Harcobank Recruitment 2026 — Official Vacancy Notification
Official recruitment notice issued by Harcobank for the post of Administrative & Technical Staff Cadre. Review verified pay structure, eligibility, vacancies, and application guidelines.
Key Recruitment Specifications
Category-Wise Vacancy Reservation
| UR | Total |
|---|---|
| 1 | 1 |
Essential Educational Qualification
MBBS / Medical Degree. Candidates must ensure all certificates are verified prior to the cutoff date.
Selection Methodology
1. Computer Based Written Test (CBT), 2. Skill Test / Interview (Where Applicable), 3. Document Verification & Medical Fitness Test.
Frequently Asked Questions
| Cadre Designation | Vacancies | Pay Level | Deadline |
|---|---|---|---|
| Director | 1 | Rs. 1 | 2026-02-07 |
| Government Post / | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Director | 1 | Rs. 123,100 - 144,20 | 2026-09-30 |
| Probationary Officer (PO) / Clerk | 1 | Rs. 25,500 - 29,200 | 2026-09-30 |
| Procurement Scope | Est. Value | EMD Amount | Closing Date |
|---|---|---|---|
| Tender Notice - Harcobank (Tender: General Go | Refer Tender Notic | 2% Statutory EMD | Refer RFP Sched |
e-Procurement Bidding Roadmap & Portal Workflow
Register the entity on the GeM portal or CPPP using a valid Class-III Digital Signature Certificate to obtain necessary procurement tokens and access the secure electronic tendering environment.
Participate in the scheduled pre-bid clarification meeting to seek technical and commercial clarifications, ensuring all queries are addressed formally through published corrigenda to maintain transparency and fair competition.
Submit the two-cover bid comprising the technical proposal, including credentials and methodology, and the commercial proposal, ensuring all mandatory documents are uploaded before the stipulated electronic submission deadline.
Attend the commercial BoQ financial opening session where the system evaluates the lowest responsive bidder (L1) based on the total cost of services, ensuring compliance with financial bidding norms.
Receive the formal Letter of Award (LoA) upon successful evaluation and approval by the competent authority, followed by the execution of the formal service level agreement and contract signing.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Harcobank N/A Recruitment must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
| Evaluation Benchmark | Mandated Technical & Financial Covenant |
|---|---|
| Statutory Benchmark | The bidder must demonstrate an average annual turnover of at least 30 percent of the estimated contract value during the preceding three financial years, supported by audited balance sheets. |
| Statutory Benchmark | The bidder must provide proof of successfully executing at least three similar recruitment projects for government entities or public sector banks within the last five years. |
| Statutory Benchmark | Mandatory submission of valid GSTIN, PAN, EPF registration, ESI registration, and a valid Labor License under the Contract Labour (Regulation and Abolition) Act is required for technical qualification. |
| Statutory Benchmark | MSMEs and Startups are eligible for exemption from EMD and prior turnover/experience requirements under Rule 170 of GFR 2017, provided they submit valid Udyam or DPIIT registration certificates. |
Financial Safeguards, EMD & Performance Security Guarantees
The procurement for Harcobank recruitment services necessitates a robust financial framework aligned with GFR 2017. The contract valuation must be determined via a detailed cost estimate, factoring in per-candidate processing costs and administrative overheads. An Earnest Money Deposit (EMD) of 2 percent of the estimated value is mandatory to ensure bidder seriousness, unless exempted under MSME provisions. Upon selection, the successful bidder must furnish a Performance Bank Guarantee (PBG) ranging from 3 to 5 percent of the contract value, valid until 60 days post-contract completion. A nominal non-refundable tender fee may be levied to cover administrative costs. To mitigate project delays, a Liquidated Damages (LD) clause is strictly enforced, stipulating a deduction of 0.5 percent of the contract value per week of delay, capped at a maximum of 10 percent of the total contract value, ensuring accountability and timely service delivery throughout the recruitment lifecycle.
General Conditions of Contract (GCC) & Integrity Compliance
The contract shall be governed by the Indian Arbitration and Conciliation Act, 1996, with disputes settled through sole arbitration in the jurisdiction of the Harcobank headquarters. Billing will follow a milestone-based approach linked to successful candidate onboarding and verification phases. A Defect Liability Period (DLP) of six months applies to recruitment data accuracy and background verification integrity. Furthermore, an Integrity Pact is mandatory for high-value contracts to ensure transparency, preventing corrupt practices throughout the procurement cycle. All service delivery must strictly adhere to the General Financial Rules (GFR) 2017 and the specific terms outlined in the tender document.
Procurement & Bidding FAQs — Harcobank N/A Recruitment
Joint Ventures are generally discouraged for recruitment services unless specifically permitted in the tender document to ensure individual accountability and service quality.
The EMD Bank Guarantee must be submitted in the standard format provided in the tender document, issued by a scheduled commercial bank, and valid for 45 days beyond bid validity.
The bid validity period is typically 180 days from the date of technical bid opening, during which the bidder cannot withdraw or modify their offer.
No, the contract is based on a fixed-price model for the duration of the agreement, and no price variation is permitted unless explicitly stated in the special conditions.
Technical evaluation is conducted on a Quality and Cost Based Selection (QCBS) or Least Cost System (LCS) basis, with specific weightage assigned to experience, methodology, and team expertise.
Requests for extensions must be submitted in writing before the deadline; however, the decision rests solely with the procuring entity based on the necessity and fairness to all bidders.