9.

I have an account in a bank other than ICICI and want to pay EMD online through
NEFT. Is it mandatory to visit my bank and deposit the EMD amount there?

No, it is NOT mandatory. You can pay the EMD both at your branch through NEFT /
RTGS as well as through your online bank account.
If you wish to pay from your bank account online, please add IOCL as “Third Party” as
per the account details available in the downloaded challan copy from IOCL e-Tendering
portal and activate the same. Please note that for every transaction, account number shall
be different and accordingly you have to add the specific account as “Third Party” as
mentioned in the particular challan for every tender separately.

10. I have a bank account with ICICI. Can I make payment through NEFT/RTGS online?

No, you can NOT.

NEFT/RTGS is the product to transfer money between different banks. As, IOCL is
maintaining account with ICICI for EMD receipt, the payee bank cannot be ICICI bank. It
has to be any bank other than ICICI.

11. I have Internet Banking facility in a bank other than ICICI. Can I do “Online EMD”
payment through “Net Banking”?

Yes, you can. For more details, please refer FAQ#6.

12. Earlier I have paid online EMD of an e-Tender using auto generated NEFT challan.
Can I use the same bank account details for depositing EMD through NEFT for
another tender?

No, you cannot.

For every transaction, unique account number is generated by the system and EMD
payment has to be deposited in the same account only. Even if you have changed the
payment mode for the same tender (e.g. from NEFT to online and again want to pay though
NEFT), you must reselect the payment mode again and generate a new challan which will
have latest system generated account number. Deposit EMD accordingly.

13. I have submitted EMD amount in bank physically through NEFT / RTGS but I am not
able to find the “Freeze” button or not able to “Freeze” my bid. What should I do?

Bidder to note that he should make NEFT payment preferably TWO full working days (for
details of working days & time, please visit your bank website) before the bid submission
end date of Tender because NEFT payment status will be updated only on the next day of
making payment. Same is mentioned in NEFT Challan. Once payment is verified from
your bank and received at IOCL end, you will get the “Freeze Bid Submission” button.