Schedule Bank definition

Schedule Bank means bank included in the second schedule to the Reserve Bank of India Act, 1934.

Schedule Bank means a bank included for the time being in the Second Schedule of the Reserve Bank of India Act, 1934 ;

Schedule Bank means a bank included in the second schedule to the Reserve Bank of India Act 1934, or modification there to.

Examples of Schedule Bank in a sentence

• A sum of Rs. ` is hereby forwardedas earnest money in form of Demand Draft of (Name of the issuing Schedule Bank) bearingno.

• The contractor shall submit performance guarantee of the anti-termite treatment item at the rate of 20% of cost of item of work order in the form of DD or in the form of BG of Schedule Bank / Nationalised Bank in favour of GETCO (A/c Agency) for a period of 5 years from actual date of completion of work on non-judicial stamp paper of appropriate value in approved format of GETCO.

• Performance Guarantee Format(To be executed by any Schedule Bank in India on Stamp paper of Rs 100/-) M/s.

• Bank Guarantee or an Indian Postal Order or a Crossed Demand Draft on Schedule Bank / Nationalized Bank drawn in favour of Director of Technical Education, Maharashtra State, Mumbai for the value of 3% of total value of stores offered subject to Max Rs. 5000/- as an Earnest Money Deposit MUST be attached .

• Nationalized Authorized Bank / Schedule Bank in the name of University Engineer, Works Division Dr. PDKV Akola from the date of issue/receipt of tender.

• Earnest or Security Deposit: Either cash or Bank Draft or crossed Pay Order of any Nationalised Schedule Bank only will be accepted as Earnest Money or Security Deposit for the performance of the contract.

• The contractor shall submit performance guarantee of the waterproofing item at the rate of 20% of cost of item of work order in the form of DD or in the form of BG of Schedule Bank / Nationalized Bank in favor of GETCO (A/c Agency) for a period of 5 years from actual date of completion of work on non-judicial stamp paper of appropriate value in approved format of GETCO.

• Bank or Schedule Bank having MICR and IFSC Code in the name of concern authority.

• The Tenderer shall, as a condition for consideration of the tender, furnish Earnest Money @ 2% on the Estimated Value (1% for S.C. & ST) by TDR/FDR in the prescribed format (from Nationalized / Schedule Bank) pledged in favour of “Commissioner, Guwahati Municipal Corporation, Guwahati for an amount specified in the Notice Inviting Tender.

• Bank Guarantee issued by a Scheduled Bank of India at the request of some other Non- Schedule Bank of India shall not be acceptable.

More Definitions of Schedule Bank

Schedule Bank means Banks specified in the RBI Act 1932

Schedule Bank means a bank included in the second schedule to the Reserve Bank of India Act 1934, or modification there to. IV.2. SUB-LETTING BY THE CONTRACTOR : a. The Contractor shall not sub-contract the whole of the works. Except where otherwise provided in the contract, the Contractor shall not subcontract any part of the works without the prior consent of the Engineer in writing. Any such consent shall not relieve the contract from any of his liability or obligation under the contract and he shall be responsible for the acts, defaults and neglects of any sub-contractor, his representative, servants or workmen as fully as if they were the acts, defaults or neglects of the contractor. b. Provided that the contractor shall not be required to obtain such consent for

Schedule Bank means the public sector bank of any other bank, being a bank included in the Second

Schedule Bank means a bank for the time being included in the Second Schedule to the Reserve Bank of India Act,19343[, and includes a nationalised bank];

Schedule Bank means a bank for the time being included in the list of banks maintained under sub-section (J) of section 37 of the State Bank of Pakistan Act, 1956;

Schedule Bank means a bank included in the second schedule to the Reserve Bank of India Act 1934, or modification there to. SPECIAL CONDITIONS OF CONTRACT SITE VISIT :The Contractor/s shall visit the site to acquaint himself / themselves with the site conditions and study the drawings and specifications in detail prior to tendering and no claims will be entertained on the ground of ignorance or otherwise of the conditions under which the work shall have to be executed. SITE SUPERVISION : The Contractor shall either himself supervise the execution of the contract or shall appoint competent and experienced Engineers on his own for supervision of the work. Where the Contractor is not a qualified Engineer or even if he is so qualified but in the opinion of the Accepting Authority, cannot give full attention to the works, the Contractor shall at his own expense employ adequate Engineers, as indicated in manpower deployment schedule, to supervise the work and to receive instructions from the Engineer-in-Charge. DAMAGE TO SERVICE LINE ETC. , OF THE COMPANY :Care shall be taken in execution of work so as not to damage service line etc., coming in the way of construction. If any damage is caused to the line, the cost of replacing or repairs shall be borne by the Contractor. The work schedule shall be submitted on the enclosed activity schedule along with the equipment & manpower mobilization schedule envisaged for timely completion of work within the stipulated time for completion of work.PROVISION OF MACHINES,TRANSPORT ETC. :Contractor shall provide himself with requisite number of welding sets, hoisting equipment, transport vehicles etc., required for the complete satisfactory execution of work. The Contractor shall furnish list of specific equipment’s to be mobilized by him, of acceptance of contract as agreed / directed by the Engineer-in-charge.MATERIALS SUPPLIED BY THE CONTRACTOR :