Catalogue / Bank guarantees & surety bonds
Retention money guarantee, Xtra seriesSample
by Coromandelsudarshan Advisory (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
Customise and request quoteMade to order: change the marked specification rows to what you need; Coromandelsudarshan Advisory (Sample) quotes for it.
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The Xtra service of retention money guarantee by Coromandelsudarshan covers 6 guarantee amount options (INR 10 lakh to INR 100 crore). Key features: bank and surety quotes compared, relief to working capital and tender-format compliance check. Used by exporters, EPC contractors bidding for projects 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-443 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-443-01 | Guarantee amount: INR 10 lakh | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 50 lakhCOR-443-02 | Guarantee amount: INR 50 lakh | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 1 croreCOR-443-03 | Guarantee amount: INR 1 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 5 croreCOR-443-04 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 25 croreCOR-443-05 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 100 croreCOR-443-06 | Guarantee amount: INR 100 crore | 1 job · Renewals 3 days | on quote |
Specifications
| Guarantee amount | INR 10 lakh to INR 100 crore (see variants) |
|---|---|
| Instrument | Insurance surety bondmade to order: Bank guarantee / Standby letter of credit |
| Purpose | Retention |
| Validity | 24 months |
| Margin | 10-25% |
| Collateral | Hypothecation of receivables |
| Issuance time | 1-2 weeks |
| Beneficiary acceptance | Beneficiary format verified |
| Claim handling | Notification support |
| Renewal | Auto-remindermade to order: Managed renewal |
| Fee basis | One-time |