Get Performance Bank Guarantee

Filling out a Performance Bank Guarantee is a critical step for suppliers to secure their commitments under a purchase order. This guide will walk you through each section of the form and provide clear guidance to ensure accuracy and compliance.

Follow the steps to successfully complete your Performance Bank Guarantee.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the 'Date' field with the current date or the relevant date based on your agreement.
3. In the 'Beneficiary' section, provide the name and address of the beneficiary, which is the National Payments Corporation of India.
4. Enter the 'Performance Bank Guarantee No' in the field provided to identify this specific guarantee.
5. In the next section, clearly state the details of the supplier and the relevant purchase order number and date.
6. Mention the name of the bank providing the guarantee, along with its registered office address.
7. Specify the total amount for which the guarantee is issued, both in figures and in words.
8. Include the validity period of the bank guarantee by entering the expiry date.
9. Complete the conditions regarding claims by specifying the details of how and when claims can be made against the guarantee.
10. Finally, ensure that the authorized representatives of the bank sign the document and include relevant signatures.
11. Once all fields are filled out completely and accurately, save your changes, download the form, and if necessary, print or share it.

Complete your Performance Bank Guarantee online to streamline your document management process.