GeM · Government e-Marketplace · Central + State procurement

GeM surety bond — for every digital tender on the government portal.

The Government e-Marketplace (GeM) handles digital procurement for central PSUs, ministries and state government entities. Since the 2023 GTC update, insurance surety bonds are accepted across all GeM categories as EMD and performance security — uploaded digitally with your bid. No physical bond, no FD margin, no CC limit blocked.

Get a GeM bond quote → All obligees
Premium
0.50–1.20% p.a.
Coverage
All GeM categories
Quote SLA
4 working hours
— 01 — BOND TYPES

GeM bonds, by category.

GeM tenders use these security instruments. All can be issued as insurance surety bonds.

% of est. cost
2–5%

EMD (Bid Security)

Submitted digitally with the bid. Replaces cash EMD or BG. Tenure typically 6 months covering bid validity.

Read the bid bond guide →
% of contract
3–10%

Performance Guarantee

Post-award. Replaces cash PG or bank guarantee for the contract period.

Read the performance bond guide →
% of contract
5–10%

Mobilisation advance

For works contracts on GeM that allow mobilisation advance. Standard surety bond format applies.

Read the advance bond guide →
% of RA bills
5%

Security Deposit

For works contracts with running account billing. Releases cumulative SD deduction.

Read the SD bond guide →
— 02 — ACCEPTANCE

GeM-specific acceptance facts.

How insurance surety bonds work on the digital procurement portal.

All categories

Goods supply, services, works, transport, manpower, training, consultancy. Both Direct Purchase and Bid mode tenders.

Digital workflow

Bond PDF uploaded to GeM with bid. Buying organisation verifies on the portal. No physical paper submission needed.

Buying organisations

Central ministries, state government departments, PSUs, autonomous bodies. All buy via GeM and accept surety bonds.

Insurer panel

All 15 IRDAI-licensed surety insurers can issue GeM bonds. Rakshati routes your file across the panel so they compete on rate.

— 03 — FAQs

GeM surety bond questions.

Five common questions for sellers bidding on GeM.

Does GeM accept insurance surety bonds?
Yes. The Government e-Marketplace accepts insurance surety bonds in lieu of EMD and performance security across all categories. Acceptance was formalised through GeM's 2023 General Terms and Conditions update, aligned with the GFR 2023 amendment.
Which GeM categories accept surety bonds?
All categories including goods supply, services, works, transport, manpower and consultancy. Both Direct Purchase and Bid mode tenders accept insurance surety bonds where EMD or PG is required.
How is the GeM bond uploaded?
The insurance surety bond is digitally uploaded to the GeM portal as PDF along with the bid submission. The buying organisation verifies and accepts; no physical paper submission is required for most categories.
How much does a GeM surety bond cost?
Premium is typically 0.50% to 1.20% of bond face value per year. Smaller GeM bonds (under ₹50 lakh) often quoted at standard rates; larger bonds are scorecard-priced.
How fast can I get a GeM surety bond?
Indicative quote in 4 hours. Underwriting decision in 24 hours for standard cases. Digital bond document ready for GeM upload in 1–3 working days.

Your next GeM bond, uploaded with your bid.

Tell us the GeM tender — category, buying organisation, EMD/PG amount. Four working hours later you have an indicative rate band and a digital bond ready for portal upload.

Get a GeM bond quote → WhatsApp the desk