Basics

EMD explained — what it is, how much, and getting it back

Everything about Earnest Money Deposit in plain language.

4 min read · Free guide from Bidrove

EMD (Earnest Money Deposit) is a refundable deposit that shows you're a serious bidder.
It's usually 1–3% of the tender value, paid online via the portal.
You get it back if you don't win. It's only forfeited if you withdraw your bid or refuse the work after winning.
Refunds can take a few weeks after the tender is awarded.
MSME/Udyam-registered firms often get an EMD exemption — always check.

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