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Bank Guarantee

Particulars Bank Guarantee
Introduction For your various business obligations, it stand by you as surety and offer Guarantees on your behalf in local and foreign currency for approved purposes, within regulations and thus help fulfill your business requirement.
Types It includes various types of guarantees viz. financial, performance, etc. that are required at various stages of your contract. E.g. Guarantee to supplier for purchase in credit.
Documents Required
  • Bank Guarantee Request Letter
  • Counter Indemnity cum Memorandum relating to charge over fixed deposit duly stamped
  • Other Security like deposit or immovable property etc depend upon case to case