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BEST FOR

Quick, global guarantee for businesses

  • Fast approval process

  • Local & international use

  • FD or collateral-backed

  • Covers multiple currencies

  • Strengthens trade trust

Things you should know

  • Eligibility

    Credit assessment based on business profile

  • Security Type

    • FD Backed: Assured through Fixed Deposit
    • Collateral Backed: Supported by approved security

FAQs

What is a Bank Guarantee?

A Bank Guarantee is a promise from the bank that it will pay the beneficiary if the customer cannot meet a financial or performance obligation. It helps businesses build trust in deals by giving the other party confidence that payments or commitments are secure.

Can I avail a Bank Guarantee against a Fixed Deposit?

You can apply for a Bank Guarantee by using your Fixed Deposit as security.

Can I avail a Bank Guarantee without a Fixed Deposit?

This may be possible depending on the internal assessment of your application, which reviews your profile and eligibility.

How much Fixed Deposit amount is required?

The required Fixed Deposit amount varies by cross-currency needs. It usually ranges from 105% to 120% of the guarantee amount.