Scribd Logo
Upload

Welcome to Scribd!

  • 14 views

    Audit Note OB

    Uploaded by

    arvindsrei
    This document summarizes a loan agreement for the purchase of a Volvo crawler excavator. The key details are: 1) The loan is for Rs. 3,670,000 with a margin money of 10% and insurance through SREI for a loan period of 30 months with a 30 day moratorium. 2) The AIRR is 11.50% and FIRR is 12.05% with a yield of 14.60%. 3) There are some documentation issues that need to be addressed such as providing registration proof of the guarantor's firm, a post-shipment loan agreement, a corrected statement of accounts showing the increased asset cost.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd

    Audit Note OB

    Uploaded by

    arvindsrei
    14 views1 page
    This document summarizes a loan agreement for the purchase of a Volvo crawler excavator. The key details are: 1) The loan is for Rs. 3,670,000 with a margin money of 10% and insurance through SREI for a loan period of 30 months with a 30 day moratorium. 2) The AIRR is 11.50% and FIRR is 12.05% with a yield of 14.60%. 3) There are some documentation issues that need to be addressed such as providing registration proof of the guarantor's firm, a post-shipment loan agreement, a corrected statement of accounts showing the increased asset cost.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document summarizes a loan agreement for the purchase of a Volvo crawler excavator. The key details are: 1) The loan is for Rs. 3,670,000 with a margin money of 10% and insurance through SREI for a loan period of 30 months with a 30 day moratorium. 2) The AIRR is 11.50% and FIRR is 12.05% with a yield of 14.60%. 3) There are some documentation issues that need to be addressed such as providing registration proof of the guarantor's firm, a post-shipment loan agreement, a corrected statement of accounts showing the increased asset cost.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    14 views1 page

    Audit Note OB

    Uploaded by

    arvindsrei
    This document summarizes a loan agreement for the purchase of a Volvo crawler excavator. The key details are: 1) The loan is for Rs. 3,670,000 with a margin money of 10% and insurance through SREI for a loan period of 30 months with a 30 day moratorium. 2) The AIRR is 11.50% and FIRR is 12.05% with a yield of 14.60%. 3) There are some documentation issues that need to be addressed such as providing registration proof of the guarantor's firm, a post-shipment loan agreement, a corrected statement of accounts showing the increased asset cost.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    PRE DISBURSEMENT NOTE - SME

    Agreement No: Approved By: RH Branch: Raipur Scheme, If any: Client Name : Asset Details : Standard/ Nonstandard Asset Cost Finance Amount Upfront Finance Charges (UFC) Other charges, if any-Docs charges Subvention/Credit: Facility: Loan Period (months):36mths with 30 days moratorium Margin Money : 20% Insurance BySrei AIRR: 14% FIRR: 14% Post Tax AIRR: * OPS Observations APPROVAL 1. 2. 3. 4. 5. Waiver of SBI Life. Part Margin paid vendor. Closed at LTV 90% against approved 80%. .50% Upfront taken against 1% of asset cost. Case closed at AIRR-11.50% against approved 14% however yield is coming 14.60%. Case closed with structured EMI. Asset cost increased by Rs.17340/-( From Rs 4080000/- to 4097340/-) SANCTION TERMS Date: 21-03-12 Date: 21-03-2012 Dealing Officer (M): Arvind Gupta Supplier/Vendor :SVP Mining STRUCTURE M/S Om builder

    SREI EQUIK / REQUIK

    1 No. Volvo Crawler Excavator EC140B Prime


    Standard Rs.4097340/Rs.3670000/Rs.20400/Rs.1,100/Facility: Loan Period (months): 30mths with 30 days moratorium Margin Money: 10% Insurance:By SREI AIRR: 11.50% FIRR: 12.05% Yield:14.60% OPS Comments

    Post Tax FIRR: Branch Comments 1. 2. 3. 4. 5. 6. 7. 8. Requesting same. Requesting same. Requesting same. Requesting same. Requesting same. Requesting same. Requesting same. for approval on the for approval on the for approval on the for approval on the for approval on the for approval on the for approval on the

    6. 7.

    UPFRONT
    1. Confirmation on Upfront required.

    .1. Collected and same is tagged in the system 1. Date column is not filled will be done once confirmed.

    PDC
    1. Chqs not filled.

    INSURANCE
    Insurance By srei.

    .1 Yes, amount tagged 1. 2. 3. 4. 5. 6. Requesting for two days deferral please. Requesting for two days deferral please. Will be done. Mail forwarded will be provided once our collection team will be in the office. Provided Provided

    DOCUMENTATION
    1. 2. 3. 4. 5. 6. Registration proof of guarantors firm required. PSL required. Agmt not filled. Collection comfort required. SOA, IRR required with Increased asset cost. Initial Hire in SOA mismatch with Break up provided in SOA. Please provide corrected SOA.

    Other Docs Name :MukeshJha Dealing Officer Operation

    ACTUAL TERMS

    Page 1 of 1

    You might also like