PROCEDURES UNDERTAKEN BEFORE GRANTING BANK FINANCE & BANKING SERVICES

First of all for a clear cut understanding of the procedures for grating of bank finance and other banking services of UNION BANK OF INDIA,we have to learn about the bank finance and the services provided by the bank. For this,i've categorised areas,they are as follows: above in six major

Accounts & Deposits Retail Loans Cards Insurance & Investment Demat Payment

I am explaining the above mentioned areas one by one.

Accounts & Deposits

UNION BANK OF INDIA provides following in this:CUMULATIVE DEPOSIT SCHEME
Primarily a hosuehold saving plan, the Union Cumulative Deposit Scheme encourages small investors to save in easy monthly instalments over a fixed period of time. Monthly installments can be for any amount starting from as low as Rs.50/- onwards An account can be opened for any period ranging from 6 months to 120 months, in intervals of 3 months The installment amount selected a the start of the scheme will be payable every month The number of installments once selected, cannot be altered. However, in the unlikely case of the monthly installment being discontinued for a valid reason, the account holder can convert the amount of installments already paid, into Fixed or Reinvestment Deposit for a period longer than the remaining period of the Cumulative account. For the period the cumulative account has run, compound interest at the applicable rate is payable Interest at the permissible rate is compounded every quarter. The maturity amount will be paid one month after the deposit of the last installment (latest table giving maturity values available with the branch A pass book will be provided to the depositor.

DEPOSIT REINVESTMENT CERTIFICATE

This is an ideal scheme for investing a lump sum amount where interest is compounded quarterly and paid along with the principal amount invested. Deposits can be made for any period of time from 6 months to 120 months. Deposits can be accepted even for odd periods of time like 37 months, 65 months and 6 days and so on. Minimum amount of deposit will be Rs.100/- in Rural/Semi-urban centres and Rs.500/- in Urban/Metro centres and in multiples thereof. Interest at applicable rate for the period for which the deposit is kept, is automatically reinvested at quarterly intervals. As the Interest is compounded, the amount invested multiplies and matures into an attractive lump sum, thus doubling over a period of time. (Please check with the branch nearest to you for the latest table available on maturity values).

MONTHLY INCOME SCHEME

True to its name, the scheme features interest is payable at the contracted rate every month, on the fixed deposit which is accepted for any period from one year to ten years. Interest is paid monthly at the discounted value (Please check with the branch nearest to you for the latest table on monthly income slabs). Interest is paid/credited to the Savings/current/Cumulative account of the depositor during the last week of every month. First such interest will be paid in the month, following the month in which the deposit is kept.

UNION FLEXI-DEPOSIT
Now, with UBIs Flexi Deposit Scheme you can just sit back and relax, while you enjoy the high returns of a Fixed Deposit in your regular Savings Account. To put it simply, have the best of both worlds! And, Whats more, you get the convenience of a free ATM Card. SALIENT FEATURES PURPOSE This all-new Deposit Scheme has integrated features of the Savings Deposit and Fixed Deposit, namely liquidity with higher interest returns on surplus funds. HOW DOES THE SCHEME WORK The depositor opens a Savings Bank Account with a minimum amount of Rs 10,000/- and will issue standing instructions to UBI to maintain a certain predetermined balance through out the tenure of the account and to transfer the surplus funds over and above the said limit to a Fixed Deposit Account in multiples of Rs 5,000/- with a minimum of Rs 5,000/- for a fixed maturity period. Whenever the outstanding balance in Savings Bank Account goes below the stipulated amount the gap will be bridged by transfer of required funds from depositors Fixed Deposit Account in multiples of Rs 1,000. WHO CAN OPEN AN ACOUNT All individuals, singly or jointly who are eligible to open Savings A/C- this scheme is also open to Non-Resident Indians who are eligible to open an account as per or existing rules and regulations. PERIOD OF DEPOSIT The Fixed period will vary between 46 days to 5 years.In case of NRI Deposit, minimum period will be one year. AMOUNT OF DEPOSIT A minimum Rs 10,000/- as a Savings Bank Account. A Minimum of Rs 5,000/ - as a Term Deposit(Fixed Deposit), increased in multiples of Rs 5,000/-.

RATE OF INTEREST As applicable to Savings Bank Deposit and Fixed Deposit in force from time to time. Interest will be paid on a quarterly on the Fixed Deposit account. STATEMENT OF ACCOUNT Statement of Account will be issued to the depositor wherein all the details of Fixed Deposits, Savings Account and interest credited will be recorded. No separate Deposit Receipt shall be issued by the Bank. OTHER FEATURES Free credit card to depositors who maintains a minimum balance of Rs. 1.00 lac. In selected cities, a international debit card will be issued free of cost to all deposit holders under this scheme if requested for at the time of opening of the account. Roll over of deposit on maturity is permitted. A penalty of Rs 25/- p.m will be levied in case of non-maintenance of minimum balance in the Saving Account and / or in Fixed Deposit A/C is reduced below the minimum level of predetermined sum. Nomination facility is available. No loan / overdraft / lien will be sanctioned / permitted against FDR held under this Scheme.

CAPITAL GAINS EXEMPTION DEPOSIT SCHEME

The Scheme is in force from 22nd June, 1988. The amount so deposited under this scheme would be required to be utilized by the assesseE, within the specified period, for acquisition of new asset under the respective Section of the Income Tax Act, 1961. Under this scheme, the tax payers can avail of the benefit of exemption from Capital Gains, if the amount of Capital Gains or the net consideration is deposited in the bank on or before the due date of filling the return of income. OPENING OF ACCOUNTS Accounts under the Scheme can be opened only at Semi-Urban / Urban / Metropolitan Branches. Two types of deposit accounts can be opened under this Scheme. DEPOSIT A The deposits made under this account shall be in the form of Savings Bank Deposits. DEPOSIT 'B' Deposit made under this account will be in the form of Term Deposits, with an option to retain the deposit either as cumulative i.e. similar to our DRC Deposit or as non-cumulative i.e. similar to our Fixed Deposit. Such deposits may be made as a single lump sum amount or in instalments at any time on or before furnishing the return of income. WITHDRAWLS Withdrawals under Deposit Account A can be made from time to time by the depositor, subject to prevailing terms and other provisions of the Scheme. Withdrawals under Deposit Account B can be made after the expiry

of the deposit period .

SENIOR CITIZEN SCHEME Union Bank offers an additional rate component (over and above the normal interest rates applicable) to senior citizen on any size of deposit in all of its domestic term deposit schemes. This additional rate component, applicable to domestic term deposits of one year and above is 0.50% over the normal rate. ELIGIBILITY Any person who has completed the age of 60 years is treated as a senior citizen for obtaining the benefit of the additional interest. DOCUMENTATION At the time of opening of a new deposit account, the senior citizen may produce any of the following documents as proof of age. 1) Senior School Leaving Certificate indicating date of birth. 2) LIC policy 3) Voters Identity Card 4) Pension Payment Order 5) Birth Certificate issued by the competent authority 6) Passport 7) Any other document acceptable to the bank VERIFICATION Once the age of a senior citizen is verified for accepting deposit under the special scheme for senior citizens, no further proof of age is required while accepting subsequent deposits or for renewal of deposit of the senior citizen. JOINT ACCOUNT Senior citizen may deposit jointly with other persons below the age of 60, under the special scheme for senior citizen. In such cases the name of the senior citizen is to be given as the first name in the application. MULTI GAINS SAVING ACCOUNT

The Scheme in Brief Multi Gains Savings Account (MGSA) Scheme requires maintaining a minimum balance of Rs.25000/- in a savings account. You can either upgrade your existing savings account to MGSA by filling in a simple declaration form OR open a new MGSA account. Interest will be paid quarterly in the account as against half-yearly in a normal savings account. Free Services A Credit Card will be issued free for the first year with a limit of Rs.25000/- to the individual OR to either of the joint account holder. An International Debit Card will be issued free to the individual account holder OR either of the joint account holder wherever the ATM facility is available. A maximum of two free remittances to anywhere in India aggregating to Rs.25000/- will be allowed in a month. Local / outstation cheques of up to Rs.15000/- will be collected free of charge. The account holder will be provided with 10 cheque books free of cost during a financial year, subject to satisfactory utilization of the cheque leaves. Interest will be paid for unforseen delays in collection of instruments of MGSA account holders. If you desire, your MGSA account can be transferred to any of our branches in India free of cost

NO FRILLS SAVINGS ACCOUNT Open a No Frills saving account with UNION BANK OF INDIA and

avail world class banking facilities maintaining nominal minimum balance. Salient Features of NO FRILLS SAVING ACCOUNT All resident individuals eligible to open a "No frills saving account" subject to the conditions that only one member of the family can open such account in single/joint name/s. Minimum balance required in the account is Rs.25/- in non-CBS branches and in CBS branches average quarterly balance of Rs.25/ No penalty for non-maintenance of prescribed minimum/average quarterly balance. No cequebook facility will be available. One ATM / International debit card will be issued to the account holder.

Withdrawal of cash will be available only through ATM wherever online ATM facility is available. At other branches, withdrawals will be through withdrawal slip.

Number of free customer induced debit entries will be restricted to 30 per half year including debit entries through ECS/ATM. Entries above 30 will be charged @ Rs.5/- per entry. Total credits in the account should not exceed Rs.100000/- in a year. There is no restriction on entries for deposit of Cash/Cheques in the account. Nomination facility is available. The balance in all the accounts of the accountholders taken together in the bank should not exceed Rs.50,000/-. Special facilities under "No Frills Account" for residents of North-eastern states i.e. Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland & Tripura. Clean overdraft upto Rs.500/-once in a year (Conditions apply).

Note: If at any point of time the balance in the NO FRILL ACCOUNT exceeds Rs.50,000/- or total credits in the account in a year exceed

Rs.100,000/-, the account will be treated as normal saving bank account and the facilities attached to "NO FRILLS" will not be available. Union Super Salary Account (USSA) USSA is a unique product packaged to suit the salaried class, with salient features as under: Employees of any Corporate, Institution, Business Organisation, Govt. Dept., etc. with employee strength of minimum 15 and minimum net monthly salary disbursement not less than Rs.1.50 lacs, can open USSA with us. Net salary of an individual can be below Rs10000/-, but the average monthly salary size of the employees of the Organisation should be Rs10000/- or above. Minimum 15 employees should open account with us at entry level . Comprehensive Welcome Kit, containing International Debit Card, Internet Banking (Union e-Banking) PIN, Phone Banking (Union Dial) PIN and Multicity Cheque Book, is provided to the USSA holder at the time of opening. The Welcome Kit facilitates the USSA holder Any Where/Any Time Banking of his choice, as under: ATM Banking Net Banking Phone Banking Branch Banking USSA holder can use his Debit Card at over 1200 Union Bank ATMs at various locations in India, free of cost. USSA holder can also access,free of cost , around 32000 ATMs of other Banks, for cash withdrawals in India. USSA holder can also access over 1 million ATMs, globally, bearing VISA logo USSA holder can transact through internet (Union e-Banking) from his place of residence/work or anywhere, any time. USSA holder can, by dialling the telephone numbers specified, enjoy

the benefits of phone banking (Union Dial). USSA holder can use his multicity cheques for cash withdrawals/ payments at any Union Bank branch located in all prime centres in India. USSA holder can avail SMS Banking services for his account. USSA holder can avail RTGS/NEFT/Intersol transfers absolutely free. USSA holder can apply for an overdraft facility to the extent of 90% of the net salary credited in the previous month, subject to a ceiling of Rs 50000/-, which will be considered at the discretion of the Bank. USSA can be opened with Zero Balance. USSA Opens doors for a wide range of additional financial services, such as Retail Loans (Home, Vehicle, Comfort), Insurance (life/nonlife), Mutual Funds, Demat, Online Trading etc., subject to usual terms. Union Bank of India reserves its right to change/alter/withdraw the terms and conditions of the scheme. UNION CLASSIC CURRENT ACCOUNT (UCCA) UCCA is the Premium Current Account Product suited for Traders and Business Class. Based on the previous month's Average Monthly Balance(AMB) maintained,free facilities are allowed in UCCA.There are four kinds of AMB, recognized,for this purpose as follows:

Rs. 50,000 Rs. 1,00,000 Rs. 5,00,000 Rs. 25,00,000

Month for this purpose is rerckoned as the period from 16th of a calendar month to 15th of the next calendar month.

UCCA extends the following benefits to the account holder: AMB Monthly Free Limits in Rs Lacs. * 250 500 750 No Ceiling

Rs 50000 Rs 100000 Rs 500000 Rs 2500000

* PO+DD+NEFT+RTGS+Intersol (other than cash deposit) +Standing Instructions+ Auto Sweep and Collection of Outstation Cheques, clubbed together, for the facility.

Free Cash Deposit / Withdrawal up to specified limit . Cash Deposit facility in non-base branches subject to specified limit. Facilities including concessions through Any Account viz. SB/CD/CC/OD/PC and in Any UBI Branch. Auto Roaming facilitating enhanced category status for customers, based on previous months AMB. Upfront entitlement for facilities.

All the above facilities entail the following additional benefits to the UCCA holder: Free Facilities Shrink Transaction Cost Results in Efficient Fund Management. Increase in Net Profits

Benefits that can be derived by the customer are huge when compared to the interest sacrifice made by him for the AMB maintained in his UCCA.

UNION MONTHLY PLUS

A Novel User-friendly Recurring Deposit Scheme, with flexibility of Step Up and Step Down options, of monthly installment. SALIENT FEATURES : The Scheme is available to Individuals / Institutions / Corporates / Proprietorship / Partnership / Trust / HUF etc. The customer will have to select the Core Amount, at the time of opening the account and deposit the same, initially. Minimum Core Amount is Rs.100/- & Maximum Rs.1,00,000/-. The period of deposit will be from 6 month to 60 months, in multiple of one month. Rate of interest on this scheme will be as per the Term Deposit rate applicable for the period. Interest will be calculated on monthly product basis, for the minimum balance between the10th & last day of the month and will be credited quarterly. The Scheme offers flexibility of depositing monthly instalment amount, by way of Step Up & Step Down options. Step Up option : Depositor can increase (Step up) the monthly installment amount upto 10 times the Core Amount during any month. The installment can also be deposited one or more times, during a month subject to maximum ceiling of 10 times Core Amount. Example: Core Amount Rs.1000/Customer can deposit maximum upto Rs.10000/- per month. For accounts opened on or after 01.05.2009, maximum amount that can be remitted during a month including step up is limited to Rs100000(Rupees One Lakh Only)

Step Down option : After stepping up the instalment amount, a customer can also reduce the same (Step Down), in any subsequent month/s, but the same should not be less than the Core amount. Premature closure is allowed.

 No penalty will be charged in case of premature closure. Similarly, no penalty will be levied on delayed instalment. Nomination facility is available, like other Deposit Scheme. Loan facility is permitted upto 75 % of the deposit amount, at the time of availing loan, at 2 % ODR.

UNION TAX SAVER

1.

Eligibility: All individuals and HUF having PAN are eligible to invest in this product. Firms, Companies, Trust, Societies, Clubs, Institutions, Corporates etc., are not allowed to invest in this product. Types of term deposit: The deposit can be of Single holder type or Joint holder type. The single holder type of deposit shall be issued to an individual for himself or in the capacity of the Karta of the Hindu undivided family. The joint holder type of deposit receipt may be issued jointly to two adults or jointly to an adult and a minor and payable to either of the holders or to the survivor. In case of joint holder type of deposit, the deduction from income under section 80C of the Act shall be available only to the first holder of the deposit. Investment: The amount to be invested in the term deposit of the Bank shall be a minimum of Rs 5000/- and in multiples of Rs 1000/thereof and maximum limited to Rs 100000/- in a financial year. The product will be available for investment, until further announcement or otherwise withdrawn, as the case may be. Period of deposit: Deposit will be accepted for a minimum period of 5 years and maximum period of 10 years. Forms of term deposit: The deposit will be accepted in the form of DRIC or Fixed Deposit or Monthly Income Scheme. Issue of term deposit receipt: The term deposit receipt shall bear the name, address, Permanent Account Number and Signature of the depositor, along with other particulars. Authorised Branches: The deposit will be accepted by all branches

2.

3.

4. 5.

6.

7.

across the country.

8.

Transfer of deposit: The deposit may be transferred from one branch to any other branch of Union Bank of India on the depositor making an application, at either of the two branches. The said Term deposit will not be transferred to any other Bank. Pledging of term deposit: The term deposit can be pledged to secure loan or as security to any other asset, only after the lock in period of 5 years. This will be subject to the terms and conditions governing such loans/advances. on maturity: The maturity period of term deposit receipt of any denomination shall be minimum five years commencing from the date of the receipt and maximum being 10 years. No term deposit shall be encashed before the expiry of five years from the date of its receipt. encashment: Any encashment/withdrawal of the term deposit after completion of 5 years and before the originally contracted maturity period will be treated as premature encashment. A penalty of 1% reduction in the applicable interest rate/ contract rate, which ever is less, will be levied. of Interest: Rates of interest as applicable to general Term Deposits will apply. Senior Citizens will be eligible for additional interest as per the extant policy of the Bank. of Interest: The interest may be paid either in lump sum at the time of maturity or it may be paid every quarter or every month in accordance with the regulatory guidelines for payment of interest on the nature of term deposit chosen. Nomination can be made for the deposit as per extant guidelines applicable. No nomination shall be made in respect of a term deposit applied for and held by or on behalf of a minor. liability on interest on the deposit: Interest on these deposits shall be liable to tax under the Income Tax Act. TDS will be applicable as per extant guidelines. Under Section 80 C: Exemption under section 80 C of Income Tax Act can be claimed by the depositor in case of single depositor or the first holder in case of joint depositors for a maximum amount of Rs100000/-, with in eligible investments.

9.

10.Encashment

11.Premature

12.Rate

13.Payment

14.Nomination:

15.Tax

16.Benefit

RETAIL LOANS

Union Cash
ELIGIBILITY Retired employees of Government / Semi Government undertakings, Banks and other reputed private organisations etc. who draw fixed income / pension through our Bank. PURPOSE To meet financial requirements. TYPE OF LOAN: Demand Loan repayable in installments with a maximum repayment tenure of 36 months Term Loan with repayment tenure of above 36 months and maximum upto 48 months. QUANTUM Upto Rs.1,00,000/- or 12 times the monthly pension, whichever is less. MARGIN 25% in case of Deposit Receipts / NSC / Bonds issued by Government of India/Financial Institutions. 50% in case of Shares & Debentures. REPAYMENT 12 36 EMIs in case of Demand Loan repayable in Installments Above 36 to 48 EMIs in the case of Term Loan RATE OF INTEREST (w.e.f. 07.05.2011 Base Rate:- 10.00%) A fixed interest rate of 15.75% (Fixed)

PROCESSING CHARGES (EXCLUDING SERVICE TAX) NO Processing charges. SECURITY Pledge of Deposit Receipts / Shares / Debentures of corporates of good standing, NSCs Bonds issued by Government of India / Financial Institutions etc. Where sufficient security is not available, personal guarantee of spouse or a person who is the nominee under pension scheme is to be obtained. In genuine cases, the Bank may consider this facility on a clean basis. OTHER CONDITIONS Declaration is required from the spouse who is eligible for family pension.

UNION HEALTH ELIGIBILITY Any qualified medical practitioner / Dentist in the age group of 25 to 60 years with minimum three years experience and in the age group of 25 to 60years. Firms / Companies engaged in medical profession in which Doctors / Dentist are Partners or Directors or the Proprietor. QUANTUM An amount equivalent to 75% of the equipment cost and other Assets to be financed. MARGIN Minimum 25% of cost of equipments and other assets to be financed. REPAYMENT Maximum 7 years including initial moratorium period of 3 to 6 months By Equated Monthly Instalments.

RATE OF INTEREST (w.e.f. 07.05.2011) (Base Rate:- 10.00%) A Fixed Interest rate of 14.00% for Individuals and 14.00% for others. Interest rate will not undergo any change till full repayment of the loan . PROCESSING CHARGES(EXCLUDING SERVICE TAX) 0.50% of loan amount. SECURITY Hypothecation of equipment / items purchased out of Bank finance. Collateral security 50% of loan amount. EM of premises in case the loan is for acquiring premises. OTHER CONDITIONS Third Party gurantee is not mandatory

No Prepayment penality if the loan is adjusted by the borrower from his own verifiable legitimate sources or genuine sale. However, 2% charged on an average o/s. balance of last 12 months if loan is closed on take over by other Banks / Financial Institutions.

UNION HOME ELIGIBILITY Indian Citizen - 21 years and above. Either single account or joint account with other family members viz. (father, mother, spouse or son ) with regular source of income. Individuals who may be employed/self-employed in business having regular income. A minimum of 40% marks as per investment grade scoring chart(Internal method of the bank). PURPOSE Purchase/construction of independent house/flat. Repair/Improvement/Extension. Repayment of loan availed from another agency/Bank/NBFC. For purchase/ construction of 2nd property (independent house/flat)

 Plot sold by a Government-recognized agency viz., HUDA, HOUSEFED and such others. QUANTUM Max Rs. 300 Lacs for Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Ahmedabad, Hyderabad,Gurgaon, Noida and New Delhi. For other cities Rs. 100 lacs Max. Rs. 10 lacs for repair. MARGIN For loan up to Rs. 200 lacs, 20% of the cost of the property. For loan above Rs. 200 lacs, 35% of the cost of the property. REPAYMENT Moratorium up to 18 months wherever loan is taken for under construction flat or building. By Equated Monthly Installment (EMI.) The maximum repayment period should not exceed 25 years (including moratorium)for construction / purchase of house/ flat and 10 years for repair. Option of Flip/Step-up/Balloon methods of repayments for the convenience of the borrowers. RATE OF INTEREST ( Base Rate 10.00%w.e.f 07.05.2011) Loan upto Rs. 30 Lacs Tenor Fixed Floating Upto 5 years 11.75% >5 Years to >10 Years to15 >15 Years to25 10 Years Years Years N.A. N.A. N.A. Base Rate + 0.75% i.e 10.75% Base Rate + 1.00% i.e 11.00%

Base Rate + Base Rate + 0.50% 0.75% i .e i.e . 10.50% 10.75%

Loan above Rs 30 Lacs upto 50 Lacs Upto 5 years 12.75% >5 Years to >10 Years to 10 Years 15 Years N.A. N.A. >15 Years to 25 Years N.A.

Tenor Fixed Floati ng

Base Rate + Base Rate + 1.25% 1.50% i.e . 11.25% i.e.11.50%

Base Rate + Base Rate + 1.75% 1.50% i.e. 11.75% i.e 11.50%

Loan above Rs 50 Lacs and upto 200 Lacs Upto 5 Years 13.00% >5 Years to 10 Years N.A. >10 Years to 15 Years N.A. Base Rate +1.50% i.e11.50% >15 Years to 25 Years N.A. Base Rate +1.75% i.e. 11.75%

Tenor Fixed Floati ng

Base Rate + Base Rate 1.25% +1.50% i.e .11.25% I .e. 11.50%

Loan above Rs 200 Lacs Tenor Upto 5 Years Fixed N.A. > 5 Years to >10 Years to >15 Years to 10 Years 15 Years 25 Years N.A. N.A. N.A. Base Rate +1.75% i.e. 11.75% Base Rate + 2.00% i.e. 12.00% Base Rate + 2.00% i.e. 12.00%

Base Rate + Floati 1.75% i.e. ng 11.75%

PROCESSING CHARGES 0.50% of loan amount subject to a maximum of Rs.15000/- plus service tax as applicable

 50% of the processing charges plus service tax as applicable at the time of application 50% of the processing charges plus service tax as applicable on acceptance of sanction PREPAYMENT PENALTY No prepayment penalty if the loan is adjusted by the borrower from his own verifiable legitimate sources of income or genuine sale. However 2% charged on an average o/s. balance of last 12 months if loan is closed on take over by other banks/financial institutions. VALUE ADDED SERVICE GUARANTEE Third party guarantee is not mandatory. UNION MILES Union Miles Scheme is offered to individuals /firms for vehicle finance for thier personal use. ELIGIBILITY Individuals above 18 years of age Permanent employee of Central/State/Defence/Police Force/Public or Joint Sector Undertaking/reputed firms/ established Educational Inst. Professional/Businessmen having regular income. Borrower has at least minimum services to liquidate the loan 1 year prior to retirement. Firms / Companies. Credit card will be issued free of annual fees No hidden or built-in costs Quick processing and disposal of loan applications Flexible repayment options

PURPOSE For Purchase of new two/four wheelers, for personal or professional use Second hand vehicles upto 3 years old also eligible. QUANTUM Four Wheeler- 4 times the net annual income as per ITR/salary slip subject to a maximum loan of Rs 40 lacs for new vehicle and Rs 10 lacs for old vehicle. Two Wheeler - 4 times the net annual income as per ITR/salary slip subject to a maximum loan of Rs 1 lacs for new vehicle. MARGIN 15% of on road price (Ex-Showroom + registration + Insurance + Road Tax) 50% of cost of old vehicle. REPAYMENT Four Wheelers - A Maximum of 60 months in Equated Monthly Installments(EMIs). Two Wheelers - A Maximum of 36 months in Equated Monthly Installments(EMIs). Under----Tie-up ------------4 Wheelers - A maximum of 72 EMIs ( Maruti, Hyundai, Tata Motors) RATE OF INTEREST (w.e.f. 07.05.2011 Base Rate = 10.00%) Rate Of Interest(fixed) 4 wheelers (new car) Upto 3 Years -12.00% p.a Over 3 Years to 5 Years - 12.50% p.a

2 Wheelers Upto 3 Years 14.75% p.a Old Cars(Not Older than 3 Years) 15.25% p.a PROCESSING CHARGES (EXCLUDING SERVICE TAX) 0.5 % of loan amount subject to maximum Rs. 6000. SECURITY Hypothecation of vehicle financed by the Bank. Bank's lien to be got noted with the transport authorities. PREPAYMENT PENALTY No prepayment penalty if the loan is adjusted by the borrower from his own verifiable legitimate sources of income or genuine sale. However , 2% charged on an average o/s balance of last 12 months if loan is closed on take over by other bank/financial institutes . GUARANTEE Guarantee of the spouse. In case unmarried, third party guarantee with sufficient means.