LOANS IN SBPP

ORGENISATION STRUCTURE OF LOAN DEPARTMENT

Organization Structure of Loan Department

Board of Directors

General Manager

1 Assistant General Manager

2 Executive Officers

Head of App. Receive Department

Head of Department

Head Recovery Department

5 Officers

1 Ass.Acc

5 Officers

1 Ass.Acc

5 Officers

1 Ass.Acc

1 Clerk

1 Clerk

1 Clerk

1 Clerk

1 Clerk

1 Clerk

Loan Procedure in
1. Submission of the application form 2. Primary Assessment 3. Appraisal of application 4. Branch Heads Recommendation

5. Final Assessment
If rejected

Send to corporate office

6b. Rejected application is send back to the applicant

If accepted

6a. Decision of the lending committee 7. Executive given by the board 8. Completion of the formalities

9. Disbursement of loan

I.

The main and the first step is the submission of the duty filled from or the loan application it is the choice of customer that which type of application he wants to give depending upon the needs. For Example: car loans education loan in the case of advances payments of the fees particular fees is also required to be paid.

II.

Now the primary assessment is to be done. Here the financial details of the application. Example: pan number etc. the income proof is checked that is the salary slip (salaried application), P & L A/c, Balance Sheet and IIR (self employed) after primary assessment one come to know about the details of the application his genuine, his repayment capacity his purpose for loan etc.

III.

The appraisal is moving one step ahead that is to analysis the applicants eligibility as per the norms provided by the considering his gross income after deducting his liabilities, his actual repayment capacity is checked as per norms.

IV.

After referring the application form an appraisal branch head put his recommendation whether to accept the application or not and send it the corporate office.

V.

At the corporate office the final assessment is to be done and decision is taken to reject the application repay is forwarded to the particular branch from where the application has been received.

VI.

The branches have the power to take the major decision on the sanctioning of the loan.

VII.

After the full completion the disbursement of the loan in the hands of the head office.

VIII.

If the application is accepted then the other formalities are completed. Example: The submissions of the other necessary documents, payments of the other charges, payment of the margin money, post datedcheques are also deposited.

SOME

IMPORTANT

ASPECTS

OF

LOAN

PROCEDURE:
Bank gives a permission to branch only to give F.D. agits-loan. If the amount up to 500000 then it is necessary to have signature of Executive and Director General Manager. If the amount above 500000 then it is necessary to have signature of Executive and Director General Manager. In mortgage loan up to 100000 it is necessary to have the signature of Executive and Director General Manager and General Manager. * If General Manger is not present then Assistant General Manager and Director General Manager signature can consider.

TYPES OF LOAN PROVIDED AT SBPPCB

Home Loan Home loan is for purchase/construction of flat/bungalow/house. Our housing loan is available on competitive interest. This home loan is available for 5 to 15 year. So, as your convenience you can select your home loan period and also you can plan for easy installment. Purpose: Purchase/Construction of property. Extend/Renovate/Repair of house or flat owned by yourself. Take over existing housing loan. Features: Long term housing loan (5 to 15 years) Margin 20% Easy Process Interest charged on actual reducing balance No Hidden charges

 Nominal Processing charges No Prepayment Penalty Interest will be charged on daily product bases. Margins: 20% Margin for Home Loan

Interest Rates as implemented on : 5/16/2008 Period Up to 5 years Up to 10 years Up to 15 years Eligibility: You must be at least 21 years of age when the loan is sanctioned. Repayment: Repayment in easy installments spread up to 15 years. (based on your age and repaying capacity). You may pay more than your stipulated monthly installment at any date within a month, depending upon availability of funds Interest Rates (in %) 10.5 11 11.5

with you. This would enable you to pay off your loan faster and reduce your interest burden. No Prepayment Penalty. Takeover of Loan If you have already taken a housing loan from any other bank/financial institution and want to avail of the benefit of our low rates of interest, we can take over the loan you have availed from other financial institute. Documentation: 1. Required Documents for Assets For Purchase Allotment Letter Other proof for purchase/construction

For Construction Approved Plan, Approval Letter, Construction Estimate,

Necessary proof of Assets 2. Income Proof If the applicants has his own business then Last three years IT Returns, Profit & Loss Ledger,

Balance Sheet, Property Ledger.

Copy

of

Computation

of

income

tax,

Tax

acknowledgement and Assessment order. (If you are eligible for income tax) For Employee Last Pay-Slip/ Salary Certificate/Copy of form no. 16.

Copy of salary Certificate of whole year. (From 1.4. ______ to 31.3. ______ ) also. 3. Business Proof Registration of business certificate (Gumasta Dhara License)/ or copy of Sales tax no. 4. Residence Proof Copy of City Survey or Tax bill of your existing house/Rent Receipt/Ration Card/Driving License. 5. Addition information required for guarantee Details of L.I.C. Policy with receipt. N.S.C./K.V.P./Term Deposits of our Bank. If P.P.F. is deducting from your salary then copy of that

6. Information of Bank Account Bank Statement of last 6 months or passbook which should have record of last six months. 7. One Guarantor Guarantor assets proof, Copy of city survey or Share certificate, copy of 7/12, Tax-bill and receipt. Income proof. The following other documents are needed for Title Investigation. a) Duly stamped Agreement for sale with builder/society in case of first sale. b) Duly stamped Agreement for resale with the present owner including all previous Intervening Agreement. c) Conveyance Deed in favor of builder/society (in case of builder, if there is no conveyance, then Agreement to sell land and development Agreement). d) Transfer form executed by the present owner in case of society. e) Receipt of Registration fees (filling fees) issued by the Sub-Registrar of Assurances in respect of Agreement for Sale/Re-sale/Conveyance Deed. i) N.O.C. from the builder for the proposed mortgage.

OR ii) N.O.C. from the society for the proposed mortgage. f) Commencement Certificate/Development permission granted by the competent Authority (viz. Municipal Corporation/ Gram Panchayat as the case may be of the concerned area) for constructing the building. g) Approved building plan (approved by the Competent authority), Municipal concerned area. h) Occupation/Completion Certificate granted by the Competent authority (viz. Municipal Corporation/ Council or Gram Panchayat as the case may be, of the concerned area) in respect of the building. i) Title Report/ Certificate from the Solicitor/ Advocate of the builders/ sellers regarding the said property. j) Valuation report from approved valuer. Share Certificate in the name of (applicant) issued by the Cooperative Hsg. Society (after the applicant becomes member) Letter of possession. Original receipt of payment Any other document/certificates needed as per requirement. 2. Personal Loan

This loan is for personal purpose e.g. family holiday tour, medical treatement, education expenses, marriage etc. Repayment tenures are up to 60 months. Purpose: Any personal use Business use. Features: Loans available for 60 Months. Easy Process Interest charge on actual reducing balance No Hidden Charges Nominal Processing Charge No Prepayment Penalty Interest will be charges on daily product bases. Eligibility: You must be at least 21 years of age when the loan is sanctioned. Interest Rates as implemented on 1/1/2006 ; 12.00%

Repayment Repayment in easy installments spread up to 60 months. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. There is No Prepayment Penalty in home loan. Documentation: Latest 3 months Bank Statement (where salary/income is credited) Latest 2 salary slips Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current job (Form 16 / Company appointment letter) Proof of Continuity current profession (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card

 Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Highest Degree (for Professionals / Govt. employees)

3.

Loan for Self Employed and Professionals

This loan is for those who are self employed and professionals, like Doctor, Lawyer, Teacher, Chartered Accountant. This loan is available for 12 month to 60 months with competitive interest rates. Purpose: For Equipments, Furniture & Business Property. Features: Loans available for 12-60 months. Margin 20% Easy Process

 Interest charge on actual reducing balance No Hidden charges Nominal Processing Charge No Prepayment Penalty Interest will be charged on daily product bases. Special Scheme for Doctors 100% finance for vehicle/equipments. Eligibility: 1. 2. Margins: 20 % Margin for personal loan for business purpose Interest Rates as implemented on : 1/1/2006 10.50 % Interest yearly Repayment Repayment in easy installments spread up to 12 to 60 months. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds Professionals Self employed

with you. This would enable you to pay off your loan faster and reduce your interest burden. No Prepayment Penalty. Documentation: Latest 3 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current profession (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification (for Professionals / Govt. employees) 4. Business or Industrial Loan

This loan is for Business man and industrialist who are planning for new plant machinery, fixed assets or else they want to upgrade their old machinery. Even they can take loan for cash credit, overdraft, working

capital term loan, cash purchase cum credit sales, bills discount against L.C., etc.

Purpose: Purpose for business and industries (for plant machinery, fixed assets, cash credit, overdraft, working capital term loan, cash purchase cum credit sales, bills discount against L.C., bills discount. Features: Finance for total project Finance for machinery, stock Quick Response. Loans available for 3 years and more. Margin 20% Easy and Simple Process Interest charge on actual reducing balance No Hidden Charges

 Nominal Processing Charge No Prepayment Penalty Interest will be charged on daily product bases. Margins: 20% Margin for Personal Loan MPBF Maximum Permitable Bank Finance Repayment Repayment in easy installments spread up to 3 year to more than 5 years also. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. No Prepayment Penalty.

Takeover of loan If you have already taken a business loan from any other bank/financial institution and want to avail of the benefit of our low rates of interest, we can take over the loan you have availed from them. Documentation: Latest 6 months Bank Statement (where salary/income is credited)

 Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current profession (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Degree (for Professionals / Govt. employees) 5. Consumer Loan

Consumer loan is for purchase all consumer items. This loan is available for anyone (like businessman, employed, self employed, Profession). Purpose: Purpose for any consumer item. (TV, Washing Machine, Refrigerator, AC. Etc.)

Features: Long term loan up to 60 months (5 years) Easy Process Interest charge on actual reducing balance No Hidden Charges for administrative work. Nominal Processing Charge No Prepayment Penalty Interest will be charged on daily product bases.

Eligibility: 1. 2. 3. 4. Salaried Individuals Professionals Self Employed Individuals Businessman

Margins: 30 % Margin Interest Rates & Installments as implemented on 1/1/2006

Consumer Loan Interest of Consumer Loan

Interest Rates 13.00 %

Repayment Repayment in easy installments spread up to 5 years, based on your age and capacity. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. No Prepayment Penalty. Documentation: Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of Continuity current business or industries Certificate of business continuity issued by the bank) (IT Returns/

 Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Quotation. 6. Vehicle Loan

We are giving two kinds of vehicle loan.

1.

For Personal Vehicle (Two Wheeler / Car Loan)

Vehicle Loan is available for purchase two wheeler (like scooter, bike, ..) or four wheeler. Bank offer convenient installment and competitive interest rates on vehicle loan.
2.

For Commercial Loan Vehicle using for commercial purpose.

Purpose: Personal vehicle (two wheeler/ car loan) Commercial vehicle Features:

 Long term loan up to 60 months (5 years) Easy Process Interest on actual reducing balance No Hidden Charges for administrative work. Nominal Processing Charge No Prepayment Penalty Interest will be charged on daily product bases. Eligibility 1. Salaried Individuals 2. Professionals 3. Self Employed Individuals 4. Businessman Margins: 20 % Margin For Vehicle Loan Interest Rates & Installments as implemented on 1/1/2006 Detail Interest Rates Interest of Consumer Loan 12.00 % Limit Lac 15 20 % in Margin

Repayment Repayment in easy installments spread up to 5 years, based on your age and capacity. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. No Prepayment Penalty. Takeover of loan If you have already taken a business loan from any other bank/financial institution and want to avail of the benefit of our low rates of interest, we can take over the loan you have availed from them. Documentation: Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of Continuity current business or industries (IT Returns/ Certificate of business continuity issued by the bank)

 Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Quotation from dealer.

7.

Education Loan

To provide financial assistance by way of loans to the meritorious students in order to encourage them to start the full time Graduate/ Post Graduate professional course in private professional colleges and universities for developing the technical skills in various disciplines viz. medical, engineering, management, computer science etc. Purpose: Further Education. (for books, necessary equipments, stationery, fees, hostel fees, college fees, etc.)

Features: Long term loan up to 2 years Easy process Interest charge on actual reducing balances No Hidden Charges for administrative work. Nominal Processing Charge No Prepayment Penalty Eligibility Criteria: Students should have consistently good academic record. Students should have secured admission in College/ University against merit or payment seat. The college must be affiliated to the university or Institute having Central / State government recognition. The course must be recognized by the concerned government body. Computer course with placement assurance by the

company/institute/agency.

Amount of Loan: Cost of education will cover following expenses for the whole duration of course. Tuition fees Examination fees Cost of books, stationery, necessary equipments, Hostel fees including lodging & boarding. However, maximum loan can be for study in India and for study in abroad. Loan will be disbursed directly to the college/institute concerned only. The loan will be released every year on the production of proof of continuing education. Margins: 10% to 20% depending on merit of the case.

Interest Rates implemented as on 12/12/2007 Period Education Loan Interest Rates (in %) 10.5

Repayment

 Repayment of loan will commence after 6 months of completion of the course. OR After 6 months of employment whichever is earlier. However, the feasibility of repayment of the loan by father/natural guardian during the period of loan should be explored. Monthly interest must be paid by parent/guardian positively.

Security: Property / liquid security.

8.

Loan against Shares

(Joint Stock Company in Demat Form):

This loan can be use for any purpose. If you have shares of joint stock company then you can also take a loan against that. Loan amount can determined on the basis of the valuation of share pledge by you. This is for if you have shares of joint stock company and that you dont want to sell it, in that case bank can give you a loan against this security. Purpose: For any purpose.

Features: Instant loan against shares (joint stock company) Low interest rates Long term loan up to 60 months ( 5 years) Easy Process Interest charge on actual reducing balances No Hidden Charges for administrative work Nominal processing charge ATM service No Prepayment Penalty

Eligibility: You must be share holder of joint stock company. You must be at least 21 years of age when the loan is sanctioned. The loan must terminate before or when you turn 65 years of age or before retirement, whichever is earlier.

 You must be businessman or employed or self-employed or profession with a regular source of income. 1. 2. 3. Margins: 50% Margin for Dematted Shares Interest Rates & Installments as implemented on 1/1/2006 Detail Interest of Interest Rates Limit loan 12.50% 10 Margin 50% Salaried Individuals Professionals Self Employed Individuals

against Shares (Joint Stock company)

Repayment Repayment in easy installments spread up to 5 years, based on your age and capacity. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. There is No Prepayment Penalty in home loan.

Documentation: Copy of Share (Joint Stock Company held in dematted form of approved) Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current business or industries (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Highest Degree (for Professionals / Govt. employees)

9.

Loan against N.S.C./K.V.P./Gov. Security/ L.I.C. Policy

This loan can be for any purpose but it is against N.S.C., K.V.P., or if you have any government security or L.I.C. Policy. Using this you can have instant finance with out breaking your any security. All you have to do is pledge your N.S.C./K.V.P./Government Security or L.I.C. policy and then we will grant you a loan up to a value determined on the basis of the securities pledge by you. Purpose: PurposeFor any purpose. Features: Long term loan up to 60 months ( 5 years) Easy Process Interest charge on actual reducing balances No Hidden Charges for administrative work Nominal processing charge No Prepayment Penalty Eligibility:

1. Salaried Individuals 2. Professionals 3. Self Employed Individuals

Margins: 35% Margin

Interest Rates & Installments as implemented on 1/1/2006

Detail

Interest Rates

Limit in Lack Margin

Interest of loan against 21% (N.S.C./K.V.P./Gov. Security/L.I.C. Policy)

10

35%

Repayment Repayment in easy installments spread up to 5 years, based on your age and capacity. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. There is No Prepayment Penalty in home loan.

Takeover of loan If you have already taken any other loan from any other bank/financial institution and want to avail of the benefit of our low rates of interest, we can take over the loan you have availed from them.

Documentation: Documents of N.S.C./K.V.P./Government Security or L.I.C. Policy. Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current business or industries (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Highest Degree (for Professionals / Govt. employees) 10. Mortgage Loan

This loan available for anyone (like businessman, employed, self employed, Profession), but they should have their own property to mortgage, like flat, house, factory, office, gold etc. You can take this loan for any reason like marriage, well-deserved holiday, medical emergency. In all this case you have property but you would rather not have to sell it, for that we will keep your property, we make valuation of your property and on that bases we give you loan. Loan amount is depending on valuation of your property. Purpose: PurposeFor any reason. Features: Long term loan up to 60 months ( 5 years) Easy process. Interest charge on actual reducing balance Rebate on interest as per rules No Hidden Charges for administrative work Nominal processing charge No Prepayment Penalty

Eligibility: 1. Salaried Individuals 2. Professionals 3. Self Employed Individuals Margins: 20% Margin

Interest Rates & Installments as implemented on 1/1/2006 Details Interest of Mortgage Loan Interest Rates 10.50%

Repayment Repayment in easy installments spread up to 5 years, based on your age and capacity. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. There is No Prepayment Penalty in Mortgageloan.

Takeover of loan: If you have already taken a mortgage loan from any other bank/financial institution and want to avail of the benefit of our low rates of interest, we can take over the loan you have availed from them. Documentation: Proof of ownership Ownership paper of property. Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current business or industries (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed.

 Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Highest Degree (for Professionals / Govt. employees)

11.

Technology Up gradation Fund:

This loan is for technology up gradation for your business. This loan will help you in your business to make your good reputation in market. This loan will give you opportunity for modernization of machinery, for reduction in cost of production, improvement in quality, meeting challenges of global competition. There is special scheme for textile

industry. You will get rebate on regular payments. In this loan Govt. of India gives you 5% interest subsidy also. Purpose: For Technology upgradation. Features: Special scheme for textile industry. Loan benefit for 5 year only from 1999. Rebate on regular payments. Quick response. 5% Govt. of India Interest Subsidy. Margin 10%. Cheaper than cheapest interest rate. Easy and simple process. Interest charge on actual reducing balance Rebate on interest as per rules No Hidden Charges for administrative work Nominal processing charge No Prepayment Penalty No security, collateral or Guarantors required.

Eligibility: You must be at least 24 years of age when the loan is sanctioned. The loan must terminate before or when you turn 65 years of age or before retirement, whichever is earlier. Any individual in the age group of 21-60 involved in the business for at least 3 years. Margins: 10% Margin for Technology Up gradation Loan Interest Rates & Installments as implemented on 1/1/2006 Details Interest Rates

Interest on Technology Up gradation Fund 12.00% (Present Interest Rates 13.4% - 5% subsidy)

Repayment Repayment in easy installments spread up to 1 year to more than 3 years also. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your

loan faster and reduce your interest burden. There is No Prepayment Penalty in Technology Up gradation loan.

Documentation: Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current business or industries (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed.

 Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Highest Degree (for Professionals / Govt. employees) 12. Loan against Term Deposit

This loan can be use for any purpose (like medical treatment, Instant marriage, any instant incident). So, if you have term deposit (like fixed deposit) in bank then you can have a loan against this deposit. Loan amount can be decided as per your term deposit. This is for your have term deposit and that you dont want to break it. So you get instant liquidity against your term deposit. Purpose: For any purpose.

Features: Liquidity against term deposit so you need not break it. Low interest rates

 Long term loan up to Maturity of Deposit Receipt Easy process. Interest charge on actual reducing balance Rebate on interest as per rules No Hidden Charges for administrative work No processing charge No Prepayment Penalty Eligibility: 1. Salaried Individuals 2. Professionals 3. Self Employed Individuals Margins: 10% Margin for Term Deposit Loan

Interest Rates & Installments as implemented on 1/1/2006 Details Interest Rates

Interest of loan against Term 1% more f TDR Rate % Deposit

Repayment Repayment in easy installments spread up to maturity date. You may prepay at will with no penalty, or pay more than your stipulated monthly installment at any time, depending upon availability of funds with you. This would enable you to pay off your loan faster and reduce your interest burden. There is No Prepayment Penalty in Technology Up gradation loan. Documentation: Latest 6 months Bank Statement (where salary/income is credited) Last 2 years ITR with computation of income/ Certified Financials Proof of turnover (Latest Sales / Service tax returns) Proof of Continuity current business or industries (IT Returns/ Certificate of business continuity issued by the bank) Proof of Identity (any one) Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID Card Proof of Residence (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed.

 Proof of Office (any one) Lease deed/ Utility bill / Municipal Tax Receipt / title deed. Proof of Qualification Highest Degree (for Professionals / Govt. employees)