CANCASH Application

CANCASH Application

SALIENT FEATURES OF CANCASH LOAN SCHEME*

1. PURPOSE

2. ELIGIBILITY

3. QUANTUM OF LOAN

4. RATE OF INTEREST**

5. REPAYMENT

6. SECURITY

7. MARGIN

8. PROCESSING CHARGES

For Investments, to meet domestic/personal needs.

Individuals - existing customers with satisfactory dealings,
new customers well-introduced and credit worthy.

Maximum : Rs. 5.00 lakhs.

14.00% p.a. (Floating Rate).

Maximum period of 60 months. EMI also acceptable.

Pledge of Approved Shares/Debentures/PSU Bonds and Units of UTI/CBMF.
Personal Guarantee / Co-obligation***

Approved Shares / Debentures : 40% of market value.
PSU Bonds : 30% of market value.
Units of UTI / CBMF : 50% of NAV or market value, whichever is less.

0.1% of Loan Amount. Minimum : Rs. 100/-
Maximum : Rs. 250/-

* ^{Subject to change}

**^{Please
ascertain the current rate}

***^{Waiver
on selective basis}

CANARA BANK

Application Inward No. :..................... .........................................Branch

ACKNOWLEDGEMENT

Received from Mr / Ms..................................................... application dated...................................

for Rs.............. under CANCASH Loan Scheme.

Additional details/requirements to be submitted :

BRANCH MANAGER

Place : ....................................

Date : .............................................................................................................................. Branch Seal

(A Govt. of India Undertaking)

Head Office : 112, J.C. Road, Bangalore-560 002

BRANCH :

LOAN APPLICATION FOR CANCASH

Please use BLOCK letters

and tick wherever applicable

PHOTOGRAPH OF THE
APPLICANT

PHOTOGRAPH OF THE
CO-OBLIGANT / GUARANTOR

I PARTICULARS OF APPLICANT :

NAME :

FATHER’S /

HUSBAND’S NAME :

MARITAL STATUS :

SINGLE MARRIED

DATE OF BIRTH : STATUS : RESIDENT NON-RESIDENT

SEX : MALE FEMALE

EDUCATIONAL
QUALIFICATIONS : NO. OF DEPENDENTS : CHILDREN OTHERS

CATEGORY : SC ST BC MINORITY COMMUNITY OTHERS

OCCUPATION : SERVICE SELF-EMPLOYED BUSINESS PROFESSIONAL OTHERS

PRESENT ACCOMMODATION :

OWN

RENTED

EMPLOYER’S

FAMILY

AGE OF RETIREMENT : YEARS

(Salaried Persons)

INCOME DETAILS

SALARIED PERSONS

MONTHLY GROSS SALARY : Rs.

MONTHLY NET SALARY : Rs.

OTHER INCOME (specify) : Rs.

OTHER THAN SALARIED PERSONS
(for previous financial year)

ANNUAL GROSS INCOME : Rs.

ANNUAL NET INCOME : Rs.

INCOME TAX PAID, IF ANY : Rs.

PRESENTLY BANKING WITH

NAME OF THE BANK

BRANCH

SB A/C NO. C. A/C NO.

PRESENT RESIDENTIAL ADDRESS

PHONE :

NAME & ADDRESS OF EMPLOYER / BUSINESS

PHONE :

No. OF YEARS OF IN PRESENT JOB / BUSINESS :

II PARTICULARS OF CO-OBLIGANT / GUARANTOR :

NAME :

FATHER’S /

HUSBAND’S NAME :

DATE OF
BIRTH :

MARITAL STATUS :

SINGLE

MARRIED

RELATIONSHIP WITH THE APPLICANT :

EDUCATIONAL QUALIFICATIONS :

STATUS :

NO. OF DEPENDENTS :

RESIDENT

CHILDREN

NON-RESIDENT

OTHERS

PRESENT ACCOMMODATION : OWN RENTED FAMILY EMPLOYER’S

OCCUPATION : SERVICE SELF-EMPLOYED BUSINESS PROFESSIONAL OTHERS

AGE OF RETIREMENT : YEARS

(Salaried Persons)

INCOME DETAILS

SALARIED PERSONS

MONTHLY GROSS SALARY : Rs.

MONTHLY NET SALARY : Rs.

OTHER INCOME (specify) : Rs.

OTHER THAN SALARIED PERSONS
(for previous financial year)

ANNUAL GROSS INCOME : Rs.

ANNUAL NET INCOME : Rs.

INCOME TAX PAID, IF ANY : Rs.

PRESENTLY BANKING WITH

NAME OF THE BANK

BRANCH

SB A/C NO. C. A/C NO.

PRESENT RESIDENTIAL ADDRESS

PHONE :

SINCE HOW LONG AT THIS ADDRESS : YEARS

NAME & ADDRESS OF EMPLOYER / BUSINESS

PHONE :

No. OF YEARS OF IN PRESENT JOB / BUSINESS :

III LOAN FACILITIES, IF ANY

NAME OF THE BANK / NATURE OF LOAN AMOUNT PRESENT OVERDUES SECURITY FINANCIAL INSTITUTION LOAN (Rs) LIABILITY (Rs) If Any (Rs) DETAILS

APPLICANT

CO-OBLIGANT /

GUARANTOR

IV WHETHER APPLICANT / CO-OBLIGANT / GUARANTOR IS RELATED TO THE CHAIRMAN / DIRECTORS OF
OUR BANK / ANY OTHER BANK, ANY EMPLOYEES OF OUR BANK. IF YES, DETAILS OF RELATIONSHIP :

V PURPOSE OF LOAN :

DETAILS OF SECURITIES OFFERED :

NATURE OF WHETHER IN STANDING REG. FACE No. / MARKET VALUE/ TOTAL SECURITY DEMAT FORM IN THE NAME OF FOLIO NO. VALUE Quantity MATURITY VALUE

(Rs.) VALUE / NAV (Rs.) (Rs.)

IF SECURITY IS IN THE NAME OF CLOSE RELATIVES, STATE RELATIONSHIP :

NOTE : ATTACH ADDITIONAL SHEETS, IF NECESSARY

REPAYMENT PERIOD PROPOSED : MONTHS

MODE OF REPAYMENT :-

BY REGISTERING IRREVOCABLE MANDATE WITH THE SALARY
PAYING AUTHORITY / EMPLOYER TO CREDIT SALARY TO MY / OUR
SB A/C NO.................... WITH YOU

BY REGISTERING IRREVOCABLE MANDATE WITH THE SALARY PAYING AUTHORITY / EMPLOYER TO REMIT LOAN INSTALMENTS / INTEREST TO
MY / OUR LOAN ACCOUNT / SB A/C NO..................................................WITH YOU.

BY REGISTERING IRREVOCABLE MANDATE WITH YOU FOR DEDUCTION OF LOAN INSTALMENT / INTEREST FROM MY / OUR SB A/CNO ................................. WITH YOU.

ANY OTHER (Specify)..................................................................................................

VI I / WE HAVE ATTACHED THE COPIES OF THE
FOLLOWING DOCUMENTS :

PASSPORT SIZE PHOTOGRAPHS OF THE APPLICANT / S, CO-OBLIGANT AND GUARANTOR / S (TWO COPIES EACH)

LATEST SALARY CERTIFICATE SHOWING ALL DEDUCTIONS AND FORM NO.16

INCOME TAX RETURNS FOR THE PAST TWO YEARS ACKNOWLEDGED BY ITO
(FOR PROFESSIONALS AND OTHER THAN SALARIED PERSONS)

DECLARATION

I/We declare that all the particulars given in the application form are true, correct and complete and binding on me/us. Further, the above particulars shall form the basis of any loan Canara Bank may decide to sanction to me/us. The loan amount will be used for the purpose for which it is granted.

Signature of the Applicant Signature of the Co-obligant /Guarantor

Place : Place :

Date : Date :