The Bank provides various types of Bank Guarantees such as financial guarantees, bid bond, tenders, customs etc. on behalf of our client. The guarantees are given on behalf of our client to various entities such as Government, Quasi Govt. bodies, Corporate and so on.
- Who can borrow: Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
- Margin: Cash margin – is subject to change from time to time.
- Commission: As per Banks policy from time to time.
- Settlement: Original BG to be returned after due date.
- Prime Security: Counter guarantee & charge on assets.
- Collateral Security: If required, on case to case basis
* Terms & conditions apply, loan at sole discretion of the bank.