Project Report Credit Card and Loan Assessment

s CONTENTS Serial No. 1 $ ) Particular Candidate Declaration Certi!icate "rom Organisation E%ecuti&e Summar' *an+ing ,n ,ndia- O&er&ie. Nationalized Bank In India Private Sector bank In India 5 A0out A1,S *an+ Retail Banking Corporate Banking Financial Performance # Eas' Credit Card Variants Pricing Process Documentation ( Loan Assessment ! 3ome Loan Documentation Interest Rate ". Personal Loan Normal Salaried Individual Salaried Professional Salaried Doctor Documentation $ $$ $) $5 $# $# $( $2 $/ $ ) 2 $1 Page No. 5 # ( / 1 1$ 1) 1/ 1/ 1

Interest #rid Serial No. Particular $! Loan Against Propert' Salaried Individual Professional Self %mplo&ed Individual Documentation Interest #rid '! Auto Loan Categor& #rid Salaried %mplo&ee Self %mplo&ed Partners(ip Private and public limited compan& Documentation Interest Rate )! Agriculture Loan Commodit& financing. /gricultural #old 0oan 1Po*er #old2 Po*er #old Plus 3isan Po*er Direct Financing to Farmers for Cattle 0oans t(roug( Dairies4 Cooperatives Direct Financing to Farmer 5nder Contract Farming #. Education Loan 2 / A00re&iations and Acron'ms 56lossar'7 Appendi% Candidate8s Declaration Po*er+,-are(ouse Receipt

$/ Page No. )4 )4 )1 ) )$ )5 )# )# )( )2 )/ 54 51 5$ 5) 5) #4 #) #5 (# 21 2# 22 /1

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I (ereb& declare t(at t(e pro6ect report titled 9Credit Card and Loan Assessment: is prepared during completion of training of ') da&s on $7t( 8une9 "77: and it is an aut(entic record of m& *ork carried out under t(e guidance of ;r. S<a+ti Sing< Rat<ore= A%is *an+ >aipur.

?EDANS3 >A,N Roll No! 8#NP#D<7=)> P#D< First Batc( ,"77=+"7 7.

Date; 8une $79 "77: Place; 8aipur

Certi!icate TO @3O;SOE?ER ,T ;AA CONCERN ?(is is to certif& t(at t(e above declaration made b& ;R. ?EDANS3 >A,N9 P#D< ,Finance.+First Batc(9 8agannat( Institute of <anagement Studies9 #reater Noida9 5!P!9 for t(e successful completion of ') da&s summer training at /@IS Bank9 8aipur9 and preparation of pro6ect report titled 9Credit Card and Loan Assessment: is true and fair to t(e best of m& kno*ledge and belief!

;r. S<a+ti Sing< Rat<ore /ut(orised Signator& /Ais Bank 8aipur!

Date; 8une $79 "77: Place; 8aipur

E%ecuti&e Summar',ntroductionI (ave done m& training from /Ais Bank9 8aipur Branc(! I learned t(ere *orking and functioning of t(e bank! /Ais bank is one of t(e fastest gro*ing banks in India and (as eAtremel& competitive and profitable banking franc(ise! /Ais bank is t(e first ne* generation private sector bank to be establis(ed in India under t(e overall reform programme initiated b& #overnment of India in :: !/Ais bank started its operation from ::'! O0jecti&e?(e main ob6ective of undergoing training of > *eeks , )t( <a&9 "77: to $7 6une9 "77:. is to; 5nderstand (o* banking activities actuall& takes place! ?o gain an insig(t and in dept( kno*ledge about banking products! ?o kno* (o* t(e ot(er services provided b& bank to its customer! ?o learn about corporate banking culture in India! Researc< ;et<odolog'?(e met(od adopted to carr& out t(is report *as based on bot( t(e primar& and secondar& sources! Primar' sources Interaction *it( t(e eAisting emplo&ees and deput& manager! Personal interaction *it( t(e customers visiting to t(e bank! '

Secondar' sources <anuals of t(e bank! -ebsites 8ournals Circulars /nnual Report Learning and Conclusions It *as a great opportunit& to gain an insig(t about various activities t(at takes place in t(e bank! I came to kno* *(at banking is all about! /bout /@IS Bank! ?(e kind of products and services are provided b& /@IS Bank! ?(is training increased m& confidence level and it *as a great opportunit& to learn about corporate culture and etiBuettes! It *as a great opportunit& to develop persuasion skills and communication skills!

*an+ing ,n ,ndia- O&er&ie.Banking in India originated in t(e first decade of =t( centur&! ?(e first banks *ere ?(e #eneral Bank of India9 *(ic( started in C=>9 and Bank of Dindustan9 bot( of *(ic( are no* defunct! ?(e oldest bank in eAistence in India is t(e State Bank of India9 *(ic( originated in t(e E?(e Bank of BengalE in Calcutta in 8une =7>! ?(is *as one of t(e t(ree presidenc& banks9 t(e ot(er t*o being t(e Bank of Bomba& and t(e Bank of <adras! ?(e presidenc& banks *ere establis(ed under c(arters from t(e Britis( %ast India Compan&! ?(e& merged in :") to form t(e Imperial Bank of India9 *(ic(9 upon IndiaFs independence9 became t(e State )

Bank of India! For man& &ears t(e Presidenc& banks acted as Buasi+central banks9 as did t(eir successors! ?(e Reserve Bank of India formall& took on t(e responsibilit& of regulating t(e Indian banking sector from :$)! /fter IndiaFs independence in :'C9 t(e Reserve Bank *as nationalized and given broader po*ers!

RESERVE BANK OF INDIA Central Bank and supreme monetary authority Scheduled Banks Coopera tive
5rban Cooperatives State Cooperatives Public Sector

Commer cial
Private Sector

Non Scheduled Banks

Foreign Banks

Ht(er Nationalized Banks Earl' 3istor'-

SBI I /ssociates

Regional Rural Banks

?(e first full& Indian o*ned bank *as t(e /lla(abad Bank9 establis(ed in =>)! Do*ever9 at t(e end of late+ =t( centur&9 t(ere *ere (ardl& an& banks in India in t(e modern sense of t(e term! ?(e /merican Civil -ar stopped t(e suppl& of cotton to 0ancas(ire from t(e Confederate States! Promoters opened banks to finance trading in Indian cotton! -it( large eAposure to speculative ventures9 most of t(e banks opened in India during t(at period failed! ?(e depositors lost mone& and lost interest in keeping deposits *it( banks! SubseBuentl&9 banking in India remained t(e eAclusive domain of %uropeans for neAt several decades until t(e beginning of t(e "7t( centur&! Foreign banks too started to arrive9 particularl& in Calcutta9 in t(e =>7s! ?(e Comptoire dF%scompte de Paris opened a branc( in Calcutta in =>79 and anot(er in Bomba& in =>"G branc(es in <adras and Pondic(er&9 t(en a Frenc( colon&9 follo*ed! Calcutta *as t(e most active trading port in India9 mainl& due to t(e trade of t(e Britis( %mpire9 and so became a banking centre! >

T<e *an+ o! *engal= .<ic< later 0ecame t<e State *an+ o! ,ndia! /round t(e turn of t(e "7t( Centur&9 t(e Indian econom& *as passing t(roug( a relative period of stabilit&! /round five decades (ad elapsed since t(e Indian <utin&9 and t(e social9 industrial and ot(er infrastructure (ad improved! Indians (ad establis(ed small banks9 most of *(ic( served particular et(nic and religious communities! ?(e presidenc& banks dominated banking in India! ?(ere *ere also some eAc(ange banks and a number of Indian 6oint stock banks! /ll t(ese banks operated in different segments of t(e econom&! ?(e eAc(ange banks9 mostl& o*ned b& %uropeans9 concentrated on financing foreign trade! Indian 6oint stock banks *ere generall& under capitalized and lacked t(e eAperience and maturit& to compete *it( t(e presidenc& and eAc(ange banks! ?(is segmentation let 0ord Curzon to observe9 EIn respect of banking it seems *e are be(ind t(e times! -e are like some old fas(ioned sailing s(ip9 divided b& solid *ooden bulk(eads into separate and cumbersome compartments!E B& t(e :77s9 t(e market eApanded *it( t(e establis(ment of banks suc( as Pun6ab National Bank9 in =:) in 0a(ore and Bank of India9 in :7>9 in <umbai + bot( of *(ic( *ere founded under private o*ners(ip! Pun6ab National Bank is t(e first S*ades(i Bank founded b& t(e leaders like 0ala 0a6pat Rai9 Sardar D&al Sing( <a6it(ia! ?(e S*ades(i movement in particular inspired local businessmen and political figures to found banks of and for t(e Indian communit&! / number of banks establis(ed t(en (ave survived to t(e present suc( as Bank of India9 Corporation Bank9 Indian Bank9 Bank of Baroda9 Canara Bank and Central Bank of India!

NationaliBed *an+s in ,ndia-

Banking S&stem in India is dominated b& nationalized banks! ?(e nationalization of banks in India took place in :>: b& <rs! Indira #and(i t(e t(en prime minister! ?(e ma6or ob6ective be(ind nationalization *as to spread banking infrastructure in rural areas and make available c(eap finance to Indian farmers! Fourteen banks *ere nationalized in :>:! Before :>:9 State Bank of India ,SBI. *as t(e onl& public sector bank in India! SBI *as nationalized in :)) under t(e SBI /ct of :))! ?(e second p(ase of nationalization of Indian banks took place in t(e &ear :=7! Seven more banks *ere nationalized *it( deposits over "77 crores! List o! Pu0lic Sector *an+s in ,ndia is as !ollo.s /lla(abad Bank State Bank of Indore State Bank of Patiala State Bank of ?ravancore 5CH Bank 5nited Bank of India s /nd(ra Bank Bank of India Canara Bank Corporation Bank Indian Bank Hriental Bank of Commerce Pun6ab National Bank State Bank of D&derabad State Bank of India ,SBI. State Bank of <&sore State Bank of Sauras(tra S&ndicate Bank 5nion Bank of India Vi6a&a Bank Bank of Baroda Bank of <a(aras(tra Central Bank of India Dena Bank Indian Hverseas Bank Pun6ab and Sind Bank State Bank of Bikaner I 8aipur

Pri&ate *an+s in ,ndia/ll t(e banks in India *ere earlier private banks! ?(e& *ere founded in t(e pre+independence era to cater to t(e banking needs of t(e people! But after nationalization of banks in :>: public sector banks came to occup& dominant role in t(e banking structure! Private sector banking in India received a fillip in ::' *(en Reserve Bank of India encouraged setting up of private banks as part of its polic& of liberalization of t(e Indian Banking Industr&! Dousing Development Finance Corporation 0imited ,DDFC. *as amongst t(e first to receive an Fin =

principleF approval from t(e Reserve Bank of India ,RBI. to set up a bank in t(e private sector! Private Banks (ave pla&ed a ma6or role in t(e development of Indian banking industr&! ?(e& (ave made banking more efficient and customer friendl&! In t(e process t(e& (ave 6olted public sector banks out of complacenc& and forced t(em to become more competitive! List o! Pri&ate Sector *an+s in ,ndia is as !ollo.s Bank of Ra6ast(an /Ais Bank Centurion Bank of Pun6ab Federal Bank ICICI Bank IndusInd Bank 8ammu I 3as(mir Bank 3arur V&s&a Bank SBI Commercial and International Bank 5nited -estern Bank B(arat Hverseas Bank Cat(olic S&rian Bank D(analaks(mi Bank DDFC Bank IDBI Bank IN# V&s&a Bank 3arnataka Bank 3otak <a(indra Bank Sout( Indian Bank J%S Bank

A0out A1,S-

Start on 1//) On >ul' 44( CT, *an+ re0rand as A%is *an+ Promoters5nit ?rust Hf India ,5?I. 0ife Insurance Corporation ,0IC. #eneral Insurance Corporation ,#IC. National Insurance Compan& 0imited Ne* India /ssurance Compan& 0imited ?(e Hriented Insurance Compan& 0imited 5nited India Insurance Compan& 0imited CapitaliBation$): crore Public Dolding K )C!>7L

Registered O!!ice/(emdabad

Central O!!ice<umbai

Total *ranc<es="C AT;$):) *an+ Strengt<sRetail Banking Corporate Banking DirectorsS(ri N!C! Sing(al S(ri 8!R! Varma Dr! R!D! Patil Smt! Rama Bi6apurkar S(ri R!B!0! Vais( S(ri <!V! Subbia( S(ri Rames( Ramanat(an S(ri 3! N! Prit(vira6 Auditors<4s! S! R! Batliboi I Co! /uditors C(artered /ccountants Director Director Director Director Director Director Director Director

Registrar and S<are Trans!er Agent<4s! 3arv& Computers(are Private 0imited Competitors"

Private Sector competitors; DDFC ICICI Public Sector competitors; SBI PNB Pro!ile/Ais Bank is one of t(e fastest gro*ing banks in t(e countr& and (as an eAtremel& competitive and profitable banking franc(ise evidenced b&; Compre(ensive portfolio of banking services include Corporate Credit9 Retail Banking9 Business Banking9 Capital <arkets9 ?reasur& and International Banking! T<e Position as on $1st ;arc< 44/ .as as under- D Balance S(eet Size ?otal Deposits Net /dvances Investments Net NP/ Capital /deBuac& Ratio Rs 9'C9C"" crore Rs 9 C9$C' crore Rs = 9))C crore Rs '>9$$7 crore 7!$)L $!>:L L

A%is *an+ <as in place a sound tec<nological plat!orm-

Sound tec(nological platform *it( centralized database and operations enabling "'MCM$>) 1/n&*(ere Banking29 in order to render t(e best customer service to its )!) million customer base!

;ission and ?alues Customer Service and Product Innovation tuned to diverse needs of individual and corporate clientele! Continuous tec(nolog& up gradation *(ile maintaining (uman values! Progressive globalization and ac(ieving international standards! %fficienc& and effectiveness built on et(ical practices! Customer Satisfaction t(roug( providing Bualit& service effectivel& and efficientl&! ESmile9 it en(ances &our face valueE is a service Bualit& stressed on Periodic Customer Service /udits! <aAimization of Stake(older value! Success t(roug( ?eam*ork9 Integrit& and People!

Retail *an+ing?(e Bank continued *it( its t(rust on customer segmentation in t(e retail liabilities business to spear(ead gro*t( during t(e financial &ear "77=+7:! Savings Bank deposits gre* to Rs! ")9="" crores on $ st <arc( "77: from Rs! :9:=" crores as on $ st <arc( "77= s(o*ing a &ear on &ear gro*t( of ":L! Corporate *an+ing-

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?(e Business Banking Department ,%rst*(ile Institutional Business Department. *as set up in t(e &ear "7779 *it( t(e ob6ective of (aving a special cell to serve t(e institutional and corporate clientele of t(e Bank! Business Banking initiatives revolve around transaction banking services to garner Business Current /ccounts9 Cas( <anagement Service mandates9 #overnment Business + Collection I Pa&ment Services! /s a natural corollar&9 scope of t(e business *as eAtended t(is &ear to Business loans for Small Businesses so t(at all product and services to small business enterprises are compre(ensivel& made available! T<e Department presentl' !ocuses on t<e !our 0road areas t<roug< t<e respecti&e *usiness 6roups= as underBusiness Current /ccounts Business /ssets Cas( <anagement Services #overnment Business Corporate CreditCurrent /ccount deposits gre* b& "'L &o&9 from Rs! "797') crores as at end <arc(27= to Rs! "'9="" crores as at end <arc(27:! ?(e dail& average Current /ccount balances over t(e &ear gre* b& "'L &o&! ?(e Corporate Credit portfolio of t(e Bank comprising advances to large and midcorporates gre* b& >=!$$L to Rs! ":97"> crores from Rs! C9"'' crores a &ear ago! ?(is includes advances at overseas branc(es amounting to Rs! )9$= crores ,eBuivalent to 5SD $' million. comprising in main t(e portfolio of Indian corporates and t(eir subsidiaries9 as also trade finance! Credit eAposures are taken based on risk anal&ses and mitigation measures9 *it( proposals being sub6ected to critical scrutin& b& t(e BankFs Risk Department! %fforts are made to constantl& upgrade t(e skills reBuired for faster turnaround of credit proposals and structuring of financial products! In addition to *orking capital loans9 t(e Bank also takes long+term eAposures to infrastructure and manufacturing pro6ects set up b& reputed industr& groups! Relations(ip groups in t(e Bank are organised *it( an industr& sector focus for better evaluation of specified risks! ?(e credit polic& of t(e Bank (as also put in place ceilings on eAposures to various industries *it( a vie* to containing concentration risk and facilitating portfolio diversification!

"inancial Per!ormance Profit after taA up >:L to Rs! 9= )!$> crores! Net Interest Income up '$L to Rs!$>=>!" crores! Ht(er Income up > L to Rs!"9=:>!== crores! Fee Income up >'L to Rs!"9''C!$) crores Deposits up $'L to Rs! 9 C9$C' crores! Demand Deposits up $CL to Rs!)7>'' Crores! /dvances up > !C:L to Rs!= 9))C crores ! Retail /ssets up =L to Rs! >97)" crores! Net*ork of branc(es and eAtension counters increased from ="C! ?otal number of /?<s $):)! Net NP/ ratio as a percentage of net customer assets do*n to 7!$)L 7!$>L from 7!$> L! %arning per s(are ,Basic. increased from Rs!$ !$ to Rs)7!"C! Proposed Dividend up from ')L to >7L! Capital /deBuac& Ratio stood at $!>:L as against t(e minimum regulator& norm of :!">L!

EEEEEEEEEEEEEEEEEEEEEE

Eas' Credit Card@<at is Eas' Credit CardF >

/ Credit Card t(at is !!! %as& for customers to getN %as& for us to sellN @<' is it 9Eas': !or t<e CustomerF FleAible Credit 0imit ,5p to =7L of t(e FD amount. Dig( Cas( -it(dra*al Facilit& <inimum Documentation ,No Income Proof43JC reBuired. Fast Deliver& of t(e Card Substantiall& 0o*er Interest Rate of !:)L p!m! #uaranteed /pproval Free Credit Period of "7+)7 da&s Compre(ensive Insurance /ttractive Re*ard Points Ht(er benefits of a regular credit card

Easier t<an Ot<er ;odes o! Pa'mentEasier t<an Ot<er Credit Cards #uaranteed /pproval No Income Proof reBuired 0o*er interest rate Credit 0imit of c(oice C

 Dig(er Cas( *it(dra*al facilit& Easier t<an De0it Cards Interest free credit period of up to )7 da&s Dig(er Insurance Package %ase of Hnline I <H?H transactions Easier t<an OGD against "D Interest free credit period of up to )7 da&s Re*ard Points Complimentar& Insurance Record of transactions Easier t<an Cas< Convenience of Plastic Complimentar& Insurance Re*ard Points Record of transactions

?ariantsA&aila0le in t<ree &ariants-

 %as& Platinum Premium ,In sourcing locations onl&. %as& Platinum %as& #old

Pricing-

T'pe

>oining "ee

Annual "ee

Annual "ee @ai&er !or Aear

Platinum Premium )9777 9777 Customer Spends O Rs!"9779777 in Jear

Platinum

9777

)77

Customer Spends O Rs!"9779777 in Jear

77 6old Nil ,?*o on*ards. Jears

Customer Spends O Rs! )79777 in Hne Jear

M /nnual Fee can be ad6usted against Re*ard Points Eas' Platinum Premium Platinum Compre(ensive Insurance Cover :

 Fuel savings of .5H at /ll Petrol Pumps /ttractive Re*ards Program Free %spirit *atc( *ort( Rs!>9777/ttractive Platinum Pre!erential "eatures C(ip Card for /dditional Securit& Complimentar& Priorit& Pass <embers(ip International Concierge Services %Aciting s(opping offers Platinum Standard "eatures 0o* Interest Rate of !:)L p!m! Credit 0imit of C(oice Dig( Cas( -it(dra*al 0imit of '7L of Credit 0imit Balance ?ransfer Hptions

Eas' Platinum Compre(ensive Insurance Cover Fuel savings of .5Hat /00 Petrol Pumps /ttractive Re*ards Program Platinum Pre!erential "eatures"7

 C(ip Card for /dditional Securit& Complimentar& Priorit& Pass <embers(ip International Concierge Services %Aciting s(opping offers Standard "eatures 0o* Interest Rate of !:)L p!m! Credit 0imit of C(oice Dig( Cas( -it(dra*al 0imit of '7L of Credit 0imit Balance ?ransfer Hptions

Eas' 6old Compre(ensive Insurance Cover Fuel savings of .5Hat /00 Petrol Pumps /ttractive Re*ards Program Standard "eatures 0o* Interest Rate of !:)L p!m! Credit 0imit of C(oice Dig( Cas( -it(dra*al 0imit of '7L of Credit 0imit Balance ?ransfer Hptions

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Process Simpli!iedStep CrPdit Card /pplication Form 0etter of 0ien /ddendum to Credit Card /pplication No Form Draft 0etter Step " Double 3JC No Separate 3JC for %as& Credit Card Hnl& Hne Single /pplication Form

Step $ FD receipt to remain *it( t(e customer FD retained at t(e branc( No Hnl& p(otocop& to be attac(ed 0ien marked centrall& on Finacle Step ' Customer signature on form to be verified b& Branc( (eads No Customer signature to be verified b& Branc( (ead4 BSH4BS<

""

Step ) Sent to customer in Courier serviceable Card dispatc(ed to Branc( No Application ProcessingD E%isting "D CustomersApplication Pic+up %as& Credit Card /pp Form filled Cop& of FD receipt attac(ed No /dditional Documents At *ranc< /pplication Signed+off b& Branc( (ead4 BSH 4 BS< 0ien Stamp on FD b& an& Branc( officialQHriginal returned to customer CCDAPC Centralized 0ien marking Data %ntr& 9 Card I 0imit Setup No CIBI09 No FV9 No ?V Dispatc< Direct to customer in Courier serviceable areas ?o branc( in Courier non+serviceable areas areas Sent to branc( in Courier non+

serviceable areas

"$

Application Processing DNe. "D Customers-

Application Pic+up %as& Credit Card /pp Form filled FD Form filled *it( 3JC I P/N onl& b& BD%4/n& Branc( Staff At *ranc< Sign+off b& Branc( (ead4 BSH4 BS< CPCD;um0ai FD Data %ntr& FD /ccount No! entered on %as& Card /pplication Form CCDAPC Centralized 0ien marking Data %ntr& 9 Card I 0imit Setup No CIBI09 No FV9 No ?V Dispatc< FD I Card dispatc(ed toget(er Direct to customer in Courier serviceable areas ?o branc( in Courier non+serviceable areas "'

DocumentationE%isting "D Customers %as& Card /pplication Form P(otocop& of FD Certificate *it( Notification of 0ien as follo*s; R0ien marked for Issuance of %as& Credit CardS ?o be *ritten9 signed I stamped b& an& Branc( Hfficial on t(e front side of t(e FD receipt FD Certificate *it( notification returned to customer <ost Important Document ,<ID. Ne. "D Customers %as& Card /pplication Form Dul& Completed FD /pplication Form ,HN0J b& BD%4/n& Branc( Staff. <ost Important Document ,<ID.

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Loan Assessment-

T'pes o! Loan-

Dome loan Personal 0oan 0oan /gainst Propert& /uto loan /griculture 0oan %ducation 0oan

3ome Loan-

">

Criteria ;in. 5Aears7 ;in net income 5Rs.7 .or+

Salaried ,ndi&idual e%p " ,$ if current emplo&ment T &ear. )777pm O"' U TK at t(an

Pro!essionals

Sel!

Emplo'ed

,ndi&iduals

!)7 lacs pa

;in

;a%

age

5Aears7 ;in I ;a% Tenor 5;ont<s7 ;a%imum LT?

superannuation termination <aAimum "'7

loan O"' U TK >) at loan termination

<aAimum "'7

<aAimum "'7

=7L

Clu00ing o! ,ncome

/llo*ed for spouse onl&

Pre pa'ment penalt'

NI0

Processing !ee

L of loan amt V 7!$7L Service ?aA as applicable

Ot<er Products G ?ariants Ta+eo&er o! e%isting 3L !rom ot<er 5*alance !inancier Trans!er7 Re!inance Option /llo*ed for properties purc(ased in last > mont(s /llo*ed

Documents reJuired !or 3ome LoanProo! o! ,dentit'= Signature K Age-

"C

 Passport VoterFs Card Driving 0icense P/N card P(otograp( Proo! o! Residence Ration Card Passport 0atest %lectricit& Bill 0atest ?elep(one Bill 0atest Credit Card Bill! Proo! o! ,ncome 0atest $ salar& slip s(o*ing all deductions I? Returns Computation of income Balance S(eet and P40 /4c for t(e last " &ears certified b& a C!/! *an+ Statement 0ast > mont(s *(ere salar&4income is credited Proo! o! Luali!ication Degree 4 Diploma + proof of professional Bualification

,nterest Rate"=

3ome loan amount 5p to Rs! $7 0acks /bove Rs! $7 0acks

Applica0le rate o! interest :!77L p!a :!)7L p!a!

Ot<er terms K conditions ?(e propert& s(ould be located *it(in )7 3m radius of nearest Branc(4R/C! Properties under D5F9 Properties in(erited under Dindu succession act9 #odo*ns9 Factories I Dospitals9 Cinema Dalls9 Restaurants9 BanBuet Dalls9 and Sc(ools *ill not be financed under t(e sc(eme! For Purc(ase of Residential Plots *it(in <unicipal 4 #overnment approved la&outs onl&! /gricultural land9 commercial plots9 properties under D5F9 properties in(erited under Dindu succession act9 plots under litigation and acBuisition b& Public aut(orities *ill not be financed under plot loan sc(eme! 0oan against propert& ,0/P. *ill be offered onl& against full& constructed properties!

Personal Loan"or Salaried ,ndi&idual-

":

Criteria

Salaried ,ndi&idual Normal

$7

,nterest rate as per categor' ;in. .or+ e%p 5'ears7 ;in net income 5Rs. p.m.7

/s per categor& grid " )9777

;in I ;a% age

O " I T superannuation at loan termination

;in I ;a% loan amt 5Rs.7

!")+

) lakes , !") lakes loan is onl& available for

customers (aving salar& po*er relations(ip. " U >7 ,For C/? C and D emplo&ees maAimum tenor is '= mont(s. Hptional Cat / I B + 0ast $ mont(s

;in I ;a% Tenor 5mont<s7

Securit'GCollateralG6uarantor

*an+ing relations<ips Cat C I D + 0ast > mont(s P<one Processing !ee landline 4 mobile 4 -00 mandator& "L of loan amt <aA loan K,Net mont(l& income + obligations. A Eligi0ilit' calculation <ultiplier! <ultiplier varies from ) to upon tenure! Residence Present residence KO > mont(s Salaried ,ndi&idual Pro! 5;*A= Engineer= Arc<itect= CA= CS= ,C@A7 /s per categor& grid " $ $ depending

Criteria

,nterest rate as per categor' ;in. .or+ e%p 5'ears7

;in net income 5Rs. p.m.7

)9777

;in I ;a% age

O " I T superannuation at loan termination

;in I ;a% loan amt 5Rs.7

!") +

) lak(s

, !") lak( loan is onl& available for

customers (aving salar& po*er relations(ip.

;in I ;a% Tenor 5mont<s7

" U >7

Securit'GCollateralG6uarantor

Hptional Cat / I B + 0ast $ mont(s

*an+ing relations<ips Cat C I D + 0ast > mont(s P<one Processing !ee landline 4 mobile 4 -00 mandator& "L of loan amt <aA loan K,Net mont(l& income + obligations. A Eligi0ilit' calculation <ultiplier! <ultiplier varies from ) to ) depending upon tenure! Residence Present residence KO > mont(s

Degree 4 Diploma + proof of professional Bualification Criteria Salaried Doctors Doctor in Cat B4C4D at a min of <BBS4BDS4 <S4<D K Cat B rate $

,nterest rate as per categor'

;in. .or+ e%p 5'ears7

$"

;in net income 5Rs. p.m.7 ;in I ;a% age

)9777 ,gross. O"' and T>) at loan termination

;in I ;a% loan amt 5Rs.7

!") +

) lak(s

, !") lak( loan is onl& available for

customers (aving salar& po*er relations(ip.

;in I ;a% Tenor 5mont<s7

" U >7

Securit'GCollateralG6uarantor *an+ing relations<ips P<one Processing !ee

Hptional 0ast > mont(s landline 4 mobile 4 -00 mandator& "L of loan amt <aA loan K ,#ross mont(l& salar& + obligations. A

Eligi0ilit' calculation

<ultiplier! <ultiplier varies from ) to ) depending upon tenure!

Residence

Present residence KO > mont(s Degree9 Registration *it( respective state medical

Proo! o! Luali!ication Documentation-

councils Hr Dentists /ssociation!

$$

Documents ReJuired ,nterest Rate 6ridProo! o! ,dentit'= Signature K Age ,nterest Rate 6rid Personal Loans Proo! o! Telep<one *ill Salaried D Cat A Proo! o! Residence Salaried D Cat * Passport4 VoterFs Card4 Driving 0icense4 P/N card I P(otograp(! RO, 5onl' "i%ed7 0atest bill of landline4 mobile4 -00 stating name of borro*er or address of borro*er! 15.44H Ration Card4 Passport4 0atest %lectricit& Bill4 0atest 1(.44H ?elep(one Bill4 0atest Credit Card Bill! 0atest salar& slip s(o*ing all deductions and 0ast " &ears 1/.44H Form > along *it( current dated salar& certificate 1.44H Cat / I B + 0ast $ mont(s9 Cat C I D + 0ast > mont(s

Salaried D Cat C Proo! o! ,ncome Salaried D Cat D *an+ Statement G Pass *oo+ .<ere salar' is Credited

Loan against Propert'-

Criteria

Salaried ,ndi&idual

@or+ E%perience 5Aears7

<in Jr.

Jear If ?otal %Ap " Hr ,$ If Current %mplo&ment T

;in Net ,ncome 5Rs.7

C)77 Per <ont(

;in I ;a% Age 5Aears7

O"' U TK ?(an Superannuation /t 0oan ?ermination

$'

;in I ;a% Tenor 5;ont<s7

Residential Propert& 5p ?o =7 <ont(s9 Commercial Propert& 5p ?o "7 <ont(s

;a%imum LT?

Residential Propert& 5p ?o >7L9 Commercial )7L9 Commercial Purc(ase =7L

"L -ill Be C(arged If ?(e /mount %Aceeds ") L Hf ?(e Pre Pa'ment Penalt' Principle Hutstanding During / Wuarter9 Ht(er*ise No Penalt&!

Processing "ee

L Hf 0oan /mt V Service ?aA /s /pplicable

Ta+eo&er O! E%isting ;ortgage @it< Additional Re!inance

/llo*ed

Criteria

Pro!essionals

@or+ E%p 5Aears7

<in $ If Doctor %lse '

;in Net ,ncome 5Rs.7

!)7 0acs Per Jear

;in I ;a% Age 5Aears7

O"' U TK >) /t 0oan ?ermination

;in I ;a% Tenor 5;ont<s7

Residential

Propert&

5p

?o

=7

<ont(s9

Commercial Propert& 5p ?o "7 <ont(s

$)

Residential Propert& 5p ?o >7L9 ;a%imum LT? Commercial ')L9 Commercial Purc(ase C)L

"L -ill Be C(arged If ?(e /mount %Aceeds ") L Hf ?(e Pre Pa'ment Penalt' Principle Hutstanding During / Wuarter9 Ht(er*ise No Penalt&!

Processing "ee

L Hf 0oan /mt V Service ?as /s /pplicable

Ta+eo&er O! E%isting ;ortgage @it< Additional Re!inance

/llo*ed

Criteria

Sel! Emplo'ed ,ndi&iduals

@or+ E%p 5Aears7

<in $

;in Net ,ncome 5Rs.7

!)7 0acs Per Jear

;in I ;a% Age 5Aears7

O"' U TK >) /t 0oan ?ermination

;in I ;a% Tenor 5;ont<s7

5p ?o "7 <ont(s Irrespective Hf Propert& ?&pe

$>

;a%imum LT?

Residential Propert& 5p ?o >7L9 Commercial ')L9 Commercial Purc(ase C7L

"L -ill Be C(arged If ?(e /mount %Aceeds ") L Hf ?(e Pre Pa'ment Penalt' Principle Hutstanding During / Wuarter9 Ht(er*ise No Penalt&!

Processing "ee

L Hf 0oan /mt V Service ?aA /s /pplicable

Ta+eo&er O! E%isting ;ortgage @it< Additional Re!inance

/llo*ed

Documents reJuired !or Loan against propert'-

"or Salaried ,ndi&idual-

Proo! O! ,dentit'= Signature K Passport4 VoterFs Card4 Driving 0icense4 P/N Card I Age P(otograp(! Ration Card4 Passport4 0atest %lectricit& Bill4 0atest ?elep(one Bill4 0atest Credit Card Bill! 0atest $ Salar& Slip S(o*ing /ll Deductions

Proo! O! Residence

Proo! O! ,ncome

*an+ Statement

0ast > <ont(s -(ere Salar&4Income Is Credited

Proo! O! Luali!ication

N4/

$C

"or Pro!essionals-

Proo! O! ,dentit'= Signature K Passport4 VoterFs Card4 Driving 0icense4 P/N Card I Age Proo! O! Residence P(otograp(! Ration Card4 Passport4 0atest %lectricit& Bill4 0atest ?elep(one Bill4 0atest Credit Card Bill!

Proo! O! ,ncome

I? Returns9 Computation Hf Income9 Balance S(eet /nd P40 /4C For ?(e 0ast " Jears Certified B& / C!/!

*an+ Statement

0ast > <ont(s -(ere Salar&4Income Is Credited

Proo! O! Luali!ication

Degree 4 Diploma + Proof Hf Professional Wualification

"or Sel! Emplo'ed ,ndi&iduals-

Proo! O! ,dentit'= Signature Passport4 VoterFs Card4 Driving 0icense4 Pan Card I K Age P(otograp(! Ration Card4 Passport4 0atest %lectricit& Bill4 0atest ?elep(one Bill4 0atest Credit Card Bill! It Returns9 Computation Hf Income9 Balance S(eet /nd P40 /4C For ?(e 0ast " Jears Certified B& / C!/! 0ast > <ont(s -(ere Salar&4Income Is Credited N4/

Proo! O! Residence

Proo! O! ,ncome

*an+ Statement Proo! O! Luali!ication

$=

Ot<er Terms K Conditions ?(e propert& s(ould be located *it(in )7 km radius of nearest branc(! Properties under D5F9 Properties in(erited under Dindu Succession /ct9 #odo*ns9 Factories I Dospitals9 Cinema Dalls9 Restaurants9 BanBuet Dalls9 and Sc(ools *ill not be financed under t(e sc(eme! For Purc(ase of Residential Plots *it(in <unicipal 4 #overnment /pproved 0a&outs onl& /gricultural 0and9 Commercial Plots9 Properties 5nder D5F9 Properties In(erited 5nder Dindu Succession /ct9 Plots 5nder 0itigation and /cBuisition b& Public /ut(orities *ill not be financed under plot loan sc(eme! 0oan against propert& ,lap. *ill be offered onl& against full& constructed properties! No lap *ill be offered against plot of land ,nterest Rate 6rid-

Personal Loan ,nterest

Rate o! ,nterest

Residential Propert'

1 .(5H

Commercial Propert'

1$.(5H

$:

Auto Loan-

Categor' 6rid

Categor' A

<aruti =779 Hmni Van9 <atiz

,5pto ) lak(. Categor' * /lto9 -agner9 I 79 spark9 S*ift9 Indica Vista9 Palio9 #etz9 a+star9 Xen

,5pto 7 lak(. Categor' C S*ift Dezire9 Verna9 %steem9 Donda Cit&9 /cent9 Verna9 Fista9 Indigo CS9 Hptra9 Scorpio90ogan

'7

Categor' D

,<ore ?(an 7 0ak(. Safari9 Corela9 %ndeavour9 Hptiva9 Skoda9

Criteria

Salaried

Age

<in " Jears /t Sanction ?o <aAimum )= Jears /t ?(e ?ime Hf 0oan <aturit&

Loan Amount

<inimum Rs! 779777

Tenure

+ C Jrs

LT?

5p ?o =)L Hf Hn Road PriceM

,ncome Norms

#ross Salar& Hf Rs! P!/! For Cat C4D Cars

0ac P!/! For Cat /4B Cars I Rs " 0acs

@or+DE%perience

<inimum " Jears Hf ?otal %mplo&ment 0andline 4 -00 P(one /t Residence! In Case No P(one /t

Telep<one

Resident Post+paid <obile Connection -it( Resident /ddress ReBuired!

"oreclosure

'L V Principal Hutstanding

'

<inimum Hf Rs ")77 For Cat / Cars9 Rs! $777 For Cat B I C Processing "ee Cars /nd Rs $)77 For Cat D Cars ,Plus 5pto L Hf ?(e 0oan /mount /t ?(e Discretion Hf ?(e Branc( <anager.

Eligi0ilit' Calculation

$ ?imes Hf /nnual #ross Hr $7 ?imes Hf /vg Net Salar& Hf $ <ont(s! %<I <ust Not %Aceed )7L Hf Net Salar&

Criteria

Sel!DEmplo'ed

Age

<in " Jears /t Sanction ?o <aAimum >) Jears /t ?(e ?ime Hf 0oan <aturit&

Loan Amount

<inimum Rs! 779777

Tenure

+ C Jrs

LT?

5p ?o =)L Hf Hn Road PriceM

,ncome Norms

#ross Income Hf Rs! >79777 P!/! For Cat /4B Cars I Rs

0ac P!/!

For Cat C4D Cars ,#ross Income ; N!P /fter ?aA I Depreciation.

@or+DE%perience

<inimum $ Jears In Business

0andline 4 -00 P(one /t Residence! In Case No P(one /t Telep<one Residence Postpaid <obile Connection -it( Residence /ddress ReBuired! "oreclosure 'L V Principal Hutstanding

'"

<inimum Hf Rs ")77 For Cat / Cars9 Rs! $777 For Cat B I C Cars Processing "ee /nd Rs $)77 For Cat D Cars ,Plus 5pto L Hf ?(e 0oan /mount /t ?(e Discretion Hf ?(e Branc( <anager.

Eligi0ilit' Calculation

> ?imes #ross Income P!/! ,#ross Income K Net Profit V )7L Hf Depreciation For ?(e 0ast Financial Jear!. Partners<ip "irms <in " Jears /t Sanction ?o <aAimum )= Jears /t ?(e ?ime Hf 0oan <aturit& For 0oan %Aecuting Partner! <inimum Rs! 779777

Criteria

Age

Loan Amount

Tenure

+ C Jear

LT?

5p ?o =)L Hf Hn Road Price

#ross Income Hf Rs! >79777 P!/! For Cat /4B Cars I Rs ,ncome Norms <in ?urnover Hf Rs '!) 0acs

0ac P!/!

For Cat C4D Cars ,#ross Income; N!P /fter ?aA I Depreciation.!

@or+DE%perience

<inimum $ Jears In Business

0andline 4 -00 P(one /t Resident! I Hffice For 0oan %Aecuting Telep<one Partner! In Case No P(one /t Resident9 Post+Paid <obile Connection -it( Resident! /ddress Is ReBuired

"oreclosure

'L V Principal Hutstanding

'$

<inimum Hf Rs ")77 For Cat / Cars9 Rs! $777 For Cat B I C Cars Processing "ee /nd Rs $)77 For Cat D Cars ,Plus 5pto L Hf ?(e 0oan /mount /t ?(e Discretion Hf ?(e Branc( <anager.

> ?imes #ross Income P!/! ,#ross Income K S(are In Profit V Eligi0ilit' Calculation Salar& V Interest Hn Capital V )7L Hf Depreciation For ?(e 0ast Financial Jear. ,?o ?(e %Atent Hf Dis S(are In Partners(ip.

Criteria

Pri&ate K Pu0lic Ltd. Companies

Age

<in " &ears at sanction to <aAimum >) &ears at t(e time of loan maturit& for t(e loan eAecuting director4aut(orized signator&

Loan amount

<inimum Rs! 779777

Tenure

+ ) &rs

LT?

5p to =)L of Hn road priceM

,ncome Norms

<in ?urnover of Rs! " Crore and <inimum Net Profit of Rs )7 0acs! ,No Cas( 0oss in t(e last " &rs.

@or+De%perience

<inimum $ &ears in business

0andline 4 -00 p(one at Resident I Hffice for loan eAecuting Telep<one director4aut(orized signator&! In case no p(one at Resident9 post+ paid mobile connection *it( Resident /ddress is reBuired

''

"oreclosure

'L V principal outstanding <inimum of Rs ")77 for C/? / cars9 Rs! $777 for Cat B I C Cars

Processing "ee

and Rs $)77 for Cat D cars ,plus upto L of t(e loan amount at t(e discretion of t(e Branc( <anager.

Eligi0ilit' calculation Documents reJuired"or Salaried-

> times /vg! Net Profit of t(e 0ast " Jears

Proo! o! ,dentit'

Passport 4 Voter2s Card 4 Driving 0icense *it( P(otograp(4 P/N card 0atest salar& slip s(o*ing all deductions /ND 0atest Form

Proo! o! ,ncome

> 4 Income ?aA Return ,Form > FJ% <arc( s(ould be available 8une on*ards.

Address

Proo!

5o!

t<e Ration Card40atest %lectricit&

Bill40atest ?elep(one

residing cit'7

Bill4Passport40atest Credit Card Bill4 Driving 0icense Passport cop&4 Driving 0icense *it( P(otograp(4 Banker2s Verification N/

Signature ?eri!ication

Additional Document

"or Sel!DEmplo'ed-

')

Proo! o! ,dentit'

Passport 4 Voter2s Card 4 Driving 0icense *it( P(otograp(4 P/N card 0atest Income ?aA Return and Computation of income

Proo! o! ,ncome

Address

Proo!

5o!

t<e Ration

Card40atest

%lectricit&

Bill40atest

?elep(one

residing cit'7

Bill4Passport40atest Credit Card Bill4 Driving 0icense Passport cop&4 Driving 0icense *it( P(otograp(4 Banker2s Verification Declaration from Proprietor

Signature ?eri!ication

Additional Document "or Partners<ip "irms-

Cop& of Partners(ip Deed I t(e follo*ing documents reBuired Proo! o! ,dentit' for t(e loan eAecuting partner; Passport 4 Voter2s Card 4 Driving 0icense *it( P(otograp(4 P/N card /udited Balance S(eet9 Profit I 0oss /ccount for last " &ears along *it( t(e latest " Income ?aA Returns 5o! t<e ?elep(one Bill4%lectricit& Bill4 S(op I %stablis(ment /ct Certificate4 SSI Registered Certificate4 Sales ?aA Certificate Banker2s Verification /ut(orit& letter signed b& all partners

Proo! o! ,ncome

Address

Proo!

residing cit'7 Signature ?eri!ication Additional Documentation

"or Pri&ate K Pu0lic Ltd. Companies-

'>

Cop& of <emorandum I /rticles of /ssociation I t(e Proo! o! ,dentit' follo*ing documents reBuired for t(e loan eAecuting director4aut(orized signator&! Passport 4 Voter2s Card 4 Driving 0icense *it( P(otograp(4 P/N card Proo! o! ,ncome 0ast " Jears /udited Financials ?elep(one Bill4%lectricit& Bill4 S(op I %stablis(ment /ct Certificate4SSI Registered Certificate4 Sales ?aA Certificate4P/N No! Banker2s Verification 0ist of Directors9 S(are Dolding pattern9 Cop& of Board Resolution

Address

Proo!

5o!

t<e

residing cit'7 Signature ?eri!ication

Additional Documentation

On Road Price M E% S<o.room rate N ,nsurance N Road Ta% N Registration c<arges ,nterest Rate 6rid-

,nterest Rate 6rid 5Direct *ranc< Source7

Car Categor'

Cpto $5 mont<s

$# D #4 mont<s

#4 O 2) mont<s

Cat A

$!77L

"!77L

$!)7L

Cat *

$!77L

!)7L

$!)7L

Cat C

$!77L

!)7L

$!)7L

Cat D

$!77L

!77L

$!)7L

'C

,nterest Rate 6rid 5DealerGDSA sourcing7 Car Categor' Cpto $5 mont<s $# D #4 mont<s #4 O 2) mont<s

Cat A

'!)7L

$!")L

)!)7L

Cat *

'!)7L

"!)7L

)!)7L

Cat C

'!)7L

"!77L

)!)7L

CAT D Agricultural Loan-

'!)7L

!C)L

)!)7L

"inancing !armers against pledge o! .are<ouse or cold storage receipts"acilit' LimitCeiling of Rs! )!7 lac per farmer Nature o! "acilit'0oan against t(e pledge of *are(ouse and4 or cold storage receipts Eligi0ilit' !or "armers Hriginal depositors of t(e receipts! ?(e borro*er to undertake t(at (e is a farmer and also to provide a declaration to t(e effect t(at (e4s(e is not defaulter to an& Bank4Financial Institution Designated @are<ouseC-C4S-C -are(ouses Private *are(ouses4Cold storages4#odo*ns *it( a minimum storage capacit& of 77 <? '=

?alue o! LoanValue of t(e loan K Value of commodit& minus commodit& specific margin amount

Rate o! ,nterestBP0R+ '!C)LG at present )!") L p!a! pa&able *it( t(e principal repa&ment! ;argin<in '7L! Tenure o! t<e Loan?(e maAimum tenure of eac( loan s(all be " mont(s! ?aluation?(e value of t(e commodit& as securit& s(all be t(e lo*er of t(e follo*ing; Value of goods as reflected in t(e *are(ouse receipt! Value of t(e goods based on t(e average price prevailing in t(e nearest mandi on t(e da& previous to t(e date of disbursement! Price provided b& t(e Commodit& Business #roup9 Central Hffice from time to time for various commodities ,nsurance?(e stocks pledged to t(e Bank s(ould be insured adeBuatel& *it( Bank clause! Securit' Cpto Rs. 44=444Primar&+; Pledge of *are(ouse receipts dul& endorsed in Bank2s favour Securit' o&er Rs. 44=444Primar&+; Pledge of *are(ouse receipts dul& endorsed in Bank2s favour9 Collateral+; ?(ird part& #uarantee Dis0ursement-

':

?(e individual borro*er availing t(is facilit& *ill (ave to open an account at t(e concerned local branc( ,t(e account can be opened under 1SBSP02 categor& *(erein t(e average balance reBuirement is Rs! 7774+.! ?(e amount *ill disbursed b& crediting t(e account of t(e borro*er9 at t(e concerned branc(! Selection o! t<e @are<ouseGCold Storage?(e *are(ouse4cold storage (as to (ave adeBuate facilities ,like aeration9 pest control9 loading and unloading facilities9 electricit&9 securit&9 etc!. to allo* for t(e storage of t(e produce *it( minimum loss in Bualit& and Buantit&! It is suggested t(at branc(es ma& give preference to t(e *are(ouses accredited b& National Commodit& and Derivative %Ac(ange9 India ,NCD%@. *(o provide *are(ouse receipts to t(e farmers in dematerialized form! Securit' !rom @are<ouse O.nerG;anagerDave to sign <IC agreement *it( Bank to bu& or arrange for t(e sale of t(e stock in case of default of farmer 0etter of guarantee4comfort letter is to be obtain ,in absence of t(e letter of guarantee.! ;onitoring K ;KC Agent C<arges<IC agent (as to monitor t(e securit&! ?(e Bualit& and Buantit& report (as to be sent to t(e branc( on a mont(l& basis! Normall& L of t(e loan amount! Do*ever9 branc(es can pa& maAimum !)L of t(e loan amount *(erever reBuired! Ot<er ConditionsPost dated c(eBues to be collected from borro*ers Repa'mentBullet repa&ment along *it( interest on due date! Penal ,nterest"L p!a! on overdue loan4unpaid interest PreDpa'ment C<arges"L ,if loan is repaid *it(in one mont(! Ht(er*ise nil. Processing "ee)7

!'7L of t(e loan sanctioned Documents to 0e e%ecuted 0' t<e *orro.er DP Note DP deliver& letter 0etter of *aiver Pledge /greement -are(ouse receipt Documents to 0e e%ecuted 0' t<e ;KC Agent<anagement and Collection /greement; ?o be finalized in consultation *it( t(e 0a* Department E&ent o! De!aultIn t(e event of default of a borro*er9 <IC agent s(ould arrange for bu&ers4bu& back of t(e stock! ?(e Bank s(all be entitled to sell t(e pledged goods eit(er t(roug( t(e <IC agent4 public auction4private sale4t(roug( an& commodit& eAc(ange and ad6ust t(e sale proceeds against t(e amount outstanding from t(e borro*er! ?(e price at *(ic( t(e pledged commodit& is sold b& t(e Bank is final and binding on t(e borro*er! Do*ever9 in case t(e proceeds from suc( a sale are not sufficient to satisf& t(e amount outstanding in full9 t(e Bank *ill be entitled to recover t(e s(ortfall from borro*er! Registers to 0e maintainedRegisters to be maintained b& t(e branc(; 0oan application cum disposal register Price9 Stock and <argin recover& register Insurance due date register Branc(es *ould keep t(e above mentioned registers in p(&sical form or in a eAcel s(eet in t(e s&stem! ?(e records s(ould be updated at t(e stipulated time and (ard copies be preserved in a separate file! Registers to be filled in b& <IC agentStock and margin register

Rating Tool !or "armerGAgricultureScore S<eet !or Agricultural Loans ,For individuals.

No 1.

Parameters T'pe o! land <olding

Score H*n; ) 0ease(old; $ under <ore t(an 7 acres; ) <ore t(an ) and 5pto 7 acres; $ ) acres and belo*; " Cas( crops; ) Non cas(; $ Drip4Sprinkler irrigation; )

Scoring

E%tent culti&ation

o!

land

$.

T'pe o! crop under culti&ation

).

,rrigation

-ell4canal; $ Dr& farming; ?(roug( Co+Hperative

5.

;ar+eting arrangement

Societies4Private corporates; ) ?(roug( #ovt! agencies; $ Direct;

Source #. acti&ities income

o!

income allied

!rom to Jes; $ o! No; 7

agricultureGot<er

source

*enc< mar+ing- 5Out o! 27)"

Score a0o&e 12 15D12 14D1) Score 0elo. 14 Agricultural 6old Loan O PPo.er 6oldQEligi0ilit'-

A1 A A$ A)

/n& individual *(o (as completed = &ears of age and is involved in agriculture4allied activities! In case one spouse is availing of t(e loan against gold ornaments o*ned b& t(e ot(er9 t(e borro*ing s(ould be in t(e 6oint names! #old bullion *ill not be accepted as securit&! Hnl& original o*ner of t(e 8e*eller&! 8e*eller& belo* "7 carat s(ould be avoided! Limit <inimum + Rs! )9777 <aAimum + Rs! 79779777 Loan Amount and ;argin0oan /mount K ,Net *eig(t! of ornament in terms of "" carat. M ,/dvance rate.Net *eig(t of ornament in terms of "" carat K ,Net *eig(t of ornaments M Purit&.4 "" /dvance rate at present; Rs!C'74+ per gram BD can selectivel& increase advance rate b& Rs! 74+

;argin Call-

)$

During t(e tenure of t(e loan9 if t(e margin of t(e loan9 based on t(e market value of t(e gold9 falls belo* "7L9 t(e borro*er *ould be called upon to deposit t(e s(ortfall! If t(e borro*er fails to pa& t(e s(ortfall *it(in ) da&s9 t(e Bank *ill (ave t(e rig(t to dispose off t(e gold ornaments! Securit' Primar& + Nil

Collateral + Pledge of gold ornaments Custod' C<argesIf gold value O ) times loan amount Rs! 777 V S? per &ear

Pricing

For limit up to Rs! !77 0ak(; BP0R+'!")L For limit above Rs! !77 lacs; BP0R+'!C)L Interest application is /nnual and to be paid along *it( principal

Penal interest"L per &ear on overdue amount! Dis0ursement 5p to Rs!)797774+ in Cas(! /bove Rs!)797774+ b& Pa& Hrder!

DocumentationFollo*ing documents s(ould be obtained from borro*er! /pplication form D!P!Note D!P!Note deliver& cum *aiver letter 0etter of Pledge )'

 Proof of agricultural activit& ,cop& of land records9 land revenue taA receipts etc!. Declaration of o*ners(ip of t(e ornaments pledged /ut(orisation from t(e borro*er for disclosure of information ?(e follo*ing document s(ould be obtained from t(e appraiser Certificate of valuation Processing K Appraiser !ees ,nsurance#old ornaments pledged to t(e Bank *ill be covered under t(e <aster polic& of t(eft and burglar&! Bank2s indemnit& polic& *ill be obtained b& t(e Bank centrall&! 7!")LVS? sub6ect to maAimum of Rs! )77VS? BD (as discretion to *aive4 reduce if RoI is increased b& 7!$7L No fee up to Rs!")97774+ loan 7!")L sub6ect to maAimum of Rs!)774+

Sanctioning Aut<orit'?(e sanctioning aut(orit& *ould be t(e Branc( Dead in t(e categor& of <anager4/VP4VP! ?(e branc(es s(ould send t(e Control Returns on mont(l& basis to t(e Xonal Hffice for noting and revie*! ?(e VP ,Credit I ForeA. *ill be t(e revie*ing aut(orit& at t(e Xonal Hffice! Repa'mentRepa&ment period not eAceed = mont(s! ?(e facilit& *ill be rene*able at t(e reBuest of t(e borro*er after = mont(s! ?(e repa&ment sc(edule s(ould be aligned *it( t(e crop (arvest c&cle! Release of t(e gold ornaments on repa&ment b& borro*er

))

?(e branc( s(ould release t(e securit& onl& if t(e full amount of interest9 ot(er c(arges and principal (as been repaid! ?(e borro*er s(ould present t(e signed receipt issued to (im4(er b& t(e Bank *(ile taking deliver& of t(e ornaments! ?(e borro*er,s. needs to sign t(e receipt ackno*ledging t(at t(e gold ornaments (ave been received b& (im4(er in good order and condition! ?(e signed receipts s(ould be arranged as per t(e date of closure of loan account and s(o*n to t(e inspecting aut(orit& at t(e time of t(e inspection! #uidelines for t(e release of t(e pledged 6e*eller& on liBuidation of t(e loan on deat( of t(e borro*er *ill be issued later in consultation *it( t(e 0a* Department! Rig<t o! Disposal o! Securit'In case of default9 Bank (as t(e rig(t to dispose t(e gold ornaments for satisfaction of t(e loan b& *a& of public auction or private treat& and proceed against t(e borro*er! Po.er 6old PlusDi!!erence !rom Po.er 6old <inimum Rs! "!77 lacs to Rs! 7!77 lacs! <ont(l& interest application! Dra*ing Po*er; =7L of value of t(e ornament! Field inspection report to confirm t(e activit& is to be undertaken! <aAimum > redemptions and pledges can be permitted in a &ear9 Rs!")74+ plus Custodian c(arges of Rs!$97774+ plus S?9 *ill be c(arged per &ear if t(e value

S? *ill be c(arged per redemption4pledge! of t(e securit& is more t(an ) times t(e loan amount! Pricing Direct /griculture; BP0RQ$!C)L! Indirect /griculture; BP0R+$!")L! Fee; 7!")L sub6ect to maAimum of Rs! 97774+! /ppraiser Fee; 7!")L sub6ect to maAimum Rs! 97774+!

Product "eatures)>

 CC facilit& against gold ,CC/P#. Target 6roup For allied agricultural activities like poultr&9 dair&9 fis(eries etc+ Direct /griculture! Financing agriculture input dealers9 /rt(ias4 Commission agents etc Q Indirect /griculture! Crop cultivation s(ould not be financed! Risan Po.er Sc<emePurposeProduction Credit i!e! for meeting cost of crop cultivation4allied agricultural activities! Investment 0oan for meeting an& investment need9 ot(er t(an production eApenses9 t(at can improve borro*er2s farm productivit& i!e! purc(ase of agricultural eBuipments9 land levelling9 land development9 ve(icles etc! Consumption 0oan for meeting consumption needs Financing of all allied agricultural activities eAcept t(e follo*ing is eligible under 3isan Po*er+No tractor 4trailer s(all be financed under t(e 3isan Po*er Sc(eme! Poultr& s(all not be financed under 3isan Po*er Sc(eme Eligi0ilit'/n& individual *(o is a ma6or H*ner Cultivators ?enant Cultivators and S(are Croppers ma& be financed selectivel&! <inimum land(olding s(ould be t*o acres of cultivable land! 0and(olding (as to be supported b& land documents like C4 " eAtract9 Patta9 c(itta9 /dangal ,confirming o*ners(ip9 crop pattern. etc! 8oint (olding ,single or multiple locations. up to five persons are permitted! In case t(e borro*er is more t(an >7 &ears of age9 a co+borro*er is mandator&! ?(e co+ borro*er s(ould be a famil& member 4 relative of t(e Borro*er!

Radius o! Operation-

)C

Radius of operation restricted to )7 km from t(e Branc(! Do*ever9 VP/F ma& allo* financing select cases under t(e sc(eme be&ond )7 kms and upto C) kms9 provided t(e distance *ill not come in t(e *a& of effective follo* up and recover&! Nature o! "acilit'?erm loan Q Consumption 0oan and Investment 0oan Cas( credit Q Production Credit Sanctioning aut(orit& s(ould ensure t(at a cas( credit facilit& is eAtended in all cases *it(out eAception Amount o! LoanHverall 0imit; <inimum; <aAimum; Individual Components; Facilit& Investment 0oan Production CreditM Consumption 0oan <in 0imit ")77 4 ")977 4 )797774 <aA 0imit "'9C'9:::4+ ")97797774+ )97797774+ Pun6ab9 For States of I Rs! ")77 4+ Rs! ")97797774+

Ra6ast(an

Dar&ana and $97797774+ For all ot(er states MProduction Credit is <andator& AssessmentG"i%ation o! LimitHverall 0imit ?(e overall loan amount4 credit limit *ill be fiAed on t(e basis of ) times annual farm income or C7L of t(e value of collateral securit& *(ic(ever is less sub6ect to maAimum of Rs! ")97797774+ Production Credit )=

For an& 3isan Po*er account9 Production Credit is a must! -(ile calculating Production Credit 0imit9 scale of finance s(ould be t(e basis of assessment9 *(ic( is decided ever& &ear b& District level ?ec(nical committee ,D0?C.! ?(e Production Credit 0imit can be maAimum upto )7L of t(e amount of Scale of Finance advised b& D0?C! Crop insurance premium ma& be debited to production credit9 but t(e outstanding s(ould be *it(in limit! In ot(er *ords t(e disbursement needs to be net of crop insurance premium! Production Credit 0imit ma& be eAtended for leased land also9 sub6ect to t(e terms and conditions on securit&4guarantee etc! Consumption 0oan ?(e Consumption 0oan amount s(ould not be more t(an $ times of annual farm income9 and sub6ect to t(e securit& criteria9 *it(in t(e upper cap of Rs! ) lacs4$ lacs as t(e case ma& be! ?(e assessment of consumption reBuirement is to be based on t(e *ritten declaration of t(e applicant9 and 77L of t(e declared amount *ould be allo*ed sub6ect to maAimum limits specified! Investment 0oan For purc(ase of ?*o4?(ree4Four -(eelers used for carr&ing farm goods or Farm <ac(iner&+; In suc( cases9 t(e branc(es s(all ensure t(at t(e price of t(e t*o4t(ree4four *(eelers or mac(iner& s(ould be eBual to or less t(an t(e <RP ,maAimum eA s(o*room price9 *(ic( includes all t(e state level taAes9 but eAcludes t(e registration fee9 road taA and insurance. publis(ed b& t(e manufacturer! ?(e actual cost of registration9 road taA and insurance can be financed! In case of ve(icles9 t(e Bank2s interest is to be noted in t(e RC book and t(e ve(icles are to be insured under a compre(ensive insurance polic&! /long *it( invoice receipt9 RC book cop&9 a p(otograp( of t(e ve(icle and t(e Borro*er standing nearb& is to be obtained and kept on record! ?(is ma& be obtained *it(in ') da&s of disbursement! Hur c(arge on t(e ve(icle s(ould be eAplicitl& mentioned on t(e ve(icle! In respect of development *orks like deepening4drilling of *ells9 construction of pump (ouse4s(eds4cattle s(eds etc9 t(e estimates made b& t(e farmers t(emselves can be accepted9 provided t(e cost does not eAceed more t(an "7L of t(e unit cost approved for t(at activit&4purpose in t(at region b& N/B/RD! Securit'5pto Rs! )77774+ ):

Primar&; D&pot(ecation of crops and ot(er assets Collateral ; Nil Hver Rs! )77774+ Primar& ; D&pot(ecation of crops and ot(er assets Collateral; <ortgage4 C(arge of land o*ned b& t(e prospective borro*er upto '7L , !' times. of t(e amount of loan as per State la*s! ;arginInvestment 0oan for creation of assets and allied activities ,eAcept ve(icles. ")L

Investment 0oan for ve(icles $7L Nil! ?(e labour input b& t(e farmer is Production Credit Consumption 0oan considered as t(e margin! Dence no separate cas( margin is insisted for crop loans! NI0

Rate o! ,nterestFor consumption loans; /mount 0oan from Rs )79777 upto Rs "9779777 0oan from Rs "977977 upto Rs )9779777 For all ot(er loans +; /mount 0imit up to Rs! )79777 0oan from Rs )7977 upto Rs "9779777 Interest Rate BP0R $!)7L BP0R $L Interest Rate BP0R !)7L BP0R L

>7

0oan from Rs "977977 upto Rs )9779777

BP0R "L

Processing "eeFee Y 7!)7L for production credit and !77L for Investment 0oan and Consumption 0oan! Sub6ect to a minimum of Rs!)774+! Service taA is to be recovered at t(e applicable rate! Sanctioning /ut(orit& ma& at t(eir discretion allo* reduction4*aiver are free to recover a (ig(er processing fees on selective basis! Crop ,nsurance?(e production credit is to be covered under National /gricultural Insurance Sc(eme ,N/IS. provided b& t(e /griculture Insurance Compan& of India 0td ,/ICI0.! Xonal Hffices4/dvances cells are aut(orised to *aive t(is reBuirement! Branc(es to debit actual crop insurance premium from production credit account ,CC/#R.! Do*ever9 no overdra*ing s(ould be allo*ed! It is to be ensured t(at t(e disbursement is made after keeping sufficient balance for debit of all future insurance premiums! Accident ,nsurance/ll 3CC (olders s(all be covered under Personal /ccident Insurance upto Rs!)79 7774+ as per t(e eAtant guidelines of 3isan Credit card sc(eme! ?(is is done under a master polic& *it( Ba6a6 /lliance #eneral Insurance Co 0td b& Central Hffice and t(e premium amount of Rs! ) *ill be incurred b& t(e Bank! /lso9 in case of a claim ,due to accidental deat(9 partial disabilit& or total disabilit&.9 branc(es s(ould take up t(e matter *it( Bank /ssurance Cell in Retail Banking department at CH for an earl& claim settlement! ?(e proceeds of insurance are to be credited to CC/#R account of t(e borro*er! ,nsurance o! Assets/ll t(e securities ,Building9 eBuipment and Ve(icles. created out of t(e loan or ot(er*ise are to be insured for full value! Branc(es ma& take t(e (elp of our insurance advisers for t(is purpose! Dis0ursement>

-(erever cas( disbursement is to be made ,in case of Production credit4Investment 0oan or Consumption 0oan.9 t(e funds s(ould be credited to t(e operative ,SB4CC. account of t(e borro*er and s(ould be *it(dra*n t(roug( c(eBue leaf! Investment 0oan Investment loan is to be disbursed in one or more instalments depending upon t(e progress of *ork! In case of Investment loan for purc(ase of implements4 eBuipments4ve(icles9 t(e borro*er s(ould be asked to deposit t(e margin mone& *it( t(e Bank9 and t(e disbursement is given to t(e dealer4manufacturer4supplier directl& b& DD4 Pa& order along *it( margin! In case t(e implement4 eBuipment is alread& purc(ased b& t(e Borro*er9 disbursement is permitted after inspection b& t(e Bank2s official and after getting t(e stamped receipt and invoice! ?(ese purc(ases s(ould not be older t(an C) da&s! Cas( disbursement ma& be made for purc(ase of animals9 construction of farm s(ed etc! and t(e relative receipt is to be obtained *it(in ') da&s of disbursement! ?(e labour component in Investment loan can be released in cas( after getting *ritten reBuest cum declaration from t(e Borro*er! Repa'mentProduction Credit /nnual revie* and rene*al in ever& t(ree &ears! Branc(es s(ould encourage Borro*ers to bring t(e sale proceeds of t(eir agricultural produce to t(eir CC/#R a4c ! Consumption 0oan and Investment 0oan /ll t(e investment loans ,eAcept (orticulture pro6ects. and consumption loan s(ould be repa&able *it(in a maAimum period of ) &ears! Repa&ment period up to C &ears is permitted in case of (orticultural pro6ects *(ic( is inclusive of moratorium period upto maAimum of $ &ears! Sanctioning aut(orities to ensure t(at pro6ects (aving sufficient cas( generation in t(e residual loan period ,I!e! total period minus moratorium period. to ensure repa&ments onl& are considered! / suitable moratorium ma& be allo*ed upto maAimum of " &ears in case of Investment 0oan ,eAcept (orticulture pro6ects and ve(icle loans.! ?(e instalments s(ould be mont(l&4Buarterl&4Dalf &earl&4&earl& depending on (arvesting of crop and ot(er income sources like dair&9 salar&9 ot(er emplo&ment etc! depending on t(e income stream t(e repa&ment of ve(icle loans is to be fiAed at mont(l&4Buarterl& or (alf &earl& intervals and t(e maAimum moratorium for ve(icle loan is to be restricted to > mont(s!

>"

Penal ,nterest"L p!a! on overdue amount!

DocumentationBorro*er; Demand Promissor& Note for Production Credit 0etter of *aiver cum DP Note deliver& letter for Production Credit 0oan cum (&pot(ecation Document Q /CD ! Simple ,Registered. <ortgage + /CD " 4 %Buitable <ortgage ,/CD+'/ I 'B.! Dul& signed PDCs along *it( covering letter Duplicate cop& of t(e sanction letter dul& signed b& t(e borro*er4s and guarantor4s! / letter addressed to t(e Village Revenue Hfficer advising (im to record t(e c(arge of t(e Bank for t(e amount of t(e loan on t(e land records *it( (im! #uarantor; Deed of #uarantee + /CD $! /dditional Documentation for Ve(icles Po*er of /ttorne& for registering t(e ve(icle in favour of one of t(e 6oint account(olders in case t(ere are more t(an one borro*ers / letter of aut(orit& to t(e Bank for effecting disbursement of t(e loan directl& to t(e dealer! R?H forms no!">9 ":9$79$'9$) ;,S and ;onitoring<ont(l& Control Returns to be submitted b& t(e branc(es4Cluster Deads to /dvances Cell4Xonal Hffice for reporting advances! Appraisal and Sanction/pplication for 3isan Po*er s(ould be obtained from t(e proposed borro*ers and also t(e guarantor in t(e prescribed format! Branc(es need to offer comments in t(e proposal on t(e >$

value of t(e main securit&9 collateral securit&9 i!e! value of t(e land being mortgaged to t(e bank and t(e basis of calculation of limit to t(e farmer! ?(e agriculture officers4branc( staffs identified to deal *it( t(e sc(eme is to travel to eac( of t(e individual centres to meet t(e applicants9 verif& t(e details and put up t(e proposal for sanction to t(e Branc( Dead4Cluster Dead! ?(e recommending and t(e sanctioning aut(orit& s(ould sign t(e proposal! Pre sanction ?isit?(e focus of visit s(ould be on an evaluation of t(e income stream of t(e borro*er9 and a compre(ensive assessment of credit needs taking into account track record9 credibilit&9 capabilit&9 as *ell as tec(nical viabilit& of t(e eAisting and proposed activities! S(ort+term credit needs of t(e farmer s(ould include all reBuirements directl& and indirectl& related to production9 post (arvest and (ouse(old eApenses! Repa&ment capacit& s(ould be assessed on t(e basis of aggregate (ouse(old income from all sources including crop production and ancillar& activities! ?(e follo*ing details s(ould be observed during farm inspection; Necessit& of t(e development4s proposed to be undertaken! ?(e crops cultivated and suitabilit& of t(e crops proposed after t(e development Past eAperience in t(e activit& In case of Investment 0oan9 it s(ould be ensured t(at t(e land on *(ic( t(e developments are proposed is available as securit&! Additional guidelines !or ?e<icles<argin pa&ment s(ould be made to t(e Bank and under no circumstances9 t(e Borro*er s(ould be allo*ed to pa& directl& to t(e dealer and produce a receipt! Registration of ve(icles and Stamped receipt from dealers for t(e cost of t(e ve(icle financed b& us s(ould be obtained! Hur c(arge on t(e ve(icle s(ould be eAplicitl& mentioned! Registers to 0e maintained 0oan /pplication Receipt cum Disposal Register <ortgage Register Document %Aecution Register Reco&er'>'

Sanctioning aut(orit& to designate an officer ,In t(e cluster DW4 Stand alone branc(. for recoveries! De s(ould monitor t(e accounts regularl& and initiate action9 *(enever reBuired! Branc(es ma& seek (elp of outsourced agencies for recover&! ?(e appointment of outsourced agenc& s(all be sanctioned b& VP/F after doing a cost benefit anal&sis!

Direct "inancing to "armers !or Cattle Loans t<roug< DairiesG Cooperati&es"acilit'?erm 0oan Purpose Purc(asing <ilc( animal Construction of s(ed for keeping cattle! E%tent o! "inance?(e eAtent of finance s(all be =)L of t(e cost of animals4 s(ed constructed! ?(e borro*er2s o*n contribution s(all be to t(e eAtent of minimum 0evel 5nit Cost Committee of N/B/RD! Amount<inimum /mount; Rs! $79777 <aAimum /mount; Rs! "9779777 M?(e cost per cattle is assumed to be around Rs! =9777+ :9777! /s per t(e eligibilit& criteria borro*er (as to purc(ase a minimum of t*o milc( cattle from loan amount (ence9 t(e minimum availment s(ould be around Rs! $79777 keeping a margin of ) L b& farmer! >) )L of t(e total cost of cattle purc(ased4s(ed constructed! ?(e minimum indicative costs can be found out from t(e State

Age/n& ma6or individual pursuing dair& farming activit&! Eligi0ilit' CriteriaFarmer s(ould (ave a record of suppl&ing minimum 7 litres of milk per da& on an average for at least one &ear *it( t(e Village Dair& Cooperative Societ&! ;argin15 H of value of cattle to be purc(ased and4or s(ed to be constructed! Rating?(e score s(eet for agricultural advances ma& be used for t(e purpose! ?(e farmer *it( a rating of / and /" ma& be considered for t(e loan! Tenor<aAimum period of Four Jears from t(e first transaction of disbursement to borro*er *it( a maAimum moratorium period of $ mont(s before start of principal repa&ment! ;KC Commission?(e Dair& *ill be paid 7!)L of t(e loan amount as commission for acting as an <IC agent for t(e Bank! Documentation D&pot(ecation cum ?erm 0oan /greement! #uarantee from Village Dair& Cooperative Societ& format is being finalized in consultation *it( 0a* Dept! Personal #uarantee from member of dair& coop societ& or t(ird part&! 0etter addressed b& Borro*er to Sponsor and Sponsor to Bank!

>>

 0etter of comfort4#uarantee from Dair&4<ilk 5nion <IC /genc& agreement bet*een t(e Dair& and t(e Bank! Repa'ment?(e repa&ment *ill be made t(roug( escro* mec(anism *it( a maAimum moratorium of $ mont(s! ?(ereafter9 t(e loan is to be repaid in maAimum ' &ears in mont(l& instalments. Rate o! interest?(e pricing *ill be irrespective of t(e rating; 0oan /mount Rs! $79777+"9779777 Rate BP0R+$L Penal interest-

/bove Rs! "9779777 BP0R+$!)L "!77L p!a! on t(e overdue interest and instalments! Prepa'ment C<argesIn case of prepa&ment of loan *it(in one &ear from t(e disbursement; "L of t(e amount prepaid! Securit'Primar&; D&pot(ecation of cattle financed b& t(e Bank and ot(er movable assets! Collateral; 0etter of Comfort4#uarantee b& t(e 5nion against t(e loan #uarantee from Village Dair& Cooperative Societ&4Personal #uarantee! In case t(e loan amount eAceeds Rs! borro*er or create a mortgage of land in favour of t(e Bank! ,nsuranceCattle4S(ed *ill be compre(ensivel& Insured *it( t(e beneficiar& clause as 5?I Bank 0td! ?(e premium pa&able is added in t(e cost of t(e pro6ect! Processing "eelak( t(e same *ould be furt(er secured b& noting of t(e Bank2s c(arge on t(e land records of t(e

>C

7!)L of t(e total loan amount

Ot<er Terms and ConditionsIn case guarantee is not available from Village Dair& cooperative9 a guarantee from a person *it(in t(e group or a guarantee from a t(ird person acceptable to t(e Bank s(ould be obtained! ?(e personal guarantee (as to be obtained from a guarantor s(ould o*n (is4(er o*n tractor4o*n at least " acres of irrigated land4' acres of dr& land emplo&ed in government9 semi government emplo&ment in t(e categor& of Scale III and above or *orking *it( an& reputed private sector undertakings at a respectable positions Running o*n business and (aving assets *it( a market value eBual to t(e amount of t(e loan! ?(e Branc( *ill reserve t(e rig(t to re6ect an& loan application based on its o*n appraisal9 (aving rig(t to conduct inspections *it(out an& prior notice! In case t(e Borro*er stops suppl&ing milk to t(e 5nion t(e entire loan amount s(all be repa&able in lump sum4 recalled! *enc< mar+ing- 5Out o! $47

Score of "> and above ")+" >+"7 T > Score S<eet !or Dair'G;il+ Cnion-

/ /" /$ /'

Parameters

Score Positive P/? for past $ &ears; )

Scoring

"inancial Dair'GCnion

Per!ormance

o!

Positive P/? for " &ears out of $ &ears; $ Negative P/? for for " &ears and above out of past $ &ears; 7

>=

0ess t(an C da&s; ) ;il+ Pa'ment c'cle <ore t(an C and 5pto ) da&s; $ <ore t(an ) da&s; 7

E%tension Ser&ices a&aila0le t<roug< Dair'G ;il+ CnionCattle "eed ?eterinar' ser&ice Arti!icial ,nsemination

/ll t(ree services provided; ) ?*o out of t(ree services provided; $ Hne service provided; " Not provided; 7

A&erage capacit' utilisation o! ;il+ Processing Plant o&er past $ 'ears

/bove >7L; ) Bet*een >7L+')L; $ 0ess t(an ')L; 7

A&erage dail' mil+ supplied per <ore t(an 7 litres; ) !armer mem0er o&er current Bet*een )+ 7 litres; $ 0ess t(an ) litres; 7 !inancial 'ear

Collateral Securit' a&aila0le !rom #uarantee or cas( margin; ) Cnion 0etter of Comfort; $

Direct "inancing to "armers under Contract "armingContract farming can be defined as an agreement bet*een farmers and processing and4or marketing firms for t(e production and suppl& of agricultural products under for*ard agreements9 freBuentl& at predetermined prices! ?(e arrangement also invariabl& involves t(e purc(aser in providing a degree of production support t(roug(! ?(e basis of suc( arrangements is a commitment on t(e part of t(e farmer to provide a specific commodit& in Buantities and at Bualit& standards determined b& t(e purc(aser and a commitment on t(e part of t(e compan& to support t(e farmer2s production and to purc(ase t(e commodit&! ?(e >:

intensit& of t(e contractual arrangement varies according to t(e dept( and compleAit& of t(e provisions in eac( of t(e follo*ing t(ree areas; ;ar+et pro&ision- ?(e gro*er and bu&er agree to terms and conditions for t(e future sale and purc(ase of a crop or livestock productG Resource pro&ision- In con6unction *it( t(e marketing arrangements t(e bu&er agrees to suppl& selected inputs9 including t(e inputs reBuired for land preparation and tec(nical adviceG ;anagement speci!ications- ?(e gro*er agrees to follo* recommended production met(ods9 inputs regimes and cultivation and (arvesting specifications! Parties to t<e contract !arming !inancing Farmer Bank Sponsor Sponsor can act as management and Collection agent to undertake t(e follo*ing functions; Identification and screening of borro*ers! Completing application form and ot(er formalities like getting eAtracts of land records9 no due certificate etc! of t(e proposed borro*ers! Recommending t(e Bank for loan! #etting securit& documents eAecuted b& t(e borro*er after sanction from t(e Bank and for*arding t(e same to t(e Bank! Pa&ing t(e amount to t(e farmer disbursed b& t(e Bank! #etting stamped receipt from t(e borro*ers in token of (aving received t(e amount of loan and p7ass on to t(e Bank! /fter t(e suppl& is over9 sending to t(e Bank t(e entire proceeds pa&able to t(e farmer! In case amount pa&able to farmer b& t(e sponsor is less t(an loan outstanding9 to recover t(e balance amount from t(e farmer and remit to t(e Bank against t(e loan out standings! Submitting t(e mont(l& <IS! Eligi0ilit' CriteriaCultivable fertile land of $ acre and above! It (as to be supported b& land documents like Patta9 c(itta9 adangal9 C4 "9 =4/ eAtract ,confirming o*ners(ip9 crop pattern etc. etc! RatingC7

?(e individual account *ill not be rated in vie* of t(e structure of t(e sc(eme and comfort available from Sponsor! Sanctioning and Dis0ursement o! LoanBank and t(e sponsor based upon t(e scale of finance as decided b& t(e D0CC of t(e lead Bank or a mutuall& agreed upon scale *ill be arrived upon b& t(e Bank and t(e sponsor! ?(e disbursement of loans *ill be effected to t(e credit of current a4c to be opened b& t(e sponsor *it( our Bank eAclusivel& for t(e said purpose! In order to make t(e disbursement to t(e farmers *(o are located at different centres9 t(e sponsor *ill open a current account *it( an& ot(er local bank9 again eAclusivel& for making disbursement of loans to t(e farmers! ?(e sponsor *ill also arrange to obtain a stamped receipt from t(e farmer borro*ers in token of (aving received t(e amount of loan! ?(e agriculture eAtension officers of sponsor *ill identif& t(e individual farmers and complete all t(e documentation formalities as prescribed b& t(e Bank! /fter t(e satisfaction of our branc( personnel about t(e completion of documentation formalities9 our branc( *ill issue a consolidated c(eBue favouring t(e sponsor2s dedicated current account *it( our bank! Sponsor *ill arrange to provide us t(e transactions details of t(e loan disbursement account on a mont(l& basis certified b& a C(arted /ccountant! AmountDepending on scale of finance as decided b& t(e D0CC of t(e lead Bank per acre of landG or *(at is mutuall& agreed upon b& t(e Bank and t(e sponsor9 as t(e case ma& be! Rate o! ,nterestC!77L+ "!77L per &ear! Pa&able (alf &earl& depending on case to case basis! TenorDuration of t(e crop plus t*o mont(s Securit'-

 D&pot(ecation of crop! 0etter of #uarantee 4 Comfort letter ,in absence of t(e letter of guarantee. from t(e sponsor Collateral Securit'Nil ,nsurance-(erever available t(e crop s(ould be insured *it( standard bank clause! Processing "eesNil Dis0ursement?(e agriculture eAtension officers of sponsor *ill identif& t(e individual farmers and complete all t(e documentation formalities as prescribed b& t(e Bank! Sponsor *ill for*ard our branc(9 t(e individual applications for t(e loan along *it( t(e reBuired documents as detailed in t(e sc(eme! /fter t(e satisfaction of our branc( personnel about t(e completion of documentation formalities9 our branc( *ill issue a consolidated c(eBue favouring t(e sponsor2s dedicated current account *it( our bank! ?(e sponsor *ill arrange to obtain a stamped receipt from t(e farmer borro*er in token of (aving received t(e amount of loan and pass on to t(e Bank! Sponsor *ill arrange to provide us t(e transactions details of t(e loan disbursement account on a mont(l& basis certified b& a C(arted /ccountant! Repa'ment/fter t(e suppl& is over9 sponsor s(all send to t(e Bank t(e entire proceeds pa&able to t(e farmer! ?(e bank *ill make balance pa&ment to t(e farmer after deducting t(eir crop loan dues! In case amount pa&able to farmer b& t(e sponsor is less t(an loan outstanding9 sponsor C"

*ill recover t(e balance amount from t(e farmer and remit to t(e Bank against t(e loan out standings. Hur branc( *ould conduct inspection on a (alf+&earl& basis or as decided b& t(e Bank to verif& t(e crop! Hur branc( *ould also verif& t(e books of accounts of t(e sponsor at (alf &earl& interval to verif& t(e disbursal of loan as per t(e sc(eme! /lso9 if reBuired an eAternal auditor *ould be appointed to audit t(e accounts! Ot<er TermsSponsor *ill sign < I C agenc& agreement *it( t(e Bank!

Education Loan-

/Ais BankFs Stud& Po*er aims to provide financial support to deserving students for pursuing (ig(er professional or tec(nical education in India and abroad! ?(e loan *ould be provided to students *(o (ave obtained admission to career+oriented courses eg9 medicine9 engineering9 management etc!9 eit(er at t(e graduate or post+graduate level!

Luantum o! loan?(e Buantum of finance under t(e sc(eme is capped at Rs! 7 lacs for studies in India and RS C$

"7 0acs for studies abroad9 *(ic( cover tuition fees9 (ostel c(arges ,if an&.9 cost of books9 etc! ?(e minimum amount of loan *ould be RS )7777!

;arginNo margin for loans upto Rs ' lacs! For loans above Rs ' lacs9 )L margin for studies *it(in India and )L for (ig(er studies overseas!

Rate o! interestInterest rates linked to P0R!

Role

o!

t<e

6uardian-

?(e parent,s. or guardian of t(e student *ould be treated as a co+applicant of t(e loan! Dis or (er role *ould be9 necessaril&9 like t(e primar& debtor!

Securit'?(ird part& guarantee and4or collateral securit& ma& be asked for in appropriate cases!

Additional Securit'/ssignment of 0IC Polic& in favour of t(e Bank for t(e sum assured being at least 77L of t(e loan amount! ?(e polic& is kept alive during t(e currenc& of t(e loan! ?o ensure t(is9 t(e annual premium ma& be include in t(e computation of t(e loan reBuirement9 along *it( t(e tuition fees and ot(er recurring c(arges! Furt(er9 t(e future income of t(e student needs to be assigned in favour of t(e Bank for meeting t(e instalment obligations!

Dis0ursement?(e loan *ill be disbursed in full or in suitable instalments taking into account t(e C'

reBuirement of funds and4or fee sc(edule as assessed b& t(e Bank directl& to t(e educational institution or vendor of books or eBuipment or instruments!

Penalt' Nil

!or

earl'

closure-

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A00re&iations and Acron'ms 56lossar'7*an+RBI BIS BCBS N/B/RD DIC#C %C#C ; ; ; ; ; Reserve Bank of India Bank of International Settlement Basel committee on Banking Supervisor& Practices National Bank of /griculture and Rural Development ; Deposit Insurance and Credit #uarantee Corporation %Aport Credit #uarantee Corporation

Deli&er' C<annelsSH0 /?< PIN PHS VbV --S<S ; ; ; ; ; ; ; Service Hut+let /utomatic ?eller <ac(ine Personal Identification Number Point of Sale Verified b& Visa ,Secured Internet Pa&ment S&stem. -orld -ide -eb S(ort <essaging Service

O&erseas ,n&estorC)

FII NRI PIH FDI

; ; ; ;

Foreign Institutional Investor Non Resident Indians Persons of Indian Hrigin Foreign Direct Investor Hverseas Corporate Bod&

HCB ;

"i%ed DepositS?D <IC WIC RIC ; ; ; ; S(ort ?erm Deposit <ont(l& Income Certificate Wuarterl& Income Certificate Re+Investment Certificate

,nterest0IBHR <IBHR ; ; 0ondon Inter Bank Hffered Rate <umbai Inter Bank Hffered Rate

Pa'ment and Settlement S'stemIDRB? INFIN%? SF<S ; R?#S ; N%F? IFSC S%F? %CS S-IF? <ICR ; RegulatorsC> ; ; Institute for Development and Researc( in Banking ?ec(nolog& Indian Financial Net*ork

Structured Financial messaging Solution Real ?ime #ross Settlement ,S&stem. ; ; ; ; ; National %lectronic Fund ?ransfer ,S&stem. Indian Financial S&stem Code Special %lectronic Fund ?ransfer %lectronic Fund ?ransfer Societ& for -orld -ide Inter Bank Financial ?elecommunication ,Net*ork. <agnetic Ink C(aracter Recognition

/<FI ; IRD/ ; S%BI ; CBI0 ; ,n&estmentCRR ; S0R ; /0< ; /0CH ; R%PH ; #DR ; /DR 6eneralBP0R ; FCNR ; NR% F%</ F%R/ F%D/I D5F CHPR/ ?DS 3JC F/?% FI5+IND C/R CR/R ; NRH ;

?(e /ssociation of <utual Funds in India Insurance Regulator& and Development /ut(orit& Securit& and %Ac(ange Board of India Credit Information bureau ,India. 0td!

Cas( Reserve Ratio Statutor& 0iBuidit& Ratio /ssets liabilit& <anagement /ssets 0iabilit& Committee Reverse Purc(ase Hrder #lobal Depositor& Receipt ; /merican Depositor& Receipt

Benc(mark Prime landing Rate Foreign Currenc& Non Resident Non Resident %Aternal Non Resident Hrdinar& ; ; ; ; ; ; ; ; ; ; ; Foreign %Ac(ange <anagement /ct9 ::: Foreign %Ac(ange Regulation /ct9 :C$ Foreign %Ac(ange Dealers /ssociation of India Dindu 5ndivided Famil& Consumer Protection /ct! ?o ?ake Public Complaints against t(e Public /ut(orities ?aA Deductible at Source 3no* Jour Costumer Financial /ction ?ask Force Financial Intelligence 5nit India Capital /deBuac& Ratio Capital to Risk+-eig(ted /ssets Ratio CC

Hmbudsman ;

#//P NP/ S/RF/%SI #R/C%

; ; ; ;

#enerall& /ccepted /ccounting Principles Non Performing /ssets Securitisation enforcement of and Reconstruction of Financial /ssets and Securities Interest ,/ct.

#round Rules and Codes of %t(ics

Appendi% ***!aAisbank!com 8ournals Circulars /nnual Report

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