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(Chembur, Mumbai – 4000088)
Master in Management Studies (2011-2013) FY-MMS (IInd Semester)
SUBMITTED TO: Prof. Rama Iyer
Interim report on NPA’s
DATE OF SUBMISSION: May 28, 2012 Submitted by:-Roll No.49
2011 The bank has 1. Bank is offering 11 hours fully computerized services and 7 days working at 18 branches and 24 hours ATM service at 86 branches. the capital base of the bank stands at Rs. 3452. .BACKGROUND Abhyudaya Co-op. has the objective of progress and prosperity of all.. One of the loan schemes. The Bank has been converted into a ”Multi-State Scheduled Urban Coop. The deposits of the bank are over Rs.62 Crore as at the end of the financial year 2009-2010. The area of operation which was restricted to the State of Maharashtra has now been extended to Karnataka & Gujarat State.held by 83 members. today Abhyudaya Co-op Bank has become one of the large Urban Co-operative Banks with a "Scheduled Bank" status. The Bank has seen a tremendous growth in deposits.66 Crore as on 31. 2007. 4170.03.000/. The bank had posted a “Net Profit of Rs. The loans and advances stood at Rs.11 Crore as on 31. "Udyog Vikas Yojana" is specially designed for the benefit of small entrepreneurs and businessmen. The Bank has launched different loan schemes tailor-made to suit the needs of various customers.03. in its outlook and approach. which has been deprived of the banking facilities. The bank has been paying dividend @ 15% to its members. which were Rs.63 Crore as on 31.96 Crore as on 31. Innovative Banking is another area of operation that Abhyudaya is currently focusing on for a sustainable long term growth. Bank " w. viz. repair/renovation of house property. The Bank has total 105 branches including a Mobile Bank at Navi Mumbai. 11th January.f.000 members and more than 14 lakh depositors. Currently. 5260.2011. 77. The growth rate of the bank compares well with that of others in the sector. From a humble beginning in January 1964 as a Co-operative Credit society with a share capital of a merely Rs. The Bank has maintained a steady growth. The Bank has provided fully computerized services to its valued clients.5. purchase of car. one of the leading Urban Co-operative Banks in India. seeking higher education and for purchase of household consumer durable.e. The procedure for sanctioning of loans under the schemes has been simplified and relaxed with a view to benefit the customers and facilitating speedy sanction of loans.38.2011.03. 72 Crore and Reserves at Rs. The schemes aim at providing loans for purchase or construction of residential premises. Bank is committed to spread network of branches throughout the State and provide much needed banking services to the population.735.2011”. The Bank has always endeavored for providing excellent customer service with the help of the latest technology. Bank Ltd.03.
Securities Women Entrepreneurs .BUSINESSES PERSONAL BANKING BUSINESS BANKING Saving Bank account Current account Deposit Schemes No Frills Account Any Branch Banking Facility 24X7 ATM Facility Mobile Banking Internet Banking Customers Service NRO / NRE Accounts Foreign Exchange Dept LOANS Personal Loan Housing Loan Education Loan Mortgage Loan Vehicle Loan Loan against Gold Ornaments Loan / Secured Overdraft against Govt.
000/. Employees : With SDL / ECS facility : upto Rs.000/.00 Lakh One Surety with Net Salary of Rs. Purchase of 2 wheelers 4.and above Above Rs. Purchase of Consumer Durables / Furniture / Fixtures / Computers 2.00. 3.and above (C) If the borrower is a businessman and employees of other organization with good repaying Two sureties capacity with and net salary owning of a Rs.One Surety with net salary of Rs.000/.00 Lakh Repayment Upto Rate Kindly refer Interest Rate Chart Sureties : (A) Employees of Limited companies / Large organizations / Govt.1.00 Lakh Two Sureties with Net Salary of Rs.1.and above Above Rs. Repayment of existing debt 8.to Rs.PERSONAL LOAN Purpose 1.000/. Domestic / Foreign Tours & Travels 7.and above Without SDL / ECS facility : upto Rs.2.00 Lakh Eligibility : Salaried Persons : (a) Maximum Amount Rs. Purchase of Gold Ornaments 5.7.One Surety with net salary of Rs. : Maximum Amount : Rs.7.000/.6.00. Repairs / Renovations of Flat / House 3.6.6.000/.000/.000/. .000/and above of 60 Interest : installments : Above Rs. Marriage & other religious ceremonies 6.and above (B) Persons employed in reputed companies / organizations : Upto Rs.2. 6.Two Surety with net salary of Rs.50.00 Lakh to Rs. Takeover of personal loan from other banks 9.000/.000/.25.7.50.upto Rs.Two Sureties with net salary of Rs.3.25.2. Medical expenses for self / family members etc.000/.000/house and : above.
00 Lakh:.00 Rs.00 Rs.Two Sureties.20.000/- HOUSING LOAN Purpose : Purchase of new flat and construction of house or purchase of old flat / house including extension to existing flat / house Maximum Amount : "Loans Above Above of Value the Agreement upto Rs.15.20. with Net Income/Salary above Rs.00 Lakh:. Rs.000/.10.70. Service Charges : .10.2% of amount sanctioned Share Amount : 1% of the amount sanctioned subject to min.20.00 Charges is Lakh Lakh or 90% 85% 80% Value+Stampduty+Registration whichever Market less".00 Rs.20.00 Lakh Lakh up up to to Lakh Rs.000/or per month One Surety with Net Income/Salary above Rs.20.One Surety with Net Income/Salary above Rs. Repayment : Upto 180 installments for all [ maximum ] Rate of Interest : Kindly refer Interest Rate Chart Sureties : For loans upto Rs.15.per month For loans above Rs.Service Charges : 1.1.per month Purchase of Flats in Building more than 15 years old : For purchase of flat in Building which is more than 15 years old.000/. loan will be considered only if it is certified by the Structural Engineer that the residual life of the building is more than 20 years and the building is in good condition.
00 : Lakh Lakh Lakh abroad: Students Eligibility : An Indian National. Studies Abroad : For job oriented Professional / Technical / Medical courses offered by reputed Universities. The loan will be sanctioned to the parents of the student and the student will be Co-Borrower.2. Computer Certificate courses in reputed institute accredited to the Department of Electronics.000/- Rs.20.00 EDUCATIONAL LOAN Purpose For education in India and : abroad Maximum 1. and for Pilot Training. 3. Share Upto Above Rs.10.00 India: Rs.60% of the loan amt.00 Rs.20. .00 Lakh :1% of the Amount Loan Lakh amount sanctioned :or : Rs.5. 2. Unsecured Secured For For studies Amount Loan: studies in in Rs.Service charges 0.500/Rs. Eligible Course : Studies in India : Diploma / Graduation / Post-Graduation / Medical / Technical / Professional courses in various disciplines.4.20. who has secured admission to eligible course.
00 Lakh: – One surety net salary / income above Rs.000/p. Repayment Moratorium EMI : period : Duration 60 of months the course after + 6 : months. Secured Loans above Rs.4.000/p. Expenses considered for Loan : Fees / Exam fees / Cost of Books / Equipments / Uniform etc. Service 1.2% of amount sanctioned Charges : .1.500/-. Share 1% of the Loan amount sanctioned.2.00 Lakh: . Eligibility: Upto 100% of total course fees.Two sureties net salary / income above Rs.m. CPA in USA etc. subject to min. MBA.10.Rs. MS etc.Rs. / Hostel Expenses / Caution Deposit and Travel Expenses / Passage for student studying abroad will also be considered.MCA. London.10.4. And Collateral security 100% of the sanction limit in the form of Equitable Mortgage of residential flat and/or pledge of tangible securities such as NSC / LIP / FDR / RBI Bonds equivalent to at least 100% of the sanctioned limit. period Maximum Moratorium Rate Kindly refer Interest Rate Chart Sureties of Interest : : Unsecured Loans upto Rs. Courses conducted by CIMA.000/& Amount Max.m.
00 Lakh Eligibility: Salary after loan EMI amount 40% of the Net Income subject to minimum 5000/. Rate Kindly refer of Interest Interest Rate : Chart Sureties: One surety of good means acceptable to the bank Service 1.100. Rs.& Max 20.00 Lakh to business enterprises and self employed and Professional for use in business Repayment : Upto 84 months Eligibility Amount of loan will depend on repaying capacity / DSCR / Loan to the extent of 60 % of the present value of the property.2 % of Charges the sanctioned : amount Share Amount : 2.20.000/- .00 Lakh for Personal use.30. Eligibility For Private Vehicles (New) a) Max Rs.5 % of the sanctioned amount VEHICLES LOAN Purpose : Purchase of Private / Commercial Vehicles (New or Used) Maximum amount.MORTGAGE LOAN Purpose : The loan amount can be used for any purpose but shall not be used for purposes prohibited by law. The property should be in the name of Applicant or Co-applicant of family member Maximum Amount: Rs.
For Private Vehicles (Used) (a) Max Rs.: Kindly refer Interest Rate Chart Repayment : upto 60 installments Sureties (A) For Private Four Wheelers / Two Wheelers : : One Surety (salaried family member to be considered) with Net Salary / Income of Rs.000/and above (B) For Two sureties with Commercial Net Salary / Income of Vehicles Rs.10.000/and : above Service 1.30.1. LOAN AGAINST GOLD ORNAMENTS .00 Lakh not more than 3 years b) Rs.10.2% of the Charges sanctioned : amount Share Private Vehicle: Amount - : Rs.& Max 20.50.5 % of the sanctioned amount.00 Lakh Eligibility: Salary after loan EMI amount 40% of the Net Income subject to minimum 5000/.00 Lakh For Commercial Vehicles (Used) (a) Rs.00 Lakh for Buses not more than 5 years old Rate of Int.000/- Other Vehicles:-1.15. 10.000/For Commercial Vehicles (New) (a) Max Rs.
00 Lakh Repayment : 6 / 12 / 24 months Sureties : NIL Service Charges : @ 0.6% of loan amount subject minimum Rs. Maximum Rs. 500/- Other Charges : Nominal Membership Gold Appraisal Charges Document Stamp Charges Rate of Int. : Kindly refer Interest Rate Chart Designated Branches : Now Gold Loan facility is available in almost all Branches. SECURITIES Purpose : The Loan / Overdraft amount can be used for any purpose but shall not used for purposes prohibited by law Maximum Amount: (A) Against NSC/ KVP/ & RBI Bonds (Own): • upto 2 years old :70% of accrued value • above 2 years to 4 years old : 75% of accrued value • above 4 years : 85% of accrued value (B) Loan Against KVP: 90% of Accrued value (c) 80% SOD of Against NSC / KVP / RBI Bonds : Accrued value. LOAN / SECURED OVERDRAFT AGAINST GOVT. 100/. (d) Loan/SOD against LIC Policy (Own): .Purpose : The loan amount can be used for any purpose but shall not be used for the purposes prohibited by law Maximum Amount : Rs. 15..
Nil (b)Secured Overdraft – Rs.• 90% of surrender value. • Max. 60 installments • 3 years for overdraft to be reviewed on yearly basis Securities Assignment & Pledge of NSC/ KVP/RBI Bonds or of LIC Policies (Own). : : .100/of Int. Rate Kindly refer Interest Rate Chart Sureties : NIL Service Charges : (a) Loans . 60 installments • 3 years for overdraft to be reviewed on yearly basis Repayment : • Max.
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