Commission of Bank Guarantee
ParticularsRevised Charges+GST

(in Rs.)

Commission on Bank Guarantee
a.Issued by us with 100% margin / fully secured1.50% upfront for entire period on quarterly pro-rata basis + Rs.100/-
b.Partly Secured3% 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 bank50% of rates mentioned in A and/or B above (as applicable) + Rs.100/- per transaction. Other Bank's charges to be recovered in actual.
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