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Other Services


Bank Guarantee
  • We issue Bank Guarantee u/s 126 of the Indian Contract Act’ 1873.
  • Usually financial guarantee in lieu of earnest money or security money for principal debtor’s participation in tenders, claim of excise, custom duty etc. is issued.
  • Usually Bank issues Bank Guarantee for a maximum period of 12 months. However, in exceptional cases Bank Guarantee is issued for a period beyond 12 months depending upon the past records of the applicant.
  • a) Upto Rs. 5.00 crore – commission is realized @ 2.75% p.a. + Rs. 250.00 as handling charge.

    b) Portion above Rs. 5.00 crore commission is realized @ 2.50 % p.a. + Rs. 250.00 as handling charge (minimum guarantee Commission - Rs. 400.00).

    c) For Bank Guarantee with 100% cash margin commission is 25% of the applicable charge.
  • For Guarantee less than one year minimum commission for one year is taken.
  • If the Guarantee is tendered for cancellation before the date of expiry, an amount computed at half the original rate for the unexpired period (less than 3 months grace period) is refunded.
  • No commission is refundable if Guarantee is released after fulfillment of its conditions in a period shorter than that covered by guarantee.

We have Locker facility in below branches:

Sl.No. BRANCH DISTRICT
1 ATTABIRA BARGARH
2 BARGARH BARGARH
3 DANG BARGARH
4 BARPALI BARGARH
5 BINKA SONEPUR
6 PADMPUR BARGARH
7 SONEPUR SONEPUR
8 RAYAGADA RAYAGADA
9 PARALAKHEMUNDI GAJAPATI
10 RAYAGADA BAZAR RAYGADA
11 RAIKIA KANDHAMAL
12 BALIGUDA KANDHAMAL
13 BHANJANAGAR GANJAM
14 BALIPADAR GANJAM
15 SORADA GANJAM
16 KORAPUT KORAPUT
17 MUKHIGUDA KALAHANDI
18 DEOGARH DEOGARH
19 DHANUPALI SAMBALPUR
20 SAKHIPADA SAMBALPUR
21 BASANTI COLONY SUNDARGARH
22 KOEL NAGAR SUNDARGARH
23 SUNDARGARH SUNDARGARH
24 JHARSUGUDA JHARSUGUDA
25 BERHAMPUR GANJAM
26 ASKA GANJAM
27 CHHATRAPUR GANJAM
28 COURTPETA GANJAM
29 BIG BAZAR GANJAM
30 OLD TOWN GANJAM
31 GANDHINAGAR GANJAM
32 HARIDAKHANDI GANJAM
33 KABISURYANAGAR GANJAM
34 ANKULI GANJAM
35 KHADASINGI GANJAM
36 NEELAKANTNAGAR GANJAM
37 KANTABANJI BOLANGIR
38 TITILAGARH BOLANGIR
39 KHARIAR NUAPADA
40 PATNAGARH BOLANGIR
41 BOLANGIR BAZAR BOLANGIR
Sl.No. BRANCH DISTRICT
1 ATTABIRA BARGARH
2 BARGARH BARGARH
3 DANG BARGARH
4 BARPALI BARGARH
5 BINKA SONEPUR
6 PADMPUR BARGARH
7 SONEPUR SONEPUR
8 RAYAGADA RAYAGADA
9 PARALAKHEMUNDI GAJAPATI
10 RAYAGADA BAZAR RAYGADA
11 RAIKIA KANDHAMAL
12 BALIGUDA KANDHAMAL
13 BHANJANAGAR GANJAM
14 BALIPADAR GANJAM
15 SORADA GANJAM
16 KORAPUT KORAPUT
17 MUKHIGUDA KALAHANDI
18 DEOGARH DEOGARH
19 DHANUPALI SAMBALPUR
20 SAKHIPADA SAMBALPUR
21 BASANTI COLONY SUNDARGARH
22 KOEL NAGAR SUNDARGARH
23 SUNDARGARH SUNDARGARH
24 JHARSUGUDA JHARSUGUDA
25 BERHAMPUR GANJAM
26 ASKA GANJAM
27 CHHATRAPUR GANJAM
28 COURTPETA GANJAM
29 BIG BAZAR GANJAM
30 OLD TOWN GANJAM
31 GANDHINAGAR GANJAM
32 HARIDAKHANDI GANJAM
33 KABISURYANAGAR GANJAM
34 ANKULI GANJAM
35 KHADASINGI GANJAM
36 NEELAKANTNAGAR GANJAM
37 KANTABANJI BOLANGIR
38 TITILAGARH BOLANGIR
39 KHARIAR NUAPADA
40 PATNAGARH BOLANGIR
41 BOLANGIR BAZAR BOLANGIR

Rate of Interest - Loans ?

Rate of Interest - Deposits ?

Contact

06652 232285
chairman.ugb@gmail.com