final-application form for ltf

7/28/2019 FINAL-Application Form for LTF

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LOAN APPLICATION FORM

(UNDER GOVERNMENT OF KPK CREDIT LINE)Long Term Financing For Development of Industries

In Khyber Pakhtunkhwa

Chief Manager / Manager

The Bank of Khyber___________________ Branch___________________

Dear Sir,

We hereby apply to avail fresh finance facility forNew Project / Expansion / Balancing & Modernization at your Branch. Our particularsare provided below and also mentioned in the BBFS attached.

1BUSINESS PROFILE INFORMATION

Please () in the box that apply

1.1 Firms / Companys Name___________________________________________________________________________________________

1.2 Office / Regd. Office Address: ________________________________________________________________________________________

Owned Leased Rented

1.3 Project Address: ________________________________________________________________________________________

Owned Leased Rented

1.4 Telephone No.___________________________ Fax No.________________________ E-mail.____________________________

1.5 Legal Status: Sole Proprietorship Partnership Private Limited. Public LimitedCompany Company

1.6 Sponsors / Directors Detail

Name Fathers name CNIC NTN Date of Birth Address Telephone

For Office Use Only

Application No.

Date of receipt

Branch Code


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1.7 Total number of employees running the business:

Family Member /directors / partners

Existing Employees Additional / New Work Force RequiredTotalRegular Contractual / Daily

Wage Based

Regular Contractual / Daily

Wage Based

1.8 Associated Concerns

Name of

Concern

Scope of

Business

Business Address Date of

Commencement

Stakeholders

Name

% age of Share

Holdings

Revenues for the

Year

(Please attach financials of the concerns)

2 BUSINESS DETAILS

2.1 Type of Businessa - Manufacturing: b - Processing c - Others (please describe)

2.2 Business Sector:

2.3 Date of Establishment: Existing Business: Commencement Date of New Business: ______________________

2.4 Detail of Present / New Business: (Please describe briefly)


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2.5 Project Cost & Financial Plan (Feasibility Study)

A) Project Cost:

Sr.

No.

ParticularsExisting Project

Cost of ProposedAddition / Expansion / New unit

TotalCost

%age of TotalCost

Cost%age of Total

Cost

1 Land2 Building

3 Plant & Machinery

4 Office, factory and Quality control equipment

5 Miscellaneous

6 Initial Working Capital

Total Project Cost

B) Sources of Financing:

1 Equity

2 Borrowing (From Financial Institution)

Total Financing

C) Annual Production Capacity

Sr.No. Particulars / Product Type Production Capacity Per Annum (Units)

Existing New Addition Total

1

2

3

4

5

6

7

8

D) Other Non Financial Information:

Particulars Existing ProposedAddition

Total

Number of Shifts per day

Working Days per year

Number of Workers per shift

2.6 Sales Turnover (Projections in case of new business) (Rs in Millions)

Year 1 Year 2 Year 3

Sales / Turnover

Net Profit after tax

2.7 Infrastructural Facilities

Sr.No FacilityRequired

Yes / NoRequired Load

Installed

Yes / No

Available as site(if not installed yet)

Yes / No

1. Electricity / / /

2. Gas / / /

3. Water / / /


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3 DETAILS OF LOAN REQUESTED FOR

3.1 Financing Requirement (Fill in whichever is applicable) (Rs. In Million)

Sr. # Facility Applied forTotal Cost of

Machinery / EquipmentRequested Facility /

Loan Amount

Loan Period

Total Period / Tenor Grace period

1 New Project / Unit

2 Expansion

3Balancing &Modernization

3.2 Detail of Machinery / Equipment: (Attach proof / quotations)

Sr. #Description of Machinery /

EquipmentSuppliers Details

Country ofOrigin

Terms of Supply(Cash / Credit)

1

2

3

3.3 Securities Offered: (Rs. In Million)

Type of SecurityDescription Owned by

(Individual / Business)

Status(Encumbered

/ Vacant)

NetRealizable

Value /Worth

Land

1.

2.

3.

Building

1.

2.

3.

Machinery

1.

2.

3.

Personal Guarantee

1.

2.

3.

4.

5.

6.


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Others

1.

2.

3.

4.

3.4 Sources of Repayment: (Please Describe)

(Please Enclose Financial Statements / Evidence of Source)

3.5 Existing Limits / Borrowing

Name of Financial Institution Type of FacilityAmount /

LimitOutstanding

SanctionDate

ExpiryDate

Status(Regular /

Overdue)


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4DOCUMENTS ATTACHED WITH THE FORM

Board Resolution (for limited companies) Partners Resolution (for partnership concerns)

Copy of CNIC of the Applicant / Partner / Directors / Guarantor Two recent passport size photographs of applicant / Guarantors

Dully Filled & Signed BBFS. Copy of NTN certificate

Partnership deed (for Partnership) Form H (for registered partnership concerns) Memorandum & Article of Association (for limited companies) Form-29, 21 & Form-A (for limited companies)

Certificate of incorporation (for limited companies) Copy of latest financial statements / Projections

Three comparative quotations for purchase of plant & machinery/ equipment

Proof of sponsor share of investment and adequate means to meetany future requirements of the project.

Feasibility Report (For new projects) Bank statement (for last one year)

Latest Search Report (for limited companies) Copy of title documents of offered security.

Any other

5AUTHORIZATION / DECLARATION

I / We, ___________________________________________________________ hereby confirm as following:

5.1 I / We hereby apply for financing under the mark-up mode & hereby undertake to furnish all required documentation as required byBOK.

5.2 That I/ We shall provide all such further information and documents as may be requested by BOK, prior to extending the FinanceFacility to me / us or at any other time thereafter.

5.3 That all information provided by me / us in the Application Form is true and correct to the best of my / our knowledge and I / We havenot with held any material fact. I / We hereby indemnify BOK and hold BOK harmless against any damages that may be suffered as aresult of BOKs reliance on the information provided herein and against any claims or damages pre sent or future sustained by BOK,

under this scheme.

5.4 That the discretion of extending the Finance Facility to me / us and the amount of the Finance Facility to be extended to me / us shall liesolely with BOK and I / We shall abide by BOKs decision in this respect.

5.5 That BOK has right to reject any financing application without assigning any reason & to cancel any portion of the Finance Facilityextended to me / us and to seek immediate repayment of all amounts outstanding and payable by me / us in respect of the Finance

Facility.

5.6 I / We undertake to pay all charges & understand that external agency charges & all other charges are non-refundable for servicesrendered even if my / our application is rejected.

5.7 I / We hereby give irrevocable standing instruction to BOK to debit my / our account from time to time for quarterly repayment of theamount financed by BOK and to pay off charges related to payment of Mark-up insurance premium, excise or any other charges which

may be applicable.

5.8 In case of any intentional change in business setup in terms of change in Directors/partners and change in the scope of business, priorwritten permission from BOK would be obtained.

5.9 I / We also authorize BOK or its duly approved agents to contact my / our place of work and / or reference to verify any of theinformation provided by me / us in the application.

5.10I / We hereby authorize the bank and their parties, including my / our bankers to exchange any of my / our information or makingenquires for the purpose of consideration my / our application and for the conduct of any other account. I / We confirm that in the eventmy / our signature herein below differs materially from the signature(s) on my / our national identity card, BOK is authorized and

instructed to rely on the documents which I / We have executed for this loan / other communications signed or required to be signed byme / us in the manner specified herein below.

5.11That I / We have read and understood the Loan Application Form and whatever has been stated hereinabove and give my / our consentto abide by all the Rules & Regulations as stated herein as well as all other applicable Rules & Regulations.

Date:_____________________ ____________________________

Signature ofSponsor (s) / Director (s)

final-application form for ltf

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