Dear Customer,

IndusInd Bank, in collaboration with National e-Governance Services Ltd (NeSL), is delighted to present the Electronic Bank Guarantee (e-BG) service, designed to deliver enhanced convenience in Bank Guarantee transactions.

This innovative platform offers exceptional speed, efficieny, and security.

Paper-based BG issuance, and eliminate

  • High Risk: Potential for misuse and fraud, Loss of paper-based Guarantees in transit
  • Higher Cost: Storing hard copies of Bank Guarantee and sending them to the Beneficiary
  • Undue time-spend: Dependency on stamp paper availability
  • BG Status Verification Challenges: Difficult to verify the status in absence of a central repository
  • Cancellation Complexity: Avoid lenthy closure and cancellation process

Electronic Bank Guarantee, that offers

  • Safety & Security: Secured transmission eliminates the risk of fraud and tampering
  • Real-time processing: Process quickly with e-stamping and digital signatures
  • Cost-Saving: Relief from the troubles of managing physical inventory of BGs
  • Easy Closure: Seamless and Swift cancellation process

Experience secure transmission and enhanced transparency with e-BG, today!

Reach out to your IndusInd Bank Relationship Manager to learn more.

Warm Regards,
Team IndusInd Bank