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tender result · GeM · declared 11 June 2026

Group Term Insurance Service - Permanent Employees; Natural death

REGIONAL RURAL BANKS

Lowest bidder (L1)

  • STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED₹2.15 Cr

Other bidders (4)

CompanyQuoted price
Life Insurance Corporation of India₹2.15 Cr
INDIAFIRST LIFE INSURANCE COMPANY LIMITED₹3.11 Cr
AVIVA LIFE INSURANCE COMPANY INDIA LTD₹3.38 Cr
BHARTI LIFE INSURANCE COMPANY LIMITED₹4.03 Cr

Tender details

GeM Bid Number
GEM/2026/B/7448576
Items
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima
Quantity
1
Bid Closed
8 May 2026
Result Declared
11 June 2026
Contract Number

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