diksha proent

project funding

Project Funding has a long and successful track record in arranging project finance and project funding. Project finance can be considered as the funding of a single major capital investment with Repayment either largely or exclusively coming from cash flow generated from the project. After completion of asset or project,it starts to generate revenue.

proof of identity (for all proponents any one from 1 to 3)

Voter ID Card
Pasport
Laminated Driving Licence
Pan Card (must)

miniroty / caste certificate

(in the cases where any concesion is available from the Government under any of their schemes)

proof of address

Residential (any one of the following)
Electricity bill
Telephone bill
Latest Property tax receipt

Business Office/Registered Office (any one of the following)
Electricity bill
Telephone bill
Latest Property tax receipt
Certificate of Incorporation in case of Company
Certificate of Registration in case of partnership firms

Business activity (factory/shed/unit) (any one of the following)
Electricity bill
Telephone bill
Latest Property tax receipt
Certificate of Incorporation in case of Company
Certificate of Registration in case of partnership firms

proof of registration

In case of Company
Article of Association

In case of MSME units (compulsory for Medium MSME)
Certificate of registration with District Industries Centre

In case of Partnership
Certificate of registration of firm with Registrar of firms and societies

proof of status & worth

Form of assets and liabilities (CBD 23) along with following documents
Income tax returns for the last 3 years
Audited balance sheet for last 3 years if the turnover is more than Rs 40 lacs in respective financial year
Xerox copy of paper securities viz: NSC,KVP
Xerox copy of LIC policy with certificate of surrender value and last premium paid receipt
Xerox copy of title deeds if possessing immovable property along with last tax paid receipt
Statement of a/c with other Banks /FIs for last one year along with status report from that Bank/FI
If borrowing from other Banks/FIs the status report from the that Bank/FI OR Original sanction letter along with all term and conditions and the statement of account from where the stipulated instalments are being paid
Figures of Capital, Sales, Net Profit of all sister concern/ group concerns
Statements of accounts for the last 3 years along with the details of the banker

eligibility

Memorandum of Association as to the borrowing powers and restrictions if any
Registered partnership deed to check any restrictive clause for borrowing
Projections of profit and balance sheet for next 2 years in case of working capital requirement and the same for the entire period of term loan
Project report for term loan including details of margin, assets to be acquired along with details of machinery to be acquired, from whomto be acquired, price, details like capacity; estimates from architect for comstruction of sheds/office etc.

statutory requirements

Clearance from pollution control board if applicable; if not applicable evidence thereof
Central Sales Tax registration number if applicable
Permission to mortgage the immovable property from the leasor (State Industrial Development Corpn.)
Excise licence (if required)
Forex related permissions

others

Proof of having power of sufficient load
Outside credit rating certificate if used
Sales tax receipts for last 3 year or last 6 quarters
Audited balance sheet with 3CA & 3CD
If the firm/company is operating in a lease premises from other individuals/group of individual or company then the tenor of lease should be greater than the tenor of term loan proposed or asked to be verified by sales officer & copy of lease agreement to be obtained.

In case of the property proposed as a security

If property is residential one /shop/commercial property
Sale Deed
Latest property tax paid receipt
Electricity Bill
Approved plan
Building completion certificate
NOC for mortgage From society / builder / or as may be the case or Deed of apartment in case of apartment
Share certificate in case of society
N.A. Certificate
Building completion certificate

If the property factory land & building In addition to above stated documents following documents need to be stated
Industrial Zone certificate or NA certificate
Lease deed in case MIDC land
Consent for tripartite agreement by MIDC in case of MIDC plot

In case of Documents / Papers required for Review with same terms & conditions / Additional Limits: From Customers to be colleted by sales Officer:

Application form –MSE-1
Fresh CBD-23 from Borrowers & Guarantors—along with supporting documents,papers.
Audited Balance sheet of Last year.
Estimated Sales for the current year and month-wise sales from April to Date.ie upto December.
CMA data for current year estimates and next year projections .In case of Additional Term Loan , CMA data for the entire tenor of the T/L. not mandatory for limits upto Rs.500.00lacs

From Branch

Copy of Last Proposal along with balance sheet analysis and credit rating
List of existing Documents / securities created along with Amount and dates---certified by the branch. The branch to certify the correctness of security documents for the existing limits.
Latest position of the account ie. S/L, V/S , DP,DL,OS---certified by the branch.
Authority & Date of Last CPA closure.
Last inspection report copy.
Copy of Oral Assent along with last TIR [search report]copy.
Name of Advocate and Date of Last report of “vetting of documents”.

Branch comments on :
Conduct of the account.
Cheques returned During the year
Number of times TOL / over-limits permitted .
Whether Audit irregularities complied and if pending comments on the same.
Devolvement of L/C ; if any
Invocation of guarantees; etc.; if any
Whether Banks charge noted with ROC / date of registration of charge and last ROC search carried out confirming that banks charges are registered with ROC.
Details of insurance policies covering the assets securing the advance i.e. amount/ securities covered and valid upto date; and if Bank’s charge is noted on it.

project consultancy

A consulting project is a multi-week, month or years long collaborative process between a client and a team of consultants whose goal is to solve a key problem faced by the firm. The project is created to provide the client with an external expert opinion on a matter of an operational or strategic importance.

The project may target long term strategic planning (for example, a ten-year product strategy plan), or more immediate goals such as cost reduction, mergers or acquisitions, or corporate restructuring. The value a consulting team provides not only includes an in depth and external analysis of the problem but also an assessment on the ramifications associated with implementing a particular plan.

Most importantly, a consulting team provides a client with perspective: key information, strategic insights, and risk assessment.

NPAs services

A Non-Performing Asset refers to a classification for loans on the books of financial institutions that are in default or are in arrears on scheduled payments of principal or interest. In most cases, debt is classified as nonperforming when loan payments have not been made for a period of 90 days.

According to RBI, terms loans on which interest or instalment of principal remain overdue for a period of more than 90 days from the end of a particular quarter is called a Non-performing Asset.
However, in terms of Agriculture / Farm Loans; the NPA is defined as under-For short duration crop agriculture loans such as paddy, Jowar, Bajra etc. if the loan (instalment / interest) is not paid for 2 crop seasons, it would be termed as a NPA. For Long Duration Crops, the above would be 1 Crop season from the due date.

preparation of detailed project reports

DPR (Detailed Project Report) is the primary report for the formulation of the investment proposal. Investment decisions are taken based on the details incorporated in the study. The first step in feasibility study is the needs analysis. The purpose is to define overall objectives of the system proposed to be designed.

The second and perhaps the most important thing is system identification. This is referred to as activity analysis.

After the preparation of feasibility study report, it is being reviewed by our experts in the concerned department. In case of any differences, the report is modified as discussed with experts.

Preparation of Detailed Project Report is further step in firming up the proposal. When an investment proposal has been approved on the basis functional report and the proposal is a major proposal, it would be necessary to detailed project report to firm up the proposal for the capital cost as well as the various facilities.

structuring joint ventures and partnerships

A joint venture involves two or more businesses pooling their resources and expertise to achieve a particular goal. The risks and rewards of the enterprise are also shared.

The reasons behind forming a joint venture include business expansion, development of new products or moving into new markets, particularly overseas.

Your business may have strong potential for growth and you may have innovative ideas and products. However, a joint venture could give you:

refinancing of high cost loan with low cost options

A refinance occurs when a business or person revises the interest rate, payment schedule and terms of a previous credit agreement. Debtors will often choose to refinance a loan agreement when the rate environment has substantially changed causing potential savings on debt payments from a new agreement.