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Performance bank guarantee facility, Elite 8 seriesSample

by Tejline Corporate Services (Sample) · verified by BARREL

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

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Performance bank guarantee facility from Tejline, Elite 8 series: 6 guarantee amount options between INR 10 lakh and INR 100 crore. Design: tender-format compliance check, relief to working capital and alternative to cash margin. 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 Renewals 3 days; serves South India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Tejline
Model
TEJ-326 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
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 10 lakhTEJ-326-01Guarantee amount: INR 10 lakh1 job · Renewals 3 dayson quote
Guarantee amountINR 50 lakhTEJ-326-02Guarantee amount: INR 50 lakh1 job · Renewals 3 dayson quote
Guarantee amountINR 1 croreTEJ-326-03Guarantee amount: INR 1 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 5 croreTEJ-326-04Guarantee amount: INR 5 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 25 croreTEJ-326-05Guarantee amount: INR 25 crore1 job · Renewals 3 dayson quote
Guarantee amountINR 100 croreTEJ-326-06Guarantee amount: INR 100 crore1 job · Renewals 3 dayson quote

Specifications

Guarantee amountINR 10 lakh to INR 100 crore (see variants)
InstrumentStandby letter of credit
PurposePerformancemade to order: Bid security / Advance payment / Retention
Validity24 monthsmade to order: 12 months / 36 months
Margin10-25%made to order: Nil with surety
CollateralFixed deposit
Issuance time3-5 days
Beneficiary acceptanceBeneficiary format verified
Claim handlingNotification supportmade to order: Documentation review
RenewalManaged renewal
Fee basisOne-timemade to order: Per annum percentage

BARREL: Bharat Atom Renewable Resources Energy Limited