ANNEXURE – I(c) - Union Bank
ANNEXURE – I(c)
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To.
The Branch Manager,
Union Bank of India,
__________________Branch,
Dear Sir,
Application cum undertaking for “Union Mortgage for Farmers”
I/We wish to inform that I/We have been availing/wish to avail Agricultural Loan with your branch. I/We have been availing credit facilities from _______________________Bank/ Financial Institutions. No amount is overdue against my/our name in your Bank or in any other credit institutions. I/We am pleased that Union Bank of India has launched “Union Mortgage Scheme for Farmers”. I/We hereby apply for a loan of Rs._______________(Rupees _____________________________________________) under this scheme and declare as under :
i) The loan amount will be utilized in genuineness of demand for agricultural purposes in my family/education of my children/medical treatment of my family/ marriage only. The purpose as quoted in my application.
ii) Loan availed will be repaid without fail within 12 months of harvesting/marketing of produce whichever is earlier in case of production loan and in years in case of loans availed for other purposes.
iii) I/We accept that Union Bank of India reserves the right to reject this application without assigning any reason.
iv) Bank is authorized to debit my/our Saving/CD/Term Deposit account, if any, for liquidation of loan outstanding under this scheme.
v) I/We agree to abide by the rules and regulations of the scheme, interest rate, processing fee etc.
vi) I/We declare that I am/we are the true owner of the property mortgaged/to be mortgaged to you and there are no existing encumbrances over my/our said property.
Name of the Applicant(s) : ___________________________________________________
Father’s/Husband Name : ___________________________________________________
Address(es) : ___________________________________________________
___________________________________________________
___________________________________________________
▪ The land/property of _________________acres/sq.ft. mortgaged/to be mortgaged with your bank is presently valued Rs.______________
▪ I/We hereby declare that my/our annual net income from all sources is Rs._______________p.a. (details as given below):
a) From cultivation : Rs. _________________
b) From Allied Activities : Rs. _________________
c) from other sources : Rs. _________________
TOTAL : Rs. _______________
: 2 :
Details of Loan required :
(Amt.in Rs.)
|Particulars |Total requirement of fund |Margin, if any |Amount sought as a |
| | | |loan |
|For raising of crops (No.of Acres x Scale of finance) | | | |
|(Total of Kharif + Rabi + Summer) | | | |
|For purchase of farm equipments/ | | | |
|machinery | | | |
|For other allied activities | | | |
|Consumption needs | | | |
|Education/Medical Expenses etc. | | | |
|TOTAL | | | |
Details of other loans availed from Branch/any other Bank :
|Particulars |Purpose |Amount O/s (Rs.) |Date of |Installment due on |Overdues (if any) |
| | | |availment | | |
|S T Loan | | | | | |
|M T Loan | | | | | |
I/We confirm that details given above are true to the best of my/our knowledge and belief and Bank may reject my/our application/limit and may proceed legally if any information appears to have been concealed by me/us and is found incorrect at any point of time.
Thanking you,
Yours faithfully,
(Signature)
FOR BRANCH / OFFICE USE
(Amount in Rs.)
Total require- Margin, if Loan amount
Ment of fund any sanctioned
For raising of crops (No. of acres x
Scale of finance) (Total of Kharif +
Rabi+Summer)
For purchase of farm equipment/
Machinery
For other allied activities
Consumption needs
Education/Medical Expenses etc.
TOTAL
Amount Sanctioned : Rs.
Security
Rate of Interest
Documents
Other Terms & Conditions
Signature of Signature of
Recommending Authority Sanctioning Authority
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