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PNB 777

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पंजाब नैशनल बक

एकीकृत जो खम बं धन भाग (ऋण नीित अनु भाग) धानकायालय,

Appendix-I

APPLICATION FOR ISSUING A LETTER OF GUARANTEE

The Manager,

Punjab National Bank,

______________________

Dear Sir,

Reg. : My/Our contract with ________________________________

for_____________________________________________________

Kindly issue a letter of guarantee in favour of ___________________________ ** on


my/our behalf, to the extent of ₹._____________for a period of _______________
from date__________ hereof, in fulfilment of my/our contractual obligation to the
aforesaid___________________________ **.

Name of Beneficiary’s bank, branch and city __________________________ _____


Bank Code______________, Bank branch code___________ IFSC Code-
____________.

In consideration of the above I/we hand over to you herewith my/our Fixed Deposit
Receipt No._______________ dated ___________ for ₹_____________ issued in
my/our ____________________ favour duly discharged being _____________%
margin for issuing guarantee in favour of
the__________________________________________ **/as security against the
said guarantee. In case of renewal of the receipt before expiry of the contract, the
renewed receipt shall continue to form security under this guarantee.

OR

Please debit my/our CA/Savings Account No._______________ with a sum of


₹_________________ being__________________% margin in the form of FDR for
issuing guarantee in favour of
the____________________________________________________________
________________________________________**/as security against the said
guarantee.

Page 66 of 123
IRMD L&A Cir No. 73/2021 : Consolidated Circular - Bank Guarantees
“Confidential - Strictly for internal circulation only”
पंजाब नैशनल बक
एकीकृत जो खम बं धन भाग (ऋण नीित अनु भाग) धानकायालय,

In the event of demand being made by the said_____________________________


**to pay the amount of the said guarantee in whole or part thereof you are authorized
to appropriate my/our aforesaid deposit towards such obligation, without reference to
me/us.

** Name of Beneficiary

Yours faithfully,

Signature

Name of Station _________________ Full Name ________________

Date ________________ Address _________________

Mobile _________________

PNB-777

Page 67 of 123
IRMD L&A Cir No. 73/2021 : Consolidated Circular - Bank Guarantees
“Confidential - Strictly for internal circulation only”

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