Bid Bond
Enables contractors to participate in tenders without blocking bank limits.

Our track record
About Us
We are pioneers in the surety bond market, having issued India’s first Defence Surety Bond and first Municipal Corporation Surety Bond. We enable contractors to participate in large-scale infrastructure and government projects without blocking valuable working capital. Surety bonds are a cost-effective alternative to traditional bank guarantees, unlocking liquidity and enabling contractors to bid for multiple projects simultaneously.
Products
Enables contractors to participate in tenders without blocking bank limits.
Guarantees contractual performance for awarded projects.
Covers defect liability obligations post project completion.
Secures advance payments released by project authorities.
Industries
Adding new industries and sectors everyday.
Process
Client initiates the process by submitting their surety bond proposal, including all necessary documents.
Internal team conducts an initial review and due diligence on the submitted proposal and documents.
Following internal approval, the comprehensive proposal package is formally submitted to the selected insurer(s) for their evaluation.
The insurer conducts due diligence, assesses risk, and issues their decision/terms on the proposal.
Upon approval, the insurer issues a quotation detailing premium, terms, and conditions for the surety bond.
The client accepts the quotation, then proceeds to make the required premium payment to the insurer.
After payment is processed, the insurer officially issues the surety bond to the beneficiary.
Benefits
Surety bonds replace costly bank guarantees so you can deploy capital where it generates higher returns.
Move guarantees off your banking lines and unlock additional headroom for working capital or expansion.
Lower collateral requirements and leaner balance sheets help improve leverage and financial ratios.
Diversify your sources of non-fund based limits while protecting key counterparties.
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Beneficiaries
Ensuring protection and compliance for all stakeholders involved in a contract.

Beneficiary Category
State road transport corporations, city bus services, metro rail, and rapid transit development authorities accepting surety bonds for fleet and infrastructure tenders.

Beneficiary Category
Central and state departments, ministries, and authorities requiring contractor performance guarantees, compliance, and project completion assurance.

Beneficiary Category
State and central PSUs executing strategic, capital-intensive infrastructure, industrial, and utility projects across India.

Beneficiary Category
Authorities overseeing highways, railways, ports, airports, metros, and urban utilities where surety bonds replace bank guarantees.

Beneficiary Category
Commercial, residential, and industrial project sponsors requiring performance, payment, and maintenance protection from contractors.

Beneficiary Category
Engineering, procurement, and construction leaders who leverage surety bonds to unlock liquidity and bid for major tenders.

Beneficiary Category
Corporates seeking non-fund based financial guarantees to optimize working capital for large vendor and procurement contracts.

Beneficiary Category
Upstream, midstream, and renewable energy companies utilizing surety bonds for exploration, logistics, and plant execution.
Quotation For Surety Bond
Send us your documents directly through WhatsApp for a faster and more convenient submission process.
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Submit via WhatsApp or email directly to pravin@indushub.in
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CA Vaishali Jog

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