An indemnity bond is what an institution asks for when it is about to take a risk on your word — reissuing a lost certificate, paying a claim without the original document, or letting you off a formality it would normally insist on. It is a promise to compensate them if that trust turns out to be misplaced.
When you are usually asked for one
- Bank asking for an indemnity bond to reissue a lost fixed deposit receipt or demand draft
- LIC or another insurer processing a claim where the original policy document is missing
- A company reissuing lost or damaged share certificates
- An employer's bonded-service undertaking after sponsoring your training or education
- PF or gratuity claims where supporting paperwork is incomplete
What goes into it
The bond names who is indemnifying whom, describes exactly what is being indemnified against (a lost document, a claim, a risk), and is usually backed by your signature witnessed and notarised, sometimes with a surety. The wording matters — a bond that indemnifies too broadly can expose you more than the situation calls for, so we keep it specific to what the institution actually asked for.
Stamp duty
Indemnity bonds are chargeable instruments under the Indian Stamp Act. The duty is usually a modest fixed or nominal amount depending on the bond's value, and we confirm the exact figure once we know what it covers — bring the bank or institution's format if they have specified one, since many have their own required wording.
Nearest areas we cover
These are the areas closest to our counter. We serve all of south Bengaluru — see every area we cover.