Commission of Bank Guarantee

    
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Particulars

Revised Charges+GST
(in Rs.)

Commission on Bank Guarantee

 

A] Issued by us with 100 % margin / fully Secured

1.50 % upfront for entire period on quarterly pro-rata basis + Rs. 100/-

 

B] Partly Secured

3% upfront for entire period on quarterly pro-rata basis +
Rs. 100 /- per transaction (Part of quarter to be taken as full quarter).

 

C] If issued by other bank

50% of rates mentioned in A and / or B above (as applicable) + Rs. 100.00 per transaction. Other Bank's charges to be recovered in actual.