Issued in 5–7 Days
Our digital-first process cuts issuance from weeks to days - 5–7 working days for first-time applicants, and 24–48 hours for repeat clients with pre-approved limits.
vs 2–4 weeks for a bank guarantee
Why Assurety
Built for contractors who want to grow
Speed, capital efficiency, and expert support - the reasons businesses are moving from bank guarantees to surety bonds across public and private contracts.
The Assurety advantage
Everything that makes us different
Unlock Working Capital
Surety bonds require little to no cash collateral for BBB-and-above rated entities. That capital stays deployed in your business instead of sitting idle at the bank.
e.g. ₹10 Cr freed on a ₹100 Cr contract
Credit-Based Underwriting
We underwrite based on your financial strength, project history, and management experience - not just collateral.
Beyond bank credit limits
Rated Insurer Partners
Every bond is underwritten by an IRDAI-licensed, rated general insurance company. Bonds may be accepted by government and private project owners, subject to the applicable tender or contract terms.
IRDAI-licensed, rated insurers
Dedicated Relationship Manager
A named surety specialist guides you through application, documentation, obligee queries, renewals, and amendments.
Single point of contact
Claims Protection
Unlike unconditional bank guarantees, surety bonds include an investigative claims process before payout.
Fair claims investigation
Head to head
Assurety vs bank guarantee
A direct comparison across what matters most to contractors.
| Metric | Assurety Surety Bond | Bank Guarantee |
|---|---|---|
| Issuance speed | 5–7 days (24–48 hrs repeat) | 2–4 weeks |
| Collateral required | Nil for BBB & above | Up to 100% cash margin |
| Bank credit line impact | None | Consumes credit limit |
| Pricing | 0.5–3% annual premium | Commission (~0.25–0.75%) + collateral drag - effective cost often 8–10% |
| Recovery on claim | Right of subrogation from principal | Adjusted against collateral |
| Tenure | Up to 7 years | Typically 1 year, renewed |
Issuance speed
Assurety Surety Bond
5–7 days (24–48 hrs repeat)
Bank Guarantee
2–4 weeks
Collateral required
Assurety Surety Bond
Nil for BBB & above
Bank Guarantee
Up to 100% cash margin
Bank credit line impact
Assurety Surety Bond
None
Bank Guarantee
Consumes credit limit
Pricing
Assurety Surety Bond
0.5–3% annual premium
Bank Guarantee
Commission (~0.25–0.75%) + collateral drag - effective cost often 8–10%
Recovery on claim
Assurety Surety Bond
Right of subrogation from principal
Bank Guarantee
Adjusted against collateral
Tenure
Assurety Surety Bond
Up to 7 years
Bank Guarantee
Typically 1 year, renewed
The capital math
Your capital, freed - not locked at the bank
Project guarantees run 5–10% of contract value, whether met by bank guarantee or surety bond - only where your capital sits changes.
₹10 Cr
Freed on a ₹100 Cr contract - same 10% guarantee, just not locked as cash margin.
8–10%
A bank guarantee's real annual cost once collateral drag is counted, vs 0.5–3% surety premium.
₹90K–1.6L Cr
Potential capital freed nationally if 15–20% of India's ₹6–8L Cr in infra guarantees shift to surety over 3 years - an estimate, not guaranteed.
Sector estimate based on National Infrastructure Pipeline data (Ministry of Finance), RBI credit-exposure figures, and standard EPC/PSU bank-guarantee norms.
How it works
From application to bond, in five steps
Apply
Share company financials, project details, and credit rating if you have one - unrated applicants are still eligible, assessed case by case.
Underwriting
The insurer reviews credit strength, project history, financials, and management experience - not just collateral. BBB and above qualify for nil collateral.
Bond issued
5–7 working days for first-time applicants; 24–48 hours for repeat clients with pre-approved limits, given complete documentation.
Submit to obligee
The bond is submitted to the public or private project owner as the security required under the tender or contract.
Renewals & claims
Your relationship manager handles renewals and amendments. If a claim arises, the insurer investigates before paying, with recourse via subrogation from you.
Experience the Assurety difference
Get a personalised surety bond quote and see the working capital you could free.
