Bank Gaurantee
SBI guarantees the creditworthiness or the business capacity of its clients through its financial and performance guarantees. SBI issues both types of Guarantees viz. Performance Guarantee and Financial Guarantee. The type of Guarantee, track record of customers and their financial position are the guiding factors in deciding the Guarantee limit, security and margin.
Issuance of Guarantees on behalf of Domestic CustomersIn favour of Domestic Beneficiaries and Foreign Beneficiaries.
Issuance of guarantees on behalf of foreign correspondent banks to beneficiaries in Bangladesh.
For further details and terms and conditions, please contact our nearest branch.