Bank Guarantees

Protect your business commitments with reliable Bank Guarantee services. Enjoy simplified documentation, fast processing and global acceptance for performance, Bid Bond and Advance Payment Guarantees.

 

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Things you should know

  • Eligibility Criteria

    Available for businesses meeting financial and compliance norms

  • Required Documentation

    Basic KYC, project details and financial statements

  • Processing Time

    Quick approval with minimal formalities

  • Types of Guarantees

    Performance, Bid Bond, Advance Payment, Deferred Payments and Standby Letter of Credit

  • Global Acceptance

    Recognised in both domestic and international markets

FAQs

What is a Bank Guarantee?

A Bank Guarantee(BG) is a promise from a bank that the liabilities of a debtor will be met if they fail to fulfil their contractual obligations.

What type of security do I need to offer to avail BG?

You can avail a Bank Guarantee against a 100% Fixed Deposit, backed by a counter guarantee or against a credit limit, subject to financial assessment. 

Disclaimer

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