AMERISAFE BUSINESS SOLUTIONS PVT. LTD. Disclaimer Amerisafe is just a financial Advisory institution which is being involved to advice finance subject. It is involve preparing advisory report and project report and on behalf of the prosperous applicants and all kinds of loans, as per the procedural requirements of NBFC'S Public Financial Institutions etc, is respect of Amerisafe Charges consultancy fee that is being denoted as processing fee. Amerisafe is just a third party to provide better financial communication between client and NBFC'S other financial institution etc. HOME LOAN BUSINESS LOAN PROJECT LOAN PERSONAL LOAN HOSPITAL PROJECT LOAN ITR LOAN PLOAT LOAN LAND LOAN CONSTRUCTION LOAN PLANT AND MACHINARY LOAN MEDICAL EQUIPMENT LOAN Required Documents LOAN AGAINST PROPERTY List of Documents for Salaried Individuals KYC Documents Salary slip for the last 2 months / Salary Certificate (If variable components like Over Time and Incentives are reflected then salary slips for the past 6 months are required) Latest Form 16 if salary above `20000/- per month Copy of all bank pass books / bank statements for the past 3 months including front page Company profile if it is a lesser known organization List of Documents required for Self Employed Businessmen KYC Documents Copy of last 2 years Income Tax Returns of the applicant along with computation of income duly attested by a Chartered Accountant Copy of last 2 Years Balance Sheet and Profit & Loss Account of the firm duly attested by a Chartered Accountant Brief Business Profile on the Letter Head of the firm by the applicant Bank Statement for the last 6 months for the Savings Account & Current Account, O/D Account Copy of either Shop & Establishment License / VAT Registration or any other mandatory license / registration or old ITRs evidencing business Copy of the Partnership Deed, Memorandum of Associations, Articles of Association (if applicable) Copy of Tax Deduction Certificate / Form 16A (if applicable) Details of Contract (if applicable) Copy of Advance Tax paid / Self Assessment Tax paid challan PAGE 1 OF 7
Required Documents List of Documents required for Self Employed Professionals KYC Documents Copy of last 2 years Income Tax Returns of the applicant along with computation of income duly attested by a Chartered Accountant Copy of last 2 Years Balance Sheet and Profit & Loss Account of the firm duly attested by a Chartered Accountant Brief Business Profile on the letter head of the firm by the applicant Bank Statement for the last 6 months for the Savings Account & Current Account, O/D Account Copy of either Shop & Establishment License / VAT Registration or any other mandatory license / registration Copy of the Partnership Deed, Memorandum of Associations, Articles of Association (if applicable) Copy of Tax Deduction Certificate / Form 16A (if applicable) Details of Contract (if applicable) Copy of Advance Tax paid / Self Assessment Tax paid challan Copy of Educational Qualification Certificate Copy of Professional Practice Certificate Salary Certificate (in case of doctors having salaried income) List of Documents required for Non Resident Indians KYC Documents Salary Certificate from the employer mentioning the name as in passport, date of joining, passport number, designation and latest salary and perquisites, in English. Salary slips for the last 3 months / Salary Certificate (If variable components like overtime & incentives are reflected, then 6 months salary pay slips are required) Latest Income Tax Returns (if applicant files IT returns in India). For Self Employed Individuals, documents evidencing currently in business like Trade License, Registered Power of Attorney or agreement with sponsor, etc. Passport copy with valid residence visa page. Work Permit/ Labor contract copy / Photocopy of Identity card or any other proof of work / employment issued by concerned Government authorities. Property related documents, detailed cost estimates from an Architect/ Engineer (from India). Processing fee cheque drawn on applicant s bank in India or draft payable at the place where the application will be processed. The income documents for salaried should be attested by the embassy official if documentary evidence like bank statement for credit salary or frequent remittance of fund to India is not available. Copy of all overseas bank statements for the last 6 months, if any Copy of NRE / NRO bank statement of the last 6 monthspower of Attorney (POA) if applicant is not available in India for signing of documents in Amerisafe format. Copy of Continuous Discharge Certificates List of Documents needed for KYC compliance National Housing Bank (NHB) had introduced Know Your Customer (KYC) Guidelines for Housing Finance Companies. We request you to co-operate with us in complying with these guidelines. Photo Id Proof(any one required) PAN Card Passport Voters ID Card Driving License Residence Proof (any one required) Electricity Bill Telephone Bill Ration Card Letter from Employer Bank Statement / Pass book with address PAGE 2 OF 7
Required Documents List of Documents required for Proprietorship KYC Documents of promoter and co-applicants Shop and establishment certificate/vat/sales Tax Registration Certificate PAN Card Last 2 years financials with audit report Last 6 months Bank statement of all bank accounts Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Property Documents in case of Property Term Loans List of Documents required for Partnership Firms Registered partnership deed KYC of partners PAN Card of firm and partners Shop and establishment / VAT/ Sales Tax Registration Certificate Last 2 years financials with audit report Last 6 months Bank statement of all bank accounts Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Property Documents in case of Property Term Loans List of Documents required for Companies Memorandum of Association(MOA) / Articles of Association(AOA) Latest shareholding pattern KYC of Directors PAN Card of the entity and Directors Last 2 years financials with audit report Last 6 months Bank statement of all bank accounts Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Property Documents in case of Property Term Loans List of Documents required for Listed Companies Memorandum of Association(MOA) / Articles of Association(AOA) Latest shareholding pattern KYC of Directors PAN Card of the Company and Directors Last 2 years financials with audit report Last 6 months Bank statement of all bank accounts Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any Proforma invoice of machinery, in case of Plant & Machinery Loans Property Documents in case of Property Term Loans Declaration that borrower, Company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI/ RBI. Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956. PAGE 3 OF 7
LOAN SERVICES Personal & Business Loan will provide only for 10 years. Period of loan allowed up to a maximum of 20 years only loan against property and project loan. Processing fees is required to be paid by the borrower after issuing offer of approval of loan only through DD in Favor of AMERISAFE BUSINESS SOLUTIONS PVT. LTD. Payable at Gurugram. All type of properties acceptable anywhere in India. Minimum period of loan is 1 year. Loan process and disbursement both take about 15-30 days. File charge will not be Refundable after received Letter. Further it may please be noted that in case the applicant is not able to fulfill at the requirements of the company within the stipulated period, company may considered you loan case as rejected and process fees is non-refundable. Due to fault of Lone in any event process fee deposited by him will not be refunded in any circumstances. Documentation should be completed within 20 days from the date of issue of approval letter otherwise the company will be bound to cancel the loan. Govt. Valuation report of Property from Tehsil. Period of loan allowed up to a maximum of 20 years only loan against property and projection. Photocopies of Property Documents. Owner s residential proof (Ration Card / Electric Bill / Passport / House tax ) Four latest passport size photographs. Other s property related documents are required to be submitted by lone after our search of the property papers with the concerned authorities. FOR AGENT Application with Bio-Date Police Verification Report Education Qualification Proof Residence Proof I.D. Proof Three Passport size Photographs During the time of agreement Agent will deposit Rs. 20,000/- (Twenty thousand only) through by DD or Chaque as security money in favors of Amerisafe Business Solutions Pvt Ltd. Payable at Gurugram. *Above Men oned Terms & Condi ons may change from me to as per firm/ company without any prior no ce. PAGE 4 OF 7
TERMS AND CONDITIONS Application with Bio Date Any Person having minimum qualification 12th can apply for Agent Person having office space minimum 200 sqr. ft. Agent will provide fresh loan cases and the cases will process on priority basis on the required documents. Agent will work only for company, if found works for another company then his/her Agent will be cancelled on a single notice. Agent will forward applications duly signed by applicants after filling all columns with required information along with the documentary evidences and photographs of the applicants & guarantor. Agent will collect the loan applications of the interested parties after giving full details and deliver to the company immediately. After carry on thorough verification of the applicants, guarantor s property loan will be provided for security of loan. To ensure regular payment of installments in the accounts introduced by applicant and timely deposition of post dated chaques. To ensure recovery in the event of default/non payment. To provide business to the company with minimum target 10 to 100 files per month. Agent have no right to violate existing terms & conditions of the company for granting of loan etc. on behalf of the company. He will not collect any type of cash from the application other them commission provided by company. The agreement Agent will be force for the period 3 months, Agreement copy will be provided only after receiving of Police verification report at least from concern Police station. If at any time, Agent is found violating the terms & conditions of the agreement, or is not able to achieve the set targets, then his/her Agent may be terminated, after such termination the Agent are not entitled to process further loan applications on behalf of Amerisafe Business Solutions Pvt. Ltd. Agent will neither applied for loan not he will give guarantee in any case. GUARANTOR INFORMATION Only 50% of net salary of Government Guarantor can be treated as EMI. Net salary of Government Guarantor must be doubled from the EMI of loanee, if salary of Government Guarantor is less than double, then amount will be reduced. 3 months pay slip/ Bank pass book photocopy. H.O.D & salary in charge signature along with his/her stamp on official undertaking Bond page no. X2 is a compulsory. One photograph of each family member (above 18 years)(only in case of private limited guarantor). Advance EMI installment will be recovered from all the applicants/loanee, if applicant depositing their E.M.I without bouncing till completion of Loan. On demand, company can provide loan equal to double in future in case a single bouncing, this facility wil I not b applicable then. Company will accept only those applicant & Guarantor whose age should be 18 to 60 years.
PRIMARY TERMS AND CONDITIONS : A To know and use to be fulfilled by the Applicant Repayment of Loan will be on monthly installment bases along with interest. Tenure of repayments will be minimum one year and maximum twenty years. Loan may be given to any person working in State/ Central Governments within India. Loan may be given to Government employee working in State/ Central Government few Departments within India. If the full an final repayment of the Loan amount is made before the stipulated period then applicant may get relaxation on interest. File charge and expenditure regarding property verification, Mortgage deed, registration, Verification, Guaranty deed registration, Guarantor Verification, Agent Commission etc. will be bear by the applicant. After considering all the facts and aspects of the loan application, applicant will be intimated in due course of time regarding approval of loan by the financial firm/ Company. After submitting all papers and completing all formalities as per firms/ Company s requirement by the applicant, the financial Firm/ company will disburse the loan within one week through Chaque or Bank Draft. Agents responsibility will be to work as a mediator till the loan is approved and collect all the papers related to loan, Guarantors paper etc. an submit the same to financial Firm/ Company. Moreover, the agent has no authority or responsibilities in disbursing the loan to any applicant. If the applicant cannot submit necessary papers (related to loan) Guaranty Bond (To be prepared by Guarantor) within the stipulated period of time, papers found falls or incomplete Applicant / Guarantor s H.O.D/ Salary In-Charge refuse the official undertaking then financial Firm/ Company will accept that applicant has failed to fulfill all the formalities of the financial Firm/Company. In these circumstance financial Firm/ Company will have a total right to reject the loan case of this particular applicant. In the event of rejected loan case, the applicant will have no right to ask/ claim for refund of deposited processing fees etc. (processing fees etc is non-refundable to applicant). I applicant have read out the loan application form and understood each and every facts. In my full concise without any pressure and without taking any type of alcoholic / in toxicities substances. Hence I do accept the written conditions of application form as this application form carries only the primary conditions related to loan. So any other condition applicable related to loan after verification will also be acceptable to me. Process fees will be acceptable only by Bank Draft or NEFT / RTGS Any disputes Arise will under the jurisdiction of GURUGRAM Civil Court Only. PRIMARY TERMS AND CONDITIONS : B Map of Property (Government Authority) Solvency Certificate(FromS.D.M.) Fitness Certificate Issued by any Govt. Doctor Business Project Report Ownership Papers in Case of Owner of shop Fund Availability for the Project (With Proof) Sales Tax Registration Certificate / Services Tax No Dues Certificate? Valuation Report of Tehsildar Character Certificate (From SDM / DM) Rent Agreement/ Rent Receipt of Shop Two Photograph of Existing Shop (Post Card Size) Ownership Proof of Property *Guarantee bond attached by Sub Rajistar & theseeldar
Amerisafe Business Solutions Pvt. Ltd. REGISTERED OFFICE Unit no. 108, 1st Floor, Vipul Agora, MG Road Gurugram 122002 Haryana. TOLL-FREE 1800-212-4840 EMAIL`S info@amerisafe.in, loan@amerisafe.in, hr@amerisafe.in, customercare@amerisafe.in WEBSITE www.amerisafe.in