kandy project - copy

8/4/2019 Kandy Project - Copy

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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


KOTHRUD Sr. No.129, Plot No.6, Ideal Colony,Paud Road, Kothrud,Pune 411029 Maharashtra, INDIA


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


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


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: