TJSB Bank Guarantee
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The Bank provides various types of Bank Guarantees such as performance guarantees, 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.
Original BG to be returned after due date.
**"Conditions Apply. Loan at sole discretion of the Bank”
Type of Loan : Bank Guarantee – Financial & Performance Guarantees, Bid Bonds, Earnest Money Deposit Guarantees etc.
Purpose : Business needs.
Margin : Cash margin -As per Banks policy from time to time.
- Settlement : Original BG to be returned after due date.
- Commission : As per Banks policy from time to time.
Who can borrow : Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
Prime Security : Counter guarantee & charge on assets.
Collateral Security : If required, on case to case basis.