01-06-2023

BIL - Business Installment Loan

This is for SELF EMPLOYED SEGMENTS
Business Entities

Audited Financial Program

Loan is given based on
the Financial statements of the
Business
Balance Sheet
P & L Statement
Receivables
Banking Program
Bank Statements, Credit Reports,GST

Overdraft
The limit is 15,00,000
Debit balance in the account is
5,00,000
the customer will be charged
interest for 5,00,000 only

MSME - Micoro Small and Medium Enterprises

PSL - Priority Sector Lending

Credit cards
One Pager

Masked AADHAR
Bank should not accept xerox copy of
AADHAR Char with all 12 digits
1234 5678 9012 - Should not take
They can take copy of only masked AADHAR
XXXX XXXX 9012

Education Loans
For the students who have completed
12th Standard and pursue their
graduation

Main Borrower : Student

Co-Appliocant : Parents
Spouse
Sibling

Persons working : Growth in career

want to pursue higher studies

Loan Type
Fully Secured : suppose the Loan amount is
40 lakhs
and House property worth
50 Lakhs is
offered as security

Partially Secured
suppose the Loan amount is
40 lakhs
 and House property worth
30 Lakhs is
offered as security
Unsecured - No Collateral Available
FD Backed - Fixed Deposit is offered as
Collateral

Repayment
1. Immediate EMI
Loan amount 10,00,000
ROI 9.6%
Period of Loan 60 M

EMI
2. Moratorium
Loan is give on 01-06-2023
Course Period 6 months
Loan Repayment 01-01-2024
Moratorium Period
Holiday period given for porject
to take of its business

During the Moratorium Period

Simple Interest

FD Backed Education Loan

Loan Amount 6000000
FD 6000000 - Secured Portion

NO FOIR

Loan Amount 6000000

FD 4000000 - Secured Portion
2000000 - Unsecured Portion

FOIR for 2000000 is required

FD Should be in Auto Renewable