Catalogue / Bank guarantees & surety bonds
Insurance surety bonds for contract performance, Pro 8 seriesSample
by Satpuradhruv Capital Advisors (Sample) · verified by BARREL
Price on quote
Ordered and invoiced through BARREL — one contract, one GST invoice.
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The Pro 8 service of insurance surety bonds for contract performance by Satpuradhruv covers 6 guarantee amount options (INR 10 lakh to INR 100 crore). Key features: bank and surety quotes compared, alternative to cash margin and tender-format compliance check. Used by exporters, developers 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 Renewals 3 days; serves West India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.
- Brand
- Satpuradhruv
- Model
- SAT-499 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Renewals 3 days
- Warranty
- Verification letter provided
- 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 (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 lakhSAT-499-01 | Guarantee amount: INR 10 lakh | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 50 lakhSAT-499-02 | Guarantee amount: INR 50 lakh | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 1 croreSAT-499-03 | Guarantee amount: INR 1 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 5 croreSAT-499-04 | Guarantee amount: INR 5 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 25 croreSAT-499-05 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | on quote |
| Guarantee amountINR 100 croreSAT-499-06 | 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 | Retentionmade to order: Bid security / Advance payment / Performance |
| Validity | 12 monthsmade to order: 24 months / 36 months |
| Margin | Nil with surety |
| Collateral | Fixed depositmade to order: Hypothecation of receivables |
| Issuance time | 1-2 weeks |
| Beneficiary acceptance | Format as per tendermade to order: Beneficiary format verified |
| Claim handling | Documentation review |
| Renewal | Managed renewal |
| Fee basis | Per annum percentagemade to order: One-time |