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[Section 4]
[Entire Act]
Union of India - Subsection
Section 4(12) in The Merchant Shipping (Recruitment And Placement Of Seafarers) Rules, 2005
| Sl.No. | Number of jobs | Amount of bank guarantee in Indian Rupees |
| 1 | Upto 50 | 5.00 lakhs |
| 2 | 51 to 250 | 7.50 lakhs |
| 3 | 251 to 500 | 10.00 lakhs |
| 4 | 501 to 750 | 12.50 lakhs |
| 5 | 751 to 1000 | 15.00 lakhs |
| 6 | 1001 and above | 20.00 lakhs |