The most commonly used guarantees are as under:
Bid Bond (Tender Bond)
Performance Bond Guarantee
Advance Payment Guarantees
Counter Guarantee
Deferred Payment / Supplier Credit Guarantee
I take this opportunity to thank all the shareholders for the confidence, positive response towards us and in supporting us to achieve greater heights in our performance
It offers great products like different kinds of savings, microfinance, deprived sector loan, technical assistance, training, Bank Guarantee, Remittance and Utility payments
At present, the bank with about 16.177 member cooperatives covering all 77 districts and with rapidly growing number day by day, has already extended its network in 68 different places
In order to identify the status of the institution, the Bank has to follow the member associations/ institutions in the form of terrestrial and non-terrestrial
The member cooperative registered with internet banking service and subscribed to the Cheque Transfer Service through application form can browse the portal for transferring the amount from their saving account maintained at NCBL to any other BFI'
