Annexure-IV (Revised)

UCO BANK
Name of Office/Branch

Simplified Process Note for GECL

Proposal for:
Approval for sanction of Working Capital Term Loan (WCTL) facility of Rs. _____________ to tide over
impact of COVID-19 under ‘Guaranteed Emergency Credit Line (GECL)’

A) Basic Information:

Sl
Particulars Remarks
No
1 Name of the Borrower
2 Customer ID of the Borrower
Individual Proprietor
3 Constitution (Please Tick) Partnership Company
Others Please specify
Yes No
4 GST Exempted Category (Please Tick)
If No, GST No.
5 Activity

B) Eligibility Criteria:

Parameter Details
Overall With our Bank Rs.
outstanding of the With other Lenders Rs.
Borrower as on
29/02/20 Total Rs.

With our Bank STD SMA-0 SMA-1

IRAC Status
(Please Tick) With other Lenders STD SMA-0 SMA-1

Self- Declaration As per Financial

Turnover up to Rs.100 Crs (Please Tick)
Statements

C) Assessment of Limit*:

Sl O/s as on 29/02/20
Existing Limits
No (Rs. in Lacs)
1 Working Capital (CC+OD)
2 WCTL
3 Term Loan(s)
4 Total Fund Based Limit with UCO (1+2+3)
5 Eligibility (20% of 4)
6 Amount Requested for
Amount to be sanctioned
7
(Lower of 5 & 6)

* Branch to consider O/s balance in our Books. In case borrower brings NOC from other lenders total O/s in all
lenders to be considered
D) Security: The additional WCTL facility granted under GECL shall rank second charge with the existing credit facilities,
in terms of cash flows (including repayments) and securities, with charge on the asset financed under the scheme to
be created within a period of three months from the date of disbursal.

E) Recommendation

1 Limit
2 Margin
3 Rate of Interest
4 Loan Tenure
5 Moratorium Period
6 Equated Monthly Installment
(after Moratorium Period)
NIL
UCO Float Rate + 0.60% i.e. presently_____________ % p.a.
(Rate of Interest is subject to change from time to time
as per Bank’s extant guidelines)
 48 Months
 Principal shall be repayable in 36 installments after moratorium
 12 months from the date of disbursement of the loan
 Interest to be served as and when due

F) Appraising/Recommending Officer

Signature of the Appraising Officer Signature of the Recommending Officer

Name Name

Designation Designation

Emp. No. Emp. No.

Comments, if any Comments, if any

Date: Date:

G) Decision of Sanctioning Authority

Sanctioned WCTL of Rs. __________________________(Rupees_______________________________)

as detailed above

Signature of the Sanctioning Authority

Name
Designation
Emp. No.
Comments, if any

Date: