Catalogue / Bank guarantees & surety bonds
Retention money guarantee, Smart seriesSample
by Kanchiagni Associates (Sample) · verified by BARREL
Price for verified buyers
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; Kanchiagni Associates (Sample) quotes for it.
Or send an open RFQ to every matching merchant.
Register your company to see prices.
Kanchiagni Smart retention money guarantee, offered in 3 guarantee amount options from INR 1 crore to INR 25 crore. Key features: extension management, quick turnaround for bids and tender-format compliance check. Typically used for developers, equipment suppliers and exporters. 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-446 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
- 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 1 croreKAN-446-01 | Guarantee amount: INR 1 crore | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 5 croreKAN-446-02 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 25 croreKAN-446-03 | Guarantee amount: INR 25 crore | 1 job · Issuance in 3-10 days | for verified buyers |
Specifications
| Guarantee amount | INR 1 crore to INR 25 crore (see variants) |
|---|---|
| Instrument | Standby letter of creditmade to order: Bank guarantee / Insurance surety bond |
| Purpose | Advance payment |
| Validity | 24 monthsmade to order: 12 months / 36 months |
| Margin | 10-25%made to order: Nil with surety |
| Collateral | Hypothecation of receivablesmade to order: Fixed deposit |
| Issuance time | 3-5 daysmade to order: 1-2 weeks |
| Beneficiary acceptance | Beneficiary format verified |
| Claim handling | Notification supportmade to order: Documentation review |
| Renewal | Managed renewalmade to order: Auto-reminder |
| Fee basis | One-timemade to order: Per annum percentage |