Bank Gurantee

The Bank provides bank gurantee facility to its valued customers
at a commision to include 3.5% flat on guranteed amount plus GST extra
and with a security of 50% of the bank gurantee
National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA).
The Reserve Bank of India was set up on April 1, 1935. It is one of the few central banks to document its institutional history. So far, it has brought out four volumes of its history. Volume 1, covering the period from 1935 to 1951, was published in 1970. It details the initiatives take