ANNEXURE-II

(All amounts are in Rs. lacs)

State Bank of India

___________Branch (Code _______)

PROPOSAL FOR ESTABLISHMENT OF INLAND/ FOREIGN BANK GUARANTEE

FOR ________ (INR/ FC )
(In words ____________________________________________________)

PART A (Operation Angle Approval)

1. Name of the Unit :

2. CIF No. :
3. Activity :
4. Address of the Unit :
5. Constitution : Prop. / Partnership Firm/ LLP/
Pvt Ltd.Co./ Pub Ltd

6. Details of proposed Bank Guarantee :

Description Amount Period of BG in months Commission to be
Validity Claim Total recovered (in Rs.)*
Period Period Period (Qtrly/HY/Annually)
Inland/ Foreign

• Please mention card rate or special rates approved in Sanction.

• Approval from appropriate authority obtained on (date) ……………regarding
recovery of commission.

7. Purpose of the proposed BG :

8. Nature of Bank Guarantee : Financial/ Performance

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 9. Details of Beneficiary :
i) Beneficiary’s Name :
ii) Beneficiary’s bank details
along with IFSC Code/ SWIFT Code:
iii) Brief address of Beneficiary :
10. Other observations / Confirmations:

i) Whether the BG contains any clause prejudicial to the interest of the Bank?
Yes/ No. If yes, give details.

ii) Whether the contingent liability has been suitably restricted by introducing
‘limitation’ clause? Yes/ No.
iii) The application / documents are signed by the authorized signatory of the Unit.
iv) Necessary period angle clearance is obtained from appropriate authorities for
the BG tenor exceeding 18 months, if applicable.
v) Opinion report of overseas counterparty is obtained and found satisfactory.
vi) The customer BG account has been created and accounts linked in Exim bills.
vii) The BG request has been vetted and the documents submitted are found to be
in order.
viii) BGs will also not be issued for indirectly enabling the placement of deposits
with non-banking institutions.

Bank Guarantee may be issued subject to Credit Angle Approval.

Submitted & Recommended by Approved by Controlled by

Desk Officer Chief Manager / AGM/DGM/ Branch Head

Date: Authorized Officer

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 PART B (Credit Angle Approval)

(Rs. In lac)
BG Limit
Current Outstanding (A)
Present Request for BG (B)
Total Outstanding (C=A+B)

1. CRA :
1. External Credit Rating : Valid upto: …………….
2. BG limit sanctioned :
3. Sanctioned by :
4. Position of Accounts as on ……../….……/…..… are as under:
(Rs. In lacs)
Facility Limit DP Outstanding Irregularity if any
CC
TL & LOC
LC/Buyers
Credit
BG
CEL

Total

5. Security Margin details:

Stipulated Margin Available Additional Margin details
Margin margin
% Amount % Amount required TDR Amount
(Amount) No./STDR
No.
Lien on
Account

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6. BG position :
i) Present outstanding in BG A/c :
ii) No.of BGs outstanding :
iii) No. of BGs opened during the
Last 12 months. :
iv) No.of BG invoked during the
Last 12 months. :
v) Details of BGs invoked during last 12 months:
Sl.No. Amount (Rs. In lacs) Date of Invocation

7. Comments on conduct of the Account:

..…………………………………………………………….………………………………
………………………………………………………………………………………………
………………………………………………………………………………………………
……………………………………………………………………………………………..
………………………………………………………………………………………………
.…………………………………………………………………………………………

8. Other observations / Certifications:

i) The customer is KYC compliant.
ii) The unit is sanctioned suitable limit and it is not overdrawn as on date.
iii) In case of issue of BG to companies, resolution of the Board of Directors
authorizing the BG transaction and details of authorized signatory are obtained
and on record.
iv) Whether purpose of BG is related to activity financed. Yes / No

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 v) Required margin is available as TDR/STDR and lien has been marked there
against. Sanction Resolution No. ………………….. dated
……………………………. by CLCC /RCCC/ CCSC/ CCCC/ ECCB.(enclosed)

Submitted & recommended by Approved by Controlled by

Service Officer/ CSO Relationship Manager/ Regional Manager/AGM/

Authorized Officer DGM/Branch Head
Date:

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