application intended for bank loan

 application for bank loan Composition

LOAN APPLICATION FORM

FOR MARKET, HOTEL AND SERVICE

SECTOR

HIMACHAL PRADESH FINANCIAL

ORGANIZATION,

NEW HIMRUS BUILDING, CIRCULAR ROAD,

SHIMLA-171001.

Phones: 0177-2625109, 2624765, 2623027

2624506, 2624552, 2624228, 2625940,

2624642, 2620104, 2622526

Send: 0177-2623027 Telegram: ”FINCORP”

Email-based: [email protected] in, [email protected] in

(To always be submitted in duplicate alongwith processing cost which is to always be deposited by way of cash or demand draft. )

INDEX

S.

No

1

installment payments on your

3.

4.

5.

6

7

almost eight.

Particulars

Preamble

Guidelines pertaining to filling in the form

Format of forwarding page to application

Undertaking being submitted by the applicant

Application

A. Background & constitution

B. Managing capital composition and credit powers

C. The Job

D. Market

E. Expense of production, earnings etc

F. Licenses

G. Collateral Protection

Formats:

Format-A (a), (b), (c) & (d) in the case of Sole Prop. Unit,

alliance concern, Open public Ltd/Pvt Limited companies and

Registered Supportive Societies

Format-B Particulars of Prop., Partners, Directors and so on

Format-C Relative statement of financial position

Format-D Letter to banker from the borrower

Annexures

Annexure-I (Capital cost of project)

Annexure-II (Means of financing)

Annexure-III (Statement showing capacity, production, sales

etc intended for major products)

Annexure –IV Assumption pertaining to projections & profitability

Annexure-V Calculation of working capital necessity

Annexure-VI (Cost of production & profitability)

Annexure-VII Debts service insurance ratio

Annexure-VIII (Cash circulation statement)

Annexure-IX (Projected harmony sheet)

Annexure-X (Break possibly point)

Annexure-XI Internal Rate of Come back

Annexure-XII Rendering Schedule

Annexure – XIII Working results of existing/sister concerns Check list for the documents

Page

No

III

IV

V

VI

1-3

4-5

5-9

9

10

10

14

1-2

three or more

4-5

6

1-2

several

4

5

6

7

8

being unfaithful

10

10

12

13

14

1-2

II

PREAMBLE

The application via is being sold without any commitment of the Company to peine loan in favour of applicant(s). The acceptance of the loan application because of its processing is definitely subject to the clearance by the Screening Committee. However , ultimate decision regarding calamite of bank loan, its mess, terms and conditions etc, are susceptible to decision in the competent expert, authorized by the Board of Directors in the Corporation from time to time.

We suppose that suggestions given in the application form for filling in the same shall facilitate our prospective beneficial clients. However , in case of any difficulty/clarification, you should contact us in front of Office or perhaps at each of our District Offices easily approachable to you in the following address:

i)

HEWLETT PACKARD Financial Corporation, New Himrus Building, Head Office

Circular Road, Shimla-171001

ii)

EPIP Phase-1, Jharmajri,

PO Barotiwala, Tehsil Nalagarh, Distt Solan

(Catering to Distt Solan)

iii)

Shimla Road, Nahan, Distt Sirmour

(Catering to Distt. Sirmour)

-do-

iv)

Ram Nagar, Close to Shyamnagar, Composition Post,

Dhramshala, Distt Kangra.

(Catering to Distt. Kangra, Chamba, Hamirpur & Una)

-do-

v)

Palace Nest, Mandi

-do(Catering to Distt. Mandi, Bilaspur, Lahaul & Spiti, Kullu)

Distt Workplace

III

RULES FOR FILLING IN THE APPLICATION

TYPE

1 .

Application for the use of business owners who are desirous to obtain financial assistance for setting up new tasks,

undertaking enlargement or diversification of existing activities or carrying out modernization / rehab of plants.

2 .

It is essential that business people should examine their assignments from several aspects -- especially the site, market,

availability of raw material and earnings aspects ahead of deciding to set up the projects. A well developed and thorough project statement, making required arrangements to manage the various issues/information connected with the project, as asked for inside the application...