Your Own Bank

Appraisal Note for fresh/renewal /enhancement of MSME Loans of

less than Rs. 100 lakhs (total limit) – Other than MUDRA Loans

Processing Branch / MSME CPU / Zone BERRHAMPUR Date

Name of Spoke Branch
Date of receipt of proposal at
Spoke Branch
Loan tracking
PHULBANI
No.
Date of receipt of Date of receipt of Date of submission to
proposal at CPU / Zone clarification ZO, if applicable

M/S RABI TRACTORS & MOTORS PROP:

Name of the Borrower
SMARITA PATRA
ZED Rating of the borrower
PAN DAKPP9703C
UDYOG AADHAAR Registration No.
G S T No. 21DAKPP9703C1ZV
Date of incorporation 07.03.2017
Constitution: INDIVIDUAL
CIN / Partnership Firm Registration No. N.A
Address / Location of the unit: AT: BACK SIDE OF HEAD POSTOFFICE, NEAR
Registered Office UNION BANK OF INDIA, PHULBANI-
KANDHAMAL MAIN ROAD, PHULBANI, DIST –
KANDHAMAL - 762001
N.A
Factory

Sector Micro: Services

Sub Sector:
IB Code :
Line of activity AUTHORIZED DEALER FOR SALES AND
SERVICES OF SONALIKA INTERNATIONAL
RANGE OF TRACOTORS AND THEIR GENUINE
SPARE PARTS.
Customer since: NEW ENTRY
Chief Promoter / Executive SMARITA PATRA
A) Fresh proposal of Working Capital limit of
Purpose
Rs 35.00 lakhs
Financing pattern OCC
Advance falls under the powers of ZLCC
Date of last sanction / review & by NIL
Date of first sanction & by
Current Year :
Rating / Entry Level Score
Previous Year :
Asset classification as on ____________
Latest Unit Visit / Inspection details Visited by Siddharth Nayak, Branch Manager
on 20.05.2020

Observations of visiting officials:

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

I. Individual / Group Exposure: (Rs. in Lakhs)

Particulars Existing Limits Proposed Limits
FB NFB FB NFB
Borrower Working capital 0 0 30.00 0
Term Loan / DPG 0 0 0 0
Investments 0 0 0 0
Overseas Exposure 0 0 0 0
LC at Sight (sub-limit) 0 0 0 0
Total 0 0 30.00 0
Exposure as per prudential Norms
Group Working capital 60.00 0
Term Loan / DPG 0 0
Investments 0 0
Overseas Exposure 0 0
LC at Sight (sub-limit) 0 0
Total 60.00 0
Exposure as per prudential Norms

II. Working for group exposure:

(Rs. in lakhs)
  Existing Limits Proposed Limits
 Accounts FB- WC FB-TL NFB Total FB-WC FB-TL NFB Total
60.00 0 0 60.00 30.00 0 0 30.00

III. Share holding Pattern

Share Holding Name of Shareholder % Holding
pattern
(as on last financial Mrs. Smarita Patra 100%
year ended date):
Detailed
Shareholding of 5%
and above to be
furnished.
Others to be grouped
Total 100%
and furnished

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

IV. Details of Proprietor / Partners / Directors:

Net-
worth
S. as on Aadha
Name Designation DOB DIN PAN Address
No ________ r No.
(Rs. In
lakhs)
SANTI NAGAR,
PEONPADA,
3892-
Mrs. Smarita PHULBANI,
1 OWNER 01.07.1982 DAKPP9703C 7624-
Patra KANDHAMAL,
9183
ODISHA -
762001

V. Details of Guarantors:
Net-
worth
Pass
S. as on
Name Designation DOB DIN PAN port Address
No ________
No.
(Rs. In
lakhs)
SANTI NAGAR,
PEONPADA,
Mr. Kalu PHULBANI,
1
Charan Patra KANDHAMAL,
ODISHA -
762001

Whether
i) the proprietor / partner (s) / Director (s) / guarantor (s) is / are director
NO
who is/are having any relationship with any senior officials (scale IV &
above) of our Bank our Bank / other public / private sector banks?
ii) or related to Director(s) of our Bank/ other banks: No NO

VI. Defaulters list:

The following latest defaulters list verified against the DIN / PAN of Directors / Guarantors and
certified regarding the appearance / non appearance of the names in the lists.
Sl. Report as
Details Source Verified on
No. on
CIC Defaulters List – Non Suit filed
1 CIC
( Rs. 1 Cr and above )
CIC Wilful Defaulters list – Non Suit Filed
2 CIC
( Rs. 25 Lakhs and above )
CIC Defaulters List –Suit filed
3 CIC
(Rs. 1 Cr and above )
CIC Wilful Defaulters list –Suit Filed
4 CIC
( Rs. 25 Lakhs and above )
5 RBI Caution List Help Desk
6 OTS list Help Desk
7 CIC – Consumer Report / Commercial CIC
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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

Report / CIBIL Detect Verification

8 ECGC SAL list ECGC site
9 CIBIL Detect CIC : CIBIL
CRILC
RBI
10 (https://secweb.rbi.org.in/orfsxbrl/customer/)
(to be obtained from ZO by CPU / Branches)
Central Fraud Registry
12 RBI
(to be obtained from ZO by CPU / Branches)
*CIC= Credit Information Company : CIBIL / EXPERIAN / HIGHMARK / EQUIFAX

Comments/Justification on CIC Report:

VII. END USE OF FUNDS (Please refer Loan Policy / guidelines on end use of funds).
Project / Facility wise details to be furnished.
To ensure end use of funds Certificate obtained Date of the Certificate
from
Lenders Engineer
Chartered Accountant
By Branch Manager: 20.05.2020
Release is made after unit visit & date of visit 20.05.2020
Release is made direct to suppliers Yes / No
Release is made in stages Yes / No

Dun & Brad Street report / report from other Yes / No

reputed agency on over seas buyers / suppliers Details of reports:
obtained
Any major change in the buyers / suppliers from No
previous years, if so, reasons, if any
Balance confirmation certificate / letter from
buyers ( as on a recent date, if any )
VIII. Present position of account
a. With our Bank: (Rs. In Lakh)
Balance as Excess /
Existing rate of int. /
Facility Acct No Limit DL on overdue
Commission
since

a. i. Operations in the account during last 12 months (Rs. in lakh)

Average Highest Lowest Average Income
Facility Turnover
utilization Balance Balance Balance earned
OCC
Term Loan
Bank
Guarantee
Letter of credit

a. ii. Excess allowed in the account ( Rs. in lakh)

No. of Occasions Maximum amount Minimum amount

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

a. iii. Adequacy of drawing power: (Rs in Lakhs)

Based on stock statement as on
Stocks of RM/WIP/FG
Receivables
Total
Less: Sundry Creditors
Paid stocks
Less: margin 25%
Drawing power
Balance outstanding

b. Position of borrower’s accounts with other Bank(s) (Balance as on a recent date)

(Rs. in lakh)
Fund Based Non Fund Based
Name of the
Bank Balance Rate of % Balance
Limit % share Limit
as on date Int. share as on

c. With Financial Institutions: - (Rs. in lakh)

Name of the Limit / Balance as on Overdue Since when
Institution DL date Principal Interest

d. i). Limits sanctioned to Group Accounts with our Bank: (Rs. in lakhs)
Limit Asset
Name of the
Branch classification as Credit Rating as on
Group account FB NFB on

d. ii). Limits sanctioned to Group Accounts with other Bank / Financial Institution:
(Rs. in lakh)
Bank / Branch / Limit
Name of the Balance o/s Asset classification
Financial
Group acct FB NFB as on as on
Institution

e. Value of the account (Rs. in lakh)

Last year Current year
From 1.4. From 1.4.
to to
31.03. ____________
Interest Income earned
Commission earned
(remittances / bill / LC / Guarantee)
Forex turnover
LCs established & % to Total LC limits
Forex Turnover % to Total export credit limits

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

Ancillary business (Remittance, IBC/OBC, Int /

Dividend warrants etc).
Deposits from the borrower (Average)
Deposits through the borrower during the year
Consortium leadership charges (if applicable)
Processing charges on FB & NFB limits
(indicate amount and date on which collected)
Other charges recovered on FB & NFB limits
(indicate amount and date on which collected)
f. Concessions allowed to Company / Group
(during last 12 months period ending .........) (Rs. in lakh)
Authority Whether
Extent of Concessio
and continuation
Facility Limit concession n in force If yes, Justifications
sanction recommende
extended upto
reference d

g. Compliance of Previous sanction No. dated sanctioned by

Feedback report submitted on NIL

Terms and conditions pending for compliance, if any NIL
Reason for pending and expected date of compliance NIL

h. Details of irregularities in latest RBIA report dated __________ of

_________________________ and branch compliance:

Irregularities observed by Branch Inspector Branch reply / Compliance

i. Details of irregularities in latest LFAR / other inspection report dated __________ of

_________________________ and branch compliance:

Irregularities observed Branch reply / Compliance

IX. Nature and value of existing security: ( Rs. in lakh)

Date of
Legal Charge
Engineer creatio
Nature of Scrutiny CERSAI created
Description Valuation n of EM
security Report Regn. No. with
Details and
details ROC on
MOTD

Primary:

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

Lawyers Valued by: Er.

Name: R.N. Mohanty.
Building over plot no 3547(G.B), Narayan Date of
Khata No 69, Mouza – Jiringipada, Prashad Valuation:
Collateral Po/Ps- Phulbani, Dist- Parija 20.12.2018
Kandhamal,Odisha – 762001. Date of Legal RSV
Opinion: Value:104.88
07.03.2019 Lakhs.

INSURANCE on Securities:
Name of
Sum Policy valid Risks
Security Insurance Policy No.
Assured upto covered
company
Building over plot The New 55060311140100000059 Rs. 1.00 12.08.2024 Fire Sum
no 3547(G.B), Khata
No 69, Mouza – India Cr Insured
Jiringipada, Po/Ps- Assurance
Phulbani, Dist-
Kandhamal,Odisha Co. Ltd.
– 762001.

Personal guarantee of the following:

Networth
Name of the guarantor relationship As on
(Rs. in lakhs)
Mr. Kalucharan Patra Father – in - Law

X. A Brief about Manufacturing process / activity of the unit and industrial

Scenario:

XI. A. Key Financial Indicators: (Rs. in lakhs)

Last 2 years Previous Year Current
Next Year
Year
Audite Audite Actual Projection
Particulars Estimate Estimate
d d (Aud / s
d s
2018 2019 Prov) 2021
2020
Sales/Revenue (Net) 322.25 344.28 xxxx xxxx 395.70 453.00
Other Income xxxx xxxx xxxx xxxx xxxx xxxx
Profit & Operating Profit 21.67 17.42 xxxx xxxx 21.31 24.42
Loss Net Profit 21.67 17.42 xxxx xxxx 21.31 24.42
Fixed Assets (Gross) 5.32 5.62 xxxx xxxx 5.62 5.62
Fixed Assets (Net) 4.60 4.17 xxxx xxxx 3.63 3.17
Non Current Assets 2.20 5.82 xxxx xxxx 2.70 2.70
Current Assets 99.19 105.11 xxxx xxxx 114.49 132.67
Balance Paid up Capital 0 0 xxxx xxxx 0 0

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

TNW 34.01 45.36 xxxx xxxx 60.07 77.29

ANW xxxx xxxx
Long Term Liabilities 19.80 23.75 xxxx xxxx 23.75 23.75
Sheet
Short Term Liabilities 52.18 45.99 xxxx xxxx 37.00 37.50
NWC 47.01 59.12 xxxx xxxx 77.49 95.17
TOL/ TNW xxxx xxxx
Current Ratio 1.90 2.29 xxxx xxxx 3.09 3.54
Debt Equity Ratio 0.58 0.52 xxxx xxxx 0.40 0.31
DSCR xxxx xxxx 73.83 8.11
FACR xxxx xxxx
Financial
Ratios EBIDTA/ Sales (%) xxxx xxxx
PAT/Sales (%) xxxx xxxx
Interest Coverage xxxx xxxx
xxxx xxxx 73.83 8.11
Ratio
Cash Profit xxxx xxxx
Others NFB Limits xxxx xxxx

X. B. Comments on financial indicators and compliance of benchmark norms:

Parameter Bench- Actuals Compliance Comments / observations about compliance, Previous

mark to norms year estimates vis-à-vis actuals and current year
norms Yes / No Estimates & Next year projections
Net Sales NA NA
Net Profit NA NA
TNW NA NA
ANW NA NA
NWC NA NA
Current
Ratio
(excl
AMTL)
TOL/TNW
DER for
xxxx xxxx xxxx
TL
Interest
Coverage
Ratio
DSCR
FACR
Security
coverage
Ratio

X. C. Comments on Auditor’s Remarks / qualitative remarks: NIL

(Including contingent liability, items impacting the profit, financial indicators)

X. D. Statutory dues (such as Sales Tax, IT, ESI, PF etc.) pending: NIL

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

X. E. Funds Flow analysis: (Rs. in lakhs)

FUND FLOW STATEMENT  

Long Term Sources  
Long Term Uses  
Long term Surplus / Deficit  
   
Short Term Sources  
Short Term Uses  
Short Term Surplus / Deficit  

X. F. Comments / observations on Funds Flow Analysis.

X. G. Projected Cash Flow statement: (Rs in lakhs)

Apr Mar Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Cash Inflow
Sales
Receipts
Other
Receipts
Total cash
inflow
Cash Outflow
Payment to
raw
materials
Gen &
admin exp
Interest
Repayment
of Loan
Total Cash
outflow
Cash
Surplus /
(Deficit)
Bank
Balance
Closing
Balance

XII. Assessment of Working Capital: - (TURNOVER METHOD)

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

(Rs.in lakh)
For Micro & Small For Medium
Enterprises Enterprises
Projected Annual Turnover A 428.95
WC required 25% of A B 107.24
Min. Margin from borrower 21.44
C
20% of B
Min. Bank Borrowing 80% of 85.79
D
B
Actual NWC available E
Higher
Margin stipulated F
of C or E
Limit permissible D 85.79 B–F
Adequate care should be given in case of accounts wherein the period of working
capital cycle is less, like Petrol Bunks etc.

XIII. A. Assessment of Term Loan (Fresh):

(i) Purpose
(ii) A Brief about
requirement of assets
to be purchased /
acquired, present
stage of project (if
already commenced)
etc.
(iii) Necessary approvals Yes / No
obtained Details:
(iv) Details of Proforma
invoice / Estimate
(v) Eligible loan amount Cost
(Rs. In lakh Less: applicable margin
Eligible Loan amount
Loan amount requested by borrower
Loan amount to be considered
(vi) Repayment details Door to Door Tenor (Total Term) ____ months MM/YYYY
TO
MM/YYYY
Of which Holiday Period ____ months
Repay Period ____ months
Monthly Principal repayment Rs. MM/YYYY
TO
MM/YYYY
Monthly Interest repayment To be repaid then and
there
Holiday period interest To be repaid then and
repayment there.

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

XII. B. Review of existing Term Loan:

Whether Terms and conditions stipulated in sanction complied
Whether asset creation out of existing Term loan completed
Asset inspected by and on
Observations of inspecting official

Position of account Limit:

DL:
Balance:
Whether repayments are regular
We recommend for review of existing term loan/s.

XIV. DSCR Calculation

Year >>> 1 2 3 4 5 6 Total
Net Profit
Add: Depreciation
Add: Interest on Term Loans
Gross Funds Generated (A)
Interest on Term Loans
Add: Principal repayment on
existing Term Loan/s, if any
Add: Principal repayment on
proposed Term Loan/s
Total Repayments (B)
DSCR (A / B)
Average DSCR
(Total of A / Total of B)
XV. Assessment of NFB Limit:
a) Letters of Credit (Import / Inland / capital goods): Assessment to be made as per latest Loan Policy:

Inland LC / Foreign LC (Rs. In lakh)

1 Annual purchase/import
2 Out of (1) on credit basis
3 Out of (2) on usance LC basis
4 Average of (3) per month
5 Lead time (no. of months)
6 Usance period (no. of months)
7 Usance LC requirement (5+6) X (4)
b) Guarantees (Performance / Money / Advance Payment / Overseas / bid bond):
Generally, the applicants need to furnish BGs in favour of its clients for the following purposes:
i) Earnest Money Deposits
ii) Security Deposits
iii) Advance Payments
iv) Retention Money
v) Sales Tax, Commercial Tax and Excise Duty payments

Based on past trends and projected performance, the limit requirement to be assessed as
under: (Rs. in lakh)
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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

1 Opening Balance as on :
2 Guarantees required ( a+b+c+d+e)
a Earnest Money Deposits : @ % of additional tenders worth Rs.
lakh during FY / from to .
b Security Deposits : @ % of tenders worth Rs. lakh expected to
be awarded during
c Advance Payment Guarantees: @ % of new orders worth
Rs. lakh expected during
d Retention / Maintenance Guarantees: @ % of the jobs valued at
Rs. lakh expected to be completed during
e Guarantees on account of Sales Tax, Commercial Tax and Excise Duty
payments :
3 Total of (1+2)
4 Less: Bank Guarantees to be cancelled during
5 Bank Guarantees Limit required ( 3 – 4 )
6 Bank Guarantees Limit recommended for sanction
Details of Existing Guarantees outstanding:
Date of
Sl Date of Amount of Cash
Beneficiary expiry of Remarks
No. issue Guarantee Margin (%)
Guarantee

Details of Existing Letter of Credits outstanding:

Whether
Due date
Sl Date of Amount of Cash accepted
Beneficiary for
No. issue LC Margin (%) for
payment
payment

XVI. In case of takeover, whether takeover guidelines as per Bank’s Loan Policy
have been complied:

XVII. Security Proposed: (Rs. in lakh)

Nature of
Legal Latest
Engineer security
Nature of Scrutiny Security
Description Valuation (Exclusive/
security Report inspection
Details Paripassu / II
details by / on
charge)

Primary:

Valued by: Er.

Lawyers Name:
R.N. Mohanty.
Narayan
Building over plot no 3547(G.B), Date of
Prashad
Collatera Khata No 69, Mouza – Jiringipada,
Parija
Valuation:
Po/Ps- Phulbani, Dist- 20.12.2018
l Kandhamal,Odisha – 762001.
Date of Legal
RSV
Opinion:
. 07.03.2019
Value:104.88
Lakhs.

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

Observations of official/s who visited the security:

Personal Guarantee:
Networth
Name of the guarantor Relationship As on
(Rs. in lakhs)

XVIII. Security Coverage:

(Rs. In lakh)
Total Limits Proposed A 35.00
PRIMARY SECURITIES

Total Primary Security B

COLLATERAL SECURITIES

Total Collateral Security C

Of (B) and (C) above, value of immovable property/ies D
Total Security Coverage (B + C) / A
Immovable Property security coverage D/A

XIX. Compliance of norms of MSME Structured Loan Product s like INDSME Secure,
Tradewell etc.
Norms Compliance

XX. The copy of Audited financial statements for the FY ending ---------- was sent
to the Auditors M/s --------------- and auditors vide their letter dated --------
confirmed the correctness of the same.

XXI. Rate of Interest, Concessions in ROI / other charges recommended with

justifications:

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Branch / MSME CPU / Zone:

Spoke Branch: Note No. Date:

XXII. Recommendation: (Rs. in lakh)

Facility Limit Margin Rate of Interest / Period
Commission
Existin Presen
g t

Sub Sector Code: IB Code:

Purpose: OCC / OD:

Term Loan:
LC :
Bank Guarantee:

Activity:

Security & Guarantor/s:

Repayment Schedule for Term Loan

Terms & Conditions: -

Pre-Release Conditions:
Post release conditions:
Other Terms & Conditions:

Appraising Officer/s

Sanctioning Authority

Placed for approval of ZLSCC / ZLCC (if falls under ZLSCC / ZLCC powers):

Deputy General Manager/Zonal manager

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