Catalogue / Bank guarantees & surety bonds
Retention money guarantee, Pro 2 seriesSample
by Ravinandi Advisory (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
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Retention money guarantee from Ravinandi, Pro 2 series: 3 guarantee amount options between INR 5 crore and INR 100 crore. Highlights: tender-format compliance check, extension management and quick turnaround for bids. Typically used for 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 All India and export (SAARC, Middle East, Africa). Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Ravinandi
- Model
- RAV-444 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 5 croreRAV-444-01 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 25 croreRAV-444-02 | Guarantee amount: INR 25 crore | 1 job · Issuance in 3-10 days | on quote |
| Guarantee amountINR 100 croreRAV-444-03 | Guarantee amount: INR 100 crore | 1 job · Issuance in 3-10 days | on quote |
Specifications
| Guarantee amount | INR 5 crore to INR 100 crore (see variants) |
|---|---|
| Instrument | Standby letter of credit |
| Purpose | Performance |
| Validity | 36 monthsmade to order: 12 months / 24 months |
| Margin | Nil with surety |
| Collateral | Hypothecation of receivables |
| Issuance time | 1-2 weeks |
| Beneficiary acceptance | Format as per tender |
| Claim handling | Notification supportmade to order: Documentation review |
| Renewal | Auto-reminder |
| Fee basis | One-timemade to order: Per annum percentage |