https://www.taxtmi.com/forum/issue?id=120807 A bank guarantee is issued after formal application, KYC submission and the bank's internal appraisal determining eligibility and security. When secured by a Fixed Deposit the bank ordinarily places a lien on the FD for an amount at or above the guarantee and requires the FD tenure to be co terminous with or longer than the guarantee. Margin levels, charges and procedures are governed by each bank's internal credit policy and may vary between banks. en-us Wed, 11 Mar 2026 10:53:25 +0530 Wed, 11 Mar 2026 11:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120807 A bank guarantee is issued after formal application, KYC submission and the bank's internal appraisal determining eligibility and security. When secured by a Fixed Deposit the bank ordinarily places a lien on the FD for an amount at or above the guarantee and requires the FD tenure to be co terminous with or longer than the guarantee. Margin levels, charges and procedures are governed by each bank's internal credit policy and may vary between banks. Discussion-Forum Companies Law Wed, 11 Mar 2026 10:53:25 +0530 https://www.taxtmi.com/forum/issue?id=120807