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    Appendix V

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    requestrksingh

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    © All Rights Reserved
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    Appendix V

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    requestrksingh
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    Appendix V

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    requestrksingh

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    पंजाब नैशनल बक

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

    Appendix-V

    LETTER OF REQUEST

    The Manager,

    Punjab National Bank,

    _______________,

    _______________,

    _______________.

    Dear Sir(s),

    We have already executed general counter indemnity dated ____________in your


    favour as security for your executing separate guarantees on our behalf in favour of
    named beneficiaries.

    We request you to issue a guarantee for Rs. _________on our behalf in favour of
    ________________as per draft approved by us. All the terms and conditions of the
    general counter indemnity shall apply to and cover your said guarantee. As already
    agreed with you in our general counter indemnity, we authorize the bank to pay the
    amount demanded to the beneficiary after receipt of demand in writing from him
    without reference to us and irrespective of any dispute between us and the said
    beneficiary. The payment as made shall be binding upon and recoverable from us.

    Yours faithfully,

    BORROWER

    Appendix-VI

    BG NO : __________________

    Date : __________________

    Page 76 of 123
    IRMD L&A Cir No. 73/2021 : Consolidated Circular - Bank Guarantees
    “Confidential - Strictly for internal circulation only”

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