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)

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:

2. Credit & Risk Management
3. Digital Transformation & AI
4. Sales, HR, Strategy & Finance
5. ESG, Cybersecurity & FinTech

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

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

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

1. Tender Fee: Not specified
2. EMD (Earnest Money Deposit): Not mentioned
3. Integrity Pact: Mandatory submission required

1. Mode: Offline submission only (Hard Copy)
2. Submit sealed bid at:

3. Include all annexures (I–XVIII)
4. All pages must be signed and stamped
5. Late or incomplete bids will be rejected

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

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

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

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.