Financial requirement for

• Purchase of new / old machinery /equipments
• Purchase of business premises
• Purchase of Furniture fixture for office/factory
• Bill / L.C Discounting
• Cash Credit

Repayment Period : Maximum 12 months for Cash Credit
Maximum 84 to 120 months for Term Loan

Margin : 15% to 30%

Primary Security :

a. Stock

b. Book Debts

c. Machinery / Equipments

d. Business Premises.

Collateral Security :

a. L.I.C

b. N.S.C

c. Kisan Vikas Patra

d. Fixed Deposit. Recurring Dep.

e. Residential Flat

f. Commercial Premises/Property

12%

As Per Credit Rating Policy Of Bank

• Duly filled Loan form
• Current Account Statement for verification
• Copies of Licence (Original for verification)
• Certified audited balance sheet for last 3 years
• Projected Balance sheet / Project Report
• List of Machinery with value
• Three Photograph of Borrower & Guarantors
• Income proof for last three years of Guarantors
• Ration card of borrower and Guarantors
• Aadhar card of borrower and Guarantors
• Electricity Bill of borrower and Guarantors
• Copies of taxes paid challans
• Copies of Sales Tax Registration certificate with latest tax paid challans.(GST paid challans)
• Copy of rent receipt / maintenance receipt / leave and license agreement
• Registered Partnership Deed & Partnerhip Registration Receipt ( If Partnership Firm)
• Memorandom / Articles of Association / Certificates of commencement ( For Ltd/ Pvt.Ltd company)
• Detailed information regarding sister concern with current year certified balance sheet.
• Statement of Annual turnover of accounts with other financial institutions.
• Valuation report from bank’s authorised valuer for business premises / machinery.
• Sale / Purchase / Service charges received / paid from the date of last balance sheet till last completed month.
• Latest stock statement, sundry debtors, creditors
• List of major clients, copy of orders in hand
• Original document of business premises (share certificate, Agreement of sale/ registration receipt/ NOC from society or builder)
• Company seal for Pvt Ltd. / Ltd. company
• Resolution regarding loan requirement and persons who are authorised to sign on behalf of the company.
• CIBIL Repot

• Share of 2.5% loan amount sanction for borrower & guarantors Rs. 2000/- each
• Service Charges 1%
• Franking – Minimum Rs.500/-
• Visit Charges – Rs.375/- to 11800/-
• Mortgage charges 0.30% of loan amount
• Mortgage charges Rs.1000/-

• No Pre-payment charges
• Daily reducing balance
• Repayment in addition to fixed instalment can be made without any charges