Documents required for fresh bank guarantee
This query is : Resolved
04 March 2014
Dear Friends,
Kindly let me know the documents required for fresh bank guarantee at the time of submission to the bank as it was expired 8 months ago. And a fixed deposit was matured 6 months ago so let me know whether it will be renewed before submission of bank guarantee.
Kindly let me know the documents required for fresh bank guarantee at the time of submission to the bank as it was expired 8 months ago. And a fixed deposit was matured 6 months ago so let me know whether it will be renewed before submission of bank guarantee.
Nikhil Kaushik
(Expert)
04 March 2014
well that depends on the bank. some banks insist for deposit of FD(for margin) before creation of guarantee documents, some put it post disbursement conditions.
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