Catalogue / Bank guarantees & surety bonds
Advance payment guarantee arrangement, Titan seriesSample
by Coromandelsudarshan Advisory (Sample) · verified by BARREL
Price for verified buyers
Ordered and invoiced through BARREL — one contract, one GST invoice.
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Advance payment guarantee arrangement from Coromandelsudarshan, Titan series: 6 guarantee amount options between INR 10 lakh and INR 100 crore. Design: bank and surety quotes compared, relief to working capital and tender-format compliance check. Used by developers, exporters and equipment suppliers. Delivered in line with IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees and Indian Contract Act 1872. Mobilisation Issuance in 3-10 days; serves West India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Coromandelsudarshan
- Model
- COR-1D4 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Issuance in 3-10 days
- Warranty
- As per guarantee terms
- Standards
- IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees, Indian Contract Act 1872
- Delivers to
- West India
- GST rate
- 18 %
- Country of origin
- India
- Delivery terms
- Site mobilisation as per work order
- Returns
- Re-work of defective scope at no cost
- Other terms
- Sample data for testing; not a real offer.
Variants
| Variant | Specifications | Min. order · lead time | Price, ex GST |
|---|---|---|---|
| Guarantee amountINR 10 lakhCOR-1D4-01 | Guarantee amount: INR 10 lakh | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 50 lakhCOR-1D4-02 | Guarantee amount: INR 50 lakh | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 1 croreCOR-1D4-03 | Guarantee amount: INR 1 crore | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 5 croreCOR-1D4-04 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 25 croreCOR-1D4-05 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | for verified buyers |
| Guarantee amountINR 100 croreCOR-1D4-06 | Guarantee amount: INR 100 crore | 1 job · Renewals 3 days | for verified buyers |
Specifications
| Guarantee amount | INR 10 lakh to INR 100 crore (see variants) |
|---|---|
| Instrument | Standby letter of creditmade to order: Bank guarantee / Insurance surety bond |
| Purpose | Retentionmade to order: Bid security / Advance payment / Performance |
| Validity | 36 monthsmade to order: 12 months / 24 months |
| Margin | 10-25% |
| Collateral | Hypothecation of receivables |
| Issuance time | 1-2 weeks |
| Beneficiary acceptance | Format as per tender |
| Claim handling | Documentation review |
| Renewal | Auto-remindermade to order: Managed renewal |
| Fee basis | Per annum percentage |