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What is Bank Guarantee? Bank Guarantees Explained in Hindi - Prerna Chatterjee

A bank guarantee is a kind of assurance from a lending establishment. The bank guarantee implies a loaning establishment guarantees that the liabilities of an account holder will be met. As such, if the account holder neglects to settle an obligation, the bank will cover it. A bank empowers the customer, or debtor, to get goods, purchase hardware or draw down a loan.   To Learn Money every day, Subscribe to our YouTube Channel - http://bit.ly/2gjv2mu and hit the bell icon to receive regular notifications.

 
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