Compare & book Bank Guarantees and Surety Bonds — faster.
Contractors, exporters and businesses compare BG margin & commission across leading banks, or switch to an insurance surety bond — with faster issuance and none of the usual back-and-forth.
- 10+ banks & insurers
- Faster issuance TAT
- BG & surety side by side
- Docs done once
- RBI banks · IRDAI insurers
Stop chasing branch relationship managers one bank at a time.
We put your requirement in front of the right banks and insurers together, and negotiate on your behalf — one desk, every panel institution.
Why BharatBG
Compare in one place
See indicative BG commission rates, margin needs and surety bond premiums side by side before you commit.
Faster issuance
Pre-vetted documentation, digital submission and a dedicated case manager cut the usual back-and-forth.
Better commercial terms
Banks and insurers compete for your business — you’re positioned for sharper commission and premium rates.
Collateral-light options
Don’t want to lock a fixed deposit? We’ll show where a surety bond frees working capital instead of a cash-margin BG.
Documentation done right
Assemble financials, KYC and project documents once — accepted across every lender we approach.
One case manager
From quote to issued instrument, a single contact tracks your file across banks and insurers.
Compare Bank Guarantee & FD rates
Indicative BG commission and 1-year FD rates from banks on the BharatBG panel. Actual rates depend on credit profile, collateral, tenure and bank policy.
| Bank | BG commission (p.a.) | Margin | 1-yr FD rate | Typical TAT | |
|---|---|---|---|---|---|
 State Bank of India | 0.60% – 1.50% | 10% – 25% | 6.50% – 6.80% | 3–5 days | Compare |
 HDFC Bank | 0.75% – 1.75% | 15% – 25% | 6.60% – 7.00% | 2–4 days | Compare |
 ICICI Bank | 0.75% – 1.75% | 15% – 25% | 6.60% – 7.00% | 2–4 days | Compare |
 Axis Bank | 0.80% – 1.80% | 15% – 25% | 6.75% – 7.10% | 3–5 days | Compare |
 Bank of Baroda | 0.65% – 1.60% | 10% – 25% | 6.75% – 7.15% | 4–6 days | Compare |
 Punjab National Bank | 0.65% – 1.60% | 10% – 25% | 6.75% – 7.15% | 4–6 days | Compare |
 Kotak Mahindra Bank | 0.80% – 1.85% | 15% – 25% | 6.75% – 7.20% | 2–4 days | Compare |
 IDFC FIRST Bank | 0.85% – 1.90% | 15% – 30% | 7.00% – 7.50% | 2–3 days | Compare |
 Canara Bank | 0.60% – 1.55% | 10% – 25% | 6.70% – 7.10% | 4–6 days | Compare |
 Union Bank of India | 0.60% – 1.55% | 10% – 25% | 6.70% – 7.10% | 4–6 days | Compare |
Rates shown are indicative starting ranges for illustration only, last reviewed July 2026. Contact us for current, firm quotes from each bank.
How it works
- 01
Tell us your requirement
Instrument type, value, tenure and purpose — under two minutes on the form.
- 02
Compare matched offers
We shortlist banks and insurers that fit your profile and share comparable rates and terms.
- 03
Submit documents digitally
Upload KYC, financials and project documents once — no branch visits needed.
- 04
Get it issued — faster
Your case manager tracks the file with the bank or insurer until the instrument is issued.
Bank Guarantee or Surety Bond?
A bank BG usually needs cash margin and sits on your credit limits. A surety bond from an IRDAI-licensed insurer can free working capital and is increasingly accepted by government departments. We help you see which fits — priced side by side.
Ready to compare your options?
Tell us what you need once — we'll bring the offers to you.
Questions, answered
What is BharatBG?
India’s marketplace to compare and book Bank Guarantees and Surety Bonds across leading banks and IRDAI-licensed insurers — with faster issuance and transparent indicative pricing.
Is BharatBG a bank or NBFC?
No. We are an independent marketplace. Bank Guarantees are issued solely by partner banks; Surety Bonds by IRDAI-licensed insurers. We never hold your money.
How much does it cost to compare?
Nothing. There is no cost to request a callback or compare indicative offers. You pay only the issuing institution’s charges if you proceed.
Can a surety bond replace a Bank Guarantee?
For many government tenders and contracts, yes — insurance surety bonds are accepted as an alternative to a BG by a growing list of departments and PSUs. We’ll help confirm eligibility for your tender.