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

Traditional Process

Bank visits & paperwork 2-3 days
Bank processing 5-7 days
Approvals 3-5 days
Issuance 2-3 days
Total 12-18 days

With e-BGX

Online application 15 mins
Bank offers received 10-12 hours
Compare & accept 1 hour
BG issuance 10-12 hours
Total 24 Hours