Bank Guarantee

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BANK GUARANTEE

Bank Guarantee: A Non Fund based Credit facility. A promise from a Bank that the Liabilities of a borrower will be met in the event that the borrower fails to fulfill his contractual obligations.

Types of Bank Guarantee :

• Financial Guarantee

• Performance Guarantee

• Advance Payment Guarantee

Features & Benefits :

• Currency can be Indian & Foreign

• No Vintage required ( Age of the Firm can be Less than 1 Year)

• No Collateral required

• Validity Period 1 Year

• Can be issued for 5 Years

• Quick Process

Documents :

• Filled in Application Form

• Verbiage (if any)

• Trade Licence Of your Company (in English)

• Share Holders List ( in English)

• Passport Copy of Main Applicant

• Six Months Current Account Bank Statement