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Performance
Bond
On
behalf of the applicant, performance bond is issued to the beneficiary
to ensure that all- counterfactual obligations, usually in terms of performance
and services are met.
The validity of this bond is usually more than one year and it can be extended if the party requests for extension.
The validity of this bond is usually more than one year and it can be extended if the party requests for extension.
| ::Non-Fund Based Facilities | |
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Bank Guarantee |
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Bid Bond |
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Performance Bond |
| Copyright
© 2006, Nepal Development Bank Limited. |