Catalogue / Bank guarantees & surety bonds

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Performance bank guarantee facility, Core 9 seriesSample

by Nalanda Corporate Services (Sample) · verified by BARREL

Price for verified buyers

Ordered and invoiced through BARREL — one contract, one GST invoice.

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Nalanda Core 9 performance bank guarantee facility, offered in 3 guarantee amount options from INR 5 crore to INR 100 crore. Key features: extension management, bank and surety quotes compared and alternative to cash margin. Typically used for equipment suppliers, developers and exporters. Delivered in line with IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees and Indian Contract Act 1872. Mobilisation Renewals 3 days; serves South India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Nalanda
Model
NAL-326 series
Listing type
Service
Unit
job
Minimum order
1 job
Lead time
Renewals 3 days
Warranty
As per guarantee terms
Standards
IRDAI (Surety Insurance Contracts) Guidelines 2022, RBI Master Direction on Guarantees, Indian Contract Act 1872
Delivers to
South 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

VariantSpecificationsMin. order · lead timePrice, ex GST
Guarantee amountINR 5 croreNAL-326-01Guarantee amount: INR 5 crore1 job · Renewals 3 daysfor verified buyers
Guarantee amountINR 25 croreNAL-326-02Guarantee amount: INR 25 crore1 job · Renewals 3 daysfor verified buyers
Guarantee amountINR 100 croreNAL-326-03Guarantee amount: INR 100 crore1 job · Renewals 3 daysfor verified buyers

Specifications

Guarantee amountINR 5 crore to INR 100 crore (see variants)
InstrumentInsurance surety bond
PurposePerformance
Validity12 monthsmade to order: 24 months / 36 months
Margin10-25%
CollateralHypothecation of receivables
Issuance time3-5 daysmade to order: 1-2 weeks
Beneficiary acceptanceFormat as per tender
Claim handlingNotification supportmade to order: Documentation review
RenewalManaged renewal
Fee basisPer annum percentage

BARREL: Bharat Atom Renewable Resources Energy Limited