Aplab bids for PSU bank contract worth Rs 57 cr

Last Updated : Jul 16 2024 | 9:32 AM IST

Aplab announced that the company is declared L2 (2nd lowest) in a tender by a large Public Sector bank on the GeM Portal, for the supply, installation and maintenance of self-service passbook printing kiosks and is eligible for 40% of the order to the tune of Rs. 48.00 crores over 7 years. Supply of Kiosks is over 2 years and the TCO (Total Cost of Ownership) which includes maintenance, consumables etc. of the Bank is for 7 years. The total order over 7 years is expected to be about Rs. 57 crore.

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Aplab bids for PSU bank contract worth Rs 57 cr