I.D. 10011
CORPORATION BANK
(A GOVT. OF INDIA ENTERPRISE)
HEAD OFFICE : MANGALORE

CORP PROFESSIONAL
APPLICATION CUM APPRAISAL

1. Please fill all the columns in the application invariably & no columns
shall be left blank. If any information is not applicable mark as NA.
2. Wherever space is not sufficient, separate sheet may be used.
3. Corporation Bank reserves the right to reject any application.
4. Please tick () whichever is applicable.
5. Applicant should submit duly filled application along with all relevant
Affix recent
pass port size
Photograph
of Applicant
with signature
Affix recent
pass port size
Photograph
of Co-applicant
with signature
documents.
To:
The Branch Manager,
........................................ Branch
Dear Sir,
I/We hereby apply for a Corp Professional loan of Rs........................ (Rupees.................................................................
............................................................................... only) To enable you to consider my/our application for loan, I/we furnish the following details.
PERSONAL DETAILS (FOR INDIVIDUALS ONLY)
APPLICANT
CO-APPLICANT
01. NAME IN FULL
Mr/Ms.........................................................................................................................................................................
Mr/Ms………….........................................................
Relationship with applicant…………........................
02 FATHER’S/HUSBAND’S NAME
MR.................................................................................
MR...............................................................................
03. DATE OF BIRTH
04. GENDER
MALE : FEMALE:
MALE: FEMALE:
05. MARITAL STATUS
SINGLE MARRIED DIVORCEE
SINGLE MARRIED DIVORCEE
06. NO. OF DEPENDENTS
CHILDREN.................. OTHERS.................................
CHILDREN.................. OTHERS........................
07. RELIGION
08. EDU. QUALIFICATION
GRADUATE POST GRADUATE OTHERS
GRADUATE POST GRADUATE OTHERS
IF PROFESSIONAL
DOCTOR CA ENGINEER MBA
OTHERS (SPECIFY) ............................
DOCTOR CA ENGINEER MBA
OTHERS (SPECIFY) ............................
09. A. STATUS
B. CATEGORY
RESIDENT NRI PIO
SC ST OBC OTHERS
RESIDENT NRI PIO
SC ST OBC OTHERS
10. PAN NO
NO................................ISSUED BY............................
NO................................ISSUED BY.........................
11. PASSPORT NUMBER
NO.................................ISSUED BY..................................
VALID TILL........................................................................
NO.................................ISSUED BY..............................
VALID TILL..................................................................
12. VOTER ID NUMBER
13. DRIVING LICENCENO.
14. RESIDENTIAL ADDRESS
...................................................................................................................................................................................
CITY:........................ ..........PIN : ................. .................
PHONE : MOBILE:
EMAIL:....................................................
OWNED RENTED EMPLOYER’S
PERIOD OF STAY ..................... YEARS.
........................................................................................................................................................................
CITY:...............................PIN : ................. ...............
PHONE : MOBILE:
EMAIL:..................................................
OWNED RENTED EMPLOYER’S
PERIOD OF STAY..........................YEARS.
15. PERMANENT ADDRESS.
....................................................................................................................................................................................
CITY:........................ ..........PIN : ................. …………
PHONE: MOBILE:
........................................................................................................................................................................CITY:........................ ..........PIN : ..............……….
PHONE : MOBILE:
16. OCCUPATION
EMPLOYED PROFESSIONAL BUSINESS SELF EMPLOYED AGRICULTURE & ALLIED ACTIVITIES OTHERS (SPECIFY) ..................
EMPLOYED PROFESSIONAL BUSINESS SELF EMPLOYED AGRICULTURE & ALLIED ACTIVITIES OTHERS (SPECIFY) ................
17. NET WORTH *
RS.
RS.
* Note : Full details to be furnished in the Statements of Assets and Liabilities by the applicant & co-applicant/s.
320
EMPLOYMENT DETAILS
APPLICANT
CO -APPLICANT
01. EMPLOYER NAME
02. EMPLOYER TYPE
Central State PSU Others
Central State PSU Others
03. EMPLOYER'S ADDRESS:
(Mention the address of the Office presently you are
based at )
...................................................................................................................................................... CITY:......................................PIN :...............
State :...............................................................
Office Phone No.................... Ext No.............
Email...............................................................
............................................................................................................................................ CITY:.....................................PIN :.............
State:.............................................................
Office Phone No.................... Ext No..........
Email............................................................
04. WORKING SINCE
Date:
Date:
05. WHETHER THE JOB IS
TRANSFERABLE
YES : NO:
If yes: With in State All India
YES : NO:
If yes: With in State All India
06. REMAINING SERVICE
..................Years
.....................Years.
07. DESIGNATION &
DEPARTMENT
Designation:
Department:
Designation:
Department:
08. DETAILS OF PREVIOUS
EMPLOYMENT IF ANY
(Please mention Name of the employer, no of years of service etc.)
...........................................................……..
...........................................................……..
...........................................................……..
.....................................................……….
.....................................................….…...
......................................................……...
09. INCOME DETAILS
APPLICANT
CO-APPLICANT
1. Gross Salary
2. Other income (specify: ) 3. Total Income (1+2)
4. Statutory Deductions (PF+Tax+SSS,etc )
5. Other Deductions (LIC direct payment etc)
6. Net Income
(Enclose Income Proof)
Rs..........................………...
Rs.........................………...
Rs..........................………..
Rs............................………
Rs.............................. …….
Rs.............................. …….
Rs..............................
Rs..............................
Rs..............................
Rs..............................
Rs..............................
Rs..............................
DETAILS IN CASE APPLICANT IS PROFESSIONAL /PROPRIETORSHIP / FIRM /COMPANY
1. BUSINESS NAME
2. DATE OF ESTABLISHMENT
3. NATURE OF ONSTITUTION
Professional Proprietorship Partnership Company Others
4. NATURE OF BUSINESS
/PROFESSION
5. BUSINESS ADDRESS
...........................................................................................................................................
...........................................................................................................................................
Phone: Mobile Fax: Email:
6. REGISTRATION NUMBER
7. SALES TAX NO / VAT NO
8. PAN NUMBER
(Amount in lacs)
Year
Turnover
Gross Income /Profit
Net income/ Profit
First
Second
9. BUSINESS PERFORMANCE FOR THE LAST 3 YEARS
(Enclose the proof)
Third
10. PARTICULARS OF PROPRIETOR /PARTNERS/DIRECTORS ETC
Name & Address
Age
Qualification
Net Worth
Net Income
Phone No.
A.
B.
C.
D.
Note : Full details to be furnished in the Statements of Assets and Liabilities separately by the proprietor/partners/directors etc.
321
ADDITIONAL INFORMATION FOR ALL CATEGORY OF BORROWERS
PRESENT BANKERS
APPLICANT
CO-APLICANT
NAME OF THE BANK/S & BRANCH
DEALING WITH SINCE
CREDIT FACILITIES ENJOYED ,IF ANY.
A/C NO. LIMIT (in lacs) Bal.O/S(in lacs) EMI(Rs.)
A/C NO. LIMIT (in lacs) Bal.O/S(in lacs) EMI(Rs.)
Whether any relative is working in our Bank?
Yes No. If yes, his/her details: .......................................................................
Yes No. If yes, his/her details: .......................................................................
OTHER INFORMATION
APPLICANT
CO -APPLICANT
Saving habits
No Savings PPF/NSC/Pension fund
Bank Deposit/Mutual fund/others
No Savings PPF/NSC/Pension fund
Bank Deposit/Mutual fund/others
Borrowing history
Loans / Credit Cards Credit Card only
No loans /Credit Cards
Loans / Credit Cards Credit Card only
No loans /Credit Cards
Family Medical History
Critical illness in family No illness
No Critical illness require regular treatment
Critical illness in family No illness
No Critical illness require regular treatment
Method of repayment
Post dated cheques Salary deduction Standing instructions
Post dated cheques Salary deduction Standing instructions
Projected Income
Stable Income Irregular/varying Income
Decline in Income No much variation
Stable Income Irregular/varying Income
Decline in Income No much variation
Name:..................................................................
Phone:...................
How do you know............................................
Know since......................................................
Name:..................................................................
Phone:...................
How do you know............................................
Know since......................................................
Two references
(To be provided by the borrower)
Name:..................................................................
Phone:...................
How do you know............................................
Know since......................................................
Name:..................................................................
Phone:...................
How do you know............................................
Know since......................................................
LAON DETAILS
PURPOSE OF LOAN
Purchase of ready built/under construction office premises & furnishing Purchase of site and construction of office & furnishing Construction of office premises in pre owned land & furnishing
NATURE OF PROFESSION
Medical Practitioner Chartered Accountant Cost Accountant
Company Secretary Lawyers Solicitors
Engineers Architect Surveyor Construction Contractor Management Consultant Others...................
Free lance Journalist/Cameraman
REGISTRATION/ LICENCE NO
EXPERIENCE
......................years.
PROJECT COST
MARGIN ( OWN CONTRIBUTION)
LOAN AMOUNT
BUILDING
Rs.
Rs.
Rs.
FURNITURE
Rs.
Rs.
Rs.
TOTAL
Rs.
Rs.
Rs.
REPAYMENT PERIOD
REPAYMENT HOLIDAY
PRESENT NET ANNUAL INCOME
..............................…... Years/Months
...........................Months
Rs.
COLLATERAL SECURITIES OFFERED IF ANY
Rs.
322
Full address /location of the property (Survey No/ Door No/ Flat No/House No/ Road, Village, Taluk, District, State)
Prominent land mark/s if any.
...........................................................................................................................................
............................................................................................................................................
............................................................................................................................................
NAME & ADDRESS OF THE BUILDER SELLER
.............................................................................................................................................
.............................................................................................................................................
Phone.......................... Mobile......................................Email.............................................
Location
Metro Urban Semi Urban Rural
Ownership
Single Joint
PROPERTY PROFILE
Age of the property : ..................... Years ( for ready built property only)
Particulars of Permission /Licence/ Plan Approval obtained from the Competent Authority.
Do you have any statutory dues outstanding?
Yes No , If Yes, Details...........................................
DETAILS OF PROJECT COST
(A) TO PURCHASE READY BUILT PREMISES
OR PREMISES UNDER CONSTRUCTION
(B) FOR CONSTRUCTION OF PREMISES
1) Area of Premises
2) Cost per Sq.ft.
3) Purchase Price ( 1x2)
4)Stamp duty + Registration charges,etc.
5) Cost of premises (3+4)
6) Cost of furnishing
7) Project cost ( 5+6)
........................Sq.ft.
Rs............................
Rs............................
Rs............................
Rs............................
Rs............................
Rs............................
Whether the unit is booked
Date of Booking
Stage of construction
Advance payment made if any
Likely date of completion
Yes No
................................
................................
................................
................................
1) Original value of pre owned Land
2) Area of land
3) Proposed built up area
4) Estimated cost of construction
5)Cost of furnishing
6) Project cost (4+5)
Stage of construction
Likely date of completion.
Whether specific permission from the competent authority to use the proposed premises as a commercial premises is obtained ?
If yes, details of permission
Rs..............................
..........................Sq.ft
..........................Sq.ft
Rs..............................
Rs..............................
Rs..............................
..................................
..................................
Yes No
..................................
PROJECTED INCOME & EXPENDITURE
1) Net monthly income as per income proof
2) Incremental income generated by
acquiring new premises per month.
3) Additional income due to rent saving etc
4)Total income per month (1 to 3)
5) Monthly repair/maintenance Expenses
6) Salary paid to machine operator/staff
7) Depreciation
8) Interest on existing loans if any
9) Interest on proposed loan
10) Rent paid
11)Drawings.
Rs.........................
Rs.........................
Rs.........................
Rs.........................
Rs.........................
Rs.........................
Rs.........................
Rs.........................
Rs........................
Rs........................
Rs........................
12)Income tax/prof tax/LIC prem etc
13) Tax on building
14)Other expenses if any
15)Total monthly expenses (5 to 14)
16)Net Surplus ( 5-15)
17)Depreciation added back (7)
18)Interest on loans added back (9+10)
19)Net cash accrual (16+17+18)
20)EMI of existing loans
21)EMI of proposed loan.
22)Total loan obligations (20+21)
23)DSCR (19 divided by 22)
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs.........................
Rs..........................
Rs………………..
Note: Please enclose separate Project Report & Cash flow statement/DSCR statement for entire repayment period.
323
I/We declare that all the particulars and information furnished above are true, correct and complete and they shall form the basis of any credit decision to be taken by the Bank. I/We have not ever been adjudicated insolvent nor any insolvency proceedings are pending against me/us. I/ We further understand that the loan is at the sole discretion of the Bank. I/We confirm that the funds shall be used for the stated purpose only and shall not be used for speculative/anti-social purposes. I/We authorize Corporation Bank to conduct such checks as it considers necessary in its sole discretion and also to authorize the Bank to release such information or any other information in its records to any agency for the purpose of credit appraisal/sharing or for any other purposes.
Place:
Date:
Signature of the Applicant Signature of the Co- applicant/s
PARTICULARS OF GUARANTOR
NAME IN FULL
Mr/Ms............................................................................................................................
FATHER’S / HUSBANDS NAME
DATE OF BIRTH & GENDER
DOB: MALE : FEMALE:
MARITAL STATUS
SINGLE MARRIED DIVORCEE
RELIGION :
EDU. QUALIFICATION
Graduate Post Graduate Others (specify)........ .............
IF PROFESSIONAL
Doctor CA Engineer MBA Others (specify).........................
PAN No
No: Issued by.......................................
PASSPORT NUMBER
No: Issued by................................... Valid till:........................
VOTER CARD NUMBER
DRIVING LICENCE NO
PRESENT
PERMANENT
RESIDENTIAL ADDRESS
................................................................................................................................................
CITY:........................ .PIN ..........................
Phone :.......................Mobile:........................ Email :............................................................
................................................................................................................................
CITY:........................ .PIN :...................
Phone :.......................Mobile:................ Email :...................................................
OFFICE ADDRESS.
..........................................................................................................................................
........................................................................................................................................
CITY:........................ ..................................PIN : .............................................................
Phone : Mobile: Email:...............................................
OCCUPATION
Employed Professional Business Self employed
Agriculture & Allied activities Others (Specify) ....................
Net Worth: Rs. Net Annual Income: Rs.
(Furnish proof of income such as salary slip/F-16/ IT return etc)
NET WORTH & INCOME
Statement of Assets & Liabilities should be submitted as per Bank’s format.
PRESENT BANKERS
NAME OF THE PRESENT BANK/S & BRANCH
DEALING WITH SINCE
CREDIT FACILITIES ENJOYED,
IF ANY.
A/C NO. LIMIT (in lacs) Bal.O/S(in lacs) EMI(Rs)
I declare that all the particulars and information furnished above are true, correct and complete to the best of my knowledge & belief. Further I declare that I am not a close relative of the borrower/s.
I hereby agree to stand as guarantor to .........................................................................loan (nature of facility)
for Rs...........................(Rupees....................................................................................only)
sought by Mr/Ms.................................................................................................................
Affix recent
pass port size photograph of
the Guarantor
with signature
Place :
Date : Signature of the Guarantor
324
CHECK LIST OF DOCUMENTS TO BE SUBMITTED ALONG WITH APPLICATION
Please mark [ ] the documents that are produced
PART - A : Common Documents
Yes
No
1
Address Proof & Age Proof of applicant/s and guarantor/s (Voter Identification Card, Passport, SSC Certificate or PAN - Card/ Ration Card /Driving Licence)
2
Net-worth Statements - Details of Assets and Liabilities of Borrower / Guarantor [Format available in the Branch] duly certified by the Chartered Accountant where the loan amount is for Rs.25 lakhs and above.
3
Two Passport size photographs of the Applicant , Co -applicant and Guarantor.
4
Documents of title for property and/ or all the link documents evidencing title of the property, i.e. Sale Deed and earlier title deeds.
5
Up to date encumbrance certificate for the past 13 years.
6
Latest Property Tax-paid receipts.
7
Legal Opinion on title to property from Bank’s approved advocate to be obtained through the branch.
8
Copy of Approved Plan and Building Licence
9
Valuation report from approved Civil Engineer to be obtained through the Branch.
10
Proof of advance payment, if any ( in case of purchase only)
11
Estimate for cost of construction / furnishing/quotation/invoice etc..
PART-B : Income proof & other documents:
For Professionals :
12
Copies of Balance Sheet and Income Statement for the past three years duly certified by Chartered Accountant
13
Income Tax Returns/ Assessment orders for past 3 years
14
Statement of account for the last 6 months from the existing banker.
15
Copy of Professional degree certificate/Registration certificate
NOTE: The checklist is only indicative. The Check List is intended to help the loan applicants to become aware of basic requirements, which will enable the Bank to process the application quickly. The bank reserves the right to accept or reject any application, without assigning any reasons. Neither the Bank nor any of its officials is liable for any delay and/or lapse on part of any third party.
APPRAISAL NOTE
Name of the Branch:.......................................
NAME IN FULL
Age
Net Worth
Net Income
Rs.
Rs.
Applicant/s
1) Mr/Ms/M/s......................................................................................
............................................................................................................
2) Mr/Ms.............................................................................................
............................................................................................................
Rs.
Rs.
Guarantor
Mr/Ms..................................................................................................
.............................................................................................................
Rs.
Rs.
NATURE OF CONSTITUTION
CATEGORY
MINORITY
Individual Joint Firm Company
SC ST
OBC Others
Yes No
325
PURPOSE OF LOAN
Purchase of ready built/under construction office premises
Construction of office premises in pre owned land
Purchase of site & construction of office premises
Loan is also sought for furnishing of premises acquired as above Yes No
NATURE OF PROFESSION
Medical Practitioner Chartered Accountant Cost Accountant Company Secretary
Lawyers Solicitors Engineers Architect Surveyor Construction Contractor
Management Consultant Free lance Journalist/Cameraman Others.(Specify)........................
REGISTRATION/ LICENCE NO
In case of Firms/Company/Trust/Hospital etc, Date of establishment
In case of Individuals, number of years of experience
.................................years
LOAN DETAILS
PROJECT COST
MARGIN
LOAN AMOUNT
RATE OF INTEREST
BUILDING
Rs.
35%
Rs.
Rs.
FURNISHING
Rs.
40%
Rs.
Rs.
TOTAL
Rs.
---
Rs.
Rs.
Repayment Period :.......….. years/months
(Inclusive of repayment holiday of ....…...months)
EMI :
DETAILS OF SECURITIES OFFERED
VALUE
Mortgage of land & building
PRIMARY
Hypothecation of :
COLLATERAL ECURITIES
OFFERED IF ANY,
Rs.
Applicant/s is/are dealing with the branch since
Operations in the account / other dealings with the branch
Good Satisfactory Average
TECHNICAL EVALUATION
1
Full address /location of the property (Survey No/ Door No/ Flat No/House No/ Road, Village, Taluk, District, State) Prominent land mark/s if any.
2
Area /Extent of Land
Total Area
Built up Area
3
Name & Addres of the Seller/Builder
………………………………………………………………….......
……………………………………………………………………...
4
Stage of construction of building
5
Likely date of completion of construction
Name of the valuer & Valuation Details
Age of the
property
Balance life
of property
Date of
valuation
Value
Rs.
6
Mr/Ms.
326
LEGAL EVALUATION
1
Name of the Lawyer :Mr/Ms.
2
Whether he is in Bank’s Panel
Yes No
3
Date of legal scrutiny report
4
Whether legal opinion is scrutinized through check list?
Yes No
5
Whether applicant has clear & marketable title
Yes No
6
Whether valid mortgage can be created in favour of Bank
Yes No
7
Any other conditions stipulated by the lawyer & compliance of the same:
FINANCIAL EVALUATION
A
Purchase price of premises
Rs.
B
Stamp duty
Rs.
C
Registration Charges
Rs.
D
Other Costs if any ( Specify)
Rs.
Rs.
E
Cost of Construction
Rs.
F
Cost of furnishing
Rs.
G
Total Project cost ( Total of A to F as applicable)
Rs.
H
Borrower’s contribution from his own sources
Rs.
I
Loan to be availed from the Bank ( G –H )
Rs.
COMPUTATION OF DEBT SERVICE COVERAGE RATIO
1) Present Net monthly income as per income proof of applicant/s
2) Incremental income generated by
acquiring new premises per month.
3) Additional income due to rent saving etc
4)Total income per month (1 to 3)
5) Monthly repair/maintenance Expenses
6) Salary paid to machine operator/staff
7) Depreciation
8) Interest on existing loans if any
9) Interest on proposed loan
10) Rent paid
121Drawings.
Rs........................
Rs…......................
Rs........................
Rs........................
Rs........................
Rs........................
Rs........................
Rs........................
Rs........................
Rs........................
Rs……………….
12) Income tax/Prof tax/LIC prem etc
13) Tax paid on building
14) Other expenses if any
15) Total monthly expenses (5 to 14)
16) Net Surplus (4-15)
17) Depreciation added back (7)
18) Interest on loans added back (8+9)
19) Net cash accrual (16+17+18)
20) EMI of existing loans
21) EMI of proposed loan.
22) Total loan obligations (20+21)
23) DSCR (19 divided by 22)
Note: DSCR as per Bank’s norm is
Rs..........................
Rs………………..
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs..........................
Rs.........................
.............................
1.5 : 1
327
COMPUTATION OF ELIGIBLE LOAN AMOUNT & EMI
Rupees
A
Maximum permissible loan amount under the scheme, based on the location of the property
Project cost
Prescribed Margin
Eligible loan
Premises
35%
Furnishing
40%
B
Maximum loan amount based on project cost
C
Loan amount sought by the applicant/s
D
Loan amount as per repayment capacity of the applicant/s:
As per DSCR. If DSCR is less than 1.5:1, loan amount shall be proportionately reduced.
E
PERMISSIBLE LOAN AMOUNT (Lowest amount from A, B, C , D above )
F
EMI factor for Rs.1 lakhs for the repayment period
(excluding initial repayment holiday) for prescribed ........ % of interest Rs....................
EMI for proposed loan ( EMI factor............... X ............................. Permissible loan (E)
G
Repayment Schedule : Initial repayment holiday .............months + EMI payment period..................years/months
DETAILS OF DEVIATIONS PERMITTED BY THE COMPETENT AUTHORITY
Sanctioning Authority
Sanction Reference*
Date of Sanction
Nature of Deviations permitted
Please enclose sanction letter.
We have appraised the loan proposal as per the scheme guidelines, applicable as on date, and after due compliance of check list for appraisal of Corp Professional loan annexed herewith.
We recommend for sanction of loan under Corp Professional as per the terms & conditions mentioned above .
Date: Officer /Credit Officer
Submitted to the Branch Manager for Sanction:
Orders of Branch Manager:
Sanctioned Corp Professional loan of Rs...............................(Rs....................................................................................only.)
as recommended above.
Not Sanctioned/ Rejected for the reason:......................................................................................................................
Submitted to Zonal Manager/Retail Hub ................................................... with recommendation for sanction of the
Proposal as per the terms & conditions mentioned herein.
Date: Branch Manager
328
CHECK LIST FOR APPRAISAL OF LOAN UNDER CORP PROFESSIONAL SCHEME
YES
NO
NA
1
Age of the applicant/ s is between 25 and 65 years. If NO, deviation sanction reference No:
2
All the joint owners/co- owners of the property have joined as co applicant/s OR Guarantor/s
3
The Applicant/s Should be Income Tax assessees having minimum Net annual income as per the scheme.
4
The applicant/s shall not have any statutory dues outstanding
5
They have minimum experience of 3 years in the respective field.
6
Businessman are NOT financed under the scheme.
7
Third party guarantee obtained if any, is other than Father, Mother, Spouse, Son, Daughter, Sister.
8
Loan amount sanctioned is within the prescribed limit , based on location of the property.
If NO, deviation sanction reference No:
9
Where loan is for purchase of land & construction of building thereon, cost of land shall not exceed 50%of project cost.
If NO, deviation sanction reference No:
10
Loan for furnishing is allowed only if loan for premises is availed with the Bank.
11
Whether repayment capacity is arrived as per extant scheme guidelines .
12
Whether valid income proof as per extant guidelines is obtained ?
13
Whether project report& DSCR statement covering entire repayment period is obtained?
14
Whether applicant conforms to the definition given under the scheme for the term ”Professional”
15
Loan for purchase of ready built premises, maximum repayment holiday is 2 months for furnishing purpose & maximum of 12 months incase of construction of premises.
16
Whether prescribed margin on project cost/furnishing is maintained ?
If NO, deviation sanction reference:
17
Whether applicable processing charges are collected ?
If NO, deviation sanction reference:
18
Whether the property to be mortgaged is situated with in the command area of the branch?
If NO, deviation sanction reference:
19
Where loan is for purchase of premises, age of the property is not more than 30 years.
If NO, deviation sanction reference No:
20
Whether proposed loan is within the delegated lending powers of Sanctioning Authority?
21
Whether copy of Degree certificate / Registration certificate is obtained?
22
Whether confidential opinion from existing banker is obtained?
If Yes, whether the report is Satisfactory Good Negative
23
Whether due diligence /Pre sanction visit is done by the branch /Outside agency ?
Observation: Positive Negative
24
Post dated cheques /ECS mandate towards payment of EMI of the loan is obtained from the applicant/co-applicant/s
329