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Just as the name tells, Electronic Bank Guarantee (e-BG) is the Guarantee issued by the banks on behalf of their customers in digital form. The issuance of electronic bank guarantees completely eliminates papers in the process.
Key Features:-
• Reduce delays
• Notification from NeSL on issuance and for any subsequent status change
• Ease of verification, access, search, trail/history
• UInitiate invocation request/ discharge letter electronically
• Notifications/alerts before expiry (future development)
• API based automation for eBG access (future development)
Faster cycle
Save opportunity cost
Revolutionizing Convenience: E-BG (Bank Guarantees) Program Launching Soon to Empower and Connect Our Community!