Refinance Assistance to Scheduled Banks for their lending for Housing, 2003 1.

Introduction The objective of the scheme is to provide refinance assistance to Scheduled Primary Urban Co-operative Banks (UCBs) in respect of the direct already advanced by them for purchase construction repairs ! up"radation of housin" unit# $t may be noted that the rules and policies mentioned in this brochure apply only to refinance to be released henceforth under this scheme and not to refinance already availed by UCBs earlier under any old refinance schemes# 2. Eligibilit !riteria

Scheduled Primary Urban Co-operative Banks (UCBs) fulfillin" the follo%in" criteria %ill be eli"ible to dra% refinance from &'B " (a) The &et &on-Performin" (ssets as percenta"e of the &et (dvances should not e)ceed *+ for the entire portfolio of the Bank# (b) The Capital (de,uacy -atio should be as per the norms prescribed by -eserve Bank of $ndia# (c) The Bank should be profit makin" for the last t%o years# 3. Eligible loans .irect 'ousin" loans upto -s# /0 lakhs disbursed by the UCB to individuals %ould be eli"ible for refinance from &'B# (ll housin" loans covered to be covered under refinance should be Standard (ssets as per -B$ "uidelines #. Rate of Interest #.1 1inancial assistance under the scheme %ill be provided either at fi$ed or floating rates of interest# The UCB %ould have the option to choose either floatin" or fi)ed interest rate dependin" on their re,uirement# The interest rate char"ed to the UCB shall be as prevailin" on the date of disbursement and %ill depend on the slab of housin" loan and repayment period opted by the UCB# The rate of interest is subject to periodic revision by &'B and this %ill be informed from time to time# #.2 Conversion of fixed rate loans to floating rate and vice-versa $n case the UCB %ants to convert the outstandin" loans from fi)ed rate structure to floatin" or vice versa2 the follo%in" rules %ill apply " There %ill be a levy of 0#*0+ of the loan outstandin" on conversion from fi)ed to floatin" rate of interest# The applicable interest rate %ill be the then prevailin" floatin" rate of interest for the term e,uivalent to the residual repayment period of that loan2 as applicable# UCBs optin" to convert loans from floatin" to fi)ed rate of interest %ill have to pay levy as stipulated in respect of prepayment# The applicable interest rate %ill be the then prevailin" fi)ed rate of interest for the term e,uivalent to the residual repayment period of that loan# Conversions %ill be done only on 3uly 4 and 3anuary 4 of each year# -e,uests for such conversions should reach &'B one month before the due date of effective conversion#

#.3 Revision in interest rate on fixed rate loans $n case of refinance outstandin" at fi)ed rates of interest2 &'B %ill have the option to revise the rates on outstandin" loans on completion of 5 years# The revised rate %ill be effective from the ,uarter immediately follo%in" the ,uarter in %hich 5 years "et completed# The applicable interest rate %ill be the then prevailin" fi)ed rate of interest for the term e,uivalent to the ori"inal repayment period of that loan# $n the case of up%ard revision2 the UCB %ill have the option to either continue %ith the outstandin" balance on the revised rates or to prepay the same %ithout any prepayment levy# 'o%ever2 in the case of do%n%ard revision2 if the UCB so desires2 they %ould be allo%ed to prepay the amount only on payments of applicable prepayment levy# %. &er' of Refinance The refinance %ill be repayable %ithin a period not e)ceedin" 40 years# The UCB %ill have the option to choose the repayment period as per their re,uirement# -epayment of principal and payment of interest %ill be on ,uarterly basis# -epayment of principal %ill start after one clear calendar ,uarter from the date of release %hile payment of interest %ill start from the immediate ,uarter# (. )re*a 'ent The UCB2 after availin" of refinance from &'B2 may repay the %hole or any part of the amount earlier than the due date by "ivin" t%o months6 notice to &'B of its intention to effect such repayment before the due date# &'B %ill levy a prepayment char"e as mentioned belo%2 on such prepayments7 )re*a 'ent le+ Residual ,aturit 8ess years than -i$ed Interest Rate * 0#*+ of amount to be prepaid and 4+ of prepaid amount to -loating Interest Rate 0#*+ of amount to be prepaid

* years above

be 0#*+ of amount to be prepaid

The prepayment levy payable by UCBs to &'B %ould be independent of the fact as to %hether prepayment levy is bein" char"ed by UCBs from their borro%ers# The UCB %ill be re,uired to furnish the particular refinance account numbers a"ainst %hich prepayment is bein" made# $n the absence of such details the prepaid amount %ill be credited to the refinance released earliest and outstandin" on 9first in first out6 basis# $n case of part-prepayment2 the si:e of instalment as ori"inally fi)ed at the time of release %ill not be altered# Conse,uently2 the last instalment %ill be reduced and %herever necessary the period of repayment %ould "et reduced# .. Securit ..1 Security to be obtained from individual borrowers " Primary Urban Cooperative Banks are re,uired to follo% security and mar"in in respect of their

.irect 'ousin" 1inance as approved by their board in conformity %ith the -B$ "uidelines in this re"ard issued from time to time# ;indly note that the credit risk of the primary loan %ill be fully taken by the UCB and the refinance sou"ht from &'B is repayable irrespective of the primary loan account remainin" re"ular or other%ise#< ..2 Comfort for Refinance : Primary Urban Co-operative Banks availin" refinance are re,uired e)ecute a one time =emorandum of ("reement and 8etter of (uthority authori:in" &'B to debit its current account maintained %ith -B$ in case of default# /. )R0!E12RE /.1 Application for Refinance Limit The refinance operations of &'B are centralised at &e% .elhi# -efinance in a particular year is released on the basis of the limit sanctioned to the UCB for the year >3uly to 3une?# ( UCB desirous of availin" refinance %ill submit to &'B an application for sanction of refinance limit in the form 3HB4R0152!B6401 alon" %ith its housin" loans disbursements in the form 3HB4R0152!B6402 indicatin" the disbursement of housin" loans durin" the previous year and outstandin" housin" loan to"ether %ith the follo%in" information7 a) Balance sheet and profit ! loss account ((nnual -eport) for the last three years# b) Classification of housin" loans as on 54 st =arch of the last audited year in the form 3HB4R0152!B6403# /.2 Legal documentation @n receipt of the sanction letter from &'B2 UCBs %ill furnish to &'B a resolution duly passed by its Board of .irectors or any other committee appointed for the purpose duly authorisin" officials to e)ecute documents etc#2 in favour of &'B in the form 3HB4R0152!B640#A (for banks which are taking refinance for the first time) @- 3HB4R0152!B640#B (for banks which have taken refinance earlier )# The Board -esolution alon" %ith specimen si"nature of authorised officials can also be furnished to &'B earlier than receipt of sanction letter# The UCB %ill also be re,uired to enter into a one4ti'e ,e'orandu' of Agree'ent for the purpose at the any @ffice of &'B# The UCBs that have earlier taken refinance from &'B and have already e)ecuted the =emorandum of ("reement are not re,uired to e)ecute the same a"ain# The UCB %ill also "ive an irrevocable authority to &'B in the form 3HB4 R0152!B640%2 for debit of its current account %ith the -eserve Bank of $ndia for the purpose of recovery of principal interest any other char"es arisin" out of the refinance transactions2 duly confirmed by the .eposits (ccount .epartment of -B$2 in case of default# The SBs %ill be re,uired to si"n the authority letter to"ether %ith the e)ecution of =emorandum of ("reement# Pendin" completion of formalities at -B$2 the SB %ill be re,uired to "ive an undertakin" to furnish the above authority letter2 duly confirmed by -B$2 to &'B %ithin three months#

The UCBs that have earlier taken refinance from &'B and have already submitted the 8etter of (uthority are not re,uired to furnish the same a"ain# /.3 Submission of refinance application for drawing funds (fter completion of all formalities as indicated above2 the UCB %ill submit an application to dra% refinance in the form 3HB4R0152!B640( to &'B at its &e% .elhi office# (n official authorised for the purpose should si"n the refinance applications submitted by UCBs# The minimum si:e of a refinance application shall be -s# 4 crore or the refinance limit %hichever is lo%er# The UCB %ill be re,uired to indicate the option of repayment period and fi)ed floatin" rate of interest in the application# Separate applications %ill need to be submitted for loans amounts havin" different repayment period and fi)ed floatin" rate# /.# Mode of release The refinance released %ill be routed throu"h any branch of the Bank at =umbai @- throu"h their account %ith -B$# The mode of release has to be intimated to &'B in the refinance application 3HB4R0152!B640(# /.% Mode of Repayment a) (ll repayments of principal and payments of interest additional interest should be made at the =umbai office of &'B2 at 5 rd floor2 Bombay 8ife Buildin"2 /*2 Aeer &ariman -oad2 1ort2 =umbai /00 0B5# b) -epayment of *rinci*al shall be made by the UCB to &'B as follo%s7 i) $n cases %here UCBs opt for ,uarterly repayment2 the amount of refinance availed shall be repaid to &'B %ithin a period not e)ceedin" 40 years by %ay of /0 e,ual ,uarterly instalments or less2 as may be specified by &'B# ii) The due date for repayments of ,uarterly instalments shall be the first day of each calendar ,uarter (i#e# 3anuary 42 (pril 42 3uly 4 and @ctober 4 each year)# iii)-epayment of principal shall commence after a "ap of one clear calendar ,uarter follo%in" the disbursal of refinance and as may be specified by &'B# For example, if refinance is disbursed on October 4, 2 2 the first instalment of principal will fall due for repa!ment on "pril #, 2 $, i%e% after a gap of calendar &uarter 'anuar! to (arch, 2 $% c) Payment of interest by the UCB to &'B shall be made as follo%s7 i) $nterest to be paid to &'B on refinance2 %ill be calculated on daily product basis and char"ed at ,uarterly rests# ii) 1or calculation of interest2 a 9year6 %ill be taken as 5C* days2 irrespective of %hether the year is a leap year or a normal year# iii)Payment of interest shall commence from the first day of the calendar ,uarter immediately succeedin" the date of disbursal of refinance# For example, if refinance is disbursed on October 4, 2 2 the interest on the refinance will first fall due for pa!ment on 'anuar! #, 2 $% iv)The interest on the refinance %ill be"in to accrue in favour of &'B from the date of che,ue(s) authorisations# d) $f the due date for repayment of principal payment of interest is a holiday for the =umbai office of &'B2 and the credit in respect of the amounts due is

received by &'B %ithin the first three 7orking da s of the ,uarter in %hich the payment is due2 additional interest %ould not be char"ed# 'o%ever2 the UCB %ill pay interest on the amount due2 at the applicable rates of interest for the additional days upto the day of payment to the =umbai office of &'B# $t may please be noted in this re"ard2 that the =umbai office of the &'B observes holidays as declared for the State of =aharashtra in terms of the &e"otiable $nstruments (ct2 4D/D# $t may be noted2 further2 that &'B observes a five-day %eek and that2 accordin"ly2 its offices remain closed on Saturdays and Sundays# $f the repayment of instalment and payment of interest is made before the due date2 credit %ill be "iven only on the due date# e) 1or any dela be ond the first three 7orking da s for the =umbai office of &'B2 the UCB %ill pay additional interest on the amount in default for the total period of delay2 at the rate of t7o *er cent *er annu' abo+e the applicable rate# The UCB shall make payments to &'B promptly on due dates2 irrespective of %hether or not the amount is actually recovered by it from its primary borro%ers# 8. 0ther &er's and !onditions i) Loans eligible for refinance by NH " (ll housin" loans covered to be covered under refinance should be Standard (ssets as per -B$ "uidelines# ii) !armar"ing of loans for NH refinance " The SB %ill be re,uired to earmark a pool of loans to fully cover the outstandin" refinance at any point of time# &'B may verify records maintained in respect of these loans# iii) #eriodical Returns" &'B may call for information or returns on periodic intervals from the UCBs availin" of refinance from &'B# The UCBs should be prompt and re"ular in submission of statutory returns# iv) $nspection" The books of account2 re"isters2 and all other relevant records of the UCB can be inspected by or on behalf of &'B# v) $nspection % Audit Compliance" (ction on any findin"s of inspection audit should be taken promptly# vi) Appraisal and &ollow'up of Housing Loans " The UCBs should have proper systems and procedures for appraisal and follo%-up of housin" loans2 as also ,ualified staff for the purpose# vii) #ost'disbursal (iscipline" There should be proper pre and postdisbursement supervision and follo%-up of housin" loans to ensure end-use of funds as also timely and re"ular repayment of the loans# viii) Maintenance of Recovery #erformance " Continuance of refinance facility from &'B %ill be subject to maintenance of satisfactory performance by the UCB and compliance of conditions stipulated by -B$ &'B from time to time#

i)) Refinance Assistance at (iscretion of NH " -efinance assistance in terms of this scheme shall be available at the sole discretion of &'B and cannot be claimed as a matter of ri"ht# )) Recall of Refinance" &'B reserves the ri"ht to recall the refinance in the event of diversion of the relative funds for purposes other than housin" or for suppression of any material information by the eli"ible lendin" institution or the happenin" of any such event2 %hich may2 in the opinion of &'B2 endan"er the repayment of financial assistance# )i) NH *s Rig+t to Modify t+e Sc+eme" &'B may2 at its sole discretion2 modify the Scheme either in respect of all eli"ible lendin" institutions or in respect of any one or "roup of eli"ible lendin" institutions# 10. )eriodic return to 3HB Sr 3o . 4# B# 5# /# -or' 3o. -@.-UCB-(-04 -@.-UCB-(-0B -@.-UCB-(-05 -@.-UCB-(-0/ 3ature of State'ent (nnual information (nnual auditor6s certificate Statement of fla""ed loans (nnual statistical information )eriodici t 54st =arch 54st =arch 54st =arch 54st =arch 1ue 1ate To be submitted by 54st (u"ust To be submitted by 54st (u"ust To be submitted by 54st (u"ust To be submitted by 54st (u"ust

-eturns in Sr# &o# 4 and B are to be furnished by all Scheduled Primary Urban Cooperative Bank (UCBs) havin" outstandin" refinance# 'o%ever return in Sr# &o# / (-@.-UCB-(--0/) on (nnual statistical information is to be submitted only by UCBs %ho have availed refinance durin" the financial year of the return#

9IS& 0- A33E:2RE State'ent 3o. 4 B 5 / * C E &'B--@.>UCB?-04 &'B--@.>UCB?-0B &'B--@.>UCB?-05 &'B--@.>UCB?-0/( &'B--@.>UCB?-0/B &'B--@.>UCB?-0* &'B--@.>UCB?-0C 3a'e;3ature of state'ent (pplication for sanction of refinance limit Statement on disbursement of housin" loan Statement on classification of 'ousin" 8oans .raft 1ormat of Board -esolution (for banks takin" refinance for first time) .raft 1ormat of Board -esolution (for banks %hich are not takin" refinance for first time) 1ormat of letter of authority (pplication for dra%al of refinance (nnual information (nnual auditor6s certificate Statement of fla""ed loans (nnual statistical information

A**lication for sanction of refinance li'it

9egal 1ocu'entation

A**lication for dra7al of refinance )eriodic Returns to 3HB <Annual= -@.-UCB-(--04 F -@.-UCB-(--0B D -@.-UCB-(--05 40 -@.-UCB-(--0/ 44

3HB4R0152!B6401 -ef# &o# .ate7 The General =ana"er2 -efinance @perations .epartment2 &ational 'ousin" Bank Core *(2 /th floor2 $ndia 'abitat Centre 8odi -oad2 &e% .elhi - 440005 .ear Sirs2 Re>uest for financial assistance under 3HB?s sche'e for *ro+iding Refinance Assistance to Scheduled Banks He IIIII# (bank) hereby apply for financial assistance to the e)tent of -s# III# in respect of finance provided to be provided by us to our constituents for housin" under the captioned scheme# He hereby confirm that our bank has sanctioned and disbursed %ill sanction and disburse loans to the e)tent of -sIIII under the said scheme# B# He are enclosin" a certified copy of the necessary authorityJ to borro% the said financial assistance as envisa"ed in the Scheme# Kours faithfully2 1or and on behalf of III## (name of Bank) ((uthorised Si"natory) J "uthorit! in the form of Resolution passed b! the )oard of *irectors of the )ank in the form prescribed b! +,)%

3HB4R0152!B6402

State'ent of disburse'ent of housing loans

Housing loan outstanding as on ,-st Marc+ of t+e previous year: (mount disbursed durin" the previous year J 1irect Housing -inance $ndividuals Indirect Housing -inance@@ To '1Cs &otal +otes - Onl! principal amount to be included here JJ $ndirect housin" finance provided by banks by %ay of investment in bonds of &'B and 'U.C@ should not be included here >(mount in -s# 8akh? @utstandin" at the end of the year

3HB4R0152!B6403 Classification of ,ousing .oans

[Rs./Lakh]

'ousin" loansJJ

KL(-SJ (s on 54st =arch of IIIII (mt + to total housin" loan

(s on 54st =arch of IIIII (mt + to total housin " loan

(s on 54st =arch of IIIII (mt + to total housin" loan

Standard 'ousin" loans Sub-standard 'ousin" loans .oubtful 'ousin" loans 8oss 'ousin" loans Total 'ousin" loans

400

400

400

J $nformation in respect of last three consecutive financial years is to be provided# JJ $nformation to be furnished above should be in respect of entire housin" loan portfolio and not only those refinanced by &'B#

10

3HB4R0152!B640#A 1RA-& 1@-=(T @1 -LS@8UT$@& T@ BL P(SSL. BK T'L B@(-. @1 T'L B@--@H$&G SC'L.U8L. B(&; 1@- LMLCUT$@& @1 (G-LL=L&T (applicable to banks %hich have not taken refinance earlier) -esolvedN 4# That the IIIIIIIII (name of bank) do borro% from the &ational 'ousin" Bank (hereinafter referred to as Othe 'ousin" BankO) under its refinance scheme applicable to Scheduled Banks by %ay of refinance for the purpose of promotin" housin" in the country on the terms and conditions set out in the draft =emorandum of ("reement for%arded by the 'ousin" Bank %ith its letter &o# IIIIII# dated IIIIII2 a copy %hereof duly authenticaed by the Chairman has been circulated to the =embers of the Board# B# That the draft =emorandum of ("reement for%arded by the 'ousin" Bank %ith its letter no# IIII## dated IIII## be and is hereby approved and ShriIIIIIIIIIIII# and Shri IIIIIII# (name and desi"nation) be and is hereby authorised to e)ecute the =emorandum of ("reement under their si"nature duly %itnessed# 5# That Shri IIIIIIIIII2 director official and Shri IIIIIIII# director official be and are hereby authorised severally to borro% an amount up to -sIIII## %ith or %ithout security from the 'ousin" Bank by %ay of refinance for the aforesaid purposes from time to time upon the terms and conditions set out in the said =emorandum of ("reement %ith such modifications as mi"ht have been a"reed to on behalf of the Bank and accept and convey acceptance on behalf of the Bank to the 'ousin" Bank to the letters of sanction that may be issued by the 'ousin" Bank from time to time in connection %ith the said borro%in"s# /# That the follo%in" officials of the Bank (i) (ii) (iii) IIIIIIIIIIIII# IIIIIIIIIIIII# IIIIIIIIIIIII#

be and are hereby authorised severally to e)ecute on behalf of the Bank and in favour of the 'ousin" Bank such other deeds and documents2 promissory notes2 declarations and other %ritin"s %hatsoever as the 'ousin" Bank may re,uire from time to time in connection %ith the aforesaid borro%in"s by %ay of refinance and "enerally to do or cause to be done such other acts2 deeds and thin"s as may be re,uired by the 'ousin" Bank in connection %ith the said borro%in"s#

11

3HB4R0152!B640#B 1RA-& 1@-=(T @1 -LS@8UT$@& T@ BL P(SSL. BK T'L B@(-. @1 T'L B@--@H$&G SC'L.U8L. B(&; (%hich has taken refinance earlier)

-esolved BankO?

that

the

PPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPJdo

borro% from the &ational 'ousin" Bank >hereinafter referred to as Othe 'ousin" by %ay of refinance or other%ise for the purpose of housin" loans e)tended to be e)tended by it2 from time to time2 a sum of -sIIIIIII B# -LS@8AL. 1U-T'L- T'(T the po%er to borro% from the 'ousin" Bank for the aforesaid purpose be and is hereby dele"ated to the follo%in" officers severally2 namely7 $#PPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP>&ame ! .esi"nation? $$#PPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP>&ame ! .esi"nation? $$$#PPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP>&ame ! .esi"nation? 5# -LS@8AL. 1U-T'L- T'(T the aforesaid @fficers be and are hereby

authorised severally to convey acceptance of the terms and conditions of the said borro%in"s from &'B on behalf of the Bank and to e)ecute in favour of the 'ousin" Bank2 promissory notes2 a"reements2 declarations and such other documents includin" statements and returns as may be re,uired by the 'ousin" Bank in connection %ith the said borro%in"s and "enerally to do or cause to be done such other acts2 deeds and thin"s as may be re,uired by the 'ousin" Bank in connection %ith the said borro%in"s#

J &ame of the bank

12

3HB4R0152!B640%

8LTTL- @1 (UT'@-$TK T@ BL LMLCUTL. BK ( SC'L.U8L. B(&; T@ T'L -LSL-AL B(&; @1 $&.$( 1@- .LB$T$&G T'L$- CU--L&T (CC@U&T Place 7 .ate 7 The =ana"er2 -eserve Bank of $ndia PPPPPPPPPPPPPPPPP .ear Sir2 @ur Current ( c &o# &os# PPPPPPPPPPPPPPPP %ith the -eserve Bank of $ndia at PPPPPPPPPPPPPPPPPPP# The &ational 'ousin" Bank (hereinafter referred to as the 'ousin" Bank) has a"reed to provide financial assistance under the provisions of the &ational 'ousin" Bank (ct2 lDFE and the accommodation sanctioned by them %ill be effective from IIIIIIII### The relevant Clauses of the General ("reement e)ecuted in this re"ard stipulate2 inter alia2 that the 'ousin" Bank shall be authorised by us to re,uire you to debit our above Current (ccount s %ith you in the event of default committed by us in the repayment of the principal instalments of any loan or loans dra%n by us under the refinance financial assistance sanctioned to us as also in the payment of interest due thereon2 on the due dates2 %ith such sums representin" the principal amount or interest due thereon as may be in default by us and remit the same to the 'ousin" Bank in such manner as they may re,uire by debit to our Current (ccount s maintained %ith you (the e)tracts of Clauses F and 44 are enclosed)# B# (ccordin"ly2 %e hereby authorise and re,uest you that as and %hen a %ritten re,uisition is received by you from the 'ousin" Bank and not%ithstandin" any dispute that may e)ist or arise bet%een us and the 'ousin" Bank2 you may %ithout reference to us2 debit our Current (ccount s %ith such sums as may be specified by the 'ousin" Bank in its %ritten re,uest and pay the same to the 'ousin" Bank in such manner as they desire# 5# He a"ree to the fact that the 'ousin" Bank has approached you in %ritin" for debitin" our Current (ccount s %ith you shall be a conclusive proof that default has arisen in respect of payment of dues by us to the 'ousin" Bank and it shall not be necessary for us to admit to the fact of such default by means of a separate advice to the 'ousin" Bank# /# This letter of authority shall not be revoked by us e)cept %ith the prior concurrence of the 'ousin" Bank and you may act upon this authority until such time this authority is revoked#

13

*# Please ackno%led"e receipt of this letter and also return the duplicate copy thereof duly confirmed by you to the 'ousin" Bank at &e% .elhi# Kours faithfully 1or and on behalf of the PPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP (uthorised officialPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP Confirmation of the -eserve Bank of $ndia on the duplicate copy of the letter of authority# -eturned to the &ational 'ousin" Bank2 &e% .elhi# The -eserve Bank of $ndia hereby a"rees to comply %ith the re,uisitions as may be issued by the &ational 'ousin" Bank2 from time to time2 in terms of the above letter of authority 1or -eserve Bank of $ndia (uthorised official Place7 .ate7 >@fficial Seal?

14

NHB-ROD[UCB]-06
FORMAT OF APPLICATION FOR DRAWING REFINANCE

-efinance @perations .epartment2 &ational 'ousin" Bank2 Core *(2 $ndia 'abitat Centre2 8odi -oad2 &e% .elhi-440 005# Sir2 Refinance Assistance to Scheduled )ri'ar <2rban= !o4o*erati+e Banks for their lending for Housing Aear Inde$ no. of clai' @ 4# 200%40( <3uly - 3une= (8T - 0*-0C) - PPPP

8oan si:e for %hich refinance is bein" claimed >tick (Q) any one option? (a) 8oans upto -s#4* lakhsJ "iven in rural areas and eli"ible for refinance under Golden 3ubilee -ural 'ousin" -efinance Scheme2 4DDE (G3-'-S) /-applicable in respect of loans disbursed on or after #0-##-2 4% For loans disbursed before #0-##-2 4, earlier ceiling of Rs%# lakhs shall appl!1% (b) 8oans upto -s#/0 lakhs2 other than (a)

B# 5# /# *# C# E#

&ame of Scheduled Bank 8imit Sanctioned for the Kear 8imit Utili:ed 8imit (vailable Scheme (-e"ular G3-'-S) Present Claim7 Sr# &o # a) b) Particular $ndividual 'ousin" 8oans outstandin" in the books of the bank as on PPPPPPPPPPP -efinance Claimed under the present claimJ &o# of 8oan (mount (ccounts (in lakhs)

- Refinance will not be claimed for outstanding loans against which funds has alread! been sought from +,) or an! other institution

F# D#

$nterest Type @pted (1i)ed 1loatin") .uration of -efinance (4 to 40) years /+ote2 3rincipal will be repaid e&uated &uarterl! instalments and interest will be paid ever! &uarter ) He undertake that 7 a) (ll housin" loan details pertainin" to the above claim is available at the '@#

4 0#

15

b) c) d) e) f)

(ll information statements as may be re,uired by &'B from time to time shall be submitted promptly# The housin" loans "ranted to the constituents have been utilised by them for the purpose for %hich the loans have been "ranted# &o refinance finance has been taken a"ainst these loans from &'B or any other institution and these loan accounts %ould remain unencumbered durin" the pendency of refinance# The housin" loans covered under &'B refinance are classified as Standard (ssets as defined under -B$ "uidelines# The loan disbursed in rural areas for %hich refinance is bein" sou"ht under the Golden 3ubilee -ural 'ousin" -efinance Scheme has been properly classified and the location of the d%ellin" unit is as covered by the 4DD4 census# The refinance sou"ht is in respect of housin" loans "ranted as per the eli"ibility criteria prescribed under the captioned scheme and the proposal conforms to the "eneral policy and principles laid do%n and communicated to us from time to time2 by &'B# He %ill properly identify all loans for %hich financial assistance is obtained from &'B and maintain a list of all such loans# (ll information pertainin" to such accounts %ill be kept readily available %ith us# $ndividual housin" loans once fla""ed a"ainst &'B6s refinance %ill never be chan"ed %ithout prior sanction of &'B as lon" as they are in the books of Banks and they %ill be distinctly identifiable# 8ist of such book debts %ould be submitted to &'B on demand# 1urther2 the branches %ill be havin" the list of &'B refinanced loans at their end for easy identification durin" inspection#

")

h)

4 4# 4 B#

He undertake to repay the refinance as per the repayment schedule furnished by &'B# The refinance amount may please be paid in to our current account &o# PPPPP maintained %ith PPPPPPPPPPPPPPPPPPPPPPPPPPP >&ame of the Bank Branch Place?2

Kours faithfully2 Place " .ate " (uthorised Si"natory

3ote
4# &umerical serial no# of the present claim is to be entered# $t may be noted that inde) no# of claim %ill be a runnin" series startin" from 4 to be reset at the be"innin" of every year (3uly to 3une)# e#"# $f three other claims under the re"ular scheme have already been sent to &'B durin" the year B00*-0C (3uly to 3une) and the present claim is the fourth claim of the year2 the $nde) no# of claim should be entered as (8T - 0*-0C) - /# Claims made under the -e"ular and G3-'-S schemes %ill carry the same runnin" series# Separate applications are re,uired for refinance under Golden 3ubilee -ural 'ousin" -efinance Scheme and for other loans# Separate applications are re,uired for refinance in respect of direct loans and indirect loans# Similarly2 separate applications are re,uired for refinance on floatin" and fi)ed rate of interest and for different repayment period# The repayment period opted by Banks in respect of refinance for indirect loans should not be more than the %ei"hted avera"e une)pired maturity of such loans#

B# 5# /# *#

16

C#

-ural area is the area comprised in any villa"e includin" the area comprised in any to%n2 the population of %hich does not e)ceed *02000 as per the 4DD4 census#

)eriodic return to 3HB

Sr 3o . 4# B# 5# /#

-or' 3o. -@.-UCB-(-04 -@.-UCB-(-0B -@.-UCB-(-05 -@.-UCB-(-0/

3ature of State'ent (nnual information (nnual auditor6s certificate Statement of fla""ed loans (nnual statistical information

)eriodici t 54st =arch 54st =arch 54st =arch 54st =arch

1ue 1ate To be submitted by 54st (u"ust To be submitted by 54st (u"ust To be submitted by 54st (u"ust To be submitted by 54st (u"ust

17

3HB4R0142!B4AR401 (nnual $nformation to be furnished as on 54 st =arch2 --------$# $$# (nnual -eport as on 54st =arch2I## =ovement of Gross &P( of all loans durin" the year ended 54 st =arch2I## (-s# crore) @penin" balance of Gross &P( as on 4st (pril I## (dd " (dditions &P( durin" the year 8ess " &P( collected recovered durin" the year Closin" Balance of Gross &P( as on 54st =arch I (sset ,uality of all loans as on 54st =arch2I## (sset Classification Standard Sub-Standard .oubtful 8oss Total $A# $nformation -e"ardin" $ndividual 'ousin" 8oans (-s# crore) .irect individual 'ousin" 8oans $ndividual 'ousin" 8oans Sanctioned durin" the year ended 54st =arch2I## $ndividual 'ousin" 8oans .isbursed durin" the year ended 54st =arch2I## $ndividual 'ousin" 8oans @utstandin" as on 54st =arch2I## A# (sset ,uality of individual housin" loans as on 54st =arch2I## (-s# crore) (sset Classification Standard Sub-Standard .oubtful 8oss Total &o# of (ccounts @utstandin" Balance @utstandin" Balance Provisions (if any) (-s# crore) @utstandin" balance net of provisions To be submi e! b" #$s Au%us

$$$#

18

A$#

(sset ,uality of individual housin" loans fla""ed to &'B as on 54st =arch2 I## (-s# crore) (sset Classification Standard Sub-Standard .oubtful 8oss Total &o# of (ccounts @utstandin" Balance

A$$#

Position of ("e-%ise @verdue .ebtors in respect of $ndividual 'ousin" 8oans as on 54st =arch2I## (""re"ate individual housin" loans outstandin" (principal only) ("e - %ise debtors (L=$ overdue) (4) &o# of (ccount s (B) ((mounts in -s# crore) (""re"ate of (s a percenta"e principal JJ of Total housin" outstandin" in loans outstandin" overdue accounts (principal only) (5) (/)

4R-5 months 5-C months C - 4B months 4B - B/ months S B/ months &otal -- 4he principal outstanding in the overdue accounts will have to be depicted >5 6(7 due on #-$-2 4 will be considered # month 6(7 overdue if not paid b! #-4-2 4 and so on and therefore total principal outstanding in the overdue account /not outstanding 6(71 has to be depicted in column /41 8

1or IIIII## (&ame of Bank) (uthori:ed official Place " .ate " >@fficial Seal?

19

3HB4R0142!B4AR402 (nnual (uditor6s Certificate to be furnished as on 54 st =arch2 --------3a'e of Bank " IIIIIIIIIIIIIIIII He hereby certify that " (i)

To be submi e! b" #$s Au%us

IIIII## (&ame of Bank) has availed refinance assistance from &ational 'ousin" Bank and the outstandin" of %hich as on 54st =arch ##I %as -sI# The loan accounts for %hich refinance has been taken from &ational 'ousin" Bank can be distinctly identified from the records of the bank# IIIII## (&ame of Bank) has earmarked ade,uate amount of loans to fully cover the above outstandin" refinance from &ational 'ousin" Bank# The loan accounts for %hich refinance has been claimed under Golden 3ubilee -ural 'ousin" -efinance Scheme (G3-'-S) conform to the locational criteria prescribed under the scheme#

(ii) (iii) (iv)

1or IIIII## (&ame of Bank) (uthori:ed official Place " .ate " >@fficial Seal?

1or IIIII## (Statutory (uditor) Partner Place " .ate " >@fficial Seal?

3HB4R0142!B4AR403 Statement of 1la""ed 8oans as on 54st =arch every year

To be submitted by 31st u!ust

20

<&o be sub'itted in soft co* &able I &o # -efinan 1ile ce 8oan &o# ( c no# Code Branc h

in ,S E$cel on a !1=

&ame ! (ddress (ddress of of Constituent Property

.ate of @utstandin" =ort"a"e 8oan as on Pled"e 54 =arch I##

21

3HB4R0142!B4AR40#

To be submi e! b" #$s Au%us

Statistical Return onl on loans against 7hich refinance has been a+ailed fro' 3HB during the financial ear ended 31st ,arch 200..
". #tateme$t sho%i$! i$&ome detai's o( be$e(i&ia)ies o( housi$! 'oa$s i$ )es*e&t o( %hi&h )e(i$a$&e a+ai'ed du)i$! the yea) e$ded 31st ,a)&h 200.. ()om -./. ,o$th'y "$&ome o( /e$e(i&ia)y .ouseho'd 0a)ti&u'a)s 1 Less tha$ o) e1ua' to Rs.5500/2 *.m. 2 /et%ee$ Rs.5501/2 *.m. to Rs.8109/2 *.m. 3 bo+e Rs.8109/2 *.m.

-umbe)

mou$t Rs.

Tota' Note : Amount furnished should tally with total amount of refinance claimed during the year ended March 31, 200.. II& ' ( eme) s*o+i)% s ( e-+ise !isbu,seme) o- *ousi)% .o()s i) ,es/e0 o- +*i0* ,e-i)()0e (1(i.e! !u,i)% *e "e(, e)!e! #$s M(,0* 200&& -,om NHB&
-o.
1 2 3 4 5

-ame o( the #tate/5T

#&hedu'ed 6astes
-o. mou$t Rs.

#&hedu'ed T)ibes
-o. mou$t Rs. -o.

7/6
mou$t Rs.

3Rs. 'akhs4 7the) Tota' 6ate!o)ies

-o. mou$t Rs. -o. mou$t Rs.

Tota'

Note : Amount furnished should tally with total amount of refinance claimed during the year ended March 31, 200.. III& ' ( eme) s*o+i)% *e !isbu,seme) o- *ousi)% .o()s -o, +*i0* (1(i.e! !u,i)% *e "e(, 33333
-,om NHB

Loa$ #i8e [ ] 5* to Rs.29009000/2 [/] Rs.29009001 to Rs.59009000/2 [6] Rs.59009001 to Rs.109009000/2 [:] Rs.109009001/2 to Rs.259009000/2 [;] Rs.259009001/2 to Rs.19009009000/2 Total

No& o- u)i s 1. Rural 2. Urban 3. Rural . Urban !. Rural ". Urban #. Rural $. Urban %. Rural 10. Urban

Amou)

-otes 4 1. <Ru)a' )ea< is the a)ea &om*)ised i$ a$y +i''a!e i$&'udi$! the a)ea &om*)ised i$ a$y to%$9 the *o*u'atio$ o( %hi&h does $ot e=&eed 509000 as *e) 1991 &e$sus. 2. <5)ba$< mea$s a'' a)eas othe) tha$ <Ru)a'< 3. mou$t (u)$ished shou'd ta''y %ith tota' amou$t o( )e(i$a$&e &'aimed du)i$! the yea) e$ded ,a)&h 319 200.. 4. Retu)$ *e)tai$s o$'y o$ 'oa$s a!ai$st %hi&h )e(i$a$&e has bee$ a+ai'ed ()om -./ du)i$! the (i$a$&ia' yea) e$ded 31st ,a)&h 200.. "( $o )e(i$a$&e has bee$ a+ai'ed du)i$! the (i$a$&ia' yea) a $i' )etu)$ may be submitted. 6e)ti(ied that the data (u)$ished i$ the stateme$t is t)ue a$d &o))e&t.

0'a&e 4 :ate 4 utho)ised #i!$ato)y

22