Bank Guarantees & Documentary Credit
Enable your business to bid for large contracts and enter new markets. We issue Financial, Performance, and Bid-Bond Guarantees to assure your beneficiaries that you will fulfil your obligations.
Key Features
- Diverse Types: Performance, Advance Payment, and Financial Guarantees.
- Shipping Guarantees: Get your goods from the port even if the original documents are delayed.
- Paperless Issuance: Support for e-Bank Guarantees (e-BG) for faster domestic processing.
Our Letter of Credit acts as a global "Golden Handshake." We guarantee payment to your supplier (domestic or international) upon the fulfilment of specified shipping terms, enhancing your credibility as a buyer.
Key Features
- Global Acceptance: Recognized by major global banks.
- Structured Terms: Specify exactly what documents you need before payment is made.
Benefits: Conserves cash as you don't pay until goods are shipped; builds supplier trust.
Documents: LC Application, Purchase Order, Sanction Letter.
NEVER SHARE your Card Number, CVV, PIN, OTP, Internet Banking User ID, Password, or URN with anyone, as it can lead to unauthorised access to your account. | DIAL 1930 FOR ONLINE FINANCIAL FRAUD. REPORT ANY CYBERCRIME AT WWW.CYBERCRIME.GOV.IN | Dear Customer, in line with RBI regulation, if there are any changes/updates in the KYC documents you previously submitted with the Bank, please provide the updated documents within 30 days of such changes | Scams and Precautionary Measures.
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SBM Bank (India) Ltd is registered with DICGC for the deposit insurance scheme under the DICGC Act 1961. For more information you can visit https://www.dicgc.org.in/ Or Scan the QR code