Old Site

Retention Money Guarantee

A guarantee issued in favour of the beneficiary against retention money withheld from contractual payments. It enables the customer to receive the retained amount while providing the beneficiary with security in accordance with the terms of the guarantee.

As per prevailing Schedule of Charges and approved terms.

Eligible corporate customers having acceptable contracts/work orders and satisfactory performance and credit standing.

Contract/work order, retention money terms, beneficiary details, application and other supporting documents required by the Bank.

Live Chat Live Chat Live Chat

Accessibility Menu

Font size
+ -
Text Space/Line Height
+ +