Tender18 highlights that EMD in tenders can be paid through different modes such as online transfer, bank guarantee, demand draft, or insurance surety bonds, depending on the tender conditions. Using an incorrect payment method can lead to rejection even if the EMD amount is correct. That’s why Tender18 advises bidders to strictly follow the payment instructions mentioned in the tende... https://tender18.com/blog-details/How-To-Calculate-EMD-in-Tenders