Proposal for a fresh Cash Credit (CC) limit

Sr.No.

Particulars

Details / Requirement

Applicability

Udyam Registration Certificate (URC)

Valid Udyam Registration Certificate for MSME classification

All MSME Applicants

1.

KYC Documents (PAN & Aadhaar)

PAN & Aadhaar of Proprietor / Partners / Directors / Guarantor / Company / LLP / Trust / Partnership

2.

MOA/AOA/COI/Partnership Deed/Trust Deed

Constitution Documents

All Applicants as applicable

3.

GST Registration Certificate

Copy of valid GST Registration with GSTIN

GST Registered Entities

4.

LEI Code

5.

Mandatory where total banking exposure is ₹5 Crore & above

Existing Banking Arrangements

Details of Current A/c, CC/OD, Term Loan, Other Facilities & Existing Banker(s)

If Banking With Other Banks

Registered Office/Unit premises ownership

Whether Premises is owned by company/firm or on lease/Rent

All applicants

6.

CIC Report (CIBIL Check)

Proposal will proceed subject to satisfactory credit history

7.

Latest Audited Balance sheet,preceding year, Check important parameters as per your Bank/FI guidelines.

For existing operating Unit

Audited Balance sheet

8.

Early scrutiny/

Preliminary Screening

• Financial Statement Analysis

Audited Balance Sheets and P&L accounts for the last 3 years.

For existing operating Unit

• CMA Data & Projections

Current Year Estimated + 2 Years Projected Balance sheet

For existing/Proposed operating Unit

• Collateral & Security Evaluation

After preliminary scrutiny of the proposal and verification of submitted documents, ensure the following:

• a unit visit shall be conducted to assess the existence, operations, and overall business activities of the borrower.

• Market enquiries shall also be carried out to verify the reputation, credibility, and market standing of the borrower.

• The borrower shall be requested to provide details of proposed collateral security, including ownership documents etc

• Discuss about the approximate applicable Bank/FI charges including other charges.

• indicate the expected/proposed rate of interest (ROI)

The above mentioned process ensures that all critical information, clarifications, and risk factors are identified and resolved prior to detailed appraisal, enabling smooth and efficient processing of the proposal.

Detailed Appraisal

All applicants

All applicants

Obtain the required documents from customer as per the collateral security offered and conduct the valuation as per Bank/FI guidelines

All applicants

based on latest ABS or any other documents/information as per Bank/FI guidelines

• Initiate the internal risk rating assessment

• Contract work/Supply agreement /LOA

Obtain copy of work orders, contracts, or supply agreements to confirm business activity, contract value etc.

• Statutory Licenses/Registration

• GST Returns

Last Financial year and Current financial year till the date of proposal

For existing operating Unit

All applicants

Obtain copies of applicable statutory licenses, registrations, and regulatory approvals (such as trade license, factory license, pollution clearance, FSSAI, contractor license, etc.) to ensure the business is operating legally and is compliant with regulatory requirements.

• Networth Certificate

CA Certified or in Bank/FI format

• Nil statutory Due Certificate

CA Certified

• Latest Book debt statement

CA Certified, with age wise debtors list

• Latest stock statement

As per Bank format

• Work progress report