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Business, & agriculture finance

Canara Bank Guarantee

Non-fund-based guarantee facility for financial, performance and deferred-payment obligations, with margin, security, commission and period set under Canara Bank norms.

LimitNon-fund-based limit; the reviewed page does not publish a fixed minimum or maximum.PricingNot an interest-bearing loan; commission is charged under Canara Bank norms.Eligible customerBusinesses needing guarantees for earnest money, security deposits, bid bonds, advance payments, performance, retention money or deferred payments for supplier/manufacturer purchases.
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Quick eligibility check

Canara Bank Guarantee

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this product condition: Businesses needing guarantees for earnest money, security deposits, bid bonds, advance payments, performance, retention money or deferred payments for supplier/manufacturer purchases?

Published source: Eligible customer

2Do you meet this product condition: Underlying tender/contract/purchase obligation, KYC, beneficiary and guarantee wording, business financials and security/limit papers required by sanction?

Published source: Documents

3Do you meet this product condition: The official page describes the facility as a non-fund-based limit and states that margin, security, commission and guarantee period are as per Canara Bank norms?

4Do you meet this requirement: no universal numeric threshold is published?

5Document checkDo you have at least one of these required documents: Underlying contract, tender or purchase agreement?

Published source: Documents

6Document checkDo you have this required document or proof: KYC and business financials?

Published source: Documents

7Document checkDo you have this required document or proof: Beneficiary and guarantee wording?

Published source: Documents

8Document checkDo you have this required document or proof: Security and limit documents required by sanction?

Published source: Documents
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byCanara Bank

India; Canara branches

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible customerBusinesses needing guarantees for earnest money, security deposits, bid bonds, advance payments, performance, retention money or deferred payments for supplier/manufacturer purchases.View source
Complete purpose and guarantee-type text reviewed.
Source
Bank Guarantee
Page / section
Purpose and types of guarantees
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / thresholdNo numeric turnover, vintage or borrower threshold is published; the bank assesses the underlying obligation and limit request.View source
Full page reviewed; no threshold row shown.
Source
Bank Guarantee
Page / section
Complete page
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
LimitNon-fund-based limit; the reviewed page does not publish a fixed minimum or maximum.View source
Published non-fund-based classification reviewed.
Source
Bank Guarantee
Page / section
Type of credit
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
PricingNot an interest-bearing loan; commission is charged under Canara Bank norms.View source
Complete pricing statement reviewed.
Source
Bank Guarantee
Page / section
Margin, security, commission and period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Guarantee periodGuarantee period is as per Canara Bank norms; no universal numeric period is published.View source
Complete period statement reviewed.
Source
Bank Guarantee
Page / section
Margin, security, commission and period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Margin / securityMargin and security are as per Canara Bank norms; no universal percentage is published.View source
Complete margin and security statement reviewed.
Source
Bank Guarantee
Page / section
Margin, security, commission and period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
CommissionCommission is as per Canara Bank norms and may vary by guarantee type and sanctioned terms.View source
Complete commission statement reviewed.
Source
Bank Guarantee
Page / section
Margin, security, commission and period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsUnderlying tender/contract/purchase obligation, KYC, beneficiary and guarantee wording, business financials and security/limit papers required by sanction.View source
Document list reflects the underlying obligation and bank's published assessment requirements; no separate checklist is displayed.
Source
Bank Guarantee
Page / section
Purpose and guarantee types
Accessed
4 Sept 2026
Confidence
medium
Open official source ↗
AvailabilityIndia through Canara Bank branches and sanctioned non-fund-based limits.View source
Official Canara page reviewed.
Source
Bank Guarantee
Page / section
Complete page
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Earnest Money Deposit and bid-bond guarantees
  • Security-deposit, advance-payment, performance and retention-money guarantees
  • Deferred-payment guarantees for credit purchases of goods or machinery
  • Financial and performance guarantee structures

Eligibility

  • The official page describes the facility as a non-fund-based limit and states that margin, security, commission and guarantee period are as per Canara Bank norms; no universal numeric threshold is published.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Underlying contract, tender or purchase agreement
  • and business financials
  • Beneficiary and guarantee wording
  • Security and limit documents required by sanction

Related official documents

Bank Guaranteeofficial-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Financial guarantee · PurposeGuarantees repayment of a loan or debt

This value is copied from Canara Bank guarantee types — official page. Check the table notes before relying on it.

Source: Bank Guarantee · Types of Guarantees Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 3 rows · 3 columnsCanara Bank guarantee types — official pageView tableHide table

Scroll sideways to view every column

Canara Bank guarantee types — official page
TypePurposePublished terms
Financial guaranteeGuarantees repayment of a loan or debtMargin, security, commission and period as per bank norms
Performance guaranteeGuarantees monetary liability up to a specified amount if contractual performance failsAs per bank norms and contract
Deferred-payment guaranteeGuarantees deferred instalments for goods or machinery supplied on creditAs per bank norms and supplier terms
  • Complete guarantee-type text transcribed from the official page.
Bank Guarantee · Types of Guarantees · accessed 4 Sept 2026Open official source ↗

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