Punjab National Bank
Invitation Of Technical & Financial Bids
For Conducting Forensic Audit
Tender Overview
·
Tender Type: Invitation of Technical &
Financial Bids for Forensic Audit
·
Bank: Punjab
National Bank
·
Issuing Office: Zonal Office (Recovery Department), Mumbai
·
Nature: Case-specific forensic audit
(not general empanelment)
·
Eligible Bidders:
o IBA-approved
forensic auditors only
o Must have office in Maharashtra
·
Submission Mode: Physical submission (sealed envelopes)
·
Last Date of Submission: 29-01-2026
Audit Period & Timeline
·
Period to be Audited:
FY
2022-23 to FY 2025-26
·
Time limit for report:
o 30 days from allotment
o 15 days
notice period for
submission
·
Delay penalties:
o Up to 15 days → 10% fee cut
o 15–30 days → 25% fee cut + 3-month
cooling
o 1–2 months → 50% fee cut + 1-year
cooling
o Beyond 2 months → Blacklisting
possible
Key Eligibility Conditions
Auditor must:
·
Be on IBA
approved forensic auditor list
·
Have office
in Maharashtra
·
Not
have more than 2 ongoing PNB forensic audits
·
Not be
de-empanelled
/ blacklisted
·
Not
have audited the borrower in last 3 years
·
Not be
concurrent / statutory auditor of this account
·
Have
clean track record (RBI / IBA / CBI / SEBI / SFIO, etc.)
Fee Structure (Maximum Payable)
|
Account Exposure |
Max Fee (₹) |
|
Up to ₹100 Cr |
₹1,50,000 |
|
₹100–250 Cr |
₹2,50,000 |
|
₹250–500 Cr |
₹3,50,000 |
|
₹500–1000 Cr |
₹4,00,000 |
|
Above ₹1000 Cr |
₹5,00,000 |
·
👉 GST extra, TDS
applicable
For this account (₹39.86 Cr) → Max fee ₹1.50 lakh