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Bank Guarantee

Bank guarantee facility will be provided as written obligations of the issuing bank (JBBL) to pay a sum on to a beneficiary on behalf of its customers in the event that the customers themselves do not pay the beneficiary as a result of default of any contractual obligation.

Bank guarantee facility will be provided as written obligations of the issuing bank (JBBL) to pay a sum on to a beneficiary on behalf of its customers in the event that the customers themselves do not pay the beneficiary as a result of default of any contractual obligation.

Bank guarantee may be granted to already establish individual and firms/Partnership firms/company/institutions holding required government approval/license.

Type of Bank guarantee that JBBL  can provide are:

  • Bid Bond
  • Performance Bond
  • Advance Payment Guarantee/Supply Credit Guarantee
  • Counter Guarantee

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