Provide assistance to  customers to  meet their requirements by way of Bank Guarantees favouring third parties for their  business activities, when they are not in a position to provide full cash coverage. Guarantees being a substitute for cash are designed to provide the beneficiary with a speedy monetary remedy, in the case of non performance of the transaction.

• Local Guarantees are issued in the form of
             
• Credit Purchase Guarantee
• Tender Guarantee (Bid Bond)
• Performance Guarantee (Performance Bond)
• Advance Repayment Guarantee (Repayment Bond)
• Retention Guarantee (Retention Money Bond)
• Security Bond
• Customs Duty Guarantee for Imports (Customs Duty Bond)

• International Guarantees are issued in the form of
  
            • Bid Bonds
            • Performance Bonds
            • Advance Payment Bonds

The Bank also issues guarantees favouring International Financial Institutions enabling them to issue guarantees on behalf of their customers favouring third parties. (Counter Guarantees)