Bank Gaurantee

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What are the procedure for giving Bank Gaurantee?

Replies (2)

There is no set procedure as such. The person who want to borrow money may apply to bank and introduce gurantor on his behalf. The bank allow the loan after following procedural chek up of form and credit worthiness of the guarantor

Ya agree with Daya shankar singh.

There is no mandatory and full fledged procedure for giving  Bank gurantee

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