DEFERRED PAYMENT GUARANTEE COVERING IMPORT OF GOODS INTO INDIA/REPAYMENT OF FOREIGN CURRENCY LOAN

0.60% per quarter or part thereof, calculated on the amount of liability at the beginning of every quarter for the specified period of liability (actual period of validity + claim period).

GUARANTEES ISSUED ON BEHALF OF CENTRAL & STATE GOVERNMENT AND CORPORATIONS/ INSTITUTIONS/ COMPANIES WHOLLY OWNED BY THEM, IRRESPECTIVE OF THE AMOUNT

50% of normal charges applicable to general clients

EXPORT PERFORMANCE GUARANTEES, BID BONDS (OTHER THAN FOR PROJECT EXPORTS)AND EXPORT PERFORMANCE GUARANTEE IN TERMS OF IMPORT TRADE CONTROL REGULATIONS & EXPORT PERFORMANCE GUARANTEE /BID BONDS CONNECTED WITH DEEMED EXPORTS

• 0.10% per month for the specified period of liability (actual period of validity + claim period).
• Min 1 quarter or ₹500 whichever is higher

Letter of Comfort/Guarantee for repayment of foreign currency loans under ECB/Short term loans for imports, wherever applicable

• 0.35% per quarter or part thereof with a Min ₹1500 per Bank Guarantee.

For All Guarantees (other than those for project Exports)

• 0.20% per month for the specified period of liability (actual period of validity + claim period).
• Minimum 0.35% or ₹500 (whichever is higher) per guarantee

In case of Guarantees (other than those issued for project Exports) issued against 100% cash margin or 100% counter guarantee of GOI

• 25% of normal charges
• Min ₹500