Adv 159/2012-13 dated 30 03 2013

SLP – MSME SectorSl NoName of the Product

1 Ind SME Secure

2 IB Doctor Plus

3 IB My Own Shop

4 IB Vidya Mandir

5 IB Contractor

6 IB Star Rice Mill

7 IB Bal Commercial Vehicle

8 IND Auto

9 IB Micro

Ind SME Secure

All MSME – Manufacturing / Service

Existing & Fresh Units

Not a restructured / rescheduled account

Group Accounts not NPA with other Bank / FI

Quantum of LoanExposure

Minimum – Rs 10 lakhsMaximum – Rs 10 Crore Per Borrower Rs 25 Crore Per GroupWorking CapitalSec OD - Rs 25 LakhsOCC - Above Rs 25 lakhs

SecuritySec ODPrimary Security – Land Building – 30% MarginCollateral - Hypothecation of Stocks

Option for sec OD / OCC for limit <= Rs 25 lakh

Unit Inspection – Monthly Stock statement – AnnualDP Based on Security Value

OCC

Limit above Rs 25.00 lakhs

Security

Primary – Hypothecation of Stocks / BD

Collateral – Factory Land – Free Hold / Lease

Other modificationResidual Lease Period shall not be < Rpt

Period + 5 YearsProperty offered as EM should be in

possession of mortgagorSanctioning authority can decide on quantum

of NFB limitNeed based limit(LC/DP/DA) may be

considered on merit

Doctor PlusTo Whom

Individual / Regd Firm / Ltd CoKey promoter / Spouse should be qualified

medical practitioner

PurposeClinic / Clinic cum residence / Lab / Medical

Store / Vehicle / Ambulance / Expansion / Renovation of clininc / Modernization of existing premises

Doctor PlusLimit Minimum 1 lakh Maximum – as per discretionary powers

Repayment 120 months with max 12 months holiday period

Explore possibilities of Insurance Policy of key man duly assigned to the bank

Security

Sanctioning Powers

IB ContractorContractors of Central / State Govt / reputed

PSU / reputed corporateSub – Contractors of Central / State Govt /

PSU selectively – sanction by ZMIn Business for 3 yearsNet Profit for last 2 years / IT return analysedTake over is permittedIndividual / Proprietary / Regd Partnership /

P Ltd

Facility

Fund Based – Secured OD /BP Term Loan NFB – LC / Guarantee

Limit

Min Rs 10 lakhs Max Rs 500.00 lakhs per borrower

Max Rs 1000.00 lakhs per Group

MarginSec OD – EM of Property – 50%

TL – Equipment – 40%

Bill Finance - 15%

NFB - 10%

SecurityMTL – Hypothecation of equipments

SOD – EM of Property – 200%

No Agricultural / Rural Property accepted

3rd Party with ZO approval

2 Valuation report from Panel Engineer

Legal Audit irrespective of Limit

Other T & CRepayment – 84 Months

Commission on BG – 0.60% per quarter or part thereof

Sanction Powers – 120% of power booklet

Application form – MSME Form

WC Assessment – TO method

Other T & CMTL - Payment direct to equipment supplierTO monitoring monthlyBooks of accounts to be scrutinized once in

3 monthsSOD brought to credit once in a yearBP after getting letter from debtorEM property to be inspected halfyearlyInsurance with bank clauseNo QIA/CMA/Stock AuditPre-payment charges applyOption to avail under Ind SME Secure

My Own ShopIndividuals / Professional / SE / Firms3 years in the activity / 2 years By ZMAge <= 50 years / upto 60 years by ZM

PurposeNew Commercial Space / Shop / Second hand purchase – residual life = Repayment + 2 years / Take Over similar purpose / Own use / Letting

outon rent – rental income to be routed to loan a/c

Quantum36 times gross / 60 times netIncome of co-borrower includedFirm – 5 times of cash profit of preceding

yearOr 4 times of average cash profit of last 3 yearMaximum Rs 50 lakhs / ZM 75 lakhsSE – Gross income net of tax before

depreciation may be considered

Other T & CMargin – 25% - ready built – full margin in advance Construction – margin on pro rata basisRepayment – max 10 yearsHoliday Period – Max 12 monthsInterest to be serviced during holiday

period3rd party Gtee need not be insisted if

margin is => 40%Upto 10 lakhs under CGTMSE

Vidhya MandirReputed Edn Institute / ZM – TTE

PurposeConstruction of pucca building with RCC

roofing Upgradation – asbestos sheet / fibre glass / GI sheets / red mud plastic sheetsSecurity Equipment / Fire Alarms / Fire Extinguisher

Vidhya MandirQuantum – Max 3 Crore – Term Loan

Margin Upto Rs 2 lakhs - Nil> 2 lakhs - Equipment – 10% Building - 25%Repayment - 10 years Instalments / No EMI

SecurityUpto Rs 2.00 lakhs – Personal Gtee of

Promoters> Rs 2.00 lakhs - EM of school building /

Other collateral

Powers - Scale I – 5 Scale II – 10 Scale III – 25 Scale IV – 75Administrative clearance - CRE

Star Rice MillFresh / Existing Rice Mills Consistent net Profit – 2 yearsTake OverAcquisition of new machinery / factory building for

modernizationWorking capital needsWC – Upto 5 Crore TO / > 5 Cr – MPBFMargin on Term Loan – 25%Margin on WC - stocks– Upto 1 Cr 20% / 25%Margin on WC – BD – 25% (90 days)Margin on NFB – As per normsTL – Repayment – Max 7 yearsSanctioning Powers – 120% regular powersSecurity – 100% of loan amt / 50% by ZM

IB BAL Commercial Vehicle:-Target Group:- Existing / New transport

operators for purchase of new commercial vehicles manufactured by M/s Bajaj Auto Ltd(BAL) for transportation of passengers or goods

Purpose:- to finance transport operators in MSME sector.

Eligible amt:- max. one commercial vehicle (Auto rickshaw /Comm.three wheeler) per borrower.

Two commercial vehicles per group or Rs.10 lac whichever is lowerRepayment: Max. 60 EMIs(holiday max. 3 months)Margin: 15% on road price.

IND Auto:-Existing / new transport operarors for

purchase of new comm. Vehicles mfg. by M/s TVS motor comp. Ltd.Borrower below 45 years of age.

Purpose:- To finance trasport operators in MSME sector for purchase of TVS Auto rickshaw /Public carrier vehicles.

Eligible amt:- Max. one comm. Veicle(up to 2 lac) per borrower. Two comm. Vehicles per group or Rs 4 lac which is lower.

Repayment:- Max. 60 EMIs incl. 3 months holiday period. Margin: 15%

IB MICRO:-Coverage & Eligiblity:-All micro mfg. & service

units. RAM rating waived. No take over allowed.CGTSME cover not available for RT/ Edu.

Inst./SHGsConstitution:- Individual, Proprietary, Partnership,

Pvt.Ltd.Exposure ceiling:- Rs 20 lakhs, Composite loan.Quantum of loan:- 20% of estimated annual turn

over as W.capital & Term loan with margin 25%.Security:-Primary: Assets created out of loan,

CGTMSE cover mandatory. No collateral.

Repayment: 60 EMI after a holiday period of 6 months. Total repayment period:66 months

Sanctioning auth:Scale 1: Rs 7.5 lakhs, II-Rs 10 lakhs, III & above-Rs 20 lakhs

Int: BR+1+ 0.50 TP now 11.75% for women 0.50% concession .

Processing charge: Up front fee at 0.57% incl. of serv. Tax. No prepayment charge.

CMA data, MSOD and periodical stock statement need not be obtained.

Activities not eligible for CGTMSE cover (like retail trade, educational institutions, SHG etc;) should not be financed under this product.

RAM rating is waived. However, entry level rating based on scoring model as per CRM Policy should be complied with

No take over of borrowal accounts is permitted under this product

Promoter’s contribution should be brought upfront

Application form as per our circular ADV : 45 dtd 17.07.13.

Stock statement for the first month after disbursement should be obtained and kept alongwith documents as a proof of enduse of working capital component and stamped receipt in respect of term loan component.