1. United Doctor Plus

Transcription

1 1. United Doctor Plus Purpose of Loan : Loan for setting up of Doctor s chamber, Pathological laboratory or Diagnostic Centre; Purchase of new Vehicles including Ambulances; Purchase of new surgical instruments and other Diagnostic Tools like X-Ray machine, MRI, Endoscopy, Video Endoscopy etc. Eligibility: Any Registered Medical Practitioner (Individual or Proprietorship concern) with 5 years and more experience or partnership firm/company with one of the owner being a Registered Medical Practitioner with 5 years and more experience. Applicability: Through Metro, Urban and Semi Urban branches of the Bank. Facility: Term loan and Cash Credit Amount of Loan: Minimum Rs.1.00 lac ; Maximum Rs.2.00 crore Margin: Loan upto Rs lac 10 % and Loan above Rs lac 15 % of cost of equipment Tenure: Tenure of loan should be 3-5 years, Tenure may be extended upto 7 years depending on merit of the case. Primary Security: Hypothecation o f equipments, machineries, vehicles, stocks and other moveable Assets/mortgage of chambers and other immovable property created out of Bank finance..in case of vehicle, registration of charge with RTA (Road Transport Operator) is to be ensured. Collateral security: Loan Up to lac : NIL; Above Lac : As per extant guidelines of the bank 2. United Medical Plus Purpose of Loan : 1. Loan for setting up of Doctor s chamber, Pathological laboratory or Diagnostic Centre. Purchase of new Vehicles including Ambulances, Purchase of new surgical instruments and other Diagnostic Tools like X-Ray machine, MRI, Endoscopy, Video Endoscopy etc. Eligibility: Any individual, proprietorship or partnership firm / company engaged in such activity having more than two years of experience in relevant areas. Anyone holding technical qualification for conducting very sophisticated medical tests and/or for using the Specialized medical Instruments. Applicability: Through Metro, Urban and Semi Urban branches of the Bank. Facility: Term loan and Cash Credit Amount of Loan: Minimum Rs.1.00 lac ; Maximum Rs.2.00 crore Margin: Loan upto Rs lac 15 % and Loan above Rs lac : 20 % of cost of equipment Tenure: Tenure of loan should be 3-5 years; Tenure may be extended up to 7 years depending on merit of the case. Primary Security: Hypothecation o f equipments, machineries, vehicles, stocks and other moveable Assets/mortgage of chambers and other immovable property created out of Bank finance. In case of vehicle, registration of charge with RTA (Road Transport Operator) is to be ensured. Collateral security: Loan Up to lac: NIL; Above Lac : As per extant guidelines of the bank 3. Transport Loan Purpose : Purchase of new vehicles (Buses, Trucks, Pickup Vans, Auto Rickshaw etc.) manufactured by reputed manufacturers and sold through their dealer network for commercial purposes or for captive use Objective: To provide timely credit to small road and transport operators owning a fleet of vehicles or first time users with a viable scheme. Area of operation: All branches of the bank Quantum of loan: Bank will finance 75-90% of the cost of the vehicle (Chassis, Initial Insurance, Registration and Body Building Charges excluding cost of AMC and accessories). Loan Tenure: 3-5 years Insurance: Comprehensive Insurance Policy covering various risks including civil commotions and riots

2 should be taken with Bank clause for the entire period of the loan.. Primary Security: Hypothecation of vehicles purchased out of the bank finance. In case of vehicle, registration of charge with RTA (Road Transport Operator) is to be ensured. Collateral security: Loan Up to lac: NIL; Above Lac : As per extant guidelines of the bank. 4. United Mahila Udyami Yojna: Objective: This scheme is specially introduced to encourage and empower women entrepreneurs by offering hassle free financial assistance at liberal and concessional terms for undertaking production, manufacturing or service related economic activities under Micro Enterprise Sector. Eligibility: Any activity which is eligible under Micro sector Area of operation: All branches of the bank Purpose: For acquisition of fixed asset (plant, machinery, equipment vehicle, furniture & fixtures, tools, etc.), To meet working capital needs Facility: Term loan and Cash Credit Amount of loan: Maximum Rs 10 Lac Margin: Limit up to Rs 25000/- Nil, Limit above Rs and upto Rs 5.00 lac 10%, Loan above Rs 5 lac 15% Loan tenure: Term Loan: 3-5 years excluding the moratorium. Interest Rate: As applicable linked to Base rate of Bank Primary Security: Primary Charge on asset created out of bank finance. 5. General Credit Scheme (GCC) Objective: To provide credit to individuals for entrepreneur activities in non-farm sector through General Credit Card Eligibility: Any existing or new individual entrepreneur belonging to MSE category within Priority sector category having relevant skill and expertise. Area of operation: Through all branches of the bank Purpose: To meet credit need for manufacturing and service activities (other than trading activities) including purchase of plant and machineries, equipments, furniture, fixture, vehicle etc related to project and meeting working capital requirements. No credit for consumption purpose is allowed under the scheme. Amount of Loan: Need based subject to maximum ceiling of Rs Lac. Margin: Up to Rs 25000/- Nil; Above Rs25000/- : 25 % (30% in case of book debt ) Loan tenure: Term Loan: 3-5 years depending upon income generation and life period of the asset. Rate of Interest: As applicable linked to Base rate of Bank. Primary Security: Primary charge on assets created out of bank loan

3 8. Laghu Udyami Credit Card Scheme: Objective: To meet the credit requirement of the small business units, retail traders, artisans, village industries, small scale industrial units and tiny units, Professionals and Self-employed persons with credit limit upto Rs Lac Eligibility: All existing small borrowers of the bank under the above categories enjoying working capital limit (Cash Credit/OD) upto Rs Lac with satisfactory track record for last three years. Quantum of credit: Maximum up to Rs lac per borrower Margin: 25% of credit facility Interest Rate: As applicable linked to Base rate of Bank. Validity: LUCC limit shall remain valid for three years subject to satisfactory operation in the account found in the annual review Primary Security: Primary charge over the assets created out of bank finance and existing business assets of the borrower. 9. Artisan Credit Card : Objective: To provide adequate and timely assistance to the artisans to meet their credit requirements in a flexible and cost effective manner. Eligibility: All artisans involving production/manufacturing process, Artisans registered with Development Commissioner (Handicrafts), Clusters of artisans and artisans who have joined to form Self Help Groups (SHGs), Quantum of credit: Maximum limit up to Rs lac may be allowed under the scheme. Margin: 15% Rate of Interest: As applicable linked to Base rate of Bank Collateral security : NIL 10. Weaver Credit Card : Objective: To provide adequate and timely financial assistance to the weavers to meet their credit requirements Eligibility: All weavers and ancillary workers engaged in weaving activities; Preference would be given to weavers identified under the Third Census of Handloom weavers conducted by Development Commissioner (Handlooms). Ministry of Textiles as wee as to weavers identified by the state Government. Quantum of Loan: Up to Rs 2.00 lac. Margin: Up to Rs 25000/- Nil, Above Rs 25000/- margin is 20% Rate of Interest: As applicable linked to Base rate of Bank 11. Tea Processing Finance Purpose of Loan: Loan for processing of Tea/Coffee Eligibility: Any individual/proprietorship or partnership firm/company/llp Applicability: Through all branches of the Bank Facility: Term Loan & cash Credit Margin: 25% of cost of project

4 Tenure: Maximum 7 years Rate of Interest: As applicable linked to Base rate of Bank 12. Credit Linked Capital Subsidy Scheme (CLCSS) Objective: Bank participates in a scheme of Govt of India, Ministry of MSME to facilitate Technology Up gradation of Micro and Small Enterprises as defined in the MSMED Act 2006 and units in the specified products/sub sectors as notified by Govt of India by providing 15% capital subsidy for induction of proven technologies approved under the scheme. Subsidy: 15% or Rs lacs, whichever is lower (subsidy is calculated with reference to the purchase price of eligible Plant & machinery approved under the scheme).eligible units must apply for subsidy support at time of loan application itself. Term Loans sanctioned under the CLCSS scheme are only eligible for subsidy. Claims are to be lodged to the Ministry as per the time-frame stipulated by them i.e. within the next quarter of last loan disbursement (Reference date) Complete details of the scheme are available on the website :http// Subject to changes as per decision of Government of India. 13. Technology Upgradation Fund Scheme (TUFS) for Textile and Jute Industries Objective: Credit linked subsidy scheme to provide encouragement to textiles industrial units for taking up technology Upgradation and to modernize their production facilities Incentives: Upto 6% interest reimbursement of the interest charged by the bank depending upon the sector specific eligible Textile units For Standalone Spinning 2% interest reimbursement (IR) and spinning with forward linkage will receive 5 % IR. For weaving 6% IR and 15 % capital subsidy or 30% Margin Money Subsidy (MMS) on brand new shuttless looms, 2% IR or 8% MMS on second hand imported shuttleless looms.for Processing, Garment and Technical Textiles 5% IR and 10 % capital subsidy on specified machinery, Handloom and silk sector 5% IR or 30% capital subsidy. MSMEs including Jute sector- 5% IR or 15% MMS subsidy ceiling to be Rs 75 Lac. Interest reimbursement will be for a period of 7 years including 2 years of moratorium/implementation. Promoter s contribution: 20% Amount of Loan: Need based finance Complete details of the scheme are available on the website of Office of Textile Commissioner, GOI, Ministry of Textiles subject to changes as per the decdision of the Ministry of Textiles, Govt of India 14. Agro Processing Finance Purpose of Loan: Loan for processing of agro products and for installation of agro/food processing units e.g. Rice Mill, Dal Mill, Oil Mill, Flour Mill etc. Eligibility: Any individual /proprietorship or partnership firm/company/llp Applicability: Through all Branches of the Bank Facility: Term Loan & Cash Credit Margin: Term Loan: 25% of cost of project, Cash Credit 25% on paid stocks & 40% on debtors up to 3 months Tenure: Maximum 7 years Collateral Security : Loan Up to lac: NIL; Above Lac : As per extant guidelines of the bank

5 15. Construction Equipment Loan Purpose of Loan : Loan for purchase of new construction, equipment viz. Loaders, Excavators, Cranes, Dumpers, Backhoe, Roller, Compactors, Tippers etc manufactured by leading manufacturers with established brands for construction, material handling, earth moving and mining activities and infrastructure sector Eligibility: Any individual/proprietorship or partnership firm/company including contractors) involved in constructions, material handling, earth moving and mining activities having sufficient relevant business experience. Applicability: Through all Branches of the bank Facility: Term Loan Margin: Loan up to Rs lac: 20% of cost of equipment Loan above Rs lac: 25% of cost of equipment Tenure: 3 years. Tenure expandable up to 5 years on merit. 16. Finance to Warehouse Purpose of Loan: Construction of new warehouse e.g. cold storage unit and/or Seasonal cash credit facilty to meet running expenses Eligibility: Any individual/proprietorship or partnership firm/company/llp Applicability: Through all Branches of the bank Facility: Term Loan & cash credit Margin: Loan Term Loan 25% cost of project For cash credit 5% for on- lending purpose against assignment of Cold Storage Receipts and 25% for trading purposes Tenure: Maximum 5 years. Primary Security: Cash Credit for on lending Purpose: Assignment of the Cold Storage Receipts(CSRs) and re-pledge of the stored item Cash Credit for Trading Purpose: Hypothecation of Stock and receivables including all current assets Term Loan- Equitable mortgage of land & buildings and hypothecation of plant & machinery comprising of entire fixed assets of the cold storage 17. United Solar Energy Scheme Purpose of Loan: i. To encourage replacement of non- renewable energy sources like fossil fuels, petrol, kerosene and diesel with user friendly renewable solar energy. ii. To assist rural people who are mostly the farmers or Rural Artisans or small tiny entrepreneurs to take up economic activities after sunset or by using the solar lighting / solar water heating equipments. iii. To achieve national target under priority sector and sub-target under Agriculture, Micro and Small Enterprises (MSE) and Weaker Section. Eligibility: Individuals, group of individuals, SHGs, JLGs, NGO, Farmer s Club etc. will be eligible for subsidy. However, Private/Public Limited Companies/Corporate will not be eligible The area of operation: The unit could be located in Urban or Rural or semi urban areas

6 Facility: Term Loan Margin: 20-25% of the project cost. Repayment: Maximum 3-5 years including gestation period of six months Interest: As applicable linked to Base rate of Bank