Registration of Application

Application form:

The entrepreneurs shall apply in the prescribed application form obtained from Head Office or Branch Offices of the Corporation on free of cost together with the particulars required for the processing of the Application.

Registration Fees

The applicant has to remit Registration Fees at the time registration of the application. The Registration Fee is Rs.5000/- for loans sanctioned by Branch and Regional Office. In respect of loan sanctioned by HO the Registration Fees is Rs.25,000/-.

Investigation Fees

With effect from 01/01/2009, the Investigation fees is inclusive of Registration Fees and is payable by the applicant before the loan proposal is placed in the respective sanction committee. The investigation fees structure is as per the table given below. Hence, the applicant has to remit the balance investigation fees if any (after deducting the Registration fees) at the time of clearance of the proposal

Concession in Investigation Fees

50% concession is available for prompt units and for all applications received in all loan melas / customer meets.

 

INVESTIGATION FEE STRUCTURE
Loans upto Rs.10.00 lakhs Rs - 5000/-
Loans above Rs.10 lakhs and upto Rs.50 lakhs Rs - 10000/-
Loans above Rs.50 lakhs and upto Rs.100 lakhs Rs - 30,000/-
Loans above Rs.100 lakhs and upto Rs.200 lakhs Rs - 40,000/-
Loans above Rs.200 lakhs and upto Rs.300 lakhs Rs - 50,000/-
Loans above Rs.300 lakhs and upto Rs.2000 lakhs @ 0.20% upto maximum of Rs.2.00 lakhs
Loans above Rs.2000 lakhs Rs - 5,00,000/-
Passenger Auto Rickshaw Rs - 500/-

 

 

 

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