SME (small medium enterprise) Department:

There are 3 types of finance that bop offer to companies

• Running finance
• Cash finance
• Term finance
For the running finance companies, as number of stocks increases the company
can increase its amount in running finance but before its adjustment has to made.
Usually, Term finance is offered to only companies that are already on running
finance.
Agri finance is also offered to kissan dost A/c holders and this finance is also
termed as running finance. These customers are entertained by BOP TPC (trade
processing center) department.
In SME department, some func�ons that are ongoing are
• Account opening for loan
• Maintenance
• Recovery
• Charges deduc�on

eCIB:
eCIB stands for electronic credit informa�on bureau. The eCIB is legally
empowered to collect credit informa�on from its member financial ins�tu�ons.
The financial ins�tu�ons are required to report en�re credit records irrespec�ve
of any limit to eCIB. The informa�on in eCIB database is shared on reciprocal
basis.
This report also shows the previous customer load records if any and the security
or securi�es that is pledged.

PCS (proposed credit score):

It is client credit score in percentage that predicts the recovery from customer.
This PCS is calculated by regional manager a�er review of client bank statements
and company stock records.
Clean up requirement
There is also a clean-up requirement which means the client has to deposit the
full loan amount in bank for 3 days minimum to make sure that the client can pay
the loan.

Loan A/c Opening:

For loan A/c opening some of the documenta�ons are
• A/c opening form
• Faculty offer leter (this leter highlights the endorsement of directors to
apply for loan)
• Markup leter
• Sign stamps on terms and condi�on
• Checklist

BASIC FINANCIAL DOCUMENTATIONS;

1. Leter of arrangement
2. Promissory note
3. Leter of con�nuity
4. Financial authority
5. Leter of authority
Some other documenta�ons are
• Comple�on of documents
• Confirma�on that A/c has been opened a�er complete KYC
• Duly signed and stamp on screening
• Due diligence
• NTN cer�ficate
• ID card copies
• Witness id card copies
• All id card copies with original seen stamps
• Loan applica�on form
• Annexure V-3 & V-4
• Client A/c bank statements