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Bank of India, issues Bank Guarantees, on behalf of their customers, in favour of third parties like Government Departments, Public- Sector Organisations, etc.
BoI issues both types of Guarantees viz. Performance Guarantee and Financial Guarantee.
The type of Guarantee, track record of customers and their financial position are the guiding factors in deciding the Guarantee limit, security and margin.
For further details and terms and conditions, please contact our nearest branch.
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