An Information Utility Regulated by IBBI

ISO/IEC 27001:2013 CERTIFIED

Workshop on NeSL eBG Services

<Date>
 Flow of Presentation

Govt.
Pitfalls of How to avail
NeSL eBG Key Current Upcoming initiatives to
paper based eBG
workflow Features Status features promote
BG services?
eBG
 Prevalent Paper BG Process

Stamp Authority/ CRA

2 Paper Stamp
Certificate Time to issue BG
T + 2 to 3 days
1 BG initiation
Time to Verify BG
5
3 Paper BG
BG Issuing Bank
Verification from 1 to 2 days
Applicant /
Issuing Bank
Customer
Overall time
T + 3 to 5 day

4 Paper BG

Beneficiary
Pitfalls of paper based Bank Guarantee
For Applicant / Supplier
• Time consuming process
• Delay in completion of business transaction
• Opportunity Lost
• Physical document movement
• Collection of Original BG at the time of closure -
Release of funds
Pitfalls of paper based Bank Guarantee
For Issuing Bank
• Procurement of Stamp paper
• Preparing 2-3 sets of documents
• Storage and retrieval of physical documents
• Higher operational cost
• Impacted customer services
 Pitfalls of paper based Bank Guarantee
For Beneficiary / Buyer
• Potential of misuse and fraud
• BG verification process
• Maintenance of physical documents - issuance,
subsequent renewals etc
• Retrieval of original document for release of BG
• Significant delay in Invocation process
• No central repository
 NeSL eBG workflow

• Electronic Bank Guarantee (e-BG), initiated on CVC

recommendation, was launched in close
consultation with the Indian Banks' Association
(IBA).
• Substitute for paper-based bank guarantee which
can be e-stamped, e-signed, shared and retrieved
digitally.
• Will address many concerns such as better
monitoring with triggers for renewal, less risk of
forgery, faster procurement cycle and quicker
encashment of BG.
 NeSL eBG workflow

SHCIL/ GRAS
States
3
5b Digital Stamp
Notification
Certificate

2 DDE API Request

1 BG initiation

4 e-BG e-BG Repository

Applicant/ BG
Issuing Bank (eStamp and eSIGN)
Customer
Notification
+
e-BG Download

5a
• User can login in NeSL platform download eBG documents
• History of eBG will be maintained in the NeSL platform like
BG issuance, subsequent amendments, renewals, invocation
or closure etc. Beneficiary
 Key Features of eBG Through NeSL
✓ Completely Digital
• Not just electronic stamping, the BG document itself is digital with digital signature
• Digital signed - tamper proof
• Eliminates pitfalls of paper based process
• Flexibility in using any BG documentation template as practiced presently, no need to migrate
to standardized template across country
• Not only issuance, any amendment / invocation/closure also supported
• Quick issuance, savings for MSMEs – ease of doing business
✓ Notification to beneficiary / customer from NeSL
• eBG downloadable from NeSL by beneficiary
• Banks free to follow regulatory requirements of SFMS msg notification at its end
✓ NeSL as Central eBG repository
• Ease of verification
• Issuing bank can also store eBG issued
✓ Ease of stamp duty enforcement
 Current Status
✓Following Banks have launched eBG services
o HDFC Bank
o ICICI Bank
o Canara Bank
o State Bank of India
✓300+ eBGs are issued in favour of 125 unique Beneficiaries
✓8-10 Banks are in final stage of integration and will go live
very soon
✓Other Banks are in discussion; very soon will be onboarded
 Upcoming Features
✓Beneficiary access eBG details by
o downloading eBGs details in a excel file
o API integration with their ERP system
o Integration with GEM portal and State’s Procurement portal (No need to login in
NeSL platform to view eBG)
✓NeSL will provide advance search option on multiple criteria to do
search on eBGs
✓Alerts and notifications
o Change in status of eBG
o Advance Alert on expiry date
o Advance alert on claim expiry date
✓Beneficiary can raise request against the eBG for amendment,
invocation, closure etc and track the status of same
 Govt. initiatives to promote eBG
✓ Dept of Revenue: Amendment in General Financial Rules, 2017, Office Memorandum - dated 05 Aug 2022
✓ Department of Financial Services vide letter to IBA - dated 16.09.2022
✓ Ministry of Defence: Office memorandum - dated 20 Sep 2022
✓ Ministry of Agriculture: Office memorandum - dated 20 Sep 2022
✓ Ministry of Road and Transport Highways: dated 12 Aug 2022
 Govt. initiatives to promote eBG
✓ Government of Odisha, Finance Department: Issued
circular of OGFR, dated 30 Nov 2022.

✓ In “Make in Odisha” conclave held on 01 Dec 2022,

formal announcement of launching eBG using NeSL
platform was made.
 How to avail NESL e-BG services?
• Instructions to Applicant (Vendors/suppliers) by beneficiary
o Beneficiary should instruct its vendors/suppliers (e-BG applicants) that the
beneficiary is accepting electronic bank guarantee issued through NeSL.
o Share following details with Applicant and ask them to share with issuing Bank
Sr.No. Description Mandatory / Optional
1 Beneficiary PAN * Yes
2 Beneficiary NAME Yes * if entity does not possess PAN then UIN
3 Date of Incorporation Yes allotted by NeSL (entity to make formal
4 Beneficiary Email ID Yes
5 Contact number Yes
request) during registration should be
6 Legal Constitution of the party Yes specified
7 Registered office address Yes
8 Registered office address Pincode Yes
9 Communication address Yes
10 Communication address Pincode Yes
The following fields will be introduced in Phase 2
11 Business Unit Code Optional
12 Contract Reference Number Optional
13 Vendor Code Optional
14 Flexi field DateTime1 Optional
15 Flexi field DateTime2 Optional
16 Flexi field VarChar3 Optional
17 Flexi field VarChar4 Optional
18 Flexi field VarChar5 Optional
 Registration Process
Parties (Applicant / Beneficiary) are required to do one-time free online registration on
NeSL web-portal.
• Identify the User who will register your entity on NeSL
o User should have either digital signature (DSC) or his/her Aadhaar number should be linked with mobile
number, it is required for identification process.

• Arrange documentation
o You have to submit either Board Resolution or Authority letter stating that identified user is authorized to
register on NeSL platform and represent your entity
o Authority Letter should be duly signed by competent authority of your entity. You have provide Board
Resolution stating that competent authority is authorized by Board to delegate.

• Submit online registration request

o Visit NeSL website : https://nesl.co.in and go to registration page and follow the below steps
o Step 1: Identification of user (Digital Signature or Aadhaar OTP)
o Step 2: Entity details
o Step 3: additional details of user and documents upload
o Once request submitted, NeSL Operations team will process the request and you will receive the user
credentials over your email and SMS.
 User Management
• Multiple users
o Entity can create multiple user on NeSL platform for an entity
o For all users Authority letter/ Board Resolution is required
o Users should have digital signature (DSC) or his/her Aadhaar number should be linked with
mobile number
o Edit/Delete the user details
o Number of user : No restriction

• Notification
o At present, NeSL system send notification /alerts to all the registered users of the entity.
o Beneficiaries who will integrate their ERP system through API, with 2-3 user they can manage.
 Login

Enter credentials
and click on Login

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Menu Option
Navigate to DDE >
Electronic Bank
Guarantee

Restricted 18
 Landing Screen
Advance Search

Upfront last 10 eBGs

Paging to see more

eBGs

Restricted 19
Search

Debt sub-type Select status from the

is auto dropdown such as
populated Issuance, Amendment
etc Select creditor (Issuing
bank) from the drop
down list

Enter the eBG

reference number
Enter the date of
issuance. Maximum
selection is up to 31
days

Restricted 20
 List of eBGs

Click on the +
icon to view
the additional
details of eBG

Restricted 21
View Additional Details

Details of eBG

Restricted 22
 View Click on download
button to download
the latest document of
eBG

Click on the view

button to view
historical events of
the eBG and
downloading the
document

Restricted 23
View Historical Events

History of BG

Restricted 24
Download
Click on Download button
to download the eBG
document

Restricted 25
Sample eBG document

Restricted 26
Sample eBG document cont..

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Sample eBG document cont..

Restricted 28
eBG module - Upcoming services
 eBG details

Search

Sr No BG Number BG Amount Expiry Date Latest Status Latest Status Date Bank

1 eBG/MUM/001 Rs 10,00,000 10-Oct-2022 Partial Invocation 20-Sep-2022 11:39:05 ABC Bank

Issuing Bank ABC Bank Ltd Original BG amount Rs 1,00,00,000 Latest BG amount Rs 10,00,000
Beneficiary Roadways Limited Issuance Date 01-Apr-2022 16:06:58 Latest Status Partial Invocation
Applicant ABC Construction Company Expiry Date 10-Oct-2022 Status Date 20-Sep-2022 11:39:05
BU Code MUM-Thane-006 Claim Expiry Date 10-Dec-2022 No of Transaction 3
Beneficiary notified on <email id> (Delivered) eBG downloaded by beneficiary on 20-Sep-2022 12:15:05
20-Sep-2022 11:39:05

2 BG00000000012 Rs 5,00,00,000 19-Oct-2022 Amendment 18-Sep-2022 22:05:23 KYC Bank

3 XYZBank00006652 Rs 2,50,00,000 31-Dec-2022 Issuance 10-Sep-2022 16:06:58 XYZ Bank

4 eBG-HYD-009012 Rs 3,30,00,000 31-Mar-2023 Issuance 09-Sep-2022 09:11:25 FMS Bank

 Action page for Beneficiary
Action Status
BG Number eBG/MUM/001
Issuing Bank ABC Bank Ltd Original BG amount Rs 1,00,00,000 Latest BG amount Rs 10,00,000
Beneficiary Roadways Limited Issuance Date 01-Apr-2022 Latest Status Partial Invocation
Applicant ABC Construction Company BG Expiry Date 10-Oct-2022 Status Date 20-Sep-2022 11:39:05
BU Code MUM-Thane-006 Claim Expiry Date 10-Dec-2022 No of Transaction 3
Requester Name Roadways Limited (Beneficiary) Requester Address C36, Ajmera New Era Complex, Thane, MH-420001.
Request by Abhishek Ramanathan-5010 Request Date 22-09-2022(system date)
Authentication action Renewal Amendment Invocation Partial Invocation Closure Cancellation
/ Request Type*
Reasons/
Remarks*

Supporting File Path Browse Upload (upload up to 5 documents, total size of all documents should not be more than 10 MB)
Document(s)
Doc 1.pdf X Doc 2.pdf X

eSign Reset Cancel

 Request e-Signing
eSIGN Pop-up window

Aadhar based e- E-Token based e-

Sign Sign

Consent I hereby state that I have no objection in authenticating myself with Aadhaar based authentication system and consent to providing my Aadhaar number, Biometric and/or One Time Pin (OTP)
data for Aadhaar based authentication for the purposes of availing of the Aadhar based Digital Signature from National E-Governance Services Limited. I understand that the Biometrics and/or
OTP I provide for authentication shall be used only for authenticating my identity through the Aadhaar Authentication system, for obtaining my e-KYC through Aadhaar e-KYC service and for
Sr No BG Number
the issuance BG Amount
of Digital Signature Certificate Expiry
(DSC) for this specific Date and for no
transaction Latest
other Status LatestofStatus
purposes. For the creation Date that the options
DSC, I understand Bankthat I have chosen are the ones
that shall be populated in the DSC generated by the CA and I provide my consent for the same. I also understand that the following fields in the DSC generated by the CA are mandatory and I
give my consent for using the Aadhaar provided e-KYC information to populate the corresponding fields in the DSC
1 eBG/MUM/001
>> Common Name (name as obtained from Rs 10,00,000
e-KYC) 10-Oct-2022 Partial Invocation 20-Sep-2022 11:39:05 ABC Bank
>> Unique Identifier (hash of Aadhaar number
>> Pseudonym (unique code sent by UIDAI in e-KYC response)
2 >> State or Province (state as obtained
BG00000000012 from e-KYC)
Rs 5,00,00,000 19-Oct-2022 Amendment 18-Sep-2022 22:05:23 KYC Bank
>> Postal Code (postal code as obtained from e-KYC)
>> Telephone Number (hash of phone as obtained from e-KYC)
3 XYZBank00006652 Rs 2,50,00,000 31-Dec-2022 Issuance 10-Sep-2022 16:06:58 XYZ Bank
I understand that National E-Governance Services Limited shall ensure security and confidentiality of my personal identity data provided for the purpose of Aadhaar based
authentication..
4 eBG-HYD-009012 Rs 3,30,00,000 31-Mar-2023 Issuance 09-Sep-2022 09:11:25 FMS Bank

eSIGN and Submit

5 ACACAB000876 Rs 1,00,00,000 30-Sep-2022 Cancelled 01-Sep-2022 13:58:04 ACACA Bank
Sample Request PDF Template
 Request Status page for Beneficiary
Action on eBG by beneficiary

Action Status
BG Number eBG/MUM/001
Issuing Bank ABC Bank Ltd Original BG amount Rs 1,00,00,000 Latest BG amount Rs 10,00,000
Beneficiary Roadways Limited Issuance Date 01-Apr-2022 Latest Status Partial Invocation
Applicant ABC Construction Company Expiry Date 10-Oct-2022 Status Date 20-Sep-2022 11:39:05
BU Code MUM-Thane-006 No of documents 3

Sr NeSL Authentication Authentication Raised by Bank Banks Action Action Date Bank Remarks
No Transaction action / action / Request Acknowledgeme
Number Request Type date nt
1 Sr No
N00000768 BG Number
Amendment BG Amount
10-Apr-2022 Expiry Date
Abhishek -5010 Latest10-Apr-2022
Status Latest Status Date 20-May-2022
Rejected BankConditions are
10:05:05 (Beneficiary) 10:07:48 15:32:57 correct
2 1 eBG/MUM/001
N0000006657 Partial Invocation Rs 10,00,000
18-Sep-2022 10-Oct-2022 Partial Invocation
Ranatunga-1125 18-Sep-2022 20-Sep-2022 11:39:05
Accepted ABC Bank Amount paid by
20-Sep-2022
16:06:48 (Beneficiary) 16:07:06 11:39:05 RTGS
3 2 BG00000000012
N0077659899 Invocation Rs21-09-2022
5,00,00,000 19-Oct-2022 Amendment
Abhishek-5010 21-09-2022 18-Sep-2022 22:05:23
Pending KYC Bank Pending
Pending
18:46:32 (Beneficiary) 18:46:48
3 XYZBank00006652 Rs 2,50,00,000 31-Dec-2022 Issuance 10-Sep-2022 16:06:58 XYZ Bank

4 eBG-HYD-009012 Rs 3,30,00,000 31-Mar-2023 Issuance 09-Sep-2022 09:11:25 FMS Bank

5 ACACAB000876 Rs 1,00,00,000 30-Sep-2022 Cancelled 01-Sep-2022 13:58:04 ACACA Bank

An Information Utility Regulated by IBBI
ISO/IEC 27001:2013 CERTIFIED

Thank You!!
ebg@nesl.co.in | www.nesl.co.in

Registered Office
Gresham Assurance House, 4th Floor, Sir P M Road, Fort, Mumbai 400 001. Phone: 022-6260 6666

Administrative Office:
5th Floor, “The Estate” Building, 121, Dickenson Road, Bengaluru – 560 042 Phone: 080-2558 0360