FORWARDING-CUM-APPRAISAL REPORT FOR TRADE ADVANCES

Corporation Bank
H.O. MANGALORE

Ref. No.
................................................BRANCH
Date

To :
The ZM / AGM / DGM / GM
ZONAL OFFICE / HEAD OFFICE
Nature of Proposal (Use

Date of last Review / Renewal

Health Code
Assigned ( )

Asset Classification

Fresh

Review/Renewal

Addl. Limit / Enhancement

Reasons for delay, if any, in present Renewal / Review

Borrower Gradation

Applicability of
SCC Directive
Yes / No

PROPOSAL
Details of Credit Limits / Sought

Nature of Limit

Existing Limit

Proposed
Limit

Name & Address of the present Banker(s)

of applicant (Applicable for Fresh Proposls)
Trade Name
Location of the Shop / Office
Constitution
Date of establishment

Since when dealing with us

Details of Proprietor / Partner / Directors :

SI. No.

Name of the Proprietor / Partner / Director

Age

Relationship Interse

A P P L I C Since when dealing with us

ATI O N
Main Line of business

Ancillary business, if any

Associate / Sister concerns
Whether the Applicant / Proprietor / Partner / Director/ Trustee is related to any of our
employees?

Yes

S U R E T Name of the Guarantor (s)

Y
Line of Business / Profession

Annual Income

Rs.

Net worth

Rs.

Liability, if any to our Bank

As per the Net

Nature

B A C K G RComment
O U N Don the experience of the applicant in the line of trading activity and on their market reputation. In the cas
description of any other matter of importance for considering the proposal may be furnished here.

WORK
ING

Performance Parameters

For the year ended / ending as on

....................
Actuals

R E S U L T Net Sales
S
% of growth in Net Sales
Purchases
Purchases as % of Sales
Gross Profit
Gross Profit / Turnover Ratio
Net Profit After Tax
Net Profit / Turnover Ratio
Cash Accruals
Stock Retention Period (Days)
S. Debtors to sales (days)
Creditors to Purchase (days)

(Rs. in Lakhs)
....................
Actuals

Comments on Turnover (with specific reference to achievement / non - achievement and reasons therefore for the

F I N A N C I Source of long term funds

AL
Capital
Tangible Net worth
I N D I C AT
Unsecured Loans
ORS
Term borrowings
Total
Application of Funds
Fixed Assets
Non-Current Assets
Net working capital
Total
Current Assets
Cash & Bank Deposits
Stock in hand
Receivables
Trade Advances
Total
Current Liabilities

Bank Borrowings
Sundry Creditors
Advances from Customers
Other Current Liabilities
Total
Current Ratio
Comments on adequacy of long - term funds and liquidity :

OUR
COM
MENT
S

C O N D Resume of accounts (Furnished in Annexure)

UCT
(Comment on - utilisation of limit / routing of turnover / Income earned / excesses allowed and ratification thereof / di
OF
THE
ACCO
UNT

Rectification of Inspection Irregularities (IAD / Statutory Audit / RBI Inspection) : (Furnish dates of Inspection Repo

Value of the Account :

ASSESSMENT OF WORKING CAPITAL AND JUSTIFICATION FOR SANCTION : (for detailed guidelines refer H.O. Circular 122/2001 dt 04.

Project Turnover Method

Permissible Bank Finance Method

1. Projected Turnover

Sales

2. Gross Working Capital (25%

of Projected Turnover)

Gross Profit
Cost of Sales

3. Less
1. Closing Stock
4. Borrowers Margin Min. of 20% of Proj.
Turnover or Proj. NWC whicher is higher
5. PBF [(2)-3]
Break up of limits a
b
CC (B.D.)
c Bills

2. Sundry Debtors less than 6 months

3. Advance to suppliers

CC (Hyp)
4. Other Current Assets
5. Total Curr. Assets - A (1 to 4)
6. Sundry Creditors

Total

7. Other current Liabs

Total Cur. Liabs - B
8. Working Cap. Gap-C (A-B)
9. Less :
NWC (Acual / Proj.) - D
10. PBF

ADDITIONAL DATA - PBF METHOD

Parameters
Inventory Limit
A Stock
Less Margin
Eligible CC (Hyp) Limit
Book Debt Limit
B. Debtors upto .............days
Less Margin
Eligible CC (BD) Limit

Amount
Stock to COS (No. of days) Debtors to sales (No. of days)
Creditors to Purchases (No. of days)
NWC to TCA (%)
Bk. Borrowing to TCA (%) Sundry Creditors to TCA (%)
OCL to TCA (%)

C. Bills Limit
Total Limit
(Not to exceed PBF)

The projected NWC should not be less than 25% of WCG and adequate to ensure a minimum current ratio of 1:25:1
Note : It shall be ensured that the turnover projected by the Borrower and accepted for assessment is in tune with the past trend
out / accepted shall be clearly indicated in your comments here below
Comments :

R E C O M M Terms & Conditions Suggested

E N D AT
IONS
Nature of Limit Extent of Limit Purpose Margin
Rate of Interest Security Repayment Period
Repayment Holiday Amount of EMI Guarantor (s)
Other Conditions, if any

I
CC (Hyp)

II
CC (BD)

RECOMM
E N D AT
IONS
Nature of Limit Extent of Limit Purpose Margin
Rate of Interest Security Repayment Period
Repayment Holiday Amount of EMI Guarantor (s)
Other Conditions, if any

OTHER

Credit Investigation conducted and report is enclosed

Confidential opinion from the Applicants present banker(s)
Not Obained
D E T A I L No Due Certificate / No objection Letter from other banks
S
Sanctioning Authority as per the delegation of lending powers.

Date

Officer / Sub - Manager

SANCTION ORDERS / COMMENTS * OF THE BRANCH - IN - CHARGE

Yes
Obtained

No Details furnished by the A

Not Obained Copy of the Dealer

Obtained

Not Obained

Manager

* In case the proposal does not fall within the delegated powers of the Branch - in - charge the space may be used to record comments / forw

Branch - in - Charge
NATUREOFFACILITY

RESUM
E

1. Running Accounts

OF

Debit Summation

21 DIGIT CODE

Limit Sanctioned

U T I L I S A Credit Summation
TI
Maximum Debit Balance
ON
Minimum Debit Balance
OF
Average Debit Balance
C R E D I T No. of days the account was in credit
Maximum Credit Balance
No. of Cheques returned unpaid for want of funds
Interest earned
Balance outstanding as on ..............
2. Purchase / Discount of Cheques / Bills
Limit Sanctioned
No. of Cheques / Bills Purchased / Discounted
Total Amount

DBC / BDD

Maximum Outstanding
Minimum outstanding
No. of days usually taken for realisation
No. of times excesses were allowed
No. of Cheques returned unpaid for want of funds
R E S U M Interest earned
E
Balance outstanding as on .................
OF

3. Fixed / Terms Loans

D L

U T I L I S A Limit sanctioned
TI
Date of disbursement
ON
Repayment holiday
OF
Highest Liability
C R E D I T Lowest liability
Whether instalments are paid regularly
Date of Re-Scheduling if any
Interest earned
Balance outstanding as on .................
Instalments in arrears
Amount of interest in arrears

Rs.

R E S U 4. Bank Guarantees
ME

Secured BGS
No.

Limit Sanctioned

OTHE
R
BGs issued
LIM I
TS

Partly Secure
Amount

No.

BGs cancelled
BGs outstanding as on ................
Maximum Liability
Minimum Liability
Commission earned
BGs invoked, if any
Balance O/s in Protested Bills A/c.

R E S U 5. Deferred Payment Guarantees

ME

Limit Sanctioned

OTHE
DPGs issued
R
LIM I
T
S

Maximum Liability

No.

Amount

6. Current Accou

Credit Summation

Debit Summation
Maximum Credit

OTHE
R
LIM I
T
S

Minimum Liability

Minimum Credit b

Bal. O/s as on ..........................

Average credit ba

Instalments paid by the Bank

No. of days the A

Balance O/s in Protested Bill A/c

Maximum debit b

Commission earned

No. of Cheques re

Due date of the DPG

Addl. Limit / Enhancement

/ Review

bility of

ective

CMA Reporting

Method of Lending

Yes / No

PTM / PBF

Rs in Lakhs
Proposed
Limit

O/s. Balance

Overdue if any

Type of Account

Networth

Dt. of N.W.St.

Yes

No

As per the Net worth Statement submitted

Extent

ket reputation. In the case of existing client, comment on the conduct of the account(s). A brief
d here.

(Rs. in Lakhs)

........

.................... Actuals /
Provisional

.................... Estimates

reasons therefore for the turnover projected at the time of last assessment) / Profitability :

nd ratification thereof / disqusting features like retun of cheques for want of funds etc.)

dates of Inspection Report and Position of rectification)

efer H.O. Circular 122/2001 dt 04.04.2001

Amount
Actual

Actual

Project

o. of days)

TCA (%)

atio of 1:25:1
n tune with the past trend / reasonable assumptions based on which project turnover is worked

II
CC (BD)

III
DBC / BDD

o Details furnished by the Applicant / Guarantor / s verified and found correct

Obained Copy of the Dealership / Agency / Agreement and Lease Deed Rent Receipt

Obained

Yes
No
Obtained

d to record comments / forwarding remarks.

DBC / BDD

SBD / BE

LRDS

D L

D LS

TL

Partly Secured BGS

Unsecured BGS

No.

No.

Amount

6. Current Account
Credit Summation
Debit Summation
Maximum Credit balance

Amount

Minimum Credit balance

Average credit balance
No. of days the A/c. was in debit
Maximum debit balance
No. of Cheques returned unpaid for want of funds