Branch Office/PLP/MCC/HO : Chormar Khera (103000)

CHORMAR KHERA

Ref No : 103000202200088 Date : 11/07/2022

MEMORANDUM FOR SANCTIONING UNDER Fresh - PNB KISAN CREDIT CARD

Proposal No : 1030000000211

Sanctioning Authority:
Branch Manager/PLP Segment Head/PLP Head/MCC Head

For Approval:

Sanction of Cash Credit facility under Fresh - PNB KISAN CREDIT CARD Facility

Date of receipt of proposal at the Branch Office 24/05/2022

Date of submission of proposal to the PLP/MCC/HO 01/07/2022
Date of raising queries, if any
Date of receipt of complete reply to the queries
Date of sanction 11/07/2022

1. BORROWERS PROFILE :

a) Branch Office Chormar Khera,CHORMAR KHERA,,,HARYANA-125077

b) Name of the Borrower MR. MASSA SINGH S/O JEETA SINGH
c) Fathers/Husband Name Sh. JEETA SINGH
d) Occupation Agriculture and allied activities
e) Category
f) Date of Birth of the 01/01/1950 72 Years
Borrower/Age
g) Social category OTHERS/GENERAL
h) Community MCSIK
i) Constitution INDIVIDUAL
j) Address(Residential) VILL.-CHORMAR
KHERA,CHORM,HR,125077,9896163239
k) Dealing with our Bank since

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l) Net Worth of the Borrower (in 2095050.00
Rs.)
m) Credit Rating/Scoring
n) Credit Information Report(CIR) o) Credit
CIR Score 1 Informa
CIR Score 2 t i o n
Report(
CIR)
/observ
ations

CO-APPLICANT -1

a) Branch Office Chormar Khera,CHORMAR KHERA,,,HARYANA-125077

b) Name of the Borrower MR. LAKHVEER SINGH
c) Fathers/Husband Name Sh. MASSA SINGH
d) Occupation Agriculture and allied activities
e) Category 999
f) Date of Birth of the 01/01/1985 37 Years
Borrower/age
g) Social category 999
h) Community MCSIK
i) Constitution INDIVIDUAL
j) Address(Residential) VILL.-CHORMAR KHERA,SIRSA,HR,125077,9896163239
k) Dealing with our Bank since
l) Net Worth of the Borrower (in 0.00
Rs.)
m) Credit Rating/Scoring
n) Credit Information Report(CIR)
CIR Score 1
CIR Score 2
o) Credit Information Report(CIR)
/observations

2. DETAILS OF FACILITY REQUESTED

Nature of Facility Limit(Amt. in Rs) Applicable ROI %
Fresh - PNB KISAN CREDIT 220000 MCLR (1 Year) + 1.25 %
CARD (Spread) i.e. 8.65 % P.a.
3. Primary Security: Hypothecation of Crops
4. Collateral Security Offered:

Name of Location Area DLC Rate (in Value of Value of Land

owner Rs.) Agricultural as approved
land (in Rs.) by Valuer or
Market Rate

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MASSA Village:CHOR 1.81(Acre) 1155000.00 2090550.00 2353000.00
SINGH S/O MAR KHERA per Acre
JEETA SINGH
(Applicant) Taluk/Tehsil/M
andal:KALAN
WALI
District:SIRSA

5. CREDIT FACILITIES SANCTIONED BY OUR / OTHER BANKS, IF ANY:(Amt. in Rs.)

Name of the Nature of Sanctioned Present O/S Asset Name of the

Borrower Credit Facility Amount Classification Bank

6. PRESENT PROPOSAL IN BRIEF

The present proposal is for sanctioning of a Fresh - PNB KISAN CREDIT CARD of Rs.220000.00 in
favour of MR. MASSA SINGH S/O JEETA SINGH&MR. LAKHVEER SINGH for RAISING OF
MULTIPLE CROPS.

KCC LIMIT OF RS.220000/-ONLY

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7. ASSESSMENT
PNB 1234

A. Assessment of Limit under Fresh - PNB KISAN CREDIT CARD (Interview-cum-

Assessment)

CROP LOAN COMPONENT

Crop Proposed to be Month of Area under Scale of Loan
Grown cultivation finance (per Amount/Cas
Sowing Harvesting (Acre) acre) h Credit
(A) (B) Limit(Rs.)
1. Kharif Crops
COTTON JUNE OCTOBER 1.81 34650 62716.50
Subtotal-1 62716.50
2. Rabi Crops
WHEAT NOVEMBER MARCH 1.81 27300 49413.00
Subtotal-2 49413.00
3. Summer/Zaid Crops
Subtotal-3 0.00
4. Annual Horticulture/Annual Commercial/ Fodder Crops
FODDER APRIL JUNE 0.02 16500 330.00
Subtotal-4 330.00
5. Total (Sub Total 1+2+3+4) -(A) Rs. 112459.50
OTHER CROP LOAN COMPONENTS Amount(Rs.)
6. Towards Post-Harvest,Household Expenses,Consumption 10% 11245.95
of (A) 5
7. Towards Repairs and Maintenanace of Farm assets 20% of (A) 22491.90
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8. Towards Premium for Corp Insurance
Kharif Subtotal-1X Premium Rate(%) 3135.82
Rabi Subtotal-2X Premium Rate(%) 741.20
Summer Subtotal-3X Premium Rate(%) 0.00
Annual Subtotal-4X Premium Rate(%) 0.00
9. Towards Premium for PMSBY 12.0
10. Sub Total(B) -6+7+8+9 37626.87
11. Grant Total (A+B) -First Year Limit(C) 150000.00
12. C+10% of C - Second Year Limit(D) 165000.00
13. D+10% of D - Third Year Limit(E) 182000.00
14. E+10% of E - Fourth Year Limit(F) 200000.00
15. F+10% of F - Firth Year Limit 220000.00
16. Maximum Permissible Limit/Kisan Credit Card Limit(15) 220000.00

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17. Over all Limit for Documentation 220000
18. Total expected annual income from all sources 183003

Limit Recommendations

Year Limit Recommendations/Drawing Power(Rs.)

1st year 150000
2nd year 165000
3rd year 182000
4th year 200000
5th year 220000

Note:
The Drawing Power will be worked on the basis of the latest valuation of Stocks,Receivables and/or
Cash Flows as per terms of Sanction.

Crop Insurance Information

Name of Crop Area of Cultivation(Acre) Sum Insured (Rs.)

Kharif
COTTON 1.81 62716.50
Rabi
WHEAT 1.81 49413.00
Summer
Annual Horticulture/Annual Commercial/Fodder Crops
FODDER 0.02 330.00

(Sign/Thumb Impression)
MR. MASSA SINGH S/O JEETA SINGH

(Sign/Thumb Impression)
MR. LAKHVEER SINGH

B. Qualitative Assessment

Whether the applicant(s) possess the land as shown in the application and YES
whether the crops proposed to be taken, suits the land?

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Whether soil and climate are suitable for the proposed crops? YES
Whether the cropping pattern suggested is generally followed in the area? YES
Has the farmer adequate experience in the cultivation of crops suggested? YES
Whether technically advice is easily available locally? YES
Whether there is any assured arrangement for procurement of inputs including YES
organic manure?
Whether the loan amount requested is in accordance with the scale of finance YES
suggested by the technical committee for the area?
Whether adequate irrigation facilities for the proposed crop plan are available? YES
Whether sale of farm produce is under arrangement? NO
Whether crops/other stocks are covered under insurance? YES
Whether the drawing power has been worked on the basis of the latest valuation YES
of stocks, receivables and/or cash flows as per terms of sanction?
Remarks PMFBY

C. CHECK LIST:

Whether the applicant(s) has satisfactory dealing with our Branch? YES
Whether the applicant PNB[1235] and Annexure [1234] or the Renewal YES
application form (PNB 775 (R)) dualy completed?.
Whether copies of land records or extracts from prescribed documents indicates YES
cultivation rights etc..., have been submitted by the Borrower to the Branch?
Whether land records have been verified witht website of revenue department YES
(whether available) or physical checking of revenue records has been done ?
Whether independent spot visit and local enquiry has been done? YES
Whether spot visit / local enquiry has been recorded in an document? YES
Whether scale of finance have been checked? YES
Whether no due certificate no default certificate /NO default certificate or NA
affidavit in lieu thereof has been submitted
Whether the margin money ,if required has been arranged by the borrower? NA
Whether the security offered by the borrower is in conformity with the guidelines YES
contained in to respective agriculture credit scheme ?
Whether the proposed guarantee is suitable? NA
Whether for loan exceeding Rs.160000/- where land is to mortgaged/charged to YES
be secure the loan /non-encumbrance certificate from tehsildar office and
approved counsil received ?
Whether the farmer is eligibble as per the Rule Based Leading Model/farm NA
Score Model?

Recommendation of the appraising officer:-

The relevant land record/documents have been obtained and verified and found correct.
The farm was visited by 5202797 & Deputy Manager on Date 06/07/2022
The following persons were contacted:

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1.Shri SUKHRAM S/o Shri NAND RAM, Address: VILL.-CHORMAR KHERA

2.Shri GURTEJ SINGH S/o Shri MAHENDER SINGH, Address: VILL.-CHORMAR KHERA

8. ANY CONCESSION/ DEVIATION BY WAY OF INTEREST/ PROCESS FEE/OTHERS:

Particulars Norms as per the Scheme Deviations / Concessions Sought

--NIL--

9. Recommendation:

It is recommended to a sanction of Cash Credit limit for Rs 220000.000 in favour of the MR. MASSA
SINGH S/O JEETA SINGH & MR. LAKHVEER SINGH under Fresh - PNB KISAN CREDIT CARD on
attached terms & conditions

Deviations/Concession (if any)

Particulars Norms as per the Scheme Deviations / Concessions Sought

-NIL-

10. Terms & Conditions:

Particulars Terms & Conditions

Nature of Facility Cash Credit - Fresh - PNB KISAN CREDIT CARD (Fresh)
Classification Priority sector as per RBI guidelines
Limit/Drawing Power Rs.150000.00(Rs.One Lakhs Fifty Thousand only) for 1st year
Rs.165000.00(Rs.One Lakhs Sixty Five Thousand only) for 2nd year
Rs.182000.00(Rs.One Lakhs Eighty Two Thousand only) for 3rd year
Rs.200000.00(Rs.Two Lakhs only) for 4th year
Rs.220000.00(Rs.Two Lakhs Twenty Thousand only) for 5th year
Purpose RAISING OF MULTIPLE CROPS
Personal Guarantee of NIL
Margin 0 (%)
Rate of interest MCLR (1 Year) + 1.25 % i.e. 8.65 % Per Annum
(Presently MCLR (1 year) is 7.4 %). In the Regular Crop Loan/KCC
accounts on running balance outstanding upto Rs. 3 lakh interst is 7%
Per Annum as per Govt of India Scheme.
Intimation of change in The borrower shall be deemed to have notice of changes in the rate
Interest Rate of interest whenever there are changes in MCLR/Bench Mark Rate
either increase or decrease in the interest. By display of MCLR/Bench
Mark Rate on the Website of the Bank or published in newspaper or
made through entries of the interest rate charged in the passbook,
statement of account furnished to the Borrower and the Borrower is
liable to pay such revised rate of interest.
Penal Interest 2 % over & above the applicable rate shall be charged for the irregular
amount and for the period of irregularity.

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Security Primary: Hypothecation of Crops -AGRI CROPS

Collateral: Registered Mortgage -R.M. OF AGRI LAND 14K-10M

Service Charges Processing Charge - Rs.0.00 + Taxes

Document Charges - Rs.0.00 + Taxes

Validity/Renewal The limit is valid for a period of 5 years, subject to an annual review &
satisfactory operation in your account and fulfillment of all other terms
and conditions.

The review may result in continuation of facility, enhancement of

facility, enhancement of limit or cancellation of limit/ withdrawal of
facility depending upon increase in cropping area/ pattern and
performance of borrower.
Branch specific conditions 1. NOTE-TOTAL OUTSTANDING AMOUNT INCLUDING INTEREST

MUST BE PAID ONCE IN A YEAR.

Pre- Disbursement NOTE-

Conditions - MUTATION DULY ENTERED INTO REVENUE RECORD MUST BE
VERIFIED BY BRANCH OFFICIAL BEFORE DISBURSEMENT OF
LOAN AMOUNT.
- PDC MUST BE OBTAINED FROM BRANCH INCUMBENT
BEFORE DISBURSEMENT OF LOAN.
- ALL CHARGES MUST BE RECOVERED BEFORE
DISBURSEMENT OF LOAN AMOUNT.

Post - Disbursement NOTE-IF A/C RUNNING REGULAR IT WILL BE ENHANCED 10

Conditions PERCENT EVERY YEAR UPTO MAXIMUM PERMISSIBLE LIMIT.

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Other Terms & conditions 1. In terms of Department of Agriculture, Cooperation and Farmers
Welfare, Ministry of Agriculture & Farmers welfare, GoI, The Central
Sector Crop Insurance Scheme (PMFBY and RWBCIS) has been
made Voluntary for all the farmers, including the loanee farmers.
Declaration for both Opting In and for Opting Out will have to be
submitted by the farmers in the same bank branches where they have
their KCC account.

2. The loanee farmer who has opted out from the Schemes will not be
considered by branches for coverage under crop insurance for all his
crops and areas and till the time farmer submits an application for
Opting in, irrespective of number of seasons or years.

3. The Borrower (s) shall deal with our Bank exclusively and all
transactions relating to Agri & personal shall be routed through the
Bank.

4. An undertaking shall be obtained from the owner of the properties

mortgaged to the Bank that there is no case related to mortgaged
properties pending in any court.

5. PNB RuPay Kisan Card will be issued in all eligible KCC accounts

6. The Term Loan is disbursable in installments or in lump sum at

request of the Borrower but at the sole discretion of the Bank and is
repayable in 5 equal yearly installments by way of reduction in the
Limit by the amount of such yearly installment at the end of each year
so that at the end of 5 year term the loan is fully repaid. The amount
once drawn and repaid may be re-drawn within such limit on the yearly
reducing basis. The interest, charges, etc, as applicable, are payable
as and when due.

7. The Term Loan is disbursable in installments or in lump sum at

request of the Borrower but at the sole discretion of the Bank and is
repayable in 5 equal yearly installments by way of reduction in the
Limit by the amount of such yearly installment at the end of each year
so that at the end of 5 year term the loan is fully repaid. The amount
once drawn and repaid may be re-drawn within such limit on the yearly
reducing basis. The interest, charges, etc, as applicable, are payable
as and when due

8. The Sanction shall be valid for a period of 6 months from the date of

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issuance of Sanction Letter.

9. Undertaking to abide by the Terms and Conditions stipulated and/or

may be stipulated from time to time for issuance of PNB KCC.

10. The Bank will be free to verify the information submitted in your
loan application form from any source about your land holding,
borrowing or any other aspect considered necessary by the Bank.

11. In terms of the Reserve Bank of India Guidelines, AADHAR

Linkage is Mandatory for availing Interest Subvention for KCC/ Short-
Term Crop Loans/Animal Husbandry & Fisheries under Interest
Subvention Scheme.

12. Disbursement of the credit facilities shall be made only after

clearance of Pre Disbursal Audit (PDA).

13. The arrangement may be cancelled immediately on written notice

to that effect given by the Bank to you without prejudice to any liability
under the arrangement.

14. This arrangement would automatically get terminated if you fail to

repay on due date(s).

15. All the guidelines pertaining to KYC issued by the Bank from time
to time to be adhered to.

16. The Rate of Interest is subject to change from time to time.

17. The limit is valid for a period of 5 years, subject to an annual

review. In KCC accounts, there is an in-built provision for 10 limit
enhancement on annual basis.

18. All other Terms and Conditions of PNB KCC scheme as circulated
vide PSFID/Priority Sector/ Non- Codified/ Circular No. 51/ 2018 and
amendment thereafter shall be meticulously complied with.

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Signature
Assessment Officer
Name:_____________________
PF No._____________________
Designation:__________________
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Signature
Sanctioning Authority:
Name:_____________________
PF No._____________________
Designation:__________________