xviii. xix. xx.
Certificate of Registration from RJSC Income Tax Clearance Certificate as required for Registration Non Encumbrance Certificate from Land Registrar
Guarantee i. List of Directors/Partners with specimen signatures, certified by company secretary, or chairman, or managing partner (for limited company and partnerships) ii. Resolution of guarantee (for limited company and partnerships) iii. Net Worth Statements (NWS) for individuals / guarantors iv. Letter of Guarantee v. Letter of Counter Indemnity Term Loan Agreement i. Term loan agreement between Borrower and EBL ii. Draft Term Loan Agreement approved by Head of Credit Risk Management Division and Legal Counsel Security Sharing Agreement i. Security Sharing Agreement ii. Draft Security Sharing Agreement approved by Head of Credit Risk Management Division and Legal Counsel Syndication i. Accepted Mandate Letter ii. Accepted Term Sheet iii. Information Memorandum iv. Participation Letters v. Facilities Agreement vi. Powers of Attorney of participation vii. Accepted Free Letter viii. Legal Counsel’s opinion ix. Head of Credit Risk Management and Legal Counsel approval of document STEP: 7 For withdrawing the loan amount, the customer creates a CD account and the loan is transferred to the CD A/C. Afterwards, the customer can withdraw the money. STEP: 8 Credit Disbursements After verifying all the documents, the branch disburses the loan to the borrower. The loan officer disburses the loan to the borrower’s loan account .A “Loan Repayment Schedule” is also prepared by the branch and is given to borrower. STEP: 9 After the disbursement of the loan the bank follows the borrower in the following manner: a) Constant supervision. b) Stock report. c) Break Even analysis d) Rescheduling of repayment. e) Working Capital assessment.