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Tender Details

Tender ID Tender1331
Reference No. TendersTime1331
Tender Brief Union Bank of India RFP 2026: Empanelment of Academic Institutes for Advanced Training Programs
Tender Description Union Bank of India invites proposals for empanelment of external academic institutes to develop domain-specific advanced training programs. Check eligibility, scope, EMD, tender fee, and key dates.
Pre-Qualification Criteria

Tender Overview

Union Bank of India has released an RFP (Ref: PROC:134:2026) for the empanelment of external academic institutes to design and deliver domain-specific advanced training programs for its workforce.

Tender Authority: Union Bank of India

Location: Mumbai (Central Office, Nariman Point)

Tender Type: Empanelment / Training & Capacity Building

Submission Mode: Offline (Hard Copy Only)

Key Dates & Deadlines
Activity
Date & Time
Tender Publish Date
30 April 2026
RFP Issuance
30 April 2026 (10:00 AM)
Last Date for Pre-Bid Queries
06 May 2026 (5:00 PM)
Pre-Bid Meeting
07 May 2026 (11:30 AM, Online)
Bid Submission Last Date
21 May 2026 (3:00 PM)
Technical Bid Opening
21 May 2026 (3:30 PM)
 
Scope of Work
The selected institutes will support Union Bank in Learning & Development (L&D) initiatives, including:
Key Responsibilities:
  1. Design & deliver advanced training programs across banking domains
  2. Develop role-based certification courses
  3. Conduct faculty development programs
  4. Create case studies, curriculum, and research outputs
  5. Enable training in areas like:
1.       Banking Operations & Compliance
    1. Credit & Risk Management
    2. Digital Transformation & AI
    3. Sales, HR, Strategy & Finance
    4. ESG, Cybersecurity & FinTech
 Focus: Building a future-ready workforce with industry-aligned skills
Eligibility Criteria
  1. Only qualified and experienced academic institutes can apply
  2. Must submit documentary proof of eligibility
  3. Must agree to all RFP terms and conditions
  4. Must demonstrate relevant experience in BFSI training programs
  5. Must not be blacklisted or involved in fraudulent practices
 Detailed criteria are provided in Annexure II of the RFP
Pre-Qualification Criteria
  1. Proven expertise in training, curriculum development, and research
  2. Experience in banking or financial sector training
  3. Capability to deliver advanced domain-specific programs
  4. Strong faculty and subject matter experts
Financial Criteria
Not explicitly defined in the RFP document:
  1. No minimum turnover mentioned
  2. No net worth criteria specified
  3. No financial bid required at this stage
  4. Commercials will be invited later via RFQ stage
 Tender Fee & EMD
  1. Tender Fee: Not specified
  2. EMD (Earnest Money Deposit): Not mentioned
  3. Integrity Pact: Mandatory submission required
 Non-submission of Integrity Pact will lead to disqualification
Submission Guidelines
  1. Mode: Offline submission only (Hard Copy)
  2. Submit sealed bid at:
1.      Union Bank of India, Nariman Point, Mumbai
  1. Include all annexures (I–XVIII)
  2. All pages must be signed and stamped
  3. Late or incomplete bids will be rejected
No online/email submission allowed
Document Checklist
Bidders must submit:
  1. Letter of Acceptance (Annexure I)
  2. Eligibility Documents (Annexure II)
  3. Integrity Pact (Annexure III)
  4. Self Declaration & Affidavit
  5. Company Profile & Experience Details
  6. Faculty CVs
  7. Technical Proposal & Methodology
  8. Compliance Certificates
  9. All Annexures (I to XVIII)
  10. Signed RFP document
Evaluation Process
  1. Stage 1: Eligibility Screening
  2. Stage 2: Technical Evaluation (70 Marks)
  3. Stage 3: Presentation (30 Marks)
  4. Final empanelment based on combined score
Key Requirements Table
Criteria
Requirement
Minimum Average Annual Turnover
Not Specified
Net Worth Requirement
Not Specified
Minimum Experience
Required (BFSI training preferred)
Submission Mode
Offline (Hard Copy)
EMD Exemption
Not Applicable / Not Mentioned
Tender Fee
Not Mentioned
 
Important Notes
  1. Empanelment validity: 3 Years
  2. No guarantee of work allocation
  3. Institutes must participate in future RFQs
  4. Bank reserves right to accept/reject bids without reason
Conclusion

This Union Bank of India RFP presents a significant opportunity for reputed academic institutions to collaborate in shaping the future workforce of the banking sector. With a focus on advanced training, digital transformation, and domain specialization, this tender aligns with India’s evolving financial ecosystem and skill development priorities. 
Minimum Average annual Turnover Not Specified
Net Worth Not Specified
Minimum Experience Required (BFSI training preferred)
Submission Mode Offline (Hard Copy)
EMD Exemption Not Applicable / Not Mentioned
Tender Fee (Number) Not Mentioned
EMD (Number) Not mentioned
Mode of EMD Not Mentioned
Estimated Cost Not Disclosed
Start Date of Document Collection 30 April 2026
Pre-Bid Meeting Date 07 May 2026 (11:30 AM, Online)
Last Date for Submission 21 May 2026 (3:00 PM)
Opening Date 21 May 2026 (3:30 PM)
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