Form-I

ANDHRA BANK
(A Govt. of India Undertaking)
___Heir (1958)__ Branch
SMALL SCALE INDUSTRIES.
APPLICATION FORM FOR CREDIT FACILITIES UPTO Rs. 10 LAKHS.
1.

Name of the Unit

(Indicate Constitution) Proprietary/
Partnership / Co-operative society

: M/s Crystal Motors Prop Gurdev Singh

2.

Registration No.
(as given by the District Industries
Centre/Directorate of Industries )

3.

Business Address

: Nava Adda Rajasansi Ajnala Road Amritsar

Residential Address

Tin No 03322028729

: Ward No 13 Village Rajasani Ajnala Road Amritsar

4. Background (To be filled up for each individual)

4.1 Proprietor / Partners
Name
Mr Gurdev Singh

Fathers/Husbands
Name
Mr Mohan Singh

4.2 Whether the applicant belongs

to Scheduled Caste/tribe/Minority
Community.
4.3 Whether the applicant belongs
to Ex-Service man

Yes Sikh

NO

4.4 Present Annual Income of the Family,

With brief details of the sources
(Indicate farm income & Non-far income
Separately.

Age
45

Sex
Male

8.25 lakhs

Form-I

101

5.

Size of the Applicants Family

Adult:
1

6.
7.

8.
9.

Please furnish Ration Card No.

Name of the Issuing Office

Own House and agriculture land

Cost of the Project

Rs :

Fixed Assets

Rs :

Current Assets

Rs :

Total

N/a

Size and Particulars of land holdings, if any, in

the name of the applicant or family members :
Minimum amount required per month
for family maintenance

Children :

Rs 30,000
N/a , working capital limit

Rs.

10. Brief Description of the

Industrial Activity

We are running the unit from last 10 years of selling the bajaj bikes being purchased from M/s
doaba autos Amritsar . further to it we also provide repair facility and also finance facility in
collaboration with bajaj finance through which commission is being earned on each case being
referred
10.1 Existing
:
Existing unit is in place from last 10 years with availability of all in shop facility for sale of bikes
and repair of the same
10.2 Proposed
:
We have proposed to set up new unit just opposite the existing unit , which will be owned
by us and also increasing our capacity
11.1 Number of Persons Presently
Employed.
:
3 repair work
3 office boy
1 ladies cashier
11.2 Number of Persons proposed to be
employed.
We are planning to add 2 more people as we will have more space in the new unit
12. How the Activity was financed so far
Since inception unit is being financed by own funds only , presently capital invested in more
than 50 lakhs

102

13.

Raw Materials required (quantity)

And sources of supply

All genuine parts are being purchased directly from the company only and motorcycles and other
are being sourced from M/s Doaba Motors Pvt Ltd Amritsar
14. Location of the Market for the Products

Our unit is located on the main road on rajasansi , there is no bajaj agency neary till ajnala ,
which in context we have more than 15 villages under our service to serve the costumer better
15. Financial Position
Particulars
Turnover
Raw Material
Purchases
Other Expenses
Profit

2014

2015

4.71

90.80

December Provisional
2015
163.41
-

3.49

102.89

187.17

3.40

5.95

4.10

4.93

4.50

4.48

(Indicate the assumptions based on which the above figures have been worked out) . we
16. Purpose of the new loan
A new unit is to be constructed by us just opposite the existing unit , amount will be used to
further enhance the unit and setting up the new unit
Applicant present means of business is

: sale of motorcycle and commission

Form-I

17.

Amount of loan required

: 1000000.00

18.

Means of Financing(fig in lackh)

18.1 Promoter's contribution

25.00

18.2 Subsidy

Nil

103

18.3 Seed Capital

10.00

18.4 Loan (working capital/ Term loan)

nil

19. Declaration - I :
I/ we declare that the following concessions were given by the Bank in case of our account / proprietor
/partners /directors / guarantors/ co-obligants / group accounts:
Names of
accounts

Relationship with
the borrowal
accounts

Nature of Concession
Details of
Amount of
concession
concession

Period during
which concession
was given

Reasons for
such
concessions

Declaration - II :
"
I/we hereby agree as a precondition of the loan / advance given to me / us by the bank that in
case I /we commit default in the repayment of the loan / advance or in the repayment of interest thereon
or any of the agreed instalment of the loan on due date/s, the bank and /or the Reserve Bank of India will
have an unqualified right to disclose or publish my/our name or the name of our company /firm/ unit and
its directors/partners/proprietors as defaulter in such manner and through such medium as the bank or
Reserve Bank of India in their absolute discretion may think fit."
I/we certify that all information furnished by me /us is true; that I /we have no borrowing
arrangements for the unit with any bank except as indicated in this application; that there is no overdue/
statutory dues against me / us except as indicated in this application; that no legal action has been / is
being taken against me / us that I/We
Form-I

shall furnish all other information that may be required by you in connection with my / our application;
that this may also be exchanged by you with any agency you deem fit, and you , your representatives /
Reserve Bank of India / National Bank for Agriculture and Rural Development / Small Industries
Development of Bank of India / Deposit Insurance and Credit Guarantee Corporation, CGTSI or any
other agency as authorised by you, may, at nay time, inspect / verify my /our assets , books of accounts ,
etc. in our factory / business premises as given above.

104

Date:
Place:
(Affix a photo in case
of thumb impression)

Signature / Thumb impression of the borrower

Enclosures:
1.

Balance sheet for the last three years along with provisional balance sheet in case the latest
balance sheet is more than six months old. and estimates and projections for the current and
projection for the next year.

2.

Copy of partnership deed in case of partnership firm

3.

Copies of sales tax assessment orders for the last three years.

4.

Income assessment order of the firm / proprietor or partner(s) for the last three years.

5.

Copies of statutory approvals / licences /permissions e.g. electricity permission, pollution

permission etc..

6.

Property statements of the proprietor / partners / co-obligants / guarantors as the case may be.

7.

In case of term loans copies of quotations for machinery, estimates for civil construction.

8.

SSI Registration Certificate.

105

control

Form-I

ANDHRA BANK
(A Govt. of India Undertaking)
Heir Branch

ACKNOWLEDGEMENT

BRANCH LOAN REGISTER Sl. NO.

DATE

We acknowledge the receipt of SSI Loan application for sanction of credit facilities from
M/s/Mr/Ms
Address

Branch Seal

Signature of the
Branch Manager

106

Form-I

Fair Practices

Information to be furnished by branch

Processing Charges Payable

Processing charges payable while
submitting application
Processing Fee refundable in case
of non acceptance of application
Prepayment Charges
Rate of interest :
Fixed/ Floating
Manner of charging interest :
Monthly /quarterly / Half yearly /
yearly interest
Inspection Charges
Folio Charges
Penal rate of interest for
Non Renewal of limits non / delayed
submission of stock statements etc.

107

Andhra Bank
(A Govt. of India Undertaking)
_Heir( 1958_ Branch

Appraisal form for credit limits upto Rs.10 lacs for SSI accounts
Branch: Heir(1958)

Date of Receipt at branch:16-03-2016

Zone: Ludhiana

Date of sanction:

Name of The Applicant

:M/s Crystal Motors Prop Gurdev Singh

Office Address

: Airport Road Rajasani Amritsar Punjab

Residence Address

: ward no 13 rajasansi Airport Road Amritsar Punjab

Constitution

: Prop Gurdev Singh S/o Mohan Singh

Activity

: Baja Motorcycle Agency

1. Details of existing and proposed limits with our Bank:

Sanction reference (for existing limits) :
(Rs. in lacs)
Facility

Existing
Limit

Outstanding
as on

DP

OD

Proposed
limits

Secured
overdraft

Nil

Nil

10.00

Total Fund Based

Non Fund
Based
Grand Total

Nil

Nil

10.00

Rate of interest
Existing
Proposed
Nil
Base
rate
+2.5%=12.25

NIL

Base
Rate
+2.50=12.25%

Exposure:
Ceilings as per
RBI norms
To the unit
To the Group

*Constitution wise ceiling as per

bank policy
10.23*10=102.30

(Rs. in lacs)
**Our Bank's exposure
Existing
Proposed
NIL
10.00
NIL
N/A

* Ceiling as applicable to Individuals, Proprietorship / HUF Trusts / Co-operative Societies / Association of persons /
Pvt. Ltd. Companies/ Public Ltd. Companies etc.
** Term loans out standings + 100% of fund based working capital limits or out standings whichever is higher +
100% of non fund based limits or outstanding which ever is higher.

108

2. Credit facilities enjoyed by sister/Associate concerns with us and others:

Name of Sister
Concern

Names of Partners/
Directors

Names of the financial

Institution/ Bank

Asset Classification
Facility

Limit

Outstanding

NOT Applicable

s
3. Financial Position / performance of the unit :
( Rs. lacs)

Paid up capital

31.03.14
Actuals
24.49

31.03.15
Actuals
28.70

31.12.15
Provisional
28.70

Tangible Net Worth

paid up capital + free reserves - (intangible
assets like preliminary expenses, good will,
patents etc.)
Term liabilities

3.86

4.80

28.62

Current assets

24.4

27.65

57.42

Fixed assets

2.46

2.27

1.78

Total

26.76

33.51

59.42

Sales

4.71

90.80

166.74

Other income

8.38

7.66

5.91

Profit before tax

4.93

4..50

4.48

Profit after tax

4.93

4.50

4.48

Depreciation

0.40

0.39

0.23

Cash Generation

5.33

4.89

4.71

Current ratio - (minimum 1.15)

(Current assets / Current liabilities)
Total Debt equity ratio(maximum 6)
(TOL/TNW)
Debt Equity ratio

6.32

5.76

2.00

0.20

0.15

0.92

Net working capital

(current assets - current liabilities)

20.54

22.85

28.8

Current liabilities
of which Bank borrowings
Total

Non current assets

109

4.

Comments on the following parameters with reasons for variation and justification for improvement

Gross Sales turnover

Sales had increased over the years as now he purchases bikes directly
from doaba mototrs and sell in market , there By increasing his Stream of
revenue

Net profit

Had remained steady over the year but will fall in present year
As interest outgo to bank

Tangible Net worth

As grown as most of the profit from the business had being retained over
the years in the business

Current Ratio

Had improved over the years as sundry creditors had fallen

Total debt equity ratio

Had remained steady but will rise from present year as CC limit has being
taken

Net working capital

5.

Has increased as applicant had to purchase the product .ie bikes rather than
just being the agent

Comments on operations and conduct of the account :

(Minimum and Maximum balances, debit and credit summations, income earned in the account, excess
drawings over and above DP or limit reporting the same in ADA IX and ADA X, no of LCs/BGs opened,
commission earned, repayments in term loan, over dues if any etc.)
(Amount Rupees in lacs)
Operations in the account
OCC
KCC
PC
Total
Limit

1.00

1.00

Debit Summations
Credit Summations
Comments : (whether sales turnover is reflected in credit summations, if not reasons)
Outstandings :
OCC
Month
April
Maximum
Minimum

May

June

July

Aug

(Amount Rupees in lacs)

Sep
Oct
Nov
Dec

Jan

Feb

Mar

New
Acco
unt

KCC
Maximum
Minimum
PC
Maximum
Minimum
Whether excess drawings allowed in the account during the above review period are reported in ADA IX and ADA
X and confirmations is sought from higher authorities, wherever required :

110

Bills

No.

Purchased/
discounted
Returned unpaid
Overdue Bills

Bank Guarantee

Amount (Rupees in
lacs)
Nil

No.

Amount (Rupees in
lacs)

Issued during the year

Amount (Rupees in
lacs)

Invoked BGs if any

No.

Amount
(Rupees in lacs)

Nil

List of outstanding Bank Guarantees :

S. No.
B.G.No.
Date

Instalments to be
paid during the year

Favouring
Nil

OCC

Amount

Instalments paid
during the year

Value of account:
Income earned in the account
Facility

No.

Devolved during the year

BGs issued during

the year

Term loans

LCs

Due Date

Overdue
instalments

Overdue
amount

Remarks

Due date of
next
instalment

(Amount Rupees in lacs)

KCC

Interest

BILLS

TLs

LC

BG

Total

Nil

Commission
Exchange

6. Inspection of the unit (Dates of inspection and the person inspecting the unit) and rectification of irregularities
thereon including annual inspection:
Inspection Comments

Rectification

RBI Inspection:

111

Internal Inspection:

Our officer had visited his area of operation and meet is ca

also in context of his limit , from all the above sorces we
have received positive review

Pre-sanction unit inspection

Applicant is in business of motorcycle sales from last 15

years , earlier had unit in ajnala and now he is setting his
new unit just opposite the existing unit in rajasansi which is
rented herewith . there is sufficient stock being available
and he is also maintain a account with our from last 2 years

7. Assessment of limits:
7.a Term Loan: (Cost of the Project , means of finance, term loan eligibility, Debt Equity, Average DSCR for the
repayment period)

DSCR :
Net profit + Depreciation + Interest on Term Loan
Interest on Term Loan + Instalment of Term Loan
(Acceptable level Average DSCR 1.5 to 2)

N/a

7.b Cash Credit :

Comments on Projected Sales : in view of growth of sales over the years being consistant with the previous
year
2015
a.
b.
c.
d.
e.
f
g
h.

Sales turnover Estimated/projected ()

25% of sales turnover
5% of sales turnover projected as margin
Actual NWC. existing (current assets -current liabilities)
b-c
b-d
MPBF (e or f) which ever is less
c-d additional margin to be brought in

7.c Non fund based limits:

(Assessment to be made as per circular no. 083 ref. 16/4 dt.26.06.1995)

112

166.65
41.66
8.33
22.85
33.32
18.81
18.81

2016
(Rs. in lacs)
185.00
46.25
9.25
24.60
37
21.65
21.65

Nil

Capital Gearing
Ratio
(maximum 10)

*Current liabilities + Term liabilities- +100% of non fund based limits

***Net worth - ( **Non current assets + investments in associate concerns )
*Excluding Sundry creditors representing stocks procured under LC/BG and mobilisation
advance outstanding against BGs. **excluding advances given for capital goods for
business purpose. *** excluding Intangible Assets.

8. Details primary and collateral security and date of valuation and due date of insurance:

1)Primary security: Stock in trade

2) Collateral Security Nil (to be covered under Pardan Matri Mudra Yogna )

9. Coobligation, Guarantors and their worth : Nil to be covered under Pardan Matri Mudra Yogna
10. Comments of appraising officer : Applicant is in business of motorcycle with sub agency from Bajaj
Motors from last 10 years , he is maintain a premium emrald current account from last 2 years with our
branch , his daily transaction ranges from 1-2 lakhs . along with motorcycle selling , he is also engaged in
spare parts and repair work of the bikes which also fetches him sufficient revenue . along with that he also
receive commission from the bajaj finance for referring business to him for finance case . he also has
agriculture income of Rs 4.50 lakhs every year.

Ganesh Shaker Gautam

Assiatmt Manager
(Name, Designation & Signature of appraising officer)
11. It is hereby recommended for sanction of working capital limit in tune to 10.00 Lakh and all policy
guidelines are to be followed in ToTo for the sanction of the limit
Specific Recommendations :
Being our existing costumer and the good local standing it is hereby sanctioned working capital limit for Rs 10.00
Lakhs under Pardan mantra mudra yogna
Vishal kapoor(29260)
Branch Manager
Heir(1958)
(Name, Designation and Signature of the sanctioning authority)

113