Bank desires to acquire a premises on lease basis for a minimum period of 15 years having around 800 sq. ft

PUNJAB & SIND BANK (A Govt. of India Undertaking) Regional Office, Red Cross Bhawan, Sadiq Chowk, Faridkot. Ph No. 01639 – 502546, 502077 RO/PREMISES/ DATE 30.09.2026 (REQUIREMENT OF NEW PREMISES) PREMISES REQUIRED ON LEASE BASIS FOR BRANCH AT VILLAGE KULAR, TEHSIL ABOHAR (District FAZILKA) (Date of advert. 01.10.2026 in the news papers— Rozana Spokesman(Punjab Edition) & The Poiner(English) ( Last date to receive offers 21.10.2026 (latest by 5.p.m.) (Date of opening of technical bids Next Working Day by 3:00 P.M.) Bank desires to acquire a premises on lease basis for a minimum period of 15 years having around 800 sq. ft. carpet area on Ground Floor for its branch at village kular, district Fazilka, Punjab. (Including onsite ATM within total rent), within the area. The offers are invited under two bid system (Technical Bid & Financial Bid). Interested parties (except brokers) may obtain the prescribed format of technical bid (Annex-I) and financial bid (Annex-2) from Punjab & Sind Bank’s Regional Office/Branch from 01.10.2026 (between 10.00 AM to 5 PM from Monday to Friday and on 1st , 3rd and 5 th Saturday) upto 21.10.2026 or may download the same from Bank’s website www.punjabandsind.bank. in The duly filled in offer complete in all respect in separate sealed covers marked “Technical Bid” & “Financial Bid” and super scribing “offer for Premises at village Kular” on top and name, address & contact number of offerer at bottom left corner should be addressed to: The Regional Manager Punjab & Sind Bank Regional Office Red Cross Bhawan Sadiq Chowk, Faridkot Punjab Pin 151203 The last date of submission of complete application form in separate sealed covers in two part (Technical & financial Bid) is 21.10.2026 upto 5.00 PM. The offer should be sent to Regional Office, Faridkot via Registered post or By- Hand on or before 21.10.2026 upto 5:00 PM. The technical bid or offer shall be opened on next working day at 11:00 AM and date of opening of financial bid will be intimated to short listed offers subsequently. The bank reserves right to cancel any or all tenders and stop the process at any point of time without assigning any reason or notice whatsoever. REGIONAL MANAGER PUNJAB & SIND BANK REGIONALOFFICEFARIDKOT (RED CROSS BHAWAN, SADIQ CHOWK, FARIDKOT) PREMISES REQUIRED Punjab & Sind Bank requires suitable ready built and well-constructed hall type building having Carpet Area including space for ATM(800 sq ft) on lease/rental basis premises should be preferably in Ground Floor at ( Village Kular, District Fazilka) . Premises offered should have all clearance certificates from statutory authorities. Interested owners / registered Power of attorney Holders of such premises in the desired locality who are ready to lease out their readily available premises on long term lease basis preferably for 15 years or more may send their offers in the prescribed format available on Bank's Web Site www.punjabandsind.bank.in or the same may be obtained from the above address during office hours. The complete offer duly sealed & signed and should reach the undersigned on or before (21.10.2026 upto 5.00 PM)at the above address. No brokerage will be paid by the Bank. Bank reserves the right to accept or reject any or all offers at its sole discretion without assigning any reasons whatsoever. REGIONAL MANAGER

Date of advertisement: 01.10.2026

ANNEXURE-III

Termsandconditions

1. Applicant must have clear marketable title to the property. Copy of approved construction plan and NOC for commercial use of the premises must be submitted by the landlord along with technical bid. The charges/levies/penalties, misuse charges if any, for commercial use of the premises shall be borne by the landlord.

2. There should not be any bar by any State/Central/Quasi government/ Gram

Panchayat or municipal body for construction/ opening/ functioning of the bank there. 3. The entire offered area shall be available in a single floor,i.e.ground floor.

4. The photographs, layout plans, utilization plans should be

submitted with technical offer.

5. The premises should be strong preferably framed RCC structured and modern

and should provide for structural safety from earthquake, theft etc. and suitable from the point of security and have all civic facilities such as adequate sanitary arrangements, water and electricity, natural lights & ventilations etc.

6. Rent free parking space will be provided

7. Rent shall be settled purely on carpet area basis. At the time of taking

possession correct measurement shall be taken and recorded in the presence of the landlord. 8. Rent shall be payable from the date of taking actual possession of the premises by the bank after execution of lease deed. 9. Initial lease period shall be for 5 years with an option with Bank of minimum further two renewals of 5+5years with agreed enhancement in rent. Total Lease period will be minimum 15 years (5+5+5). 10. Enhancement in rent after initial period of 5 years will be maximum 15% as per Bank’s guidelines. 11. No escalation in the rent rate shall be allowed during the currency of the total lease period.

12. Lease deed for entire period shall be executed on Bank’s standard format

without any alteration.

13. Stamp duty and registration fees & other charges towards executions &

registration of lease deed shall be shared equally by landlord and bank. 14. Income tax on rental payment will be deducted at source (TDS) at prevailing rate. 15. Sufficient space at prominent location shall be provided for display of Bank’s glow signboard within offered rent. 16. The landlord should not have any objections in carrying out interior work/floor chasing work etc. However no structural changes will be made. 17. Rental advance if any required and/or allowed by the bank shall be repayable in 12 equal monthly installments at the beginning of the lease. 18. Separate three (3) phase electric connection having 20 KVA power load shall be provided by landlord at this cost for exclusive u