Enterprise need guarantee in operational activity usually. Bank guarantee is the means to satisfy the needs. It’s a promise from the bank that if the enterprise becomes a defaulter than the bank or the financial institution will cover the loss.
It is issued, discounted/monetized or enhanced as per the requirement.
Non fund base finance.
B.G is Issued and discounted.
Short-term, Quick and easy.
Who Can apply
Private Ltd, Public Ltd, LLP, Proprietor
1 year bank statement of the company.
PAN card of the company.
PAN card of the Promoters/Directors.
Business registration document.
Company address proof.
3 years balance sheet, P&L with audit report.
Previous venture funding statement
3 years I.T.R of the company.