REQUEST FOR PROPOSAL For CYBER INSURANCEPOLICY FOR PUNJAB & SIND BANK Click Here CORRIGENDUM 1 - Corrigendum 1

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REQUEST FOR PROPOSAL

For

CYBER INSURANCE POLICY FOR PUNJAB & SIND BANK

Broker: AON Risk Insurance Brokers India Private Limited

Issued by: Cyber Security Dept. Punjab & Sind Bank 3rd Floor, Sec 3, Rohini , New Delhi 110085

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INDEX Sr. No. Particulars Page No. 1 Schedule of Invitation 3 2 Introduction & Scope of Work 3 3 General Information 3 4 Proposal Requirements -Enclosures 5 5 Eligibility Criteria 5 6 Process for Evaluation of Bids 6 7 Bid Submission 6 8 Bidder Warranties 9 9 Insurance Policy"' Features for 2026-27 14 10 Coverages Wording 18 11 Annexure 1 - Response Format- Nil Deviations confirmation 61 12 Annexure-2 - Pre-Contract Integrity Pact 62 13 Annexure-3 - Non-Disclosure Agreement 66 14 Annexure 4 - Confirmation on Eligibility Criteria's 71 15 Annexure 5 - Declaration from Bidders 72

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Schedule of Invitation

Sr. No. Particulars Timelines 1 RFP Issuance Date 20-07-2026……………..

2 Pre-bid Meeting details 27-07-2026 12: 30 PM

3 Mode of bid submission Government e Marketplace (GeM) 4 Last Date of Submission of RFP Response (Closing Date) As per Gem Bid Document

10-08-2026 3: 00 PM

5 Eligibility Cum Technical Bid Opening Date As per Gem Bid Document

10-08-2026 3: 30 PM

6 Financial Bid The Financial Bids of only those Bidders who qualify in both eligibility and technical evaluation will be opened. The date for opening of the Financial Bid would be communicated separately to the technically eligible Bidders. 7 Last date of submission of query As per Gem Bid Document

24-07-2026 5: 00 PM

8 Support details of Online Portal facilitator helpdesk-gem@gov.in 1800-419-3436;1800- 102-3436 9 Bid Validity period 60 Days from date of opening of Financial Bid

Introduction & Scope of Work

Punjab & Sind Bank is a leading Public Sector Bank of the country with Head Office at New Delhi. It has branches pan India.

Punjab & Sind Bank (hereinafter referred to as PSB) is inviting participation from interested General Insurance companies registered with IRDAI for providing quotations for the upcoming Cyber Insurance Policy. Bidders are invited to upload their proposal in accordance with the enclosed Request for Proposal (RFP) in GeM Portal.

Complete confidentiality to be maintained. Information provided herein shall be used for its intended scope and purpose only by all the bidders.

General Information The objective is to ensure that this Cyber Insurance Policy is managed at a high service level and in the most cost-effective manner as possible. The bidder must have the flexibility necessary to respond to PSB's current and changing needs.

Insurance Broker on Record Punjab & Sind Bank has appointed AON Risk Insurance Brokers India Private Limited as our Sole & Exclusive Insurance Broker for managing the Cyber Insurance program at no cost to our company. Their remuneration will be as per IRDAl's guidelines & Insurance companies have to adhere to the same. Punjab & Sind Bank will not entertain any ambiguity on this later on.