Personal Banking
Commercial Banking
Corporate Banking
Trader's Special
NRI Banking
International Business
Interest Rates
Download Forms
Fair Practices Code
e-Filing IT Returns 2003
History
Management
Chairman's Speech
Our Vision
Financials
Branch Network
Enquiries / Feedback
Contact Us
new@BOBL
In the Media
BOBL@Bangkok
ANNEXURE
(To be attached to the Loan Application Forms to be given to the borrowers)

Processing FEE for Advance Proposals (Funded Limits):
Back
Funded Limits Processing FEE
  Upto Rs.10,000   Nil
  Rs.10,001/- to Rs.50,000/-   Rs.100/-
  Rs.50,001/- to Rs.1,00,000/-   Rs.200/-
  Rs.1,00,001/- to Rs.2,00,000/-   Rs.400/-
  Rs.2,00,001/- to Rs.5,00,000/-   Rs.1,000/-
  Rs.5,00,000/- to Rs.10,00,000/-   0.25% of Limit
  Rs.10,00,001/- to Rs.25,00,000/-   0.40% of Limit
  More than Rs.25,00,000/-   0.50% of Limit
  For Proposals declined by Head Office   25% of above charges plus out of pocket expenses
  like telephone, telex, fax, xerox, etc.
  For Non funded limits and Agricultural advances   50% of the above tariff
  For Fresh Proposals   50% of the tariff in advance as Fixed Deposit under
  Lien to us.
  PENAL INTEREST   2% over the normal interest rate
TIME LIMIT FOR SANCTION OF EXPORT CREDIT
a) Fresh / Enhanced limits - 45 days
b) Renewal of limits            - 30 days
c) Adhoc Sanction - 15 days
TIME LIMIT FOR SSI CREDIT
a) Loan applications for amounts up to Rs.25,000/- - 15 days
b) Loan applications for amounts above Rs.25,000/- - 8 to 9 weeks

TIME LIMIT FOR OTHER CREDIT - 8 to 9 Weeks

(The above time limit is to be reckoned after submission by the Borrower of complete and relevant data for processing the applications).
Back
Bharat Overseas Bank Ltd | Home List


Bank Website Template. All content on this website is © Copyright 2000-2010 - All Rights Reserved
Website template powered by VooWeb.com Bank Website Template
The content on this site may not be reused or republished. Bank Website Template