The problem
Public works tenders demand a bid EMD on every submission and a performance bond on every award. Run 10 tenders at once with bank guarantees and you've frozen crores before a single brick is laid.
Construction
Win bigger contracts without blocking capital
Bid, perform and mobilise on government contracts - without tying up working capital in bank margins.
₹29,000 Cr+
Estimated value of surety bonds issued in India
100+
Central Government procuring entities governed by GFR
10–20%
Typical surety margin vs bank guarantee
5–7 days
First-time issuance
Your bond journey
One contract, four bonds - capital free across the lifecycle.
Every stage of a construction contract has a matching surety bond. Here's how they line up.
01 · Tender stage
Bid Bond
Replaces your EMD. Zero margin for BBB+ rated contractors - bid on multiple tenders at once.
View bond 02 · Contract awardedPerformance Bond
Guarantees delivery. 10–20% margin vs 50–100% for a bank guarantee.
View bond 03 · MobilisationAdvance Payment Bond
Secures the owner's advance without depositing matching cash collateral.
View bond 04 · Post-completionRetention Money Bond
Releases retention withheld from running bills while preserving cover through the defect-liability period.
View bondHow we help
Why contractors choose Assurety
The fix
Assurety underwrites your project history and balance sheet, not your cash - so you can bid on every tender worth chasing and still have capital for labour, materials and mobilisation.
Multi-contract support
Run bonds across active contracts - not capped by bank lines.
Dedicated specialist
A construction-focused specialist on every application.
Claims protection
An investigative process guards against unjust forfeiture.
The comparison
Bank guarantee vs. surety bond.
| Metric | Surety Bond | Bank Guarantee |
|---|---|---|
| Margin / collateral | 10–20% (nil for BBB+) | 50–100% cash |
| Issuance time | 5–7 days (24–48 hrs repeat) | 2–4 weeks |
| Bond capacity | Beyond bank credit limit | Capped by credit line |
| Claim handling | Investigative - protects you | Unconditional, on-demand |
Margin / collateral
Surety Bond
10–20% (nil for BBB+)
Bank Guarantee
50–100% cash
Issuance time
Surety Bond
5–7 days (24–48 hrs repeat)
Bank Guarantee
2–4 weeks
Bond capacity
Surety Bond
Beyond bank credit limit
Bank Guarantee
Capped by credit line
Claim handling
Surety Bond
Investigative - protects you
Bank Guarantee
Unconditional, on-demand
Accepted by
Government and private project owners, including
CPWDNHAIState PWDsIndian RailwaysPrivate project owners
Ready to scale your construction business?
Share your project details and we'll have an indicative quote ready promptly.
