Catalogue / Bank guarantees & surety bonds
Performance bank guarantee facility, Plus seriesSample
by Vijaya Energy Services (Sample) · verified by BARREL
Price for verified buyers
Ordered and invoiced through BARREL — one contract, one GST invoice.
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The Plus service of performance bank guarantee facility by Vijaya covers 5 guarantee amount options (INR 50 lakh to INR 100 crore). Design: extension management, quick turnaround for bids and relief to working capital. Used by exporters, EPC contractors bidding for projects and developers. 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
- Vijaya
- Model
- VIJ-328 series
- Listing type
- Service
- Unit
- job
- Minimum order
- 1 job
- Lead time
- Issuance in 3-10 days
- Warranty
- As per guarantee terms
- 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 50 lakhVIJ-328-01 | Guarantee amount: INR 50 lakh | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 1 croreVIJ-328-02 | Guarantee amount: INR 1 crore | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 5 croreVIJ-328-03 | Guarantee amount: INR 5 crore | 1 job · Issuance in 3-10 days | for verified buyers |
| Guarantee amountINR 25 croreVIJ-328-04 | Guarantee amount: INR 25 crore | 1 job · Renewals 3 days | for verified buyers |
| Guarantee amountINR 100 croreVIJ-328-05 | Guarantee amount: INR 100 crore | 1 job · Renewals 3 days | for verified buyers |
Specifications
| Guarantee amount | INR 50 lakh to INR 100 crore (see variants) |
|---|---|
| Instrument | Standby letter of credit |
| Purpose | Retention |
| Validity | 12 monthsmade to order: 24 months / 36 months |
| Margin | 10-25% |
| Collateral | Fixed deposit |
| Issuance time | 1-2 weeks |
| Beneficiary acceptance | Format as per tendermade to order: Beneficiary format verified |
| Claim handling | Documentation review |
| Renewal | Auto-remindermade to order: Managed renewal |
| Fee basis | One-timemade to order: Per annum percentage |