Sample / Example for Working Capital Loan requirement with filled Application Form in Word doc Format (LC limit, CC limit, BG limit etc)
The Branch Manager Sr No ____________
OWNERSHIP AND MANAGEMENT : (Details Directors)
Details of Experience & Quality of Management :
Whether the name(s) of Borrower / Director(s) / Partner(s) /
Whether the name(s) of Borrower / Director(s) / Partner(s) /
Proprietor appear(s) in the Specific Approval List / Caution List of ECGC. Ltd : Nil
(i) Line of manufacture / Nature of business activity : Heavy Vehicles
: (Give details of major items manufactured /commodities traded)
Value of Connections & Ancillary Services Required from Bank : (Please give details of deposits, other ancillary business i.e. remittance, D-Mat Services, Merchant Banking Business, Any Where Banking, and any other services / facilities required from the Bank )
DEFAULT / OVERDUES / LITIGATION / CONTINGENT LIABILITY / DECREE / CLAIM :
(Pl give brief history estimated liability, present status of each item pertaining to firm, company, owners and guarantor)
Declaration : I/ We certify that all information furnished herein above in the application and in annexures/ documents enclosed, is true & correct to our knowledge and conform to the respective records. We have no borrowing arrangements except that already declared in the application form. No legal action has been initiated by any bank(s), Financial Institution (other than those stated in the application form) against me/ us. PF/ESI/IT/Other Statutory Liabilities are not overdue. I / we undertake to submit all other information that may be required by the Bank in this connection. This information may be exchanged /disclosed to Reserve Bank of India, Credit Information Bureau of India Limited (CIBIL) or any other agency /statutory body as may be required by the Bank in course of business.
The Bank at any time may inspect & verify securities, books of accounts, records or authorize any person, appoint auditor/ agency / valuer for the purpose at our cost. We / I have understood the Bank’s rules related to payment/refund of processing charges (as per schedule of charges of Bank). I / We are making this application with due authorization / approval of competent authority / Board of Directors. A copy of relevant document / resolution authorizing to make this application is enclosed.
Applicant / Authorized Signatory
LIABILITIES
ASSETS
TOTAL
ANNEXURE-III
DETAILS OF EXPANSION PROGRAM & REQIREMENT OF TERM LOAN / DPG:
Date_____________
The Branch Manager Sr No ____________
The United Bank of India/ State Bank of India/Axis Bank,/UTI etc
(Sr. no. to be entered by branch while giving acknowledgement)
We request to The United Bank of India/SBI/Axis Bank/UTI etc for sanction of following credit facilities in the name of ABC Corporation Ltd.
CREDIT FACILITIES REQUESTED:
(Rs in Lacs)
| | Nature of facility | Existing (if any) | Present Request | O/s / Remarks |
| 1 | FUNDED LIMITSCash Credit /Overdraft Term Loan Domestic Bills Export Limits | | 10000 | |
| 2 | NON FUNDED LIMITSLetter of Credit Letter of Guarantee Forward Contract | | 10000 | |
| 3 | Total (1+2) | | | |
GENERAL PROFILE :
Name of the applicant : ABC Corporation Ltd.
Constitution : A Company registered under the Companies Act, 1956
Date of Incorporation : 01.10.2005
Dealings with the Bank since : 2005
Nature of business : Manufacturing
Principle Product dealt in : Heavy Vehicles
Date of Commencement of Business : 01.12.2005
Commercial Production :
Last Reconstituted on :
Location Of : (Should include address, City / Town, District, State/Union Territory, Pin Code, Country, Telephone Numbers, Area Code (STD Code), Email ID etc.)
a) Registered Office : 124 Kopoli Mumbai -458769
Tel. 0259-12457896 / 12457856
E-mail ID : admin@abccorp.com
b) Factory / Plant : Same as above
c) Principal Place of Business : 158 Nariman Point , 19th Floor, Mumbai-876545
Whether the Factory is located in Identified
backward area and is eligible for certain
benefits ? If so, full details be given. :
Group to which the Borrower belongs : Future Group of Companies
No. of persons employed : Skilled/Technical Unskilled Admn. Staff
Brief details of Expansion / Modernization :
(Detailed project report to be submitted separately)
i) If already undertaken, details thereof with
dates of Commencement and Completion
Cost of Project & Sources of Finance :
ii) If proposed, details with expected dates of
Commencement and Completion, estimated
Cost and funding pattern :
Registration / Code / Certification Numbers :
(Pl mention respective numbers allotted to company / firm along with copies of relative documents)
| Registration Number ( in case of company) | |
| Industry code | |
| Import - Export Code (IEC) | 012345678 |
| Small Scale Industry (SSI) Reg. No. | |
| Permanent Account Number (PAN) | ABCDER254CA |
| ISO /ISI Certification | ISO 1806, 2025,2659 and 2012 |
| Sales Tax Registration | MNC-I-2569 dtd.01.11.05 |
| NSE/BSE Registration / Code | NSC Code : ABCCORP / BSC Code : 125698 |
| Others | - |
OWNERSHIP AND MANAGEMENT : (Details Directors)
| Name & Qualification @ | Relationship* | Residential Address | Tel No With STD Code | PAN. No. | Date of Birth | Net worth as on 4 | Net worth (W/T asst.) as on # _______ | Income as per Asst. Order/ Return | % Share holding |
| Mr A Bhawani | Independent | 124 abc Mumbai -458765 | | ABNHC45CS | 25.05.1966 | | | | |
| Mr Amit Agarwal CFA | Independent | 2568 zxt Mumbai -458545 | | ABHC254CD | 28.12.1960 | | | | |
| | | | | | | | | | |
| Mr Abitabh Bachchan C.A | Promoter | 125 Bandra Mumbai-546558 | | ABHC25SD | 15.08.1953 | | | | |
| Mr KC Somaya MBA | Executive | 265 Navi Mumbai -574648 | | ABCD12DS | 25.02.1959 | | | | |
@ Please mention educational qualification.
* Relationship of other partner(s)/director(s) to the main partner/director
# Please submit documents (Personal B/s, IT Retn., WT Retn,. Stt of Wealth) to support worth & Income.
Name of the Chief Executive / Key Person/s looking after business :
(Pl give contact phone number & address and submit a write up (in a separate sheet) detailing the educational qualification, technical qualification, work/business experience of the key managerial persons and promoter directors.
Details of Experience & Quality of Management :
Whether the name(s) of Borrower / Director(s) / Partner(s) /
Proprietor appear(s) in the Default List of RBI / CIBIL. :
(If yes, give details of default & justification for proposed limit despite default)
Whether the name(s) of Borrower / Director(s) / Partner(s) /
Proprietor appear(s) in the Specific Approval List / Caution List of ECGC. Ltd : Nil
(If yes, give details & justification for request of proposed limit).
INTEREST OF ANY OF THE DIRECTORS OF OUR BANK/ OTHER ……. : Nil
BANKS AND EXECUTIVES IN SCALE V AND ABOVE OF OUR BANK
RELATION WITH ANY STAFF MEMBER & INTERES IN THE PROPOSAL : Nil
(Indicate name, scale, designation, present posting, relation and nature of interest)
Capital Structure :
(Rs. in Lacs)
Equity Pref. Redeemable Pref.
(With schedule of redemption)
Authorized Capital 1000000000 of Rs.10/- each 100000.00
Issued & Subscribed Capital
Paid-up Capital (as on 31.03.12) 5000000000 of Rs.10/- each 50000.00
Calls-in arrear
Whether a Listed Company : . Yes
Name(s) of Stock Exchange(s) where Shares are listed :….1) National Stock Exchange of India Ltd.
2) The Stock Exchange Bombay
If Listed, Face Value of Shares : Rs.10/- each
Market Quotation (latest) : Rs.625.05 (as on 30.09.12)
High and Low (During lat 52 weeks) : High : Rs. 840.60 Low : Rs.580.80
| Sister / Associate / Group Concerns & Subsidiary | ||||
| Other Major Groups | ||||
| Financial Institutions | ||||
TOP SHAREHOLDING: Pl give details of top 10 shareholders. (List of major share holding of 2% or more duly certified by Company Secretary / Directors to be given separately. Position to be given as on date of application)
| Name of Share holder | Number of shares held | Paid up Value (Rs in Lacs) | Percentage to the total equity |
| Future Group | 100000000 | 10000 | 20.00% |
| XYZ Ltd | - | - | - |
| EFG Ltd | - | - | - |
| WXY Ltd | - | - | - |
| OPQ Ltd | - | - | - |
BUSINESS PROFILE :
(i) Line of manufacture / Nature of business activity : Heavy Vehicles
: (Give details of major items manufactured /commodities traded)
(ii) Installed Capacity (Product Wise) : 80000 Unit
(iii) Capacity Utilization Actual Estimated Projected
(Product-wise) 31.03.11. 31.03.12 (Current Year) (Next Year)
% (Percentage) 75000 78000
(Units Produced)
(iv) Collaboration, if any (Financial / Technical) : Nil
(v) Manufacturing Process / Production Cycle : (Give brief details of production cycle and work flow process )
Whether existing Plant & Machinery are adequate to achieve estimated / : No
projected levels of production .If no, brief details of additional requirement
of major items of Plant & Machinery be given
If expansion/modernization is planned, major items of plant and :
Machine
Marketing Arrangement / Tie up :
Details of Major buyers, suppliers & selling arrangement, market conditions business out look to be given:
| Major Buyers (Top 5) | Major Suppliers (Top 5) | ||||
| Name | Annual Sales ( Rs in Lacs) | % to total | Name | Annual Purchases ( Rs in Lacs) | % to total |
| | | | | | |
| | | | | | |
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INDUSTRY SCENARIO: (Brief details in respect of industry position and out look to be narrated. In case of application for Rs. 500 Lacs & over name of 5 major competitors their sales / capacity / market share be enclosed)
Authorization for Borrowing Powers : (Pl. give details of authorization for the borrowing powers in reference to the memorandum & articles of association and enclose relevant board / AGM resolution).
Position regarding Statutory Dues :
(Details of contingent and disputed liabilities as per notes in the audited Balance Sheet, be given as note)
DETAILS OF EXISTING CREDIT FACILITIES FROM OTHER BANKS / CONSORTIUM:
(Details of all credit limits, funded and non funded to be given. Enclose certificate of No overdue & Asset Class)
( Rs in Lacs)
| Name of the Bank / Financial Institution & Branch | Nature of facility | Limit | Present o/s Date 31.03.08 | Asset Class As On 31-03-08 | Interest Rate |
| | | | | | |
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GROUP WORKING PROFILE : ( Consolidated Details of last two years working of all associated firm / companies to be given here, details of individual firms to be give in a separate format)
( Rs in Lacs)
| | (Audited) Year 2011 | (Audited) Year 2012 |
| Gross Sales (Turnover of the group) | | |
| PBIDT (profit before interest, depreciation & tax) | | |
| Profit Before Tax | As per Annexure | |
| Profit After Tax | | |
| Capital | | |
| Tangible Net worth | | |
LIMITS ENJOYED BY SISTER / ASSOCIATE CONCERNS:
(Pl give details of all facilities including Short Term Loan / Working Capital / Term Loan etc.)
(Rs in Lacs)
| Name of party | Nature of facility | Limits | Asset Class On…………. | A/c last reviewed on….. | O/s on……. | Overdues/ Amount in default | |
| Our Bank | Other bank (Name) | ||||||
| | | | | | | | |
| | | As per Annexure | | | | | |
| | | | | | | | |
Balance Sheet and key financial indicators to be enclosed as per Annexure. Irrespective of whether it enjoys limit with our / other Bank or FIs. Last two years’ Audited Balance Sheet of each associate concerns be enclosed.
FINANCIAL & WORKING PROFILE OF APPLICANT : (Key Financial Indicators)
(Rs in Lacs)
| | Year ended / ending March | |||
| | Audited (31.03.11) | Audited (31.03.12) | Estimated | Projected |
Gross Sales (excluding job work) | | | | |
| Export Sales (within gross sales) Sales projected at the time of last review % Change over previous year | | | | |
| Job work income | | | | |
| Gross Profit/(Loss) | | | | |
| GP % to net sales | | | | |
| Other income (Non-operating) | | | | |
| Profit before tax | | | | |
| Provision for tax | | | | |
| Net Profit (PAT) | | | | |
| % of NP to sales | | | | |
| | | | | |
| Cash Accruals | | | | |
| Capital / Paid up Equity | | | | |
| Intangible Assets | | | | |
| Tangible Net Worth | | | | |
| | | | | |
| | | | | |
| | | | | |
| Net Sales/Current Assets | | | | |
| Inventory Turnover Ratio | | | | |
| PBDIT/Net sales Ratio | | | | |
WORKING RESULTS OF CURRENT YEAR: (Year Up to…)
| | Target (for the year) | Actual (31.03.2012) | |
| | | Quantity | Value ( Rs in Lacs) |
| Production | | | |
| Purchases | | | |
| Sales : a. Export b. Domestic | | - | - |
| Profit | | | |
SECURITY OFFERED: - (I) PRIMARY SECURITY
(Give details of prime security for which finance is sought and nature of charge)
(ii)Collateral Security: A. Equitable Mortgage of properties:
(Enclose Advocate opinion, NEC, Search Report, Valuation & copy of title deeds of property )
| S. no. | Description of property (plot area & constructed area) | Name of owner | Location & address | Whether let out or self occupied | Valuation as per report dated |
| | | | | | |
B) Charge over Fixed Assets i.e. Land & Building, Plant & Machinery and other fixed assets :
Amount (Rs. in Lacs)
(as per audited B/S as on 31.03.12 ) Building -
Plant & Machinery -
Others -
TOTAL -
ii) Less o/s liability on a/c of 1st charge holder
against above assets inclusive of interest as on________ ....…………
iii) Net Value of assets available for 1st / 2nd charge holder (i - ii)
C) Other Securities, If any: (pl specify & give details)
D) Personal / Corporate Guarantee :
(Rs. in Lacs)
| Name of the Guarantor(s) | PAN No | Date of Birth | Worth as on …… as per B/S, Stt., Wealth tax return | Relation-ship with Prop. / Partner / | Major items taken for computation of Worth | ||||
| | | Immovable Properties | Cash/ Bank Bal. | Investment in Shares/ Debentures Quoted Unquoted/ In associate Cos./firms | Liabilities | ||||
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Value of Connections & Ancillary Services Required from Bank : (Please give details of deposits, other ancillary business i.e. remittance, D-Mat Services, Merchant Banking Business, Any Where Banking, and any other services / facilities required from the Bank )
DEFAULT / OVERDUES / LITIGATION / CONTINGENT LIABILITY / DECREE / CLAIM :
(Pl give brief history estimated liability, present status of each item pertaining to firm, company, owners and guarantor)
Name (Liability of) | Claim / Liability to | Brief Details of dispute / court case | Estimated Liability | Status |
| | | | | |
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| | | | | |
| | | | | |
Declaration : I/ We certify that all information furnished herein above in the application and in annexures/ documents enclosed, is true & correct to our knowledge and conform to the respective records. We have no borrowing arrangements except that already declared in the application form. No legal action has been initiated by any bank(s), Financial Institution (other than those stated in the application form) against me/ us. PF/ESI/IT/Other Statutory Liabilities are not overdue. I / we undertake to submit all other information that may be required by the Bank in this connection. This information may be exchanged /disclosed to Reserve Bank of India, Credit Information Bureau of India Limited (CIBIL) or any other agency /statutory body as may be required by the Bank in course of business.
The Bank at any time may inspect & verify securities, books of accounts, records or authorize any person, appoint auditor/ agency / valuer for the purpose at our cost. We / I have understood the Bank’s rules related to payment/refund of processing charges (as per schedule of charges of Bank). I / We are making this application with due authorization / approval of competent authority / Board of Directors. A copy of relevant document / resolution authorizing to make this application is enclosed.
Place :
Date : Signature (with stamp)
Applicant / Authorized Signatory
Profile of Group / Associate concern of : Annexure – I
(Separate sheet for each associate concern)
M/s ……………………………………………………………………..
NAME OF GROUP/SISTER CONCERN :
NAMES OF PROPRIETOR / PARTNERS / DIRECTORS :
LINE OF ACTIVITY :
NAME (S) OF BANKER(S) & Branch :
TYPE OF BANKING ARRANGEMENT : Sole Banking / Consortium / Multiple Banking / syndication
CREDIT LIMITS : (Rs. in Lacs)
FUNDED NON-FUNDED
a. Working Capital c. Letter of Credit
b. Term Loan d. Letter of Guarantee
In case the limits are from BOR : Date of last review …………….by………..
Conduct of Account ……………………… Asset classification……………..as on…….
Year ended / ending March
AUDITED AUDITED
LIABILITIES
TANGIBLE NET WORTH
TERM LIABILITIES
CURRENT LIABILITIES
TOTAL
ASSETS
CURRENT ASSETS
FIXED ASSETS
INTANGIBLE ASSETS
NON-CURRENT ASSETS
TOTAL
NOTE : All items of Balance Sheet should be covered hereinabove.
Net Sales
Gross Profit(Loss)
Profit before Tax
Net Profit (PAT)
Cash Accruals
Tangible Net Worth
TOL/TNW
Net Working Capital
Current Ratio
Inter-firm investments
Irregularity in account(s) / Overdues to banks / FIs (if any)
Annexure-II
From:
Cash-Credit A/c No. At B/o.
Address & Phone no
Statement of Receivables ( Book-Debts ) As on ________
(Rs in lac)
| | | Debtors of upto 90 days | 91 days to 120 days | 121 days to 180 days | More than 180 days. | Total |
| 1. | Total outstanding Trade Debtors | - | - | - | - | - |
| | Out of Which: | | | | - | - |
| 1.1 | Debtors o/s from Sister / Associate Concern | | | | - | - |
| 1.2 | Debtors under dispute / litigation ( if any) | | | | | |
| 1.3 | Bills Drawn on Debtors Discounted from Bank / Under LC | | | | | |
| 1.4 | Debtors ( In respect of Loan & Advances) | | | | | |
| 2. | Trade Creditors | | | | | - |
| | Out of which: | | | | | |
| 2.1 | Trade Creditors o/s under LC & BG | | | | | - |
| 2.2 | Other trade creditors | | | | | - |
| 2.3 | Advance payment received from customers. | | | | | |
Invoice wise details of trade debtors outstanding beyond 180 days is enclosed in annexure – 12A
(Signature of Authorized Person with Seal) Date………………..
ANNEXURE-III
DETAILS OF EXPANSION PROGRAM & REQIREMENT OF TERM LOAN / DPG:
THE PROJECT : (Pl give gist of project specifying product, capacity, location etc. )
(B) TERM LOAN FOR BALANCING PLANT & MACHINERY, EQUIPMENTS, VEHICLES AND OTHER FIXED ASSETS (To be used when assets proposed to be purchased does not form part of project and assets will not add to the existing production capacity)
| S. No. | Details of Asset | Use / Purpose | Cost (Rs Lacs) | Make | Supplier * |
| 1. | | | | | |
| 2. | | | | | |
| 3. | | | | | |
| 4. | | | | | |
| 5. | | | | | |
| 6. | | | | |
*Please enclose Performa invoice.
(2) COST OF PROJECT:
(Rs. in Lacs)
| Cost Component | Total Cost Projected | Cost incurred up to……. | Cost yet to be incurred | Identified Over runs (if any) |
| Land & Site Development | | | | |
| Building | | | | |
| Plant & Machinery | | | | |
| Misc. Fixed Assets | | | | |
| Prel. & Preopt . Exp. | | | | |
| Others (Pl. specify)Adv Ag. Maschinery Security | | | | |
| Capital Cost of Project (A) | | | | |
| Margin for working capital (B) | | | | |
| Total Cost of Project (A+B) | | | | |
(3) SOURCES OF FINANCE:
(Rs. in Lacs)
| | Total Projected | Actual Raised Up to…….. | Remaining Contribution | Shortfall / Excess |
| Promoter’s Equity/Capital | | | | |
| Public Issue | | | | |
| Internal Accruals | | | | |
| Central/State Subsidy | | | | |
| Term Loans from: | | | | |
| Financial Institutions | | | | |
| Banks | | | | |
| Others | | | | |
| Public Deposits | | | | |
| Unsecured loans | | | | |
| Any other (Pl. specify) | | | | |
| TOTAL | | | | |
(4) DESCRIPTION OF COST COMPONENTS, SOURCES OF FINANCE AND LATEST STATUS THEREOF :
4(a) Land & Building: (whether land is already available / purchased or yet to be acquired. Give arrangements for land required along with documentary evidence )
(b) Plant & Machinery: (Please enclose Performa invoices)
(c) Manufacturing process : (Give mfg. Cycle / work flow process )
(d) Raw Material : (Give comments about availability, sources, main suppliers)
(e) Labour : ( Give comments about availability of skilled / unskilled labour force and technical persons required)
(f) Power & Water : (Details of sanction, availability vis a vis requirements be given)
(g) Marketing Arrangement : (Indicate set up, demand / supply buyers, marketability)
(5). Status of Tie-up / Sanction of loan : (Give details of sanction / tie up with other banks / FIs)
(6). Position regarding Govt. Approvals / Sanctions / Statutory Clearances :
Sanction of Water
Clearance of pollution control Board
Any other (to be specified )
(7). Availability of Concessions (if any):
(8). Availability of Refinance :
(9). Technical Feasibility & Economic Viability: (For projects of Rs. 50 lac and above Technical Feasibility & Economic Viability Report from approved agency / technical consultant be obtained & submitted)
(10). Implementation schedule: (Please give comments about time schedule of various items of implementation and physical progress of the project )
(11). PROFITABILITY PROJECTIONS :
(Pl. enclose detailed profitability projection covering entire life span of term loan, cash flow break even analysis and DSCR Statement . Brief particulars be given hereunder).
| | Year (Rs. in Lacs) | ||||||
| YEAR à | I | II | III | IV | V | VI | Total |
| Capacity Utilisation in % | | | | | | | |
| (a) Sales /Turnover | | | | | | | |
| (b) Cost of Sales | | | | | | | |
| (c) Profit bef.Tax (a-b) | | | | | | | |
| (d) Provision for Tax | | | | | | | |
| (e) Net Profit (c-d) | | | | | | | |
| (f) Add depreciation & non cash expenses | | | | | | | |
| (g) Cash Accruals (e+f) | | | | | | | |
| (h) Add interest on loan (existing + proposed) | | | | | | | |
| (i) Total Funds available (j) | | | | | | | |
| (k) Installments of loan (Existing + Proposed) | | | | | | | |
| (l) Interest on loan (Existing + proposed) | | | | | | | |
| (m) Repayment obligation (j + k) | | | | | | | |
| (n) DSCR item (i / l) | | | | | | | |
Avrage DSCR
(12). BREAK EVEN ANALYSIS : Break Even Point
a) In Quantity (Total Fixed Cost / Selling price per unit – variable cost per unit)
b) In value (BEP in quantity (a) above x Selling price per unit )
c) % Of Installed Capacity ( BEP in Quantity (a) above x 100 / installed capacity )
13) COMPUTATION OF TERM LOAN:
( Rs. in Lacs)
| Particulars of Asset | A Cost | B Margin | C Bank Loan (a-b) |
| Land | | | |
| Building | | | |
| Plant & Machinery | | | |
| Misc. Fixed Asset | | | |
| Others (if any to be specified ) | | | |
| Total | | | |
(14) REPAYMENT CAPACITY : ( please give observations about repayment ability in light of prospects of profit generation, break even, past history, and other repayment obligations )
(15) REPAYMENT SCHEDULE, TERMS & CONDITIONS : (Pl indicate moratorium period, margin, interest and repayment conditions etc.)
(16). ANY OTHER INFORMATION / SPECIAL FEATURES (if any) :
(17) CREDIT RATING FROM RATING AGENCIES, ( if any ) :---------
(18) REQUEST FOR SANCTION:
Signature of applicant ( with seal)
Date……………………….
Annexure-IV
CONSENT CUM CREDIT REPORT OF GUARANTOR
To : From :
The Branch Manager, ________________
The UBI/ SBI/Axis Bank,/UTI ________________
____________________
Dear Sir,
Sub: Loan / Credit facilities extended / to be extended by you to
Shri / M/s ______________________________________
I offer to stand as guarantor for the Loan / Credit facilities extended / to be extended by you to ___________________________________ and furnish the particulars herein below:
1. Full Name _______________________________
2. Age: _______________________________
3. PAN Number _______________________________
4. Constitution _______________________________
5. Address including city / town / District, State/Union Territory, Pin Code,
Telephone Numbers , Area Code (STD Code), E-Mail ID:
(a) Residential _______________________________
_______________________________
(b). Office/Business _______________________________
_______________________________
6. Whether related to any of the
employees of our Bank
(if so name & nature of relationship) _________________________
7. Saving Bank / Current a/c
other account, if any opened on: Date __________ A/c No.________
Credit balance as on date i.e. : Date __________ Rs.___________
8. Details of Assets:(a) Movable :
| S.No | Details | Approximate Present market Value ( Rs.) | Encumbrance, if any (furnish particulars) |
| | | | |
(b) Immovable :
| Nature of properties | Location and Boundaries | Purchase price Rs. | Approximate present market value Rs. | Details of document conferring right/title |
| | | | | |
9. Liabilities (if any)
(Please mention the details) _____________________________
10. Net Worth (if assessed for income tax,
Wealth tax, attach copy of latest
Assessment orders and latest
Balance sheet) ____________________________
11. Net annual income (salary certificate/
Annual income tax return is enclosed) ____________________________
I hereby declare that the particular furnished by me hereinabove are true to the best of my knowledge and belief.
Place:
Date: Signature of the Guarantor.
--------------------------------------------------------------------------------------------------------------------------------- FOR BRANCH USE CR number: ____________
1.Name of person / firms in which the Guarantor
Is interested. _______________
2. Whether enjoying credit limits with us _______________
3. Whether confidential reports obtained from other banks: _______________
4. Net Worth _______________
5. General Remarks ________________
We certify that we have verified the information furnished in this application by the Guarantor and to the best of our knowledge the information is correct.
Place:
Date: Branch Manager.
My loan was rejected. Credit Sudhaar was my choice. Initially they were slow. But their counsellors were able to handle all my queries. I will give Credit Sudhaar a positive review
ReplyDeleteI had no idea my credit was bad. The guys at Credit Sudhaar analysed my report. The process took some time but my credit was restored, enhanced and protected. I have no reason for complaints.
ReplyDelete