Oriental bank of commerce Founder- Rai bahadur lala sohan lal, established in lahore MD and chairman- Sh. S. L.

Bansal
Executive Directors- Sh. V. Kannan , Sh. S.C.Sinha Board of Directors- Ms. Sreya Guha, Shri B. Srinivas,, Sh. K. H. Pandey, Sh. S. S. Shishodia Top Management Team- Sh.S.K. Sharma, Sh.C.M. Khurana, Sh.Atul Gautam (total 21 members)

Oriental Bank Of Commerce Head Office, New Delhi Chief Compliance Officer of the BankShri Charanjit Singh Designation Dy. General Manager

Achievements- ORIENTAL BANK OF COMMERCE HEAD OFFICE, NEW DELHI Performance Highlights for the Financial Year ended March 2011 NET PROFIT RECORDS 32.45 % GROWTH TO REACH RS.1503 CRORE CRAR INCREASES TO 14.23% RETURN ON ASSETS (ROA) INCREASES TO 1.03% COST TO INCOME RATIO IMPROVES TO 36.84% NET INTEREST MARGIN IMPROVES TO 3.18% Amt. (YoY Growth) Business Mix Rs. 2.36 lac crore (15.38 %) Deposits Rs. 1.39 lac crore (15.63%) Advances Rs. 0.97 lac crore (15.03 %) Customer BaseMore than 1.56 crore Holding of Govt. of India increases to 58% from 51.09%. Net Interest Income increased to Rs.4178 crore from Rs. 2907 crore showing a growth of 43.68% (YoY). NIM improved to 3.18% from 2.56% as on March'10. Decline of 54 bps in cost of deposits to 6.03%. Capital adequacy Ratio (Basel II) stood at 14.23%. Earnings per share improved to Rs. 59.90 from Rs.45.29
Branches Dealing in Foreign Exchange- total 94 branches are there New delhi, Andhra Pradesh- vishakhapattnam, Hyderabad, Chandigarh, gujrat- Rajkot, gandhidhan, ahamdabad Industrial Finance Branches-NEW DELHI CONNAUGHT CIRCUS

Personal Banking Branch- HARYANA HISSAR Our Small Scale Industry Finance Branches- AGRA FIROZABAD, BIHAR - JAMSHEDPUR , GUJRAT MORABI, HAYANA - MANESAR, GURGAON , HARYANA PANIPAT ( Industrial Area ), HIMACHAL PRADESH - BADDI , MAHARASTHRA - MUMBAI ( SANTA CRUZ ), PUNJAB AMRITSAR (BATALA ROAD), PUNJAB JALANDHAR ( Industrial Area ), PUNJAB - LUDHIANA (Cheema Chowk) ,

Vision & Mission Statement Our Vision To be a sound all India, customer centric, efficient bank with contemporary size, technology and human capital; endeavouring to enrich lives across all sections of society; and committed to upholding the highest standards of corporate governance. Our Mission To provide the finest banking services by upgrading human capital and infusing advanced technology, thereby achieving total customer satisfaction; and being reckoned as the Best Bank in the Industry on all efficiency parameters. To enhance shareholders wealth by ensuring sound growth of business and make valuable contributions to national economic growth.

Investor Center >> Merchant Banking Division

Merchant Banking Division INVESTOR CENTER Merchant Banking Division Oriental Bank of Commerce is registered with Securities and Exchange Board of India, as Category - 1 Merchant Banker since March 1, 1993. The Merchant Banking Division is headed by a Top Executive of the rank of General Manager with a dedicated team of officials having sufficient exposure and experience in this line. The Bank offers complete range of activities of category - 1 Merchant Banker as under:

Managing of Public Issue of equity and debt. Handling Dividend/ Interest warrant issues of Corporates. Acting as Escrow Collecting Bank of Public Issues. Monitoring Agency work as per SEBI Guidelines. Advisory services for projects. Private placement of securities. Syndication of Rupee Term Loan. Corporate Advisory Services relating to Securities Market e.g. Takeovers, Acquisitions, Disinvestments. The Bank had made Initial Public Offer of 60 million equity shares of Rs. 10/each for cash at a premium of Rs. 50/- per share in October 1994. Further, the Bank had made Follow-on Public Offer of 58 million Equity Shares of Rs. 10/each for cash at a premium of Rs. 240/- per share aggregating Rs. 14500 million

in April 2005. As a result, the paid up equity share capital has gone up to Rs. 2505.397 million and the Government of Indias stake in the share capital of the Bank has come down to 51.09% from 66.48%. The Bank has allotted 4,12,21,482 equity shares of Rs.10 each @ Rs.422.11 per share (including premium of Rs.412.11) aggregating to Rs.17400 million on 29th March.2011 to Government of India on preferential basis. As such the Paid up capital of the Bank has increased from 2505.40 million to 2917.61 million raising Govt. of India holding from 51.09% to 58%. The Bank has allotted 4,12,21,482 equity shares of Rs.10 each @ Rs.422.11 per share (including premium of Rs.412.11) aggregating to Rs.17400 million on 29th March.2011 to Government of India on preferential basis. As such the Paid up capital of the Bank has increased from 2505.40 million to 2917.61 million raising Govt. of India holding from 51.09% to 58%. The equity shares of the Bank are under compulsory dematerialization and 287.84 Million shares have been dematerialized as on 31st December 2011. The Bank has a large investor base of 1,13,535 shareholders as on 31st December 2011 The broad shareholding pattern of the Bank as on 31st December 2011 is as under: Government of India 58.00% LIC, GIC & subsidiaries 19.39%% Domestic FIs, MFs & Banks 5.67% FIIs & NRIs 9.89% Indian Public & Corporate 7.05% The Merchant Banking Division deals with all types of shareholders complaints and grievances. M/s.MCS Limited, Delhi has been appointed the Share Transfer Agent of the Bank for the purpose of dealing with the shareholders in various matters viz., updation / change of address, non-receipt of dividend warrant, share certificate etc. The shareholders may approach directly either this Division or the Share Transfer Agent for all types of services relating to equity shares of the Bank.

Code of conduct:
ORIENTAL BANK OF COMMERCE CORPORATE GOVERNANCE CODE OF CONDUCT I. Need and objective of the Code Clause 49 of the Listing Agreement entered into with the Stock Exchanges, requires, as part of Corporate Governance the listed entities to lay down a Code of Conduct for Directors on the Board of an entity and its Senior Management. Senior Management has been defined to include personnel who are members of its Core Management and functional heads excluding the Board of Directors.

Accordingly the Bank has laid down this Code for its Directors on the Board and its Core Management (individual bank will decide on the composition of Core Management). I. Bank's belief system This Code of Conduct attempts to set forth the guiding principles on which the Bank shall operate and conduct its daily business with its multitudinous stakeholders, government and regulatory agencies, media, and anyone else with whom it is connected. It recognises that-the Bank is a trustee and custodian of public money and in order to fulfil its fiduciary obligations and responsibilities, it has to maintain and continue to enjoy the trust and confidence of public at large. The Bank acknowledges the need to uphold the integrity of every transaction it enters into and believes that honesty and integrity in its internal conduct would be judged by its external behaviour. The Bank shall be committed in all its actions to the interest of the countries in which it operates. The Bank is conscious of the reputation it carries amongst its customers and public at large and shall endeavour to do all it can to sustain and improve upon the same in its discharge of obligations. The Bank shall continue to initiate policies, which are customer centric and which promote financial prudence. I. a. Philosophy Of The Code The Code envisages and expects adherence to the highest standards of honest and ethical conduct, including proper and ethical procedures in dealing with actual or apparent conflicts of interest between personal and professional relationships. full, fair, accurate, sensible, timely and meaningful disclosures in the periodic reports required to be filed by the Bank with government and regulatory agencies. compliance with applicable laws, rules and regulations. to address misuse or misapplication of the Bank's assets and resources. the highest level of confidentiality and fair dealing within and outside the Bank.

b.

c. d. e.

A. General Standards of conduct The Bank expects all Directors and members of the Core Management to exercise good judgement, to ensure the interests, safety and welfare of customers,employees, and other stakeholders and to maintain a cooperative, efficient, positive, harmonious and productive work environment and business organization. The Directorsw and members of the Core Management while discharging duties of their office must act honestly and with due diligence. They are expected to act with that amount of utmost care and prudence, which an ordinary person is expected to take in his/her own business. These standards need to be applied while working in the premises of the Bank, at offsite locations where the business is being conducted whether in India or abroad, at Bank-sponsored business and social events, or at any other place where they act as representatives of the Bank.

B. Conflict of Interest A "conflict of interest" occurs when personal interest of any member of the Board of Directors and of the Core Management interferes or appears to interfere in any way with the interests of the Bank. Every member of the Board of Directors and Core Management has a responsibility to the Bank, its stakeholders and to each other. Although this duty does not prevent them from engaging in personal transactions and investments, it does demand that they avoid situations where a conflict of interest might occur or appear to occur. They are expected to perform their duties in a way that they do not conflict with the Bank's interest such as Employment / Outside Employment - The members of the Core Management are expected to devote their total attention to the business interests of the Bank. They are prohibited from engaging in any activity that interferes with their performance or responsibilities to the Bank or otherwise is in conflict with or prejudicial to the Bank. Business Interests - If any member of the Board of Directors and Core Management considers investing in securities issued by the Bank's customer, supplier or competitor, they should ensure that these investments do not compromise their responsibilities to the Bank. Many factors including the size and nature of the investment; their ability to influence the Bank's decisions; their access to confidential information of the Bank, or of the other entity, and the nature of the relationship between the Bank and the customer, supplier or competitor should be considered in determining whether a conflict exists. Additionally, they should disclose to the Bank any interest that they have which may conflict with the business of the Bank. Insider Trading guidelines to be complied time to time. C. Related Parties - As a general rule, the Directors and members of the Core Management should avoid conducting Bank's business with a relative or any other person or any firm, Company, Association in which the relative or other person is associated in any significant role. Relatives shall include: Spouse Father Mother (including step-mother) Son (including step-son) Son's wife Daughter (including step-daughter) Father's father Father's mother Mother's mother Mother's father Son's son Son's son's wife Son's daughter Son's Daughter's husband Daughter's husband Daughter's son Daughter's son's wife

Daughter's daughter Daughter's daughter's husband Brother (including step-brother) Brother's wife Sister (including step-sister) Sister's husband If such a related party transaction is unavoidable, they must fully disclose the nature of the related party transaction to the appropriate authority. Any dealings with a related party must be conducted in such a way that no preferential treatment is given to that party. In the case of any other transaction or situation giving rise to conflicts of interests, the appropriate authority should after due deliberations decide on its impact. D.Applicable Laws The Directors of the Bank and Core Management must comply with applicable laws, regulations, rules and regulatory orders. They should report any inadvertent non- compliance, if detected subsequently, to the concerned authorities. E. Disclosure Standards The Bank shall make full, fair, accurate, timely and meaningful disclosures in the periodic reports required to be filed with Government and Regulatory agencies. The members of Core Management of the Bank shall initiate all actions deemed necessary for proper dissemination of relevant information to the Board of Directors, Auditors and other Statutory Agencies, as may be required by applicable laws, rules and regulations.

F. Use of Bank's Assets and Resources : Each member of the Board of Directors and the Core Management has a duty to the Bank to advance its legitimate interests while dealing with the Bank's assets and resources. Members of the Board of Directors and Core Management are prohibited from: using corporate property, information or position for personal gain; soliciting, demanding, accepting or agreeing to accept anything of value from any person while dealing with the Bank's assets and resources; acting on behalf of the Bank in any transaction in which they or any of their relative(s) have a significant direct or indirect interest. G.Confidentiality and Fair Dealings 1. Bank's Confidential Information The Bank's confidential information is a valuable asset. It includes all trade related information, trade secrets, confidential and privileged information, customer information, employee related information, strategies, administration, research in connection with the Bank and commercial, legal, scientific, technical data that are either provided to or made available to each member of the Board of Directors and the Core Management by the Bank either in paper form or electronic media to facilitate their work or that they are able to know or obtain access by virtue of their position with the Bank. All confidential information must be used for Bank's business purposes only.

This responsibility includes the safeguarding, securing and proper disposal of confidential information in accordance with the Bank's policy on maintaining and managing records. This obligation extends to confidential information of third parties, which the Bank has rightfully received under non-disclosure agreements. To further the Bank's business, confidential information may have to be disclosed to potential business partners. Such disclosure should be made after considering its potential benefits and risks. Care should be taken to divulge the most sensitive information, only after the said potential business partner has signed a confidentiality agreement with the Bank. Any publication or publicly made statement that might be perceived or construed as attributable to the Bank, made outside the scope of any appropriate authority in the Bank, should include a disclaimer that the publication or statement represents the views of the specific author and not the bank. 2. Other Confidential Information The Bank has many kinds of business relationships with many companies and individuals. Sometimes, they will volunteer confidential information about their products or business plans to induce the Bank to enter into a business relationship. At other times, the Bank may request that a third party provide confidential information to permit the Bank to evaluate a potential business relationship with that party. Therefore, special care must be taken by the Board of Directors and members of the Core Management to handle the confidential information of others responsibly. Such confidential information should be handled in accordance with the agreements with such third parties. The Bank requires that every Director and the member of Core Management, General Managers should be fully compliant with the laws, statutes, rules and regulations that have the objective of preventing unlawful gains of any nature whatsoever. Directors and the members of Core Management shall not accept any offer, payment promise to pay, or authorization to pay any money, gift, or anything of value from customers, suppliers, shareholders/ stakeholders, etc. that is perceived as intended, directly or indirectly, to influence any business decision, any act or failure to act, any commission of fraud, or opportunity for the commission of any fraud. I. Good corporate governance practices Each member of the Board of Directors and Core Management of the Bank should adhere to the following so as to ensure compliance with good Corporate Governance practices. a. Dos Attend Board meetings regularly and participate in the deliberations and discussions effectively.(member(s) of Core Management to attend by invitation) Study the Board papers thoroughly and enquire about follow-up reports on definite time schedule. Involve actively in the matter of formulation of general policies Be familiar with the broad objectives of the Bank and the policies laid down by the Government and the various laws and legislations.

Ensure confidentiality of the Bank's agenda papers, notes and Minutes.

b. Don'ts Do not interfere in the day to day functioning of the bank (applicable to all non- executive directors including independent directors). Do not reveal any information relating to any constituent of the Bank to anyone. Do not display the logo / distinctive design of the Bank on their personal visiting cards / letter heads. Do not sponsor any proposal relating to loans, investments, buildings or sites for Bank's premises, enlistment or empanelment of contractors, architects, auditors, doctors, lawyers and other professionals etc. Do not do anything, which will interfere with and / or be subversive of maintenance of discipline, good conduct and integrity of the staff.

I.

Periodic Review: All board of Directors and members of Core Management shall affirm compliance with the code on an annual basis or upon revision. New Director(s) and new member(s) of the Core Management will sign the code at the time when their Directorship begin or Membership of Core Management begin respectively. Waivers Any waiver of any provision of this Code of Conduct for a member of the Bank's Board of Directors or a member of the Core Management must be approved in writing by the Board of Directors of the Bank. The matters covered in this Code of Conduct are of the utmost importance to the Bank, its stakeholders and its business partners, and are essential to the Bank's ability to conduct its business in accordance with its value system. I have received and read the Bank's Code of Conduct and agree to comply with the same.

Marketing /Distribution of Mutual Fund Units /Insurance etc.

Bank has entered the Mutual Fund segment to cater the needs of the customers through tieups with different Asset Management Companies. Mutual Fund Tie-ups > Franklin Templeton Asset Management Pvt. Ltd. Reliance Capital Asset Management Ltd. DSP BlackRock Investment Managers Pvt. Ltd. Kotak Mahindra Asset Management Co. Ltd. Birla Sun life Asset Management Co. Ltd. SBI Funds Management Pvt. Ltd. For any further queries, please contact your nearest OBC branch or call the toll free customer care no. 1800-180-1235. SBI MF-II - Other Fixed Income Pricing Sheet . SBI MF-I - Key Fixed Income Pricing Sheet .

DSP BlackRock Mutual Fund - Brokerage Structure Brokerage Structure- FRANKLIN TEMPLETON MF . Brokerage Structure -BIRLA SUN LIFE MF . Brokerage Structure - RELIANCE MF . Brokerage Structure - KOTAK MUTUAL FUND .

https://www.obcindia.co.in/obcnew/upload/obc/RBI_Citizien.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_CitizenCharter.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_ANALYSIS_AND_DISCLOSURE_OF_COMPLAINTS.pdf

Miscellaneous Oriental Bank of Commerce is registered with Securities and Exchange Board of India, as Category - 1 Merchant Banker since March 1, 1993. The Merchant Banking Activities are undertaken by its Merchant Banking Division housed in a separate premises at F-14, IVth Floor, Competent House, Connaught Place, New Delhi. The Merchant Banking Division is headed by a Top Executive of the rank of General Manager with a dedicated team of officials having sufficient exposure and experience in this line. The Bank offers complete range of activities of category - 1 Merchant Banker as under

Managing of Public Issue of equity and debt. Handling Dividend/ Interest warrant issues of Corporates. Acting as Escrow Collecting Bank of Public Issues. Monitoring Agency work as per SEBI Guidelines. Advisory services for projects. Private placement of securities. Syndication of Rupee Term Loan. Corporate Advisory Services relating to Securities Market e.g.Takeovers, Acquisitions, Disinvestments. Policy1) KYChttps://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_Level-3_KYC_brief_placed_on_Website_14-nov-11.pdf 2) Financial inclusion policy-

3)

https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishL evel-3_Financial_Inclusion_Policy_of_the_Bank_.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishL evel-3_SCA_SBA_APPOINTMENT_POLICY_2011-12_(8-nov-2011).pdf

Cheque Collection & Compensation Policy 1. POLICY ON COLLECTION OF CHEQUES/INSTRUMENTS

Arrangements for Collection: 1. Local Cheques

i.

All cheques and other Negotiable Instruments payable locally would be presented through the clearing system prevailing at the centre. Cheques deposited at branch counters and in collection boxes within the branch premises before the specified cut-off time will be presented for clearing on the same day. Cheques deposited after the cut-off time and in collection boxes outside the branch premises including off-site ATMs will be presented in the next clearing cycle. As a policy, bank would give credit to the customer account on the same day clearing settlement takes place. Withdrawal of amounts so credited would be permitted as per the cheque return schedule of the clearinghouse. Wherever applicable, facility of high-value clearing (same day credit) will be extended to customers. Bank branches situated at centres where no clearing house exists, would present local cheques on drawee banks across the counter and it would be the bank's endeavour to credit the proceeds at the earliest. In compliance to the BCSBI observations, the following shall form part of the policy: The Bank shall make available, in public domain by display, the cut off time upto which the cheques received will be sent for clearing the same day the cut off time prescribed for each collection box shall be indicated on the face of the box/Drop box. Cut-off time for High Value Clearing (same day credit) shall be also available in public domain by proper display. Cut off time for receipt of cheques for payments to Govt. accounts like Income Tax etc. shall also be clearly displayed in the branch transacting Govt. busines.

ii. iii.

iv.

2. Outstation Cheques

Cheques drawn on other banks at outstation centres will normally be collected through bank's branches at those centres. Where the bank does not have a branch of its own, the instrument would be directly sent for collection to the drawee bank or collected through a correspondent bank. The bank would also use the National Clearing services offered by the Reserve Bank of India at centres where such collection services exist. Cheques drawn on bank's own branches at outstation centres will be collected using the inter-branch arrangements in vogue. Branches which are connected through a centralized processing arrangement and are offering anywhere banking services to its customers will provide same day credit to its customers in respect of outstation instruments drawn on any of its branches in the CBS network. 3 Cheques payable in Foreign Countries

The services of correspondent banks are being utilized for majority of the collections. Cheques drawn on foreign banks at centres where the bank or its correspondents do not have direct presence will be sent direct to the drawee bank with instructions to credit proceeds to the respective Nostro Account of the bank maintained with one of the correspondent banks. Credit to the customer will be afforded at prevailing exchange rate, on the date of conversion. The maximum period for credit is 21 days from the value date. Further for compensation, it is one week from the value date plus the cooling period (21 days). 4 Immediate Credit of Local / Outstation Cheques / Instruments:

Branches / extension counters of the bank will consider providing immediate credit for outstation cheques / instruments up to the aggregate value of Rs 15000/- (Rural/Semi Urban) and Rs 25000/- (Metro/Urban) tendered for collection by individual account

a. b. c. d.

holders subject to satisfactory conduct of such accounts for a period not less than 6 months. Immediate credit will be provided against such collection instruments to all eligible customers as mentioned above. The facility of immediate credit would also be made available in respect of local cheques at centres where no formal clearing house exists. The facility of immediate credit will be offered on Savings Bank / Current / Cash Credit Accounts of the customers. For extending this facility there will not be any separate stipulation of minimum balance in the account. The bank shall afford immediate credit for all instruments payable at par, like interest/dividend warrants and other Prepaid instruments like demand drafts etc., drawn by a bank on its branches. Further, such instruments shall not be treated on par with cheques and initially immediate credit upto Rs 30000/- to such instruments shall be afforded as the bank has already received funds, at all its branches. In the event of dishonor of cheque against which immediate credit was provided, interest shall be recoverable from the customer for the period the bank remained out of funds at the rate applicable for overdraft limits sanctioned for individual customers. For the purpose of this Policy, a satisfactorily conducted account shall be the one. Opened at least six months earlier and complying with KYC norms. Conduct of which has been satisfactory and bank has not noticed any irregular dealings. Where no cheques / instruments for which immediate credit was afforded returned unpaid for financial reasons. Where the bank has not experienced any difficulty in recovery of any amount advanced in the past including cheques returned after giving immediate credit. Bank shall levy normal collection charges and out of pocket expenses while providing immediate credit against outstation instruments tendered for collection. Exchange charges applicable for cheque purchase will not, however be charged.

5 Purchase of local/outstation cheques

Bank shall, at its discretion, purchase local/outstation (including foreign cheques) tendered for collection at the specific request of the customer or as per prior arrangement. Besides, satisfactory conduct of account, the standing of the drawer of the cheque will also be a factor considered while purchasing the cheque. 6. Time Frame for Collection of Local / Outstation Cheques / Instruments:

a. b. c. d.

For local cheques presented in clearing credit will be afforded as on the date of settlement of funds in clearing and the account holder will be allowed to withdraw funds as per return clearing norms in vogue. Cheques / Instruments presented in high value clearing (with the minimum value of Rs.1 lac) shall be credited on the same day (applicable only in areas covered by high value / same day clearing). For cheques and other instruments sent for collection to centres within the country, the following time norms shall be applied: Cheques presented at any of the four major Metro Centres (New Delhi, Mumbai, Kolkata and Chennai) and payable at any of the other three centres : Maximum period of 7 days. Metro Centres and State Capitals (other than those of North Eastern States and Sikkim): Maximum period of 10 days. In all other Centres : Maximum period of 14 days. Cheques drawn on foreign countries: Such instruments are accepted for collection on the 'best of efforts' basis. Bank may enter into specific collection arrangement with its correspondent bank for speedy collection of such instrument. Bank would give credit to the party on credit of proceeds to the bank's Nostro Account with the correspondent bank after taking into account cooling periods as applicable to the countries concerned.

In respect of Inland Cheques drawn on centres where the Bank does not have its own branches, the maximum period for Collection shall be 25 days. 7. Payment of Interest for delayed Collection of Outstation Cheques:

a. b. c. d.

As part of the compensation policy of the bank, the bank will pay interest to its customer on the amount of collection instruments in case there is delay in giving credit beyond the time period mentioned above. Such interest shall be paid without any demand from customers in all types of accounts. There shall be no distinction between instruments drawn on the bank's own branches or on other banks for the purpose of payment of interest on delayed collection. Interest for delayed collection shall be paid at the following rates: Savings Bank rate for the period of delay beyond 7/10/14 days as the case may be in collection of outstation cheques. Where the delay is beyond 14 days interest will be paid at the rate applicable to term deposit for the respective period. In case of extraordinary delay, i.e. delays exceeding 90 days, interest will be paid at the rate of 2% above the corresponding Term Deposit rate. In the event the proceeds of cheque under collection was to be credited to an overdraft/loan account of the customer, interest will be paid at the rate applicable to the loan account. For extraordinary delays, interest will be paid at the rate of 2% above the rate applicable to the loan account. It may be noted that interest payment as given above would be applicable only for instruments sent for collection within India.

8. Cheques / Instruments lost in transit / in clearing process or at paying bank's branch:

a.

b.

c.

In the event, a cheque or an instrument accepted for collection is lost in transit or in the clearing process or at the paying bank's branch, the bank shall immediately on coming to know of the loss, bring the same to the notice of the accountholder so that the accountholder can inform the drawer to record stop payment and also take care that cheques, if any, issued by him / her are not dishonoured due to non-credit of the amount of the lost cheques / instruments. The bank would provide all assistance to the customer to obtain a duplicate instrument from the drawer of the cheque. In line with the compensation policy of the bank the bank will compensate the accountholder in respect of instruments lost in transit in the following way: In case intimation regarding loss of instrument is conveyed to the customer beyond the time limit stipulated for collection (7/10/14 days as the case may be) interest will be paid for the period exceeding the stipulated collection period at the rates specified above. In addition, bank will pay interest on the amount of the cheque for a further period of 15 days at Savings Bank rate to provide for likely further delay in obtaining duplicate cheque/instrument and collection thereof. The bank would also compensate the customer for any reasonable charges he/she incurs in getting duplicate cheque/instrument upon production of receipt, in the event the instrument is to be obtained from a bank/ institution which would charge a fee for issue of duplicate instrument. In case of eventuality viz. Cheques / Instruments lost in Transit / Clearing Process or at the Paying Bank's Branch, a flat amount of Rs.100/- shall be credited to the Account holder towards Interest/ Expenses for getting Duplicate Cheque/ Instrument and consequent Delay in crediting amount of the lost cheque/ instrument to the Account, irrespective of whether the cheque was meant for local or outstation collection. Further, in case a cheque is lost by a bank, charges, if any, for recording stop payment Order or any additional expenses incurred by the customer in this regard will also be borne by the bank.In case the cheque is lost after it is discounted, the customer will be required to assist the Bank in recovery by reimbursement/arranging duplicate cheque covering the payment/transaction.

9. Force Majeure

The bank shall not be liable to compensate customers for delayed credit if some unforeseen event (including but not limited to civil commotion, sabotage, lockout, or other labour disturbances, accident, fires, natural disasters or other "Acts of God", war, damage to the bank's facilities or of its correspondent bank(s), beyond the control of the bank prevents it from performing its obligations within the specified service delivery parameters. 10.Charging of Interest on cheques returned unpaid where Instant Credit was given:

If a cheque sent for collection for which immediate credit was provided by the bank is returned unpaid, the value of the cheque will be immediately debited to the account. The customer will not be charged any interest from the date immediate credit was given to the date of return of the instrument unless the bank had remained out of funds on account of withdrawal of funds. Interest where applicable would be charged on the notional overdrawn balances in the account, had credit not been given initially. If the proceeds of the cheque were credited to the Savings Bank Account and was not withdrawn, the amount so credited will not qualify for payment of interest when the cheque is returned unpaid. If proceeds were credited to an overdraft/loan account, interest shall be recovered at the rate of 2% above the interest rate applicable to the overdraft/loan from the date of credit to the date of reversal of the entry if the cheque/ instrument was returned unpaid to the extent the bank was out of funds. 2. Compensation Policy 1. Introduction It may be mentioned that the policy covers only compensation for financial losses which customers might incur due to deficiency in the services offered by the bank which can be measured directly and as such the commitments under this policy are without prejudice to any right the bank will have in defending its position before any forum duly constituted to adjudicate banker-customer disputes. 1. Unauthorised / Erroneous Debit:

If the bank has raised an unauthorized/erroneous direct debit to an account, the entry will be reversed immediately on being informed of the erroneous debit, after verifying the position. In the event, the unauthorized/erroneous debit has resulted in a financial loss for the customer by way of reduction in the minimum balance applicable for payment of interest on savings bank deposit or payment of additional interest to the bank in a loan account, the bank will compensate the customer for such loss. Further, if the customer has suffered any financial loss incidental to return of a cheque or failure of direct debit instructions due to insufficiency of balance on account of the unauthorized/erroneous debit, the bank will compensate the customer to the extent of such financial losses. In case verification of the entry reported to be erroneous by the customer does not involve a third party, the bank shall arrange to complete the process of verification within a maximum period of 7 working days from the date of reporting of erroneous debit. In case, the verification involves a third party, the bank shall complete the verification process within a maximum period of one month from the date of reporting of erroneous transaction by the customer. 2. ECS direct debits/other debits to accounts

The bank will undertake to carry out direct debit/ ECS debit instructions of customers in time.

In the event, the bank fails to meet such commitments, customer will be compensated to the extent of any financial loss the customer would incur on account of delay in carrying out the instruction/failure to carry out the instructions. The bank would debit the customer's account with any applicable service charge as per the schedule of charges notified by the bank. In the event, the bank levies any charge in violation of the arrangement, the bank will reverse the charges when pointed out by the customer subject to scrutiny of agreed terms and conditions. Any consequential financial loss to the customer will also be compensated. 3. Payment of Cheques after Stop Payment Instructions:

In case a cheque has been paid after stop payment instruction is acknowledged by the bank, the bank shall reverse the transaction and give value-dated credit to protect the interest of the customer. Any consequential financial loss to the customer will be compensated as provided under para 1 above. Such debits will be reversed within 2 working days of the customer intimating the transaction to the bank. 4. Foreign Exchange Services:

a.

b.

Time for collection of instruments drawn on banks in foreign countries differ from country to country and even within a country, from place to place. Also the time norms for return of instruments cleared provisionally vary from country to country. Compensation will be given for delays beyond 7 days plus 21 days being the normal cooling off period after the credit of proceed to Nostro Account (i.e 28 days after the date of credit of our Nostro account). The compensation in such cases will be worked out as follows: Interest will be payable in INR at saving bank rate for period upto 14 days and at the rate of corresponding fixed deposit rates in case delay beyond 14 days. Compensation will be credited in the NRE/ NRO /Domestic account of depositor/s. Compensation for loss on account of adverse movement in foreign exchange rate Difference of favorable exchange rate on the date of credit into depositors account and 21 days after the Nostro credit date. 5. Remittances in India: The compensation on account of delays in collection of instruments would be as indicated in the bank's collection policy which is reproduced below for information: "Payment of Interest for delayed Collection of Outstation Cheques:

a. b. c. d.

As part of the compensation policy of the bank, the bank will pay interest to its customer on the amount of collection instruments in case there is delay in giving credit beyond the time period mentioned above. Such interest shall be paid without any demand from customers in all types of accounts. There shall be no distinction between instruments drawn on the bank's own branches or on other banks for the purpose of payment of interest on delayed collection. Interest for delayed collection shall be paid at the following rates: Savings Bank rate for the period of delay beyond 7/10/14 days as the case may be in collection of outstation cheques. Where the delay is beyond 14 days interest will be paid at the rate applicable to for term deposit for the respective period. In case of extraordinary delay, i.e. delays exceeding 90 days, interest will be paid at the rate of 2% above the corresponding Term Deposit rate. In the event, the proceeds of cheque under collection was to be credited to an overdraft/loan account of the customer, interest will be paid at the rate applicable to the loan account. For extraordinary delays, interest will be paid at the rate of 2% above the rate applicable to the loan account.

It may be noted that interest payment as given above would be applicable only for instruments sent for collection within India". The bank's compensation policy for financial loss suffered by the customers due to loss of instrument after it has been handed over to the bank for collection by the customer would also be as indicated in our collection policy. The same is extracted below for information: "Cheques / Instruments lost in transit / in clearing process or at paying bank's branch:

a.

b.

c.

In the event, a cheque or an instrument accepted for collection is lost in transit or in the clearing process or at the paying bank's branch, the bank shall immediately on coming to know of the loss, bring the same to the notice of the accountholder so that the accountholder can inform the drawer to record stop payment and also take care that cheques, if any, issued by him / her are not dishonoured due to non-credit of the amount of the lost cheques / instruments. The bank would provide all assistance to the customer to obtain a duplicate instrument from the drawer of the cheque. In line with the compensation policy of the bank the bank will compensate the accountholder in respect of instruments lost in transit in the following way: In case intimation regarding loss of instrument is conveyed to the customer beyond the time limit stipulated for collection (7/10/14 days as the case may be) interest will be paid for the period exceeding the stipulated collection period at the rates specified above. In addition, bank will pay interest on the amount of the cheque for a further period of 15 days at Savings Bank rate to provide for likely further delay in obtaining duplicate cheque/instrument and collection thereof. The bank would also compensate the customer for any reasonable charges he/she incurs in getting duplicate cheque/instrument upon production of receipt, in the event the instrument is to be obtained from a bank/ institution who would charge a fee for issue of duplicate instrument. In case of eventuality viz. Cheques / Instruments lost in Transit / Clearing Process or at the Paying Bank's Branch, a flat amount of Rs.100/- shall be credited to the Account holder towards Interest/ Expenses for getting Duplicate Cheque/ Instrument and consequent Delay in crediting amount of the lost cheque/ instrument to the Account, irrespective of whether the cheque was meant for local or outstation collection. Further, in case a cheque is lost by a bank, charges, if any, for recording stop payment Order or any additional expenses incurred by the customer in this regard will also be borne by the bank.

6. Violation of the Code by banks agent

In the event of receipt of any complaint from the customer that the bank's representative / courier or DSA has engaged in any improper conduct or acted in violation of the Code of Bank's Commitment to Customers which the bank has adopted voluntarily, bank shall take appropriate steps to investigate and to handle the complaint and to compensate the customer for financial losses, if any. 7. Transaction of "at par instruments" of Co-operative Banks by Commercial Banks *

The bank will not honour cheques drawn on current accounts maintained by other banks with it unless arrangements are made for funding cheques issued. Issuing bank should be responsible to compensate the cheque holder for non payment/delayed payment of cheques in the absence of adequate funding arrangement. Once a bank has entered into an arrangement with a bank to pay its instruments 'at par' it is not possible for a customer to find if his instrument has been funded by the bank or not. Therefore, once arrangement made is in public domain the paying bank should honour the cheque and settle the matter separately with issuing bank.

8. Force Majeure

The bank shall not be liable to compensate customers for delayed credit if some unforeseen event (including but not limited to civil commotion, sabotage, or other labour disturbances, accident, fires, natural disasters or other "Acts of God", war, damage to the bank's facilities or of its correspondent bank(s), absence of the usual means of communication or all types of transportation, etc beyond the control of the bank prevents it from performing its obligations within the specified service delivery parameters.

Grievance Redressal Policy for 'Grievance Redressal Mechanism' in the Bank The Bank has put in place the mechanism for 'Redressal of complaints / grievances' received from the customers. The complaints are being received from the customers through various channels including Ombudsman, Ministry of Finance, Deptt. of Economic Affairs (Banking Division), Cabinet Sectt., RBI etc.. The Bank has also become the member of the Banking Codes & Standards Board of India (BCSBI) which has been set up as an Independent Autonomous Body under Societies Registration Act, 1860. The objectives of the Board are to ensure that the banks in India adhere to a voluntary code which sets minimum standards for fair and transparent treatment of individual customers availing of banking services. The code of Bank's commitment to customers has also made a reference about the explicit policy statement dealing with complaints received from individual customers 1. Introduction In the present scenario of competitive banking, excellence in customer service is the most important tool for sustained business growth. Customer complaints are part of the business life of any corporate entity. This is more so for banks because banks are service organizations. This policy document aims at minimizing instances of customer complaints and grievances through proper service delivery and review mechanism and to ensure prompt redressal of customer complaints and grievances. The review mechanism shall help in identifying shortcomings in product features and service delivery as Customer dissatisfaction would spoil bank's name and image. The bank's policy on grievance redressal follows the under noted principles. Customers be treated fairly at all times. Complaints raised by customers are dealt with courtesy and on time.

Customers are fully informed of avenues to escalate their complaints/grievances within the organization and their rights to alternative remedy, if they are not fully satisfied with the response of the bank to their complaints. Bank will treat all complaints, including those relating to non-compliance with the Code of Bank's Commitment to customers issued by BCSBI efficiently and fairly as they can damage the bank's reputation and business if handled otherwise. The Bank's employees must work in good faith and without prejudice to the interests of the customer. The customer is having full right to register his complaint if he is not satisfied with the services provided by the Bank. He can give his complaint in writing, orally, through website or over telephone. If customer's complaint is not resolved within given time or if he is not satisfied with the solution provided by the bank, he can approach Banking Ombudsman with his complaint or other legal avenues available for grievance redressal. 2. Nodal Officer and Other designated officials to handle complaints and grievances Bank has appointed a Nodal Officer of the rank of General Manager who is responsible for implementation of customer service and complaint handling for the entire bank. Further, the Bank has also designated Nodal Officers at various Regional Offices located in various part of the country to handle complaint grievances in respect of branches falling under their control.(See list of Code Compliance Officers) 3. Mandatory display requirements

The Bank has also provided following infrastructure for complaints. Appropriate arrangement for receiving complaints and suggestions. The name, address and contact number of Nodal Officers(s) Contact details of Banking Ombudsman of the area. Code of bank's commitments to customers issued by BCSBI. Details of the 'Customers' Day', when they can meet the Branch Manager without any prior appointment 4. Resolution of Grievances. 4.1Time frame If a complaint is received from customer in writing, the Bank will endeavor to send an acknowledgement/ response within a week. If the complaint is relayed over phone at our designated telephone helpdesk or customer service number, the Bank shall provide to the Customer a complaint reference number and keep him/ her informed of the progress within a reasonable period of time. After examining the matter, the Bank will send final response or explain why the Bank needs more time to respond and shall endeavor to do so within six weeks of receipt of complaint and shall inform the customer mechanism to take the complaint further if he/ she is still not satisfied. 5. Interaction with customers The Bank recognizes that customer's expectation / requirement/ grievances can be better appreciated through personal interaction with customers by Bank's staff. And accordingly once in a month Bank holds 'Customer Day' when the customers can meet the Branch Manager without any prior appointment. 4) POLICY ON COLLECTION OF DUES-

https://www.obcindia.co.in/obcnew/upload/obc/collectionofdues.p df
SSI Charter
ANNEXURE "A" CHARTER FOR SMALL & MEDIUM ENTERPRISES (SMEs) ORIENTAL BANK OF COMMERCE

OBC gives a big boost to Small & Medium Enterprises. The erstwhile SSI category has been brought under a new term- "Small Enterprises". The definition has been aligned to the covenants of Micro, Small and Medium Enterprises Development Act, 2006. The Small Enterprises advances category under Priority Sector contains two main segments of Small (Manufacturing) Enterprises having original investment in Plant and Machinery upto Rs.5.00 crores and Small (Service) Enterprises where original investment in Equipment is upto Rs.2.00 crores. A medium (manufacturing) enterprises is an enterprise where the original investment in plant and machinery is more than Rs. 5 crore but does not exceed Rs. 10 crore. A medium (Service) enterprises is an enterprise where the original investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore. INTEREST RATES:INTEREST RATES ON MICRO ENTERPRISES ADVANCES Size of the limit of the (Manufacturing & Services ) MICRO ENTERPRISES

account Up to Rs 50000

PLR-3.25= 9.25%

Above Rs 50000 but up to Rs PLR-2.50%= 10% 2.00 Lacs Above Rs 2.00 Lacs but up to PLR-2.25% = 10.25% Rs 25.00 Lacs Above Rs.25.00 lac and up to PLR minus 2.50% = 10% if credit rating is A++ Rs.1.00 crore PLR minus 2.00% = 10.50% if credit rating is A+ PLR minus 1.00% = 11.50% if credit rating is A PLR =12.50% if credit rating is below A Above Rs.1.00 crore and up to PLR minus 2.25%=10.25% if credit rating is A++ Rs.10 crore PLR minus 2.00%=10.50% if credit rating is A+ PLR minus 1.00% = 11.50% if credit rating is A PLR plus 0.50% =13% if credit rating is below A Above Rs.10.00 crore PLR minus 1.25%=11.25% if credit rating is A++ PLR minus 1.00%=11.50% if credit rating is A+ PLR =12.50% if credit rating is A PLR plus 1.50% =14% if credit rating is below A INTEREST RATES ON SMALL ENTERPRISES (SE) ADVANCES (Manufacturing & Services ) Size of the limit of the SE account INTEREST RATES ON SMALL ENTERPRISES (SE) ADVANCES (Manufacturing & Services )

Up to Rs 50000 Above Rs 50000 but up to Rs 2.00 Lacs

PLR-2.75= 9.75% PLR-2%= 10.50%

Above Rs 2.00 Lacs but up to Rs 25.00 PLR-1.75% = 10.75% Lacs Above Rs.25.00 lac and up to Rs.1.00 crore PLR minus 2% = 10.50% if credit rating is A++ PLR minus 1.50% = 11% if credit rating is A+ PLR minus 0.50% = 12% if credit rating is A PLR plus 0.50% =13% if credit rating is below A Above Rs.1.00 crore and up to Rs.10 crore PLR minus 1.75% = 10.75% if credit rating is A++ PLR minus 1.50% = 11% if credit rating is A+ PLR minus 0.50% = 12% if credit rating is A PLR plus 1% =13.50% if credit rating is below A Above Rs.10.00 crore PLR minus 1.25%=11.25% if credit rating is A++ PLR minus 1.00%=11.50% if credit rating is A+ PLR =12.50% if credit rating is A PLR plus 1.50% =14% if credit rating is below A

INTEREST ON SSI ADVANCES TO WOMEN ENTREPRENEURS

The Specific concession to Women enterprises be restricted to 0.50% by the Branches and Regional Heads with minimum ceiling of 10.50% (i.e. PLR minus 2%) INTEREST RATES ON MEDIUM ENTERPRISES (ME) ADVANCES Size of the limit of the ME account INTEREST RATES ON MEDIUM ENTERPRISES (ME) ADVANCES Up to Rs 25.00 Lacs PLR minus 2% = 10.50% p.a if credit rating is A++ PLR minus 1.75% = 10.75% p.a. if credit rating is A+ PLR minus 1.50% = 11% p.a. if credit rating s A PLR minus 1.25% = 11.25% p.a. if credit rating is B+ PLR minus1% = 11.50% p.a. if credit rating is B. Above Rs.25.00 lac and up to Rs.1.00 crore PLR minus 1.75% = 10.75% p.a. if credit rating is A++ PLR minus 1.50% = 11% p.a. if credit rating is A+ PLR minus 0.50% = 12% if credit rating is p.a. A PLR plus 0.50% =13% if credit rating is p.a. B+ PLR plus 1% =13.50% p.a. if credit rating is B. Above Rs.1.00 crore and up to Rs.10 crore PLR minus 1.75% = 10.75% p.a. if credit rating is A++ PLR minus 1.50% = 11% p.a. if credit rating is A+ PLR minus 0.50% = 12% if credit rating is p.a. A PLR plus 1% =13.50% p.a. if credit rating is B+ PLR plus 1.50% =14% p.a. if credit rating is B Above Rs.10.00 crore PLR minus 1.25%=11.25% p.a. if credit rating is A++ PLR minus 1.00%=11.50% p.a. if credit rating is A+ PLR A =12.50% p.a. if credit rating is

PLR plus 1.50% =14% p.a. if credit rating is B+ PLR plus 2.00% =14.50% p.a. if credit rating is B SIZE OF THE LIMIT OF THE SME ACCOUNT FOR DETERMINING THE RATE The revised rate of interest on SME accounts is based on the size of limits sanctioned to the borrower. The limits to be taken into account shall be as follows: a) Non-fund based limits sanctioned to the SME borrower shall not be included in the total limits for

b) c)

determining the rate of interest. All fund -based limits including term loans and working capital limits shall be taken into account for determining the rate of interest. In the case of term loans, the original term loan limit is to be taken into account and not the outstanding in the term loan.

COLLATERAL SECURITY:-

Advances upto Rs.5.00 lacs without collateral security Advances over Rs.5 lacs and upto Rs.50 lacs, based on good track record and financial position, no collateral insisted upon.

Advances upto Rs.50 lacs guaranteed under Credit Guarantee Scheme of CGTSI (NOW KNOWN AS CGTMSE ) without collateral security. OTHER OPTIONS:-

Amount of loan liberally sanctioned at 20% of projected annual turnover basis. Comfortable margin options available Composite loan limit has been raised to Rs.100 lacs. Simplified loan application forms for convenience of borrowers Loan Applications complete in all respects duly receipted & acknowledged. Incentives under TUF Scheme are available Loans under margin money scheme of KVIC under REGP for setting up viable village industries. Open Term Loan scheme for SMEs. Oriental Business Card Scheme (OBCS) / Oriental Artisans Card Scheme (OACS) upto a limit of Rs. 10 lac and Rs. 2 lac respectively.

Co-financing arrangement with SIDBI. Focussed attention to SME Units at our 17 Specialized SME Branches located in different parts of the country.

Speedy Processing within specified time norms Upto Rs.2 lacs Over Rs.5 lacs 2 weeks 6 weeks

Over Rs.2 lacs and upto Rs.5 lacs 4 weeks

CHANGE IN DEFINITION OF SMALL & MEDIUM ENTERPRISES ALIGNED TO MSMED ACT, 2006 OLD DEFINITION Small Scale Industrial Unit: A small scale industrial unit was an industrial undertaking in which investment in plant and machinery, does not exceed Rs. 1 crore except in respect of certain specified items,namely, hosiery, hand tools,

drugs and pharmaceuticals, stationery items and sport goods where the investment limit was up to Rs. 5 crore. Medium Enterprises (ME): A unit with investments in plant and machinery in excess of SSI limit and upto Rs. 10 crore is treated as Medium Enterprises (ME). REVISED DEFINITION W.E.F APRIL 2007 Revised definition is in two parts, one for manufacturing and the other for services sector a) Manufacturing Sector: Enterprises engaged in the manufacture or production, processing or preservation of goods , further sub- divided into three categories. A micro enterprise A small enterprise A medium enterprise b) Service Sector: Enterprises engaged in providing or rendering services, sub- divided into three categories A micro enterprise A small enterprise A medium enterprise Definitions of each category are as under: a) Manufacturing Sector: Enterprises engaged in the manufacture or production, processing or preservation of goods as specified below: i) ii) iii) A micro enterprise is an enterprise where original investment in plant and machinery does not exceed Rs. 25 lakh; A small enterprise is an enterprise where the original investment in plant and machinery is more than Rs 25 lakh but does not exceed Rs. 5 crore; and A medium enterprise is an enterprise where the original investment in plant and machinery is more than Rs. 5 crore but does not exceed Rs. 10 crore.

b) Service Sector: Enterprises engaged in providing or rendering of services and whose investment in equipment are specified below. (i) A micro enterprise (service sector) is an enterprise where the investment in equipment does not exceed Rs. 10 lakh; (ii) A small enterprise (service sector) is an enterprise where the investment in equipment is more than Rs. 10 lakh but does not exceed Rs. 2 crore; and (iii) A medium enterprise (service sector) is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore. The service sector will also include small road and water transport operators, small business and professional and selfemployed persons. Note: SME Priority & Non Priority Segments As per revised definition, SE units with investment in plant & machinery upto Rs. 5 crore and service sector where the investment in equipment does not exceed Rs. 2 crore will be covered under Priority Sector.

5)

Banker's Fair Practice Code

FAIR PRACTICES CODE FOR LENDERS - UPDATED GUIDELINES Objective of the policy The primary objective of the policy is to promote better understanding between the borrower and the Bank, develop cordial relationship and also create healthy lending practices. The policy would apply prospectively to all advances irrespective of the amount of loan. The Policy, broadly, covers the following:

Providing Information to the borrower in the Loan Application Form about the Fees / Charges on processing of loans, pre-payment options, refund of fees etc. Acknowledgement to the Application. Scrutiny of the Loan Application. Appraisal and Assessment of the limits, terms and conditions, margin stipulations, etc. Time frame for disposal of Application. Types of fees / Charges being presently levied by the Bank and the stage at which the same is levied, refund of process fees in case of non-acceptance of application, Pre-payment options, etc. Reasons for Rejection or Non-acceptance of the Application. Grievances Redressal System. PROVIDING INFORMATION TO THE BORROWER IN THE LOAN APPLICATION FORM ABOUT THE FEES / CHARGES ON PROCESSING OF LOANS, PREPAYMENT OPTIONS, REFUND OF FEES ETC. At present, the Bank has three types of loan application forms: LF1-Common for Industrial & Conventional Loans except Retail Credit & agricultural Loans, LF2- Loan Application-cum Appraisal / Sanction Form for all Retail Schemes; LF3- Loan Application for Agricultural Loans. The Bank will enclose as an allonge attached to the application giving details of: fee/charges, if any, payable by the borrower for processing, the amount of such fees refundable in the case of non acceptance of application, pre-payment options including penalty on pre payment. check list in respect of information/papers required by the Bank for considering loan. any other matter which affects the interest of the borrower such as availability of subsidy, etc. "All in cost" charges to the borrower involved in processing/sanction of loan application. The above measure would facilitate the borrower to have a meaningful comparison with other banks and take informed decision. ACKNOWLEDGEMENT OF LOAN APPLICATION The Bank will provide acknowledgement of the loan applications received from borrower immediately on receipt of duly filled in Loan Application Form as per Annexure-I enclosed SCRUTINY OF THE LOAN APPLICATION The Bank will scrutinize the Loan application submitted by the applicant and additional information, if any, required should be called promptly to facilitate expeditious disposal of the application. APPRAISAL AND ASSESSMENT OF THE LIMITS, TERMS AND CONDITIONS, MARGIN STIPULATIONS, ETC. The Bank will properly appraise and assess the loan proposal in line with the guidelines issued from time to time including terms and conditions to be complied with, margin stipulations as laid down, and the sanction shall be conveyed to the applicants. CONVEYING THE TERMS AND CONDITIONS OF SANCTION OF LOAN TO THE BORROWER AND KEEP BORROWER'S ACCEPTANCE OF THE SAME. The Bank will convey to the applicant the credit limit along with the terms and conditions thereof and other caveats governing credit facilities arrived at after negotiation with the applicants and duly certified by the authorized official. The Bank will also keep the borrower's acceptance of these terms and conditions given with his full knowledge on record. The Bank will clearly stipulate credit facilities which are solely at its own discretion. These may include approval or disallowance of facilities, such as,

i. drawings beyond the sanctioned limits,

ii. honouring cheques issued for the purpose other than specifically agreed to in the credit sanction, iii. disallowing drawing on a borrowal account on its classification as a non-performing asset or iv. on account of non-compliance with the terms of sanction. It is further stated that Bank does not have an obligation to meet further requirements of the borrowers on account of growth in business etc. without proper review of credit limits. TIME FRAME FOR DISPOSAL OF APPLICATION The under noted timeframe will be adhered to. S. No. i ii iii Category of Borrower and Time norms for disposal after Submission of all required Size of Limit papers / information sought by the Bank. Loan upto Rs.25000/= within 2 weeks Loan above Rs.25000/= and within 4 weeks upto Rs.5.00 lac. Above Rs.5.00 lac within 30 days (a) Exports Credit (b) All other within 45 days

TYPES OF FEES / CHARGES BEING PRESENTLY LEVIED BY THE BANK :

1) For total credit limits (fund based + non fund based) upto Rs. 1.00 crore Process fee shall be leviable as per existing system i.e. at the prescribed rate after the sanction of the loan facility and in case of disbursement only. 2) For total credit facility (fund based + non fund based) above Rs.1.00 crore 25% of the applicable process fees /upfront fees shall be charged before conveying sanction and remaining 75% shall be recovered before disbursement. This should be made clear to the borrower at the time of accepting loan application.

PREPAYMENT OPTIONS FOR THE BORROWER Pre-payment options available to the borrower and the penalty payable by him is as follows: 1. In case of Housing Loans, One-time pre-payment penalty of 2% on the outstanding balance is payable in case a customer intends to transfer the loan account to other bank / FI directly / indirectly. However prepayment upto 25% per annum shall not attract any penalty. 2. In cases of other term loans, if the loan is prepaid by the borrower for shifting to other Bank/FI, pre-payment charges of 1% of the total outstanding shall be levied by the Bank. COMMITMENT CHARGES a) Working Capital Limits- For WC-Fund based limit of Rs 5 Crore and above at the rate of 0.50% of unavailed limit. b) Term Loan over Rs 10.00 Crore- For Term Loan of over Rs 10 Cr with less than 50% at the rate of 0.25% of unavailed portion. Utilisation level in relation to short drawls as per draw down schedule. Commitment charges shall be levied on quarterly basis.

The commitment charges shall not be levied on the following limits: 1) Term Loan upto Rs 10.00 crore 2) Working capital limits sanctioned to sick /weak units. 3) Limits sanctioned for export credit (both pre-shipment and post-shipment) as well as against export incentives viz. duty drawback, cash compensatory support, etc. Inland bill limits extended by way of bills purchased / discounted or overdraft / cash credit limit / sub-limit against bills for collection.

4) Credit limits granted to commercial banks, financial institutions and co-operative banks including land development banks.

REASONS FOR REJECTION OR NON-ACCEPTANCE OF THE APPLICATION The Bank will communicate in writing the reasons which in the opinion of the Bank has led to rejection of the loan application. FURNISHING COPY OF LOAN AGREEMENT The Bank will furnish a copy of the loan agreement along with a copy of all enclosures quoted in the loan agreement to all the borrowers at the time of sanction/disbursement of loans. GRIEVANCES REDRESSAL SYSTEM The Bank has set up a Grievance Redressal System. In case of any dispute/ grievances, the same shall be disposed off as under: S. Sanctioning Authority Grievances Redressal Authority No. 1. Credit facilities sanctioned Regional Office under Branch power 2. Credit facilities sanctioned General Manager (Credit): for Corporate Loans & all under Regional Office power other advances other than Agricultural/Retail) General Manager(SLPS):for Retail Loans, Agricultural Loans etc. Credit facilities sanctioned General Manager (Credit)/ under Head Office power General Manager (SLPS)/ Executive Director/ Chairman & Managing Director DISBURSEMENT OF LOANS INCLUDING CHANGES IN TERMS AND CONDITIONS The Bank will ensure the timely disbursement of loans sanctioned in conformity with the terms and conditions governing such sanction. The Bank will also give notice of any change in the terms and conditions including interest rates, service charges etc. POST DISBURSEMENT SUPERVISION The Bank will supervise the post disbursement of loan particularly in respect of loans upto Rs.2 lakhs with a view to taking care of any' lender-related' genuine difficulty" that the borrower may face.

3.

Before taking a decision to recall / accelerate payment or performance under the agreement or seeking additional securities, the bank will give notice to borrowers, as specified in the loan agreement or a reasonable period, if no such condition exists in the loan agreement. RELEASE OF SECURITIES The Bank will release all securities on receiving payment of loan or realisation of loan subject to any legitimate right or lien for any other claim the bank may have against borrowers. If such right of set off is to be exercised, the bank will give notice about the same with full particulars about the remaining claims and the documents under which the bank is entitled to retain the securities till the relevant claim is settled/paid.

GENERAL

a. The Bank will restrain from interference in the affairs of the borrowers except for what is provided in the terms and conditions of the loan sanction documents (unless new information, not earlier disclosed by the borrower, has come to the notice of the bank).

b. The Bank will not discriminate on grounds of sex, caste and religion in the matter of lending. However, this does not preclude lenders from participating in credit-linked schemes framed for weaker sections of the society. c. In the matter of recovery of loans, the Bank will not resort to undue harassment viz. persistently bothering the borrowers at odd hours, use of muscle power for recovery of loans, etc. d. The Bank will convey its consent or otherwise objection within 21 days from the date of receipt of request for transfer of borrowal account, either from the borrower or from a bank/financial institution, which proposes to take- over the account.

Forms Warehouse

o o o o o o o o o o o o o o o o o o o o o o o o o o

Account Opening Form for Individuals Customer Identification Form OF-1A Composite Account Opening Form OF-1B Account Opening Form for other than Individuals Account Opening Form for Other Than Individuals OF-5B Authorized Signatory Identification Form OF-5A Other Forms Form for FCNR/NRE/NRO/RFC A/C opening Form 60- Declaration for not having PAN/GIR number Oriental Bank Mediclaim Form Indemnity for Duplicate Dividend Warrant Form 15-G Form 15 H Real Time Gross Settlement Form National Electronic Fund Transfer ECS Mandate Form SMS Alert Service Form Mobile Banking Application Form ATM Application Form Chargeback Form for ATM / POS Failed Transactions Application Form Registration for Payment of Tax through ATMs Retail Internet Banking Application Form Corporate Banking Application Form Loan Form for all Retail Schemes Declaration Form Annexure forms for Various Loans Appraisal Form for all Retail Credit Schemes Acknowledgement Slip Term Loan Agreement document

CHARGES FOR ACCESSING CIBIL DATABASE AND GENERATING CIBIL REPORTS FOR LOANS

https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_cibil.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel2_BCSBICode28.10.09-Website.pdf https://www.obcindia.co.in/obcnew/upload/obc/mse.pdf

SERVICESORIENTAL BANK MEDICLAIM POLICY Oriental Bank of Commerce signed an agreement with The Oriental Insurance Company Ltd. to launch "ORIENTAL BANK MEDICLAIM" Policy on 3rd Oct. 2011. The Product is designed exclusively for the A/c Holders of OBC and is available in all OBC Branches across the country.

SALIENT FETURES: A family floater scheme covering 4 family members (Proposer + Spouse + 2 dependent Children aged 3 months to 26 years). Age group covered - 3 months to 79 years. No Pre - medical examination required, only declaration. Cash less facility available at network hospitals. Cover available for Minimum Sum Insured of Rs.1 Lac, up to Rs. 5 Lac, in multiple of Rs.1.00 Lac. The Premium Structure (Inclusive of Service Tax) is as under: Sum-Insured ' 1 Lac ' 2 Lac ' 3 Lac ' 4 Lac ' 5 Lac Premium(Including S. Tax) ' 1717 ' 3259 ' 4536 ' 5674 ' 6705

Pre - Existing diseases are covered after 3rd completed years without break. Income Tax benefit under 80D of the IT act. For more details please visit our nearby Branch or Click Here

Mandatory Disclosure for distribution of insurance Products, as per RBI's Directives. Insurance is a subject matter of solicitation and the Policy is issued, based on contract between the Insured and Insurer Participation by customers is on voluntary basis. The contract will be between Insured & Insurer and not between Insured & the Bank Financial Inclusion

1. 2. 3. 4.

Type of banking services offered: A pure saving product with inbuilt overdraft facility. A Recurring Deposit product. A Remittance product Entrepreneurship credit in the form of Oriental Green Card, General Credit Card & Oriental Grameen Swarozgar Card.

Click here

for the Names of 300 allotted villages with name of BC agents

NRI services Forex remittances FACILITIES FOR RELEASE OF FOREIGN EXCHANGE TO RESIDENTS-

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Oriental NRI Premium Deposit Account. Particulars Oriental NRI Premium Deposit Account- Features NRIs (Citizens of Bangladesh/ Pakistan nationality require Who is eligible prior approval of RBI) FCNR (Term Deposit) Type of Account 1 Year Tenor of Deposit A minimum amount Equivalent of USD 5000. There is no Minimum Amount restriction on the maximum amount Currency in which the The Deposit would be denominated in Pound Sterling, US Deposit Receipt would be Dollar, Euro, Canadian Dollar and Australian Dollar. denominated Branches which can operate Branches Authorized to deal in Foreign Exchange this scheme Manner of receipt of Funds. 1. Inward Remittance from Abroad in permitted currencies SWIFT, Telegraphic Transfers, personal cheques drawn on accounts maintained abroad, Drafts issued by Banks/ Exchange Companies abroad 2. Conversion from NRE Account at the appropriate exchange Rate. 3. Proceeds of Foreign Currency Notes/Travellers Cheques tendered in person by NRI during personal visit to India. Amounts in excess of USD 5000 (or equivalent) in currency or USD 10,000 (or equivalent) in Travellers Cheques should be accompanied by a Currency Declaration orm. How the Scheme Works The Customer places an FCNR deposit for a period of 1 year from the funds received by any of the methods mentioned above. Customer indicates his intention to place the funds in Oriental NRI Premium Deposit Account by submitting his AOF along with an application to book forward contract The positive premium available in the market will accrue as an additional return to the customer. FD is prepared and forward contract is booked by the Branch for the maturity proceeds due on maturity date. Original FDR and application for forward contract is retained by branch and attested copy of FDR along with confirmation of Forward

contract is handed over to the customer On due date, bank will buy FC maturity proceeds at the specified rate and credit the rupee equivalent in his nominated NRE a/c. Currency of Payout to the The Foreign Currency Funds will be converted to Indian Rupees at the contracted rate by utilizing the Forward Purchase Customer on maturity contract, booked at the time of creating the FCNR and the customers NRE account will be credited in Indian Rupees. The Rate of Interest as applicable to FCNR deposit of tenor 1 Return to the customer year would be applicable. The premium available in the market which would accrue on account of booking of the forward contract would be an additional benefit The scheme would benefit those NRI customers who wish to Benefit of the scheme keep their funds in NRE-FD. The scheme would be beneficial till such time there is positive forward premium available in the market. In the names of two or more non-resident individuals provided Joint account all the account holders are persons of Indian nationality or origin. Permitted Nomination Repatriable Repatriablity Operations by Power of Operations in the account in terms of Power of Attorney is Attorney in favour of a restricted to withdrawals for permissible local payments or resident by the non-resident remittance to the account holder himself through normal banking channels account holder Loans In India Permitted only up to Rs.100 lakhs i) to the Account holder Permitted only up to Rs.100 lakhs i) to Third Parties Pre-mature Breakage of Permitted FCNR Consequence of Pre-mature Since the FCNR Deposit is booked for 1 year, no interest is payable as per RBI guidelines for deposits less than 1 year. Breakage of FCNR The forward Contract would have to be cancelled prematurely and the loss, if any accruing on account of such cancellation will have to be recovered from the customer. Further, a forward contract once cancelled is not eligible to be re-booked. Premature Cancellation of Permitted. The Deposit will continue as a normal FCNR Deposit. Similar consequences as mentioned in the column Forward Contract above would apply. Since the term deposit will be in the form of FCNR, as per Tax Benefit existing rules; income earned by way of interest on deposits under FCNR Scheme is exempted from income tax. Documentation 1. OFE 148/529 (Revised 2001) - NRE/FCNR/ NRO Account opening forms duly filled up 2. Application for forward contract in triplicate 3. Confirmation from customer of the forward contract booked on his behalf

and a stamped Contract Note to be executed by the customer (stamping in accordance with the stamp duty applicable to the particular state. Charges for Booking Forward Contract Illustration 4. In case the customer is not having a NRE a/c, the same to be opened. of NIL

A comparative study of the Return to customer on his deposit under this scheme vis a vis the return on NRE Deposit (say at a particular time on 02nd June 2011) is given below: Return in case Funds are Return in case of Funds Return in case Funds are placed in placed in NRE Fixed Lying in NRE Savings Oriental NRI Fixed Deposit Deposit for 1 Year Account Account Initial Deposit: Rs 5,00,000/- Initial Deposit: Rs Rate of interest: 2.48% 5,00,000/Return After 1 year: Rs Rate of interest: 4% 5,12,400/Return After 1 year: Rs Initial Deposit: Rs 5,00,000/5,20,000/Spot Rate: 45.00* Forward Contract Rate: 47.37* (* The rates are subject to change from time to time.) Amount Converted to FCNR Deposit Effective Return: 2.48% of USD 11,111.11 Effective Return: 4% FCNR Interest for 1 year: 1.73% Maturity value of FCNR: USD 11,303.33 Maturity value of FCNR converted back to rupee using the forward contract rate: Rs 5,35,439/Effective Return: 7.09%

Representative Office - Dubai

ORIENTAL BANK COMMERCE REPRESENTATIVE OFFICE

OF

Facilities OBC is proud of its association with NRIs and takes special pride in serving them through various tailormade products designed to suit all requirements of NRIs.

All the service outlets of OBC are fully computerized and all branches are connected through Centralized Banking Solution, Internet Banking and Phone Banking. So the customer of an OBC Branch is a CUSTOMER OF ALL CBS BRANCHES since we are offering Any Branch Banking (ABB) & Multi city Cheque Book facility to CBS Customers. Visa Debit Card holders of the Bank have access to over 90,000+ ATMs of other member banks of VISA and NFS in the country for host of services like withdrawal and Balance enquiries and to effect card payment for shopping in India and abroad through over 28 Million Point of Sale (POS) locations. Cardholders of member Banks of VISA/NFS/MITR can also use our ATMs for cash withdrawal and balance enquiry.

We are herein below sharing the bouquet of Foreign Exchange related and Banking facilities available to our esteemed NRIs with OBC; along with extant Investment and other Govt./RBI guidelines.

Facilities being provided to NRIs 1.Remittances to India With a view to facilitating efficient flow of inward remittances, OBC has set up correspondent banking relationships with almost all the major International Banks across the globe. OBC opens foreign currency accounts in which NRIs can send remittances to India in any major currency such as Pound Sterling, US Dollar, Euro, Japanese Yen, Canadian Dollar, Australian Dollars, Singapore Dollar, Swiss Franc, Hong Kong Dollar etc. through SWIFT/ telegraphic transfers/ demand drafts from any corner of the World. OBC has also entered into an arrangement with Western Union for remittances up to USD 2500 or its equivalent and has also made arrangements for transfer of money from middle east countries through three Exchange Houses 2.Deposit Accounts NRIs are welcome to open their following type of deposit accounts by downloading the Account Opening Forms, current rates of interest offered on different types of accounts and other information from our website www.obcindia.com.

2.a) Foreign Currency (Non Resident) Account (Bank) Scheme Under this FCNR (B) scheme, NRIs have a choice to open Term Deposit accounts in Pound Sterling, US Dollars, Canadian Dollars, Australian Dollars, Euro and Japanese Yen with minimum maturity of one year and maximum of five years. Interest income and balances in these accounts are free from all Indian taxes. The funds can be repatriated without permission from Reserve Bank of India.

2.b) Non Resident External (Rupee) Accounts

Under this NRE deposit segment, all types of accounts viz. Current, Savings, Fixed, Cumulative and Recurring Deposits can be opened in Indian Rupees by NRIs by converting their foreign currency funds into Indian rupees. Funds lying in these accounts as well as interest earned thereon are free from all Indian taxes. Funds are fully repatriable without any permission from Reserve Bank of India. Funds lying in these accounts can also be invested on repatriable and non-repatriable basis as outlined in the succeeding paragraph 3 (a) and (b) below.

2.c) Non-Resident Ordinary Rupee Accounts These NRO accounts can be opened in Indian rupees in the form of Current, Savings, Fixed, Cumulative and Recurring Deposits by converting existing domestic deposit accounts into NRO or even through foreign remittance sent by NRIs. The funds from NRO accounts can be freely used for making all rupee payments, investments, purchase of immovable properties etc. in India.

Procedure for opening Non Resident Accounts The following documents are required for opening Non Resident Accounts as mentioned in paras 2.a) to 2.c).:

i. Identify/Address proof viz. Passport/International driving licence or attestation of Account Opening Form by their banker outside India or by an Official of Indian Embassy or Consulate under their seal and signatures. Two Passport size photographs of the proposed account holder. Specimen signatures. 1.SPECIAL FACILITIES 1.a) Hedging facility Hedging facility is also available on the funds lying in the Foreign Currency (Non Resident) Account (Bank) Scheme and Non Resident External (Rupee) Accounts as well as interest earned thereon.

1.b) Provision of remittance under NRO account According to the existing FEMA guidelines, NRIs can remit upto USD 1 million or its currency equivalent, every financial year out of the funds held in NRO accounts. This includes sale proceeds of immovable property. In case of residential properties, sale proceeds of two such properties can be remitted within the above mentioned amount without any reference to Reserve Bank of India.

2.Loan Schemes for NRIs 2.a)Loan against Bank Deposits

NRIs can avail loan against their NRO, NRE and FCNR(B) Term Deposits for personal purposes or for carrying out their business activities, for making direct investment in India or acquisition of flat/houses in India for their own residential use. Loans are also available to resident individuals/firms/companies against the Term Deposits held by Non-Residents for any type of fund based and/or non-fund based activities subject to compliance of certain guidelines issued by Reserve Bank of India.Non Resident Indians may also avail loans outside India against their NRE/FCNR(B) deposits held with us for themselves or third parties for bonafide purposes through our correspondent banks abroad.

Note : Loans to Non Residents/ Third Party, against security of Non Resident (External) Rupee Accounts (NR(E)RA)/ Foreign Currency Non Resident FCNR(B) deposits.

Reserve Bank of India has issued amended guidelines vide its circular RBI/2008-09/462 A.P. (DIR Series) No.66 dated 28.04.2009 under the subject scheme: the maximum amount of loan that can be granted to NRIs against their own deposits held under Non Resident(External) Rupee Accounts and Foreign Currency Non Resident deposits FCNR (B) Accounts and to third parties against these deposits, shall not exceed Rs.100 lacs. Further, artificial slicing of the loan amount to circumvent the ceiling of Rs.100 lacs is not permitted.

2.b) Loan against immovable properties NRIs may avail housing loan for purchase of any number of residential/ commercial properties. NRIs / persons of Indian origin having citizenship of Bangladesh, Pakistan, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan require prior permission from Reserve Bank of India for acquiring immovable property/ies in India. The loan amount can be used for NRIs personal/business requirements in India only. Repayment of the loan is to be made either out of fresh remittances from abroad or by debit to NRO/NRE/FCNR(B) account/NRI or out of the sale proceeds of the immovable property/ies.

2.c) Loan against securities of shares/convertible debentures. NRIs may avail any type of fund based/non fund based facility against the security of shares/convertible debentures for their personal requirement or for business purposes.4.d) Housing Loan in Rupees

NRIs can also avail rupee loan in India for purchasing a residential property in India from a bank or a house financing institution. 4.e) Rupee loan to NRIs/PIO employees. NRI/PIO employees of a body corporate registered/incorporated in India may also avail rupee loan for their personal purposes including the purchase of residential property in India provided such loans are repaid by fresh remittance from outside India or by debiting NRO/NRE/FCNR(B) account of the borrower.

3.Extant Investment Guidelines in India NRIs can make investments in India under the following Schemes:3.a) On 100% repatriable basis Investment in Government securities, Treasury bills, units of mutual funds, bonds and shares issued by Public Sector Undertakings Portfolio investment in shares purchased and sold through stock exchanges. Sale proceeds are freely repatriable abroad without permission from Reserve Bank of India after payment of applicable taxes in India provided the investments are made by remittances in foreign currencies or by debiting NRE/FCNR(B) account of the NRI.

3.b) On non-repatriable basis Investment in capital of a firm or proprietary concerns without any ceiling. Investment in Government securities, treasury bills, units of mutual funds, National Plan/Saving Certificates. Investment in shares and convertible debentures through private placement provided the Indian company is not engaged in agricultural/ plantation activities or real estate business or construction of farm houses or dealing in Transfer of Development Rights or dealing in Print Media. Portfolio Investment in shares and convertible debentures through brokers on stock exchanges subject to fulfillment of certain conditions. Sale proceeds of above mentioned securities are allowed to be repatriated outside India after payment of applicable taxes in India and after obtaining permission from Reserve Bank of India.

3.c) Investment in Immovable property No permission required to purchase a residential/commercial property. There is no restriction on the number of residential/commercial properties that a NRI can purchase. No return/form is required to be submitted to Reserve Bank of India after purchase of property. Purchase of agricultural/plantation property/farm houses is not allowed. Residential/commercial property can also be acquired by way of inheritance or gift from a resident in India. The purchase consideration for acquiring properties should be by way of fresh remittances in foreign exchange or by debit to NRE/FCNR (B) account of the NonResident. The properties, so acquired, can be sold to a person resident in India only. Such properties can be sold to another Non-Resident Indian or a person of Indian origin after obtaining RBI permission. There is no restriction on the number of sale of commercial properties. In case of residential property, sale proceeds can be remitted outside India in respect of two properties only within the overall limit of USD 1 million or its equivalent after payment of applicable Indian taxes. There is no lock-in-period either for sale of immovable property or for remittance of proceeds thereof abroad. The sale amount, so repatriable, should not exceed the foreign exchange brought into India for purchase of properties or the amount debited to NRE/FCNR(B) account.

4.PIO Card Scheme

4.a) Persons of Indian origin other than citizen of Bangladesh or Pakistan may avail of the facility of acquiring a PIO Card if :At any time, he/she held an Indian passport; or He/she or either of his/her parents or grand parents or great grand parents was borne in India and permanently resident in India as defined in the Government of India Act, 1935 and other territories that became part of India thereafter provided neither was at any time a citizen of any country as may be specified by Central Government from time to time; or Who is a spouse of a citizen of India or a Person of Indian Origin as mentioned above.

The scheme is broad-based, covers upto four generations and also the foreign spouse of a citizen of India or A PIO. 4.b) A PIO card holder is at par with NRIs in respect of all facilities in economic, financial fields and for getting admission to educational institutions in India including medical colleges, engineering colleges, Institute of Technology, Institute of Management etc

NRI Who is a 'Non-Resident Indian'? Non-Resident Indian (NRI) means a person resident outside India who is a citizen of India or is a person of Indian origin. Who is a resident outside India? The term resident outside India as defined by Section 2(w) of Foreign Exchange Management Act 1999 means a person who is not resident in India. Who is a person resident in India (For individuals only)? Section 2(v) of Foreign Exchange Mangement Act 1999 defines 'person resident in India' as a person residing in India more than one hundred and eighty two days during the course of the preceding financing year but does not include: 1. (a) (b) (c) A person who has gone out of India or who stays outside India, in either case, for or on taking up employment outside India, or for carrying on outside India a business or vocation outside India, or for any purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period. A person who has come to or stays in India, in either case, otherwise than: for or on taking up emplyments in India, or for carrying on in India a business or vocation in India, or for any other purpose in such circumstances as would indicate his intention to stay in India for an uncertain period.

2. (a) (b) (c)

From the above definition inference can be drawn that a non-resident means a person who has gone out of India or stays outside India in either case. 1. 2. for or taking up employment or for carrying on business or vocation outside India or for any other purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period.

Temporary visits to India for tourism, travel etc. by non-resident will not effect his non-resident status. Similarly, residents going abroad on business trips, medical treatment, tourism, education etc. shall continue to be treated as person resident in India during their termporary stay abroad. Check your eligibility for opening an NRE / NRO /FCNR/ RFC account as a Non-Resident Indian. In case you fulfil the conditions, please read instructions regarding 'How to open the account' and 'Modes of remittance' of funds before downloading Account Opening Form. PIO A. For the purposes of borrowing and lending in rupees, deposits, remittance of assets and transfer or issue of security by a person resident outside India: Person of Indian Origin means a citizen of any country other than Pakistan or Bangladesh, if, 1. He, at any time, held an Indian passport, 2. He or either of his parents or any of his grand parents was a citizen of India by virtue of the Constitution of India or Citizenship Act, 1955 (57 of 1955), 3. The person is a spouse of an Indian Citizen or a person referred to in sub clause (1) or (2) B. For the purpose of investments in firm or proprietary concern in India: C. Person of Indian Origin means a Citizen of any country other than Pakistan or Bangladesh or Sri Lanka, if, 1. He, at any time, held an Indian passport, 2. He or either of his parents or any of his grand parent was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955), 3. The person is a spouse of an Indian citizen or a person referred to in sub clause (1) or . D. For acquisition and transfer of immovable property in India: Person of Indian Origin means an Individual (not being a citizen of Pakistan or Bangladesh or SriLanka or Afganistan or China or Iran or Nepal of Bhutan) who 1. He, at any time, held an Indian passport, 2. who or either of whose father or whose grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act 1955(57 of 1955). Check your eligibility for opening an NRE / NRO / FCNR / RFC account as a Non-Resident Indian (Person of Indian Origin). In case you fulfil the conditions, please read instructions regarding 'How to open the account' and 'Modes of remittance' of funds before downloading Account Opening Form. How to Open the Account Down load the Account Opening Form and complete the same in all respects. The account opening form be got verified / attested / properly introduced and following papers be attached with it. 1. 2. 3. Self attested passport size photograph(s) duly affixed on the account opening form. Photocopy of the relevant pages of the passport containging particulars of the applicants visa etc. Self attested copies of Memorandum, Articles of Association etc., wherever required. The Account Opening Form complete in all respect be forwarded to the branch of your choice &(branches authorsied for foreign exchange business) with a letter giving details of the remittance effected for opening the account.

The letter may also give the detail of the local person / relative of the account holder to enable the bank to contact him in case of need. The account opening form with enclosures and remittance instrument may also be forwarded by you to your local representative / relation for facilitating opening of the account. Modes of remittances Remittances for opening / crediting of the account may be done in any of the following methods:i. By Foreign Currency Drafts / Cheques payable in India or abroad.The account holder may send such drafts / cheques directly to the branch maintaining the account giving details of the account (i.e. name and account number in which the proceeds are to be credited). The account of the depositor will be credited as per the arrangement. The foreign currency instruments will be converted into rupees at the market rate. In case the funds are to be kept in foreign currency account (like FCNR), the letter should contain clear instructions to this effect. By Telegraphic transfers Remittances may also be arranged through your overseas banker by telegraphic transfers. Our bank maintains foreign currency accounts in all the major currencies of the world. The detail of our accounts (Nostro Accounts) in USA, UK, Germany, Canada, Australia are given separately. Remittances through any of our foreign currency accounts may be arranged through your overseas bankers. However, the telegraphic transfer must contain complete information of your account where the funds are to be ultimately credited (i.e. account number, branch name and purpose of remittance). TYPES OF ACCOUNTS Non-Residence External Non-Resident External Account (NRE) Accounts can be opened by remittances from abroad/transfer from existing NRE/FCNR accounts/deposit of foreign exchange brought during visit to India. All types of accounts viz. Current, savings and Term Deposit Accounts can be opened jointly with any other Non-Resident Indian. Joint accounts with residents are not permitted. Non-Resident Indians can appoint residents to operate their NRE accounts for local payments through a power of attorney / letter of authority. Transfer of funds between NRE accounts of different persons for genuine personal purposes freely permitted. Export payments from NRE account also permitted. Withdrawls for local payments are freely permitted. Forward exchange cover for Term Deposit funds available. Interest paid on maturity or quarterly intervals as per customer's request on Term Deposits. Loans against deposits are available. Nomination facility available. Repatriation of the balance including interest in any convertible currency is permitted. Tax Benefits Interest earned on these accounts is free from Income Tax in India. Non-Residence Ordinary Non-Resident Ordinary Account (NRO) When a Resident acquires the status of NRI, all existing domestic accounts become NRO Accounts. NRO Account can also be opened by remittances from abroad wherein legitimate dues in Rupees of the account holder in India can also be credited. Funds cannot be reptriated without prior permission of RBI. NRO accounts may be opened jointly with resident Indian. Interest earnings are subject to Tax deductible at source. All types of accounts viz. Current, Savings and Term Deposits are opened. On application, repatriation of the entire interest income (Net of taxes) earned on the account is permitted. Nomination facility available. NRO account can also be opened by person of non-Indian Origin (other than indiviidual / entities of

ii.

Bangladesh / Pakistan nationality / ownership). Opening of accounts by Individuals / entities of Bangladesh / Pakistan nationality / ownership require RBI approval. Foreign Currency Non-Residence Foreign Currency Non-Resident Account (FCNR) Account may be opened in USD, GBP, EURO, AUD, CAD AND JPY in Term Deposits only. No exchange loss as interest and principal are freely repatriable in currency of deposit. Deposits can be made by remittances from abroad or by funds held in existing NRE accounts or by depositing foreign exchange brought during visit to India. Accounts can be opened jointly with other Non-resident Indians. Loan facility available In India and abroad. Period varies from 1 Year to 5 years. Interest paid on maturity or half yearly intervals as per customers request. Nomination facility available. Deposits freely transferable between different NRIs for any purpose. Export payments also permitted from FCNR accounts. Forward cover facility also available. Tax Benefits Interest earned on these accounts is free from Income Tax in India. Resident Foreign Currency Resident Foreign Currency Account (RFC) NRIs who have returned to India after one year's continuous stay abroad are permitted to open these accounts. Account may be opened in any permitted foreign currency. Joint account permitted with other eligible persons. Account may be opened in the form of Savings, Current or Term Deposits. Balance in NRE / FCNR is transferable to RFC account (other than NRE Rupee accounts of erstwhile Bilateral Group of Countries). Balance can be used to make bonafide remittances overseas without any prior approval. Funds arising out of the eligible assets acquired while remaining a NRI including deposits, investment outside India and overseas employment benefits like pension, gratuity etc, are eligible for credit. Balance lying in RFC account may be converted to FCNR / NRE accounts on resident becoming non-resident. o o o o o o o o o o o o o o Account Opening Form for Individuals Customer Identification Form OF-1A Composite Account Opening Form OF-1B Account Opening Form for other than Individuals Account Opening Form for Other Than Individuals OF-5B Authorized Signatory Identification Form OF-5A Other Forms Form for FCNR/NRE/NRO/RFC A/C opening Form 60- Declaration for not having PAN/GIR number Oriental Bank Mediclaim Form Indemnity for Duplicate Dividend Warrant Form 15-G Form 15 H Real Time Gross Settlement Form National Electronic Fund Transfer ECS Mandate Form SMS Alert Service Form

o o o o o o o o o o o o

Mobile Banking Application Form ATM Application Form Chargeback Form for ATM / POS Failed Transactions Application Form Registration for Payment of Tax through ATMs Retail Internet Banking Application Form Corporate Banking Application Form Loan Form for all Retail Schemes Declaration Form Annexure forms for Various Loans Appraisal Form for all Retail Credit Schemes Acknowledgement Slip Term Loan Agreement document Correspondent Banks in Foreign Countries Name of the Correspondent Swift Code Bank Bank of America, BOFAUS3N New York Bank of New York Mellon, New IRVTUS3N York Citi Bank, CITIUS33 New York HSBC Bank USA, MRMDUS33 New York Wells Fargo Bank, PNBPUS3NNYC New York HSBC, MIDLGB22 London Deutsche Bank AG, DEUTDEFF Frankfurt The Royal Bank of Scotland, RBOSNL2A Amsterdam Standard Chartered Bank, SCBLDEFX Frankfurt Bank of Nova Scotia, NOSCCATT Toronto UBS AG, UBSWCHZH80A Zurich ANZ Banking Group Ltd, ANZBAU3M Melbourne Wells Fargo Bank, PNBPJPJX Tokyo Oversea Chinese Banking Corp. OCBCSGSG Ltd., Singapore Citi Bank N.A., CITIHKHX Hongkong Den Danske Bank, Copnehagen DABADKKK Skandineviska Enskilda Banken, ESSESESS Stockholm

Currency USD USD USD USD USD GBP EUR EUR EUR CAD CHF AUD JPY SGD HKD DKK SEK

Oriental Bank of Commerce Nostro Account No. 6550492111 8900405686 36152559 000 304280 2000191001534 00263990 10095353860000 0530553341 424-017512810 0279412 023 000000 9462 9050000M 23154800001 99843069 501 217210 001 5825201019 3007500793 520 18509675

Oriental Bank of Commerce's Speed Remittance Services -------------------------------------------------------------------------To facilitate immediate credit to individual beneficiaries in India, our Bank has introduced a new service known as OBC Speed Credit Service. The facility ensures speedy credit of remittances from anywhere in the world for individual beneficiaries, holding personal accounts with us. However, to enable us to provide quick service, remitters must ensure that the details of the remittance i.e name of the beneficiary, 14 digit account no. and name of the branch are correctly stated. Remittance can be sent to India using OBC's vast network of correspondents across the globe. The Remittance Format to be given to your bank for transferring money from any where in the globe to your OBC Account is given below with the details of major Correspondent banks along with their Swift code and our Nostro Account Number. The remittance is handled at the following address of our bank: Oriental Bank of Commerce, REMITTANCE CELL, International Banking Division, Fourth Floor, Competent House, F-14 Middle Circle, Connaught Place, New Delhi 110 001. Phones: 011 - 47651942 / 47651928 E-mail : nricell@obc.co.in Swift Field 54 A Receiver's Correspondent Swift A Institution Field Account 57 Oriental Bank of Commerce, International Banking Division, With New Delhi SWIFT Code (ORBCINBBIBD) Account No. (Our Nostro account Number as given in Annexure below) Swift Field 59 Beneficiary Customer Customer's 14 Digit Account Number (essential) Account holders name and OBC branch where the Customer maintains the account. Correspondent Bank Name/SWIFT Code (List given in Annexure below)

Swift 72 Receiver Information Sender

Field to

Purpose of Remittance (Eg: Family maintenance, FCNR NRE -NRO Deposits, Investment in Shares etc.)

PREMIUM SERVICES

Internet Banking

Introduction Facilites offered Operational and Security guidelines Internet Banking Form FAQ'S R.T.G.S. FAQs on RTGS Real Time Gross Settlement System (RTGS), is a modern, robust, integrated payment and settlement system. RTGS is a system whereby the Banks and Financial Institutions maintaining accounts with RBI can transfer funds to one another on an immediate, final and irrevocable basis during business hours. The Facility can be used for Fund Transfer to other Bank on behalf of the customers. This is R41 transaction and funds are transferred by debiting customers account to the destination account of other participating bank directly without any manual intervention. For this purpose correct destination account number and IFSC code of the destination bank / branch is required from the customer availing this facility.

Eligibility Criteria For Customer Transactions Fund Transfer through RTGS can be availed by the customers who maintain their operative accounts viz., Savings Bank, Current Account. This facility can also be allowed to CC / OD account etc., subject to ensuring end use of funds. Outward / Inward remittance facility under RTGS is offered to the customers of all our branches. This facility is not extended to Non - Customers. This facility is not available to customers against cash payment.

Benefits of the System for the Customer Pan Indian reach of all banks. Faster fund transfers. Operational convenience. Cost effectiveness. Minimum Transaction Amount for Fund Transfer is Rs.2.00 lac. There is no Maximum limit for transaction amount. Customers have to submit a request by filling up a form available in all CBS Branches along with the cheques/Debit instruction to the branch. The customer has to inform the beneficiaries account number, Name and IFSC code the Bank/ Branch where the funds are to be remitted.

IFSC (Indian Financial System Code) is an eleven digit code given to each branch of all banks which are participating in RTGS. The list of the branches participating in RTGS is also available in RBIs website www.rbi.org.in

Customer Monday Saturday CHARGES

Transaction to Friday

Operating 9.00 hrs.

Session hrs. to to

at 13.30

Branches hrs. hrs.

16.30

9.00

The details of the charges to be levied are as under: Type of Transaction Inward Remittance Outward Remittance Charges Not Prescribed. Rs.1 lakh to Rs.2 lakhs - N/A above Rs.2 lakhs to Rs.5 lakhs. Rs.25 (Plus Service Tax) per transaction. Above Rs.5 lakhs Rs. 50 (Plus service tax) Rs.50 per transaction. Customer Service Help Desk for RTGS A dedicated Help Desk for handling RTGS related issues has been set up by the bank at the following address. Oriental Bank Of Commerce 2nd Floor, Aman Chamber, Opposite New passport Office, Veer Savarkar Marg, Prabhadevi, Mumbai-400025

N.E.F.T. NATIONAL ELECTRONIC FUNDS TRANSFER(NEFT)

Introduction Reserve Bank of India has introduced a system called The Reserve Bank of India National Electronic Funds Transfer System which may be referred to as NEFT System, for participating banks and institutions with the required system of computer and communication network through which funds transfer operation would take place. Our bank is one of the participants in the above system. Presently, our all the Service Outlets are enabled to offer NEFT facilities to their customers. Objects The objects of the NEFT System are: To establish an Electronic Funds Transfer System to facilitate an efficient, Secure, economical, reliable and expeditious system of funds transfer and Clearing in the banking sector throughout India, and To relieve the stress on the existing paper based funds transfer and clearing system. Eligibility Criteria For Customer Transactions Fund Transfer through NEFT can be availed by the customers who maintain their operative accounts viz., Savings Bank, Current Account. This facility can also be allowed to CC / OD account etc., subject to ensuring end use of funds.

Outward / Inward remittance facility under NEFT is offered to the customers of all our CBS branches. This facility is not extended to Non - customers. This facility is not available to customers against cash payment. Procedure for availing the facility Customers have to submit a request by filling up a form available in all CBS Branches along with the cheques/Debit instruction to the branch. The customer has to inform the beneficiaries account number, Name and IFSC code the Bank/ Branch where the funds are to be remitted. NEFT transactions may be made for amounts inclusive of paisa component. There is no upper value limit for putting through an individual NEFT transaction. IFSC (Indian Financial System Code) is an eleven digit code given to each branch of all banks which are participating in RTGS. The list of the branches participating in NEFT is also available in RBI's website www.rbi.org.in Batch Timings Eleven hourly settlements are carried out during the day by RBI, starting from 9 am to 7 pm on all week days and five hourly settlements from 9 am to 1 pm on Saturdays. The messages sent before the above batch timings shall be included in the respective settlements otherwise they shall be included in the next batch/day. Charges No Charges Prescribed for Inward NEFT. For Outward TransactionsUp to Rs.1 lakh Rs.5 (Plus Service Tax) per transaction. Above Rs.1 lakh to Rs.2 lakhs Rs.15 (Plus Service Tax)per transaction. Above Rs.2 lakhs Rs.25 (Plus Service tax)per transaction Customer Service Help Desk for NEFT A dedicated Help Desk for handling NEFT related issues has been set up by the bank at the following address. Online Tax Payment The On-line tax accounting system (OLTAS) for collection, accounting and reporting of direct taxes (List of Direct Taxes) is operational w.e.f 01.06.2004 in 144 authorized branches all over India.

1. 2. 3. 4. 5. 6.

For every tax payment made by the taxpayer there should be a challan in the prescribed format. The challan format is a single copy challan with the main challan at the top and the taxpayer's counterfoil at the bottom of the challan. A taxpayer can deposit tax by: 1. Cash or 2. Cheque on same branch or 3. Cheque / draft drawn on the same bank or another bank / branch at the same

center where the payment is made or 4. Payment by outstation cheques / drafts can also be made at any authorized bank. Every challan will have a unique identification number called Challan

Identification Number (CIN). This consists of BSR code (Bank branch code), Challan Tender Date (cash / cheque deposit date) and Challan Serial Number. With the help of CIN, every payment will be uniquely identified enabling online transmission of details of tax payments by banks to the Income Tax department. Tax Information Network (TIN), being established by National Securities Depository Limited (NSDL), provides a facility to the tax payers to inquire about the status of their challans over internet. Tax payers have to log on through http://tin.nsdl.com to view whether the challan for the tax payments is received by TIN. 'Your tax Data is transmitted on the same day by online tax collecting system, Remember to quote PAN / TAN on Challans which is now mandatory' List 0020 - Corporation Tax 0021 - Non corporation tax 0024 - Interest tax 0026 - Fringe benefit tax 0028 - Other tax on income and expenditure 0031 - Estate Duty 0032 - Wealth Tax 0033 - Gift Tax 0034 - security Transaction Tax 0036 - Banking Transaction Tax of Direct Tax

Other Services
DETAILS OF ASBA DESIGNATED BRANCHES Nodal Officers Name : Address : Shri B.K. Palrecha B/O Bombay Samachar Marg, Designation : Asstt. General Manager Fort, Mumbai - 400001 Name : Shri Atul Kumar Srivastava

Designation : Asstt. General Manager

DMAT Account

1. DEPOSITORY SERVICES 2. WHY OBC? 3. SPECIAL SERVICES 4. RATE STRUCTURE FOR NSDL/CDSL 5. LIST OF BRANCHES 6. PAN UPDATION 7. SERVICE REQUEST FORMS 1. DEPOSITORY SERVICES Convert your shares, bonds and other securities to dematerialised form with OBC Demat Account the following services. Dematerialisation Rematerialisation Settlement of trades Inter-Depository Transfers Pledge / hypothecation Receipt of allotment in the electronic form in public offerings of companies Receipt of non-cash corporate benefits such as bonus, rights in electronic form Transmission of securities Freezing of demat accounts, so that the debits from the account are not permitted Bank Account Details Demat of warehouse receipts and other Internet-based services like Speed-e & IdeAs (NSDL), Easy-Easiest (CDSL) 2. Why OBC DP of both NSDL & CDSL Branches all over the Country- NSDL - 288: CDSL -11 Moderate fees Demat access through Internet Online execution of transactions at branches Concessional rates for senior citizens, Salary account holders, Smart save gold account holders Special rates for stock market intermediaries / sub brokers Regular transactions update from back-office SPEEDe, IdeAS (NSDL) & Easy, Easiest (CDSL) 3. Special Services and avail

NSDL PROVIDES SPEED-e for submitting delivery instructions directly on the Internet through SPEED-e websitehttps://speed-e.nsdl.com. IDeAS (Internet-based Demat Account Statement) for viewing balances and transactions in account updated on an online basis with a delay of maximum 30 minutes. STEADY (Securities Trading - information Easy Access and Delivery) for brokers to deliver contract notes to custodians and/or fund managers electronically. MOBILE ALERTS: SMS alert for debits/credit in demat accounts registered for SMS facility. This service is offered free of cost. CDSL PROVIDESa. easi provides facility of viewing/ downloading / printing of statement of holding with valuation, details of transactions, status of delivery instruction in demat account. b. easiest - You can transfer securities from your demat account through Internet. By registering to easiest you can also avail of all the facilities offered through easi'. 4. Rate structure for NSDL/CDSL Depository Services (I). Rate structure for NSDL SCHEDULE A Tariff for NSDL Depository Services Service Individual Pool A/ c & Others 1 ACCOUNT OPENING NIL NIL 2 ACCOUNT MAINTENANCE CHARGES Clients SB/CA maintaining Rs A/c 300/- Rs

CM Beneficiary/Sub Broker NIL

300/- Rs

300/-

3 4

Clients not maintaining SB / CA a/c with OBC*** Rs 750/- Rs. 750/ACCOUNT CLOSING NIL NIL DEMATERIALISATION Rs. 35/- NIL plus Rs2/Per Certificate REMATERIALISATION Rs.25/- N.A Per Request @ TRANSFER FEES

Rs. 750/NIL Rs. 35/Certificate

plus

Rs2/-Per

Rs.25/- Per Request @

Per Debit Transaction

0.02% of 0.01% of value Minimum of Rs. Rs13/value 10/Minimum of Rs 23/-

7 PLEDGE ( Charged to Pledgor per transaction ) Rs. Creation Rs. Closure Rs. 25/Invocation 8 INTER SETTLEMENT Per Debit transaction N.A 9 PAY IN N.A. 10 PAY OUT/Penalty charges NIL 11 CM POOL TO CM POOL Per Debit transaction 12 LATE FEE 13 ACCOUNT STATEMENTS Monthly Rs. 50/- NIL Ad-hoc (per statement) 14 CUSTODIAL FEES Nil NIL 15 FAILED TRANSACTION Rs. 10 /- Rs. 10 /-Per transaction 16 LENDING/BORROWING Rs. 50/- - Rs. 50/-.-borrower N.A. borrower Per Transaction Rs. 25/- lender NIL NIL Rs. 10 /Rs. 50/-borrower N.A NIL 0.01%+NSDL Charges(perISIN) NA NIL NIL NSDL Charges NIL N.A Rs. 25/ 25/- N.A Rs. 25/50/- N.A Rs. 50/-

0.01%+NSDL Charges(perISIN) NA NIL NIL

NIL

NIL

NIL

Rs. 25/- -lender

*AMC will be levied on pro-rata for the first year of opening the account. Annual AMC shall be levied up-front during April on all accounts outstanding as at the end of March every year. ***(both debit & credit ) Advance fees of Rs 5000/- to be deposited upfront which will be adjusted against the future dues. In case the balance falls below Rs 2000/- it shall be the responsibility of Client to replenish the upfront amount so as to continue the service *NSDL Charges for Pay-out and penalty charges levied by SEBI for securities lying in pool A/c beyond stipulated period, will be charged on actual basis. *All the reference prices will be based on NSE price(NSDL formula) and all charges payable monthly. @Remateralisation Fee -Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher * DIS re-issuance Rs 50/per book towards postage charges *Sub-brokers/CM-Beneficiary clients will be charged at the Flat rate of Rs 300/- per month to the account. *Charges for listed demat services shall be raised at monthly intervals. Demat services not listed above will be charged separately as per Bank's policy.

*O B C reserves right to revise the rate structure from time to time giving 30 days notice. *Service (II) Tax Rate the as applicable structure CDS(I)L services would for offered by be levied. CDSL OBC &

Rate Structure for Beneficial Owner (BO) A/c Services

1 Account Opening 2 Dematerialisation ( Per Request)

3 Rematerialisation / Repurchase 4 Transactions Per Debit Transactions 5 Off - market / Inter Depository Per Debit Transactions 6 Pledge / Unpledge / Invocation Pledgor 7 Debt Market ( Debit )

CM Beneficiary / Sub Individual Brokers ( Rules Apply Others ) Nil Nil Rs. 35/- plus Rs.2/- Per Rs. 35/Certificate Rs.2/Certificate Rs.25/- per request @ Rs.25/request @ Rs.13/-

plus Per per

0.02 %of value Min Rs 23 /0.02 %of value Min Rs 23 /-

Rs.13/-

Rs . 50 / Rs . 50 / 0.02% Min Rs 23 /- 0.02% Min Rs Max Rs 200 / 23/- Max Rs 200/8 Commercial Paper ( Debit ) Rs. 100 /Rs. 100 /9 Custodial charges Nil Nil 10 Account Closure Nil Nil 11 Failed Transaction Rs.10/Rs.10/12 Account Maintenance Charges * AMC (per annum) Rs.750/Rs. 300/Upfront $ Clients maintaining SB/CA A/c Clients not maintaining SB/CA A/c*** Rs 750/Rs 750/* For Corporate accounts an additional AMC of 500 /- payable to CDSL will be charged. $ Account Maintenance Charges will be levied on pro-rata for the first year of opening the account. Annual AMC shall be levied up-front during April on all accounts outstanding as at the end of March every year. AMC shall not be refunded on pro-rata basis if the securities account is closed during the financial year. ***(for both debit and credit)Advance fees of Rs 5000/- to be deposited upfront which will be adjusted against the future dues. In case the balance falls below Rs 2000/- it shall be the responsibility of Client to replenish the upfront amount so as to continue the service @Remateralisation Fee -Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher * DIS re-issuance Rs 50/per book towards postage charges Clients having a banking relationship with us to provide Standing Instruction letter for debiting the charges.

 O B C reserves the right to change the rates from time to time by giving 30 days notice. All reference Prices will be based on BSE Price ( CDSL Formula ) and all charges are payable monthly. 5.PAN UPDATION FOR DEMAT ACCOUNTS As per guidelines issued by Depository NSDL & CDSL, Demat Accounts of those investors who have not provided their PAN cards copies have been frozen (Suspended for Debit) on 1st January, 2007. These accounts will be frozen (Suspended for Credit) as well with effect from 16th August 2010. Such suspended Depository Accounts would be activated on submission of valid PAN cards from all account holders and after verification of the same against Income Tax website and Originals. The clients are requested to submit the duly signed copies of the PAN cards to the respective branches for PAN updation in order to unfreeze the accounts. Taking into consideration time for centralized back office processing & subsequent verification, updation of PAN details as well as activation of the account may take upto seven days depending upon the requests received at Main DP. Foreign Remittances OBC is proud of its association with NRIs and takes special pride in serving them through various tailormade products designed to suit all requirements of NRIs. All the service outlets of OBC are fully computerized with 100% CBS branches connected through Centralized Banking Solution, Internet Banking and Phone Banking. So the customer of an OBC Branch is a CUSTOMER OF ALL CBS BRANCHES since we are offering Any Branch Banking (ABB) & Multi city Cheque Book facility to CBS Customers. Proton Visa Debit Card holders of the Bank have access to MITR and NFS ATMs for host of services like cash deposit / withdrawal, Mobile Top up, Mini Statement, balance enquiries etc. and to effect card payment for shopping in India and abroad through over 28 million Point of Sale (POS) locations.

We are herein below sharing the bouquet of Foreign Exchange related and Banking facilities available to our esteemed NRIs with OBC; along with extant Investment and other Govt./RBI guidelines.

Facilities being provided to NRIs 1.Remittances to India With a view to facilitating efficient flow of inward remittances, OBC has set up correspondent banking relationships with almost all the major International Banks across the globe. OBC opens foreign currency accounts in which NRIs can send remittances to India in any major currency such as Pound Sterling, US Dollar, Euro, Japanese Yen, Canadian Dollar, Australian Dollars, Singapore Dollar, Swiss Franc, Hong Kong Dollar etc. through SWIFT/ telegraphic transfers/ demand drafts from any corner of the World. OBC has also entered into an arrangement with Western Union for remittances up to USD 2500 or its equivalent and has also made arrangements for transfer of money from middle east countries through three Exchange Houses. 2.Deposit Accounts NRIs are welcome to open their following type of deposit accounts by downloading the Account Opening Forms, current rates of interest offered on different types of accounts and other information from our website 'www.obcindia.co.in' 2.a) Foreign Currency (Non Resident) Account (Bank) Scheme

Under this FCNR (B) scheme, NRIs have a choice to open Term Deposit accounts in Pound Sterling, US Dollars, Canadian Dollars, Australian Dollars, Euro and Japanese Yen with minimum maturity of one year and maximum of five years. Interest income and balances in these accounts are free from all Indian taxes. The funds can be repatriated without permission from Reserve Bank of India.

2.b) Non Resident External (Rupee) Accounts Under this NRE deposit segment, all types of accounts viz. Current, Savings, Fixed, Cumulative and Recurring Deposits can be opened in Indian Rupees by NRIs by converting their foreign currency funds into Indian rupees. Funds lying in these accounts as well as interest earned thereon are free from all Indian taxes. Funds are fully repatriable without any permission from Reserve Bank of India. Funds lying in these accounts can also be invested on repatriable and non-repatriable basis as outlined in the succeeding paragraph 3 (a) and (b) below.

2.c) Non-Resident Ordinary Rupee Accounts These NRO accounts can be opened in Indian rupees in the form of Current, Savings, Fixed, Cumulative and Recurring Deposits by converting existing domestic deposit accounts into NRO or even through foreign remittance sent by NRIs. The funds from NRO accounts can be freely used for making all rupee payments, investments, purchase of immovable properties etc. in India.

Procedure for opening Non Resident Accounts The following documents are required for opening Non Resident Accounts as mentioned in paras 2.a) to 2.c).:

Identify/Address proof viz. Passport/International driving licence or attestation of Account Opening Form by their banker outside India or by an Official of Indian Embassy or Consulate under their seal and signatures. Two Passport size photographs of the proposed account holder. Specimen signatures.

1.SPECIAL FACILITIES 1.a) Hedging facility Hedging facility is also available on the funds lying in the Foreign Currency (Non Resident) Account (Bank) Scheme and Non Resident External (Rupee) Accounts as well as interest earned thereon.

1.b) Provision of remittance under NRO account

According to the existing FEMA guidelines, NRIs can remit upto USD 1 million or its currency equivalent, every financial year out of the funds held in NRO accounts. This includes sale proceeds of immovable property. In case of residential properties, sale proceeds of two such properties can be remitted within the above mentioned amount without any reference to Reserve Bank of India.

2.Loan Schemes for NRIs 2.a)Loan against Bank Deposits NRIs can avail loan against their NRO, NRE and FCNR(B) Term Deposits for personal purposes or for carrying out their business activities, for making direct investment in India or acquisition of flat/houses in India for their own residential use. Loans are also available to resident individuals/firms/companies against the Term Deposits held by Non-Residents for any type of fund based and/or non-fund based activities subject to compliance of certain guidelines issued by Reserve Bank of India.Non Resident Indians may also avail loans outside India against their NRE/FCNR(B) deposits held with us for themselves or third parties for bonafide purposes through our correspondent banks abroad.

Note : Loans to Non Residents/ Third Party, against security of Non Resident (External) Rupee Accounts (NR(E)RA)/ Foreign Currency Non Resident FCNR(B) deposits.

Reserve Bank of India has issued amended guidelines vide its circular RBI/2006-07/244 A.P. (DIR Series) No.-29 dated 31.01.07 under the subject scheme: Effective 31.01.07, the maximum amount of loan that can be granted to NRI's against their own deposits held under Non Resident (External) Rupee Accounts and Foreign Currency Non Resident deposits FCNR (B) Accounts and to third parties against these deposits, shall not exceed Rs.100 lac. Further, artificial slicing of the loan amount to circumvent the ceiling of Rs.100 lacs is not permitted.

2.b) Loan against immovable properties NRIs may avail housing loan for purchase of any number of residential/ commercial properties. NRIs / persons of Indian origin having citizenship of Bangladesh, Pakistan, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan require prior permission from Reserve Bank of India for acquiring immovable property/ies in India. The loan amount can be used for NRIs' personal/business requirements in India only. Repayment of the loan is to be made either out of fresh remittances from abroad or by debit to NRO/NRE/FCNR(B) account/NRI or out of the sale proceeds of the immovable property/ies.

2.c) Loan against securities of shares/convertible debentures. NRIs may avail any type of fund based/non fund based facility against the security of shares/convertible debentures for their personal requirement or for business purposes.4.d) Housing Loan in Rupees

NRIs can also avail rupee loan in India for purchasing a residential property in India from a bank or a house financing institution. 4.e) Rupee loan to NRIs/PIO employees. NRI/PIO employees of a body corporate registered/incorporated in India may also avail rupee loan for their personal purposes including the purchase of residential property in India provided such loans are repaid by fresh remittance from outside India or by debiting NRO/NRE/FCNR(B) account of the borrower.

3.Extant Investment Guidelines in India NRIs can make investments in India under the following Schemes:3.a)On 100% repatriable basis Investment in Government securities, Treasury bills, units of mutual funds, bonds and shares issued by Public Sector Undertakings Portfolio investment in shares purchased and sold through stock exchanges. Sale proceeds are freely repatriable abroad without permission from Reserve Bank of India after payment of applicable taxes in India provided the investments are made by remittances in foreign currencies or by debiting NRE/FCNR(B) account of the NRI.

3.b)On non-repatriable basis Investment in capital of a firm or proprietary concerns without any ceiling. Investment in Government securities, treasury bills, units of mutual funds, National Plan/Saving Certificates. Investment in shares and convertible debentures through private placement provided the Indian company is not engaged in agricultural/ plantation activities or real estate business or construction of farm houses or dealing in Transfer of Development Rights or dealing in Print Media. Portfolio Investment in shares and convertible debentures through brokers on stock exchanges subject to fulfillment of certain conditions. Sale proceeds of above mentioned securities are allowed to be repatriated outside India after payment of applicable taxes in India and after obtaining permission from Reserve Bank of India.

3.c)Investment in Immovable property No permission required to purchase a residential/commercial property. There is no restriction on the number of residential/commercial properties that a NRI can purchase. No return/form is required to be submitted to Reserve Bank of India after purchase of property. Purchase of agricultural/plantation property/farm houses is not allowed. Residential/commercial property can also be acquired by way of inheritance or gift from a resident in India. The purchase consideration for acquiring properties should be by way of fresh remittances in foreign exchange or by debit to NRE/FCNR (B) account of the NonResident. The properties, so acquired, can be sold to a person resident in India only. Such properties can be sold to another Non-Resident Indian or a person of Indian origin after obtaining RBI permission. There is no restriction on the number of sale of commercial properties. In case of residential property, sale proceeds can be remitted outside India in respect of two properties only within the overall limit of USD 1 million or its equivalent after payment of applicable Indian taxes. There is no lock-in-period either for sale of immovable property or for remittance of proceeds thereof abroad. The sale amount, so repatriable, should not exceed the foreign exchange brought into India for purchase of properties or the amount debited to NRE/FCNR(B) account.

4.PIO Card Scheme 4.a)Persons of Indian origin other than citizen of Bangladesh or Pakistan may avail of the facility of acquiring a PIO Card if :At any time, he/she held an Indian passport; or He/she or either of his/her parents or grand parents or great grand parents was borne in India and permanently resident in India as defined in the Government of India Act, 1935 and other territories that became part of India thereafter provided neither was at any time a citizen of any country as may be specified by Central Government from time to time; or Who is a spouse of a citizen of India or a Person of Indian Origin as mentioned above. The scheme is broad-based, covers upto four generations and also the foreign spouse of a citizen of India or A PIO. 4.b)A PIO card holder is at par with NRIs in respect of all facilities in economic, financial fields and for getting admission to educational institutions in India including medical colleges, engineering colleges, Institute of Technology, Institute of Management etc.

CASH

Cash Management Services MANAGEMENT SERVICES FOR CORPORATES

Cash Management is logistics of moving money. Trade transaction result in movement of money across locations & across parties. It serves as the means to keep an organization functioning by making the best use of cash or liquid resources of the organization. We provide time & place value for money through CMS.

Cash Management is about managing: Movement of money. Movement of paper/instructions/cheques. Information on movement of paper/money. To Reduce:Excess funds requirements, overdrafts, borrowings. Wastage of idle float funds. Unevenness in information, process & clearing bottlenecks. CMS Services offered by ORIENTAL BANK OF COMMERCE More than 300 cities covering all major Metros and A class cities through our own Branches. CORRESPONDENT BANK Over 500 centers covering all other major location in India REMOTE CENTERS Covering Rest of India

PRODUCTS OFFERED COLLECTION SERVICES Local Cheques. Outstation Cheques.

PAYMENT SERVICES Dividend/Interest /Refund (DW/IW/RO) LIQUIDITY MANAGEMENT Ensure requisite balances in multiple accounts with our Bank. Features of Collection Products

Collection of cheques/DD's/Pay orders through high value or MICR/Non MICR Clearing o o Through OBC Branch Centers. Correspondent Bank Centers. Other Centers. Cheque pick up facility at Customer and its client's premises at select locations. Credit to Customer's Principal Account on realization On pre-determined day (as mutually agreed upon) Delivery of unpaid cheques as per your convenience Periodical MIS giving details of: Instruments sent for collection Instruments returned / unpaid Charges debited, etc. Benefits to the customers Efficient management of receivables. Improves your asset turnover. Converting receivables into earning assets. Pooling of funds at a centralized location. Surety of credit on specified date. Reduced working capital requirement. Interest savings. Reduced efforts for account reconciliation. Customized MIS. Online Information giving status of Instruments. PAYMENT SERVICES Payment of Dividend interim or final at par to shareholders Payment of interest on Debentures, Fixed Deposits or other deposits at par to depositors Payment by of refund orders in respect of excess subscription etc Payment of Salary, Incentive, Bonus etc. to customer's staff Payment to vendors , sub contractors etc. Printing and dispatch of Dividend warrants. Interest warrants. Providing necessary periodical MIS supports. Benefits to the customers

Convenience of fund disbursement. Funds to be provided just a few days before disbursement. Cheque payable at par facility. Cost savings. Optimizes human resource. Online information regarding Instrument status. No headaches

LOANS
1)
Oriental Reverse Mortgage Scheme ORIENTAL REVERSE MORTGAGE LOAN SCHEME 1. PURPOSE For receiving lifelong annuity (on monthly basis), to be used for sustenance or to supplement the cash flow stream of senior citizens in order to address their financial needs. 2. ELIGIBILITY A. No. of borrowers B. Minimum age of first borrower C. Age of spouse D. Residence 1. 2. 3. 4.

Single or jointly with spouse in case of a living spouse 60 Years 60 years and above The property, against which the borrower(s) proposes to raise the loan, should be his permanent primary residence under self occupancy. The residence (house/ flat) should be self acquired, self owned and self occupied. Borrower(s) should have a clear and transferable title to the property in their names. Residual life of property should be at least 30 years. In case loan is sanctioned in the joint name of the borrower(s), they must stay together in the mortgaged property.

3. LOAN QUANTUM The amount of loan will depend on present market value/realizable value whichever is less, of residential property after maintaining margin as given below: The maximum loan to value ( LTV) Ratio & consequent derived margin are as under: Age-Group Maximum Loan( subject to ceiling of Rs.100 Lacs) For age group 60 to 70 60 % of the value of immovable property For age group 70 to 80 70 % of the value of immovable property For age group above 80 75 % of the value of immovable property 1.The maximum loan under the scheme shall be Rs. 100 Lac. 2.The loan amount will be released on monthly annuity basis instead of Lump-Sum amount. 4. LOAN PERIOD/ NATURE OF PAYMENT 1. The tenor of the loan shall be upto 20 years or survival of any of the spouse whichever is earlier, thereafter periodic annuity payment will not be made. Margins 40% 30% 25%

2.

The loan shall be extended as regular monthly annuity payments during the loan period 5. RATE OF INTEREST

12.75% with monthly rest on Fixed Rate basis. The fixed rate shall be subject to reset clause of 3 years. The borrower shall be deemed to have notice of changes in the rate of interest whenever there are changes in fixed Rate either increase or decrease in interest rates. By display of fixed Rate on the Notice Board of the Branch or published in news papers or display on bank's website or made through entries of the interest rate charged in the passbook/statement of account furnished to the borrower and the borrower is liable to pay such revised rate of interest. 6. PREPAYMENT PANALTY

There will be no prepayment penalty 7. PROCESS FEE & OTHER EXPENSES

1. 2. 3.

Process Fee - 0.50% of total Loan amount or half of the first monthly annuity payable to borrower, whichever is less, subject to maximum of Rs. 12,500/- only. The legal fee/ charges stamp duty, registration charges, valuation charges, document stamp charges, & insurance premium of property etc shall be borne by the borrower(s). In the eventuality of non-payment of above said expenses, bank will recover these expenses on prorata basis on the monthly annuity payable to borrower(s) within a period of upto 24 months. 8. DOCUMENTATION & INSPECTION CHARGES NIL 9. SECURITY Equitable or Registered mortgage of un-encumbered residential property, in favour of the bank. 10. VALUATION OF RESIDENTIAL PROPERTY The residential property should comply with local residential land use and building bylaws stipulated by local authorities with duly approved layout, map & building plans. 11. TAXATION The periodic annuity payments are subject to tax and taxable in the hands of annuity recipients. As such it will be the responsibility of the borrower(s) to ensure the compliance of this clause. 12. PROVISION FOR RIGHT TO RESCISSION As a customer- friendly gesture, senior citizen borrower(s) can cancel the transaction up to 3 business days. 13. CLOSURE / FORECLOSURE OF LOAN/REPAYMENT The loan account shall be operative upto maximum of 20 years thereafter periodic annuity payment will not be made. The loan shall become due and payable only when the last surviving borrower dies or opts to sell the home or permanently moves out of the home. Typically, a "PERMANENT MOVE" mean that neither the borrower nor any other co borrower has lived in the house continuously for one year or do not intend to live continuously. Sanctioning authority to obtain such documentary evidence as may be deemed appropriate for the purpose. At any point of time, the borrower(s) has the option to prepay the loan THE LOAN SHALL BE LIABLE FOR FORECLOSURE DUE TO OCCURRENCE OF ANY ONE OF THE FOLLOWING EVENTS OF DEFAULT:

1. 2.

3.

If the borrower(s) has / have not stayed in the property for a continuous period of one year.

If the borrower(s) fails to pay property taxes or maintain and repair the residential property or fails(s) to keep the home insured. If borrower(s) declare himself / herself/ themselves bankrupt If the government condemns the residential property (for example, for health or safety reasons) If the borrower(s) do not accept the revised terms of interest(reset at the end of every 3 years) If the government under statutory provisions, seeks to acquire the residential property for public use. If the residential property so mortgaged to the bank is donated or abandoned by the borrowers(s). Due to misrepresentation by the borrower(s) and the title is found invalid etc. at any point of time. The loan shall become due and payable after 6 month of moratorium period on the eventuality of all above said closure/ foreclosure criteria. The bank shall be entitled at its option to recall the entire outstanding loan together with interest and charges in case the borrower(s) contravene/s any terms and conditions of the loan/ any declaration /any undertaking etc.

2)
Loan to Pensioners Scheme PERSONAL LOAN SCHEME FOR PENSIONERS Purpose To meet personal expenses including medical, bon voyage, family liability / expenses. (excluding speculative purpose) Term Loan

Nature of Facility Eligibility

Pensioners of Centre/State Govt. / PSUs, / Defence/ Other autonomous bodies, maintaining their pension accounts with the Branch for a minimum period of six months. The maximum age of the pensioners should not exceed 68 years of age. Ex employees of our Bank (Pensioners) are also eligible provided any disciplinarily action is not pending against him/her. The net take home pension should not be less than 50% of the gross after deduction of the proposed loan installment.

Loan Amount 12 months of pension with a maximum loan up to Rs.2.00 lacs. Security Guarantee of spouse eligible for family pension to be obtained. In case of non availability of spouse, any other family member of means OR a third party guarantee acceptable to the Bank Nil

Margin

Rate of interestClik here to know rate of interest Penal Interest In case of delayed payment, a penalty of 2% on the overdue amount for the over due period shall be charged. Process/ upfront fee 0.50% of the loan amount with a minimum of Rs.500/ + Service Tax, if any.

DocumentationNil charges

Repayment General Conditions 1. 2. 3.

Maximum up to 36 EMIs, subject to entire repayment within maximum 70 years of age. To mitigate risk, the field functionaries shall comply as under: To ensure that invariably a copy of loan sanction letter be endorsed to Pension Department of the pensioners for their information. The Pension Payment Order (PPO) be kept under Branch possession during the currency of Bank's personal loan. An appropriate undertaking be obtained from respective borrower, not to shift their pension accounts to other Banks and also authorized the Bank for recovery of due installments besides obtaining post dated cheques.

3)
Oriental Traders Loan Sscheme (OTLS) ORIENTAL TRADERS LOAN SCHEME (OTLS) PARTICULARS To provide hassle free credit to Traders to meet working capital requirements / Purpose augment long term margin / financing of fixed assets related to business activity of the borrower or for expansion of business of the borrower Type of facility 1. Fund based working capital 2. Non fund working capital 3. Term / Demand loan for development of shop. Proprietorship, Partnership firms, Private / Public Ltd. Cos., engaged in trading of any commodity / goods and such activity is not prohibited by law or opposed to public interest established in the line of business financed / proposed to be financed under Sole Banking arrangement. Business unit should have been established in their line of business minimum for 1 year. Trading units established by close relatives (viz spouse, parent, brother, sister, son, daughter ) of our existing customers with satisfactory dealings, even if these are established for less than 1 year. Traders should comply with applicable statutory requirements, such as State/Central Sales Tax Registration Certificate, Licence under Shops & Commercial Establishment Act, Registration with Excise Department, etc

Eligibility

Quantum of finance Maximum limit per borrower based on the area ( Rural, Semi Urban, Urban & Metro) where the branch is located shall be as under, subject to the maximum lending powers of the sanctioning authority as per discretionary power chart whichever is less : Rs. In lacs Branch Maximum limit Rural Branches Upto Rs.25.00 lacs Semi Urban Branches Upto Rs.50.00 lacs

Urban Branches Metro Branches

Upto Rs.100.00 lacs Upto Rs.150.00 lacs

(Aggregate of Working capital and term loan put together not to exceed above limits) Primary security Hypothecation of stock / book debts / fixed assets of the borrower (as the case may be) Mortgage (Registered or Equitable) of immovable property and / or any other property (Land & Building but not agriculture land/plot of land/ partially constructed property) belonging to promoters, viz. Proprietor/ Partners/Directors/close relatives, ( viz. spouse, parent, brother, sister, son, daughter ) who will also stand as Guarantors. In case of property Older than 25 years - the branch will be required to carry out inspection of the property every year at the time of review of facility and ensure that the property is in good physical condition. In case of term / demand loan it shall be ensured that the residual life of the building is at least 5 years more that the repayment period of the loan. In case, any defect is observed during inspection of the security or in architect's report, branch will be required to ensure substitution of the security having requisite value immediately or ensure liquidation of the facility at the earliest but not later than 12 months period in any case Note: Before sanction of any loan verification of property about its clear, marketable, enforceable title must be undertaken by the Branch Head/ Credit In charge and kept on record. Assessment of Limit. 1. Assessment Of Working Capital Finance 50% of the distress sale value of the property*. Or 25% of the estimated annual sales* *Whichever is less 2. Assessment of Term loan: 75% of the cost of the furniture & fixture to be purchased subject to maximum of 25% of area wise branch limit fixed. NOTE: 1. However, working capital finance and term loan together should not exceed the Area wise branch limit fixed above or 50% of the distress sale value of the property taken as collateral security. 2.Valuation of the property will be carried out by the valuer on bank's approved panel Rate Of Interest: (Irrespective Of Credit Rating) Clik here to know rate of interest

Collateral security

Penal Interest

In case of delayed payment, a penalty of 2% on the overdue amount for the over due period shall be charged.

Internal Credit Risk All accounts to be rated as per the approved specific internal credit risk rating model for the OTLS scheme. However, for consideration of the loan under the Rating scheme, the rating should fall within the investment grade as per Loan Policy of the Bank. Period of Loan Overdraft: 12 months subject to annual review. Term Loan/Demand Loan: Maximum 60 months including moratorium period of maximum 3 months(depending on repayment capacity)

Servicing of Interest Interest to be serviced as & when charged in the account. Insurance Obtaining insurance cover for primary security i.e stock / fixed asset may not be a condition for sanction of the facility. However branch may counsel their borrowers to have the stock insured in their own interest at their cost. Insurance of the property mortgaged is mandatory

Processing Charges 1. Working capital- Rs.100 per Lac or part thereof & service tax, if any 2. Term / Demand loan - Upfront fee of 0.50% of the loan amount & service tax, if any Classification of the Loan to traders to be classified as per business activity of the borrower under Advance priority/non priority sector. Documentation Charges (Fund Based / Non Fund Based) Limit Upto Rs.10 lacs Above Rs.10 lacs & Upto to Rs.50 lacs Over Rs 50 Lacs Simplified assessment method. Stocks etc. wherever should be hypothecated. Submission of stock / book debts statements on yearly basis. However drawing power need not to be calculated based on stock statement. Bimonthly inspection of primary security i.e stock / fixed asset may be waived. Annual inspection of Property mortgaged to be carried out. Non-fund based facilities allowed by earmarking Overdraft / loan facility. Undertaking from the borrower exclusively to deal with our bank. Obtaining of Balance Sheet and P/L account is dispensed with. However, declarations of annual sales supported by Returns / assessment on sales tax / income tax, etc. be obtained and kept on record at the time of annual renewal. Borrower to undertake to route all turnover through their overdraft / current account (in case of term/demand loan) with the branch. Other Terms and Conditions Branch to ensure end use of funds both under working capital finance and term / demand loan.

Amount (in Rs) Rs. 500.00 Rs 1500.00 Rs 2500.00

Other Features

Branch to ensure compliance of KYC norms. Due diligence and Pre-sanction inspection is to be carried out by the branch and report to be kept on record. Branch to satisfy about the repayment capacity of the borrower based on past performance or estimates. In case the term loan/demand loan component is more than Rs.25.00 lacs then the proposal shall be supported by cash flow to satisfy upon the repayment capacity of the unit.

Parties to undertake that they do not owe any overdue statutory dues like SaleTax, Income Tax, Corporation Tax, Professional- Tax, etc. And have obtained/renewed licenses from concerned authorities required for trading in the merchandise/goods.

Valuation of immovable property offered as security is to be done by Bank approved valuer. Valuation is to be done once in 3 years. Branch to Endeavour to display Bank's name as financier at the place of the business of the borrower. Advance shall not be granted for real estate/capital market/ investment or loans to associate/group/sister concerns or for speculative purpose or for meeting personal expenses of self or third party

Property to be mortgaged should be occupied by the borrower or their sister/associate concerns or self occupied by the owner in whose name property is registered. Advance under the scheme can be granted wherein the immovable property offered as security is partly self occupied by the borrower or their associate/sister concerns and partly rented subject to the condition that the area occupied by self/associate concerns/sister concerns is at least 51%

Property already mortgaged in any existing account cannot be extended for the loan to be availed under this scheme. Not more than one loan under the scheme can be granted against one single immovable property. However Property or security charged in this account may be extended to cover other facility to the extent of spill over available i. e property value in excess of 200% of the limit sanctioned can be extended to cover other facility sanctioned to the borrower.

No additional finance should be given to the borrower enjoying the facility under the scheme merely by revising the valuation of the property.

4)
Gold Loan Scheme Scheme - Loan against Gold/Jewellery Purpose : All type of agriculture / allied activity, for Business enterprises, any other activity taken up by the applicant for self employment and Personal consumption needs except for speculative purposes. Eligibility: The scheme shall be open for all the individual / proprietors borrowers irrespective of Gender, Cast & Creed.

Amount of Loan Up to Rs. 10 lacs per borrower. Nature of Facility Demand loan/ Overdraft depending upon the purpose and requirement of the borrower Margin 30% against value of gold jewellery offered as security as assessed / appraised by the approved valuer. Process Fee: Process fee @ 0.50% per lac. Documentation charges: 1) Loan for general purpose a) Up to limit of Rs.2.00 lacs- Rs.250 b) Above limit of Rs.2 lacs Rs.500 2) Loan for agricultural purpose c) Up to limit of Rs.2.00 lacs- NIL d) Above limit of Rs.2 lacs Rs.500 Security Pledge of gold ornament, which has purity between 24 carat to 22 carats Repayment Demand loan is to be liquidated within a maximum period of 12 months. Overdraft facility shall be reviewed / renewed every year

6) Earnest Money Deposit Scheme - Earnest Money Scheme Purpose : The Earnest Money Finance Scheme for booking amount of flat/plot under various scheme launched by State Housing Board/ Urban Development Authority. Eligibility: Individual or joint co-borrower only, having a capacity to repay earnest money loan. Amount of Loan 90% of earnest money subject to maximum of Rs.5 lacs. Nature of Facility Short term loan (less than 1 year) Margin 10% of the earnest money deposit Process Fee: Rs.500/- + Service Tax Documentation charges: Nil Security a) upto Rs. 3 lacs Nil b) Above Rs.3 lacs - 1 Personal Guarantee Repayment

Equal to booking scheme period (i.e. from the booking commencement date to refund date) plus 15 days or reasonable time on case to case basis (for receipt of refund & credit to account) 7) LOANS FOR MINORITY COMMITIES Housing Loan HOME LOAN SCHEME PURPOSE The Bank offers financial assistance for/to: Purchase of land and construction of a house thereon. Construction of house, where in the plot/land already owned by the applicant. To buy built up (new or second hand) / semi built up house or flat. To Extend/improve/repair, the existing house or flat. To buy a flat under construction or proposed to be constructed For Home furnishing, furniture / fixtures embedded to structure or otherwise. To take over of housing loan from other Banks/other financial institutes. ELIGIBLE PERSON(S) Individuals or group of specified individuals (co-borrowers) including HUF having an assured source of regular income viz. salaried / self-employed persons, professionals, businessmen, farmers etc. Further, 1) The staff members of the Bank are also eligible subject to compliance of terms & conditions of Staff Housing Loan Scheme. 2) The NRI may also avail a housing loan in India subject to compliance of specific terms at par with those applicable to a person resident in India. AGE CRITERIA: Minimum age: 18 years as on the date of application Maximum age: For Service class: Up to 60 years of age or date of superannuation. However in case of availability of joint / co borrower and one borrower is having comparatively younger age, then it can be considered upto 70 years of age. For Business/ Professional/ HUF class: Upto 60 years of age, however in case of loan considered in favour of joint/ co borrower and one borrower is having comparatively younger age, then it can be considered up to 70 years of age. The above Maximum age limit of borrower/ co borrowers is permissible subject to the age by which the loan should be fully repaid, availability of sufficient, regular and continuous source of income for servicing the loan repayment to the satisfaction of Loan sanctioning authority. COMPONENTS OF FINANCE Purchase price of plot/house. Construction cost of the house. Stamp duty and Registration Fee payable on registration of house/property with registering authority of the Government. Premium of group mortgage redemption assurance scheme of Canara HSBC with OBC Insurance Company. MAXIMUM ELIGIBLE LOAN AMOUNT

There is no ceiling on the amount of loan. However, Maximum loan amount permissible under the scheme shall be: i. ii. 85% of the total cost of construction / purchase price including stamp duty and registration charges, for loans upto Rs.20.00 lac 75% of the total cost of construction / purchase price including stamp duty and registration charges, for loans above Rs.20.00 lac. Loan amount for purchase of residential plot shall not exceed 50% of the eligible loan amount. In case construction of the house is not completed within 24 months from the date of possession of the plot/land or the plot/land is alienated, commercial rate of interest shall be charged from the date of disbursement of the loan and loan shall be recalled as per the normal procedure of the bank.

It is clarified that loan for purchase of plot/land only is not permissible under the scheme. ASSESSMENT OF ELIGIBLE LOAN AMOUNT Salaried Persons The maximum loan shall be equivalent to 60 months gross salary subject to the condition that net take home salary should not be less than 30% of gross salary after all deductions, including instalment of the proposed loan. For this purpose salary of the preceding monthfrom the date of application shall be considered. Persons other than salaried employees The maximum loan shall be equivalent to 40 months Gross Income. For this purpose causal nature of income, if any, shall be ignored. 5. Home Loan to HUF Home Loan to HUF concerns may be considered on selective basis, provided the income of HUF only is reckoned for the purpose of arriving at eligible loan amount. In individual case, income of HUF shall not be added to arrive at eligible loan amount. However, in view of privileges available to MINOR and to safe guard Bank's interest requisite undertaking from all coparcener of HUF/family shall be obtained in consultation with Bank's panel advocate. 6. Loan to Pensioners Loans to pensioners can be considered up to 40 times of the pension/income subject to net take pension/income of 30%. Pension amount upto 70 years of age shall be taken into account for calculation of eligible amount and repayment period. Repayment period shall not exceed 10 years and loan must be completely liquidated within 70 years of age of pensioner. However, where co-borrower is taken, maximum repayment period can be extended up to 20 years provided the loan is repaid within 70 years of age of the borrower/co-borrower having capacity to service the loan. MARGIN Loans Upto Rs.20.00 lac Loans Above Rs.20.00 lac 15% 25%

RATE OF INTEREST Clik here to know rate of interest PROCESS FEE/ DOCUMENTATION CHARGES Loan limit Irrespective of any limit Process fee / Documentation Charges 0.50% of the loan amount + service tax, if any, subject to maximum of Rs. 12500. Documentation charges -NIL

Note: The Advocate charges, Valuer fee and insurance charges shall be borne by the applicant on actual basis. INSPECTION CHARGES - Nil REPAYMENT OF LOAN The entire loan shall be repaid in maximum of 240 months preferably in equated monthly instalments including the moratorium period subject to the age criteria as under: A. For Service class: Up to 60 years of age or date of superannuation. However in case of availability of joint / co borrower, then it can be considered upto 70 years of the eldest borrower & 60 years of age of the youngest borrower. B. For Business/ Professional/ HUF class: Upto 60 years of age, however in case of loan considered in favour of joint/ co borrower(at least one borrower must be of younger age) then it can be considered upto 70 years of the eldest borrower & 60 years of age of the youngest borrower. SECURITY The loan shall be secured by Registered / Equitable Mortgage of the property created out of bank finance. INSURANCE An insurance cover under the agreed Bank's clause as per system in vogue of house / flat (structure) financed under home loan scheme of the Bank, be obtained by the borrower. HOME FURNISHING LOAN With a view to give leverage to the valued customers to carry out essential alterations or furnish as per their requirements, a new concept of home furnishing loan has been introduced. ELIGIBILITY Individuals having house/flat in his/her name which can be validly charged to the bank having assured source of income viz. Salaried / self-employed persons, professionals, businessmen, farmers and HUF etc. Staff members shall also be eligible to avail the loan as applicable to general public (subject to compliance of Staff Housing Loan Scheme) MAXIMUM ELIGIBLE LOAN AMOUNT However, loan is restricted upto 75% of the total cost of renovation/furnishing subject to a maximum amount of Rs. 10.00 lac. Further, if the applicant is also availing Housing Loan the maximum amount shall be the difference

between his/her fresh eligibility for home loan minus the existing home loan outstanding subject to a maximum amount of Rs. 10.00 lac. The loan shall be restricted upto 30% value of existing House/Flat subject to a maximum amount of Rs. 10.00 lac. The maximum permissible loan amount shall be the amount out of above three alternatives, whichever is less. PURPOSE Change of flooring Remodeling of bathrooms/kitchen POP work Wood work i.e. wardrobes / wooden cabinets /doors / windows / grills / gates Plastering of walls Removal of structural defects/electric works Painting/polishing of house RATE OF INTEREST Clik here to know rate of interest As applicable under housing loan scheme of the bank. Interest shall be calculated at monthly rests and recovered in equated monthly instalments as per EMI chart. While fixing applicable interest rate for the existing borrowers, outstanding shall be added to the proposed loan and interest rate shall be determined accordingly. REPAYMENT OF LOAN Maximum period of repayment of loan shall be 10 years, SECURITY Registered / equitable mortgage (fresh/extension) of property proposed to be furnished shall be charged as per the guidelines embodied in main Housing Loan Scheme. MARGIN 25% of the total cost of the renovation/furnishing as per estimate duly verified by a qualified architect. To ensure contribution of margin money, borrower will invest the margin prior to release of loan PROCESS FEE/DOCUMENTATION CHARGES Same as per the Home Loan scheme. HOME LOAN FOR NON-RESIDENT INDIANS Eligible NRI's There are two categories of Non-residents who have been given general permission by Reserve Bank of India to acquire immovable property other than agricultural/plantation/farm house in India. They are: 1. Indian citizens 2. Person of Indian origin Note: Person of Indian origin for the purpose of this general permission means an individual (not being a citizen of Pakistan or Bangladesh or Srilanka or Afghanistan China or Iran or Nepal or Bhutan), who At any time held an Indian passport, or Who or either of whose father or whose paternal grand father was a citizen of India by virtue of the constitution of India or the citizenship Act 1955 (57 of 1955) Repayment of loan The instalment of loan, interest and other charges may be paid by the borrower from any of the following sources. By inward remittances from abroad through normal banking channels viz. NRE/FCNR(B)/NRO

Out of funds lying in his non-resident accounts with banks in India or out of rental income derived from the renting out of the property acquired by utilization of the loan General Conditions: The home loan to NRI is normally sanctioned at par with the terms of home loan for Indian Resident. For detail terms and conditions refer our general home loan scheme or contact our nearest branch.
8) Car/Vehicle Loan Scheme CAR/VEHICLE LOAN SCHEME FOR GENERAL PUBLIC / BANK'S EXISTING MID CORPORATE/ CORPORATE BORROWERS PARTICULARS a) For purchase of new scooter/motor cycle/car/jeep (non-commercial use- to be registered as Purpose private vehicle) b) For purchase Second Hand Cars to be used as private vehicle only. Eligibility Criteria For Individuals : 1) Individuals working in Govt. departments/PSUs/ Recognized Schools & Colleges/ Reputed companies with a minimum of 1 year of service having minimum income : For two wheelers: Rs. 6,000 per month gross For Car/MUV : Rs.10,000 per month gross 2) Retired employees of Govt. departments/PSUs/ Recognized Schools & Colleges/ Reputed companies having their pension accounts with minimum pension per month as under: For two wheelers: Rs. 6,000 per month gross For Car/MUV : Rs.10,000 per month gross In case of Business Entities, established business for not less than two years may be considered for sanction of car/vehicle loan. However, this condition can be waived of in a case where the conduct of allied/sisters concern is satisfactory with our bank. In case of pensioner the age should not exceed more than 67 years and it shall also be ensured that the pension is adequate to recover the instalments and adjust the accounts upto the age of 70 years. Agriculturist based on their land holding may be considered for loan facility. For Bank's existing Mid Corporate/ Corporate borrowers 1.Existing SMEs & Mid-Corporate Borrowers availing credit facilities of Rs.5.00 cr & upto Rs.25.00 cr.(Fund + non Fund bases) having satisfactory dealing for the last 2 years & a/c classified as standard. 2. Corporate borrowers availing credit facilities of Rs.25.00 cr. & above (fund + non fund based) having satisfactory dealing for he last one year & a/c classified as standard Maximum Loan Ceiling For Individuals Maximum loan for Two Wheelers -Rs.1 lac. Maximum loan for Four Wheelers -Rs.50 lacs For Bank's existing Mid Corporate/ Corporate borrowers SMEs & Mid-Corporate Borrowers (availing credit facilities of Rs.5.00 cr & upto Rs.25.00 cr) For purchase of one or more cars within maximum overall ceiling on loan as Rs.30.00 lac at one point of time. Corporate borrowers (availing credit facilities of Rs.25.00 cr. & above)- For purchase of one or more cars within maximum overall ceiling on loan as Rs.50.00 lac at one point of time. Proprietor/Partner/ Director etc.- For purchase of 1 car with ceiling of Rs.10.00 lac at one point of time. This shall be in addition to the Car Loan from the firm / company. Security Hyp. of New Two wheeler / Car / MUV purchased out of Bank Finance. The hypothecation charge shall be registered in the books of RTO. For Individuals Preferably guarantee of the spouse or One third party personal guarantee acceptable to the Bank.

Collateral Security

For Bank's existing Mid Corporate/ Corporate borrowers Hyp. of New Car/MUV to be purchased with the help of Bank Finance. Extension of charge over the existing collateral security.

Margin

10% 15%

for Two wheelers for Cars/MUVs

Components of finance Show room price + one time road tax+ administration cost+ First year's insurance cost and Registration Charges shall be eligible for bank finance. Assessment of eligible loan amount In case of salaried persons / pensioners, maximum loan admissible shall be equivalent to 30 months net take home salary/ pension, subject to the condition that net take home salary/pension should not be less than 40% of the gross after all deductions including the proposed loan installment. Income of the spouse can also be considered subject to the condition that spouse agrees to guarantee the loan.

For farmers

For Irrigated land Annual income based on per acre per annum for the farmers undertaking cultivation of nontraditional crops viz., horticulture, medicine/aromatics plants etc. The above criterion of income be matched from time to time with NABARD / SLBC guidelines.

Repayment Period

Upto 60 EMI's {Equated monthly installment of Principal & interest components} (Subject to remaining period of service / repayment capacity). Clik here to know rate of interest

Rate of Interest(Floating) Penal Interest

In case of delayed payment, a penalty of 2% on the overdue amount for the over due period shall be charged. 0.50% of loan amount with a minimum of Rs.500. +Service tax, if any. 1% prepayment penalty for shifting the loan account to other Bank.

Process fee Prepayment Penalty

Financing of Second Hand Cars True Value Scheme (TVS) and to finance other second hand cars from open market, subject to satisfactory valuation /road worthy condition and residual life certificate by approved surveyors of General Insurance Cos. Multi utility vehicles i.e. Qualis, Tata Sumo, Scorpio for the use other than commercial shall also be eligible for finance. Amount Rs.7.50 lacs Regional Heads and Field General Managers are empowered to consider loan up to Rs. 10.00 lac in exceptional cases.

Margin

20% (Under TVS) 30% (Non TVS) of market value or purchase value whichever is less

Rate of Interest

Clik here to know rate of interest

Maximum Age Of vehicle

The age of the vehicle should not be older than 5 years at the time of sanction of loan

Repayment Period.

Repayment in 36 EMIs

Collateral security Preferably guarantee of the spouse or One third party personal guarantee acceptable to the Bank

Insurance

The vehicle shall be insured comprehensively with agreed bank clause. The insurance amount shall be got serviced separately from the borrower besides regular EMI.

9)

Educational Loan Scheme EDUCATION LOAN SCHEME

PARTICULARS Purpose Eligibility for loan

To provide finance for pursuing higher studies in India & abroad Student who is / has: -

An Indian national. Up to 45 years of age Secured admission in an institute recognized by a statutory body. Financing more than one member of the family Loan to different members of family can be allowed on merits subject to the compliance of other terms and conditions applicable to education loan policy. Each loan shall be considered separately.

Eligible courses

a) Studies in India

Courses leading to diploma / degree conducted by Colleges / Universities approved / accredited by Government of India/State Government/UGC / Government /AICTE /AIBMS / ICMR or any other statutory councils of India or Regulatory bodies, including:-

o o

Graduation / Post-graduation courses such as B.A, B.Com, B.Sc, Master's degree & Ph.D. etc. Professional courses, such as, Engineering, Medical, Agriculture, Veterinary, Law, Dental Surgery, Management, Computer science etc. Courses like I.C.W.A., C.A., C.F.A., etc Courses conducted by top institutes like IIMs, IITs, XLRI, NIFT etc. Courses offered in India by reputed foreign universities Evening courses of approved / accredited institutes Other courses leading to diploma / degree etc. conducted by colleges / universities approved / accredited by UGC / Govt./ AICTE / AIBMS/ICMR etc. Computer Certificate courses of reputed institutes accredited to the Deptt. of Electronics or Institutes affiliated to Universities. Commercial Pilot License Training Course from recognized institute approved by Director General of Civil Aviation.(However the discretionary powers to consider the loan is presently vested with Head Office Officials). Courses offered by National Institutes and other private institutions duly approved by Head Office. Note: The above list is illustrative & not exhaustive

b) Studies Abroad

Graduation For job-oriented professional/technical courses offered by reputed universities. Diploma Technical and non-technical courses of duration of one year and above. Commercial Pilot License Training courses offered by reputed institutes.. Post Graduation Courses like MCA, MBA, MS etc. Courses conducted by CIMA-London, CPA in USA etc

Two / dual courses

Education loan for Diploma and degree courses simultaneously may also be considered for two / dual courses provided by the educational institutions.

Second loan

Second Education Loan can be permitted for pursuing higher education in view of better placement prospects even before commencement of repayment of first education loan subject to compliance of security stipulations as per extant guidelines of education loan policy.

Components of finance

Fee payable to college/ school/ hostel (lodging and boarding). Examination/ Library/ Laboratory fee. Purchase of books/ equipments/ instruments/ uniforms. Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts, subject to the condition that the amount does not exceed 10% of the total tuition fees for the entire course.

Travel expenses/ passage money for studies abroad. Purchase of computers - essential for completion of the course. Insurance premium for student borrower Any other expense required to complete the course - like study tours, project work, thesis, etc.

Amount of loan

Up to Rs. 10.00 lac for studies in India Up to Rs. 20.00 lac for studies abroad .

Margin Up to Rs.4.00 Lacs Above Rs.4.00 Lacs NIL 5% For studies Inland 15% For studies Abroad

Scholarship can be treated as margin

Rate of interest

Up to Rs. 4.00 lac Base Rate + 2.75% Above Rs. 4.00 lac Base Rate + 3.50% ( present Base Rate- 10.75% subject to change from time to time Simple interest during study/moratorium period and thereafter the interest shall be compounded.

Special Rates 1) 1 % concession over the normal rate of interest up to loan of Rs 4.00 lacs for IITs & IIMs students. However, the normal rate of interest will apply for loan limit above Rs.4.00 lacs. 2) 0.50% concession over the normal rate of interest will be applicable to women beneficiaries, SC/ST & disabled students. However, the 0.50 % concession will be available for only one characteristic. The benefit will not be merged with other benefit under point no 2. Floor Rate: Rate of interest will not fall below Base rate under any circumstances.

Interest During Moratorium Simple Interest shall be charged per month during moratorium period (moratorium period consists of study period plus grace period of one year or six months after getting job and study Period whichever is earlier). When first installment falls due, the entire outstanding of the interest amount shall be capitalized i.e. added back to the principal amount. Further interest shall be charged on monthly compounding basis; accordingly, EMI shall be fixed and intimated to the borrower in writing. Concession in Rate of interest If the monthly interest is serviced regularly during the study and moratorium period, a concession of 1% in rate of interest is allowed for study / moratorium period and this concession shall be allowed only after expiry of the moratorium period. In case of default in servicing the interest, the normal rate of interest as applicable shall be levied.

Penal interest

2% over the normal rate of interest shall be charged on loan above 4 lacs on overdue amount for the overdue period. Prepayment penalty charges are not applicable.

Process fee

Loan up to Rs.4.00 lac: --------------------------- Rs.100/- +Service tax, if any Loan above Rs.4.00 Lac: 1) For study in India: Rs.500/- +Service tax, if any. 2) For study abroad : Rs.1000/- +Service tax, if any

Security 1. 2. 3. 1.

Loan upto Rs.4.00 lacs No collateral security. Co-obligation of parents / guardian (irrespective of their means) is must irrespective of age of student Co-obligation of spouse / parents-in-law in case of married women In case of commercial pilot the Life Insurance Cover shall also be obtained.

Loan above Rs.7.50 lacs

Co-obligation of parents/guardian Co-obligation of spouse / parents-in-law in case of married women AND Mortgage of immovable property or any other tangible security like pledge of NSCs/UTI/LIC (Surrender Value)/ PSU Bonds etc. having value equivalent to 100% of loan amount.

Insurance

Free personal accident insurance cover upto Rs.20.00 lacs or amount outstanding at the time of claim which ever is less covering death risk due to accident and permanent disability, subject to the terms and conditions of the Insurance Company is provided.

The borrower(s) shall have no right of claim what-so-ever on the Bank in case the claim is rejected by the Insurance Company due to any reasons and the co-obligant / legal heir will be responsible for payment of Bank dues.

Repayment

In 84 months (Maximum) in Equated Monthly Installments. Moratorium Period (Study period + Grace period) 12 months after completion of the course or 6 months after getting the job, whichever is earlier.

Disbursement

1.

For studies in India: Loan shall be disbursed in stages as per requirement / demand, directly to the institutions/vendors of books/equipments/ instruments etc. to the extent possible. For studies abroad: In stages as per requirement/demand, directly to the institutions subject to obtention of certified copies of relevant pages of passport and visa of the student

1.

The Institute eligible under Education loan scheme

Diploma, Degree courses conducted by Colleges/ Universities/ Educational Institutions approved by UGC / Central or State Governments/ AICTE/AIBMS/ICMR or other regulatory bodies.

The Education Institute not having approval from above said Regulators, but having Head Office approval and if their names are included in approved Educational Institute list (Annexure- A).

Private institutes which conduct courses leading to diplomas / certificates on computers, e-commerce and other hi-tech curriculum

In case of Private Institutes Which Conduct Courses Leading To Diplomas / Certificates On Computers, E-Commerce And Other Hi-Tech Curriculum, the Regional Heads are authorized to approve the names of such institutes like APTECH etc. subject to the condition that the ceiling of the education loan amount shall be Rs. 50000/=.

Ceiling of Education Loan for the courses conducted by NIIT stands increased to Rs.1.24 lac.

10) Personal Loan Scheme PERSONAL LOAN SCHEME PARTICULARS Purpose To meet personal / family expenses like marriage/education/family functions.

For purchase of consumer durables, gold / gold ornaments. To meet expenditure on medical treatment of self and/or dependent at Hospitals / Nursing Homes registered with local Govt. bodies. To meet travel expenses of legitimate travel by himself & family to cover travel cost, hotel stay, and other travel related expenses.

Note- The loan shall not be used for speculative purposes Nature of Facility Term Loan.

Eligibility

1.

2. 3. Amount of Loan

Permanent and regular employee in Centre / State Govt. Deptt. and other institutions like Universities, Schools / College, PSUs, reputed hospitals, andwellestablished corporate. Professionals and doctors shall also be eligible for loan Minimum 3 years of service, including service with the previousemployer(s), if any. The net monthly salary should not be less then Rs 6,000/-. Up to 15 months net take home salary, subject to maximum of Rs.1.50 Lac. Up to 20 times net take home salary with a max of Rs.3.00 lac in case the salary account is maintained with the branch for a minimum period of 6 months or Employee undertaking to deduct and remit the due installments to the bank.

Security

One personal guarantee preferably of fellow employee, subject to the condition that one employee will not stand as guarantor in more than two accounts. Nil Clik here to know rate of interest

Margin Rate of interest

Penal Interest / Pre- 2% penal interest over the normal interest rate on the overdue amount for irregular period. No prepayment penalty to be charged. payment Penalty Process / upfront fee 0.50% of the loan amount with a minimum of Rs.500/ +Service tax, if any. Disbursement Repayment The loan amount may be credited to SB / Salary Account of the borrower. 60 EMIs (subject to remaining period of service)

11) SCHEME FOR LOANS TO DOCTORS PARTICULARS Qualified registered medical practitioners with minimum qualification BIMS / BAMS / BUMS / Eligibility DHMS / BHMS / BPT / MBBS / BDS & above Constitution of the Borrower Individuals, joint borrowers, proprietorship, partnership and Company (Pvt./Public Ltd.) concerns where majority of share holding is by qualified medical practitioners only in case of firms/companies. 1.For acquiring premises on ownership basis required for running Clinics/Nursing Homes, subject to compliance with license / registration requirements under laws of State / Central Govt. as the case may be, be ensured. 2.For purchase of furniture & fixture, furnishing, renovating existing clinics. 3.For purchase of standard make medical equipments, professional tools, computers, UPS, software, library, books 4.The Loan for purchase of Car / Vehicle may be covered under Car / Vehicle Loan Scheme Amount of loan Rural area & Semi-Urban Urban & Metros Rs. 50.00 lacs (Composite loan limit ) Rs.100.00 lacs (Composite loan limit )

Purpose

Type of facility

a) Term loan b) Clean Over Draft limit - Rs. 5.00 lacs in shape of sub limit (Subject to availability of tangible collateral security equivalent to 200% of the OD loan limit, within the overall composite loan limit ceilings). Prime security

Security

1.Hypothecation of assets to be purchased/acquired with the help of bank's finance. 2.Equitable mortgage of business premises if financed by the Bank. Collateral security : For loans upto Rs.5.00 lac 1.Doctors having qualification of MBBS/BDS and higher professional degree No collateral security, except one third party personal guarantee of person having adequate net worth preferably of spouse. 2.Doctors having qualification other than the above. No collateral security, except two third party personal guarantees of persons having adequate net worth, one guarantee shall be of spouse. For loans above Rs.5 lac and upto Rs. 10.00 lacs Tangible & realizable collateral security equivalent to 50% of the loan amount and one personal guarantee preferably of spouse. For loans above Rs. 10.00 lacs Tangible & realizable collateral security equivalent to 75% of the loan amount and one personal guarantee preferably of spouse. In case loan is granted for acquiring premises, other term loans and working capital requirement, the loan for the premises shall be secured by mortgage of the property purchased and no additional collateral security may be insisted upon, however, the borrower shall furnish tangible & realizable security equivalent to 50% of the uncovered portion of other term loans including working capital loan. Guarantee Coverage under CGTMSE The option of guarantee coverage CGTMSE scheme may be offered to the borrower in case he / she is unable to provide the above said collateral securities for his / her proposed loan facilities. The Guarantee coverage under CGTMSE will be available as per the terms, eligibility criteria and premium defined under the scheme, as are communicated time to time. (Latest reference Circular No:HO:RDRPSC:126:2008-09:720 dated 04.01.2010) 25% Clik here to know rate of interest

Margin
Rate of Interest Penal Interest

In case of delayed payment, a penalty of 2% on the overdue amount for the over due period shall be charged.

Process fee 0.50% of the total limit sanctioned subject to minimum of Rs.500/- +Service tax, if any. / Upfront fee Repayment

Total repayment period including moratorium period shall not exceed seven years. Maximum moratorium period shall not exceed one year based on the justification and merits of the case. Term loan to be repaid in equated monthly installments.

12) SCHEME FOR LOANS TO PROFESSIONALS (OTHER THAN DOCTORS) PARTICULARS Eligibility Professionals (other than doctors) holding a degree/diploma or who in the opinion of the Bank are technically qualified or possesses skills in the respective field like registered practicing lawyers, Architects, Chartered Accountants, Chartered Engineers, Journalists, Management Consultants, Software Engineers etc.

Constitution of the Borrower

Individuals, joint borrowers, proprietorship, partnership and Company (Pvt./Public Ltd.) concerns where majority of share holding is by qualified medical practitioners only in case of firms/companies.

Purpose

Professionals whose investment in equipment (original cost excluding land & building and furniture, fittings and other items not directly related to the services rendered) does not exceed Rs.2 crore, then the loan shall be classified under Priority Sector as per RBI definition.

Amt. of Loan Rate of interest Penal Interest

Maximum Term Loan: Rs.20 lacs Clik here to know rate of interest In case of delayed payment, penalty of 2% on the overdue amount for the overdue period shall be charged.

Margin Process fee

25% of the assets financed 0.50% of the total limit sanctioned subject to minimum of Rs.500/-. Plus service tax, if any

Repayment

Maximum 84 months by equated monthly installments including moratorium period not exceeding 6 months.

Security

Hypothecation of assets purchased Mortgage of premises, if purchased Loans Upto Rs.5 lac: 50% of loan amount in the shape of collateral security and one personal guarantee, preferably of spouse Loans Above Rs.5 lac: 75% of loan amount in the shape of collateral security and one personal guarantee, preferably of spouse. In case the loan is required only for acquiring premises, no additional collateral security shall be insisted. For purchase of car/vehicle security norms shall be as per car/vehicle loan scheme.

Constitution of the borrower

Individuals, joint borrowers, proprietorship & partnership firms and Companies. In case of firms/companies, majority of share holding must be by professional only.

Penal Interest

In case of delayed payment a penalty of 2% on the overdue amount for the delayed period shall be charged.

13) Clean Loan to Traders SCHEME FOR LOAN TO TRADERS PARTICULARS 1.Traders who are individuals, firms, companies, co-operative societies, dealing in those goods, which Eligibility are not prohibited by RBI/Govt. 2.Small business concerns/agencies providing services such as Xeroxing, dry Cleaning, licensee to deal in petroleum products / LPG, drug licensee for the applicable business, petrol pump dealers, auto services centers ISD / STD / PCO booths and others. Purpose a) For Working Capital requirements To meet day-to-day working capital requirement. b) For Term Loan Acquiring premises/land & constructions on ownership basis required for running the business /financing of charges pertaining to conversion from lease hold to free hold of business premises. For repair, furnishing, renovating existing business premises and/or purchase of furniture & fixtures. For purchase of brand new equipments, business tools, computers, UPS, software etc. The maximum composite loan Rs. 50 lacs subject to following ceiling.

i. ii. iii. Loan limit

The working capital facility shall be allowed based on 20% of actual/realistic projected sales (in case of new units) turnover and the inventory level depending upon the nature of business. The facility can be allowed in the shape of working capital or Term Loan or both subject to maximum ceiling amount. In case of petty / small businessmen, BM may be permitted to allow composite Demand Loan upto Rs.2 lac repayable in 3 to 5 years on the basis of his genuine business requirement, where the borrower is unable to furnish the financial papers.

Permissible Bank Finance

For working capital: 20% of the turnover (actual for existing and projected in case of new units) to be reviewed/renewed on annual basis as per loan policy of the Bank. For Term Loan: a) 75% of cost of assets acquired in case of Term Loan. b) 75% of cost of premises to be acquired for business purpose. Cash credit/ Term loan upto Rs. 2 lac 1. Collateral security exempted upto Rs. 2lac only 2. Hyp. of assets purchased out of loan amount. 3. 3rd party guarantee of adequate net worth acceptable to the bank. Upto a limit of Rs.2 lac, no financial statements are required except statements of sales, purchases, gross profits, overheads and net profit duly signed by the borrower. Term loan/cash credit above Rs 2 lac and upto Rs 5 lac In case of Cash credit limits Hyp of stocks (stock statement to be obtained on yearly interval and insurance is to be done invariably). In case of Term Loan Hyp. of assets purchased out of loan amount. Collateral security in shape of NSCs, LIC (SV) or any other tangible security with realizable value, at least equivalent to 25% of the total exposure along with one third party guarantee of adequate net worth acceptable to the Bank. OR Mortgage of immovable property having realizable value at least equivalent to 75% of the total exposure along with one third party guarantee acceptable to the bank. For limit of Cash Credit / Term Loan above Rs.5 lac Collateral security in shape of NSCs, LIC (SV) or any other tangible security with realizable value at least equivalent to 50% of total exposure along with one personal guarantee of adequate net worth acceptable to the Bank OR Equitable mortgage of immovable property having realizable value at least equivalent to 100% of the total exposure. Third party guarantee may be waived, if collateral security standing in the name of borrower/promoter is having realizable value equivalent to 100% of the total exposure. However, guarantee of owner of property shall be obtained invariably, in case of collateral security standing in the name of third party.

Security

1. 2. 3.

In case of purchase of Shop / Office premises - Its mortgage is mandatory No additional collateral security is required, if the total loan limit is equal to or less than the value of purchase of shop /office premises. Note:

Margin

In case of exclusive Term Loan, or purchase of premises/ commercial building, the collateral security mentioned above may not be insisted upon. In case of commercial premises, the loan shall not be considered only for purchase of land. a) 25% on stocks (working capital). b) 25% on purchase of shops / Office premises. 0.50% of the loan amount with a minimum of Rs.500/ +Service tax, if any. The criterion for obtaining submission of stock statements is yearly, wherever the stocks are available. Clik here to know rate of interest In case of delayed payment, a penalty of 2% on the overdue amount for the over due period shall be charged. Term Loan - 3 - 7 years Working Capital Limit up to Rs.5.00 lac shall be sanctioned for three years and reviewed every year. Limit above Rs.5.00 lac shall be renewed every year.

Process fee Stock Statements Rate of Interest Penal Interest

Repayment

14) Loan to SMEs i. Salient features of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) The eligible loan limit under the Scheme is now Rs.100 lakhs. The credit guarantee cover has been raised from 75% to 85% for the following category of loans: Loans to Micro enterprises upto Rs. 5 lakh; and Loans to Micro and Small enterprises operated and/ or owned by women. The coverage of the Scheme will now be extended to all new and existing Micro and Small Enterprises (both in the Manufacturing Sector as well as Service Sector). INTEREST RATES ON MICRO ENTERPRISES ADVANCES (Manufacturing & Services ) TYPE OF ADVANCE REVISED RATE OF INTEREST ON ADVANCES W.E.F. 1st AUGUST 2011- %AGE PER ANNUM BASE RATE = 10.75% Size of the limit of the Micro Enterprises IMaCS Rating Grade Rate Of Interest Up to Rs 50000 N.A Base Rate +1.75% = 12.50% Above Rs 50000 but up to Rs 2.00 Lacs N.A Base Rate +2.50% = 13.25% Above Rs 2.00 Lacs but up to Rs 25.00 N.A Base Rate + 2.75% = 13.50% Lacs Above Rs.25.00 lac and up to Rs.1.00 crore 1 Base Rate +2.50% = 13.25% 2 Base Rate + 3.00% = 13.75% 3 Base Rate + 4.00% = 14.75% Below 3 Base Rate + 5.00% = 15.75% Above Rs.1.00 crore 1 Base Rate + 2.75% = 13.50% 2 Base Rate + 3.00% = 13.75% 3 Base Rate + 4.00% = 14.75% Below 3 Base Rate + 5.50% = 16.25%

o o
a. b.

INTEREST RATES ON SMALL ENTERPRISES (SE) ADVANCES (Manufacturing & Services ) TYPE OF ADVANCE REVISED RATE OF INTEREST ON ADVANCES W.E.F. 1st AUGUST 2011- %AGE PER ANNUM Size of the limit of the SMALL IMaCS Rating Grade Rate Of Interest ENTERPRISES Up to Rs 50000 N.A Base Rate +1.75% = 12.50% Above Rs 50000 but up to Rs 2.00 Lacs N.A Base Rate +2.50% = 13.25% Above Rs 2.00 Lacs but up to Rs 25.00 N.A Base Rate + 2.75% = 13.50% Lacs Above Rs.25.00 lac and up to Rs.1.00 crore 1 Base Rate +2.50% = 13.25% 2 Base Rate + 3.00% = 13.75% 3 Base Rate + 4.00% = 14.75% Below 3 Base Rate + 5.00% = 15.75% Above Rs.1.00 crore 1 Base Rate +2.75% =13.50% 2 Base Rate + 3.00% = 13.75% 3 Base Rate +4.00% = 14.75% Below 3 Base Rate + 5.50% = 16.25% INTEREST ON SSI ADVANCES TO WOMEN ENTREPRENEURS The Specific concession to Women enterprises be restricted to 0.50% by the Branches and Regional Heads with minimum ceiling of 10.00% (i.e. PLR minus 2%)

INTEREST RATES ON MEDIUM ENTERPRISES (ME) ADVANCES TYPE OF ADVANCE Size of the limit ENTERPRISES Up to Rs 25.00 Lacs of the REVISED RATE OF INTEREST ON ADVANCES W.E.F. 1st AUGUST 2011- %AGE PER ANNUM MEDIUM IMaCS Rating Grade Rate Of Interest 1 2 3 4&5 6 & Below 1 2 3 4&5 6 & Below 1 2 3 4&5 6 & Below Base Rate +2.50% Base Rate + 2.75% Base Rate + 3.00% Base Rate +3.25% Base Rate +3.50% Base Rate + 2.75% Base Rate + 3.00% Base Rate + 4.00% Base Rate + 5.00% Base Rate + 5.50% Base Rate + 2.75% Base Rate + 3.00% Base Rate + 4.00% Base Rate + 5.50% Base Rate + 6.00% = 13.25% = 13.50% = 13.75% = 14.00% = 14.25% = 13.50% = 13.75% =14.75% = 15.75% = 16.25% = 13.50% = 13.75% =14.75% = 16.25% = 16.75%

Above Rs 25.00 Lac and up to Rs 1.00 Crore

Above Rs 1.00 Crore

SIZE OF THE LIMIT OF THE SME ACCOUNT FOR DETERMINING THE RATE The revised rate of interest on SME accounts is based on the size of limits sanctioned to the borrower. The limits to be taken into account shall be as follows:

a) Non-fund based limits sanctioned to the SME borrower shall not be included in the total limits for determining the rate of interest. b) All fund -based limits including term loans and working capital limits shall be taken into account for determining the rate of interest. c) In the case of term loans, the original term loan limit is to be taken into account and not the outstanding in the term loan.

15) Loan to Women >> >> Oriented Mahila Vikas Yojana Oriented Mahila Vikas Yojana
Purpose: To meet Credit needs of Women Entrepreneur. Eligibility: Women Entrepreneurs enterprise consisting of all units managed by one or more in proprietary concerns or in which she/they individually or jointly have a share capital of not less than 51% as partners/ shareholders/ directors of a private ltd. company/members of a co-operative society. Amount of Loan: Need Based Security: No collateral security upto Rs.10 lacs and in case of SSI no collateral security required up to Rs.25 lacs. Only Hypothecation of Assets created out of Banks finance be taken as security. Click Here for Rate of Interest Margin: SSI As applicable under the SSI Segment. Other than SSI Upto 25000 - NIL Above 25000 - 15% To 25% Depending upon the quantum & purpose of loan.

In case of SSI As applicable under SSI Segment. Other Than SSI

Upto Rs. 2 lacs at PLR Above Rs. 2 lac & up to Rs. 10 lacs at PLR +1.5% Above Rs. 10 lacs at PLR +2.5% Repayment: Maximum upto 7 Years Scheme for Professional & self Employed Women Purpose: Purchase of Fixed Assets(Term Loan) and for meeting Working Capital needs. Eligibility: Professional & Self-employed Women Amount of Loan: Maximum Total limit Rs.5.00 lacs including Working Capital limit of Rs.1.00 lacs Security: Charge over the Assets purchased out of Banks finance. Click Here for Rate of Interest Margin: Upto Rs.25000/- - NIL Above Rs.25000/- to 5.00 lacs - 15% Repayment: Term Loan 5-7 years (EMI) Cash Credit to be reviewed/ renewed as per Banks system in vogue.

Scheme for Beauty Parlor/ Boutiques/ Saloons/Tailoring SCHEME FOR BEAUTY PARLOURS / BOUTIQUES / SALOONS / TAILORING BY WOMEN PARTICULARS To develop entrepreneur-ship among women and also to ensure the easy, timely and convenient Propose access to institutional credit. Nature of facility Term loan For the purchase of tools/equipment/furniture & fixture, shop etc. Working capital For running day to day expenses of business

Applicant's Eligibility

Proprietary concerns of women Partnership firms, where majority partners are women Companies, where majority of promoters shares are held by women Upto 10 lacs Out of which WC not to exceed Rs.5.00 lac Loan upto Rs.25,000/Nil Above Rs.25,000/- & upto Rs.2.00 lac 15% Above Rs. 2.00 Lac & up to Rs. 10.00 Lacs 25% In case of purchase of shop the margin will be 25% irrespective of loan limit. Clik here to know rate of interest Penal interest @ 2% p.a. over and above the normal lending interest rate shall be charged on irregular portion & for the period of irregularity. 0.50% of the loan amount with a minimum of Rs.500/ plus service tax, if any. Primary Charge over the assets (movable & immovable) purchased out of Bank's finance. Collateral Up to Rs. 2.00 lacs - NIL Above Rs.2.00 lacs- Tangible collateral security up to 100% of loan value. The option of guarantee coverage CGTMSE scheme may be offered to the borrower in case she is unable to provide the above said collateral securities for his above said loan facilities. The assets financed by the Bank are to be got comprehensively insured under Bank's agreed clause and the cost of insurance is to be borne by the borrower. In case of Term Loan, the repayment period is 5 to 7 years with maximum moratorium of 3 to 6 months depending on the Cash flow / project viability report. However, working capital shall be reviewed / renewed as per bank's system in vogue.

Loan Amount

Margin

Rate of interest Penal Interest

Process / upfront fee Security

Guarantee Coverage under CGTMSE Insurance

Repayment

Scheme for Financing Working Women Purpose: To meet House hold, Medical expenses or any other such needs for the Women working in Central/State Govt./ PSUs/ Autonomous bodies/ Schools/ Colleges and other institutions and well established companies. Eligibility: Working Women (Permanent Employees with Min. 5 years Service and 5 years remaining service) Amount of Loan: Maximum up to Rs.2 lac Security: Third party Guarantee preferably of Fellow Employee Click Here for Rate of Interest

Margin: NIL Repayment: Maximum 5 years (EMI)

16) Other Loan Schemes >> >> Loan against Govt. Securities Loan against Govt. Securities SCHEME FOR FINANCING AGAINST GOVT. SECURITIES/LICs ETC PARTICULARS Eligibility All Indian Nationals of 18 years and above

Purpose Type of Facility Firms/companies provided the offered securities are in the name of those firms/companies. They should have satisfactory account with our Bank To meet personal expenses / business expenditure except speculative / prohibited purposes.

Overdraft limit (renewable every year) Demand Loan (repayable in 36 months) Under no circumstances, the facility would run beyond maturity of the security papers)

Amount of Loan Rs.50.00 lac (maximum) Security Govt. securities, PSU Bonds, Securities/Relief Bonds issued by RBI/SBI/ICICI/IDBI, NSCs, LIC Policies of LIC of India or any other such security transferable/assignable to the Bank.

Margin

10% surrender value of LIC Policy (surrender value certificate to be obtained on annual basis in the month of April every year) 25% of the face/accrued value of the security in other cases. Click here to know rate of interest Penal interest @ 2% p.a. over and above the normal lending interest rate shall be charged on irregular portion & for the period of irregularity.

Rate of interest Penal Interest

Process / upfront Rs.10/ per certificate with a minimum of Rs.50/ +Service tax, if any. However, postal charges, if any, shall also be recovered from the borrower. fee

Agriculture Loan Scheme >> >> MODEL SCHEME FOR FINANCING COCONUT FARMING MODEL SCHEME FOR FINANCING COCONUT FARMING MODEL SCHEME FOR FINANCING COCONUT FARMING Purpose: Credit facilities can be provided for establishment of new Coconut plantation/rejuvenation of existing Coconut plantation/ planting coconut on field bunds and on fish tank bunds/ reclamation of water logged kayal lands and marshy lands near sea-shore and establishing coconut gardens there/ maintenance of existing Coconut Gardens/ to carry out improved package of practices and to prevent coconut plantation from disease and pest. Eligibility: Individual farmers {including Self Help Groups (SHGs) or Joint LiabilityGroups (JLGs), i.e. groups of individual farmers}, corporates, partnership firms and institutions. Rate of Interest Term Loan: As in Direct Agriculture Crop Loan / Working Capital: As per Oriental Green Card (As per RBI interest subvention scheme, interest charged on short term production loan with a principal amount upto Rs.3.00 lac is 7% p.a) Security

Loan Amount Security Up to Rs 100,000/Only Primary security i.e. Hypothecation of crop Above Rs 1.00 lac1. Hypo. Of Crops/ Assets created by Bank Finance and up to Rs 2.00 lac AND 1. Mortgage of Agricultural Land with value equal to the amount of loan OR 3rd party guarantee of adequate net worth acceptable to the Bank Above Rs 2.00 lac 1. Hypo. Of Crops/ Assets created by Bank Finance AND 1. Mortgage of Agricultural Land with value equal to the amount of loan.

Margin For Working capital: NIL, (Finance has to be made as per scale of finance fixed by the district technical committee.) Term Loan/ Investment credit:Up to Rs 100,000/Above Rs100,000/15% *The Regional Heads are authorized to reduce it to 10 % in deserving cases. Nil

Kisan Credit Card-Oriented Green Card(OGS) Kisan Credit Card-Oriental Green Card(OGC) Purpose : Crop production needs/ Working Capital needs for other Farm and Non-Farm activities (allied activities), for repair of Machinery, Consumption needs etc. Eligibility : Farmers / Cultivators / Artisans engaged in Farm and Non-Farm activities. Amount of Loan : Need Based. There is no ceiling. Security : Upto Rs. 1.00 Lac Above Rs. 1.00 Lac to 2.00 Lac

Above Rs. 2 Lac

Hypothecation of crops/goods . Hyp. of crops/goods and mortgage of agriculture land/property having twice the value of loan or third party guarantee. Hyp. of crops/goods and mortgage of agriculture land/property having twice the value of loan

Margin : NIL Composite Credit Scheme for Agricultural Leading Composite Credit Scheme for Agricultural Leading/Oriental Kisan Gold Card.

Purpose: For Credit needs of Farmers including those for Farm operations, development of agriculture etc. & domestic expenditure. Eligibility: All farmers. Amount of Loan: Maximum to the extent of 50% of the value of land offered as security or Rs. 25 lacs whichever is lower. Security: Upto Rs. 1.00 Lac Hypothecation of crops/goods .

Above Rs. 1.00 Lac to 2.00 Lac

Above Rs. 2 Lac

Hyp. of crops/goods and mortgage of agriculture land/property having twice the value of loan or third party guarantee. Hyp. of crops/goods and mortgage of agriculture land/property having twice the value of loan

Margin:

Upto Rs. 1.00 Lac - : Nil Above. Rs.1.00 Lac- : 15%

Repayment:

Working Capital in the form of Revolving Credit. Term Loan component upto7 years. Laghu Udhami Credit Card-Oriented business Card Scheme(OBCS) Eligibility : Persons engaged in activities like small business units, retail traders, artisans, village industries, small scale units, professional and self employed persons etc. Amount of Loan : Maximum loan up to Rs.10.00 lac per borrowal account. Margin : 10% Click Here for Rate of Interest Validity of card : Oriental Business Card limit will be valid for 3 years, The account will be reviewed on yearly basis through a simple process note, already in vogue. Security : Loan upto limit of Rs.25000/- : Hypothecation of assets created out of Bank funds under Oriental Business Card Loan Over Rs.25,000/- and Upto limit of Rs. 10.00 lacs : Primary security : Hypothecation of assets purchased by Bank funds. Collateral security : No Collateral security is to be obtained in case of Artisans (Permissible maximum credit limit per borrowal account is Rs. 2.00 lac). No Collateral security is to be obtained in case of Micro and SE Sector, Small Scale Service & Business (Inustry-Related) Enterprises-SSSBEs where per borrowal credit limit is upto Rs. 5.00 lac, however, cover under CGTMSE must be obtained in these cases. In all other cases (except those mentioned above), collateral security in any shape equal to the limit under scheme shall be obtained). Repayment : Within 5 years. Swarojgar Credit Card Scheme Purpose: For composite loan to small artisans/micro entrepreneurs. Eligibility: Small artisans/handloom weavers/small entrepreneurs etc. Amount of Loan:

Composite loan Max.Rs.25000/Security: Hypothecation of assets created out of Bank finance. Margin: Nil

Deposits
Oriental Salary Plus Corporate Strategy & Planning Department ORIENTAL SALARY PLUS Scheme for:

Any individual whose salary is directly credited to his account by the employer by any mode. Average Quarterly Balance of Rs.5,000/Levy of Rs.250/- in case of non maintenance of Average Quarterly Balance Features:Account opening with Zero Balance "Welcome Kit' with ready to use ATM card No cheque book charges (Including multicity cheques) Speed clearing facility in centres where the facility is available ATM/Debit Card (Free for 1st year. Rs.100 p.a. to be charged in subsequent years) Online Tax Payment & Payment of income Tax through ATM. NEFT/RTGS at 50% concessional Charges. ECS Debit/Credit free. Free Internet Banking Cash Management Services at concessional rates. Mobile Banking/SMS alerts on transactions Free accidental insurance up to Rs.100, 000/- (For 1st year only) Bank's Mediclaim Scheme at attractive premiums Demat Accounts Charges waived for one year. Saving Accounts

How to Open an Account ? Download or obtain Account Opening Form from the nearest branch, fill it up properly and deposit the same with the branch of your choice along with the following :1. Furnish proof of Photo identity in the form of a copy Passport/Driving License/Voter ID/Armed Forces ID Card/Ration Card/ID Card of any accredited Institution/PAN Card 2. Furnish proof of Residence in the form of a copy of Ration Card/ Passport/ Driving License/ Electricity Bill/ Telephone Bill/ Identity Card issued by any reputed institution. (ORIGINALS be shown only at the time of scrutiny of papers)/ Business address.) 3. Furnish PAN or declaration of Form No. 60 / 61as the case may be. 4. Furnish 2 photographs of all the prospective account holder(s). 5. Introduction about you from a person known to the bank preferably by an Account Holder of the Branch, whose account has run satisfactorily at least for the past six months. 6. Minimum deposits. In Semi Rural / In Urban Urban branches / Metropolitan

branches Without Cheque Book Facility Rs. 50 With Cheque Book Facility Rs. 100 FOR SENIORS CITIZENS AND PENSIONERS Without Cheque Book Facility Rs. 20 With Cheque Book Facility Rs. 250 Basic Banking Account Basic Banking Account Financial Inclusion-Basic Banking Account (SB-Basic) (Salient Features)

Rs. 100 Rs. 200 Rs. 20 Rs. 250

Oriental Bank of Commerce launched the Basic Banking 'No-Frills' Account Scheme as a Corporate Social Responsibility (CSR) of the Bank intended to make banking accessible to vast sections of the population, with the prime objectives as under: To help achieving greater financial inclusion by attracting vast sections / segments / strata of the society particularly the underprivileged ones / unbanked population of the country within the banking system. The Scheme came into effect from 16.01.2006, with Salient Features, as under: A. Eligibility: Indian National Citizens, unable to afford, without financial hardship, the cost of maintaining bank account, Individuals who intend to keep balances not exceeding Rs. 50,000/- in all their accounts taken together and total credits not exceeding Rs.1 lakhin a year. Opening of Account: with Simplified KYC Procedure based on satisfactory Introduction by another Account Holder, on whom KYC has been done, photograph of the customer, who intends to open the account, and his address need to be Certified by the Introducer. Account can be opened in individual capacity or in joint names or with minors. Features:

B.

C.

Nominal Initial Deposit of Rs. 10/- for opening of the Account. No Minimum Balance Requirement / No Minimum Balance Charges. No Standing Instruction Charges for Transfer of Funds within same Branch. No Incidental Charges on Account becoming Inoperative. 6 Withdrawals Free Per Month (Additional Withdrawals with Charges of Rs. 5/- Per Withdrawal). Nomination Facility. One Cheque Book of 25 Leaves, Free of Cost, during a Calendar Year. Cheques shall be Collected in these Accounts, as in case of other Savings Accounts. ATM Card facility shall be available to SB Basic Account holders. Other Services can be availed on Charges prescribed by the bank. SB Basic Account holders can deposit in Term Deposit Products viz. Progressive Deposit (PD) or Fixed Deposit (FDR) or Cumulative Deposit (CDR), however, aggregate of all the deposits, taken together, should remain within the Eligibility Ceilings. In case value exceeds Eligibility Ceilings / Rs. 50,000/-, 'SB Basic' shall be treated as 'SB General' account and all Terms/Conditions attached to 'SB General' shall become applicable for operation of the Account viz. fulfillment of KYC Norms, Minimum Balance and Charges as per the prevailing guidelines of the Bank. Once SB Basic upgrades to SB General, there will be no conversion back to SB Basic.

As a caution, bank may notify the Customer when balance reaches Rs. 40,000/- or the total credit in a year reaches Rs. 80,000/- that appropriate documents for conducting KYC be submitted otherwise operations in the account will be stopped when the total balance in all the accounts taken together exceeds Rs. 50,000/- or the total credit in the Accounts exceeds Rs. 1,00,000/- in a year.

Unnatideposit schemehttps://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel2_unnati1.pdf

 Jeevan Sarathi for Physically Challenged Jeevan Sarathi for Physically Challenged OBC JEEVAN SARATHI YOJANA
Purpose:- To empower and encourage physically challenged people to open accounts and avail concessional banking services. Eligiblity :- Physically challenged Persons like those suffering from, locomotor disability, Blindness (including low vision), hearing Impairment. Competent Authority Certifying Disability - CMO of any Govt. hospital. Features/Benefits of the Scheme:-

Savings Bank account with Zero balance. No minimum balance charges. Collection of Instruments At Par. Issuance of DDs/POs At Par (excepting against Cash). No Standing Instruction Charges. Free Internet Banking. Free "Proton" ATM Card. Free ABB Cash transactions upto Rs 50000/No Stop payment charges. Nomination Facility available.

SB Vidyarthi

Bank has launched a new scheme i.e. SB-Vidyarthi and Student Debit Card with the brand name 'Cashmate' which shall be issued to those students who are opening their SB account in this new scheme. In addition to normal benefits which are available in the Bank's ATM cum Debit 'Proton' card, the 'Cashmate' card offers overdraft facility to the students upto Rs.1500/- to meet their emergent, unforeseen expenses like books, stationary etc. This overdraft amount is secured through lien marked on the equal amount in the parent's account of the 'Cashmate' cardholder. The salient features of the scheme are as under: Eligibility: Parents of students having satisfactory Saving Bank Account for the past six months/ Parents of students having opened Saving Bank Account as per KYC norms. Over Draft Limit: Maximum Rs. 1500/- at any point of time. Interest: As applicable on clean OD Other Conditions: a) OD limit should be uploaded in the relevant saving account at the time of issuance of card. Branch should enter credit limit in the SB A/c before making request through DCREQ menu for

issuance of Debit Card. b) Lien letter (on format as per Annexure-1) to be obtained from the parent of the student cardholder by branch and mark lien in SB A/c for Rs.1500/-. However, this stipulation is not applicable in case where the applicant student has availed Education Loan from the Bank Issuance of cheque book: No. However, in case of major, branch may issue cheque book. Minimum balance to be maintained: No minimum balance required in the scheme. Issuance of Debit/ATM Card: New card i.e. "Cashmate" ATM cum Debit VISA International card shall be issued in this account. Annual Charges on Debit/ ATM Card: Nil. "Cashmate" Debit card can be used at our ATMs as well ATMs of other Banks in India and abroad. It can also be used at Merchant Establishment (MEs) in India and abroad.

Current Accounts Download Form

How to Open an Account ? Download or obtain Account Opening Form from the nearest branch, fill it up properly and deposit the same with the branch of your choice alongwith the following :1. Furnish proof of Photo identity in the form of a copy Passport/Driving License/Voter ID/Armed Forces ID Card/Ration Card/ID Card of any accredited Institution/PAN Card 2. Furnish proof of Residence (In the form of a copy of Ration Card/ Passport/ Driving Licence/ Electricity Bill/ Telephone Bill/ Identity Card issued by any reputed institution. ORIGINALS be shown only at the time of scrutiny of papers)/ Business address. 3. Furnish PAN or declaration ofForm No.60 / 61 as the case may be. 4. Furnish 2 photographs of all the prospective account holder(s). 5. Introduction about you from a person known to the bank preferably by an Account Holder of the Branch, whose account has run satisfactorily at least for the past six months. 6. Furnish undertakings/ documents/ declarations as applicable. Please refer Current Account opening form for details. 7. Minimum deposits. In Semi Urban branches Rs. 250 Rural / In Metropolitan branches Rs. 500 Urban /

Pragati Deposit Scheme

LAUNCH OF ORIENTAL BANK PRAGATI ACCOUNT SCHEME Name of the scheme Date of Commencement ORIENTAL BANK PRAGATI ACCOUNT SCHEME 14.08.2007

Eligibility ALL NEW CURRENT ACCOUNTS Minimum Amount of Deposit and balance to be maintained Urban & Metropolitan Rs.2500/Rural & Semi-urban Rs.1000/Validity of Scheme For a limited period only Add on Facilities 1. One Free ATM/ Debit Card for every Account. The ATM/Debit Card may also be permitted to the partners of the firm/Directors of the Company who are authorized to operate the Account. 2. Free Personal Accident (Death) insurance cover of Rs. 1 Lac (1st year) 3. Waiver of 100% ABB Charges during the 1st year. 4. Free internet / Tele banking 5. Waiver of Demat Account Maintenance Charges (for One Year) For Accounts maintaining Average daily Current Account Additional Benefits Balance of Rs. 5 Lacs or more 1. Free Draft issuance Facility 2. Free RTGS Facility upto Rs.5 Lacs. (However, mandatory RBI charges plus applicable service tax shall be recovered.

Term Deposit FLEXI FIXED DEPOSIT

1.

PRODUCT & BENEFIT:

Flexi Fixed Deposit products offer liquidity in the shape of Savings / Current deposit funds as well as higher returns as are available on fixed deposit funds. Moreover, there is also an element of flexibility as the depositor can meet funds requirement without losing the interest, since transfer of funds to Savings / Current account is made available as an in-built arrangement whenever required by the depositor. In nutshell, the scheme enables a depositor to get returns on his/her funds as a fixed deposit but at the same time retaining the character of liquidity which is available in Savings Banks/Current Account. 2. ELIGIBILITY: The Scheme is made available at all CBS branches and customer will have to fulfil following conditions for its availment:

a) Customer will have to open an operative Account (Savings or Current) under the Scheme (Flexi Fixed Deposit), if not maintaining one already. The Account Opening Form (AOF) shall continue to be the same as required for SB / CA. While obtaining Account Opening Form, the type of account will be marked as "FLEXI FIXED" on the AOF itself. The customer shall not be required to undergo formalities of getting issued separate fixed deposit receipts, whenever the funds are transferred from the Savings bank / Current account under the Auto Sweep.

b) In addition to the Account Opening Form, a Letter of Undertaking (Annexure II) and acknowledgement for Rules & Regulations (Annexure III) for carrying out the request for the fixed component of Amount and its Periodicity will be obtained from the customer (Proformae enclosed).

c) Resident Indian customers shall be eligible to open accounts under the scheme provided they maintain

such account in Savings Bank/Current Account under specific category as detailed in Annexure I.

d) Flexi Fixed Deposit accounts shall be opened either singly or jointly. e) To avail Flexi Fixed Deposit products, Staff, Ex-staff, Pensioners and Senior Citizens will have to maintain accounts under this scheme. However, concession in minimum balance requirement and penalty thereon for not maintaining minimum balance will not be available to these categories. 3. MINIMUM AMOUNT OF DEPOSIT:

In case of new accounts, the initial deposit, as per the respective category under which the account is proposed to be opened, shall be the pre-requisite. In case of non-maintenance of minimum Average Quarterly Balance (as per Annexure I), penalty as specified against each category of Savings / Current account shall be levied in the account. 4. PERIOD OF DEPOSIT:

A deposit under the scheme shall be accepted for a period of 90 days to five years in flexi saving accounts and for 15 to 45 days in flexi current accounts. By default, it is 90 days in flexi Saving accounts and 15 days in flexi Current accounts. 5. PAYMENT OF INTEREST:

The amount invested in the scheme shall attract rate of interest prescribed by the Bank on domestic Term Deposits from time to time. Simple/ compounded interest shall be booked on quarterly basis but liquidation of interest will be as applicable for the respective scheme. Staff / Ex-Staff and Senior Citizens will be entitled for additional rates in Flexi Fixed Deposits as applicable in Domestic Term Deposits (as applicable to the category of depositor). As per the extant rules, no premature payment penalty is levied if the amount of Single Deposit is up to Rs. 5 lacs. As such the provision of premature penalty shall be applicable on the amount of reverse sweep in case the amount held in Flexi Fixed Deposit (from which reverse sweep is made) is more than Rs. 5 lacs. The remaining balance of the FFD will continue to earn interest as per normal rate till maturity. 6. AUTO SWEEP (SWEEP - IN):

When the balance amount in FFD linked Savings Bank / Current account shall cross over the minimum balance, the excess, in multiple as applicable for different categories as per enclosed Annexure I, will be transferred automatically to Flexi Fixed Deposit account, for the time period as mandated by the depositor at the time of opening of account under the scheme. 7. REVERSE SWEEP (SWEEP OUT):

Through reverse sweep facility, the amount lying in Flexi Fixed Deposit shall be available to the depositor

whenever there is a requirement of funds in his / her / their operative account i.e. savings / current account. As such, whenever the depositor issues a cheque or uses ATM card and the available balance in his/her connected Savings/Current Account is not sufficient, Reverse Sweep will automatically withdraw the required amount from Flexi Fixed Deposit account and the remaining amount in FFD will continue to earn the same rate of interest, as agreed upon in the contract. In such event, the amount from flexi fixed deposit shall be transferred to his / her / their savings / current account by following the LIFO (last in first out) method. However, the funds to be transferred as a reverse sweep to Savings Bank/Current Account will also meet the requirement of maintaining minimum balance. 8. ISSUANCE OF PASS SHEET (STATEMENT) IN LIEU OF DEPOSIT RECEIPTS:

In lieu of the regular Term Deposit Receipt, the Flexi Fixed deposit Pass Sheet shall be made available to the customers maintaining account under the scheme. A well established arrangement is already in place for generation and dispatch of this statement to the customers. COPEC Secunderabad will issue pass sheet to the customers of all the branches of the Bank who maintain account under this flexi deposit scheme. 9. RESTRICTION ON LOAN:

No loan / OD in any shape shall be allowed against deposit held in Flexi Fixed Deposit Scheme. 10. 1. 25,000/ SB Smart Save modified as follows: Threshold for transfer to Term Deposit from Savings deposit to be raised from Rs10,000 to Rs

2. Average quarterly balance to be increased to Rs25,000/ 3. RTGS/NEFT to be allowed at 50% concession. 4. Speed Clearing with no charges ( Charges by Clearing House to be collected) 5. Free ECS debit and Credit 6. Instant credit of outstation cheques upto Rs25,000. 7. At Par collection of Government Cheques. 8. Free SMS facility 9. Free cheque books 10. Minimum sweep out amount to be raised from Rs 1,000/ to Rs2,000/ 11. Sweep in amount is fixed at Rs.5,000/Saving Smart Save Gold modified as follows. 1. Threshold for transfer to Term Deposit from Savings deposit is Rs 50,000/ 2. Average quarterly balance to be Rs50,000/ 3. Free RTGS/NEFT ( Charges by RBI to be collected). 4. Speed Clearing with no charges ( Charges by Clearing House to be collected)

5. Free ECS debit and Credit 6. Instant credit of outstation cheques upto Rs50,000. 7. At Par collection of Government Cheques. 8. Free Non-cash Transactions under ABB 9. Free SMS facility. 10. Free Cheque books 11. Minimum sweep out amount to be raised from Rs 1,000/ to Rs2,000/ 12. Sweep in amount is fixed at Rs.5,000/Current Account Premium Gold 1. Threshold for transfer to Term Deposit from Current deposit raised from Rs1,00,000/ to Rs 2,00.000/ 2. Average Quarterly Credit Balance increased to Rs.2,00,000/3. No Charges for Cheque Books 4. Maximum Limit for Cash Transactions-ABB (Receipts & Payments combined) - Rs.1 Lac 5. No Charges for Cash Transactions up to Rs.50,000/- Above Rs.50,000/- - Irrespective of location Rs.0.75 per thousand or part thereof for full amount with a minimum of Rs.25/6. Non Cash Transactions - No Charges for transactions up to Rs.2,00,000/7. NEFT/RTGS 50% concession 8. Free SMS facility

Tax Saving Term Deposit

ORIENTAL BANK TAX SAVING TERM DEPOSIT

Name of the scheme:

Oriental Bank Tax Saving Term Deposit Scheme (u/s 80C of Income Tax Act 1961)

Who can deposit under the scheme:

An individual or a Hindu Undivided Family (HUF) having Permanent Account Number (PAN) can make deposit under the scheme.

Type of Deposit

The deposit can be either in the form of Fixed Deposit or Cumulative Deposit

(a) Single holder type deposit The single holder type deposit receipt shall be issued to an individual for himself or in the capacity of the Karta of the Hindu Undivided Family (HUF).

(b) Joint holder type deposit The joint holder type deposit receipt may be issued jointly to two adults or jointly to an adult and a minor, and payable to either of the holder or the survivor. Provided that in the case of joint holder type deposit, the deduction from income under section 80C of the Income Tax Act shall be available only to the first holder of the deposit.

Fixed Deposit:

Fixed deposit can be issued with monthly or quarterly interest payment option.

Cumulative Deposit:

Interest is compounded at quarterly rests and payable with principal on maturity.

Amount of Investment:

The depositor can invest any amount not exceeding Rs. 1.00 lac (One Lac Rupee) in a financial year, minimum being Rs. 100/- and in multiple thereof.

Period of deposit

The period of deposit shall not be less than five years.

Premature payment

The lock in period under the scheme shall be five years; as such the terms deposit cannot beencashed before the expiry of five years from the date of deposit, except in case of death of depositor. In the event of the death of the depositor, premature payment of deposit can be allowed to nominee/ legal heirs as per policy of bank, which as of now is as follows;

i)

If the deposit is accepted before 26.12.2006, interest shall be paid at the applicable rate for the period, deposit remained with the bank. If the deposit is accepted on or after 26.12.2006, no interest shall be paid if prematurely encashed within 7 to 30 days. If the period of deposit is more than 30 days to less than 5 years, the rate of interest payable shall be as per normal domestic term deposits, for the period, the deposit remained with the bank, as applicable on date of contract/ deposit or the date of payment whichever is less, subject to the applicable extra benefit of 0.50% for Senior Citizen/ as advised by Head Office from time to time, without penalty. However, in any case the rate of interest payable shall not be more than the contracted rate.

ii)

iii)

Rate of Interest (w.e.f. 02.02.2011)

For other than Senior Citizens: 0.50% over the interest rates offered on other term deposits for a period of 5 years. For Senior Citizens: 0.50% over the rate for Other Than Senior Citizens

Issue of Deposit Receipt:

The deposit receipt shall signify Name of Scheme besides Name, Address, and Permanent Account Number (PAN) of depositor along with the other usual particulars like date, period, amount, rate of interest, maturity date, maturity value in case of Cumulative Deposit receipt or periodicity of

payment of interest (monthly or quarterly) in case of Fixed Deposit receipt.

Pledge of Deposit Receipt

The Tax Saving Deposit receipt shall neither be pledged to secure loan of any sort nor as security to any other asset. In other words, no advance of any nature, including by way of collateral security; to secure any asset, advance, guarantee or L/C can be allowed against pledge / lien of the deposit receipt/s.

Renewal of term deposit:

Renewal of Term Deposit in this scheme on maturity shall be as notified by the Government and in force from time to time. However, renewal will be allowed in general term deposit scheme i.e. by transferring the amount from this scheme to the general term deposit scheme but without Income Tax exemption.

Replacement of lost or destroyed term deposit receipt:

a) If a term deposit receipt is lost, stolen, destroyed, mutilated or defaced, the person entitled thereto may apply to the issuing branch for the issue of a duplicate receipt. b) A statement showing particulars, such as number, amount and date of the receipt, and the circumstances attending such loss, theft, destruction, mutilation or defacement, shall accompany every such application. c) If the Branch Incumbent is satisfied of the loss, theft, destruction, mutilation or defacement of the term deposit receipt, he shall issue a duplicate receipt, on applicant furnishing an Indemnity Bond in the prescribed form, with one or more approved sureties or with a bank guarantee. The fact duplicate receipt issued in lieu of lost receipt no... will be mentioned on the face of such receipt.

Cases where the deposit receipt is for Rs. 500- or less/ deposit receipt is be dealt with as follows:

mutilated or defaced, shall

i)

Cases where the amount of the deposit receipt lost, stolen, destroyed, mutilated or defaced is five hundred rupees or less, a duplicate receipt or receipts may be issued, on the applicant furnishing an indemnity bond without any such surety or guarantee.

ii) Cases where such application is made with respect to a receipt mutilated or defaced, of whatever face value, a duplicate receipt may be issued without any such indemnity bond, surety or guarantee, if the mutilated or defaced receipt is surrendered and the receipt is capable of being identified as the one originally issued.

d.) A duplicate receipt issued as per (c) above shall be treated as equivalent to the original receipt for all the purposes of this scheme except that it shall not be encashable at a branch or the bank other than the branch at which such receipt is issued without pervious verification.

Nomination

a) Under the scheme, the single holder or the joint holder of a Term Deposit may nominate only one person who in the event of death of the single holder / both the joint holders, as the case may be shall become entitled to the deposit and to the payment due thereon. b) The name of the nominee, as the case may be, must be mentioned on the face of deposit receipt. c) No nomination shall be made in respect of a term deposit applied for and held by or on behalf of MINOR. d) In the event of the death of the holder of a term deposit in respect of which the nomination is in force, the nominee shall be entitled at any time before the maturity or after the maturity of the term deposit to encash the term deposit, as per banks norms. e) For the purpose of payment, the nominee shall make an application to the Branch Manager, supported by proof of death of the holder.

Payment to Legal Heirs

If holder of a term deposit dies and there is no nomination in force at the time of his death, his/ her legal heirs are entitled to claim the sum due to the deceased, as per banks norms. Transfer from one branch to another The term deposit account can be transferred from one branch to any other branch, on the depositor making an application, at either of the two branches. Every such application shall be signed by the holder of the term deposit receipt.

Income Tax Exemptions:

The principal amount is tax exempted under section 80C of the Income Tax Act, 1961 (43 of 1961) subject to the overall ceiling of Rs. 1.00 lac, along with investment in other schemes like PF, PPF, NSC, Insurance Premium, and Infrastructure Bonds etc. Interest on these deposits shall be liable to tax under section 194A or section 195 of the Income Tax Act. Accordingly, the interest amount is liable to TDS. 15H / 15G wherever applicable as in case of other term deposit schemes and as per Government guidelines.

A unique Term Deposit Scheme for future Senior Citizens.

Best for the age group of 55 years to below 60 years of age. Period of Deposit- 5 years to 10 years. Rate of Interest for Deposit of less than Rs. 1.00 cr: 9.50% (w.e.f. 15.07.2011) The special feature of the scheme: 9.50+0.50=10.00% i.e. an additional benefit of 50 basis points automatically on attaining the age of 60 years.

Progressive Deposit General

Minimum Installment:Rs 10/- or in multiples thereof 6 months to 120 months Period : Quartely Compounding Compounding : As applicable for the period of Deposit Rate of Interest :

Senior Citizens : TDS : Loan facility :

0.50% additional Not applicable upto 95% of accrued value

OR I E N T A L B A N K O F C O M M E R C E New Recurring Deposit Scheme OBC Aadhar Highlights/Features*

Variable Progressive Deposit Scheme Core Monthly Installment: Rs.10 & Multiples thereof, with a maximum of Rs.50,000 p.m. (Amount of monthly Installment may vary subject to 10 times of the core amount or Rs. 50000/- whichever is less) Term of Deposit: 1 Year to 10 Years Loan Facility: 95% of Accrued Value Rate Of Interest: As applicable for the period of deposit Senior Citizens: 0.50% extra Interest No TDS Lump sum payment of maturity. Features subject to change from time to time

FINANCIALS

https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_directors_reports_2011.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_managmentdiscussionanalysisReportjune.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_croporateGovernce_2011.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_Performanceglancejune11.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_chairmanmsg2011_A.pdf Balance sheet- https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_BS310311.pdf Scheduleshttps://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_SCHEDULES310311.pdf CARhttps://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_ACCOUNTS310311.pdf https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_ACPOLICIES310311.pdf Cash flow statementhttps://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_cashflowstatemtent_2011.pdf Quarterly profit- https://www.obcindia.co.in/obcnew/upload/obc/MainMenuEnglishLevel3_Presentation_DEC_2011_FINAL.pdf

Technology
IT Initiatives Taken by The Bank IT Initiatives Taken by Bank The Bank has been constantly taking new initiative in Information Technology with the increased focus on customer service

and setting up of new delivery channels. The Bank has computerized all its branches & Extension Counters (E/C) on CBS and with this complete business of the Bank is getting routed through Centralized Banking Solution (CBS). The Bank has also deployed several electronic delivery channels such as ATMs, Internet Banking including utility payments, SMS Banking etc. and brief status of these projects is given herein below:

Centralized Banking Solution (CBS):

100% CBS Bank with 1717 Branches & 23 Extension Counters . Anywhere, Anytime, Anybranch Banking resulting in Customer of the Bank, rather than customer of the Branch. Host of IT Enabled products e.g. RTGS/NEFT/Flexi Deposit Etc. available through all 1717 Branches & 23 Extension Counters. Speed Clearing

Bank has put in place the required IT Infrastructure for implementation of the Speed clearing project of RBI. Cheques of all Branches of our Bank are being accepted and passed for payment at all the presenting centres. Automated Teller Machine (ATM):

1266 ATMs as on 29.02.2012. Onsite: 929 , Offsite: 330 & Mobile: 7 Access to about 90,000+ ATMs of other Banks through NFS and "Visa". Bio-metric ATMs to enable transaction authorization through finger prints. Internet Banking:

On line Balance inquiry. Transactions History. Statement of Account for a given period. Cheque status Inquiry. Stop payment of cheques. Fund transfer to own accounts & other accounts. Facility of Railway Ticket Booking by providing Payment Gateway to IRCTC. Online Trading of Shares. Available through all Branches of the Bank. SMS Banking:

These services facilitate automatic transmission of SMS to the customers chosen mobile number for various

transactions in his account and cover following :Credit /debit alerts for amounts specific to individual customers. Threshold alerts to customers if balance goes below minimum balance being maintained under different type of accounts. Cheque clearing intimation alerts. Weekly balance alerts to all/specific accounts. Promotional alerts viz information about new launches/ Forex rate/ Loan Query etc. Transactions happened through various delivery channels viz. Internet Banking, ATM etc irrespective of transaction amount. Mobile Banking- "OBCmPAY" :

Any Customer of Bank having Java enabled Mobile phone irrespective of the Mobile Service Provider viz. Airtel, MTNL, Vodaphone, VSNL, Idea, Reliance etc., can register for "OBCmPAY" and avail following servicesAccount Balance Enquiry Account Statement Intra Bank Fund Transfer IInter Bank Fund Transfer ATM Locator Branch Locator Online Education Loans:

The student aspiring to pursue higher studies by the Banks assistance can do so by availing loan from Oriental Bank Of Commerce.They can apply for the loan online at the Banks Website named http://www.obcindia.co.in by following few simple user friendly steps. Dedicated team of officers keep track of such online requests and facilitate quicker processing and disposal of such online requests. The status of application is periodically updated on the Banks website which can be tracked by students from the cyber receipt reference number provided at the time of submission of online application. OBC e-shoppe:

OBC e-shoppe provides a platform for availing various online services such as booking Railway Tickets, Air Tickets, Hotel accommodation besides online shopping through more than 1000 websites of leading stores of books, jewelleries, music stores and other household products. The customer can make online payment for these products and services through the net banking account of our Bank. OBC e-Taxes:

Coming out with another IT initiative,the Bank is now providing the facility through which all types of direct taxes can be deposited by the customers online through the net banking services from the comfort of their office or home. The challan will be generated online and the same should be preserved for future reference and records. Online Fee Deposit:

Provision of depositing online fees to various schools/educational institutions through Internet.

Parents/Students can deposit the school fee of select schools using their Net Banking account with us. Fees receipt shall be issued online to the depositor. Online Tax Accounting System (OLTAS):

OLTAS is a service provided by the bank for acceptance of Income Tax and other direct taxes on behalf of Government. The customers including Corporates, Individuals, Proprietorship concerns, Partnership firms, Trusts, Club, Society, etc. can pay their tax liability through banks OLTAS window available through 145 select branches across the country. Cash Management Product for Corporate:

The Bank has introduced the Cash Management Services For Corporate Clients. It offers IT enabled stateof-the-art solution to the Cash and Receivable Management for large Corporate/ business entities having wide spread areas of business operations. Cash Management Services / Solutions are available both for collections of receivables at more than 250 Direct Deposit Centres (Integrated Collection Centres) and payments (disbursement of salary, mandatory dues, etc.) at any location in India within the shortest possible time. Integrated Collection Centres (locations) for direct deposit of instruments / collection of upcountry instruments are offered by saying YOU NAME IT, WE HAVE IT. Cheque Truncation System:

The Bank is an active participant in the Cheque Truncation System (CTS) project of RBI, presently implemented in NCR Delhi. Branchless Banking-Financial Inclusion:

The Bank has started Financial Inclusion on pilot basis in the districts of Ferozepur, Amritsar in Punjab and Dehradun in Uttrakhand. For the convenience of villagers, hand held devices are installed in the identified villages. Customers in these villages can do banking transactions, both Cash withdrawal and deposit by using smart Cards being issued to them bearing their photograph and Basic particulars. Electronic Clearing Services (ECS Credit):

The Electronic Clearing services facilitates single debit and bulk credits. This scheme is useful for giving credits for dividend warrants or for making voluminous debits / credits such as payment of bills, disbursal of salaries, Interest etc by the Corporates. It eliminates delays due to postal / clearing as the amount gets directly credited to the respective customers account. Electronic Clearing Services (ECS Debit):

Facilitates Single Credit and Bulk Debits. This Scheme is useful for Utility Companies, banks/institutions receiving periodic/repetitive payments towards electricity bills/telephone bills/loan installments/insurance premium etc.

MICR Processing Centre:

The bank has established its own MICR Processing Centre at Amritsar, Punjab. More than 200 branches of different banks participate in Clearing Operations through Service/ Main branches of respective banks. Wide Area Network (WAN) And DR:

Robust, secured and efficient Enterprise Wide Area Network covering approx. 1500 locations. This Network is primarily a Leased Line Based Network with ISDN as a backup. The network is a three-tier architecture viz. Core, Aggregation & Access layers. Near Line Site (NLS) at Vashi, Mumbai connected to DC through Optical Fiber. Disaster Recovery Site at New Delhi and well-documented Business Continuity Plan (BCP). The Bank has 3-way Data Centre with Primary Data Centre, Near Line Site (NLS) at Mumbai and DR site at Delhi. IS Security:

Bank has implemented adequate Security controls so that information and information systems remain inaccessible to unauthorized persons. All the WAN links and network equipments are monitored centrally through the Network Operation Centre 24 * 7 basis. 3DES - 168 bit algorithm is used for encrypting data packets sent across the network. Perimeter Security devices have been deployed to secure the DATA.

GOVT.businessNew Pension System (NPS) New Pension System (NPS) Govt. of India has introduced the New Pension System (NPS) for Govt. employees w.e.f January 1, 2004, which covers new entrants to Central Government services (excluding Armed Forces) and some State Government services. With the objective of promoting old age income security among all citizens, Govt. of India has now made NPS available to all citizens of India, other than Govt. employees w.e.f May 1, 2009 on a voluntary basis. Pension Fund Regulatory and Development Authority (PFRDA), the regulator for the NPS, is responsible for registration of various intermediaries in the system such as Central Record Keeping Agency (CRA), Pension Funds, Custodians, NPS Trustee Bank, etc.

Appointment of Oriental Bank of Commerce as Point of Presence (POP) PFRDA has authorised 22 entities including Oriental Bank of Commerce to act as Point of Presence (POP)/ Point of Presence Service Provider (POP-SP) i.e. designated branches of POP, for the purpose of interaction between the voluntary subscriber and the NPS architecture. POP/ POP-SP shall perform the functions relating to providing information on the NPS to citizens, registration of subscribers, undertaking Know Your Customer (KYC) verification, receiving contributions and instructions from subscribers and transmission of the same to designated NPS intermediaries including transfer of contribution money to Trustee Bank.

Subscription to NPS through Oriental Bank of Commerce You need to submit the Subscriber Registration Form along with the necessary documents as prescribed by PFRDA and contribution in Cash/ Cheque/ DD/ PO to the designated Oriental Bank of Commerce Branch across 52 locations Based on Subscriber Registration Form submitted at the Branch, PRAN will be allotted to the subscriber by the CRA within 15 days time and a PRAN Card kit will be dispatched to his/ her address. Once registered, a subscriber can make subsequent payments and submit various requests at any of the POP-SPs across India.

Mobile Banking- "OBCmPAY" : Who can avail this facility : Any Customer of Bank having Java enabled Mobile phone irrespective of the Mobile Service Provider viz. Airtel, MTNL, Vodaphone, VSNL, Idea, Reliance etc., can register for "OBCmPAY" and avail following services-

Account Balance Enquiry Account Statement Intra Bank Fund Transfer Inter Bank Fund Transfer The customers can avail OBCmPAY services by registering either by visiting the Branch or by registering through ATM. Registration through BranchesCustomers are required to submit duly filled application form for enabling Mobile Banking services. The application is available at Branches and it can also be downloaded from Bank's Web Site "www.obcindia.co.in (under Customer Service >> Forms Warehouse). Registration through ATMs of BankCustomers can alternatively visit any ATM of Oriental Bank of Commerce and register themselves using their debit card. The Process of registering for Mobile Banking through ATM is given hereunder Visit the nearest ATM of Oriental Bank of Commerce

Insert/dip ATM card in the ATM ATM prompts to enter ATM Card's PIN. Enter the PIN Select Others > Mobile Banking > Registration option in the ATM Menu ATM prompts to enter Mobile number Enter 10 digit Mobile number and select <Confirm> button ATM prompts to re-confirm Mobile number Please re-enter the same 10 digit Mobile number and select <Confirm> button

ATM prompts to select the Account Type options <CURRENT> or <SAVINGS> (only one account is permitted per mobile for Mobile Banking facility). If entered details are valid, ATM displays "Your Mobile Number Registered successfully" withApplication Activation code and mPIN and prints the same If the details are invalid, ATM Displays "Registration Failure" After successful registration customers would get an SMS in their registered mobile number containing the URL for downloading application Downloading of Application The application can be downloaded by either of the following two modes:-

1. Using Data Cable 2. Using GPRS (Mobile Internet) Using Data CableThe Mobile Banking application can be transferred to the Mobile Phone using the Datacable after downloading it on the Personal Computer or Laptop from the WebSite at the following url and putting in the mobile phone number and Activation code (for first time) and mPIN ( subsequently, if required) https://mobile.fssnet.co.in/MPAYPORTAL Visit the link <Tools- Download> and enter the required information and select download option. Using GPRSAlternatively, application can also be downloaded using the GPRS, to mobile phone itself from the link provided to customer in the SMS after their successful registration through ATM or Branch. Activation of Application While login first time to the mobile banking application downloaded to Mobile phone through any of the above methods, customers are required to enter their activation code (received either through the SMS confirming registration or on the ATM slip, if registered through ATM) and change their mPIN. Services1 Balance Enquiry

Select Balance Enquiry. Enter your 4 digit mPin. Get balance of account on screen 2 Mini Statement Select Mini statement. Enter your 4 digit mPin. Get mini statement containing last 9 transactions of your account on screen . 3 Fund Transfer : Within the Bank

 Mobile to Mobile (One time registration of beneficiary)

Select beneficiary registration Enter beneficiary mobile number (beneficiary has to be a registered OBC mPAY customer) and mPin to complete beneficiary registration. (Transfer of Funds)

Go to Payment option and invoke the list of beneficiaries. Select beneficiary, Enter Amount and your 4 digit mPin. Get transaction successful message on screen and inbox. Beneficiary also gets an SMS. Mobile to Account (One time registration of beneficiary) Select beneficiary registration Enter the 14 digit a/c number of the beneficiary System fetches his name for your confirmation Confirm and complete registration (Transfer of Funds) Go to payment option and invoke the list of beneficiary Select beneficiary, Enter Amount and your 4 digit mPin. Get transaction successful message on screen and inbox. 4 NEFT (One time registration of beneficiary) Fund Transfer : Other Banks

Enter Beneficiary a/c no in other bank Enter other bank IFSC code Enter a nick name for the beneficiary Complete registration (Transfer of Funds) Go to Payment option and invoke the list of beneficiaries. Select beneficiary, Enter Amount and your 4 digit mPin. Get transaction successful message on screen and inbox. Funds are transferred to the other bank account through NEFT mode by Bank. 5. Change mPin

Customers willing to change their mPin, should select this option, enter their old mPin, after that new mPin, then re-enter their new mPin and then when asked "Allow application to send text message?" should Click Yes IMPS (InterBank Mobile Payment Services) Through NPCI (National Payment Corporation of

India) NPCI (National Payments Corporation of India) has launched the services of IMPS (Interbank Mobile Payment services) for integrating Mobile Banking Services being offered by various Banks through NFS network thereby facilitating instant Inter Bank fund transfer and credit to beneficiary account round the clock on all days. In order to facilitate instant Inter Bank fund transfer to our customers, we have also integrated with IMPS services of NPCI. This service shall be supplementary to the services of Inter Bank fund transfer services currently being offered by Mobile Banking services using NEFT platform. Features and Functions of IMPS servicesIMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones. IMPS facilitate customers to use mobile instruments as a channel for accessing their bank accounts and put high interbank fund transfers in a secured manner with immediate confirmation features.

It enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds Making payment simpler just with the mobile number of the beneficiary. How to avail IMPS services and its Activation 1.Customers already availing Mobile Banking Services of Bank- customers already availing mobile banking services of bank shall download the latest version of mobile banking application to their Mobile Phones. 2.Customers desirous of availing Mobile Banking and IMPS services- Customers shall register for Mobile banking services through ATM or Branch. 3.Customers desirous of availing IMPS services for inward credit only - Customers should register their services for SMS Banking services of Bank and after activation of services should send SMS "MMID" to the number 9223173923. Process for obtaining MMID (Mobile Money Identification Number) for -: 1.Customers already availing Mobile Banking Services of Bank Customer shall select menu option "Fund transfer< Other Bank< Register for IMPS" of mPay application to obtain MMID. 2.Customers Not availing Mobile Banking Services of Bank but are registered for SMS Alert facility offered by BankCustomer shall send SMS "MMID" to the number 9223173923 to obtain MMID. Menu Options of Mobile Banking applications for initiating IMPS transactions(One time registration of beneficiary)

Select Menu option Fund Transfer> other Bank> Beneficiary Registration>Online Fund transfer (IMPS) Enter Beneficiary MMID (seven digit number) Enter Beneficiary Mobile Number Enter a nick name for the beneficiary Complete registration (Transfer of Funds) Select Menu option Fund Transfer> other Bank> Payment>Online Fund transfer (IMPS)> Search Registered beneficiary

Select beneficiary, Enter Amount and your 4 digit mPin. Get transaction successful message on screen and inbox. Funds are transferred to the other bank account on real time basis. For Beneficiary (To receive funds): Share your Mobile number and MMID with the remitter Ask the remitter to send money using your Mobile number and MMID Check the confirmation SMS for credit to your account from the remitter Note the transaction reference number for any future query

CREDIT CARDhttps://www.obcindia.co.in/obcnew/upload/news/obc_Credit_card_14_dec_2011.pdf
OBC Direct Trading

OBC Direct Trading Oriental Bank of Commerce facilitates easy, transparent, hassle free and quick way to trade in large numbers of listed securities. There is no need to visit Branch or Brokers. OBC Direct Tradingexecutes the trade online or contacting the Broker over the phone. We have trading Tie up with M/s IDBI Capital Market Services limited and M/s Karvy Stock Broking Limited. "3-in-1 facility" can be availed, wherein the SB/CA and demat Account with oriental Bank of Commerce are interlinked with the Trading Account opened with any of the above Broker. Funds and Shares are transferred to the Oriental Bank of Commerce account of the customers on the payout day. Please click here to visit: IDBI Capital Market Services Limited www.idbipaisabuilder.com Helpline 022-39135001 Toll free No. 1800 22 3366: email customercare@idbipaisabuilder.in Karvy Stock Broking Limited: www.karvyonline.com Helpline - Toll free No. 1800 200 2799 email service@karvy.com Salient Features of OBC Direct "3-in-1 facility":

Trading from the comfort of your Home or Office. Trading even from the Remote Location. Trading on any Exchange NSE and BSE. Trading with intention of taking or giving delivery of shares. Intra Day Square off (only in normal segment of the Exchange). Lien marking of funds / securities only before happening of trade. Transfer of funds / securities only on confirmation of trade. No need of issuing Cheques for purchase or Delivery slips for sale of securities. Seamless credit of funds and securities in the Banking and Demat Account. SMS alert at the time of Lien marking as well debit of funds as well as Securities on the registered mobile no. Other usual Demat Services. OBC Direct Trading has a unique feature of 3-in-1 integration of your Banking (Savings / Current / Overdraft) Account and Demat Accountwith the OBC and the Trading Account with Karvy or IDBI. The customers availing OBC Direct Trading facility will be required to maintain designated Bank Account ( to which the amount to buy and sell securities/ shares will be debited/ credited ) and designated Demat Account ( to which the Shares / Securities bought and sold will be credited / debited ) with the Bank.

For availing the On Line trading facility the customers, will be required to register themselves with Karvy or IDBI for opening of On Line Trading account. Who can open the OBC Direct Trading accounts?

Individuals HUF Trusts Bodies Corporate ( Domestic or Foreign ) Societies Association of persons Mutual Funds Note: As per SEBI guidelines PAN card is mandatory for holding and trading in shares and securities. All the photo copies of the supporting documents are to be signed by the customers in the presence of the Bank official. Registration and Documentation (A) For New Customers: In order to enrol for OBC Direct Tradingthe client has to

1) Fill up Banking account opening form along with KYC compliance documents 2) Fill up Demat account opening form along with KYC compliance documents. 3) Fill up Trading account opening form of Karvy or IDBI along with Client- Broker Agreement cum authorisation along with cheque for registration fees (B) For Existing Banking Account Customers: Steps 2 to 3 of (A) above are required to be completed to enrol for OBC Direct Trading (C) For Existing Banking and Demat Account Customers: Step 3 of (A) above are required to be completed to enrol for OBC Direct Trading * Subject to change as per Government guidelines Login Id and Password After opening of the Trading Account Karvy or IDBI will register the customer and send / e-mail the Login ID and Password directly to the customer which will enable the customer to access the website for trading. On receiving the Login ID and Password the customer can commence on- line trading by visiting either OBC website i.e www.obcindia.co.in or Karvy or IDBI website directly. Other Links

Govt.Tender Website IRCTC for Railway Reservation Reserve Bank of India Indian Institute of Banking & Finance CANARA HSBC LIFE INSURANCE


Interest Rates on Deposits

Revision in Interest Rates on Term Deposits including NRO Deposits with effect from 01.03.2012 Maturity period Term Deposits less than Term Deposits of Rs 15 Lacs and above but Term Deposits of Rs 1 (Buckets) Rs 15 Lacs less than Rs 1 Crore Cr & above 7 days to 14 days 4.00% 4.00% 8.50%

Interest rate on Advances

As per policy, Interest on Advances are charged on reducing balances. Interest rates are chargeable on floating or Fixed rates depending upon scheme and terms & conditions of sanction. Maximum spread of the Bank is 3%,Penal rate for any irregularity in the loan accounts is 2% Interest Rates on Advances (w.e.f. 01.08.2011) Prime Lending Rate : 15.00% Prime Term Lending Rate (PTLR) : 15.00% Maximum interest spread over PLR/PTLR 3.00% (exclusive of Tax) other than export Credit and Consumer Credit : In respect of Borrowers enjoying limits up to 15.00% and inclusive Rs.2.00 lac: BASE RATE OF THE BANK W.E.F. 01-0810.75 2011 % Click to view Interest Rates on various Retail Schemes>> Details of Rate of Interest applicable on various Retails Schemes

REVISED RATE OF INTEREST ON RETAIL CREDIT ADVANCES W.E.F. 1st Aug, 2011 AS PER BASE RATE OF 10.75%- ANNEXURE-1 SCHEM PARTICULARS OF INTEREST RATE. E

BR + 2.75% = 13.50% Educatio Above Rs.4.00 BR + 3.50% n Loan Lacs = 14.25% Education Loan to Serving Professionals / BR + 3.50% Executives and Defence Personnel for Part-time = 14.25% courses Loan up to Rs.4.00 lac Housing Loans Granted At Floating Rate UP TO 5 YEARS Above 5 & upto 10 Above 10 &upto yr 20 yr +0.25% BR +0.50%= BR+0.75%=11.50% Up to Rs BR =11.00% 11.25% 30 lacs BR+0.75%=11.50 BR+1.00% BR Above =11.75% +1.50%=12.25% Rs.30-75 % lacs BR+1.25%= BR BR+1.75% Above +1.50%=12.25% =12.50% Rs.75 lacs- 12.00% Rs. 3.00 Crores Above Rs. The rate of interest shall be decided by sanctioning 3.00 authority on case-to-case basis. Crores

Financin Rate of interest for purchase of plot BR +1.50% = 12.25% g Of / flat/ house Earnest In case borrower adjusts loan by BR+7.00% = 17.75% Money disposing the plot or the loan, From the date of allotment / end account is not adjusted within date of stipulated period of the scheme, till liquidation of stipulated period of the scheme. account. Car/Vehicle If loan is repayable within 3 years Loan Scheme- If loan is repayable after 3 years Personal Use. (Including Car loan to Corporate clients) BR + 2.00% = 12.75% BR + 2.50% = 13.25%

Second Hand If loan is repayable within 3 years Car Loan

BR +5.25% 16.00%

BR +1.75% = 12.50% Loan To Traders Loan upto Rs.50000 Scheme Loan above Rs.50000 & BR +2.50% = 13.25% upto Rs. 2.00 Lac Above Rs 2 lac to Rs. BR +2.75% = 13.50% 25.00 Lacs Above Rs 25 Lacs to BR+2.50%=13.25% If Rs.50 Lacs rating is A++ (1) BR+3.00%=13.75% If rating is A+ (2) BR+4.00%=14.75% If rating is A (3) BR+5.00%=15.75% If rating is below A (4,5,6&7) Personal Loan scheme Loan to Pensioners Scheme BR +5.00% = 15.75% BR +3.50 % = 14.25%

Credit credit credit credit

+2.00% Scheme For Financing Loan up to 50.00 lac BR 12.75% Against Govt. Securities/LICs (max) etc. Women MICRO & SMALL Entrepreneu Loan upto Rs.50000 BR +1.75% = 12.50% rs Scheme/ Loan above Rs.50000 & upto Rs. BR +2.50% = 13.25% Financing 2.00 Lacs Beauty Above Rs. 2.00 Lac & up to Rs. BR +2.75% = 13.50% Parlors/ by 10.00 Lacs Women MICRO & SMALL Scheme For Loan upto Rs.50000 BR +1.75% = 12.50% Financing Loan above Rs.50000 & upto Rs. BR +2.50% = 13.25% Auto / Taxis 2.00 Lac

Above Rs 2 lac to Rs. 25.00 Lacs Above Rs 25 Lacs to Rs.50 Lacs

BR +2.75% = 13.50% BR+2.50%=13.25% If Credit rating is A++ (1) BR+3.00%=13.75% If credit rating is A+ (2) BR+4.00%=14.75% If credit rating is A (3) BR+5.00%=15.75% If credit rating is below A (4,5,6&7)

MICRO & SMALL Loans to Loan upto Rs.50000 BR +1.75% = 12.50% Professionals Loan above Rs.50000 & upto Rs. BR +2.50% = 13.25% (Except 2.00 Lac Doctors) BR +2.75% = 13.50% Above Rs 2 lac to Rs. 20.00 Lac MICRO & SMALL for Loan upto Rs.50000 BR +1.75% = 12.50% to Loan above Rs.50000 & upto Rs. BR +2.50% = 13.25% 2.00 Lac BR +2.75% = 13.50% Above Rs 2 lac to Rs. 25.00 Lacs Above Rs 25 Lacs to Rs.1.00 crore BR+2.50%=13.25% If Credit rating is A++ (1) BR+3.00%=13.75% If credit rating is A+ (2) BR+4.00%=14.75% If credit rating is A (3) BR+5.00%=15.75% If credit rating is below A (4,5,6&7)

Scheme Loan Doctors

Advance 1.)Rate of Interest for Agriculture Against Gold purpose Jewellery BR +1.50% =12.25% Loan upto Rs.50000

Loan above Rs.50000 & upto Rs. BR +2.50% =13.25% 2.00 Lacs Above Rs. 2.00 Lac & up to Rs. BR +3.50% = 14.25% 10.00 Lacs 2.) Other than Agriculture purpose BR +5.00% =15.75% BR +4.25% =15.00% OTLS NEW INITIATIVES: 1) e-Stamping Services What is e System? e-Stamping system introduced by Stock Holding Corporation of India Ltd (SHCIL) is a web based system. The system seeks to replace the existing modes of issue of stamp papers by the State Governments through a highly secure and tamper proof Stamp Certificate with a Unique Identification Number (UIN), thereon which is verifiable. Mechanism of e Stamping Services: Under the system, the clients can approach an Authorized Collection Centre (ACC) i.e. Authorized Banks authorized Branches, provide the requisite details for purchase of e stamp certificates and remit applicable stamp duty. ACC enter the details in the eStamping system and print the stamp certificate after all the consistency checks are done and the money is accounted for. All ACC Centers i.e. Authorized Branches; transfer the stamp duty collected to the Nodal Branch of the state on the same day, which is to be transferred by Nodal Branch to SHCIL on T+1 day for their further transfer to concerned State Govt. Department. e Stamping Services at OBC: Our Bank has started e Stamping services at two Branches, i.e. Ashram Road, Ahmedabad (0170) and Richmond Road, Bangalore (0207). The

said project shall be shortly started in states of Delhi, Maharashtra & Tamilnadu. 2)Attractive interest rate on NRE deposits
https://www.obcindia.co.in/obcnew/upload/news/Rates_for_NRE_Term_Deposit_13012012.pdf 3)DEPOSIT SCHEME- https://www.obcindia.co.in/obcnew/upload/news/English_Final.pdf 4) The Bank has crossed the mark of 10 Lac enrolments for UIDAI (Aadhar Number) all over India.