Note for CPC Head

Common Appraisal Note for Prime Minister Employment Generation Programme

(PMEGP)

LLMS ID No. M-0523-23-105342

Workitem number MSME-0000075984-LLMS
Date of Receipt at Branch 26/01/2023
Date of Receipt at CPC 09/02/2023
Last information received on 26/01/2023

ZONE:JALGOAN BRANCH(Branch Code):PRAKASHE(523)

PMEGP Application Number:KBMH222139-

CIF No:00000040021334770
11178474

SEGMENT: Priority / Micro INDUSTRY:MISCELLANEOUS ACTIVITIES

INVESTMENT IN PLANT & MACHINERY: Rs.

TURNOVER:Rs.18.00 Actuals
4.08 Actuals

1. Proposal: (Rs. In Actuals)

This proposal falls within the delegated lending powers of CPC Head as

Delegation Total Exposure to Applicant Company/Borrower is Rs. 480000.00 Actuals

Total exposure to the Group is Rs. 480000.00 Actuals

2. Borrower/ Company Profile:

Constitution : INDIVIDUALS (singlyjointly)-FIRST

Name : AMAR RAMAN PADVI BORROWER-MALE
Date of Incorporation:01-02-1983

Activity : INTERIOR DECORATOR

Banking with us since : 07-05-2010
Activity Code:90184

Udyog Adhar Number/Udyami Registration

GSTIN Number: Non Eligible
Number: Not Available

PAN Number:DINPP7160N

Group, if any / Promoter :Not Applicable

Address of the unit:

Business Address:
PRAKASHA, SHAHADA
PRAKASHA,
NANDURBAR
425422 , PRAKASHA
MAHARASHTRA , IN

Name of Borrower : AMAR RAMAN PADVI

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Designation

Amar Raman Padvi Individual

2. a) Credit Facilities (Existing and proposed): (Rs. In Actuals)

Increase/
Sr.No Nature of facility Existing Proposed
decrease

1 Term Loan 0.00 450000.00 +450000.00

2 Cash Credit 0.00 30000.00 +30000.00

A Total Funded 0.00 480000.00 +480000.00

B Total Non Funded 0.00 0.00 0.00

Total credit facilities (A+B) 0.00 480000.00 +480000.00

2. b) Present Position of Accounts as on 26/01/2023 (Rs. In Actuals)

Overdue, if
Facility Limit Security DP Balance O/s
any

No existing facilities

2. c)Group/ Exposure Limit status (Rs. In Actuals)

Exposure on Name Fund Non Fund Prudential Limit

Applicant Company/ borrower AMAR RAMAN PADVI 480000.00 0.00 18321400000.00

Other group concerns -- 0.00 0.00 XX

Total to group -- 480000.00 0.00 22901700000.00

Investment exposure -- 0.00 0.00 XX

TOTAL EXPOSURE -- 480000.00 0.00 22901700000.00

3. IRAC Status : NA

4. Date of last Sanction/ Review / Renewal : Fresh Sanction

Sanctioning/ Reviewing Authority: Fresh Sanction

5. Financial Arrangement :
Term Loan: Sole
Working Captial:

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

(Detail of Bank’s Share be submitted if under Consortium/ Multiple Banking Arrangements)

5.1: Negative database Check (CIBIL/CFR/CIBIL Default list/CIBIL Suit filed) Above 1cr. (credit history
report from at least 02 CIC)

6. Key Financial Indicators:

2024 2025
Year ended (DD-Mon-YYYY) 31-Mar-24 31-Mar-25
Projected Projected
Net Sales 1800000 1890000
% Increase/Decrease 0 5
EBIDTA 329000 341000
% of EBIDTA to Total Reciepts 18.28 18.04
Net Profit After tax(NPAT) 202300 229300
% of NPAT to Net Sales 11.24 12.13
Cash Accruals 272300 292300
Total Outside Liabilities (TOL) 480000 430000
Tangible Networth (TNW) 80000 140000
TOL / TNW 6 3.07
Net Working Capital 72000 129000
Current Ratio 1.90 2.34
Interest Coverage Ratio 5.80 7.00
DSCR 3.16 3.04
FACR 0.91 0.86
DER 5 2.39

•a)Comments in brief on Key Financial Indicators (Bullet points for accepted levels):

Sales in first year is around Rs 18.00 Lakh and increase in sales by 5% every year
Net profit of first year is around Rs 2.02 Lakh and keep increasing every year
Current ratio of first year is 1.90 above our benchmark 1.17
TOL/TNW is 6.00 as in PMEGP minimum margin is 5 % Hence TOL/TNW is greater than benchmark 4.5
:1
DSCR average is 4.01 and each yearDSCR isabove 1.50

•b)Comments on associate concerns/major suppliers/major clients:

Particulars Comments

Interlocking of funds na

NPA's among associate concerns na

Any other adverse features no

7. Details of score obtained as per scoring model (As per annexure – III).
Particulars Total Marks Marks obtained Remarks
Personal Details 40 28
New Ventures/Firm 50 37
Security 10 10

Name of Borrower : AMAR RAMAN PADVI

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Particulars Total Marks Marks obtained Remarks

Grand Total 100 75

8. Status of Existing Term Loan Accounts: Not Applicable

Fresh Term Loan:

8. a)Project Detail:

8. b)Cost of Project & Means of finance: (Rs. In Actuals)

Cost of project Amount Means of financing (%) Amount

Hard Cost: 0.00 Promoter's contribution 150503.00

Land & Site Development 0.00 Central / State subsidies 0.00

Total Land Cost 0.00 Unsecured loans 0.00

Building and constructions 0.00 Others [Specify] 0.00

Plant & Machinery - Imported 600503.00 Bank / FI Term Loans 450000.00

Plant & Machinery - Domestic 0.00 0.00

Equipments 0.00 0.00

Mis. Fixed assets 0.00 0.00

Any other Hard cost. 0.00 0.00

Total of other Hard Cost 600503.00 0.00

Total Hard Cost (I) 600503.00 0.00

Soft Cost: 0.00 0.00

Legal and Administrative

0.00 0.00
expenses.

Interest during construction 0.00 0.00

Preliminary and Pre-operating

0.00 0.00
Expenses

Contingency 0.00 0.00

Margin for Working Capital 0.00 0.00

Total (II) 0.00 0.00

Total (I +II) 600503.00 600503.00

Debt Equity Ratio:2.34

Comments: Debt to equity ratio is Less than 3 : 1

c) Comments on Cost of project & Means of finance :Cost of project is Rs 6.00 Lakh as per
quotation given by Punjab Tent Supplier GSTIN 23AAFFP9091F1Z5 Means of Finance is term
loan of Rs 4.50 Lakh and margin of Rs 1.50 or minimum margin of 5% if any discount received.

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

d) Commercial viability:

9. Debt Service Coverage Ratio (Rs. In Actuals)

Year end 2024 2025 Total
Projected Projected Total
Capacity Utilization
Net Sales
1. Net profit after tax 202300 229300
2. Depreciation 70000 63000
3. Interest for Existing and Proposed Loan 53000 45000
Subtotal (1+2+3)=A 325300 337300 2601100
4. Instalments for Existing and Proposed Loan 50000 66000
5. Interest for Existing and Proposed Loan 53000 45000
Subtotal (4+5)=B 103000 111000 649280
DSCR (A/B) 3.16 3.04
Average DSCR (Total of A /Total of B) 4.00

Comments on DSCR (in brief):

Average DSCR is 4.00 for term loan of repayment period of 84 months and 3 months moratorium Every
year DSCR and average DSCR is greater than 1.50

10. Implementation / Repayment Details

Sr.No Particulars Date

1 Date of Financial Closure / Financial tie-up 28-02-2023

Zero Date [Date of commencement of project

2 02-03-2023
implementation]

3 Date of Completion 01-04-2023

4 Date of Commencement of Commercial Production- 15-04-2023

5 Moratorium Period 3

6 Mode of repayment (Monthly/Quarterly/Yearly etc.,) Monthly

7 Date of first repayment 01/07/2023

Monthly Installment of Rs.

5784 to be repayable in 81
8 Instalment amount months. Interest to be
serviced as and when
applied.

9 Total repayment period 81

10 Date of last instalment 28/02/2030

Interest during morotorium

to be capitalized thereafter
11 Interest Servicing
it will be repayed as and
when applied

11. ASSESSMENT OF WORKING CAPITAL:

Name of Borrower : AMAR RAMAN PADVI

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Fund Based:

Projected Turnover Method - Nayak Committee Method (Worked out on the basis of minimum
20% of the projected annual turnover for new as well as existing unit):
Year End 31-Mar-24 31-Mar-25
Projected Projected
No. Of Months 12 12
1)Projected Net Sales 1800000.00 1890000.00
2)Working Capital requirement(25% of Projected Sales) 450000.00 472500.00
3)Margin(5% of Projected Sales) 90000.00 94500.00
4)Actual/Projected NWC 72000.00 129000.00
5) (2-3) 360000 378000
6) (2-4) 378000 343500
MPBF(lower of 5 or 6) 360000 343500

N.B.: If a borrower requests limit higher than 20% of the projected/accepted sales turnover CC
limit as per Projected Working Capital Gap Method may be assessed with proper justifications
thereon including discussions on holding level.

Assessment as per Working Capital Gap Method:Not Applicable

Computation of Holding Level (in months):

Year Projected Projected

31-Mar-24 31-Mar-25
Stock of RM 0 0
Raw Material consumed. 130000 150000
Month's Consumption 0 0

Stock of WIP 0 0
Cost of Production 1501000 1552000
Month's Cost of Production 0 0

Stock of Finished goods 40000 50000

Cost of Sales 1461000 1542000
Month's Cost of Sales 0.33 0.39

Domestic Receivables 50000 80000

Gross Domestic Sales 1800000 1890000
Month's Sales 0.33 0.51

Export Receivables 0 0
Gross Export Sales 0 0
Month's Sales 0 0

Total Receivables 50000 80000

Gross Sales 1800000 1890000
Month's Sales 0.33 0.51
Other Current Assets [OCA] 0 0
Total Current Assets [TCA] 152000 225000
OCA as % of TCA 0 0

Creditors 0 0
Raw Material Purchased 130000 150000
Months' purchases 0 0

Bank Borrowings 30000 30000

Sales 1800000 1890000
Bank Borrowing as % of Sales 0.02 0.02

Other Current Liabilities [OCL] 50000 66000

Total Current Liabilities [TCL] 80000 96000

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

OCL as % of TCL 0.63 0.69

Gross Operating Cycle 0.66 0.9

Net Operating Cycle 0.66 0.9

Comments on holding level:

As firm is into activity of Mandap Decoration which doesn#39;t has much working capital
requirement Hence limit proposed is Rs 30000.

12. Non-Compliances/ Deviations, if any:

For Micro & Small
Parameters Compliance
Enterprises
Minimum Current Ratio to be maintained 1.17:1 1.90
Maximum Debt Equity Ratio (Total Term Liability
/Tangible Net worth)
a. General Category (1st dose) 9:1 6.00
b. Special Category(1st dose) 9.5:1
c. General Category (2nd dose) 9:1
Minimum Average Gross DSCR for Term Loan 1.50:1 3.16

Sr. Nature of
Non-compliance/Deviation with regard to Comments
No. non-
compliance
i) Loan Policy Guidelines: COMPLIED
ii) Stipulations from previous Sanction NA
iii)Inspection / Audit irregularities NA
iv) Scheme-specific deviations NA
v) Environmental clearances NA
vi) Maturity of TLs COMPLIED
vii)Collateral Security NA
viii)
Others, if any NA
Whether reported in SMA 1 or SMA 2 in last year (if Yes- reason
ix) NA
thereof)

13. Compliance required under PMEGP :

A. In case of First dose:

Sr. No. Particulars Compliance

01 Setting up of new self-employment ventures /projects / micro COMPLIED
enterprises in Rural & Semi Urban areas.
02 Individual above 18 years of age COMPLIED
03 Registration of Udyog Aadhar Memorandum/Udyam Registration NOT APPLICABLE
(mandatory)
04 Education minimum VIII standard passed for new manufacturing COMPLIED
/business projects having project cost above Rs. 10 lakh
05 Project cost: Maximum Rs. 25 lakh COMPLIED
06 Any other
i.
ii.
iii.

Name of Borrower : AMAR RAMAN PADVI

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B. In case of second dose:

Existing loan availed under : PMEGP/MUDRA

Details of existing loan availed under PMEGP/MUDRA
1. Name Financing Bank/FI NOT APPLICABLE
2. Branch Name
3. Date of sanction
4. Amount of loan availed Rs. _____/- (Rs. In words)
5. Repayment period in months
6. Date of loan closure
7. Whether margin money claimed has been Yes/No If Yes, give details
successfully adjusted In No, reason
8. Whether the first loan under PMEGP Yes/No. If Yes, give details
/MUDRA has been successfully repaid in In No, reason
stipulated time
Whether 2nd loan will lead to additional Yes/No. If Yes, give details
employment generation In No, reason
Whether the unit is profit making with good If Yes, give details If Yes, give details
turnover and having potential for growth in In No, reason In No, reason
turnover and profit with modernization /
upgrading the technology.

Document's required for 2nd financial assistance :

Document Compliance
1. Previous loan sanction letter issued by the bank
2. Proof of Margin Money adjusted against previous loan
3. Bank certificate for full loan repayment
4. Project report for expansion/upgrading the unit
5. IT returns for the last 3 years
6. Annual accounts certified by CA for the last 3 years

14. Security :

Primary :
1. Hypothecation of STOCK & BOOK DEBTS

Collateral : Nil

15. LSR (Legal Search Report):

Date of the report and

Details of the property Remarks in the report
Name of the advocate
Not Applicable

16. Valuation report(MV/RV/DV):

Name of Borrower : AMAR RAMAN PADVI

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Date of valuation / name Value

Details of the property
of the valuer MV RV DV

Hypo of stock and Book

Not Applicable
debts

17. CERSAI Observation:

Date of charge creation

Details of the security CERSAI ID/Remarks
/search

Hypo of stock and Book

To be done --
debts

18. CGTMSE search observations:

Details of the security Date of search Remarks

NIL

a. Primary Security (Rs. In Actuals)

Date of
Market Basis of valuation
Facility Details
Value valuation / opinion
report

Hypothecation of
Term Loan STOCK & BOOK 800000.00 Not Applicable, --
DEBTS

Hypothecation of
Cash Credit STOCK & BOOK 800000.00 Not Applicable, --
DEBTS

b. Collateral Security (Rs. In Actuals)

Date of
Market Basis of valuation
Facility Details
Value valuation / opinion
report

Not Applicable

c. Personal/ Corporate Guarantee (Including Third Party Guarantee): (Rs. In Actuals)

Nature of KYC Status

Net
Sr.No Name of the Guarantor Association/ (Complied/Not
Worth
Relation Complied)

Name of Borrower : AMAR RAMAN PADVI

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 c.

Note for CPC Head

Not Applicable

d. % of Collateral Coverage & ROI concession offered: (Rs. In Actuals)

% of Collateral
Facility Amount
Coverage

Not Applicable
Justification for change, if any, from the existing position:

19. CRR & Rate of Interest: (Based on financials as on 09/02/2023):

CRR Borrower rating Total Exposure

Existing Proposed Existing Proposed

Not Not
CRR
applicable applicable

Applicable ROI as per RBP -- 12.05 % 0.00 480000.00

Incentive for Collateral -- --

Security

CRR Validation Date & Not Applicable

Validation Committee

20. Level of Funding / Margin Money (Subsidy):

First Dose: For Setting up of new Micro Enterprise:

Category of beneficiary under Beneficiary'||'&'||'#39;s Rate of Subsidy
PMEGP Contribution ( of Project Cost )
( of Project Cost )
Area (Location of project / Unit ) Urban Rural
General Category 10% 15% 25%
Special ( including SC/ST/OBC/ 05% 25% 35%
Minority/Women / Ex-Serviceman
/Physically handicapped/ NER, Hill
& Border area etc

Second Dose: For up gradation of existing units

Category of beneficiary under Beneficiary'||'&'||'#39;s Rate of Subsidy ( of Project Cost )
PMEGP Contribution ( of Project
Cost )
All Categories 10% 15%
( 20% in NER & Hilly States

Conditions:
On receipt of eligible Margin Money (Subsidy), the same shall be kept in the Term Deposit Receipt
for the period of 3 years in the name of beneficiary/bank. No interest will be paid on Term Deposit
Receipt and no interest will be charged on the loan disbursed to the corresponding amount of Term
Deposit Receipt.

Name of Borrower : AMAR RAMAN PADVI

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21. Salient Features and Justification for the Proposal:

Achievement of Sales:
_____________% of New account
projections
Justification for concession
Not applicable
/Deviation if any:
Justification for low
Not applicable
collateral coverage:
Conduct of account: Account is New
Comments on low rating Rating is not applicable
Comments on earning from
Account will earn around Rs 60000 per year
the account

22. Status of Compliance: (Only non-compliances / irregularities, if any to be indicated along

with a brief justification).
Lending Policy guidelines Complied
Noncomplience of earlier
Not applicable
terms and conditions
Name appearing in RBI
Not found
/CIBIL/ECGC defaulters list
Unrectified Inspection /
Not applicable
Audit irregulatires
Any other risk factor No
RoC Charges Not applicable

23. Abridged Balance Sheet (as per Annexure I)

24. Profitability analysis (as per Annexure I)

25. Delegation: The proposal falls within the delegated powers of CPC Head

26. Recommended for sanction/approval

Facility : Term Loan (New)
Amount Rs. 450000.00 (Rs. Four Lakh Fifty Thousand only)
Purpose Working Capital Term Loan
Primary Security Hypothecation of STOCK & BOOK DEBTS (Primary)
Margin 25 %
Subsidy (If any) Nil
RLLR ( 9.05 %)+BSS ( 0.50 %)+Spread( 2.50 %)-Collateral Concession (
0.00 %) +Additional Premium ( 0.00 %) = Effective ROI Value is 12.05 % p.
Rate of Interest a. with monthly rest
Tenor 84 Months
Moratorium Period 3 Months
Repayment Period 81 Months
Repayment Terms Monthly Installment of Rs.5784 to be repayable in 81
Principal) Repayment Amount months. Interest to be serviced as and when applied.

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

Repayment Terms
(Interest) Monthly (as and when applied)

Facility : Cash Credit (New)

Limit Rs. 30000.00 (Rs. Thirty Thousand Only)
Purpose Working Capital
Primary Security Hypothecation of STOCK & BOOK DEBTS (Primary)
Margin 25 %
RLLR ( 9.05 %)+BSS ( 0.50 %)+Spread( 2.50 %)-Collateral Concession (
0.00 %) +Additional Premium ( 0.00 %) = Effective ROI is 12.05 % p.a. with
Rate of Interest monthly rest
Review Annual basis

The following service charges will be applicable:-

Processing Fees(For all credit
NIL
facilities)
Documentation Charges Rs. 1200.00 + Rs. 216.00 (GST) = Rs. 1416.00
Inspection/Supervision charges Rs. 1200.00 + Rs. 216.00 (GST) = Rs. 1416.00
Delayed review charges NIL
Commitment Charges NIL
Credit Information Company(CIC)
Rs. 600.00 + Rs. 108.00 (GST) = Rs. 708.00
report charges
Mortgage creation charges NIL
CERSAI charges Rs. 250.00 + Rs. 45.00 (GST) = Rs. 295.00
ROC filling charges NIL
Credit Guarantee Cover fees NIL
CGFMU fees: NIL

27. Credit Gurantee Coverage Fees:

Credit Gurantee Coverage: Yes
Fees: Rs 0 + Rs 0(GST) = Rs 0

28. Collateral Security for the above facilities (Hybrid Security)

Quantum of 1st MV net of 1st

Sr No Description Market Value
charge charge

Not Applicable

29. Guarantors for the above credit facilities:

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

Sr No Name of the Guarantors Net Worth as on (In Actuals)

NIL

30. Specific Terms and conditions:-

I. On receipt of eligible Margin Money (Subsidy), the same shall be kept in the Term Deposit Receipt
for the period of 3 years in the name of beneficiary/bank. No interest will be paid on Term Deposit
Receipt and no interest will be charged on the loan disbursed to the corresponding amount of Term
Deposit Receipt.
II. Udyam Registration to be taken before disbursement.
III. EDP Training to be completedbefore disbursement

Other Terms & Conditions of the Sanction as per Annexure III (Stipulate only applicable terms &
conditions

Appraised by: Recommended by

Signature _____________________ _____________________

DHIRENDRA PRAKASH
Name ABHISHEK KUMAR
GAUR

Designation Officer -Executives MANAGER

PF No. 28200 33815

Date: 10/02/2023 10/02/2023

Sanctioned by:

Signature
Name
Designation
PF No.
Date:

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

(Annexure I)
Abridged Balance Sheet : (Rs. In Actuals)

LIABILITIES 31-Mar-24 31-Mar-25 ASSETS 31-Mar-24 31-Mar-25

Projected Projected Projected Projected
Capital 40000 40000 Fixed Assets 478000 408000
Reserves 40000 100000 Depreciation 70000 63000
NET WORTH 80000 140000 NET BLOCK 408000 345000
TOTAL
Unsecured loans 0 0 INTANGIBLE 0 0
ASSETS
Term Loans 400000 334000
Investment in
Other Term. Subsidiaries
0 0 0 0
Liabilities. Associate
Concerns
Other non
0 0
current assets
TOTAL NON-
TOTAL TERM
400000 334000 CURRENT 0 0
LIABILITIES
ASSETS.
Sundry Creditors 0 0 Cash and Bank 62000 95000
Bank
30000 30000 Raw Material 0 0
Borrowings
Term Loan
Work in
Repayable 50000 66000 0 0
progress.
withein one year
Other Current
0 0 Finished Goods 40000 50000
Liabilities
Receivables
- Domestic 50000 80000
- Export 0 0
Other Current
0 0
Assets
TOTAL TOTAL
CURRENT 80000 96000 CURRENT 152000 225000
LIABILITIES ASSETS
TOTAL
560000 570000 TOTAL ASSETS 560000 570000
LIABILITIES
*Major component of OCA & OCL to be provided.
# Unsecured loans from promoter & relatives to be classified as Non-current only if undertaking is
obtained from promoter / director / relative that the level of unsecured loans shall be maintained
at the same level and no withdrawal will be made during the tenure of our facilities.

Any variation in classification from audited balance sheet shall be properly explained with relative
effect on projected year’s figures

Off Balance sheet items/Contingent liabilities* (Rs. In Actuals)

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

31.03. 31.03.
Nature of the Off Balance sheet items/Contingent liabilities
Audited Audited

Contingent liability NIL NIL

Disputed tax liabilities/ Claims not acknowledged as debt NIL NIL

Total NIL NIL

TNW NIL NIL

% to TNW NIL NIL

Comparative position of the figures as appearing in the annual reports/audited Balance sheets of the last
two years to be furnished with views/comments on the impact of these items on the financials of the
borrowing unit.

NB: Cash flow projections (project wise) wherever the assessment requires determination of the credit
requirement based on cash peak level deficit should be provided.

Comments:

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

Profitability Analysis : (Rs. In Actuals)

Particulars 31-Mar-24 31-Mar-25

Projected Projected
Gross Sales 1800000 1890000
Other Operating Revenue 0 0
Total Gross Sales 1800000 1890000
Less Excise 0 0
Net Sales 1800000 1890000
Operating expenses
Consumption of RM 130000 150000
Stores and spares 0 0
Power and fuel 0 0
Factory labour 800000 810000
Repairs and Maintenance 501000 529000
Depreciation 70000 63000
Operating expenses(Total) 1501000 1552000
Adjustment for stock in process 0 0
Cost of Production 1501000 1552000
Adjustment for Closing Stocks -40000 -10000
Cost of Sales 1461000 1542000
Selling and General expenses 80000 70000
Total expenses before interest 1541000 1612000
Profit Before Interest and Tax 259000 278000
Interest 56700 48700
Profit After Interest 202300 229300
Total Miscellaneous Income 0 0
Profit Before Tax 202300 229300
Profit After Tax 202300 229300
Profitability Ratios
% of Raw Materials to Sales 7.22 7.94
% of Cost of Production to Sales 83.39 82.12
% of Cost of Sales to Sales 81.17 81.59
PBDIT as a % of Sales 18.28 18.04
PBT as a % of Sales 11.24 12.13
PAT as a % of Sales 11.24 12.13

Comments:

Name of Borrower : AMAR RAMAN PADVI

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 Note for CPC Head

(Annexure II)
CREDIT SCORING CRITERIA FOR PMEGP
The model is based on a set of characteristics which are grouped as Personal, Business and Collateral.
The acceptable borrower should get a minimum score of 50 out of 100 for loan up to Rs. 10.00 lakh and
for loan above Rs. 10.00 lakh minimum score of 60 out of 100.

Name of the firm/Borrower:-

1. Personal Details: - (In case of non-individual details of main promoter to be captured)

Sr. Parameters Max. Marks Criteria Marks
No. Marks Scored
1 Age in years 6 6 25 to 40 6
18 to 24 5
41 to 49 3
50 & above 2
2 Number of Dependents 2 0 Up to 3 2
>3 0
3 Owning a house/parental house 5 5 Yes 5
No 2
4 Residing at the same address/location 5 5 5 years and above 5
2-5 years 3
Less than 2 years 2
5 Academic Qualification 4 3 Graduation 4
Intermediate 3
More Matric 2
Below Matric 1
6 Experience in the line of trade 8 3 => 3 years 8
1 to 3 years 6
<1 year 3
NIL 0
7 Any other source of income including 5 2 Yes 5
family No 2
8 Assessed for income tax 2 1 Assessed 2
Not assessed 1
9 Have life insurance policy(PMSBY, 3 3 Yes *
PMJJBY,APY or any other insurance No 0
policy)
*Point for each max 3)
MARKS SCORED 40 28

2. New Ventures/Firm:-
Sr. Parameters Max. Marks Criteria Marks
No. Marks Scored
1 Relationship with lending Bank 5 5 Above 3 years 5
1 to 3 years 3
< 1 year 2
New 1
2 Credit History 5 3 Very Good 5
Satisfactory 4
No History 3

Name of Borrower : AMAR RAMAN PADVI

Page 17 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

3 Location advantage (availability of 5 3 Yes 5

infrastructure, raw material, labour, No 3
proximity to markets etc.)
4 Skill Certification course/RSETI/ITS 5 2 Yes 5
/Computer Knowledge No 2
5 Marketing tie ups for sale of products 5 2 Yes 5
No 2
6 Line of activity 5 5 Manufacturing/Service 5
Trade & others 3
7 Registered with Govt. authorities- GST 5 3 Yes 5
/license from local bodies/shop act No** 3
etc.
8 Repayment period(not applicable for 5 3 Up to 5 years 5
only working capital loans) Above 5 years 3
9 Employment Generation 5 5 Above 5 5
3 to 5 3
Self employed 2
10 Average DSCR(not applicable for 5 5 >2 5
working capital loans) 1.5 to 2 3
<1.5 2
MARKS SCORED 50 37
**To be followed up and completed

3. Security:-
Sr. Parameters Max. Marks Criteria Marks
No. Marks Scored
01 Collateral securities coverage: 10 100% & above 10
Not covered under CGTMSE/CGFMU 50% to <100% 8
/CGSSI Less than 50% 6
OR
02 Covered under CGTMSE/CGFMU 10 10 10
/CGSSI
MARKS SCORED 10 10

Name of Borrower : AMAR RAMAN PADVI

Page 18 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

(Annexure III)
For Working Capital and Cash Credit facility:
The company/firm shall submit to the Bank monthly stock statement / book-debt statement in
the prescribed form within 10th day of each succeeding month. The drawing shall be
1.
restricted to Drawing Power arrived on the basis of paid stocks and eligible outstanding book
debts or the sanctioned limit whichever is less, subject to retaining the stipulated margin.
The company/firm should submit FFR statement on regular basis and the drawing shall be
restricted to the operating limit arrived at on the basis of FFR or the sanctioned limit
2.
whichever is less subject to retaining the stipulated margin. This condition is applicable where
the fund based exposure is Rs.50.00 lakhs and above.
In case of Consortium/ MBA/ JLA advance wherever allocation of DP is made available
regularly by lead bank/ principal bank, the drawing power shall be subject to allocation of DP
by lead Bank. Otherwise, the DP arrived shall be in proportion to our bank share in available
3.
DP (based on ratio of sanctioned limit to total limit under consortium / MBA/JLA). Details of
facilities availed with other banks and drawings allowed shall be obtained on regular basis
from the members of the consortium/MBA/JLA.
DP shall not be allowed against obsolete stocks, stocks released under trust receipt, debtors
beyond 180 days and doubtful debts. The raw materials procured on DA basis under the LC
4.
limit, if any, shall be shown separately in the stock statements and the same shall not be
reckoned for DP until such raw material is fully paid
The receivables / book debts due from associate / group companies shall not be reckoned for
5.
the purpose of computation of DP unless specifically permitted in sanction terms.
In case where the exposure is below Rs.200.00 lakhs, book debts statement stating age-wise
6. classification of book debts duly certified by Chartered Accountant shall be obtained once in
six months.
Bills discounted under LCs shall not be considered as eligible receivables for the purpose of
7.
calculation of DP.
Advances against Bank guarantee for working capital purpose shall be treated as eligible
8.
creditors for calculation of DP in case of facility granted to contractors.
In respect of WC limits of Rs 200.00 lakhs and above, all the Current Assets of the Unit will be
verified and valued by an External Auditor to be appointed by the Bank or lead bank in case
9. of consortium account on half yearly basis and the fees of such auditor shall be borne by the
company/firm. This is in addition to the verification that may be carried out by the Bank
Officials during their visits to the unit of the company/firm from time to time.
Stock of inventory hypothecated to the bank shall be valued at cost or market price/realizable
10. value whichever is lower. The inventory shall be properly stored in a godowns with free
access to the bank officials at all times
The company/firm shall undertake to route all transactions through their account with us if the
11. facilities are solely availed from our bank. In case of consortium/MBA/JLA, the company/firm
shall undertake to route proportionate turnover through the account with us.
The facilities shall be due for annual review/renewal by (Next renewal date). Therefore,
Audited Balance Sheet as of 31-Mar-24, CMA data base with assumption for Provisional of
12.
FY 31-03-25 and Estimates/Projections for FY 31-03-26 be submitted to the Branch by
(period 3 months prior to renewal date).
The facility is subject to review within 12 months. In case the account is not reviewed within
12 months from the date of sanction and is reviewed before the end of 15 months from the
date of sanction, penal interest of 1% will be recovered over and above the ROI charged. In
13.
case the account is not reviewed within 15 months from the date of last sanction, the same
can be reviewed subject to discretion of the bank and recovery of 2% penal interest over and
above the sanctioned Rate of Interest.

Name of Borrower : AMAR RAMAN PADVI

Page 19 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

For Term Loan Facility:

The company/ firm to submit draw down schedule at the time of first drawal which should be
1.
maximum within six months from date of sanction otherwise the sanction shall lapse.
If the draw down is not completed within moratorium period, the remaining undrawn portion shall be
2.
treated as cancelled unless extension is permitted by the bank.
The promoters contribution / internal accruals shall be brought in up front/proportionately as the
3.
case may be during the implementation period.
In case of Project Loan, the company/firm shall submit to the bank monthly / quarterly progress
report on implementation of the project along with a certificate from the Architect certifying the
4.
physical progress of the project work and a certificate from Chartered Accountant certifying the
breakup of the source of funds and use of funds in the project.
Cash Flow statements duly certified by the company/ firm should be submitted at quarterly intervals
5.
if applicable
The capital expenditure already incurred by company/ firm, if any, towards implementation of the
project may be reimbursed by retaining stipulated margin subject to production of detailed statement
6
duly certified by a Chartered Accountant and other documentary proof like receipts of payment
made etc.
7. The branch shall ensure end use of funds. Post disbursement visit report be kept on record.
Any overrun in the cost of project shall be solely met by the company/firm by raising equity and / or
8. additional long term funds in the manner acceptable to the Bank. An undertaking to that effect be
obtained.
In the event of prepayment of the term loan, the company/firm shall pay prepayment penalty at 1%
9. on the amount prepaid. This condition is applicable if the sanctioned amount of term loan is Rs.1.00
crore or more and if the repayment is not out of own sources.
The company/firm shall submit an undertaking that it will not to create any other charge over the
10. machineries / equipment(s) hypothecated to the Bank and over properties mortgaged to the Bank
which are purchased out of Bank finance.
The company/firm shall not shift or remove the security described in the schedule of agreement
11.
without the prior approval of the Bank in writing
12. The SCOD of the project is subject to finalization at the time of financial closure/documentation
Branch shall obtain and keep on record the original invoices from suppliers/contractors or a list of
machinery / equipment etc and photocopies of invoices thereof duly certified by Chartered
Accountant. The company/firm should confirm and demonstrate before disbursement that all
13.
approvals, clearances, consents and waivers etc. required for the project are obtained from the
competent authorities and are valid and effective. The company/firm shall further undertake to keep
them valid and effective during the tenure of the loan/bank facility.
The loan should be disbursed directly to the contractors / builders / suppliers through NEFT/RTGS
duly mentioning the details and purpose of remittance. Branch to obtain letter from supplier giving
details of the suppliers Bank details including Account No., IFSC Code and confirming that the
14.
goods would be supplied to the borrower with Banks hypothecation charge. In case disbursement is
made through other mode supporting documents confirming end use of the funds must be held on
record.
In case of project loans, the company/firm should undertake to give 1st right of refusal to the bank
15. for participation in their future working capital requirements including non-fund based requirements
on completion of the project.
In case of consortium/Joint lending arrangements, all other terms and conditions as stipulated by
16. the leader bank / other bank in the consortium/joint lending shall be applicable Mutatis Mutandis for
the credit limits sanctioned by our Bank so far as same are not detrimental to interest of our bank.
For Term Loans above Rs.50.00 crore covenants if any in relation to certain agreed parameters like
TOL/TNW, TOL/Adj. TNW, Current Ratio, DSCR, D/E Ratio are stipulated, the same are required to

Name of Borrower : AMAR RAMAN PADVI

Page 20 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

17. be tested annually on the basis of Audited Balance Sheet (ABS). Penal interest of 1% will be
charged in case of breach of any of the parameters from the date of ABS and shall continue till the
breach is cured.
The breach of any covenant will be treated as Event of Default.

Other General terms and conditions:

1. The company/firm shall submit an undertaking to the effect that it will:
A. Not utilize the working capital finance for acquisition of fixed assets and for speculative purposes.
B. Obtain NOC from the Bank for availing of credit facilities from other Banks / Fls for further
expansion of business, taking up new business activity or setting up / investing in a subsidiary
whether in the same business line or related business.
C. Submit a certificate at the end of every quarter furnishing details of accounts opened with other
Bank/s or it shall submit nil certificate if no account is opened during the quarter.
D. In case of shortfall in estimated profitability/cash accrual it will make good the shortfall
immediately by infusion of additional capital and / or long term sources and this support will be kept
valid during the currency of bank finance. The company/firm should also undertake to maintain
satisfactory TOL/TNW ratio, Current Ratio, Net Working Capital failing which penal interest @1%
may be charged for the period of default.
E. Maintain the level of unsecured loans estimated and accepted if any at the time of sanction
throughout the currency of the bank finance.
F. Not transfer / invest funds from the facility/ies availed from the Bank in whatsoever manner in any
other concern.
2. The company/firm/trust shall submit a declaration stating that:
A. They have no objection for disclosure of the names of Company/ directors/ firm/ partners/
proprietor/ trustees of the trust/ guarantors to RBI/CIBIL.
B. The payment to small investors (if public deposit is accepted) is up to date and dues to MSE
suppliers are paid on time.
C. It is not a company/firm in which any of the directors of other banks hold substantial interest or is
interested as a Director/Partner or Guarantor.
D. The directors of the company/partners/proprietor of the firm/ trustees of trust are not directors /
relatives of directors of bank.
E. No litigation (other than arising in normal course of business) is pending against the Company/
directors/ firm/ partners/ proprietor/ trustees/ guarantors/ group concerns.
F. They are not related to any of the Senior officials of the Bank.
The company/ firm should maintain adequate books of accounts, as per applicable accounting
3. practices and standards, which should correctly reflect its financial position and scale of operations
and should not radically change its accounting system without notice to the Bank.
The company/firm should submit to the Bank such financial statement as may be required by the
4. Bank from time to time in addition to the set of such statements to be furnished by the company/
firm to the Bank as on the date of publication of the company/ firms annual accounts.
The company/firm should not induct into its Board a person whose name appears in the wilful
defaulters list of Credit Information Companies. In case such a person is already on the Board of the
5.
borrowing company, it would take expeditious and effective steps for removal of that person from its
Board. Nominee directors are excluded for this purpose.
The company/firm shall keep the Bank informed of any circumstance adversely affecting the
6. financial position of subsidiaries/ group companies or companies in which it has invested, including
any action taken by any creditor against the said companies legally or otherwise.
The company/firm shall deal with our Bank/ Banks under consortium/ multiple banking arrangement
exclusively, shall not open current account(s) with any other Bank without our permission. The
company/ firms entire business relating to their activity including deposit, remittances, bills/ cheque
7. purchase, non-fund based transactions including LCs and BGs, Forex transactions, merchant

Name of Borrower : AMAR RAMAN PADVI

Page 21 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

banking, any interest rate or currency hedging business etc. should be restricted only to the
financing banks under consortium/ multiple banking arrangement.
Fund Based limits both in Working Capital and Term Loan, should be regulated through an Escrow
8.
mechanism as agreed among banks to avoid any kind of diversion of funds.
The company/firm shall keep the Bank informed of the happening of any event likely to have a
substantial effect on their profit or business: for instance, if, the monthly production or sales are
9.
substantially less than what had been indicated, the company/ firm shall immediately inform the
Bank with explanations and the remedial steps taken and / or proposed to be taken
The company/firm shall not effect any change in its capital structure where the shareholding of the
existing promoter(s) gets diluted below current level or 51% of the controlling stake (Whichever is
10. lower), without prior permission of the Bank-for which 60 days prior notice shall be required. In case
of limited liability partnerships and partnerships firms promoters would mean managing partners for
the purpose of this covenant
No commission/ consideration to be paid by the company/ firms to the guarantors for guaranteeing
11.
the credit facilities sanctioned by the Bank to the company/ firms.
The company/ firm will utilise the funds for the purpose they have been lent. Any deviation will be
12.
dealt with as per Bank/ RBI guidelines
Promoters shares in the borrowing entity should not be pledged to any Bank/ NBFC/Institution
13.
without Banks consent
The undernoted covenants will be subject to prior notice being given by the company/ firm and
being agreed to by the Bank. If the Bank turns down the company/ firms request but the later still
goes ahead, the Bank shall have the right to call up the facilities sanctioned
i. Formulating any scheme of amalgamation or reconstruction.
ii. Undertaking any new project, implementing any scheme of expansion/ diversification or capital
expenditure or acquiring fixed assets (except normal replacement indicated in funds flow statement
submitted to and approved by the Bank) if such investment results into breach of financial
covenants or diversion of working capital funds to financing of long term assets.
iii. Investing by way of share capital in or lending or advancing funds to or placing deposits with any
other concern including group companies. (Normal trade credit or security deposits in the ordinary
course of business or advances to employees can, however, be extended). Such investment should
not result in breach of financial covenants relating to TOL/Adj. TNW and current ratio agreed upon
at the time of sanction.
iv. Entering into borrowing arrangement either secured or unsecured with any other bank, financial
institution, company or otherwise or accepting deposits which increases indebtedness beyond
permitted limits, stipulated if any at the time of sanction.
v. Undertaking any guarantee or letter of comfort in the nature of guarantee on behalf of any other
company (including group companies)
vi. Declaring dividends for any year except out of profits relating to that year after making all due
and necessary provisions and provided further that such distribution may be permitted only if no
event of default/ breach in financial covenant is subsisting in any repayment obligations to the Bank.
vii. Creating any charge, lien or encumbrance over its undertaking or any part thereof in favour of
any financial institution, bank, company, firm or persons.
14. viii. Selling, assigning, mortgaging or otherwise disposing of any of fixed assets charged to the
Bank. However, fixed assets to the extent of 5% of gross block may be sold in any financial year
provided such sale does not dilute FACR below minimum stipulated level. (Not applicable for
unsecured loans)
ix. Entering into any contractual obligation of a long term nature or which, in the reasonable
assessment of the Bank, is detrimental to lenders interest, viz. acquisitions beyond the capability of
borrower as determined by the present scale of operations or tangible net worth of the company/
firm/ net means of promoters etc. leveraged buyout etc.
x. Changing the practice with regard to remuneration of Directors by means of ordinary,
remuneration or commission, scale of sitting fees etc. except where mandated by any legal or

Name of Borrower : AMAR RAMAN PADVI

Page 22 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

regulatory provisions.
xi. Undertaking any trading activity other than the sale of products arising out of its own
manufacturing operations. (Not applicable in case of finance is for trading activity only)
xii. Permitting any transfer of the controlling interest or making any drastic change in the
management set-up including resignation of promoters directors.
xiii. Repaying monies brought in by the promoters/ directors/ principal shareholders and their friends
and relatives by way of deposits/ loans/ advances. Further, the rate of interest, if any, payable on
such deposits / loans/ advances should be lower than the rate of interest charged by the Bank on its
term loan and payment of such interest will be subject to regular repayment of instalments of term
loans granted/ deferred payment guarantees executed by the Bank or other repayment obligations,
if any, due from the company/ firm to the Bank.
xiv. Approaching capital market for mobilizing additional resources either in the form of debt or
equity.
Documentation
The credit limits shall be released after completing documentation. If the branch is under concurrent
15.
audit, then concurrence of the auditor to be obtained at the time of disbursement
In respect of accounts with exposure of Rs. 50 lakhs and above, upon completion of documentation,
16. the same shall be subject to verification by law officer/ panel advocate before release of facilities. In
case of consortium/ JLA vetting by LLC be obtained.
Certified copy of the resolution passed at the Board meeting of the Company authorizing borrowal
of credit limits from the Bank and execution of the loan documents be obtained. Further the copy of
17.
board resolution stating that borrowings of the company are within the total borrowing powers as per
MoA/AoA be kept on record.
Our charge / modification of charge shall be registered with ROC wherever applicable within the
prescribed period. Further our charge on the property/ies/hypothecated securities by way of
mortgage/hypothecation should also be registered with CERSAI. Before creation of our charge with
18.
CERSAI it should be ensured that no prior charge is created / is in existence on the property/ies
/securities which is proposed for mortgage/ hypothecation to avoid multiple charges on the same
property/security and to prevent fraudulent transactions
Legal opinion on the immovable properties offered as primary / collateral shall be obtained from our
panel advocate to ensure valid and enforceable mortgage. Mortgage / documentation formalities
19.
shall be completed under due legal advice. In case the account is under consortium /JLA, copy of
such opinion obtained by the lead bank from their panel advocate/LLC be held on record
Valuation report of the immovable / movable fixed assets to be mortgaged / hypothecated shall be
obtained from the Banks approved valuer. In case of exposure above Rs. 5.00 crore, valuation from
2 panel valuers shall be obtained, and if there is material variation between the two valuations,
20. lower of the two shall be considered.
In case the account is under consortium /JLA, copy of such reports obtained by the lead bank from
their panel valuers be held on record
All securities charged to the Bank shall be insured against all risks for the full value at the Companys
21. /firms cost and the policy shall remain in the joint names of the company/firm and Bank with banks
clause duly incorporated therein.
Where pledge of shares is stipulated it should be ensured that the bank does not hold shares of an
22. amount exceeding 30% of the paid up share capital of that company or 30% of banks paid up
capital and reserves whichever is less.
In case of advance under consortium, the facility shall be operative subject to formal admission of
our Bank as member of consortium & completion of Joint Documentation by consortium OR
23. execution of individual documents by obtaining letter for ceding pari-passu charge on primary and
collateral security along with NOC from consortium leader/ members if specifically permitted in the
sanction.
Restrictive Covenant
The company/ firm is prohibited from using the facility amount or any part thereof for any purpose

Name of Borrower : AMAR RAMAN PADVI

Page 23 of 26
Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

24. other than for which it has been sanctioned and in case of violation, the bank has a right to recall
the facility amount or any part thereof at once not withstanding anything contrary to the above or
any other agreement
The company/ firm should not make any drastic change in their management set up without the
25.
Banks permission.
The sanction accorded by the Bank does not vest in any right to claim any damages against the
26.
Bank for any reasons whatsoever
The Company shall not declare any dividend unless satisfactory arrangements are made for debt
27.
servicing.
Bank Reserves the unqualified right (that / to)
In case of default in repayment of the loan/ advances or in the payment of interest thereon or any of
the agreed instalments of the loan on due date(s) by the borrower, the Bank and / or the RBI will
28. have an unqualified right to disclose or publish the company/ firms name or the name of the
company/ firm/ unit and its directors/ partners/ proprietors as defaulters/ wilful defaulters in such
manner and through such medium as the Bank or RBI in their absolute discretion may think fit.
Bank will have right to examine at all times the company/ firms books of accounts and to have the
company/ firms factories inspected from time to time by officer(s) of the Bank and/ or qualified
29.
auditors and / or technical experts and or management consultants of the Banks choice. Cost of
such inspection shall be borne by the company/ firm.
The Bank will have the right to share credit information as deemed appropriate with Credit
30.
Information Companies (CICs) or any other institution as approved by RBI from time to time.
To assign/shift a part /full of the advance to any bank/FI without notice to the company/firm by way
31.
of participations
To charge / continue to charge interest as indicated at monthly rests and to review rate of interest /
commission and other terms applicable from time to time and to modify the same at the sole
32.
discretion of the Bank and to give notice at any time and thereafter to charge such other rate of
interest as the Bank may decide.
To charge higher rate of interest on downgrading of the rating on default in repayment of any loan
33. instalment and/ or servicing of interest in any loan account (including working capital) for any month
and to recall the entire advance if the default continues subsequently
To review and re price the credit exposure in case external rating of applicant company/firm is
34.
downgraded.
In the event of default in repayment to the Bank or if cross default has occurred, the Bank will have
35. the right to appoint its nominee on the Board of Directors of the company/ firm to look after its
interests
In stressed situation or restructuring of debt, the regulatory guidelines provide for conversion of debt
36. to equity. The Bank shall have the right to convert loan to equity or other capital in accordance with
the regulatory guidelines
After provision for tax and other statutory liabilities, unless expressly permitted otherwise, the Bank
37.
will have a first right on the profits of the company/ firm for repayment of amounts due to the Bank
In the event of default, or where signs of inherent weakness are apparent, the Bank shall have the
38. right to securitise the assets charged and in the event of such securitization, the Bank will suitably
inform the company/ firm(s) and guarantor(s)
Cancel the limits (either fully or partially) unconditionally, without prior notice in case of occurrence
of all or any of the following events :
a) The limits / part of the limits are not utilized.
b) Deterioration in the loan account in any manner whatsoever
39.
c) Non-compliance of terms and conditions of sanction
d) Any other reason which the bank considers appropriate to cancel the facility
Borrowers Consent Letter for Unequivocal and Unconditional accord in this regard to be submitted /
obtained. (Applicable for sanctioned limits of Rs. 10 lakhs and above.)

Name of Borrower : AMAR RAMAN PADVI

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Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

Branch shall ensure that :

Confidential report/s on company/ firm from all existing banker/s is / are obtained and kept on
record. Alternatively a certificate from the statutory auditors or chartered accountant firm of the
40.
company / firm stating that all accounts of the company/firm with all the existing banks are in order
and are standard is obtained and kept on record.
All un-rectified inspection / audit / credit audit / stock audit / concurrent audit / APR comments are
41.
rectified prior to disbursement / release of enhanced facilities in case of existing borrowers.
All necessary regulatory / statutory and mandatory clearances / approvals such as environmental,
42. forest, rehabilitation, pollution control etc are in place at the time of disbursement wherever
applicable.
Latest personal information forms duly filled in by the directors / partners/ proprietor/ trustees
43. /guarantors and Net worth details supported by relevant tax returns / duly certified by their auditors
are obtained.
Charges:
Processing charges / Upfront Fees / Supervision / Inspection / Commitment / Amendment / NOC
issuance charges etc wherever applicable shall be collected as per the Banks guidelines unless
specifically waived / concession is granted.
Processing fee is to be recovered on annual basis for review renewal of working capital facility. For
44.
annual review of Term Loan with limit Rs. 1 crore and above, Rs. 25000 shall be recovered.( Also
applicable for review rollover of short term loans)
All other charges as per extant guidelines of the bank and Service Charge rules will be recovered
(wherever applicable) unless specifically waived / concession is granted.
Each of the following events will attract penal interest, over and above the normal interest rate
applicable in account :
I. Non-compliance of terms of sanction @ 1.00% p.a.
II. Non-creation of security @ 1.00% p.a.
III. Late / non submission of monthly stock / receivables statements beyond expected due date
every month @ 1% for period of default.
45. IV. In case of payment default; for the period of overdue interest/ instalment in respect of Term Loan
accounts and over-drawings above the drawing power/ limit on account of interest / devolvement of
Letter of Credit/ Bank Guarantee, insufficient stocks and receivables etc. in case of Fund Based
Working Capital accounts @ 2% on the portion of overdrawings.
Where simultaneous defaults are observed under various heads where penal interest is applicable,
the maximum penal interest to be charged over and above the normal applicable rate of interest
shall be restricted to 2% p.a.
Monitoring
The Branch should reconfirm the External Rating of the company/firm before disbursement of the
46. fresh credit facility. If there is any down-gradation from the last reported rating, the same should be
brought to the notice of sanctioning authority prior to disbursement
The company/firm shall submit to the Bank, every year, audited annual accounts within a period not
exceeding 6 months / three months (in case of listed companies) from the close of the previous
47.
accounting year. Similarly quarterly results wherever applicable shall also be submitted within 45
days from the end of the last quarter
In respect of accounts with exposures above Rs. 5 crores, external rating as required under Basel
III to be renewed every year from an approved rating agency failing which penal interest of 1% shall
48.
be charged for the period of default. Wherever the external rating is downgraded, additional interest
@ 25bps shall be charged per notch downgrading.
Proper sign board should be displayed / painted on the factory premises / go downs at a
49.
conspicuous place giving clear notice of the Banks charge over the assets of the unit.
Field authorities shall make visit to unit/s of the company/firm including registered / corporate offices
once in 3 months. Visit Report be kept on record. Pre and Post sanction visit reports with end use

Name of Borrower : AMAR RAMAN PADVI

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Branch : PRAKASHE, Zone : JALGOAN
 Note for CPC Head

50. certificate, verifying the end-use be held on record. Pre sanction visit of the properties offered as
principal / collateral securities be made and report thereof be held on record confirming the
acceptability of the valuation given by the valuer of those properties.
End use certificate from the company/firm be obtained certifying that funds have been used for the
purpose for which the facilities have been sanctioned. Where the accounts of the company/firm are
subject to audit, the end use certificate should be obtained from the auditors of the company/firm. In
51.
case of branches under concurrent audit, end use certificate from concurrent auditor shall also be
obtained in respect of disbursement of loans and advances of above Rs. 10.00 Lakhs. The
branches shall send the confirmation of end use to the sanctioning authority.
Zonal Office/Branch to study the balance sheets of sister concerns, as far as possible on a common
date else balance sheet not older than nine months to analyse interlocking of funds, diversion of
52.
funds etc. Any material negative observation revealed from above exercise shall be reported to the
sanctioning authority
The branch should submit Certificate of Compliance of Terms and Conditions of sanction to the
53.
Zonal Office prior to disbursement.
In case of shortfall in NWC, Zonal Office / Branch shall monitor the account closely and confirm that
applicant has infused adequate funds by way of capital or long term sources ( in manner acceptable
54.
to the bank) in order to meet the NWC shortfall. Improvement in NWC shall be verified from
quarterly results duly certified by Chartered Accountant/Auditors of the company/firm.
The company/ firm shall submit a certificate at the end of every quarter, furnishing details of
55. accounts opened with other banks. If no such account is opened, a nil certificate should be
submitted.
56. A certificate from CA stating that all statutory dues are paid up to date be obtained.
57. All the facilities sanctioned are subject to annual review
In case of MBA/ Consortium/ JLA, exchange of information should be ensured at Quarterly intervals
58.
and Banks guidelines shall be adhered to strictly ( Wherever applicable )
Field authorities shall adhere to extant guidelines and instructions on obtaining / Sharing of
Information relating to credit, derivatives and un-hedged foreign currency exposure for borrowers
59.
availing credit facilities under consortium / multiple banking arrangement / Joint lending
arrangement before release of credit facility.
Banks policy on un-hedged foreign exchange exposure shall be adhered to strictly in case of un-
60.
hedged foreign exchange exposure.
Additional Interest as stipulated in HO circular no. AX1/Cr. Mon/Cir. No.24/2014-15 dated 26.03.15
61. on un-hedged Foreign Currency exposure to the borrower enjoying total exposure of Rs.10.00 crore
and above be recovered on getting the information from TIBD on quarterly basis.
62. This Sanction is valid for 90 days from date of sanction.

Name of Borrower : AMAR RAMAN PADVI

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Branch : PRAKASHE, Zone : JALGOAN