kandy project - copy
TRANSCRIPT
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EXECUTIVE SUMMERY
The project at RUPEE CO.OPP.BANK LTD. i.e. CREDIT APPRAISAL helps the
Bank in constructing a Credit Appraisal from the financial soundness, deposits & their
customer base with market capture position to give the credits to individuals, business
concerns & organizations etc.
It emphasizes on what is a CREDIT APPRAISAL. Then I mentioned the need or
the objective for the bank to have their credit appraisal. The objective of credit appraisal is to
diversify risk, using the investment tools and gain maximum returns on the constructed credit
appraisal. Along with these features I have mentioned about the various services, loan
schemes & their rates offered in RUPEE CO. OPP. BANK LTD. along with its objective and
advantages.
It emphasizes on the entire methodology of my study the parameters kept in the mind
while designing of the report, various sources of data collection, credit appraisal & under it
the types of loans and various activities of credit appraisal, concept of risk management.
It consists of my learning s from the project and few suggestions for the bank which I
feel will be useful for them in improving their services even further and at last but not the
least this phase of the project talks about the final CRUX of the report under the name of
conclusion, it talks all about the findings and my beautiful experience with RUPEE CO.
OPP. BANK LTD .
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INTRODUCTION TO STUDY
RUPEE MORTGAGE LOAN SCHEME
We offer you loan on your own properties against the Mortgage of immovable unencumbered
property. This is sure to take care of any of your needs such as your child s education,
marriage, medical treatment in case of any unforeseen event, foreign travel to make a
memorable leisure holiday and also to provide for those additional financial requirements,
your business needs.
What we need from you?
Any property proposed to be Mortgaged for availing the loan facility,
1. should be in the name of borrower,
2. should be any property other than agricultural land or leasehold property. The
building should be less than 25 years old and remaining life of the same should be
more than 20 years
3. should be situated within 50 kms. area from the financing branch and
4. should be free from all encumbrances and have a clear, marketable and mortgageable
title.
The scheme in a nut shell
Maximum
Amount of loan
Rs. 25 lakhs
Fixed Rate of
Interest
@11% p.a. compounded at monthly intervals
Maximum
Repayment Period
Repayable in easy 60 EMIs.
Margin 25% of the market price (#) in case of property is less than 10 years old.
40% of the market price (#) in case of property over 10 years old.
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Eligibility Only the members of the bank can avail of this credit facility
Borrower s
Income
For salaried individuals Gross salary should not be less than Rs.
12,000/- p.m. as per latest salary slip or
Rs. 15,000/- p.m. having Income from business, assessed by Income
Tax.
For professionals & self employed and Agriculturists & others : should
be income tax assessee for at-least last two years with minimum taxable
income of Rs. 1.50 Lakh p.a.
Age Minimum 25 years and maximum 55 years
Guarantors One reputed guarantor of equivalent Networth
RUPEE RENT FINANCE SCHEME
Future always characterizes uncertainty, so here s an opportunity to borrow on your future
earnings and enjoy the sweet fruits of a higher purchasing power today.
We offer a convenient way to the landlords (who have leased out their premises to reputed
private and public limited companies, banks etc) for securitisation of the rent receivable. You
can now receive the lease rentals in advance and utilize them at your own sweet will. Your
own money will now very well take care of your current needs.
What we need from you?
1. An Equitable or Simple registered mortgage of the leased out immovable
property
2. The lease rentals need to be assigned in the our favour
3. A power of attorney favouring us to directly collect the monthly rent of the
leased property
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4. A tripartite agreement giving an irrevocable consent letter of tenant to pay us
the monthly rent
To avail this loan facility
1. The landlord / lessor and the occupant/ lessee should have entered into a
lease agreement.
An undertaking from the lessee/occupant to pay the lease rent by the 10th day of the
succeeding month along with a consent/authority letter to collect the rent from
lessee/occupant
2. The premises should be leased out for a minimum period of 5 years and for
a maximum period of 10 years.
3. The repayment will be decided on the basis of rental/lease agreement
less charges, if any.
The scheme in a nut shell
Minimum Amount of loan Rs. 10 lakhs per borrower
Maximum Amount of loan Rs. 200 lakhs per borrower
Rate of Interest Up-to and including Rs. 50.00 lakhs @11% p.a.
compounded at monthly intervals. Above Rs. 50.00
lakhs @12% p.a. compounded at monthly intervals.
(This Rate of Interest - ROI - is not fixed for the entire
repayment period, but the Bank may take review of ROI
every two years & decide ROI.)
Repayment Period Repayable in maximum 120 easy EMIs in form of
monthly lease Rentals receivable or actual contract for
lease/ rental which ever is earlier.
Margin 25% of unexpired rent for a maximum tenor of 120
months.
The advance for rent/lease should be deducted while
arriving at eligibility and it will not be reckoned in
margin amount of 25%
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Eligibility Only the members of the bank who may be individuals,
firms, companies or trusts can avail of this credit
facility.
Guarantors Minimum one Guarantor of repute having satisfactoryNet-worth
VAASTU SIDDHI
1 Amount of Loan Maximum Rs. 25 Lakh per borrower (Rs. Twenty Five Lakh
Only)
2 Purpose of loan Purchase of New or Old (upto 20 Years) Flat / House /
Construction of House or major extension including HouseImprovement and takeover of an advance from other Financial
Institutions. For purchase of Land maximum 50% of sanctioned
amount provided construction to be completed within a Year.
3 Security Equitable / Registered Mortgage of Property to be acquired with
the help of Bank Finance.
4 Margin 15% in case of New property to be purchased.
20% in case of old property (upto & including 10 years old.)
30% in case of old property, above 10 years but upto and
including 20 years old.
Margin percentage is on the purchase price or market price of
immovable property whichever is lower and as per latest
valuation report. If property is to be purchased/ purchased within
last 2 years, then purchase price will be taken as market value forfinancing purpose and for other cases latest market value as per
valuation report will be considered. The said Valuation Report
must be from Govt. approved valuer/ Banks panel valuer
certifying the remaining age of the building or civil engineers
certificate for structure/life of building.
In the genuine cases sanctioning authorities may make deviation
in margin requirement on merits.
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5 Rate of Interest(ROI) @11% p.a. (Floating) with monthly compounding. This ROI will
not be reduced till entire repayment of loan but if Bank's PLR is
increased in future during loan period this ROI will increase to
that extent, from the said date in future. Bank may take review of
rate of interest to be charged on this category of advance, every 2
years.
6 Repayment period Maximum 120 months (or age of retirement whichever is early)
including moratorium period.
Monthly repayment with EMI
Borrower should furnish EMI cheques in advance to bank for
entire repayment of loan.
7 Eligibility (only
members of the Bank)
All individuals such as :
a) Confirmed Salaried Individuals
b) Professionals and Self employed & others who are IT
assessors for last 2 years.
c) Bank employees (employees of this Bank are not eligible)Govt. and Semi Govt. employees, employees of reputed
companies who have completed minimum 5 years of
service and remaining service should not be less than 5 years
d)An undertaking from employer stating therein that in the event
of leaving job by the employee for any reason, his terminal
benefits will be directly sent to bank towards recovery of loan of
the concerned employee
8 Age Minimum 20 years and maximum 55 years
9 Guarantors One Guarantor having satisfactory Net worth (at least equal to
loan required) and having good reputation.
10 Moratorium Period 18 Months from first disbursement or 1 month from last
disbursement or completion of House, whichever is earlier.
Interest during holiday period must be paid by the borrower.
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11 Collateral Security Assignment of LIC Policies, Pledge of NSCs KVPs, FDRs etc
may be taken. This should be treated as optional, but wherever
possible bank may insist for the same.
12 Insurance Insurance of the property against Fire, Natural Calamity likeflood, earth quake etc along with Bank Clause, be taken at the
cost of the borrower
13 Repayment Capacity 30% of Gross Monthly Income (total deduction not to exceed
60% of gross monthly income including proposed one and
excluding statutory deduction viz. P.F., Taxes etc)/ Repayment
capacity can be considered upto 40% of in deserving cases. Total
deduction must not exceed 60% of Gross Monthly Income.
14 Period of Scheme Bank may withdraw the scheme from operation for want of
improvement.
15 General 1. Repayment capacity will be judged/ assessed before
sanction.
2. Proper loan application, Original financial papers,
proof of income, IT returns etc. will be taken on record andscrutiny in the prescribed format will be completed before
sanction.
3. Mortgage will be done for full amount of limit
sanctioned and search report is to be taken from Bank's panel
advocate before disbursement of loan.
4. If property is to be purchased or already purchased in
joint names, both owners should be members of the bank
5. For salaried persons, undertaking in the prescribed
format of the bank, from the employer should be obtained.
6. Only members of the bank are eligible for this loan,
nominal members are not eligible, but in case of prospective
customers regular membership can be given by following
prescribed procedure.
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7. The borrower should contribute minimum 2.5% of loan
amount to share capital of the Bank as per bye-laws.
8. Bank's decision regarding sanction/ refusal of loan will
be final.
16 REQUIRED
DOCUMENTS
1. Duly filled in loan application in prescribed format
2. Last two years financial papers along with I.T. Return
copies
3. In case of salary earners last 2 years form No.16,
latest salary slip and I.T. Returns
4. Copy of driving license/voter card/passport/ration card
5. Agreement to purchase
6. Search, Title report and legal opinion of the panel
advocate of the bank
7. Gunthewari certificate (if applicable)
8. ULC Orders
9. NOC from builder/society
10. Copy of development agreement and concerned POA
11. In case of resale flats, deed of conveyance and any other
concerned documents
12. Any other documents as advised by the bank's panel
advocate
13. Certificate regarding adherence to National Building
Code (NBC) in case of new projects
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RUPEE DOCTOR LOAN SCHEME
1 Purpose of loan 1. To construct hospital building/cum residence,
Nursing home/ Operation theatre, Polyclinics,
Pathological laboratory etc.
2. For expansion / modernisation of existing hospital
premises
3. Purchase medical equipment's, X-ray units,
Scanners, Computers etc.
4. Purchase of Ambulance and other vehicles
necessary for the hospital.
5. Any other activities related to medical profession
2 Security The assets created out of bank finance
3 Margin 10% in case of new premises/equipment's/tools to be
purchased 30% to 40% in case of old premises
depending on the age of premises (maxi. up to 20 years
old) to be purchased
Margin percentage is on the purchase price or market
price of immovable property whichever is lower and as
per latest valuation report. If property is to be
purchased/purchased within last 2 years, then purchase
price will be taken as market value for financing
purpose and for other cases latest market value as per
valuation report will be considered. The said Valuation
Report must be from Govt. approved valuer / Banks
panel valuer certifying the remaining age of the
building or civil engineers certificate for structure/life
of building.
In the genuine cases sanctioning authorities may make
deviation in margin requirement on merits.
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4 ROI @11% p.a. (Floating) with monthly compounding.
This ROI will not be reduced till entire repayment of
loan but if Bank's PLR is increased in future during
loan period this ROI will increase to that extent, from
the said date in future, bank may take review of rate of
interest to be charged on this category advance, every
2 years.
Penal interest of 1% per annum over and above the
applicable rate of interest will be charged if there is
any irregularity/default in repayment
5 Repayment period Maximum 84 months ** Monthly
repayment with EMI
**Depending upon quantum of loan and generation of
cash from the project.
6 Eligibility (only
members of the
Bank)
1. Individuals / Partnership / Ltd. Co. / Trust
2. Promoters should have minimum MBBS / BAMS /
GAMS / BDS / BHMS and registered practitioners
3. Key promoters should be qualified doctors In case
of partnership firm/limited company/Trust, either
one of the partners / directors / trustees should be a
medical practitioner or they should engage the
services of registered medical practitioners in the
hospital
7 Guarantors One Guarantor up to Rs.10 lacks and Two guarantors
above Rs.10 lacks having satisfactory Net worth (at
least equal to loan required) and having good
reputation.
8 Moratorium Period 18 Months from first disbursement or 1 month from
last disbursement or completion of hospital building,
whichever is earlier.(Interest during holiday period
must be paid by the borrower, but in case of new units
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interest up to BEP will be capitalised)
9 Collateral Security 1. Loan amount up to Rs.5 lacks, no collateral security
is to be insisted upon. Only assets to be purchased
out of Bank finance will be hypo./mortgaged to the
bank
2. For loan amount above Rs.5 lacks to Rs.25 lacks
minimum 25% of loan amount should be taken as
collateral security in the form of mortgage of
immovable property in addition to prime security in
the form of assets to be purchased by way of bank
finance
3. For loan amount above Rs.25 lacks, we may insist
for 50% collateral security in the form of mortgage
of immovable property in addition to prime security
in the form of assets to be purchased by way of
bank finance.
Condition of collateral security can be waived,
depending upon case to case, but decision in this
regard will be taken at HO level by two Dy. Gen.
Manager's jointly
10 Insurance Comprehensive insurance has to be made on all the
assets hypothecated to our bank by the borrower or if
done by bank expenses to be borne by the borrower.
11 Processing charges Up to Rs.1 lack Rs.200 per proposal
Above Rs.1 lack Rs.200 + Rs.125 per lack or part
thereof subject to a maximum of Rs.125000/-.
12 Period of Scheme To be reviewed after six months
13 General 1. Sanctioning authority
a) Branch Incharge (BM/ABM) loan amount up to
and including Rs.10.00 Lacks
b) Branch Incharge- A.G.M.- Loan amount up to
and including Rs.25 lacks
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c) The Dy. General Manager- Loans- HO above
Rs.25.00 lacks and up to and including Rs.50
lacks only
2. Branch Manager should see the technical feasibility
and economic viability
3. Proper loan application, Original financial papers,
proof of income, IT returns etc. are to be taken on
record and scrutiny in the prescribed format is to be
completed before sanction.
4. Mortgage is to be done for full amount of limit
sanctioned and search report is to be taken from
Bank's panel advocate before disbursement of
loan.
5. Bank's decision regarding sanction/ refusal of loan
will be final.
6. The borrower should contribute minimum 2.5% of
shares of the Bank as per bye-laws.
7. If property to be purchased/already purchased is in
joint names, both owners should be members of the
bank.
8. Only members of the bank are eligible for this
loan, nominal members are not eligible, but in case
of prospective customers regular membership can
be given by following prescribed procedure.
9. Loan limits up to and including Rs.10 lacks of
which not more than Rs.2 lacks should be for
working capital requirements should be treated as
priority sector advance. For setting up practice by
qualified medical practitioners, in the semi urban
and rural areas the above limit is Rs.15 lacks and
Rs.3 lacks respectively.
RUPEE SMART LOAN SCHEME
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1 Amount of Loan Maximum Rs. 50 Lakhs per borrower (Depending upon the amount
of loan outstanding and the current market value of the existing
security)
2 Special Clause The existing loan account will not be pre-maturely closed. The said
can be done only in case of borrower's death. The additional finance
will be sanctioned & disbursed as a separate new account.
3 Purpose of loan General purposes i.e. Marriage, Education, Medical Treatment,
Foreign Travel)
Business Purpose
4 Security Continuing of the present Mortgage of the immovable property
necessarily Registered Mortgage with the required amendments as
would be advised by our legal adviser. The advances where
Equitable mortgage of the property has been accepted earlier, it may
now be changed to Registered Mortgage of the property for the total
amount of advance. Fresh Mortgage of the property may be
required where the total advance amount exceeds the initial sanction
amount.
5 Margin 25% in case of property is less than 10 years old.
(i.e. Total advance including the additional loan not to exceed 75%
of the current market value of the security)
40% in case of property over 10 years old.
Percentage is on the market price of immovable property and as per
latest valuation report. The said Valuation Report must be from
Govt. approved valuer / Banks panel valuer.
6 ROI @11.50% p.a. with monthly compounding
7 Repayment period Maximum 60 months
Monthly repayment with EMI
8 Eligibility (only
members of the
Bank)
All individuals such as :
1.Salaried Individuals
2.Professionals and Self employed & others who are IT assessors
atleast for last 2 years.
3.Individuals engaged in agricultural and allied activities.
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4.Bank employees, Govt. and Semi Govt. employees, employees of
reputed limited companies who have completed minimum 5
years of service and remaining service should not be less than 5
years.
5.Pvt. Ltd. & Ltd. Companies
6.Partnership firm
7.Businessmen
(All types of existing borrowers enjoying Mortgage Loan Facilities
and Housing Loan Facilities with satisfactory repayment track
record.)
9 Age Minimum 21 years and maximum 55 years (Any deviation in this
respect will be allowed with the permission of HO.
10 Guarantors One Guarantor having satisfactory Networth (atleast equal to loan
required) and having good reputation.
11 General Mortgaged property should be in the name of applicant borrower. It
should not be agricultural land and leasehold property. Building
should not be more than 25 years old and remaining life should not
be less than 20 years. It should be situated within 50 kms. area from
the financing Branch and it must be free from encumbrances and
clear marketable and mortgagable title.
12 Income Stable income evident from Income Tax Returns
For salaried individuals Gross salary should not be less than Rs.
12,000/- p.m. As per latest salary slip or Rs. 15,000/- p.m. Income
from business, assessed by Income Tax.
For professionals & self employed and others : should be income
tax assessee for atleast for last two years with minimum taxable
income of Rs. 1.50 Lacs. p.a.
For individuals engaged in agricultural and allied activities net
annual income not less than Rs. 1.50 Lacs.
13 Period of scheme Will be determined by the bank.
14 General 1.Only members of the Bank are eligible for the loan under the
scheme.
2.Proper loan application, other financial papers, proof of income,
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IT returns etc. are to be taken on record and scrutiny in the
prescribed format is to be completed before sanction.
3.Mortgage is to be done for full amount of limit sanctioned and
search report is to be taken from Bank's panel advocate.
4.Bank's decision regarding sanction/ refusal of loan will be final.
5.Bank reserves its right to continue/ suspend the scheme on
or before/ after expiry date of scheme.
6.The borrower should contribute minimum 2.5% of shares of the
Bank as per bye-laws.
7.Fresh set of documents to be taken at the time of disbursement.(i.e
Promissory Note, Letter of Guarantee & Simple Registered
Mortgage Deed)
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LIMITATION OF THE STUDY
Generally banks do not allow the outsiders to have any study or research work in banks.
Therefore, get the projects work in bank itself was very difficult.
Due to confidentiality some important information, which are important for the project,
could not be collected.
Some of the information-lacked accuracy sues to which approximately values were used
for the analysis. Hence, the results also reveal approximate values.
The loan sanctioning procedure is chalked out by top management and as per the norms
and rules issued by Reserve Bank of India. Therefore the project is not decision by itself but
an aid to the management regarding the procedural aspect and loopholes of loan sanction.
The project is based on theoretical guidelines and as per situations prevalent at the time
of practical training. Hence, it may not apply to different situations.
The time span for the project was very short which was of 9 weeks, which itself acts as
a major constraint. Moreover, studying the guidelines and applied it practically within such
short time span was a task of great pressure.
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RATIONALE OF THE STUDY
The summer training at rupee Co -operative Bank was undertaken with a view to
study certain fundamentals as well as commercial and operational aspects of the bank. Whilethe usefulness of this summer training hardly needs to be emphasized, rup ee Co-operative
Bank also stands to benefit in many ways.
Various data and operational work carried out by me can help rupee co -operative
Bank in fulfilling their immediate informational and other needs, thus saving on valuable
executive time and efforts.
The basic job finance manager is to arrange for funds and apply them in the most
effective manner. While deciding upon the sources of funds it is necessary to corporate
finance is a bank loans.
The study has helps me;-
1] completely understand the credit appraisal process of bank.
2] To study the parameters for evaluation loan application.
3] To compare the credit appraisal period of different banks.
4] To analyze the credit appraisal in banks & to have in depth knowledge about credit
appraisal.
5] To know the various procedural aspects of granting corporate loans.
6] To know the various documents required for granting the corporate loan
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Rupee Co-op. Bank Ltd. was established as a Co-operative Society in 1912 by visionaries,who were inspired by the work of Late Shri Lokmanya Tilak. Prominent amongst these wereLate Shri. Govindrao Dharap, Late Shri. Keshavrao Doke and Late Shri. Kalurambhau Naik.The word Rupee in the name of the bank stands for the fact that, the initial share capitalamount contributed by every shareholder was one Rupee.
In the year 1986-1987 Bank celebrated its Platinum Jubilee Anniversary. Immediatelyafterwards, in the year 1988, the Bank was accorded a Scheduled Bank status as per ReserveBank of India Act 1934.
The Bank has its geographical presence in the State of Maharashtra, India. It presently has anetwork of 36 branches and 5 extension counters, which are spread over the entire state of Maharashtra. Besides Pune and Mumbai, Rupee Bank has branches located at other importantcenters in Maharasthra like Thane, Nasik, Kolhapur, Aurangabad and Nagpur.
Rupee Bank is rendering various services through its computerised branches. In order to givebetter service to the trading community, Rupee Bank has entered into agreement with variousbanks for Demand Draft drawing arrangements at important locations all over India. As a partof customer service, teller system is introduced at many branches. Besides, ATM facility isavailable at 7 important branches in Pune.
Rupee Bank also forays in to Life Insurance business as a referral partner to Max New York Life Insurance Co. Ltd. and into General Insurance business as a referral partner to OrientalInsurance Co. Ltd.
The Bank has a wide shareholders base exceeding 45000 members. Its members come fromall walks of life i.e. self employed, professionals, salaried persons, small industrialists,traders, senior citizens and prominent individuals in society. The Bank has actively associateditself in bringing many small industries, especially located in and around Pune to the fore andhas played a major role as a catalyst in development and betterment of this sector. It is alsoactively involved in social activities like blood donation camps, help for critical surgeries,help to the disaster-afflicted people, felicitation of students who rank in competitiveexaminations etc.
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Other Information Related to Organization
Branches of Banks
HEAD OFFICE 2062, Sadashiv Peth, Vijaya Nagar Colony,Pune-411030 Maharashtra, INDIAPhone : + 91-20-24336598 / 24335480 / 24332584 / 24335954 / 24335738 / 24336534Fax : + 91-20-24337519E-mail : [email protected]
THANE R.O.90 B, Gokhale Road, Naupada,Thane 400602 Maharashtra, INDIA.Phone : 022- / 25333478E-mail : [email protected]
AMBARNATH Lakshmi Krupa, Opp. Rotary Garden,Shiv Mandir cross Lane,Thane 421501 Maharashtra, INDIAPhone : 0251- 2601330 / 2602176E-mail : [email protected]
AURANGABAD S.No. 2963, Anjali Complex, Khadkeshwar,Aurangabad 431001 Maharashtra, INDIAPhone : 0240- 2330534 / 2330535E-mail : [email protected]
BANDRA Gasper Enclave, Dr. Ambedkar Road,Pali Market, Bandra(West),MUMBAI-400 050Phone : 022- 26404271 / 26404280E-mail : [email protected]
BARAMATI Bhigwan Chowk, Baramati,Dist. Pune 412102 Maharashtra, INDIAPhone : 02112- 224684 / 224284
E-mail : [email protected]
BARAMATI EXTN.Tuljaram Chaturchand College Campus,Baramati,
Dist. Pune 412102 Maharashtra, INDIAPhone : 02112- 228221E-mail : [email protected]
BHAVANI PETH 979, Bhavani Peth, Laxmi Bazar,Pune 411042 Maharashtra, INDIA
Phone : 020- 26342264 / 26353044E-mail : [email protected]
BHOR 363, Mangalwar Peth, BhorDist. Pune 412206 Maharashtra, INDIAPhone : 02113-222547E-mail : [email protected]
BHOSARI Sr.No. 4573, DM Chambers, Bhosari,Pune 411039 Maharashtra, INDIAPhone : 020- 27120452 / 27122552E-mail : [email protected]
BUDHWAR PETH CAMP, PUNE
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83, Budhwar Peth, Shastri Chambers,Pune 411002 Maharashtra, INDIAPhone : 020 - 24455213 / 24450947 / 24480052E-mail : [email protected]
325, Mahatma Gandhi Road, Near AuroraTowers, Camp, (Entrance also from TabootStreet)Pune 411001 Maharashtra, INDIAPhone : 020- 26054301 / 26054302
/26054303E-mail : [email protected]
CHANDAN NAGAR Plot No. 9, Tulsi Nagar, Kharadi -ChandannagarPune 411014 Maharashtra, INDIAPhone : 020- 27012212 / 27015848E-mail : [email protected]
CHARAI Saket, 128, Dr. Lazras Road, CharaiThane 400602 Maharashtra, INDIAPhone : 022- 25368341 / 25432165E-mail : [email protected]
CHINCHWAD Sr.No 202, Bahirwade Complex,Chinchwad Station,Pune 411019 Maharashtra, INDIAPhone : 020-27472612 / 27474415E-mail : [email protected]
DAUND Ghar No. 68, Ward No. 4, Gandhi Chowk,Dist. Pune 413801 Maharashtra, INDIAPhone : 02117- 262019E-mail : [email protected]
DOMBIVALI
Shivsmruti,Ghanshyam GupteMarg,Vishnunagar,Dombivali (W) 421202 Maharashtra,INDIAPhone : 0251- 2482896E-mail : [email protected]
GIRGAON
257/A, Jagannath Shankar Sheth Road,Girgaon Mumbai- 400004 Maharashtra,INDIAPhone : 022- 23895157 / 23870002E-mail : [email protected]
ILS LAW EXTN. Law College Compound, Law College
Road,Erandwane, Pune 411004 Maharashtra,INDIA.Phone : 020- 25672636E-mail : [email protected]
KARVENAGAR Sr. No.167/A/2/26, Yogada Apts.,
Karvenagar Road,Kothrud, Pune 411029 Maharashtra, INDIAPhone : 020- 25420982 / 25420983E-mail : [email protected]
KOLHAPUR 1410, C Ward, Lakshmipuri,Kolhapur 416002 Maharashtra, INDIAPhone : 0231- 2640330 / 2640332E-mail : [email protected]
KONDHAWA Sr. No.5A/1A, YashTowers, Kondhwa,Pune 411 048 Maharashtra, INDIAPhone : 020- 26830445 / 26833040E-mail : [email protected]
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KOPRI Tara Kunj, H.J.Raut Road,Opp.Municipal Market,Kopri,Thane (E) 400602 Maharashtra, INDIA
Phone : 022- 25322744 / 25323967E-mail : [email protected]
KOTHRUD Sr. No.129, Plot No.6, Ideal Colony,Paud Road, Kothrud,Pune 411029 Maharashtra, INDIA
Phone : 020- 25436107 / 25443764E-mail : [email protected]
LAXMI ROAD353/1, Narayan Peth, Laxmi Road,Pune 411030 Maharashtra, INDIAPhone: 020 - 24455419 / 24450395E-mail : [email protected]
MARKET YARD Plot No. BC/1 Market Yard,Pune 411037 Maharashtra, INDIAPhone : 020- 24260848 / 24270517E-mail : [email protected]
NAUPADA Marathi Grantha Sangrahalaya Bldg,Gokhale Road, Naupada,Thane 400602 Maharashtra, INDIAPhone : 022- 25423479
NAGPUR Sanskritik Sankul, Jhansi Rani Chowk,Sitabardi,Nagpur 440012 Maharashtra, INDIAPhone : 0712- 2561597 / 2561598E-mail : [email protected]
NASHIK 430- H Block, Tilak Road, Dainik Gavkari
Bhavan,Nashik 422001 Maharashtra, INDIAPhone : 0253- 2598598 / 2598610E-mail : [email protected]
NASHIK EXTN. HPT College Sankul, College Road,
Nashik 422 005 Maharashtra, INDIA.Phone : 0253- 2319530E-mail : [email protected]
NIGDI S.No.24 B, PCNTDA,Sant Tukaram Vyapar Sankul,Nigdi, Pune 411044 Maharashtra, INDIAPhone : 020- 27655862 / 27655430
E-mail : [email protected]
PANCHPAKHADISilver Palace, Near Aradhana Cinema Hall,Thane 400602 Maharashtra, INDIAPhone : 022- 25361010 / 25334478E-mail : [email protected]
PIMPRI KALEWADI Kudale Plaza, Jamtani Corner, PimprigaonRoad,Pune 411018 Maharashtra, INDIA.Phone : 020- 27414654 / 27414346E-mail : [email protected]
PREMNAGAR Plot 732/B, S.No.1909, RamdhwajComplex,Pune - Satara Road,Pune 411037 Maharashtra, INDIAPhone : 020- 24211634 / 24211901E-mail : [email protected]
RAJENDRA NAGAR Sr. No.721/2A, Plot 987/A,
SASWAD Krishi Utpanna Bazar Samiti Bldg. Saswad,
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Sadashiv Peth, Lalbahadur Shastri Road,Pune 411030 Maharashtra, INDIAPhone : 020- 24331941 / 24339399E-mail : [email protected]
Dist. Pune 412301 Maharashtra, INDIAPhone : 02115- 222444E-mail : [email protected]
SHIVAJINAGAR Laxmi Balwant Chambers, 1170/2, J.M.Road,Pune 411005 Maharashtra, INDIAPhone : 020- 25539410 / 25535357
/25535184E-mail : [email protected]
SOMWAR RASTA 338/C, Sardar Mudaliyar Road,Rasta Peth,Pune 411011 Maharashtra, INDIAPhone : 020- 26123352 / 26123354E-mail : [email protected]
SUBHASH ROAD Siddhivinayak Apts., Station Road, 1stfloor,Opp. Shri Koupineshwar TempleThane 400601 Maharashtra, INDIAPhone : 022- 25331670 / 25398891E-mail : [email protected]
TALEGAON 977, Budhwar Peth,Pawar Chambers,Teli Aali,Talegaon, Pune 410506 Maharashtra,INDIAPhone : 02114- 222432 / 226831E-mail : [email protected]
TALEGAON EXTN. Plot No.35, S.No.17/5/6/1,Chakan Road, Talegaon,Dist. Pune 410507 Maharashtra, INDIAPhone : 02114- 225533E-mail : [email protected]
VILE PARLE Rokadiya Land Mark Co-Op. Hsg. SocietyLtd.Nehru Road, Vile Parle (E)Mumbai- 400 057 Maharashtra, INDIA.Phone : 022- 26136582 / 26107124
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BHOSARI Sr.No. 4573, DM Chambers, Bhosari,Pune 411039 Maharashtra, INDIAPhone : 020- 27120452 / 27122552E-mail : [email protected]
KOTHRUD Sr. No.129, Plot No.6, Ideal Colony,Paud Road, Kothrud,Pune 411029 Maharashtra, INDIAPhone : 020- 25436107 / 25443764
E-mail : [email protected]
Major Achievements of Banks
1] Reserve Bank of India granted permission to set up Vishwas Co- op Bank Ltd. in 1996 -
97. The bank s operations began on March 25, 1997. Mr. Ratnakar Kulkarni, the then
Commissioner and registrar of Co-operatives, Maharashtra and Marathi author Shivaji
Sawant who wrote Mrutyunjay, inaugurated the branch located at Vishwavishwas Park,
Savarkar Nagar, Gangapur road, Nasik 422013.
2] Ravivar Karanja Branch opened on May 21, 2000.
.
The bank has the distinction of providing computer assisted banking services from the
day one, in all five branches. The bank felicitates five veterans from various walks of
life every year through Sanskriti Vaibhav, a leading cultural organisation in the citysince 1999. Pune based Snake park s director Neelamkumar Khaire, Criminal lawyer
Ujjwal Nikam, Playwright Netaji Bhoir, Educationist Shamin Maulavi, Senior journalist
Neelkanth Khadilkar, Social activist Vidya Phadake, Sports expert Ashok Dudhane and
Industrialist B G Shirke have been felicitated with a momento and five thousand rupees
each.
Vishwas Co-op Bank Ltd. has bagged five prizes in the competition among cooperative
banks in the state organised by The Vita Merchants Cooperative Bank, Vita, Sangali
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district and Yuvak Mudra.
The staff members of the Vishwas Co-op Bank have bagged General Championship and
prizes in various events in the cooperatives sports competition organised by Nasik
district deputy registrar of co-operatives during January 26 28, 2001 in the city.The bank has been consistently awarded A category in the statutory audit since its
inception so far
Some Documents requirements for different account:-
For Savings Account:
Documents required as under
a) Two passport size photographs.
b) Address proof
c) PAN Card photocopy
d) Introducer's Signature
For Current Account:
Documents required as under
a) Two passport size photographs.
b) Proprietorship / Shop Act photocopy
c) PAN Card photocopy
d) Proprietorship stamp/Partnership stamps
e) Introducer's signature
Fixed Deposit Schemes :
Period Rate of InterestRate of Interest for Senior Citizens / Co-op
Institutes
15 to 180 days 7.25 % 7.75 %
181 Days to 1 Year 10.00 % 10.50 %
12 Months 1 Day to 24 10.00 % 10.50 %
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Months
24 Months 1 Day to 60
Months8.00 % 8.50 %
60 Months 1 Day onwards 7.25 % 7.75 %
LakshaDhish Deposit Schemes: (To earn Rs. 1,00,000)
Period Deposit RateDeposit Rate for Senior Citizens, Co-op &
Educational Institutes
Interest
Rate
Amount
InvestedInterest Rate Amount Invested
1 Years 7.75 % 92610/- 8.25% 92160/-
2 Years 8.25 % 84930/- 8.75% 84520/-
3 Years 8.50 % 77700/- 9.00% 76567/-
4 Years 8.00 % 72840/- 8.50% 71430/-5 Years 7.50 % 68970/- 8.00% 67300/-
Recurring Deposit Schemes: (Amount earned after investing Rs 100 per month.)
Period Depositor Senior Citizens, Co-op & Educational InstitutesInterest Rate Amount earned Interest Rate Amount earned
1 Years 10.00 % 1266/- 10.50 % 1270/-
2 Years 10.00 % 2664/- 10.50 % 2679/-
3 Years 8.00 % 4079/- 8.50 % 4109/-
4 Years 8.00 % 5666/- 8.50% 5726/-
5 Years 7.25 % 7240/- 7.75 % 7337/-
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2.4 Organization Chart
Chief Manager
Senior manager (Loans)
Assistant ManagerAssistant Manager
Senior manager (Deposits) Senior manager(Miscellaneous)
ClericalsClericals Clericals
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CHAPTER 3
ANALYSISAND
INTERPRETATIONOF DATA
As per mandatory requirement of Pune University, I have undertaken this project
as a part fulfillment of Master of Business Administration curriculum within 2
months training at RUPEE CO -OPERATIVE BANK .
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Each management student learns a lot during his 2 years of MBA
programme, but the perfection in his learning can t be even imagined until &
unless there is a practical training. The (summer) project provides required
practical training to student.
2 SELECTION OF THE TOPIC FOR STUDY
Topic selection is one of the most or one of the important aspects of out project. As it
decides the course of action, to be followed. The topic selected should be such that it helps in
understanding the Banking concepts clearly, as was given the topic by the company itself.
The topic given by my project guide was THE STUDY OF CREDIT APPRAISAL
IN BANK. This covers all the things related to the credit appraisal provided by the banks.
The topic was to collect the credit appraisal related information from the bank so as to
find out the credit appraisal process of the bank.
OBJECTIVE OF THE STUDY
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While going through any advertisement for recruitment it is realized that any
organization call for candidates with the main condition of work experience. It is clear-cut
mentioned in such advertisement that preference would be given to candidates with
experience. This point out that practical exposure is extremely important. So, right the
University of Pune has taken right step by making it mandatory for the students to do the
project work in an organization. This would help the student to get practical knowledge along
with the theoretical knowledge. The objectives of the summer training are as follows: