Catalogue / Bank guarantees & surety bonds
Advance payment guarantee arrangement, Eco 9 seriesSample
by Kanchiagni Associates (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 Kanchiagni, Eco 9 series: 4 guarantee amount options between INR 10 lakh and INR 5 crore. Highlights: extension management, alternative to cash margin and tender-format compliance check. Used by developers, exporters and EPC contractors bidding for projects. 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 All India and export (SAARC, Middle East, Africa). Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Kanchiagni
- Model
- KAN-1D6 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Issuance in 3-10 days
- Warranty
- Verification letter provided
- Standards
- IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees, Indian Contract Act 1872
- Delivers to
- All India and export (SAARC, Middle East, Africa)
- GST rate
- 18 %
- Country of origin
- India (imported sub-assemblies)
- 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 lakhKAN-1D6-01 | Guarantee amount: INR 10 lakh | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 50 lakhKAN-1D6-02 | Guarantee amount: INR 50 lakh | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 1 croreKAN-1D6-03 | Guarantee amount: INR 1 crore | 1 job · Renewals 3 days | for verified buyers |
| Guarantee amountINR 5 croreKAN-1D6-04 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | for verified buyers |
Specifications
| Guarantee amount | INR 10 lakh to INR 5 crore (see variants) |
|---|---|
| Instrument | Insurance surety bondmade to order: Bank guarantee / Standby letter of credit |
| Purpose | Retentionmade to order: Bid security / Advance payment / Performance |
| Validity | 24 monthsmade to order: 12 months / 36 months |
| Margin | 10-25% |
| Collateral | Hypothecation of receivables |
| Issuance time | 3-5 days |
| Beneficiary acceptance | Format as per tendermade to order: Beneficiary format verified |
| Claim handling | Documentation review |
| Renewal | Auto-remindermade to order: Managed renewal |
| Fee basis | Per annum percentagemade to order: One-time |