How e-BGX Works

Get your Bank Guarantee issued in 5 simple steps.

Complete transparency, digital process, fastest turnaround.

The Process

From Application to Issuance. Our streamlined digital process ensures you get your BG faster than ever before.

  1. Apply for Bank Guarantee
    Submit your BG requirement through our simple online form. Provide details like amount, validity period, beneficiary, and purpose. No paperwork, no bank visits required.
  2. Banks Review & Offer
    Your application is shared with our network of 50+ partner banks. Banks review your requirement and submit competitive offers based on your profile and needs.
  3. Compare Offers
    View all offers side by side. Compare commission rates, FD margin requirements, processing times, and terms. Make an informed decision with complete transparency.
  4. Pay & Create Fixed Deposit
    Accept your preferred offer and make payment online. Create the required FD margin directly through the platform. Secure, fast, and hassle-free.
  5. BG Issued & Delivered
    Receive your Bank Guarantee digitally. Track the physical delivery status. Get SMS and email notifications at every step of the process.

Post-Issuance

Complete Lifecycle Management

e-BGX doesn't stop at issuance. Manage your entire BG lifecycle from one platform.

Expiry Alerts

Receive timely notifications before your BG expires, ensuring you never miss a renewal deadline.

Easy Renewals

Renew your BG with a single click. Banks compete again for your renewal, potentially offering better rates.

Amendments & Claims

Request amendments to existing BGs. Handle claims and closure through the platform.

Typical Timeline

See how fast your BG can be issued through e-BGX

ModelTime
Traditional Process2-4 Weeks
With e-BGX24-72 Hours