English term or phrase: Earnest Money

Explanation:

Earnest money is given while you bid for a project, while Bayana or Peshagi is given when you are awarded a work. While EM is paid by the bidder to the owner, the Bayana or Peshagi is paid by the owner to the contractor.

Hindi Translation:

धरोहर राशि

अग्रिम धन

बयाना