 Deferred payment Guaranteess |
 |
- For acquisition of Capital goods (Plant & Machinery including Generators) where there is provision for Suppliers Credit by the Manufacturer/Supplier
- Terms of payment in tune with Credit extended by the manufacturer/Supplier
- Security: Primary security:1st charge on fixed assets financed. Collateral security and Third party guarantee as per Bank policy.
|
|
| |
| Bank Guarantees |
|
- Guarantees in lieu of Earnest money Deposit, Security Deposit, Bid Bonds, Advance payment, Performance, Retention money etc
- Depending upon nature of business requirement
- Margin, Security, Commission, period of guarantee as per Bank norms
|
|
| |
| Letters of Credit |
|
- For purchase of Raw materials/inputs and Capital goods
- LC issued will be as per terms of suppliers of the goods/services
- Margin, Security, Commission shall be as per Bank norms
|
|
|