CORPORATION BANK Head Office: Mangalore

Transcription

1 ID CORPORATION BANK Head Office: Mangalore Branch APPRAISAL FORM FOR CREDIT FACILITIES OF LESS THAN RS. 10 LAKH TO MICRO & SMALL ENTERPRISES (MSEs) (Engaged in either Service/ Manufacturing activities) Small and micro (service) enterprises shall include Small road & water transport operators, Small Business, Professional & Self-employed persons, and all other service enterprises and also Retail Trade. 1. (A) About the applicant/ proposal: Name of the Unit (In Block Letters): Nature of proposal ( tick mark) Fresh Review/Renewal Addl. Limit/Enhancement Date of last review/ renewal Asset Code: Credit Limits ( Rs. in lakh) Nature of facility Existing, if any O / s b ala nc e ạṣ on Proposed Limit In the case of new connection, comments on credit facilities availed from the previous bankers and conduct of the loan accounts: Whether the proprietor/ partner/s is/are related to any of our employees? 1.(B) About the Guarantor/s: Name of the Guarantor/s Line of activity / Profession Annual Income Net Worth Details of Liability, if any 354

2 2 A) Applicable only for units falling under A Manufacturing/ Industrial services@ Category. (Otherwise this part need not be completed) i) Brief Description of the Industrial Activity Existing Proposed ii) If the unit is an ancillary unit, the undertaking to which it is catering and the address iii) Name of the Product(s) including bye-products & its (their) use iv) Manufacturing Process in brief (indicate to the extent possible) Stage-wise capacity data, Yield/ conversion data, material flow etc: v) Capacity (No. of Units/ Quantity in Kg/Volume in Litre per annum): Product Licenced Capacity Installed Capacity Operating Capacity vi) No. of working days in a month vii) No. of shifts in a day viii)locational advantages of existing and / or proposed premises with reference to : a) Absence of civic restrictions b) Proximity to the source of raw materials c) Market for the product ix) Whether required clearance has been obtained from the pollution control authority x) Necessity & purpose for the proposed investment /addition to factory premises / machinery (in case such investment is intended) for achievement of the anticipated turnover: 355

3 xi) UTILITIES: (Give comments on requirement, availability/adequacy etc.) (in no. of units per month) a) Power: Contracted Load Connected Load Future Power Consumption b) Water: (Enclose certified xerox copy of sanction for power connection) c) Fuel: d) Others (Specify): xii) Managerial Aspects/ Availability of labour: xiii) Marketing (Mention separately for each product) i) Name of the major customers: ii) Region / areas where the product is / will be sold: iii) No. of units engaged in similar line in the area xiv) How does the unit propose to meet the competition (Comment on the competitive advantages enjoyed by the unit) i) In price and quality, how does the unit's products compare with those of its competitors ii) Is the unit selling direct to its customers? If so, please furnish details like sales force, showrooms, depots etc. iii) If a selling / distributing agency has been appointed its name, period of contract, commission payable, period by which the bills will be paid: 356

4 2B) Applicable only for units falling under A Professional & Self Employed@ Category: (Otherwise this part need not be completed) i) Profession / nature of qualification of applicant: ii) Past experience: iii)date/ Year of setting up of the profession/ business: iv) Factors that have contributed to the success of the unit: v) Income & Expenditure During the previous year Projected, after availing the financial assistance Average monthly income Average monthly expenditure Net surplus, after Tax Basis for anticipation of the projected income level as above: Comments on the inputs required for providing the services & availability of such inputs etc: 357

5 2C) Applicable only for units falling under A Small Business / Retail Category: (Otherwise this part need not be completed) i) Brief Description of the goods traded/ services provided by the enterprise: a) Existing : b) Proposed: ii) Sources/ major suppliers of the commodities/inputs: iii) Will the applicant be able to route his trade/ service proceeds through the bank account: iv) Details of the market available for the goods traded/ services envisaged and comments on the competitors in the field: v) No. of units engaged in similar activity in the locality: vi) How will the competition be met successfully? vii) Projected Turnover Average level of stocking required at any time Average level of debtors outstanding at any time Average level of creditors outstanding at any time viii) Number of persons employed: In terms of value (Rs) Presently employed (Existing unit only) In terms of No. of months sale purchases Proposed to be employed 358

6 2 D) Applicable only for units falling under A Small Road and Water transport Category: (Otherwise this part need not be completed) i) Purpose of Loan Purchase of brand new four wheeler [ ] Purchase of brand new two/three wheeler [ ] Purchase of new water transport [ ] Purchase of second hand four wheeler [ ] Personal /Private use [ ] Business/Commercial use [ ] Transport /Public use [ ] ii)vehicle Type iii) Name & Address of Dealer/ seller: Whether Due diligence report of the dealer is enclosed : Yes [ ] No [ ] iv)additional Details in Case of Second Hand Vehicle: Name of the Valuer / Dealer Whether he is approved one Mr/Ms. Yes [ ] No [ ] Date of Valuation report : Date of first registration Age of Vehicle Registration No Engine No No Chassis Future life of Vehicle Value...Yrs...Yrs Rs... v)computation of Income ( Rupees/ month): 1. Income ( as per Salary slip/it returns/balance Sheet/Revenue Certificate etc, ) Rs. 2. Any other regular & verifiable income Rs. 3. Depreciation /cash accruals if any Rs. 4. Gross Total Income (1+2+3) Rs. 5. Statutory /Compulsory deductions ( Income Tax/Prof Tax/PF/SSS/LIC direct payment etc) Rs. 6. Net Income ( 4-5) Rs % OR 60% OR 70% OR.% of net income (item no.6) as the case may be 8. Deductions ( EMI / Notional interest if any) towards existing loans. Rs. Rs. 9. Net income available for repayment of proposed vehicle loan ( item no. 7& 8) Rs. 359

7 i) DETAILS OF PROJECT COST (A) FOR PURCHASE OF NEW VEHICLE 1) Cost of the vehicle 2) Add: Accessories 3) Add: Taxes 4) Add: Insurance 5) Add: Registration Charges 6) Add: Other Charges if any 7)Add:Body Building Charges Total cost (Total of 1 to 7) (B) PURCHASE OF SECOND HAND VEHICLE Sale price of the vehicle (As per sale agreement ) Present market value of the vehicle. ( As per Valuation Report). C. MARGIN. D. LOAN AMOUNT REQUIRED. vii) ADDITIONAL DETAILS REQUIRED IN CASE OF TRANSPORT/COMMERCIAL VEHICLES Previous experience if any...years Fuel cost per month Whether owner is the driver? Yes[ ] No[ ] (3x6) divided by (7) (08) Number of staff employed per vehicle... Motor & other taxes. (09) Monthly family expenses.. Vehicle Insurance premium. (10) Capacity of vehicle (persons/load) Route /area of operation of vehicle Whether permit is obtained? No. of days vehicle runs per month (1) Number of Kms runs per day. (2) Total Kilometers the vehicle- - runs per month (1x2 ) (3) Fare/rate per Kilometer. (4) Total monthly Income (3x4) i (5) Cost of fuel per litre (6) Vehicle mileage per litre (7) Yes[ ] No[ ]...Days...Kms...Kms......Kms Garage Rent. (11) Maintenance expenses. (12) Cost of oil,spare, consumable (13) Staff salary (14) Interest on proposed loan. (15) Depreciation. (16) Income Tax if any (17) Other expenses if any (18) Drawings of the owner (19) Total monthly costs (8 to 19) (20) Net surplus (5-20) (21) Depreciation added back (16) (22) Interest added back (15) (23) Net cash accruals ( ) (24) iin case of vehicle is used for own commercial/business use, hire charges saved by the owner may be shown Monthly repayment obligation for proposed Bank loan. (25)... Net Cash accruals ( as arrived at Sl.No 24 above) (26)... Debt Service Coverage Ratio (DSCR = 26 divided by 25) (27)

8 3. About financial indicators: * ( Rs. in lacs) Turnover and profitability: Sales/ Total income % Growth Net Profit % Growth Comments on Turnover & Profitability: Actuals last year Est. for current yr Proj. For next yr Assessment of Term Loan: * ( Rs. in lacs) Cost of the Project: Means of Finance: Equipments Others Margin contribution by applicant Unsecured loan from promoters Years Cash Accruals: Net profit after Tax Add Depreciation Add Int. on borrowings Total ( a ) Repayment obligation: Towards existing TL/ Lease rentals Towards proposed TL Total Subsidy Term loan from Bank Total 5. Permissible Term Loan: * ( Rs. in lacs) Particulars Cost Margin Permissible T.L. Equipments Others Total 6. Assessment of Repayment capacity ( for Term Loan):* ( Rs. in lacs) 361

9 Interest on Term borrowings Total ( b ) DSC ratio ( a: b) Average DSCR and comments: 7. Computation of MPBF ( for working capital):* ( Rs. in lacs) 1 Turnover during the last year ( Actuals ) 2 Turnover during the current year Break up: i) Actuals for the completed months Rs... ii )Estimate for the remaining months Rs... 3 Projected turnover for next year ( Projected ) 4 If the turnover projected is reasonable, indicate the assumptions based on which the projections have been worked out. 5 If the projection is not reasonable, indicate the revised projected turnover 6 Justifications for revising the projected turnover 7a) Eligible Amount of Working Capital ( 20% of the projected turnover as indicated in item No. 3 or 5 as the case may be.) b) Working Capital required / Applied for c) Working Capital recommended [ 7 (a) or (b) whichever is less] * Note: These items are not applicable to SRTOs 8) Rating of the Customer 9) Value of the Account / Income 362

10 10) Modification/ Deviations in Scheme guidelines, if any. 11) Limits Recommended /Sanctioned: i) Nature of Facility Proposed Limit (Rs. in Lakhs) Repayment Margin Rate of Interest Security ii) Other Conditions: iii) Guarantor/s: 12] Whether the loan is eligible for CGTMSE cover? ( If No, indicate the reasons) 13] Recommendations of the Processing Officer /Manager: Date: Place: Signature of the Officer / Manager 14] Orders of the Sanctioning Authority Date: Place: Sanctioning Authority Time schedule for Disposal of Application: 1. Date of receipt of application : 2. Date of sanction / rejection : 3. In case of rejection : a) Date of reference to higher authority : b) Date of conveying / confirming decision by higher authority c) Date of conveying decision to the : applicant by the branch d) Reason for rejection / delay : 363