Proposal & Documents
Client initiates the process by submitting their surety bond proposal, including all necessary documents.
OUR JOURNEY
Issued India's First Defence Performance Surety Bond
Process
Steps To Obtain A Surety Bond
Internal Due Diligence
Internal team conducts an initial review and due diligence on the submitted proposal and documents.
Submission to Insurer
Following internal approval, the comprehensive proposal package is formally submitted to the selected insurer(s) for their evaluation.
Insurer Due Diligence
The insurer conducts due diligence, assesses risk, and issues their decision/terms on the proposal.
Quotation Issuance
Upon approval, the insurer issues a quotation detailing premium, terms, and conditions for the surety bond.
Premium Payment
The client accepts the quotation, then proceeds to make the required premium payment to the insurer.
Surety Bond Issuance
After payment is processed, the insurer officially issues the surety bond to the beneficiary.
Key Players
The transactions always involves three parties: The Principal, The contractor, and the surety provider (Insurance Company).
Principal
The party who requests the bond and undertakes the primary obligation.
Surety Company
The insurance company that guarantees the principal’s obligation.
Obligee
The beneficiary that receives financial protection from the bond.
Our Offerings
Types Of Surety Bonds
Surety bonds broadly fall into two main categories: contract bonds and commercial bonds. We structure each bond to match the specific risk profile and requirements of your project.
Bid Bond
Ensures serious and committed participation in tenders. Demonstrates financial credibility to project owners. Protects the tendering authority against bid withdrawal. Supports competitive bidding without cash margin blocking.
Retention Bond
Replaces retention money and improves contractor cash flow. Protects the principal against defects, delays, or shortfall. Maintains project security without withholding payments. Strengthens liquidity while ensuring performance assurance.
Performance Bond
Guarantees completion of the contract as per agreed terms. Protects the project owner from contractor non-performance. Enhances trust and reliability during project execution. Helps contractors retain working capital instead of bank limits.
Warranty Bond
Guarantees fulfillment of post-construction warranty obligations. Covers defects during the warranty/defect liability period. Provides assurance of quality and compliance after handover. Protects the principal without tying up contractor capital.
Advance Payment Bond
Safeguards the upfront funds released to the contractor. Ensures the advance is used strictly for project execution. Guarantees repayment of the advance if obligations aren't met. Reduces financial risk for the project owner while aiding cash flow.
SRG Bond (Shipbuilding Refund Guarantee)
Secures the advance paid to shipbuilders for vessel construction. Ensures refund obligations are honored in case of default. Provides financial comfort to buyers during long-cycle projects. Supports smooth shipbuilding contract execution.
Eligibility
Minimum turnover of the company should be ₹50 crores.
Why Choose Us?
Our platform is the One-Stop Marketplace and Comprehensive Ecosystem you need, built on a foundation of Reliability & Transparency. We take a Customer-Centric Approach to provide you with Tailored Solutions, ensuring you always access Quality Services & Verified Suppliers.
Trusted By The Best
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Why Clients Rely On Us
Indushub is a professional organisation who delivers results with complete ownership. They are definitely best in the business where Surety Bonds are concerned. They have delivered surety bonds in a smooth and fast way. They are our go to person where Surety Bonds are concerned. We are happy with their services and highly recommend them
Sonai Infra
Infrastructure
Indushub is the clear choice for surety bonds. For our infrastructure projects, speed is paramount, and Indushub has delievered to meet our expectations. They make a complex process smooth, incredibly fast, and result-oriented. Highly recommend Indushub
Shri S. M. Autade
Pvt. Ltd.
Indushub is the game-changer for infrastructure company surety bonds. Their process is incredibly smooth, fast, and results-oriented, consistently delivering bonds in the fastest possible time. They truly understand the urgency of the sector and the product Surety Bond to the core.
Sopan
O&M pvt. ltd.
Indushub is the clear choice for surety bonds. Their focus on speed and results, especially for infrastructure companies, is unmatched. The entire process was smooth, fast, and we got our bond issued in record time. They truly deliver on their promise of being the fastest in the business.
GNI Infrastructure
Infrastructure
Indushub is a professional organisation who delivers results with complete ownership. They are definitely best in the business where Surety Bonds are concerned. They have delivered surety bonds in a smooth and fast way. They are our go to person where Surety Bonds are concerned. We are happy with their services and highly recommend them
Sonai Infra
Infrastructure
Indushub is the clear choice for surety bonds. For our infrastructure projects, speed is paramount, and Indushub has delievered to meet our expectations. They make a complex process smooth, incredibly fast, and result-oriented. Highly recommend Indushub
Shri S. M. Autade
Pvt. Ltd.
Indushub is the game-changer for infrastructure company surety bonds. Their process is incredibly smooth, fast, and results-oriented, consistently delivering bonds in the fastest possible time. They truly understand the urgency of the sector and the product Surety Bond to the core.
Sopan
O&M pvt. ltd.
Indushub is the clear choice for surety bonds. Their focus on speed and results, especially for infrastructure companies, is unmatched. The entire process was smooth, fast, and we got our bond issued in record time. They truly deliver on their promise of being the fastest in the business.
GNI Infrastructure
Infrastructure
Principal Growth Partner
CA Vaishali Jog
Indushub is the clear choice for surety bonds. Their focus on speed and results, especially for infrastructure companies, is unmatched. The entire process was smooth, fast, and we got our bond issued in record time. They truly deliver on their promise of being the fastest in the business.
GNI Infrastructure
Infrastructure
Indushub is the game-changer for infrastructure company surety bonds. Their process is incredibly smooth, fast, and results-oriented, consistently delivering bonds in the fastest possible time. They truly understand the urgency of the sector and the product Surety Bond to the core.
Sopan
O&M pvt. ltd.
Indushub is the clear choice for surety bonds. For our infrastructure projects, speed is paramount, and Indushub has delievered to meet our expectations. They make a complex process smooth, incredibly fast, and result-oriented. Highly recommend Indushub
Shri S. M. Autade
Pvt. Ltd.
Indushub is a professional organisation who delivers results with complete ownership. They are definitely best in the business where Surety Bonds are concerned. They have delivered surety bonds in a smooth and fast way. They are our go to person where Surety Bonds are concerned. We are happy with their services and highly recommend them
Sonai Infra
Infrastructure
Indushub is the clear choice for surety bonds. Their focus on speed and results, especially for infrastructure companies, is unmatched. The entire process was smooth, fast, and we got our bond issued in record time. They truly deliver on their promise of being the fastest in the business.
GNI Infrastructure
Infrastructure
Indushub is the game-changer for infrastructure company surety bonds. Their process is incredibly smooth, fast, and results-oriented, consistently delivering bonds in the fastest possible time. They truly understand the urgency of the sector and the product Surety Bond to the core.
Sopan
O&M pvt. ltd.
Indushub is the clear choice for surety bonds. For our infrastructure projects, speed is paramount, and Indushub has delievered to meet our expectations. They make a complex process smooth, incredibly fast, and result-oriented. Highly recommend Indushub
Shri S. M. Autade
Pvt. Ltd.
Indushub is a professional organisation who delivers results with complete ownership. They are definitely best in the business where Surety Bonds are concerned. They have delivered surety bonds in a smooth and fast way. They are our go to person where Surety Bonds are concerned. We are happy with their services and highly recommend them
Sonai Infra
Infrastructure
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