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PR&J)C" R)P&R"

Project submitted to:

Mrs. Bindu Chutani


Roll #
26

2$ 2( ,-

Submitted by: Names J ! " S# RM R%S#% M&# N SR%' S" ' S M))*S# N + S N.))P R N

"&/ R.S "#) 0120%22M)N" &0 P+.BM C&1RS) 2--342--,

0&R"1N) %NS"%"1") &0 %N")RN "%&N 2 B1S%N)SS

Project submitted to:

Mrs. Bindu Chutani Roll # 26 2$ ,3


32

Submitted by: Names J ! " S# RM R%S#% M&# N SR%' S" ' S M))*S# N +

S N.))P R N

%ntroduction

In life every human being is exposed to element of needs that are of various types these wants are different from each other some wants are more important some are not. Along with the growth in the size of business organization, the finance function in business has undergone drastic change. Financial eed for various purposes arises due to growth of the firm.

ot only this there is a !uestion in the mind of a father how can he manage the high expenses of the studies of his son"daughter, how a father manage his daughter#s marriage. $ut in that situation if the father get a financial assistance he has no trouble in doing such tas%. And that financial assistance is in the form of loan.

&ur ideas aren#t limited' but sometimes our capital is. (ut our plans in motion with the business loan designed for small business owners. It gives us access to cash for ma)or purchase and the flexibility to pay it bac%s on your own terms.

Ban5 2oans

$an% loans are the loans that are provided by the ban%. $ut getting a loan is not an easy tas%. *e should %now that a ban% is not a cloa%room where we put our amount and get when we desire it. +here are certain obligations that we have to fulfill in order to get a ban% loan. *e also pay a certain amount of interest that is particularly the ban% earnings. Following are the some important points regarding the ban% loans, '

/hat are the three 6c7s68 +raditionally ban%ers loo% at what are called the three -c.s-, character, credit and collateral. /haracter means more than not having a criminal record. It means that the ban%er feels confident that we are not going to suddenly disappear for parts un%nown if the business runs into trouble. 0pecifically ban%ers li%e to see ties to the community such as long residence, family ties, and home ownership. A clean credit history is important. A couple late credit card payments shouldn.t be a factor, but missing mortgage payments for three months in a row will re!uire a good explanation. $an%ers li%e good character and good credit, but they live for solid collateral. 1!uipment, buildings and truc%s''that.s the %ind of stuff that ban%ers really li%e for collateral'' solid value and li%ely to be worth a lot even if the business goes bust. Inventory, raw material and goods are second choices for collateral''they will lose their value more !uic%ly than fixed assets but still be worth something.

Can you 9et a business loan8 +he criteria for business loans vary much more widely than for consumer loans and often varies !uite a bit from one ban%er to the next at even the same ban%2 3owever here are some rules of thumbs to give us an idea of our chances of getting a loan.

4etting a loan for a new business is tough Fixed assets such as machinery or buildings can almost always be financed /urrent assets such as inventory or goods in process increase our loan chances 25 years of profitable operation greatly increases our loan chances +he larger the owner.s investment in the business the better our chances of getting a loan 6oans to small corporations will often have to be personally guaranteed by a shareholder It is difficult to get loans to offset operating losses It is usually possible to get a loan to modestly expand a profitable business

#o: to 9et the ban57s money; e<en :hen the ban5 says 6no= 6 $an%s have much more lenient standards for lending to consumers than to businesses. 0o what we can do is borrow the money from the ban% as a consumer and then turn around and personally invest the funds in our business. 7ust ma%e sure that we never lie how about we are going to use the proceeds on a loan application. For example we could apply for a home e!uity loan to tap any available e!uity in your house. +hen ta%e the funds and invest them in our business. +he ban% feels safer because their statistics show that home e!uity loans or much more li%ely to be repaid than loans for brand new businesses. o e!uity in our home8 9aybe we can get a car loan8 +ettin9 an a>>ointment :ith a ban5 :on.t )ust show up in person''first ma%e an appointment by phone. As% the receptionist in the ban% or the loan department for the name of the appropriate person who would handle our loan re!uest. &f course it would be better, but not necessary, to get a referral from a friend or advisor such as our lawyer or accountant. *hen we get the name of the appropriate loan officer simply as% for an appointment. :on.t offer any more details over the phone, unless the loan officer re!uests them. +he more details we offer over the phone, the greater the chances we won.t get the appointment at all. 0ound confident. 0ound matter of fact. 0ounds li%e we don#t even need the money... that#s the %ind of person that loan officers li%e to lend to.

S" ") B N* &0 %N.%


Following are the loans parted by State Ban5 o? %ndia.

Car 2oans ?rom State Ban5 o? %ndia

0tate $an% of India.s /ar 6oan 0cheme is the most convenient way to get a loan for your dream car. ;ou can ta%e finance for a new car or )eep, an old car " )eep <not more than = year is old>. <Any ma%e or model.> And also reimbursement of cost of a car " )eep not more than 2 year is old. <?nencumbered vehicle.>

.&C1M)N"S R)@1%R).

>>lication ?orm

1ligibility ' 2= +imes et 9onthly Income < 9I> " 2 times of Annual

Income in case of professionals.

(roof of Income 0alary /ertificate issued by employer. 9inimum service of 3 year.s. For professionals " self employed ' I.+. Assessment order for last 3 year.s.

Tie-up arrangement

' '

?nderta%ing from employer for recovery of loan installment or standing Instruction lin%ed to :eposit Account. @uotation from Approved :ealer. &ld car " 7eep <not more that 3 year.s old.>

Margin

AB C for ew /ar <for loans up to Ds.= lacs> 2E C for ew /ar <for loans above = lacs> E C for &ld /ar up to 2 years old. =E C for &ld /ar up to 2 to = years old

+uarantor

' &ne or two guarantor with proof of their income " worth and address <0alary /ertificate of Financial 0tatements> #y>othecation o? <ehicle

3ypothecation charge in the boo%s of D+& </opy of D/ boo% along with relative receipts " bills should be submitted with loan documents>
Date of Interest A C above 0$9+6D i.e. A3 C p.a. 19I for Ds. AE,EEE "' for F= months <for Gehicle>'Ds.AF2"', for HE months <for &ld Gehicle>'Ds.22F"' (hotographs ' 2 copies &ffer letter from 4uarantors. /omprehensive insurance for full value of vehicle with $an% clause. Delative policy to be held with the $an%. ew

o processing fee.

Security:

A charge on the vehicle financed. 4uarantee of the spouse if his"her income has been considered ?nder eligibility. 0ome other security may also be re!uired in certain cases.

Re>ayment:

6ongest repayment period ew vehicles, 9aximum F= months

&ld vehicles, 9aximum HE months


<For vehicles up to 2 year.s old> 9aximum 3H months <For vehicles up to 2 to = years.s old> ;ou may prepay at will with no (repayment penalty

)ducation 2oans ?rom State Ban5 o? %ndia:


0$I understands your desire to provide the finest education to your children and ma%es it easy for you to finance it. &ur 1ducational 6oan scheme is very flexible and allows you to ta%e a long' term loan for all %inds of courses offered by recognized schools" colleges" institutions, including part'time and correspondence courses.

SB% ad<anta9es:

a. 6owest interest rates, currently between A2.EE Cp.a. to A3.EE Cp.a. b. 0imple Interest during the course of study c. o processing charge

d. 6ong repayment period of B ' I years commencing from one year after course period or six months after obtaining of )ob, whichever is earlier e.
f.

o hidden costs or administrative charges o prepayment penalties.

.&C1M)N"S R)@1%R).:

9ar% sheet of last !ualifying examination for school and graduate studies in India (roof of admission to the course 0chedule of expenses for the course /opies of letter confirming scholarship, etc. /opies of foreign exchange permit, if applicable. 2'passport size photographs 0tatement of $an% account for the last six months of borrower"guardian Income tax assessment order not more than 2 year.s old $rief statement of assets and liabilities of borrower

If we were not an existing ban% customer we would also need to establish your identity and give proof of residence.

Re>ayment criteria:

19I stands for 1!uated 9onthly Installments. +his installment comprises both principal and interest components. ;our 19I would be calculated depending on the tenor you choose, to repay your loan. +he 19I would be higher if you choose to repay within a shorter period as against longer'term loan.

Re>ayment #oliday 4 /ourse period 5 A year or H months after getting )ob, whichever is earlier.
+he loan has to be repaid in B'I years after commencement of repayment. (repayments permitted without any penalty.

%N")R)S" R ")S:

6oan amount 6oans up to Ds.= lacs 6oans above Ds.= lacs

Interest rates 0$9+6D presently A2C p.a. ACabove 0$9+6D presently A3C

*hile interest is not re!uired to be paid during moratorium period, payment of the same before start of repayment would entitle you to concession in interest rate applied during the repayment holiday

&ther #i9hli9hts o? )ducation 2oans:

;ou can ta%e a loan for pursuing studies in recognized schools " colleges " institutions to meet, J +uition and other fees J 9aintenance costs, boo%s K e!uipment, etc. J /ost of passage <for studies abroad> J /aution fund " building fund " refundable deposit

S!N.%C ") B N*
'arious ty>es o? loans >ro<ided by this ban5 are:

#&1S%N+ 2& NS

)2%+%B%2%"! CR%")R%

4iven on basis of your property IBC of mar%et value of the property valued by the nominated value of the ban% is given as loan I+ returns for salaried people <if filed> and sales tax returns for the businessmen 0alary certificate issued by the 1mployer need to be filed (roof of residence <telephone bill, ration bill, electricity bill etc.> 2 guarantors

Interest rate fixed is as per D$I norms. (resently it is A2C.

P !M)N"

F&D $?0I 100 /6A00

&n the basis of installments agreed upon %eeping in mind the amount of loan ta%en. It could be monthly or !uarterly

F&D 0A6ADI1: /6A00

:epends upon the service life left of the concerned rest being the same.

C R 2& NS

)2%+%B%2%"! CR%")R%

@uotation from the car dealer IBC of the !uotation is given as loan. Dest 2BC is to be deposited by the loan avalier and a draft of the full amount is drawn on the name of the /ar dealer. 0ubmission of original registration paper to the ban% 9inimum A guarantor (roof of residence Insurance papers <original>

$an%s give preference to the purchase of new cars

%nterest rate is AB C

R)P !M)N"

Installments prescribed by the ban%s with the stipulated period stated by the ban%. 9aximum can be 3B months.

).1C "%&N 2& N

+hese are of two types :omestic loans International"foreign education loans

According to the 2EEA budget :omestic education loan can be given up to I.B lacs and foreign education loan can be given up to AB lacs

%nterest rate for both the loans are A2 C

)2%+%B%2%"! CR%")%

It is given to both business class and salaried class and salaried class. Following are the criteria to be fulfilled,

(roof of residence I+ returns of the 4uarantor and security papers A 4uarantor (reference is given to those candidates who have had a Ast division throughout. Attested photocopy of the academic career $alance sheet of the guarantor <compulsory in foreign loans>. AEEC loan is given

+he fees draft goes directly to the Institute .+he institute should be a recognized one .

R)P !M)N"

Depayment starts after A year of the completion of the course. there is no ceiling for the repayment.

M12"%P1RP&S) 2& N

P1RP&S):

+o meet any genuine credit purposes"unforeseen commitments.

re!uirement

of

the

borrower

for

personal

@1 N"1M:

IBC of the purchase value of securities pledged or IBC of surrender value of 6I/ policies assigned.

.)2)+ "%&N &0 P&/)RS 0&R S NC"%&N

9anager scale I Ds.EBE lacs

9anager scale II Ds. A lacs

9anager scale III Ds. 2 lacs

A49s heading Dos"16$s and /9s heading Dos, /9s heading G6$s as per /ir. A=H"LF"$/ <personal loans>

:49s and as per /ir. 2BI"LI"$/

S)C1R%"!

(ledge of national 0avings /ertificate, Indira Gi%as (atra, Misan Gi%as (atra, and 6I/ policies.

%N")RS" R ")

(6D53C5Interst tax levy compounded !uarterly.

R)P !M)N"

ot exceeding 3B e!uated monthly installments.

+1 R N"))

ot compulsory up to Ds. BEEEE

M12"%P1RP&S) &')R.R 0"

)2%+%B%2%"!

All class people

P1RP&S)

+o meet any personal expenditure"unforeseen contingencies

N "1R) &0 0 C%2%"!

0&:<($0>

@1 N"1M

IBC of the purchase price of securities pledged or IBC of the surrender value o 6I/ policies assigned.

.)2)+ "%&N &0 P&/)RS 0&R S NC"%&N

9anager scale I Ds.EBE lacs

9anager scale II Ds. A lacs

9anager scale III Ds. 2 lacs

A49s heading Dos"16$s and /9s heading Dos, /9s heading G6$s as per /ir. A=H"LF"$/ <personal loans>

:49s and above as per /ir. 2BI"LI"$/

R ") &0 %N")R)S"

(6D53.BC5tax levy on !uarterly basis

P)R%&. &0 ' 2%.%"!

A2 months or maturity period of the security whichever is less and renewable on yearly basis.

S)C1R%"!

(ledge of ational savings certificate"Indira Gi%as (atra"Misan Gi%as (atras and assignment of 6I/ policies that have completed 3H months from the date of issuance.

"R .) 0%N NC) SC#)M)

P1RP&S) +o meet the credit re!uirement of all types of traders

)2%+%B%2%"! All traders

C2 SS%0%C "%&N &:90

SS)SSM)N" 2EC of total turnover declared in the latest sales tax return

R ") &0 %N")R)S"

?p to Ds. 2 lacs, (6D Above Ds. 2 lacs and up to and including Ds. 2B lacs, AB.BC p.a. compounded !uarterly <not sub)ect to change from time to time>

S)C1R%"! 9ortgage of propertyANSCA*'PS 2%C P&2%C!Athe soc% in trade also to be hypothecated

M R+%N =EC on property value ABC on 0/"MG("0/ of 6I/ policy

R)N)/ 2 Denewal on yearly basis

+1 R N"))

+hird party guarantee is not compulsory as the facility is fully secured by mortgage" 0/"MG("0G of 6I/ policy to the extent of AEEC of the amount of advance <in addition to hypothecation of stoc%>. +he owner of the property should )oin the transaction as guarantor <if the property is not owned by the borrower>

P)R P R"! 2%M%"

Dural"semi urban branch'B lacs ?rban branches 9etropolitan 'AE lacs ' 2B lacs

B N* &0 %N.%
#&M) 2& NS
$oI 0tar Aashiyana 3ousing 6oan 0cheme, (rovides loans for buying plots, owning houses, as well as for renovation and extension, at highly flexible and liberal terms K conditions. 9aximum loan amount is Ds.BE.EE la%h and repayment ranges up to 2E years, with a very reasonable margin and processing charges.
+he loan is available at very competitive rates of Interest, currently available in the Industry.

P)RS&N 2 2& NS
$oI 0tar 0uvidha (ersonal loan scheme provides Funds to meet all (ersonal re!uirements of you and your family. $an% offers loans for marriage expenses, tours and excursions, purchase of all types of consumer durables, purchase of cars etc. +he !uantum of advance varies from Ds. BE,EEE"' to Ds. AE.EE la%h, depending upon the income, with a very attractive Interest rate and easy repayment plan.
(lease approach our nearest $ranch and avail the loan to fulfill your personal needs.

B122%&N B N*%N+
$an% of India, a pioneer in $ullion $an%ing business, have launched the millenium 4old /oin. 4old coin of AE gms. <LLL.L purity> at a very reasonable price are available for sale at our select branches. A perfect gift for the one you love.

+old loan scheme


+he $an% is one of the first to enter into $ullion $an%ing $usiness, after it was permitted by 4ovt. in ALLI and have launched schemes li%e /onsignment sale of 4old and :uty'free 4old for exporters. &ther value'added products such as N$ullion 6oanN and N4old depositsN have also been introduced at our select branches. For more details, please contact,' +he /hief 9anager, $ullion $an%ing :epartment, 1xpress +owers, Ith Floor, ariman (oint, 9umbai'=EEE2A. (hone " Fax, E22'2F=32IE.

).1C "%&N 2 2& NS


For facilitating pursuit of 3igher education too, $an% of India has an easy solution. *e ma%e easy, your financial constraints through our GI:;A GAD:3I I 0/3191, which extends support to your educational pursuits. +he scheme covers a broad spectrum of educational (ursuits in India and abroad. +he eligibility norms are very explicit, with liberal loan terms and manageable margin. +he rate of Interest is also very ideally suited to the purpose.
6oan up to Ds. AE.EE la%h can be sanctioned, depending upon the re!uirement of the student.

*%S N CR).%" C R.
A green card <Misan /redit /ard 0cheme> has been Introduced to help farmers to reap a rich harvest. +his card helps the farmer to raise short'term funds For Agriculture"&ther farm'based activities, on an on'going basis, with very flexible and friendly Depayment terms.

B%22 0%N NC)


$an% of India also offers $ill finance to its customers. *e collect bills on behalf of customers. *e offer post' sale credit against bills. $oI offers both Inward and &utward bills, which include, A. Inland " Foreign $ills. 2. :emand $ills. 3. ?sance $ills. =. :ocumentary $ills. B. :ocument against payment bill. H. :ocument against acceptance bill. .

B N* +1 R N"))
$an% of India, issues $an% 4uarantees, on behalf of their customers, in favour of third parties li%e 4overnment :epartments, (ublic' 0ector &rganizations, etc. $oI issues both types of 4uarantees viz. (erformance 4uarantee and Financial 4uarantee. +he type of 4uarantee, trac% record of customers and their financial position are the guiding factors in deciding the 4uarantee limit, security and margin.

%N")R)S" R ")S &N .' NC)S

R)'%S%&N &0 P2R )00)C"%') 0R&M -B.-,.2--3

+he $an% has decided to have two tenor lin%ed (6Ds < (rime lending rates> for advances, applicable as under,' For maturity up to LE days For maturities above LE days AE.EE C p.a. A2.EE C p.a.

+he (+6D remains unchanged at A2.BE C p.a.

PR%M) 2)N.%N+ R ") < D1GI01: *.1.F. EA.EL.2EEE >

(rime 6ending Date<(6D> A2.BEC (rime +erm 6ending Date <(+6D> A2.BEC Accordingly, interest rates of all %ind of advances lin%ed to (6D K (+6D stand automatically raised by BE basis points. 0imilarly, trade finance by way of discounting of $ills revised to E.BEC less (6D i.e. A2C p.a.

P1NJ B N "%&N 2 B N*
t Punjab National Ban5 you can a<ail credit ?or <arious consumer; business and trade >ur>oses. #erein :e >ro<ide you :ith the basic details o? the same.
3&?0I 4 6&A /& 0?91D FI A /1 /AD FI A /1 +DA:1D0 FI A /1 (D&F100I& A6 6&A 0 GI:;A 6AM03;A(?D+I'1:?/A+I& 6&A 0/3191 MDI03I /AD:0 6&A A4AI 0+ 9&D+4A41 &F (D&(1D+; 6&A A4AI 0+ F?+?D1 61A01 D1 +A60 0/3191 F&D 3&?01*IG10 A : &+31D *&91 9A3I6A ?:;A9 I:3I 0/3191 1OI9 FI A /1 &+31D /D1:I+ 0/31910 6&A D1(A;91 + /A6/?6A+&D

#&1S%N+ 2& NS

PNB reaches out to you :ith the ?riendliest; most con<enient home loans ?or: /onstruction of house or purchase of house"flat. (urchase of house"flat on First (ower of Attorney basis from the original allottee. /arrying out repairs"renovations"additions"alterations to your existing house"flat. )li9ibility, Individual

)C")N" &0 2& N


For construction"purchase of house"flat FEC of the cost of construction of house or purchase of house"flat sub)ect to maximum of Ds.BE lacs. For carrying out repairs"renovation"additions"alterations FEC of the estimated cost, sub)ect to maximum of Ds. B lacs.

S)C1R%"!
9ortgage of property for which finance is being given. In case of purchase of house flat from housing board"society where mortgage cannot be created immediately, a tripartite agreement shall be executed amongst the housing board"society, borrower and the $an%. In case of purchase of house flat on first power of attorney, additional security e!ual to A2BC of the loan amount by way of mortgage of some other property or pledge of ban%.s F:D"6I/ policy"4ovt. 0ecurities, 0/s, MG(s, IG(s, (0? $onds etc. has to be provided.

0uitable third party guarantee acceptable to the $an% which may include guarantee from family members"other relatives.

R ") &0 %N")R)S"'0iDed and ?loatin9 rate o>tions ?or loans sanctioned on and a?ter 33.6.2--3
Rate o? interest under ?iDed o>tionE :.e.? F.-3.2--2 G ")N&R 0or loans re>ayable inAu>to i> ?pto E'I years
ii> Above I K upto 2E years iii> Above 2E years K upto 2B years Rate o? %nterest H >ercent >.a. AA.2B A2.EE A3.EE

Rate o? interest under ?loatin9 o>tions ?or all tenorA re>ayment o>tions E:.e.?. F.-3.2--2G
0or 2oans re>ayable u>to 2- years AA.BC p.a. 0or 2oans re>ayable abo<e 2- years I u>to 2B years A2.BEC p.a.

&ption for Fixed or Floating Date of Interest exercised by the borrower will not be allowed to be changed for a minimum >eriod o? , years; whereafter any change would be at the discretion of the 0anctioning Authority. Further, the rate of interest on loans sanctioned on or a?ter 2,.(.($ till 3-.6.2--3; will not be changed during the currency of the loan unless ban%.s (+6D is fixed above the rate of interest applicable to the loan account as per sanction. In such cases, the rate of interest applicable to the loan account shall be fixed at the (+6D itself. As regards loans sanctioned prior to 23.L.LF, rate of interest is sub)ect to change from time to time. /urrently, the following rates are applicable on such loans, ?pto Ds. 2 lac, AA.BEC (minimum) p.a. &ver Ds. 2 lac upto Ds. AE lac, A3.EC (minimum) p.a. over Ds. AE lac, A3.BC <minimum> p.a.

R)P !M)N"

6oan is to be repaid in e!uated monthly installments within a period of 2B years or before the borrower attains the age of HB years.

.%SB1RS)M)N"
For outright purchase of house"flat, the loan amount will be paid in lumpsum to the vendor. For house"flat under construction, the loan amount will be disbursed in stages as per progress of construction"demand by selling agency.

C&NS1M)R 2& NS
( $ enables you to now have all those consumer durable li%e Defrigerator, +elevision, Air /onditioner, 9icro'oven,/oo%ing Dange, *ashing 9achine, 9usic 0ystem,Furniture, (ersonal /omputer and other 3ouse 3old e!uipment etc.

)2%+%B%2%"!
0cheme covers all types of individuals including agriculturist with a minimum monthly income of Ds.=EEE"' .

M&1N" &0 2& N


FEC of cost of article<s>, sub)ect to maximum of Ds.A lac. 3owever the minimum amount of loan shall be Ds.AE,EEE.

S)C1R%"!
3ypothecation of the articles purchased. 3rd party guarantee acceptable to the ban%.

R ") &0 %N")R)S"(For loans granted on or after 01.03.2001


AB.EEC(min.) p.a.J J+his is sub)ect to change from time to time.

R)P !M)N"

Amount of loan with Interest shall be recovered in maximum HE e!uated monthly instalments. In case of salaried people, repayment to be fixed on a realistic basis which should not normally exceed BEC of gross income. +he income of the spouse should be ta%en into the account for determining the repaying

.%SB1RS)M)N"
Amount should be remitted direct to the supplier " dealer by means of N/ross A"c (ayeeN demand draft " ban%er che!ue.

C R 2& NS
( $ enables you to own a vehicle, with the friendliest, most convenient auto loan. 1ither you can purchase a new /ar"Gan"7eep or can raise loan to purchase old Gehicles, which are not older than 3 years. Finance will be provided for purchase of vehicle of indigenous"foreign ma%es.

)2%+%B%2%"!
Individuals as well as $usiness /oncerns </orporate or non'corporate>.

M&1N" &0 2& N


0or Salaried Class 2E times their monthly net salary or Ds.I lac, which ever lower. Income of spouse can be ta%en into account for determining loan amount. In such cases, the spouse shall stand a guarantor. 0or Business Concerns o ceiling in loan amount (rocessing fee is nominal

M R+%N
2EC

S)C1R%"!
+he vehicle purchased with the amount of loan to be hypothecated to the $an%. It will be registered in the name of the borrower )ointly with the $an%. 4uarantee of spouse, if employed or third party guarantee acceptable to $an%.

R ") &0 %N")R)S" (For loans granted on or after 01.03.2001)

For /ar 6oans For 6oans upto Ds. 2 lacs , A=.EEC p.a. J For 6oans above Ds. 2 lacs , AB.EEC p.a.(min.)J For other Gehicles AB.EEC p.a.<min.>J J+his is sub)ect to change from time to time.

R)P !M)N" 0or ne: CarA'anAjee> +he loan amount together with interest is to be repaid maximum in F= e!uated monthly instalments. 0or old CarAJee>A'an +he loan amount together with interest is to be repaid maximum in HE e!uated monthly instalments.

.%SB1RS)M)N"
+he intending borrower will be re!uired to settle the transaction for purchase of vehicle needed by him with the seller and will be re!uired to deposit the difference of the cost of the vehicle to amount of loan and thereafter the advance will be allowed to him from the ban% by paying the entire price of the vehicle to the seller direct on behalf of the borrower.

"R .)RS 2& NS


+rading activity constitutes an important sector of the economy and trader is a %ey component of supply"distribution system. ( $ extends credit to the retail and wholesale traders on attractive terms to meet their re!uirements of wor%ing capital and term loan. /redit is provided for, Financing stoc% in trade, boo% debts and other assets to be used in the trade Ac!uiring boo%"fixed assets li%e setting up of show room, A/s, delivery van, etc.

)2%+%B%2%"!
D$I"4overnment does not prohibit traders who are individual firms, co'operative societies or companies and are dealing in those goods"commodities, advances against which. +raders should comply with applicable statutory re!uirements.

)C")N" &0 2& N


For *or%ing /apital upto Ds B lac 0mall +raders may be granted facility of term loan for wor%ing capital to extent of HEC to FEC of their re!uirement sub)ect to maximum of Ds. B lac. For other traders with a wor%ing capital re!uirement of above Ds. B lac, HEC to FEC of their re!uirement can be financed with no upper limit.

0&R ")RM 2& N


HEC to FEC of the cost of assets to be purchased. +here is no upper limit.

S)C1R%"!
3ypothecation"pledge"mortgage of assets to be created with the amount of loan. 9ortgage of immovable property. egative lien on immovable property.

0uitable third party guarantee.

R ") &0 %N")R)S"(For loans granted on or after 01.03.2001)


For advances upto Ds2 lac , AA.BEC p.a.J For advances above Ds. 2 lac, '*or%ing /apital ,A=.EEC p.a.J '+erm 6oans , A=.BEC p.a.J J+his is sub)ect to change from time to time.

R)P !M)N"

+erm loan for ac!uiring fixed assets is repayable in e!uated monthly"!uarterly instalments within a period of B to I years. +erm loan for wor%ing capital to small traders upto Ds.B lac is repayable in e!ual monthly"!uarterly instalments within a period of 3 to B years.

.%SB1RS)M)N"
For term loan for fixed assets and wor%ing capital, the loan amount shall be payable directly to the suppliers of the assets by draft"cash order. For other wor%ing capital advances, cash credit limit shall be set up.

PR&0)SS%&N 2 2& NS
( $ extends assistance to self'employed persons, firms and )oint ventures of such professional persons engaged in professions such as, 9edical practitioners including dentists, chartered accountants, cost accountants, practicing company secretaries, who are not in regular employment of any employer, accredited )ournalists or cameramen who are free lancers, i.e. not employed by a particular newspaper"magazine, lawyers or solicitors, engineers, architects, surveyors, construction contractors or management consultants or to a person trained in any other art or craft who holds either degree or diploma from any institution established, aided or recognized by 4overnment or to a person who is considered by the ban% as technically !ualified or s%illed in the field in which he is engaged. 6oans under this scheme may be granted for the purpose of financing purchase of e!uipment used by the borrowers, business premises, construction, ma%ing alterations or renovation of business premises"nursing homes or for wor%ing capital re!uirements, in their professions.

)2%+%B%2%"!
(ersons already practicing or new entrants in various professions, having licenses issued under /entral or 0tate 6egislation#s. Associations of persons engaged in a single profession provided that each member of such an association is !ualified and duly licensed to practice in the professionP and +he !ualified professionals will be re!uired to produce a certified copy of the license for the record at the ban%.

M&1N" &0 2& N

eed based on merits within the overall permissible limits as under, MetroA 1rban S.1rbanARural rea AE.E lac B.EE lac

A.9edical practitioners 2. &ther professionals 9argin , il upto Ds.2BEEE"' 2BC Above Ds. 2BEEE"'

Ds B.EE lac DsB.EE lac

S)C1R%"!
3ypothecation"9ortgage of the goods purchased"created with the amount of loan till the final ad)ustment of ban%.s loan and Interest thereon. /ollateral security by way of immovable properties or acceptable third party guarantee in case of advances above Ds. 2BEEE"'.

R ") &0 %N")R)S"(For loans granted on or after 01.03.2001)


Rate o? %nterest . 6oans upto Ds. 2 lac , AA.BEC p.a.J 6oans above Ds. 2 lac , '*or%ing /apital A3.BEC p.a.J '+erm 6oans A=.EEC p.a.J J 0ub)ect to change from time to time.

R)P !M)N"
+erm 6oan 6oans upto Ds.BEEEE"' =F months

6oans beyond Ds.BEEEE"' HE months *or%ing /apital loans are renewable every year.

.%SB1RS)M)N"
(ayments will be made direct to the suppliers" dealers. In case of construction of the premises, the loan may be disbursed in phases after verifying the end use in terms of the plan as also at the spot.

).1C "%&N 2 2& NS


( $.s attractive 1ducation 6oan 0cheme is designed to provide better educational opportunities to bright and needy students and brings within their reach all types of education <general, professional, technical and vocational courses>. +he scheme enables all types of needy students <viz.students of plus 2 stage, graduation courses, post graduation courses, 9asters K (h:s, professional, technical ,engineering, medical, veterinary, law, dental, management, computer, vocational courses, courses li%e I/*A, /A, /FA, courses conducted by II9, II+, II0c, IF+, courses offered in India by reputed foreign universities and all other types of courses offered by 4ovt."0emi'4ovt"private institutions in order to meet the costs for their studies in India and abroad. 0uch courses would include regular, part time and correspondence courses. +he costs include admission fees, boo%s K stationery, instruments re!uired for the course, monthly fees, examination fees, insurance premium for policy on life of the borrowing student, caution deposit"building fund"refundable deposit supported by bills"receipts, expenses li%e study tours"pro)ect wor%"thesis etc. re!uired to complete the course, boarding and lodging expenses, and travel expenses"passage money including air fare for )oining the course abroad.

)2%+%B%2%"!
Indian nationals, in the age group of AH'=E years. For part time computer courses, applicants in the age group of AH'=B years are eligible. Applicants whose guardians have been appointed by the court, should not be less than 2A yearsP such students should have already passed atleast one public examination. 0tudents who have scored pass mar%s in their last !ualifying examination and have secured admission in the courses mentioned above. +he parents"guardian should have regular source of income to the extent that they are able to repay the loan in case of need"unforeseen circumstances. +here is no stipulation of ceiling on annual income of the parents"guardians. 1mployed persons intending to better their prospects can also avail loan for improving their educational !ualifications and"or receive training in modern technology in India" abroad provided the education"training received by them in India"abroad affords prospects for their better employment. For such persons, . & &$71/+I& /1D+IFI/A+1. from their employers is a pre're!uisite.

)C")N" &0 2& N


+his is co'related to expenses involved in ta%ing up the course and the expected earnings after !ualifying, sub)ect to a maximum of, For studies in India Ds. I.BE lacs

For studies abroad

Ds.AB.EE lacs

In case of part time computer courses, the extent of loan should not exceed Ds. BE,EEE"' per annum or fee fixed by the particular institution<as per prospectus less concession f any>, whichever is less.

S)C1R%"!
6oan upto Ds. B.EE lacs, /o'obligation of either or both parent<s> or guardian<s> and the 6I/ (olicy for e!uivalent to the amount of loan. 6oan above Ds. B.EE lacs, /o'obligation of parent<s> or guardian<s> and /ollateral 0ecurity or third party guarantee acceptable to the ban% e!uivalent to AEEC of the amount of loan.

R ") &0 %N")R)S"


6oan upto Ds. = lac A2.EEC p.a.J A3.EEC p.a.J

6oan over Ds. 2 lac upto Ds. AB lac

6oan over Ds. AB lac ABC p.a.J J+his is sub)ect to change from time to time. +he Interest shall be charged at simple rate from the date of disbursement till the commencement of repayment of loan and thereafter, compound Interest will be charged on reducing balance basis. A"2C interest concession may be provided for the loanees if the interest is serviced during the study period.

M R+%N
I6

%NS1R NC)
6I/ policy for amount, e!uivalent to amount of loan for loans upto Ds. B.EE lac.

R)P !M)N"

(rincipal and Interest is repayable in F= monthly instalments. Depayment will commence after two years of the completion of studies by the borrower or one' month after his"her getting employment, whichever is earlier.

.%SB1RS)M)N"
1ducational loan is to be disbursed in the form of a term loan. A limit upto which advance is to be allowed during each year will be set up. 1ach time the borrowing scholar is in need of funds, he will approach the lending office and will explain his"her needs to the ban%. &nly on being satisfied about the genuineness of the needs and purpose, the borrower will be permitted to draw money. +he loan may also be paid in lumpsum <but for not more than 3 years at a time after ta%ing into account all the concessions"discounts by the institution> provided that the parents of the student underta%e that in case their ward leaves the study in between they will repay the ban% loan. 3owever, payment is to be made directly to the institutions. In case of, purchase of stationery and boo%s, the applicant and production of bills may disburse loan in cash on declaration by him.

*R%S#% C R. SC#)M)
(un)ab ational $an% has contributed significantly in the field of agriculture and other related activities for accelerating the pace of rural development . ( $ has been providing loans to farmers under its various schemes, specially designed for the agricultural sector. ( $ has now introduced *rishi Card for the purpose of short term wor%ing capital re!uired for agricultural activities as well as other rural household re!uirements such as education, consumable items ,medical expenses etc. +he card enables the farmers to draw cash from all branches of ( $ within the district.

)2%+%B%2%"!
(rogressive, literate and illiterate farmers owning a minimum irrigated land holding of A.E acre or e!uivalent.

M&1N" &0 2& N

+o avail the advantage of this scheme, 3 different categories of cards have been introduced and the amount of the loan will depend on the type of the card.+ype of /ard 0ize of 9aximum eligible 6and holding limit Vikas Card AJ to 2.B acres 6imit upto Ds.3E,EEE"' Eblue cardG !ag"a#an Above 2.B acres 6imit from Ds3E,EEA"' <red card> to H acres to Ds. 2EE,EEE"'

$ar%ottam Above H acres 6imit from Ds.2EE,EEA"' to Ds. 3EE,EEE"'<9reen card> :uration of the card is three years< renewable>. J A farmer owning A.E acre or e!uivalent land is allowed limit upto Ds. AB,EEE"' including consumption needs. J 6imit is to be fixed in multiples of Ds. AEEE"'. ominal service charges .

1S +) &0 "#) C R.
6iterate holder of the card can draw cash within his available limit from any branch in the district of the issuing branch. o charges are payable on withdrawal from the issuing branch. ominal commission is payable on withdrawal from other branches.

S)C1R%"!
3ypothecation of crops"other movable assets for cards upto Ds.2BEEE"'. For cards beyond Ds.2BEEE"', alongwith the charge under <A>, mortgage"charge on land for individual borrower or charge"lien over li!uid assets such as +erm :eposits" 0/s"MG(s etc. capable of providing full cover to the limit granted or suitable third party guarantee.

R ") &0 %N")R)S"


A=.EEC p.a.

R)P !M)N"
Aggregate credits into the account during the A2"AF months period, as the case may be, should atleast be e!ual to the maximum outstanding in the account. +he card holder will also have to maintain his"her cash credit account in credit balance

for at least one wee% once a year. 3owever, the consumption loan portion shall be ad)usted within a period of three years. All the repayments"deposits by the card holder shall be made at the card issuing branch only.

R) &0 &P)R "%&N


Area of operation, All the branches of ( $ .

2& N + %NS" M&R"+ +) &0 PR&P)R"!


Ne: scheme by PNB ?or business enter>risesAindi<iduals a9ainst mort9a9e o? >ro>erty = ( $ has introduced a new scheme for providing finance against mortgage of immovable property situated in 9etro"?rban centers, which is designed to offer instant solutions relating to business needs &D for personal needs, such as, children.s higher education, travel, daughter.s marriage, medical emergencies, etc. 6oan is, however, not available for speculative purpose.

)2%+%B%2%"!
$orrowers having minimum net annual income of Ds.A,2E,EEE"' are eligible under this scheme. Income of spouse can also be considered for determining the loan amount.

M&1N" &0 2& N


$orrowers can raise loan upto 2E times of their net monthly income or Ds.AE lacs whichever is lower, with a minimum loan amount of Ds. 2 lacs under the 0cheme. 6oans under this scheme carry nominal processing charges.

S)C1R%"!
Finance is available, to a business enterprise"individual having office"residing anywhere in the country, against non'encumbered residential house"flat, commercial or industrial property situated in 9etro"?rban /enters only in the name and possession of the borrower. +he property should be of value e!ual to ABEC of the loan amount.

R ") &0 %N")R)S"


AHC p.a. +his is sub)ect to change from time to time.

R)P !M)N"

6oan together with interest is repayable in maximum HE e!ual monthly instalments and should not normally exceed BEC of the gross income of the borrower.

SC#)M) 0&R 0%N NC%N+ R)N" 2S

+ %NS" 2) S)

Ne: scheme by PNB ?or business enter>risesAindi<iduals a9ainst ?uture lease rentals ?or >ro>erty o:ners in 1RB NAM)"R& centers. ( $ has introduced a new scheme for property owners having their property situated in 91+D& K ?D$A AD1A0 and who have let out such properties to (0?s, reputed 4ovt."0emi'4ovt. corporates, ban%s, financial institutions, insurance companies and 9 /s.

)2%+%B%2%"!
(roperty owners having properties in ?D$A "91+D& centers and let out to (0?s, reputed 4ovt."0emi'4ovt. corporates, ban%s, financial institutions, insurance companies and 9 /s. 6oan is available for business"personal needs but not for speculative purposes.

M&1N" &0 2& N


9aximum loan amount will be restricted to FEC of the future lease rentals receivable which should not exceed the amount of rent receivable within unexpired period of rent deed"lease deed or 3 years whichever is less. 1xposure per borrower not to exceed Ds. B crore. ominal service charges .

S)C1R%"!
Assignment of lease rentals. 1!uitable mortgage of any immovable property to the extent of AEEC of the loan. +hird'party guarantee.

R ") &0 %N")R)S"

AHC p.a. +his is sub)ect to change from time to time.

R)P !M)N"
6oan is repayable in maximum 3H e!ual monthly instalments or remaining period of the lease whichever is earlier.

PNB7s SC#)M) 0&R 0%N NC%N+ #&1S)/%')S


( $ enables housewives and other ladies to supplement family incomes and to use their spare time profitably through this scheme by ta%ing up pro)ects as artisans, or under village and cottage industries, 00I small business and retail trade. Industrial pro)ects re!uiring higher assistance may also be considered under the scheme of financing small scale industries.

)2%+%B%2%"!
Any *oman"3ousewife, AF years of age and above, living at a place for more than H months, who has not been a member of any industrial co'operative society and not indebted to any cooperative or state agency.

M&1N" &0 2& N


eed based, sub)ect to ceiling of Ds.2B,EEE"' per borrower for purchase of machinery"e!uipment etc. and meeting wor%ing capital re!uirement of one operating cycle.

M R+%N
il

S)C1R%"!
(ledge"hypothecation"mortgage of assets created out of ban% loan. security"3rd party guarantee is re!uired. R ") &0 %N")R)S" A2.EEC p.a<(+6D>J J+his is sub)ect to change from time to time. %NS1R NC) o collateral

4enerally spea%ing, insurance against fire, theft, burglary and"or any other special ris% to safeguard the ban%#s interest in the light of circumstances prevailing and depending upon the nature of securities"the premises in which the security is"will be lying with ban% clause, will be ta%en and %ept in force. and also on the ban% record.

R)P !M)N"
+he term loan"composite term loan will be ad)usted alongwith interest in 3H monthly instalments starting 3 to H months from the date of availment depending upon generation of surplus.+he borrower will be re!uired to open a savings fund account with the ban% in which she must deposit once every fortnight net income after spending such amount out of it as needed for meeting the wor%ing"living expenses. 0he shall also underta%e to mainitain such balance in her savings fund account at the end of each month as would enable the ban% to debit the said account with monthly instalment towards ad)ustment of the loan.

.%SB1RS)M)N"
+he amount of loan for purchase of e!uipment shall be paid directly to the supplier. Advances against raw material will be made either in the form of pay order in favour of the supplier or on the presentation of bill to the ban% indicating that the material has been delivered to the borrower. In respect of re!uirements of petty items, cost not exceeding Ds.FEE"' per item, the amount may be released either to the borrower or to the supplier as convenient in cash upto Ds.3EEE"' for purchase of tools, e!uipment and raw materials on merits without insisting for performa bills, cash'memo<s> etc..

PNB7S M #%2 1.! M N%.#% SC#)M)


+his scheme aims to provide soft loan <@uasi e!uity> assistance to women entrepreneurs besides usual term loans for setting up industrial units in the small scale and tiny sector, as also for underta%ing service activities eligible for assistance under the 0I:$I refinance scheme.

)2%+%B%2%"!
ew pro)ects in tiny and small scale sectors for manufacture, preservation or processing of goods <+iny enterprises would include all industrial units and services industries <except Doad +ransport &perators> satisfying the investment ceiling.

1xisting tiny and small scale industrial units and service enterprises as mentioned above <including those which have availed of this loan earlier> for underta%ing expansion, modernisation, technology upgradation and diversification. 0ic% units in the tiny and small scale sectors including service enterprises as mentioned above, which are considered potentially viable. All industrial activities and service activities <except Doad +ransport &perators> in the 00I sector. (ro)ects which avail of any margin money or seed"special capital assistance under the schemes of /entral"0tate 4overnments, 0tate Financial /orporation and other state level institutions or ban%s <except 0tate investment subsidy> are not eligible for assistance under the scheme.

PR&J)C" &1"2 !
(ro)ect cost <including margin money for wor%ing capital> should not exceed Ds.AE.EE la%h in case of new pro)ects. In the case of existing units and service enterprises, the outlay on expansion"modernisation"technology upgradation, or diversification or rehabilitation should not exceed Ds.AE.EE la%h per pro)ect.

M&1N" &0 S&0" 2& N


0oft loan upto 2BC of the pro)ect cost with a ceiling of Ds.2.BE la%h per pro)ect to meet the gap in e!uity as per prescribed :ebt 1!uity Datio <:1D> of A.FBI,A <excluding 0tate subsidy which may be retained for meeting wor%ing capital> after ta%ing into account the promoters own contribution e!uivalent to AEC of the pro)ect cost. In addition, term loan may be sanctioned as per usual norms under Definance 0cheme of 0I:$I.

S)C1R%"!
3ypothecation of the articles purchased. 3rd party guarantee acceptable to the ban%. o security including collateral security will be insisted upon from borrowers in respect of soft loan.

R ") &0 %N")R)S"


0oft loan, &nly service charge Q AC p.a. is payable, which may be retained by lending office. +erm 6oan, As per interest rates advised from time to time or structure under Definance 0cheme as fixed by 0I:$I from time to time, in case refinance has been availed. For such prevailing rates,the concerned branch may be contacted.

R)P !M)N"
0oft loan is repayable within AE years<inclusive of initial moratorium period of not more than five years>. 3owever, the period of repayment of soft loan will be co'terminus with that of term loan.

.%SB1RS)M)N"
0oft loan is to be released in accordance with terms and conditions of sanction thereof and after the promoter<s> has<have> brought in her<their> own contribution in full. $an% has to act as agent of 0I:$I for sanction, disbursement and recovery of soft loan.

PNB )C%M 0%N NC)


Ser<ices o??ered to )D>orters
(re'shipment finance in foreign currency and Indian rupees (ost'shipment finance in foreign currency and Indian rupees 3andling export bills on collection basis &utward remittances for purposes as permitted under 1xchange /ontrol guidelines Inward remittances including advance payments @uoting of competitive rates for transactions 9aintenance of 1xchange 1arners Foreign /urrency <11F/> accounts Assistance in obtaining credit reports on overseas parties Forfaiting for medium term export receivables 0ervices offered to %m>orters 1stablishment of Import 6etters of /redit covering import into India and handling of bills under 6etter of /redit 3andling of import bills on collection basis Demittance of advance payment against imports &ffering utilisation of (/F/ < pre'shipment credit in foreign currency> for imports /redit reports on overseas suppliers

)CC# N+) ) RN)RS 0&R)%+N C1RR)NC! E ))0C G .)P&S%"S SC#)M


+he 1xchange 1arners Foreign /urrency <11F/> :eposits 0cheme was started by D$I in the year ALL2 with the introduction of 6iberalised 1xchange Date 9anagement 0ystem. ?nder this scheme, the recipient of inward remittances, exporters and other eligible bodies are allowed to %eep a portion of their inward remittances " export proceeds in foreign currency with the ban%s in India which can later be utilised for permissible purposes.

PNB S)"S 1P C&NN)C"%'%"! /%"# "#) C1S"&MS .)P"". 0&R "#) B)N)0%" &0 )CP&R")RSA%MP&R")RS
+o provide efficient service to our importer"exporter clients, ( $ has set up a connectivity with the /ustoms :epartment to facilitate payment of custom duty and receipt of duty draw bac% by the importer"exporter clients through the electronic media. ?nder this system of 1lectronic :ata Interchange < 1:I >, /ustom Authorities process the shipping bills and also effect on line payment of duty draw bac% for exporters. Further, they underta%e processing of $ill of 1ntry and deposit of custom duty for imports. +his is a pilot pro)ect in the country successfully implemented at %ndira +andhi %nternational ir>ort; Custom #ouse branch of ( $. +his has now been replicated at ( $.s extension counters at %nland Container .e>ot; "u9hla5abad; .elhi and Pat>ar +anj; .elhi.

PNB 4 &"#)R CR).%" SC#)M)S


+o meet your credit re!uirements, ( $ is there with many attractive schemes to choose from,

0cheme for advances to Doad +ransport &perators for purchase of +ruc% , $uses and advances to owner'drivers of +axi, /ar, 0cooter, :iesel 7eep , 0tation *agons or +empos etc. 0cheme for advance to self'employed persons engaged in small business. Advance against $an%.s own :eposits. 6oans to individuals against 0hares " :ebentures " $onds. Advances against 4ovt. securities , postal securities , IG(s , MG(s , 7ewellery , F:Ds of ( $ 0ubsidiaries , ?nits of ?+I K other 9utual Funds , (ensioner.s $enefit 0cheme etc.

Punjab National Ban5: Ban5: Punjab National Ban5

9aximum +enure, Age of 0tudent,

I years 9inimum, AH years 9aximum, 3E years +ution fees 6ibrary"&ther institution charges 3ostel"9ess charges +ravel expenses abroad <one way> For studies in India, Ds.BEEEEE For studies abroad, Ds. A million ?pto Ds.2EEEEE ' A2.2BC Above Ds.2EEEEE ' AB.33C @uarterly compounding il ?pto Ds.2EEEEE ' A2.FAC Above Ds.2EEEEE ' AH.23C 2 yrs after course completion or A yr after )ob offer +hird party 4uarantee /ollateral 0ecurity for loans above Ds.AEEEEE Insurance (olicies for loans upto Ds.AEEEEE 6oans for (ayment seats"studies abroad, collateral of ABEC value (arents"4uarantors I+ Deturns /ollateral 0ecurities Admission ote"letter Insurance (olicies /opy of passport"visa for students going abroad

(urpose,

9aximum 6oan Amount,

Interest Date, Interest /harged, 9argin De!uired, 1ffective Interest Dates, Depayment /ommences,

0ecurity De!uired,

:ocumentation De!uired,

P1NJ B N "%&N 2 B N* &r9anisation Punjab National Ban5.

+he applicant should be an Indian national in the age group of 364,years. 6-K mar%s in their final examination
)li9ibility

B-K for technical !ualification +he parents"guardian of the student should have regular source of income to the extent they are able to repay the loan in case of need or unforeseen circumstances

Borro:er

0tudent and parent )ointly For employed students loans can be granted in their individual names Rs. B lacs for studies in India and Rs.3- lacs for studies abroad At competitive rates on reducing balance only.

2oan mount

%nterest Rates

?pto Rs. 2 2acs 4 32K >.a. Above Rs. 2 2acs 3BK>.a. @uarterly remittance of interest to be made during the course period. Depayment of the loan will start 2 yrs after the completion of studies by the borrower or one month after getting employment whichever is earlier. +he >rinci>al amount o? the loan L interest accrued thereon will be repaid in $M months installment

Re>ayment

Security

For loans upto B 2acs /o'obligation of either or both parents or guardian or third party guarantee with net means e!ual to amount of loan and 6I/ policy for e!uivalent to the loan amount.

For 6oans above B 2acs

/ollatoral which is 3B-K of the loan amount is re!uired N "o> O

&ur home e!uity installment loans and home e!uity lines of credit offer you great benefits, including potential taD deductibility a>>lication ?ees. ;ou can use our home e!uity loans to pay for almost any large expense at lower rates than many other forms o on your application, usually within HE seconds2

Some im>ortant ?eatures o? PNB:4 @.A Who can avail Housing Loan from this Bank? A. Any Individual can avail housing loan from this ban%. @.2 what are the purposes for which anyone can avail Housing Loan? A. i> For construction of house. ii> For purchase of house"flat. iii> For purchase of house"flat from the original allottee, i.e. on First (ower of Attorney basis. iv> For carrying out repairs"renovation"additions"alterations in the existing house. @.3 How much loan amount anyone can avail? A. FEC of the cost of pro)ect, sub)ect to maximum of Ds.BE lac, depending upon pro)ect cost and your repaying capacity. 3owever, for carrying out

repairs"renovation"additions"alterations in the existing house FEC of the estimate of expenses, sub)ect to a ceiling of Ds.B lac. @.= What will be the rate of interest ? A. +he rate of interest for the loans sanctioned on or after AA.H.2EEA will be applicable as per the option <Fixed or Floating> exercised by the borrower. For loans sanctioned on or after 23.L.LF till AE.H.2EEA, rate of interest will not be changed during the currency of the loan unless ban%.s (+6D is fixed above the rate of interest applicable to the loan account as per sanction. In such cases, the rate of interest applicable to the loan account shall be fixed at the (+6D itself. As regards loans sanctioned prior to 23.L.LF, rate of interest is sub)ect to change from time to time. @.B Can the option on the rate of interest e ercise! at the time of sanction be switche! over !uring the currency of the loan? A. +he option for Fixed or Floating Date of Interest exrcised by the borrower at the time of sanction will not be allowed to be switched over for a minimum period of 3 years. +hereafter any change would be at the discretion of the 0anctioning Authority. @.H How much perio! is available for repayment? A. 6oan together with interest is to be repaid in 1!uated 9onthly Instalments within a maximum period of 2E years, or before the borrower attains the age of HB years. @.I Whether interest applicable is flat rate or at re!ucibg balance? A. Interest is charged on reducing balance. @.F What formalities are to be complete! for availing the facility? A. Formalities vary from case to case. For details, %indly contact our nearest branch.

@.L What security !oes the bank for making the loan re"uire ? A. i> 9ortgage of property for which finance is being given. ii> In case of purchase of house flat from housing board"society where mortgage cannot be created immediately, a tripartite agreement shall be executed amongst the housing board"society, borrower and the $an%. iii> In case of purchase of house"flat on first power of attorney, additional security by way of mortgage of some other property or pledge of $an%.s Fixed :eposit Deceipt"6I/ policy"4ovt. securities has to be provided. iv> 0uitable third party guarantee acceptable to the $an% which may include guarantee from family members"other relatives.

About consumer loans some features, @.A Who can avail Consumer Loan from this Bank? A. Any Individual with a monthly income of minimum Ds.=EEE"'. #.$ What type of consumer !urable can be got finance!? A. ew consumer durable such as Defrigerator, +elevision, Air conditioner, 9icro' oven, /oo%ing Dange, *ashing 9achine, 9usic 0ystem, Furniture, (ersonal /omputer, etc. @.3 How the loan is !isburse! ? A. +he amount of loan shall be paid directly to the supplier of goods alongwith the margin of the borrower. @.= What will be the loan amount? A. FEC of the cost of consumer durable, sub)ect to maximum of Ds.A lac. 3owever, the minimum amount of loan shall be Ds.AE,EEE"'. #.% What will be the repayment perio!? A. Amount of loan together with Interest shall be repayable maximum in HE e!ual monthly instalments. #.& What is the rate of 'nterest charge! ? A. At present Interest rate is AB.EEC(min.). +his is sub)ect to change. #.( Whether 'nterest applicable is flat rate or at re!ucing balance? A. Interest is charged on reducing balance. #.) What formalities are to be complete! for availing the facility? A. i> (roforma Invoice of consumer durable<s> to be purchased. ii> (roof of residence iii> (roof of Income iv> :etails of guarantor.

Some im>ortant ?eatures related to car loans @ Who can avail Car Loan from this Bank? A Individuals or $usiness /oncerns. @ Whether finance is also available for use! cars? A Finance is also available for purchase of used cars not older than 3 years. @ How much loan can be availe! un!er the scheme ?

A For individuals, loan amount shall be 2E times the et 9onthly 0alary"Income, sub)ect to maximum of Ds.I.EE lac or FEC of the cost of the vehicle whichever is less. In case of business concerns, loan amount can be need based and is not sub)ect to any ceiling. @ whether the income of the spouse is also taken into account for !etermining the amount of loan ? A ;es, income of the spouse can also be ta%en into account for determining the amount of loan. In such cases, the spouse shall stand a guarantor. @ What will be the repayment perio!? A Amount of loan together with interest shall be repayable maximum in F= e!ual monthly instalments. 3owever, for old car, loan together with interest is to be repaid maximum in HE e!ual monthly instalments. @ What is the rate of interest charge! ? A +he rate of interest applicable for car loans is A=C p.a. for loans upto Ds. 2 lacs and AB.EEC (min.) p.a. for loans above Ds. 2 lacs.For other vehicles, it is ABC p.a.<min.>. +his is sub)ect to change from time to time. @ Whether interest applicable is flat rate or at re!ucing balance? A Interest is charged on reducing balance. @ What formalities are to be complete! for availing the facility? A +he following documents are re!uired to be submitted , i> (roforma Invoice of /ar to be purchased. ii> (roof of residence iii> (roof of Income iv> :etails of guarantor.

0 @s @A. Who is eligible to get loan un!er the scheme ? A. +he following categories of professionals are eligible to get loan under the scheme , a> (ersons already practising or new entrants in various professionals, having licences issued under /entral or 0tate 6egislations. b> Associations of persons engaged in a single profession provided that each member of such an association is !ualified and duly licensed to practice in the professionP and c> +he !ualified professionals will be re!uired to produce a certified copy of the licence for the record at the ban% . #$. What is the purpose for which a!vance is sanctione! ? A. 6oans under this scheme may be granted for the purpose of financing purchase of

e!uipment used by the borrowers, business premises, construction, ma%ing alterations or renovation of business premises"nursing homes or for wor%ing capital re!uirements, in their professions. #*. How much loan can be availe! un!er this scheme ? A. Amount of loan, eed based on merits within the overall permissible limits as under, MetroA 1rban S.1rbanA Rural rea A.9edical practitioners B.EE lac AE.E lac 2. &ther professionals B.EE lac B.EE lac 3. 9argin , il upto Ds.2BEEE"' 2BC Above Ds.2BEEE"' #+. What is the rate of 'nterest charge! ? i> 6oans upto Ds. 2 lac , AA.BEC p.a. ii> 6oans above Ds. 2 lac , '*or%ing /apital A3.BEC p.a. '+erm 6oans A=.EEC p.a. +his is sub)ect to change from time to time. #%. What will be the repayment perio! for the term loan ? A. Depayment will be in e!ual monthly instalments within the following periods, ' 6oans upto Ds.BEEEE"' =F months ' 6oans beyond Ds.BEEEE"' HE months #&. What is the proce!ure for !isbursement of the loan ? A. (ayment will be made direct to the suppliers" dealers. In case of construction of the premises, the loan may be disbursed in phases after verifying the end use in terms of the plan as also at the spot.

0 @s @A. Which are the types of e!ucation for which e!ucation loans are given ? A. 1ducation loans are given for pursuing all types of education viz. general, professional, technical and vocational courses. @2. Which costs are finance! un!er the scheme ? A. +he scheme enables the needy students to meet the following costs for studies in India as well as abroad, admission fees, boo%s K stationery, instruments re!uired for the course, monthly fees, examination fees,insurance premium for policy on life of the borrowing student,caution deposit"building fund"refundable deposit supported by bills"receipts,expenses li%e study tours"pro)ect wor%"thesis etc. re!uired to complete the

course, boarding and lodging expenses, and travel expenses"passage money including air fare for )oining the course abroad. @3. Who is eligible to get loan un!er the scheme ? A. +he following is the eligibility criteria for getting loan under the scheme , ' Indian nationals, in the age group of AH'=E years. For part time computer courses, applicants in the age group of AH'=B years are eligible. ' 0tudents who have scored pass mar%s in their last !ualifying examination and have secured admission in the courses mentioned above. ' +he parents"guardian should have regular source of income to the extent that they are able to repay the loan in case of need"unforeseen circumstances. ' 1mployed persons intending to better their prospects can also avail loan for improving their educational !ualifications and"or receive training in modern technology in India" abroad. @=. How much loan amount ' can avail ? A. +his is co'related to expenses involved in ta%ing up the course and the expected earnings after !ualifying, sub)ect to maximum of, i> For studies in India, Ds. I.BE lacs ii> For studies abroad, Ds.AB.EE lacs @B. How much loan amount ' can avail for pursuing part time computer courses ? In case of part time computer courses, the extent of loan should not exceed Ds. BE,EEE"' per annum or fee fixed by the particular institution<as per prospectus less concession,if any>, whichever is less. @H. What is the security re"uire! by the bank ? A. +he following additional security in addition to the personal liability of the borrower is re!uired , i> 6oan upto Ds. B.EE lacs, /o'obligation of either or both parent<s> or guardian<s> and the 6I/ (olicy for e!uivalent to the amount of loan. ii> 6oan above Ds. B.EE lacs, /o'obligation of parent<s> or guardian<s> and /ollateral 0ecurity or third party guarantee acceptable to the ban% e!uivalent to AEEC of the amount of loan. @I. What is the rate of interest charge! in the loan ? A. +he interest rates presently applicable to the education loan are as under , i> 6oan upto Ds. = lac,A2.EEC p.a. ii> 6oan over Ds. 2 lac upto Ds. AB lac, A3.EEC p.a. iii> 6oan over Ds. AB lac, ABC p.a. +he Interest rates are sub)ect to change from time to time. @F. What is the metho! of application of interest in the loan 8 A. +he interest shall be charged at simple rate from the date of disbursement till the

commencement of repayment of loan. +hereafter, compound interest is charged on reducing balance. @L. When !oes the repayment of loan commence ? A. Depayment will commence after two years of the completion of studies by the borrower or one month after his"her getting employment, whichever is earlier. @AE. What is the repayment sche!ule ? A. (rincipal and interest is repayable in F= monthly instalments. @AA. 's there any stipulation about ceiling on annual income of parents,guar!ian ? A. o, there is no stipulation of ceiling on annual income of the parents"guardians.

0 @s @A. Can anyone raise loan un!er this scheme for activities other than -griculture ? A. ;es, for other rural household re!uirements such as education, consumable items , medical expenses , etc. upto 2BC of the limit or Ds.2B,EEE"' whichever is lower. @2. .o ' nee! minimum "ualification to be eligible un!er the scheme. ? A. o. @3. 'f ' have % acre of unirrigate! lan! / am ' eligible un!er the scheme ? A. ;es . @=. Can ' take the payment from the other branches also ? A. ;es , but within the same district whereas the illiterate card holders will avail the facility from the issuing branch only. @B. .o ' have to pay any a!!itional fee,charge for with!rawing cash from other than the issuing branch ? A. ;es , if you withdraw cash from the branch other than the issuing branch a commission Q2C is charged and the same is deducted from the cash withdrawn . #&. 'f ' want to renew my 0rishi Car! what formalities are re"uire! ? A. ;ou should approach the issuing branch one month before the expiry of the card with a written re!uest for the same. #(. 's there any concept of the margin un!er the scheme ? A. For limits upto Ds. 2,EE,EEE"', the margin re!uiremnts are nil. For limits above Ds.2EE,EEE"' upto Ds. 3,EE,EEE"', margin re!uirement is AEC. #). 'n case of loss of car!,passbook what are the formalities ?

A. Inform the card issuing branch by !uic%est means and a new card is re'issued on payment of nominal charges of Ds.2EE"'. #1. How !o you work out the eligible limit ? A. +he limit is wor%ed out on the basis of your total income from farm as well as non' farm activities, extent of land holding, acreage and average yield of crops grown, price realisations etc.. #23. How !o ' repay the amount raise! against the car! ? A. Aggregate credits into the account during the A2"AF months period,as the case may be, should atleast be e!ual to the maximum outstanding in the account.+he card holder will also have to maintain his"her cash credit account in credit balance for atleast one wee% once a year. 3owever, the consumption loan portion shall be ad)usted within a period of three years. All the repayments"deposits by the card holder shall be made at the card issuing branch only.

0 @s @A. 4or which activities loan can be raise! un!er this scheme ? A. 6oans can be provided under this scheme to both individuals as well as business enterprises for the purpose of meeting business and personal needs.(ersonal needs would cover children.s higher education, travel, daughter.s marriage, medical emergencies, etc. 6oans,however, are not available for speculative purpose. @2.-re loans available in in rural,semi5urban areas ? A. 6oans are available anywhere in India from ( $ branches but only against mortgage of properties at urban"metro centers. @3. 6o what e tent loan can be raise! un!er this scheme ? A. 6oans can be raised under this scheme upto 2E times of their net monthly income or Ds.AE lacs whichever is lower, with a minimum loan amount of Ds. 2 lacs. @=.What is the repayment sche!ule for this scheme ? A. 6oan together with interest is repayable in maximum HE e!ual monthly instalments.3owever, it should not normally exceed BEC of the gross income of the borrower. @B. What is the security to be provi!e! for this loan ? A. 6oans can be provided under this scheme against non'encumbered residential house"flat, commercial or industrial property situated in 9etro"?rban /entres only in the name and possession of the borrower. +he property should be of value e!ual to ABEC of the loan amount. #&. What is the rate of interest to be charge! on loans un!er this scheme ?

A. (resently, the rate of interest being charged on this scheme is AHC p.a..+his is sub)ect to change from time to time. #(. -re there any processing charges for loans un!er this scheme? A. 6oan carries a nominal processing charges of Ds.2EE for loans upto Ds. 2 lac, and Ds. ABE per lac or part thereof in case of loans over Ds. 2 lac. +here are no pre'payment charges .

0 @s @A. 4or which activities loan can be raise! un!er this scheme ? A. 6oans can be provided under this scheme to both individuals as well as business enterprises for the purpose of meeting business and personal needs. 6oans,however, are not available for speculative purpose. @2.-re loans available in in rural,semi5urban areas ? A. 6oans are available anywhere in India from ( $ branches but only against mortgage of properties at urban"metro centers. @3. 6o what e tent loan can be raise! un!er this scheme ? A. 6oans can be raised under this scheme to a maximum loan amount restricted to FEC of the future lease rentals receivable, which should not exceed the amount of rent receivable within unexpired period of rent deed"lease deed or 3 years whichever is less. 1xposure per borrower is not to exceed Ds. B crore. @=.What is the repayment sche!ule for this scheme ? A. 6oan is repayable in maximum 3H e!ual monthly instalments or remaining period of the lease whichever is earlier. @B. What is the security to be provi!e! for this loan ? A. 0ecurity under this scheme is to be provided as under , A.Assignment of lease rentals. 2.1!uitable mortgage of any immovable property to the extent of AEEC of the loan. 3.+hird'party guarantee. #&. What is the rate of interest to be charge! on loans un!er this scheme ? A. (resently, the rate of interest being charged on this scheme is AHC p.a.+his is sub)ect to change from time to time. #(. -re there any processing charges for loans un!er this scheme? A. 6oan carries a nominal processing charges of Ds.2EE for loans upto Ds. 2 lac, and Ds. ABE per lac or part thereof in case of loans over Ds. 2 lac. +here are no pre'payment charg

0 @s @.A Which women can avail Loan from your Bank un!er the scheme for financing housewives? A. Any woman"housewife, AF years of age and above, living at a place for more than H months and who has not been a member of any industrial co'operative soceity, as also not indebted to any cooperative or state agency, can avail loan under this scheme. #.$ What kin! of activities can be got finance! un!er this scheme? A. 3ousewives and other ladies can avail this loan for pro)ects relating to artisans,village and cottage industries, 00I small business and retail trade. Industrial pro)ects re!uiring higher assistance may also be considered under the scheme of financing small scale industries. @.3 How the loan is !isburse! ? A. +he amount of loan for purchase of e!uipment shall be paid directly to the supplier. Advances against raw material will be made either in the form of pay order in favour of the supplier or on the presentation of bill to the ban%. In respect of re!uirements of petty items li%e tools, e!uipment and raw materials, cost not exceeding Ds.FEE"' per item, the amount may be released either to the borrower or to supplier in cash upto Ds.3EEE"' on merits, without insisting for performa bills, cash'memo<s> etc.. @.= What will be the loan amount? A. +he amount to be disbursed will be need based,sub)ect to ceiling of Ds.2B,EEE"' per borrower for purchase of machinery"e!uipment etc.and meeting wor%ing capital re!uirement of one operating cycle. #.% What will be the repayment perio!? A. +he term loan"composite term loan is re!uired to be ad)usted in 3H monthly instalments starting 3 to H months from the date of availment depending upon generation of surplus. #.& What is the rate of 'nterest charge! ? A. At present Interest rate is A2.EEC. +his is sub)ect to change from time to time.

0 @s @.A Who can avail loan un!er 7ahila 8!yam 9i!hi :cheme from your Bank? A. 1ntrepreneurs engaged in new pro)ects in tiny and small scale sectors for manufacture, preservation or processing of goods <<tiny enterprises would include all industrial units and services industries <except Doad +ransport &perators> satisfying the investment ceiling prescribed for tiny enterprises viz. Ds. B la%h>. Apart from this, all tiny and small scale industry entrepreneurs<including those which have availed this facility earlier> are also eligible for underta%ing expansion, modernisation, technology upgradation and diversification. 0ic% units in the tiny and small scale sectors including service enterprises as mentioned above, which are considered potentially viable, besides

all industrial activities and service activities <except Doad +ransport &perators> in the 00I sector, are also eligible for loan under this scheme. #.$ What are the criteria for pro;ect outlay for financing un!er this scheme? A. +he pro)ect cost criterion <including margin money for wor%ing capital> is as under, 'for new pro)ects, not exceeding Ds.AE.EE per pro)ect. 'for existing units and service enterprises, the outlay on expansion"modernisation"technology upgradation, or diversification or rehabilitation should not be exceeding Ds.AE.EE la%h per pro)ect. @.3 How is the soft loan portion !isburse! ? A. +he soft loan is to be disbursed in accordance with terms and conditions of sanction and only after the promoter<s> has<have> brought in her<their> own contribution in full. In this connection, the ban% acts as agent of 0I:$I for sanction, disbursement and recovery of soft loan. @.= What will be the soft loan amount? A. A soft loan under this scheme can be sanctioned upto 2BC of the pro)ect cost with a ceiling of Ds.2.BE la%h per pro)ect to meet the gap in e!uity as per prescribed :ebt 1!uity Datio <:1D> of A.FBI,A <excluding 0tate subsidy which may be retained for meeting wor%ing capital>, after ta%ing into account the promotors# own contribution e!uivalent to AEC of the pro)ect cost. In addition,term loan may be sanctioned as per usual norms under Definance 0cheme of 0I:$I. #.% What will be the repayment perio! of the soft loan? A. +he soft loan is repayable within AE years<inclusive of initial moratorium period of not more than five years>. 3owever,the period of repayment of soft loan will be co' terminus with that of term loan.

#.& What are the rate(s) of 'nterest charge! for the soft loan an! the term loan respectively? A. In case of the soft loan, only service charge Q AC p.a. is payable, which may be retained by lending office.As for the term loan, the interest rates will be as advised from time to time &D structure under the Definance 0cheme as fixed by 0I:$I from time to time, in case refinance has been availed. #.( What is the e tent of <efinance,reimbursement of the soft loan that can be availe! un!er this scheme? A. +he term loan under the scheme will be provided as given under the Definance 0cheme. +he 0oft 6oan, on the other hand,will be reimbursed to the extent of AEEC.

Educational Loan Scheme The Reserve Bank of India has evolved an educational loan scheme to facilitate financial assistance to students seeking admission to private professional colleges to pursue the full time graduate/post-graduate courses.The scheme is effective from August 1,1999. All pu lic sector anks have een directed ! RBI to provide educational loans to students "ho fulfil certain eligi ilit! criteria. RBI has identified following disciplines# i. medical and dental $all ranches such as allopath!, a!urvedic, homoeopath!, unani% ii. engineering iii. chemical technolog! iv. management v. architecture including interior decoration vi. la" vii. computer science and applications Eligibility criteria: $i% &tudent should have secured admission in private professional college against either free/merit or pa!ment seat. &tudent "ill have to su mit a certificate to this effect from the principal / competent authorit! of the college concerned. The college should e affiliated to a universit! in the countr! and the course should e recognised ! the concerned governing od!, such as, Indian 'edical (ouncil, etc. $ii% &tudent)s annual famil! income $or that of his father or guardian% should not e*ceed Rs.1 lakh from all sources. An affidavit to this effect "ill have to e furnished ! the student and his father and in the a sence of the father, ! mother or other near relative. $iii% &tudents "ho have secured admission against +uota of seats meant for ,RI/foreign students "ill not e eligi le for assistance under the scheme. Loan amount# Rs. 1-,... for free/merit seat student and Rs.-.,.../- for pa!ment seat students, or the fees pa!a le ! the student, "hichever is less. Interest# The rate of interest charged under the scheme "ill in no event e*ceed 1/ per cent per annum. Security # The advances in this case "ill e on clean asis. Repayment: Repa!ment of the loan "ill commence immediatel! after t"o !ears of completion of the course the student is stud!ing in or si* months after the student orro"er has secured emplo!ment and starts earning, "hichever is earlier. The total period for repa!ment including the a ove period of t"o !ears or si* months, as the case ma! e, should not e*ceed five !ears from the date of completion of the course ! the student. A ond undertaking to repa! the loan amount in the stipulated manner "ill have to e e*ecuted ! the student and in case the student is minor, ! his father/mother or the guardian. &tudent "ill have to su mit a certificate ever! !ear from the college authorities regarding fees pa!a le ! him. The lending ank to the college concerned "ill remit loan amount. 0oan granted in each academic !ear ma! e treated as a separate loan account for determining rate of interest, securit!, etc. The assistance from the ank should e availa le to the student for the entire duration of the course. The student "ill not e re+uired to su mit a fresh application for loan ever! !ear ut "ill onl! su mit to the ank proof of his continuing to fulfill the eligi ilit! criteria.

1o"ever the o 2ective of the scheme to provide financial assistance ! "a! of loans to the meritorious and indigent students in order to encourage them to pursue the full time graduate/post- graduate professional courses in private professional colleges for developing the technical skills "ill e fulfilled onl! if the anks implement it properl!.

Citiban5

I2 hours is all it ta%es to bring home happiness. In whatever form it may be. $e it money for your child.s education, (/ or consumer durables, a vacation abroad, a wedding in the family, or )ust about anything else. /itiban% (ersonal 6oan ta%es care of all. 0o, if there is something we want to do for your loved ones, we can approach /itiban%. *e can get loans from Ds.=E,EEE to Ds.AE lacs

2oans ?or salaried em>loyees and sel?4em>loyed >ro?essionalsJ we are eligible if we are an employee of /entral 4ovt., (0? or a (ublic 6td. /ompany, or a self' employed professional. All we need is a minimum net monthly income of Ds.HEEE. And we get the loan directly through a demand draft.

No Security or +uarantors o security or guarantors are needed. 7ust your payslip or an I+ returns form will do.

0leDible Re>ayment &>tions Depay conveniently in 1!uated 9onthly Instalments <19Is> of A2, 2=, 3H or =F months. ttracti<e interest rates 0ince the interest is calculated on the monthly reducing balance, only the outstanding balance attracts interest at any point in time.

0astest >rocessin9 +he money is yours within I2 hours of submitting your application form along with the relevant documents.

)li9ibility Criteria +o %now more about the eligibility criteria applicable to you, please choose your profession from the dropdown

?or sel? em>loyed >ro?essional

)li9ibility Criteria Age limit 2B yrs ' HB yrs 9inimum yearly 4ross Income of Ds. FB,EEE 9inimum three years of self'employment I+ Assessee for at least last two years

2oan amount ,' we can get loan up to A.2B'times your gross annual income sub)ect to , 9inimum Ds. A,EE,EEE to 9aximum =,EE,EEE. "enor 9inimum A year to 9aximum = years /hat they need ?rom us8 2 years Income tax returns 5 supplementary documents $an% A"c statement for the last H months (A number or F&D9 HE for loans greater than Ds. BE,EEE 0upplementary documents , (roof of age, residence and I:

?or salaried indi<idual

)li9ibility Criteria Age limit 23 yrs ' BF yrs 9inimum Annual Income of Ds. I2,EEE (ermanent"/onfirmed employee 9inimum income will vary based on your city and place of employment 2oan amount4 :e can get loan up to AA times your net monthly income sub)ect to , 9inimum Ds. =E,EEE to 9aximum 3,EE,EEE "enor 9inimum A year to 9aximum = years /hat they need ?rom us8

6ast 2 months 0alary slip not more than LE days old a> /omputerised pay slip with company logo b> (ay slip on company letterhead. < 6ast 3 months $an% statement if pay slip is not in standard format> (A number or F&D9 HE for loans greater than Ds. BEEEE. 0upplementary documents , (roof of age, residence and I:

0or salaried doctors

)li9ibility Criteria Age limit 23 yrs ' BF yrs or retirement age 9inimum annual 4ross Income of Ds. A,2E,EEE 9inimum @ualification, 9.$.$.0"9.:, $.:.0, :iploma in &phthalmology <:.4.&>, :.&":.&.9.0 (ermanent"/onfirmed employee

2oan amount:4 :e can get loan up to A2' times your gross monthly income sub)ect to , 9inimum Ds. BE,EEE to 9aximum 3,EE,EEE "enor ,'9inimum A year to 9aximum = years

/hat they need ?rom us8 6ast 2 months 0alary slip not more than LE days old or latest Form AH $an% A"c statement for the last H months (A number or F&D9 HE for loans greater than Ds. BEEEE 0upplementary documents , (roof of age, residence and I:

0or sel? em>loyed doctors

)li9ibility Criteria Age limit 2B yrs ' HB yrs 9inimum yearly 4ross Income of Ds. HE,EEE 9inimum @ualification, 9$$0"$:0 I+ Assessee for at least last two years

2oan amount:4;ou can get loan up to ='times your gross annual income sub)ect to , 9inimum Ds. A,EE,EEE to 9aximum AE,EE,EEE "enor:4 Minimum A year to 9aximum = years /hat they need ?rom us8 2 years Income tax returns 5 supplementary documents (A number or F&D9 HE for loans greater than Ds. BE,EEE 0upplementary documents , (roof of age, residence and I:

0or sel? em>loyed caAic:a

)li9ibility Criteria Age limit 2B yrs ' HB yrs 9inimum yearly 4ross Income of Ds. FB,EEE 9inimum three years of self'employment I+ Assessee for at least last two years

2oan amount:4 :e can get loan up to 2'times your gross annual income sub)ect to , 9inimum Ds. A,EE,EEE to 9aximum =,EE,EEE "enor 9inimum A year to 9aximum = years /hat they need ?rom us8 2 years Income tax returns 5 supplementary documents

$an% A"c statement for the last H months (A number or F&D9 HE for loans greater than Ds. BE,EEE 0upplementary documents, (roof of age, residence and I:

0or sel? em>loyed en9ineers

)li9ibility Criteria Age limit 2B yrs ' HB yrs 9inimum yearly 4ross Income of Ds. 2,EE,EEE 9inimum three years of self'employment I+ Assessee for at least last two years

2oan amount:4 we can get loan up to A.2B'times your gross annual income sub)ect to , 9inimum Ds. A,EE,EEE to 9aximum =,EE,EEE

"enor:49inimum A year to 9aximum = years

/hat they need ?rom us8 2 years Income tax returns 5 supplementary documents $an% A"c statement for the last H months (A number or F&D9 HE for loans greater than Ds. BE,EEE 0upplementary documents, (roof of age, residence and I:

Standard charter

9o on that :ell deser<ed holidayPP. >lan ?or your dau9hter7s :eddin9PP >ersonal loans ?or your educationPP 4o for standard charter then

(ersonal loan is specially designed to get you the money you need in time, without having to answer unnecessary !uestions, and without any collateral or mortgages.

1niQue 0eatures

;ou get to choose the repayment plan most convenient for you, ranging from a compact A2'month period to a comfortable 3H'month span. ;ou are free to use the money for renovating your house or meeting some unexpected expenses etc o collateral or security. @uic% and easy processing.

)li9ibility criteria

be at least 2A years of age but not more than HB years at the time of applying. be residing within city limits.

be a salaried individual, employed in any public sector or multinational company, or a 4overnment servant complete the minimal documentation needs.

So; ho: do anyone 9et a >ersonal loan8 All we have to do is Apply online or call (hone $an%ing or contact them at any of their branches and they.ll come to over to their home or office to help us ta%e care of all the formalities.

Car ?inance

Need a loan to buy a car8 7ust call in and drive away. $uying a car couldn.t be simpler, and more convenient.

1niQue 0eatures 6ow interest rates 6oans that cover up to LEC of the car.s cost A wide range of cars that you can choose from Arm chair documentation i.e. you get room service with all the formalities ta%en care of @uic% approval and easy realization ;ou can choose the loan repayment period ;ou have a entire range of schemes to choose from.

"he <arious schemes that :e can decide ?rom:

Re9ular ?inance scheme

A scheme meant for salaried or self'employed individuals, proprietorship or partnership firms and 6imited /ompanies. +he interest rates charged are lower than those in the mar%et and the repayment is real easy via 1!uated 9onthly Installments <19Is>. /hoose a repayment period fromA to B years and you always have the flexibility to prepay after a minimum of H months at a nominal prepayment charge of 3 C of the outstanding loan amount

So; ho: can anyone 9et a car loan8 All we have to do is Apply online or call (hone $an%ing at any of their branches and they.ll come to over to our home or office to help us ta%e care of all the formalities.

>ro??esional loans

need a loan ?or our child7s hi9her education8

3ere.s an installment loan that.s tailor'made to meet your personal or professional needs without the bother of any collateral or security, and in minimum possible time. And all it ta%es, is )ust one call2

1niQue 0eatures

+a%e a loan for an amount ranging from Ds. BE,EEE to Ds. FEE,EEE /hoose a repayment period of A'B years @uic% approval and easy realization @uic% and easy documentation )li9ibility criteria

a professional ' /A, doctor, engineer, architect or management consultant have a minimum income of Ds.HE,EEE per annum reside within city limits be between 2B years and HB years

So; ho: do anyone 9et a >ro?essional loan8 All we have to do is Apply online or call (hone $an%ing at any of their branches and they.ll come to over to our home or office to help us ta%e care of all the formalities.

I&I&I

/hat7s so uniQue about %C%C% Personal 2oans8 6oans are available from as low as Ds 2E,EEE to Ds 3 la%h o security, collateral or guarantors re!uired Any'purpose loans with no !uestions as%ed regarding the end use of the loan 3assle'free application process with the clic% of a mouse :etails on your application status online $alance +ransfer facility from, ' (ersonal loans to personal loans ' /redit cards to personal loans 3ome 6oans ' I/I/I $an%

+he I/I/I $an% 3ome 6oans are available in the following cities, Aurangabad Ahmedabad $angalore $aroda /hennai /alcutta :elhi 9umbai asi% agpur (une 2oan mount

+he loan amout is upto a maximum of FBC of the value of the property to be financed. 9inimum amount, Ds. A la%h 9aximum amount, Ds. AE million.

"enor

+he tenor of a I/I/I $an% home loan ranges from a period of A year to 3E years depending on the type of loan availed.

)li9ibility

+he eligibility criteria are, R +he applicant should be atleast 2B years of age and a maximum of HB years at the time of loan maturity. +he applicant should have a regular source of income. .ocumentation +he documents re!uired are, (assport size photograph of all the applicants Desidence and age verification, which may be established from the (A card, 1lection I:, (assport, :riving 6icense or Dation card $an% statements for the last six months 6atest salary slip"statement showing all deductions in case of employed applicants /ertified copies of $alance 0heets and (rofit and 6oss accounts, I+ ac%nowledgments, advance tax challans <for both company"firm and personal account> for the last three years in case of self'employed applicants 9emorandum" Articles of Associations for companies, partnership deeds for firms and a brief profile of your company" firm in case of self'employed applicants (roperty :ocuments <as and where applicable> , Application form duly filled and signed. :raft sale agreement. (revious sale agreements. &/ to mortgage from society" builder as per our format. 0ociety 0hare certificates. &ccupancy certificate <Deady property or ?"/ property>. &riginal stamped receipts for the payments already made to the builder" seller,till date 3I I /learance form the appropriate Income +ax authorities, if applicable 6ist of additional amenities from builder where applicable %nterest Rate Structure

+enure <years> A'B H'2E 2A.3E

Interest Date AA.2B C A2.IB C A2.FB C

19I /hart per Ds.A,EE,EEE "enor Interest, AA.2BC B years 2E years 3E years &ther Costs Fees, A.FC of the sanctioned 6oan amount. (rocessing fee, Ds BEE <at the time of application>. Ds. 22HL .a. .a. Interest, A2.IBC .a. Ds. AAHF .a. Interest, A2.FBC .a. .a. Ds. AAEE

C&NC21S%&N

+he Financial system is one of the most important inventions of the modern society. +he phenomenon of inbalance in the distribution of capital or funds economic system. A financial system function as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit. $y ma%ing funds available the financial system helps in the growth of modern economies and also enables the process of improving the standard of living of the country#s citizens. In the financial system commercial ban% are the oldest, biggest and the fastest financial intermediaries in India. +hey are the most important depositors of public savings as the most important disburses of finance. +he ob)ective of ban%s is to ma%e deposit and give loans. In carrying out secondary research on the giving pro)ect we ta%e upon various %ind of different loans that are provided by this ban%s. +hese research was conducted across various ban%s covering both the private as well as public sector. :espite being in various opposite fields all the ban%s resembled !uite similarities as far as there loan policies were concerned. It was however that the public sector extended a greater diversity of loan facilities relative to the private sectors. $an%s which offer the loan facilities to the general public are doing a great service in performing substances.