THE KALUPUR COMMERCIAL CO-OP.

BANK LIMITED
(Multi State Scheduled Bank)
Vadaj Branch
LOAN/CASH CREDIT/OVERDRAFT RENEWAL APPLICATION
Branch application No. 59330
Date: 20/11/2018

To
The Branch Manager,
The Kalupur Comm. Co-op. Bank Ltd.
Vadaj Branch

I/We have been sanctioned Cash credit/Loan/Overdraft (SOD – Secured Overdraft) Limit of Rs. 2.77
Lakh (Rs. Two Lakh Seventy Seven Thousand in words). The due date of the limit is expiring/has
expired on 22/08/2018 . I/We request you to renew/review the present sanctioned Limit of
CC/Loan/Secured Overdraft for one more year for the growth of our business.

Name of the Firm/Company : Hinglaj Light

Constitution:- : Proprietorship
Address of Factory/Godown : J-109, Satyamev Chhavni – 5,
Opp. Merudham Jain Tirth, Sugad,
Gandhinagar 382424
Telephone/Mobile No. : 9825258073
Business/Occupation : Rental Business (Give Lights on Rent)
If any change is proposed in Constitution/Guarantors, the details thereof: NA / Detail
Details of renewal of limits:-

Sr. Type of limit Principal Security Sanctioned Limit Proposed to

No. Limit be reviewed
1 Cash Credit Stock/Book debt
2 Machinery Loan Machinery
3 Secured Overdraft Property 2,77,000 2,77,000
(SOD) (Residential Row
House)

Last six month's business details:-

Sr. Month Month Month Month Month Month

Details of
No. May 18 June 18 July 18 Aug. 18 Sep. 18 Oct. 18

1. Purchases 30000 50000

2. Sales 50000 50000 50000 1,25,000 1,50,000 2,00,000

3. Stock 13,50,000 13,50,000 14,50,000 13,80,000 14,30,000 14,30,000

4. Book Debt 50000 1,00,000 1,00,000 2,00,000 2,50,000 2,50,000

5. Creditors
Details of Account/Credit facilities with other Bank/ Our Bank

Name of Branch Type of account Remark

Bank
KCCB Vadaj SOD 351/29 Since 2017
KCCB Vadaj Current A/C Since 2014
201/2374
KCCB Vadaj Saving A/C Since 2016
101/20020
KCCB Vadaj Housing Loan Since 2016
335/20

I/we attach following documents/papers for renewal:-

i) Copy of Audited/Certified Balance Sheet/Profit & Loss A/c./Trading A/c. of the Firm/Co.
ii) Last Year's Income Tax Return/Net Means of Proprietor/Partners/Directors
iii) iii) Provisional Balance Sheet/Profit & Loss A/c. of Current year (up to last month)
iv) Last Tax/Electricity Bill of Factory/Godown/Shop
v) Income Tax Return of Guarantor for last F. Y.

I/We hereby declare that the details/information furnished in the application/Form is true. We have
read the rules & regulations of the Bank and we are agreeable for the changes in rules in future. If
my/our Credit Application is sanctioned, we undertake to repay the credit facility in stipulated time limit
or as and when Bank demands recovery thereof.

Yours faithfully
Proprietor/Partners/Directors
------------------------------------- ---------------------------
Date: ------------------------------------- ---------------------------
Place: ------------------------------------- -------------------------
(To be signed under Firm/Company's Stamp)

Guarantor's Acknowledgment
WE, the guarantors, Mr. Chandrakant Bhagwandas Bhavsar and Mr. Shailesh Navinchandra Bhavsar.
Hereby declare that Hinglaj Light has applied for renewal of credit facilities with your Bank. We agree to
continue as the guarantors for the Bank Finance. The details/information furnished in the application
are true. We have read Bank's rules & regulations and we agree to abide by any modification thereof in
future.

Date: --------------------------
Place: ------------------------------
Guarantors' Signature
___________________________________________________________________________________
For Office use:-

Branch Manager' Report:-

Change in firm's Business place or Factory, if any:
Change in firm's constitution, if any:
If any change in proposed in guarantors, the details with worth thereof

The details of existing credit facilities sanctioned to the firm:

Limit Date of Amount Margin Security Rate of O/s. As on

Sacntion/Authority interest 20/11/2018
2,77,000 20/11/18 2,77,000 40.00% Residential House 12.00% 2,31,455 Dr.
32/331,
BM Chandrabaug Hou. Soc.,
Gujarat Housing Board,
Nava Vadaj, Ahmedabad

Details of the property mortgaged to the Bank

(1)Stock/Book Debt statements submitted regularly N.A. Yes/No
(2)Monthly interest/interest is repaid regularly Yes/No
(3)Has Branch ensured conduct of stock inspection regularly N.A. Yes/No
(4)If any irregularity observed during inspection/audit Yes/No
(5)whether all the terms of sanction have been complied Yes/No
(6)Whether any inward cheque return/frequent TOD/ad hoc Yes/No

7. Turnover in the Account

(Rs. In Lakh)
Particulars Last year From Current Year From
01-04-17 to 31-03-18 01-04-18 to 31/10/18
Total Credit 5.46 5.19
Total Debit 8.12 4.81
Minimum Balance 0 1.17
Maximum Balance 2.65 2.76
Average 25.00% 77.00%
Utilisation/Percentage

Recommendations:

1.) Customer is associated with us since 2014, Hinglaj light is a Proprietorship Firm. Mr.
Dhramendra kumar Hasmukhbhai Bhavsar Is a Proprietor of that firm he have satisfactory credit
history.
2.) It is a Firm which is deal in electricity equipment (i.e. Give decoration light on rental basis) .
Customer paid regularly interest on outstanding balance.
3.) There is no irregularities find in this Renewal during renewal process So we recommend to you
renew this limit i.e. 2.77 Lacs.
 4.) G-1, Mr. Chandrakant Bhavsar is very well known customer of our branch. He is a proprietor of
"Shubham Home Industries" and having current a/c with us (01620101854).
5.) G-2, Mr. Shaileshbhai N. Bhavsar is doing job at "Kusum Agency" and having income of Rs. 3.85
Lac approx. He is having saving A/c as well as Fds with Madhupura Branch.

Date:
Place:

Prepare By:- Jitendra Tirthyani Loan Officer :- Shachi H. Patel

Branch Manager:- Palak C Shah