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of <h1>Bank Guarantee Format for DEPB Scheme in Foreign Trade Policy: Obligations, Validity, and Terms for Exporters/Importers</h1> The format for a bank guarantee under the DEPB Scheme and other incentive schemes in Chapter 3 of the Foreign Trade Policy (2009-14) as amended. It requires the importer/exporter to provide a bank guarantee if applying for scrips without a Bank Realisation Certificate. The bank guarantees payment to the Indian government for any loss due to non-realization of export proceeds. The guarantee remains effective until all obligations are met, and the government can modify terms without affecting the bank's obligations. The guarantee is valid for 24 months from the export date, with specific conditions for multiple shipments.
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