Submit the form and check your eligibility for Surety Bond
PAN from GeM records, masked for security.
Email from GeM records. Updates will be sent here.
Phone from GeM records, masked for security.
Hello, HYBRID FLEET MANAGEMENT PRIVATE LIMITED!
Indian Oil Corporation Limited is accepting Surety Bond as EMD for its GeM Bid GEM/2026/B/113694.
Ministry
Ministry of Petroleum and Natural Gas
Beneficiary
Rashmi Sharma
Bond Type
Bid Bond
Bond Value
Rs. 5,05,000
Bid Start Date
23-05-2026
Bid End Date
30-05-2026
What is Surety Bond?
Surety Bond is a type of EMD issued by Insurance Company and a capital efficient alternative to Bank Guarantees.
Insurance-backed Guarantee
Regulated and approved by IRDAI
Minimum Capital Lock-in
Unlike Bank Guarantees, your working capital stays free
Accepted across Tender Lifecycle
Bonds available for Bid, Advance Mobilisation, Performance & Retention
Trust & Compliance
About axiTrust. axiTrust Pvt. Ltd. is a technology and consulting services provider that helps businesses understand, adopt, and benefit from surety bonds. axiTrust provides the digital infrastructure and operational support that enables IRDAI-registered insurance companies to issue surety bonds efficiently. All bonds are issued, executed, and backed solely by participating IRDAI-registered insurers.