APPLICATION FOR LOAN

Transcription

1 Loan No.... Date... New Delhi APPLICATION FOR LOAN Name... E/M No.... A/C No.... Branch...Telephone No... Gross Salary Rs....Net Salary Rs... Amount of Loan Rs... Date of Joining Bank Service... Number of Instalments proposed for repayment... Purpose of Loan... Value of Share Held Rs.... Balance of previous Loan Rs... Whether regular in payment of C.D.... Loan... SURETIES OFFERED Name Membership No. Branch Shared held Signature I declare that the above entries are true to the best of my knowledge Date... Shares... Approved vide resolution Previous Loan Bal. Rs... No. Dated Cheque No... Secretary Date... Amount... Total... Signature of Applicant Dated...

2 AFFADAVIT OF SHRI/SMT/MS... S/O, D/O, W/O... R/O... AFFADAVIT I,...S/O, D/O, W/O,... R/O... DELHI-do hereby solemnly declare and affirm as under :- 1. That I am a member of Corporation Bank Employees Co-operaitve Thrift & Credit Society (Regd.) M-41, Connaught Circus, New Delhi-1 2. That as on this date I am not a member of any other Co-operative Society operating in the Union territory of Delhi registered under the Co-operative Act as enforced on date in the Union Territory of Delhi. 3. That I have never been prosecuted by any law enforcing agency / agencies in any matter whatsoever. 4. That as on date I do not owe any amount/s to any Scheduled Commercial Bank / Co-op. Bank of any other financial Institution. Further I Solemnly affirm that no recovery proceeding have ever been initiated against me by any Scheduled Commercial Bank / Co-op. Bank of financial Institution/s Deponent VERIFICATION THE CONTENTS PARA 1 TO 4 ARE TRUE TO THE BEST OF MY KNOWLEDGE AND BELIEF AND NOTHING MATERIAL HAS BEEN CONCEALED BY ME. NAME E.NO. DATE PLACE

3 Phone : , New Delhi BOND I... a member of the above named society have this... day of... RECEIVED, Subject to the bye laws of the Society A LOAN OF Rs... ( In words Rs... Only) bearing interest at the rate of... per annum. An amount of Rs... is still outstanding against me out of the loan previously sanctioned and received by me. The consolidated amount of loan of Rs... including previous and current are now repayable by me, thereby undertake to repay this amount of Rs... in full by... monthly instalment commencing from the month of with interest due thereon each instalment being payable on or before the 7 th of each month. I also agree to furnish two sureties in respect of this loan or fresh sureties in addition to or in place of those furnish below, should the Managing Committee of the Society require me to do so I further agree that the loan will be expended for... with in one month from the date. If it is not so applied. I undertake to repay the money with such additional interest as may be levied in accordance with the bye laws of the Society. Under the provisions of Section 44(1) and (2) of Delhi Co.operative Societies Act 1972 I authorise the Corporation Bank... (my employer ) to deduct from my salary or other money payable by me such amount on account of instalments due on this loan as may be furnished to him by the Secretary/Treasurer/or any other authorised official of the said society from time to time and pay the same direct to the said society in satisfaction of this loan. I further authorised the Corporation Bank (my employer) in the event of my death or termination of my services for any cause whatever before this loan and the interest due thereon have been fully repaid, to deduct from the moneys due to me or standing to my estate or any gratuity or provident Fund to which I may become entitled such amount as will be sufficient to liquidate the balance of this loan and interest thereon to date of payment and to pay the same direct to the said Society in satisfaction on this loan. I hereby, declare that this authority given to the bank is irrevocable till the final instalment of loan and interest accrued thereon is made.

4 Under the above conditions, I execute this bond after having duly RECEIVED the full sum of Rs... (In word Rs...only) Inclusive of previous loan balance by Cheque No...drawn on CORPORATION BANK. DELHI Date... Signature of Borrower ( in full) E.No.... Banch/Deptt... We Suriety No.(1)... E/M No....) (2)...E/M No....) hereby Undertake to be jointly and severally liable to the above mentioned society for the due repayment of this loan with interest in accordance with the above conditions and the bye laws of the society and we hereby agree that our liability as sureties under this agreement shall not be impaired or discharged by reason of any time of others indulgence granted by the society to the said member... or by agreement entered into or composition accepted by the society modifying by operation of law or otherwise, their right and remedies under the agreement. Signature of witnesses : Signature of Sureties Signature in full Signature in full E/M No.... Branch/Deptt Signature in full Membership No... Branch/Deptt... President/Secretary/Asstt. Secretary

5 Rs. Date... On Demand I/We E/M No. Promise to pay the Corporation Bank Employees Co-operative Thrift & Credit Society Limited New Delhi or order the sum of Rupees together with interest on such sum from this date at the rate of... per annum for value Received (Signature of the borrower) SURETY 1. Signature Name SURETY 2. Signature Name Name Branch Name E/M No. Note : Pl note the signature of the Employee must be confirmed by Branch Manager

6 The Manager Date..., Corporation Bank... Dear Sir, I have been sanctioned a loan of Rs... (Rs...) by Corporation Bank Employees Co-operative Thrift & Credit Society it payable in... equal monthly instalments. I hereby authorise you to deduct from my salary every month Rs....( Rupees......) being the monthly instalment towards adjustments of the said loan plus interest due on the balance amount beginning from and remit the same to Corporation Bank Emplyees Co-operative Thrift & Credit Society Ltd. In the event of my ceasing to be in the employment of the Bank due to retirement, termination of Service, demise or any other reason whatsoever I authorise you to pay the amount to the society to the extent of outstanding loan balance with interest thereon from out of the Gratuity. Provident Fund and all other Dues payable to me on making a claim by the society. This authority is irrevocable until the love mentioned above with interest thereon is paid in full. Full Name... (block letter) Branch / Deptt... Membership No.... Yours Faithfully Borrower

7 The Manager Date..., Corporation Bank... Dear Sir, I have been sanctioned a loan of Rs... (Rs...) by Corporation Bank Employees Co-operative Thrift & Credit Society it payable in... equal monthly instalments. I hereby authorise you to deduct from my salary every month Rs....( Rupees......) being the monthly instalment towards adjustments of the said loan plus interest due on the balance amount beginning from and remit the same to Corporation Bank Emplyees Co-operative Thrift & Credit Society Ltd. In the event of my ceasing to be in the employment of the Bank due to retirement, termination of Service, demise or any other reason whatsoever I authorise you to pay the amount to the society to the extent of outstanding loan balance with interest thereon from out of the Gratuity. Provident Fund and all other Dues payable to me on making a claim by the society. This authority is irrevocable until the love mentioned above with interest thereon is paid in full. Full Name... (block letter) Branch / Deptt... Membership No.... Yours Faithfully Borrower