Introduction
Bank Guarantee
Guarantee is an irrevocable promise made in writing by one person (guarantor or surety) to another party (the beneficiary) to answer for the debt or default of a third party. The commission will be charged for the full period of validity plus the period during which claims may be made at the time of the issue of the guarantee. We issue the below-mentioned guarantee as per the needs of the customers to execute their contracts and commitments.
- Bid Bond Guarantee.
- Performance Guarantee.
- Advance Payment Guarantee.
- Supplier Credit Guarantee.