6 Loan Calculator

APPLICANT PERSONAL INFORMATION

Name of Applicant

Applicant's Age (Years)

Name of Co Applicant - 1Name of Co Applicant - 2 ( if any ) Name of Co Applicant - 3 ( if any ) Name of Co Applicant - 4 ( if any )

Applicant Type

Name of Business Entity

% Share of Applicant in Business Entity

IT IS COMPULSORY TO FILL THE SHARE OF APPLICANT IN BUSINESS

Normal Case / Presumptive Income Case

PLEASE FILL BELOW

APPLICANT LOAN DETAIL (FILL IN ONLY FOR NORMAL CASES)

Loan Applied for

Tenor of Loan

Maximum Tenor Allowable based on Applicant's a

Rate of Interest applicable

EMI factor for relevant Rate of Interest & Tenor

CURRENT EMI RUNNING OF APPLICANT

Commercial LoanEquipment LoanHousing LoanVehicle LoanPersonal LoanOther Loan

TOTAL EMI ( A )

CURRENT EMI RUNNING OF CO APPLICANT


TOTAL EMI ( B )

CURRENT EMI RUNNING OF CO APPLICANT -


TOTAL EMI ( C )

CURRENT EMI RUNNING OF CO APPLICANT -


TOTAL EMI ( D )

CURRENT EMI RUNNING OF CO APPLICANT


TOTAL EMI ( E )

TOTAL EMI ( A + B + C + D + E )

APPLICANT PERFORMANCE ON THE BASIS OF OTHER INFORMATION

CIBIL REPORT DEFAULT RELATED INFORMATIONFor ApplicantOutstanding amount of Loans under these categoriesSuit Filed / Wilful Default / Written Off Sub Standard (SUB)Doubtful (DBT)Loss (LSS)

Loans outstanding as per Applicant's dataLoans outstanding as per CIBIL reportIf CIBIL report is higher, then variation amount

For Co- Applicant 1Outstanding amount of Loans under these categoriesSuit Filed / Wilful Default / Written Off Sub Standard (SUB)Doubtful (DBT)Loss (LSS)


For Co- Applicant 2 ( if any )Outstanding amount of Loans under these categoriesSuit Filed / Wilful Default / Written Off Sub Standard (SUB)Doubtful (DBT)Loss (LSS)






Has Applicant or Co Applicant ever stood as guar

Amount of Guarantee

Residence Verification Report

Business Verification Report

Tele Verification Report

Personal Discussion Report

Income Tax Verification Report

Bank Verification Report

INFORMATION ABOUT MINOR To be filled only when income of minor is considered

Name of Minor

Minor's Age (Years)

Balance Minority left (Years)

Balance Minority to tenor of loan

INFORMATION ABOUT APPLICANT'S CONCERN

Business Vintage

Constitution of the Entity

No of Years Applicant is associated with Concern

COLLATERAL SECURITY

Type of collateral offered

Value of collateral offered

Additional Collateral Security given



DETAILS OF BANKING TRANSACTIONS

APPLICANT

Average Bank Balance for Last Six Months

No of Cheques Bounces during last Six months

No of Times Minimum Bank Balance reflected in last Six Months

Average No Transactions Per Month

CO-APPLICANT 1





CO-APPLICANT 2 ( if any )
















Normal Case

APPLICANT LOAN DETAIL (FILL IN ONLY FOR NORMAL CASES)

Rs. ( Thousands )

No. of Years

No of Years

0

Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )

Rs. ( Thousands )

0


Rs. ( Thousands )

0


Rs. ( Thousands )

0


Rs. ( Thousands )

0


Rs. ( Thousands )


CIBIL REPORT DEFAULT RELATED INFORMATION0

Outstanding amount of Loans under these categoriesRs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )

Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )

0Outstanding amount of Loans under these categories

Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )Rs. ( Thousands )











Yes / No

Rs. ( Thousands )

Positive / Negative

Positive / Negative

Positive / Negative

Positive / Negative

Correct / Incorrect

Correct / Incorrect

To be filled only when income of minor is considered

%


No of years

Type

No of years

Rs. ( Thousands )

Rs. ( Thousands )

Current Account

-

-

Current Account

Current Account

Current Account

Current Account


70

##################

-

##################

-

##################

-

##################

-

##################

-

-

-

0

0

0

0

18.00

26%

Savings Account

Savings Account

Savings Account

Savings Account

Savings Account

If the case falls under Presumptive Eligibility, please do not fill up P&L and Balance Sheet worksheets

PART A - ILLUSTRATIVE PROFIT & LOSS ACCOUNTRs. ( Thousands )

1st Year

Gross Sales & Other Regular Receipts

Sales / Gross Receipts

A Sales Turnover -

Sales Turnover Growth 0%

B Gross Income to be considered for - Profitability ratios

Other Receipts reflected in P & L accountnot considered as Business Income

Interest on IT RefundAgriculture IncomeProfit on sale of Shares ( Capital Gain )House Property Rental IncomeDividendSalary

Expenses

Cost of goods produced

Raw Material, WIP & Finished GoodsOpening StockAdd : PurchasesLess : Closing Stock

Raw Material Consumed, WIP & Finished Goods -

Do not enter this dataNot considered for eligibilityClick Here

C Consumption -

Trading Expenses

Carriage Inward, Freight Inward, Transport Expenses

D Total Trading Expenses -

E Cost of Production ( C + D ) -

F Gross Profit ( B - E ) -

Administrative Expenses

Accounting Charges

Bad debts -

G Total Administrative Expenses -

Selling & Marketing Expenses

Bonus to Salesman

H Total Selling and Marketing Expenses -

I Total Operating Cost excluding Interest - and Depreciation ( G + H )

J Net Profit Before Interest, Depreciation, Taxes ( F -

Interest & Finance Charges

Interest on Bank Funding

K Total Interest & Finance Charges -

L Profit after Interest but - Before Depreciation, Taxes ( J - K )

M Depreciation -

Share of Depreciation to be added back as per policy

Max Depreciation add back limited to x% of Average Profit

Average Monthly Depreciation

N Net Profit Before tax ( L - M ) -

Taxes Debited to P& L account

Current Tax

O Total Taxes -

P Net Profit After Taxes ( N - O ) -

Average Monthly Net Profit After Taxes ( P / 12 )

PART B - P&L RATIOS

1st Year

I Operating margin ratio ( J / B )% N.A.

II Net profit before tax to Turnover ratio ( N / B )% N.A.

III Net profit after tax to Turnover ratio ( P / B )% N.A.

IV Interest coverage ratio ( J / K ) 1000

V Debtors collection period(Average Debtors/Turnover*365)

VI Inventory to turnover ratio

VII Turnover to current assets ratio

Average Debtors

Current Assets


Rs. ( Thousands ) Average of

2nd year 3rd Year 3 years

- - -

N.A. N.A.

- - -

- -

Do not enter this dataNot considered for eligibilityClick Here

- -

- -

- -

- - -

- -

- -

- -

- - -

- - -

- - -

- - -

-

75%

50%

-

- - -

- - -

- - -

-

Average of 2nd year 3rd Year 3 years

N.A. N.A. N.A.

N.A. N.A. N.A.

N.A. N.A. N.A.

1000 1000 1,000

0

-

-

-

-

Note :-

RECONCILIATION BETWEEN PUBLISHED P&L ACCOUNT & EXCEL P&L ACCOUNT

Profit as per P&L account

Add : Income reported in published P&L account but not considered in Excel P&L

Rental IncomeSalaryDividendInterest Receipts from BankInterest on BondsInterest on PPFInterest on FDROther Interest ReceiptInterest on IT RefundInterest on NSCAgriculture IncomeSale of FlatSale of SharesProfit on sale of Flat ( Capital Gain )Profit on sale of Shares ( Capital Gain )Profit on sale of Mutual Fund

Total

Add : Expenses considered in Excel P&L account but not in published P&L account

Less : Income reported in Excel P&L account but not considered in published P&L account

Less : Expenses considered in published P&L account but not in Excel P&L account

Profit as per Recon (calculated from above)

Profit as per P&L Account provided by Applicant

Difference

Please make sure that Recon matches in all 3 years. If it does not match, there is some mistake which needs to be addressed

RECONCILIATION BETWEEN PUBLISHED P&L ACCOUNT & EXCEL P&L ACCOUNT

Rs. ( Thousands )

1st Year 2nd year 3rd Year

- - -

Add : Income reported in published P&L account but not considered in Excel P&L

- - -

Add : Expenses considered in Excel P&L account but not in published P&L account

Less : Income reported in Excel P&L account but not considered in published P&L account

Less : Expenses considered in published P&L account but not in Excel P&L account

- - -

- - -

- - -

#DIV/0! #DIV/0! #DIV/0!

Please make sure that Recon matches in all 3 years. If it does not match, there is some mistake which needs to be addressed


PART A - ILLUSTRATIVE BALANCE SHEET Rs ( Thousands )

LIABILITIES 1st Year 2nd year

Net Worth

Share Capital

A Total Capital - -

Partners Current Account

Applicant

B Total Current Account - -

Reserves & Surplus

Revaluation Reserve

C Total of Reserves & Surplus - -

D Total Net Worth ( A + B + C ) - -

Term LoansSecured Loans

Loan against Fixed DepositLoan Secured by StockCar Loan

E Total Secured Loans - -

Unsecured Loans

Personal Loan

F Total Unsecured Loans - -

G Total Loans ( E + F ) - -

Current Liabilities & Provisions

Short Term Borrowings

From BanksFrom Others

H Total Short Term Borrowings - -

Current Liabilities & Provisions

Interest Accrued on aboveSundry Creditors - ExpensesSundry Creditors - TradeCurrent Account OverdraftLiability for Leased AssetsInterest accrued but not due on loansSundry Creditors - ExpensesCurrent LiabilitiesLiability for Leased Assets

I Total Sundry Creditors, Provision for T - - & Other Liabilities

J Total Current Liabilities ( H + I ) - -

K Total Outside Liabilities ( G + J ) - -

L Deferred Tax Liability

M TOTAL LIABILITIES ( D + K + L ) - -

ASSETS

Fixed AssetsGross BlockLess : Depreciation

N Net Block - -

O Capital Work - in - Progress - -

InvestmentsLong Term InvestmentsGovernment and other Securities - UnquotedGovernment and other Securities - Quoted

Short Term InvestmentsInvestments in Preference Shares

P Total Investments - -

Current Assets

Cash Balance

Bank A/c -1Bank A/c -2Bank A/c -3

Sundry Debtors - -

Bills Receivable

Fixed Deposits with Banks

Closing StockStock-in-process

Q Total Current Assets - -

Loans & Advances

Advances recoverable in cash or in kind or for value to be receivedDeposits, loans and advances to corporates and others

R Total Loans and Advances - -

S Total Current Assets & Loans & Advanc - - ( Q + R )

Other AssetsProfit/Loss A/c (Dr balance) - Miscellaneous / Preliminary Expenditure

T Total Other Assets - -

U TOTAL ASSETS ( N + O + P + S + U ) - -

#DIV/0! #DIV/0!

PART B - BALANCE SHEET RATIOS

1st Year 2nd year

I Net Working Capital ( S - J ) - -

II Current Ratio ( S / J ) 1,000.00 1,000.00

III Total Outside Liabilities / Total Net Worth N.A. N.A. ( K / D )

IV Liquidity Ratio { ( S - Closing Stock ) / J } 1,000.00 1,000.00

V Total Debt to Net Cash Accruals N.A. N.A. ( G / [ Q { P&L } + Depreciation ] )

VI Return on Capital Employed N.A. N.A.( K { P&L } / { N + U } )

VII Bad Debt To Debtors 0% 0%

Cash in excess of 5% on Sales Average Cash 5% of sales

Difference % Differece with sales


PART A - ILLUSTRATIVE BALANCE SHEET Rs ( Thousands )

3rd Year Average

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

-

- -

-

-

- -

- -

- -

-

- -

#DIV/0!

3rd Year Average of 3 years

- -

1,000.00 1,000

N.A. N.A.

1,000.00 1,000

N.A. N.A.

N.A. N.A.

0% 0%

Average Cash - 5% of sales -

Difference - % Differece with sales 0.00%

0.00%

PART A - PRESUMPTIVE ELIGIBILITY

A

B

PART B - APPLICANT'S SECONDARY BUSINESS / PROFESSIONAL INCOME AND INCOME OTHER THAN BUSINESS INCOME

C

D

E

F

G

H

I

1

2

3

4

5

6

7

8

1

2

3

4

5

6

7

8

1

2

3

4

5

6

7

8

1

2

3

4

5

6

7

8

Please fill up this worksheet only if the case falls under Presumptive Eligibility criteria

APPLICANT LOAN DETAIL

Loan Applied for

Tenor of Loan

Maximum Tenor Allowable

Rate of Interest applicable

EMI factor for relevant Rate of Interest & Tenor

CURRENT EMI RUNNING OF APPLICANT

Commercial LoanEquipment LoanHousing LoanOther LoanPersonal LoanVehicle Loan

TOTAL EMI ( A )

CURRENT EMI RUNNING OF CO APPLICANT - 1


TOTAL EMI ( B )

CURRENT EMI RUNNING OF CO APPLICANT - 2 ( if any )


TOTAL EMI ( C )

CURRENT EMI RUNNING OF CO APPLICANT - 3 ( if any )


TOTAL EMI ( D )

CURRENT EMI RUNNING OF CO APPLICANT - 4( if any )


TOTAL EMI ( E )

TOTAL EMI ( A + B + C + D + E )


CIBIL REPORT DEFAULT RELATED INFORMATIONFor ApplicantOutstanding amount of Loans under these categoriesSuit Filed / Wilful Default / Written Off Sub Standard (SUB)Doubtful (DBT)Loss (LSS)


For Co- Applicant 1Outstanding amount of Loans under these categoriesSuit Filed / Wilful Default / Written Off Sub Standard (SUB)Doubtful (DBT)Loss (LSS)



Loans outstanding as per Applicant's dataLoans outstanding as per CIBIL report

If CIBIL report is higher, then variation amount





Has Applicant or Co Applicant ever stood as guarantor

Amount of Guarantee

Residence Verification Report

Business Verification Report

Tele Verification Report

Personal Discussion Report

Income Tax Verification Report

Bank Verification Report

INFORMATION ABOUT MINOR To be filled only when income of minor is considered

Name of Minor

Minor's Age (Years)

Balance Minority left (Years)

Balance Minority to tenor of loan


Business Vintage

Constitution of the Entity

No of Years Applicant is associated with Concern

COLLATERAL SECURITY



Additional Collateral Security given



DETAILS OF BANKING TRANSACTIONS

APPLICANT





CO-APPLICANT 1




















PART A - PRESUMPTIVE ELIGIBILITY

Sales

Sales Growth

Go ahead / Do not Go ahead

Sales as per Bank Statement (To be filled for the latest financial year)

Sales reflected in Bank Statement during FY ( At least 80% of Actual Sales)


TDS Claim in ITR's

TDS Rate

Sales as per TDS (To be filled for the latest financial year)

Minimum Sales Through TDS ( At least 80% of Actual Sales)


Sales

Profit Margin ( Flat % )

large/Medium Businessman ( 5% )

Average Net Profit

Average Monthly Net Profit


Income From Salary

Net Salary Pension

Total

Net Income From House property

Rental Income ( Ist Property ) Rental Income ( IInd Property ) Rental Income ( IIIrd Property ) Rental Income ( IVth Property )

Total

Income From Other Secondary Business / Profession

Net Profit

Net Income From Other Sources from Computation of Income

Interest on FDR's Interest on Bonds Interest on Saving Account Interest on PPF Interest form Others Interest on NSC Interest from Applicant Business Commission Income Dividend

Total

Agriculture Income

Agriculture Income to be considered to the extent of Average profit

Sub Total of above Part B Incomes ( Q + R + S + T + U )

APPLICANT ADDITIONAL INCOME BASED ON ADDITIONAL INFORMATION

Interest Paid to Relatives

Income of Minor as clubbed in Income Tax Return

Minor income to be considered

Income From H.U.F.

Rental Income other than those disclosed in ITR

Rent on the basis of Lease Agreement

Proposed Rent

Notional Rent Rate

Square Feet

PART C - CO-APPLICANT - 1 INCOME FROM COMPUTATION OF INCOME

Income From Salary

Salary Pension

Total

Income From House property

Rent Received ( Ist Property ) Rent Received ( IInd Property ) Rent Received ( IIIrd Property ) Rent Received ( IVth Property )

Total

Income From Business / Profession

Net Profit

Income From Other Sources

Commission Income Dividend Interest form Others Interest on Bonds Interest on FDR's Interest on NSC Interest on PPF Interest on Saving Account

Total

Agriculture Income

Share of Profit from Partnership

Total Income before Tax ( 1 + 2 + 3 + 4 + 5 +6 )

Total Tax Liability

Total Income After Tax ( 8 - 7 )

PART C - CO-APPLICANT - 2 ( if any ) INCOME FROM COMPUTATION OF INCOME

Income From Salary

Salary Pension

Total



Total


Net Profit



Total

Agriculture Income



Total Tax Liability



Income From Salary

Salary Pension

Total



Total


Net Profit



Total

Agriculture Income



Total Tax Liability



Income From Salary

Salary Pension

Total



Total


Net Profit



Total

Agriculture Income



Total Tax Liability


Please fill up this worksheet only if the case falls under Presumptive Eligibility criteria

Rs. ( Thousands ) -

No. of Years

No of Years -

0


Rs. ( Thousands ) -

0

Rs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) No

Rs. ( Thousands ) -

0

Rs. ( Thousands ) NoRs. ( Thousands ) YesRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) No

Rs. ( Thousands ) -

0

Rs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) Yes

Rs. ( Thousands ) -

0

Rs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) NoRs. ( Thousands ) YesRs. ( Thousands ) NoRs. ( Thousands ) No

Rs. ( Thousands ) -

-

0

Rs. ( Thousands ) - Rs. ( Thousands ) - Rs. ( Thousands ) - Rs. ( Thousands ) -

Rs. ( Thousands ) - Rs. ( Thousands ) - Rs. ( Thousands ) 0

0



0


Rs. ( Thousands ) - Rs. ( Thousands ) -

Rs. ( Thousands ) 0

0



0



Yes / No No

Rs. ( Thousands ) -

Positive / Negative Positive




Correct / Incorrect Correct

Correct / Incorrect Correct

<NAME>

-

18.00

% #DIV/0!

No of years

Type 5

No of years

Residential real estate

Rs. ( Thousands ) -

Surrender Value of Policy

Rs. ( Thousands )

Current Account Savings Account

- -

- -

- -


- -

- -

- -


- -

- -

- -


- -

- -

- -


- -

- -

- -

PART A - PRESUMPTIVE ELIGIBILITY Units 1st Year 2nd Year

Rs. ( Thousands ) - -

% 0% #DIV/0!

#DIV/0!

Rs. ( Thousands )

Rs. ( Thousands )

Go ahead

Rs. ( Thousands )

%

Rs. ( Thousands )

Rs. ( Thousands )

#DIV/0!





- - -

- - -

- - -

- - -

- - -

APPLICANT ADDITIONAL INCOME BASED ON ADDITIONAL INFORMATION

-

-

Metro Cities 7.00 - -


- - -

- - -

- - -

- - -

- - -

- - -

- - -



- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -



- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -



- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

- - -

Share of Applicant in Business Entity 0%

Applicant Type 0

Loan Applied for -

AS SHARE IS < 25%, PARTS I TO IV OF THIS TEMPLATE ARE NOT APPLICABLE

I APPLICANT PROFITABILITY PERFORMANCE ( A )Units Value

1 Latest years details

Sales Turnover Rs. ( Thousands ) N.A. Sales Turnover Growth % over last year N.A.Operating Margin (PBDIT/TO) % N.A.Interest Coverage Ratio N.A. PBT / Turnover % N.A.PAT / Turnover % N.A.Debtors Collection period Days N.A. Inventory to turnover ratio Ratio N.A. Turnover to Average current assets ratio Ratio N.A.

2 On the basis of Last 3 years Average data

Average Sales Turnover Rs. ( Thousands ) N.A. Average Operating Margin (PBDIT/TO) % N.A.Average Interest Coverage Ratio N.A. Average PBT / Turnover % N.A.Average PAT / Average Turnover % N.A.

Multiplier Total

Business Income Eligible / Not Eligible Business Income Not Eligib

II APPLICANT PERFORMANCE ON THE BASIS OF BALANCE SHEET ( B )

Latest years Details

Total debt to net cash accruals Ratio N.A.

Tangible Net worth Rs. ( Thousands ) N.A. TOL/TNW ( Capital ) Ratio N.A. Current Ratio Ratio N.A. Liquidity Ratio Ratio N.A. Return on Capital Employed Ratio N.A.

On the basis of Last 3 years Average data

Average Total debt to net cash accruals Ratio N.A. Average Tangible Net worth Rs. ( Thousands ) N.A. Average TOL/TNW ( Capital ) Ratio N.A. Average Current Ratio Ratio N.A. Average Liquidity Ratio Ratio N.A. Average Return on Capital Employed Ratio N.A.Average Bad debts to Debtors Ratio N.A.

Multiplier Total

Business Income Eligible /Not Eligible Business Income Not Eligib

III APPLICANT PERFORMANCE ON THE BASIS OF BANKING TRANSACTIONS ( C )

BANKING OF APPLICANT AND CO APPLICANT

Individual Account

Average 6 months Bank Balance Rs. ( Thousands ) - No of times Bank account reflects Minimum balance Ratio - Average No Transactions Per Month No of Times -

Business Account

Average 6 months Bank Balance Rs. ( Thousands ) - No of times Bank account reflects Minimum balance Ratio - Average No Transactions Per Month No of Times -

Cheques Bounces

No of Outward Cheques Bounces in Individual Account No of Times - No of Outward Cheques Bounces in Business Account No of Times -

Multiplier Total

Go ahead / Do not Go ahead Go ahead

IV ABOUT CONCERN ( D )

Business Vintage No of years N.A. Constitution of the Entity Type N.A.No of Years Applicant is associated with Concern No of years N.A.

Multiplier Total

TOTAL MULTIPLIER FACTOR

V APPLICANT PERFORMANCE ON THE BASIS OF OTHER INFORMATION ( E )

Suit Filed / Wilful Default / Written Off Rs. ( Thousands ) - Sub Standard (SUB) Rs. ( Thousands ) -

Doubtful (DBT) Rs. ( Thousands ) - Loss (LSS) Rs. ( Thousands ) - If Loans as per CIBIL report are higher than Applicant's data, then variation amo Rs. ( Thousands ) - Residence Verification Report 0Business Verification Report 0Tele Verification Report 0Personal Discussion Report 0IT Verification Report 0Bank Verification Report 0

Go ahead / Do not Go ahead Go ahead

Restriction if No Go ahead appears at any stage

VI OTHER INCOME OF APPLICANT TO BE CONSIDERED ( F )

Rs. ( Thousands ) - Average Interest Paid to Relatives Rs. ( Thousands ) - Average Income of Minor Rs. ( Thousands ) - Average Income From H.U.F Rs. ( Thousands ) -

Rental Income other than those disclosed in ITR

Lease Agreement Rs. ( Thousands ) - Proposed Rent Rs. ( Thousands ) - Notional Rent Rs. ( Thousands ) -

Total Other Income Rs. ( Thousands ) -

Average Gross Total Income of Co Applicant Rs. ( Thousands ) -

CALCULATION OF LOAN

Average Other Income derived in Part C

Average Monthly PAT of last 3 years Rs. ( Thousands ) -

Eligibility Limited to Ranking % 0.16

PAT available on Eligibility Rs. ( Thousands ) 0.00

Average Monthly Other Income ( Avg other Income / 12 ) Rs. ( Thousands ) -

Depreciation on Fixed Assets Rs. ( Thousands ) -

Average Monthly Gross Total Income of Co Applicants -

Total Monthly Income -

Monthly EMI payments currently running Rs. ( Thousands ) 0.00

Net Monthly Income to be considered for MLSC 0.00

Considered for Funding before Excess Cash adjustment Rs. ( Thousands ) -

% Reduction in MLSC due to Excess Cash Balance 0.00%

Considered for Funding after Excess Cash adjustment -

ROI Applicable 0.00%

Tenor of Loan Applied No of Years 70

EMI factor for relevant ROI & Tenor 0

A Loan on the basis of above Rs. ( Thousands )

VII COLLATERAL SECURITY

Type of collateral offered 0Value of collateral offered Rs. ( Thousands ) -

a Collateral value to be considered Rs. ( Thousands ) -

Additional Collateral Security given Rs. ( Thousands )

Type of collateral offered 0Value of collateral offered Rs. ( Thousands ) -

b Collateral value to be considered Rs. ( Thousands ) -

ELIGIBILITY AS PER VARIOUS SCORES

Eligibility as per Total Income ( A ) #DIV/0!

Eligible value of Additional Collateral Security ( b ) -

c Total Eligibility #DIV/0!

Total Eligible Loan { Least of ( a ) and ( c ) } #DIV/0!

MAXIMUM PERMISSIBLE FUNDING Rs. ( Thousands ) #DIV/0!

0

Score WeightMultiple Deviations MaximumMultiplier

N.A. 6% 0 Yes 0.2N.A. 6% 0 Yes 0.2N.A. 5% 0 Yes 0.2N.A. 4% 0 No 0.2N.A. 4% 0 Yes 0.2N.A. 4% 0 Yes 0.2N.A. 2% 0 No 0.1N.A. 2% 0 No 0.1N.A. 1% 0 Yes 0.05

N.A. 6% 0 Yes 0.2N.A. 4% 0 Yes 0.2N.A. 5% 0 No 0.2N.A. 4% 0 Yes 0.2N.A. 4% 0 Yes 0.2

57% 0.00 2.45

1 10

N.A. 4% 0 No 0.1

N.A. 2% 0 Yes 0.1N.A. 4% 0 Yes 0.2N.A. 2% 0 No 0.1N.A. 2% 0 No 0.1N.A. 4% 0 Yes 0.2

N.A. 4% 0 No 0.1N.A. 2% 0 Yes 0.1N.A. 4% 0 Yes 0.2N.A. 2% 0 No 0.1N.A. 2% 0 No 0.1N.A. 4% 0 Yes 0.2N.A. 1% 0 No 0.05

37% 0.00 1.65

1 6

1 1% 0.01 0.055 2% 0.1 0.10 1% 0 0.05

0 1% 0 0.055 2% 0.1 0.10 1% 0 0.05

5 6% 0.3 0.1755 6% 0.3 0.175

20% 0.81 0.75

0

N.A. 2% 0 0.05N.A. 2% 0 0.05N.A. 2% 0 0.05

6% 0.00 0.15

120% 0.81 5.00

GOGO

GOGOGOGOGOGOGOGOGO

0 0

2

#DIV/0!

Guidance Note on Evaluation

In the evaluation all the figures are considered in thousands. Kindly enter all the amount in thousands

1 Financial Ratios Analysis

2 Scores and weights

3 Director as self employed

4 Consideration of other EMI payments

Colours Given

Dark Green

Indigo

Dark Red

Red

Dark Blue

Violet

Basic Info

5 Name of Applicant

6 Applicant's Age (Years)

7 Name of Co Applicant - 1

8 More than 1 Co Applicant

9 Name of Co Applicant - 2, 3, 4 ( if any )

10 Name of Business Entity

11 Share of Applicant in Business Entity

12 Share in Business Entity

For ProprietorshipFor Partnership

For Private Limited Company

13 Normal Case / Presumptive Income Case

14 Loan Applied For

15 Applicant Type

ProfessionalLarge/Medium Businessman

Small Businessman

16 Rate of Interest applicable

17 Tenor of loan

18 Maximum Tenor Allowable

19 EMI factor for relevant Rate of Interest & Tenor

20 Current EMI Running of Applicant & Co Applicants

21 Commercial/Business Loan

22 Equipment Loan

23 Housing Loan

24 Vehicle Loan

25 Personal Loan

26 Other Loan

27 CIBIL Report Default Related Information

28 Outstanding amount of Loans under these categori

29 Suit Filed / Willful Default / Written Off (SF/WD/

30 Sub Standard (SUB)

31 Doubtful (DBT)

32 Loss (LSS)

33 Loans outstanding as per Applicant's data

34 Loans outstanding as per CIBIL report

35 If CIBIL report is higher, then variation amount

36 Has Applicant or Co Applicant ever stood as guara

37 Amount of Guarantee

38 Business Verification Report Positive / Negative

39 Residence Verification Report Positive / Negative

40 Tele Verification Report Positive / Negative

41 Personal Discussion Report Positive / Negative

42 Income tax Verification Report Correct / Incorrect

43 Bank Verification Report Correct / Incorrect

44 Information about Minor

45 Name of Minor

46 Minor's Age (Years)

47 Balance Minority left (Years)

48 Balance Minority to tenor of loan

49 Business Vintage

50 Constitution of the Entity

51 No of Years Applicant is associated with Concern

52 Type of collateral offered

53 Value of collateral security considered

54 Additional Collateral Security given

55 Value of additional collateral security considered

Applicant's Bank Details

56 Individual Account ( Saving Account )

57 Business Account ( Current Account )

58 Average six months Bank Balance

Individual Account ( Saving Account )Business Account ( Current Account )

59 Average No Transactions Per Month


60 No of Outward Cheques Bounces


61 Minimum Balance in Bank Account

62 No of times Bank account reflects Minimum balanc

Individual Account ( Saving Account )Business account ( Current account )

63 Co Applicant's - 1 ,2 ,3 ,4 Bank Details

Individual Account ( Saving Account )

Business Account ( Current Account )

64 Average six months Bank Balance


65 Average No Transactions Per Month


66 No of Outward Cheques Bounces


67 Minimum Balance in Bank Account

68 No of times Bank account reflects Minimum balanc

Individual Account ( Saving Account )Business account ( Current account )

69 P & L

70 P & L Recon

71 Balance Sheet

72 Presumptive case

73 Evaluation

74 Score

75 Weight

76 Multiple

77 Deviations

78 Maximum Multiplier

79 Applicant's Profitability Performance

80 Applicant's Performance on the basis of Balance S

81 Applicant's Performance on the basis of Banking T

82 About Concern

83 Applicant's Performance on the basis of other Inf

84 Latest year details

85 Average Details

86 Sales Turnover

87 Average Sales Turnover

88 Sales Turnover Growth

89 Operating Margin

90 Average Operating Margin

91 Interest Coverage

92 Average Interest Coverage

93 PBT / Turnover

94 Average PBT / Turnover

95 PAT / Turnover

96 Average PBT / Turnover

97 Debtors Collection period

98 Inventory to turnover ratio

99 Turnover to Average current assets ratio

100 Total Debt To Net Cash Accruals

101 Average Total Debt To Net Cash Accruals

102 Tangible Net worth

103 Average Tangible Net worth

104 TOL/TNW

105 Average TOL/TNW

106 Current Ratio

107 Average Current Ratio

108 Liquidity Ratio

109 Average Liquidity Ratio

110 Return on Capital Employed

111 Average Return on Capital Employed

112 Average Bad debts to Debtors

113 Other Income of Applicant to be Considered

114 Interest Received from Relatives

115 Average Income From H.U.F

116 Average Income of Minor

117 Average Agriculture Income

118 Average Interest Paid to Relatives

119 Average Monthly PAT of last 3 years

120 Average Monthly Other Income

121 Monthly EMI payments currently running

122 Eligibility Limited to Ranking

123 Gross Total Income of Co Applicant

124 Depreciation on Fixed Assets

125 Monthly Income to be considered for MLSC

126 Consider for MLSC (funding)

127 Eligibility as per Profitability

128 Eligible value of Additional Collateral Security

129 Total Eligibility

130 Maximum Permissible Funding Eligibility

131 Presumptive Eligibility

Additional points as per our discussion and Executive summary,not reveiwed by you earlier.

Net worth

Share Capital

Share in Business

a. Applicant

b. Co-Applicant

c. Other Partners

Reserves and Surplus

Revaluation reserve

General Reserve

Surplus in P&L A/c

Term Loan

Car Loan

Loan Secured by Stock

Loan against Fixed Deposit

Commercial Vehicle Loan

Housing / Home Loan

Personal Loan

Applicant (HUF)

Co - Applicant

From Relatives

Others

Short Term Borrowing

From Banks

From others

Sundry creditors ( Trade )

Sundry creditors ( Expense )

Income Tax

Fringe Benefit Tax

Bills Payable

T.D.S. Payable

VAT Payable

Outstanding Liabilities

Deposits

Cash Credit

Fixed Assets

Gross Block

Depreciation

Net Block

Capital Work - in - Progress

Investments

In Shares

In Mutual Funds

Others

Total Investments

Current Assets

Cash balance

Bank Balance

Fixed Deposits with Banks

Cheque / Draft in Hand

Sundry Debtors

Closing Stock / Inventories

Advances Against Purchases

Bills Receivable

Prepaid Expenses

Advance Tax

Security Deposits

Sales Tax Receivable / VAT

Income Tax

Co - Applicant

Gross Sales

Other income

Cost of Goods Produced

Raw Material

Work-In-Progress

Finished goods

Trading Expenses

Carriage Inwards

Freight Inward

Consumables

Factory Expenses

Generator Rent & Expenses

Hamali Charges

Machinery Hire Charges

Octroi Duty

Oil & Lubricants

Power & Fuel

Sales Tax / VAT

Wages, Labor Charges

Administrative Expenses

Accounting Charges

Agency Charges

Allowance to Staff

Architect Fees

Audit Fees

Bank Commission & Charges

Bonus

Books & Periodicals

Charity & Donation

Computer Expenses

Conference Expenses

Consultancy Charges

Conveyance Expenses

Directors Remuneration

Diwali Expenses

Electricity Expenses

Entertainment Expenses

Freight Outward, Carriage Outward

Generator Rent & Expenses

Gifts & Prizes

Gratuity

Guaranty Fees

Hire Charges

Insurance Expenses

Laundry Expenses

Legal Expenses & Govt.Fees

License Fees

Loading & Unloading Expenses

Lodging & Boarding

Loss on Sale of Equipment

Medical charges

Membership & Subscription

Miscellaneous Expenses

Municipal Tax

Newspaper & Magazines

Office & Shop Expenses

Office Maintenance

Penalty Charges

Petrol & Diesel Expenses

Pooja Expenses

Postage & Courier Charges

Printing & Stationery , Xerox Charges

Processing Fees Charges

Professional Tax

Provident Fund

Rates & Taxes

Registration Charges

Rent

Repairs & Maintenance

Salaries

Security Expense

Service Charges

Staff Welfare & Mess Expenses

Stamp Duty

Tax Consultant Fees

Telephone & Mobile Expenses

Toll Charges

Transportation Expenses

Traveling Expenses

Vehicle Maintenance Expenses

Advertisement

Agency Commission

Bad debts

Bonus to Salesman

Business Promotion Expenses

Discount & Rebate

Publicity

Samples Distribution Expenses

Interest on Bank Funding

Interest on Other Funding

Interest to Partners

Interest to Relatives

Definition of Relatives

Other Finance charges

Current Tax

Income Tax

FBT

Deferred Tax

Income From Salary

Income From House Property

Tallied Formula in Balance Sheet

In the evaluation all the figures are considered in thousands. Kindly enter all the amount in thousands

Our evaluation technique deals with a comprehensive set of financial ratios derived from profit and loss account and balance sheet. This ratios directly impact the computation of the eligible loan amount. Different classes of ratios qualify for various level of importance (weights) and the score play an significant role in evaluation methodology

An elaborate evaluation system is wholly structured on the basis of ratios calculated. Maximum score is five and minimum score is zero weights are allocated to the various ratios as per the importance of the ratios. Weights are allocated in such a manner thatif an applicant scores excellent in all the criteria, Excellent scores will entitle a high loan eligibility

Evaluation technique considers directors owning a company on the same footing as a partner in a Partnership firm

We suggest that the same methodology be applied for all loans. In our template the MLSC is calculated after deductingEMI payments from average monthly income of the applicant

Descriptipn of Colours

Text statements

Totals, Sub-totals and numerical cells which are computed automatically

Manually entered figures

Message appearing on some condition

Evaluation Text

Data other than Evaluation text and Warning message

This is the first sheet containing relevant basic information

Applicant name should be in format as given in the application form. Surname, first name, middle name

Applicant's age as filled in the application form.

Co Applicant name should be in same format as filled for the Applicant. Surname, first name, middle name

If there are more than one Co Applicants, information about other Co Applicants should also be filled

Other Co Applicants' names should be in same format as the Applicant. Surname, first name, middle name

The name of the business entity of Applicant as given in the application form

The share of business entity that is owned / held by the applicant In our suggested evaluation the average net profit from business is taken in proportion of the share of applicant in business for determining the loan amount. For example : if the applicant's share in business is 40% and net profit in business is Rs 2 lakhs, then the relevant income will be considered as Rs 2 lakhs X 40%

Proprietorship means the whole concern is owned by a single person. Share in Business will be 100%Partnership is carried on by two or more persons. Share in business is the profit sharing ratio among the partners. It will be provided in the Partnership DeedA Private Limited Company is a separate legal entity. The name of private limited company ends with the words "Pvt.Ltd.".Share of Applicant in private limited company is the percentage shareholding in the company as on the date of applicationProof of such shareholding should be available in the Annual Return filed with the Registrar of CompaniesThis document can be searched through the Internet independently (without reference to the applicant)

The case in which the profit shown by the Applicant in the profit and loss account is significant (above 5% for large/medium businessman, 3% for small businessman,10% for professional) is termed as Normal caseThe case can be categorized as Presumptive Case (where above margins are presumed) if turnover of twelve monthscan be supported by bank statements and / or TDS certificates.

The amount which the Applicant has asked for

Applicant's occupation has to be entered here. It is divided into three categories-

Person who has a qualified degree from a recognized institution. Example Doctor, Chartered Accountant, Engineer, LawyerPerson who owns a business or has a share in partnership business or a shareholding in private/public limited companywith turnover over Rs Twenty five lakhs in the last financial year

Turnover less than Rs Twenty five lakhs in the last financial year

Rate of interest as applicable to the loan

Tenor as asked for by the applicant

Maximum Tenor of loan is limited to twenty years. Maximum age of the Applicant is considered at sixty years

Maximum tenor is defined as lower of (a) twenty years (b) sixty minus age of applicant

The EMI factor corresponding to the rate of interest and the maximum tenor of loan as given in the LIC EMI chart is to be filled

If the Applicant And Co Applicant are paying any current EMI for other loans, the EMI payment of those loans should be entered

Commercial/Business Loan is loan taken for business purpose. It can be for purchase of land and building for business, Machinery, Furniture etc.

Equipment Loan is loan taken for purchase of various business tools and equipments

Housing loan is loan taken for the purchase or construction of house, plot, flat etc

Vehicle loan is loan taken for purchase of two wheeler or four wheeler vehicle.

Personal loan is loan taken for any personal purpose.

Any loan other than Commercial/Business loan, Equipment loan, housing loan, Vehicle loan, personal loan of the Applicant

If the information in the CIBIL report shows any default for the below points, that information to be collected and filled below

The various amount of loan outstanding under the Categories given below is to collected from CIBIL report and filled

Amount in this category as per CIBIL report




Total loans outstanding as per information provided by applicant

Total loans outstanding as per information in CIBIL report

If the difference between the loan outstanding as per the CIBIL report and the Applicant's data is more than two lacs than it will have a negative impact on the ranking of the Applicant

If the Applicant or Co Applicant has provided Guarantees for any loans, that information is to be filled

The total amount of guarantee provided by the Applicant and Co Applicant is to be filled

Observation and comments given in Business Verification Report by verification agency shall be considered.

Observation and comments given in Residence Verification Report by verification agency shall be considered.

Observation and comments given in Tele Verification Report by verification agency shall be considered.

Observation and comments given in Personal Discussion Report by verification agency shall be considered.

Observation and comments given in Income Tax Verification Report by verification agency shall be considered.

Observation and comments given in Bank Verification Report by verification agency shall be considered.

Person below the age of eighteen years is considered to be minor. Information about Minor is to be filled only if the income of minor is clubbed with the Applicant or Co Applicant and shown in tax returns of Applicant or Co-Applicant

Minor name should be in format as filled for the Applicant and Co Applicant Surname, first name, middle name

Minor's Age to be filled

The difference between eighteen years and the age of minor filled above - will be computed (not to be filled)

It is ratio of balance minority to tenor of loan expressed in percentage. - will be computed (not to be filled)

Business vintage means for how many years Applicants business is running

It is the type of entity the Applicant is running such as public limited company, private limited company, partnership, sole proprietorship

Applicant's involvement with the business since how many years

Collateral security offered by Applicant is classified into three catergories.i.e..commercial real estate, residential real estate, other property

Commercial real estate – 90%, Residential property – 80%, Other Property 80%

Additional Collateral security offered by Applicant is classified into three categories, viz LIC policiesFixed deposits, other assets

·

Surrender value of LIC policy -95%, Fixed deposits - 80% , other assets - 60%

Current and Savings Accounts details to be filled in

This is the personal bank account in the name of Applicant

This is the bank account in the name of concern.Business transaction are carried in this account

This is the average of closing bank balance for latest six months sum of closing balance for six months divided by six months

This is the average of closing bank balance for latest six months for saving accountThis is the average of closing bank balance for latest six months for current account

Applicants average number of transaction for latest six months sum of number of transaction for six months divided by six months

This is the average number of transaction for latest six months for saving accountThis is the average number of transaction for latest six months for current account

Applicants number of cheque dishonored for the last six monthsThis is an important parameter for ranking. Maximum Cheque bounce is 12

Applicants number of cheque dishonored for the last six months in the saving accountApplicants number of cheque dishonored for the last six months in the current account

Minimum Balance is the amount which the Applicant must have in his account as decided by the bankIf the Applicant has minimum balance most of the time, the implication is that he could be short of funds

It is the number of times the bank account shows minimum balance

It is the number of times the bank account shows minimum balance in the saving accountIt is the number of times the bank account shows minimum balance in the current account

Co-Applicants Savings and Current Account details

This is the personal bank account in the name of Co Applicant

This is the bank account in the name of concern.Business transaction are carried in this account

This is the average of closing bank balance for latest six months sum of closing balance for six months divided by six months

This is the average of closing bank balance for latest six months for saving accountThis is the average of closing bank balance for latest six months for current account

Co Applicants average number of transaction for latest six months sum of number of transaction for six months divided by six months

This is the average number of transaction for latest six months for saving accountThis is the average number of transaction for latest six months for current account

Co Applicants number of cheque dishonored for the last six monthsThis is an important parameter for ranking. Maximum Cheque bounce is 12

Co Applicants number of cheque dishonored for the last six months in the saving accountCo Applicants number of cheque dishonored for the last six months in the current account

Minimum Balance is the amount which the Co Applicant must have in his account as decided by the bankIf the Co Applicant has minimum balance most of the time, the implication is that he could be short of funds

It is the number of times the bank account shows minimum balance

It is the number of times the bank account shows minimum balance in the saving accountIt is the number of times the bank account shows minimum balance in the current account

This worksheet contains Profit & Loss Account, Ratios computed based on numbers in Profit & Loss Account and OtherIncome details of ApplicantThis worksheet also contains Income details of CoApplicants which are filled up from their Income Tax ComputationsThis worksheet calculates sub total of items automatically like sales turnover, trading expense, cost of productionadministrative expense, selling and marketing expense, operating cost excluding interest and depreciation, interest and finance charges, taxes.Sales turnover is the total of various kind of sales according to type of applicant.Consumption is sum of opening stock and purchase less closing stockTotal Trading expense is sum of all the trading expenses mentioned in P&L worksheet. Cost of production is the sum of consumption and total trading expenseTotal administrative expense is sum of all the administrative expenses mentioned in P&L worksheet. Total selling and marketing expense is sum of all the selling and marketing expenses mentioned in P&L worksheet. Operating cost is the sum of total administrative and total selling and marketing expense excluding interest and finance charges and depreciationTotal interest and finance charges is the sum of all interest payments and finance charges mentioned in P&L worksheet

Total taxes is the sum of tax paid during the year mentioned in P&L worksheet.If tax amount is not present in P&L account then the amount should be picked from he computation of income of applicant business.Gross profit is sales minus consumption and total trading expenseNet Profit Before Interest, Depreciation, Taxes is Gross profit minus Operating cost Profit after Interest but Before Depreciation, Taxes is Net Profit Before Interest, Depreciation, Taxes minus total interest and finance chargesNet Profit Before tax is Profit after Interest but Before Depreciation minus depreciationNet Profit After Taxes is Net profit before tax minus total taxes

A detailed explanation of Ratios is provided in this worksheet (items 82 to 108)

Applicants Income from secondary business or profession and incomes other than business incomes are considered in Part C of P&L worksheetSub Total of Part C Incomes is the sum of income from salary, income from secondary business, income from house property, income from other sources and maximum limit of agriculture income

Applicant additional income based on Additional information consist of interest paid to relatives, minor income, rent on the basis of lease agreement,notional rent, proposed rent

A detailed explanation of Depreciation income, Average monthly PAT, Average interest paid to relatives, Average agriculture income, Average HUF income, Average minor income is provided in this worksheet (items 109 to 116, 120)

Rent on the basis of lease agreement , notional rent and proposed rent are calculated as per rules of LIC housing finance limited

Co applicant Income is considered from their computation of income.Total income after tax of co applicant is the total of income from salary, income from house property, income from business and income from other sources and deducting tax paid

The basic rationale of this worksheet is to avoid data entry errors and detect such errors if anyThe worksheet starts with Profit as per P&L as reported by applicant and ends with profit as per Excel sheetIt seeks to capture all those items of incomes and expenses which appear in the P&L but not in Excel P&L and vice versaIf the reconciliation does not match, then there is some data entry error and you should not move forward until you correct the error

This is fourth sheet containing balance sheet of the Applicant business. Ratios related to Balance Sheet are computed automatically.

Total capital includes share capital, partner's capital and proprietor's capital. Capital according to entity of applicant has to be filled Total current account is the total of applicant, co applicant and other's current account.Total reserves and surplus is the sum of reserve and surplus mentioned in the balance sheet work sheetTotal net worth is the sum of capital account, current account and reserves and surplusTotal secured loans is the sum of all the secured loans mentioned in the balance sheet work sheet

Total unsecured loans is the sum of all the unsecured loans mentioned in the balance sheet work sheetTotal loan is the sum of total secured and unsecured loansTotal Short Term Borrowings is the sum of short term borrowing from banks and othersTotal Sundry Creditors, Provision for Taxation & Other Liabilities is the sum of sundry creditors, provision for tax and other liabilitiesTotal Current Liabilities is the sum of total short term borrowings and total sundry creditors, provision for tax and other liabilitiesTotal Outside Liabilities is the sum of total loan and total current liabilitiesTotal liabilities is the sum of liability side of balance sheetNet block is the difference between gross block of fixed assets and accumulated depreciation on such assetTotal Investments is the sum of all type of investment mentioned in balance sheet worksheetTotal Current Assets is the total of all the items of current assets mentioned in balance sheet work sheetTotal loans and advances is the total of all the items of loans and advances mentioned in balance sheet work sheetTotal current asset and loans and advances is the sum of total current asset and total loans and advancesTotal asset is the sum of asset side of balance sheet

A detailed explanation of Ratios is provided in this worksheet (items 82 to 108)

This is the fifth sheet to be filled only when the applicant falls under the presumptive eligibility criteria as described in point 9.

Applicants Income from secondary business or profession and incomes other than business incomes are considered in Part B of Presumptive case worksheetSub Total of Part B Incomes is the sum of income from salary, income from secondary business, income from house property, income from other sources and maximum income limit of agriculture income

Applicant additional income based on Additional information consist of interest paid to relatives, minor income, rent on the basis of lease agreement,notional rent, proposed rent

Co applicant Income is considered from their computation of income.Total income after tax of co applicant is the total of income from salary, income from house property, income from business and income from other sources and deducting tax paid

A detailed explanation of average interest paid to relatives, average agriculture income, average HUF income, average minor income is provided in this worksheet (items 111 to 114)

This worksheet will automatically work out the eligibility of loan for the applicant. The evaluation is divided in two parts. first part describes the loan amount for the Normal case and the second part describes the loan amount for Presumptive caseFor a detailed write up on Evaluation methodology, ranking, criteria, refer our detailed Report

Maximum Score for all the parameters is 5 and minimum score for all the parameters is 0

For each parameter, weights are assigned based on importance of the parameter

Multiple is the multiplication of score and weights which the Applicant will achieve according to his financials

Deviations seek to measure qualitative factors while scores seek to measure quantitative parametersThe responses can be either 'Yes' or 'No'. 'Yes' implies there is a deviationNo' means there is no deviation for the particular parameter

Maximum multiplier is the maximum score multiplied by concerned weights (the max score any applicant can achieve)

It is Part I of the Evaluation. Applicants profit & loss account and various ratios calculation is considered

It is Part II of the Evaluation. Applicants Balance sheet and various ratios calculation is considered

It is Part III of the Evaluation. Applicants and Co Applicants Current account and Saving account details are considered

It is Part IV of the Evaluation. Applicants various business details are considered

It is Part V of the Evaluation. This includes Cibil Report, various verification report like income tax verification, personal verification, tele verification, personal discussion, bank verification.

Applicants latest year financials ( computation, profit & loss account and balance sheet ) details

This is the average of last 3 years financials ( computation, profit & loss and balance sheet ) details

This is the Gross Receipts or Sales Turnover as per the applicant's latest year profit & loss account

This is the average of last 3 years gross receipts or sales turnoverSum of last 3 years sales divided by 3.

It is the growth in the latest year over the previous year sales turnover or the gross receipts

This is the ratio of Profit Before Depreciation, Interest and Tax to the Sales TurnoverIt indicates the profit efficiency of a concern before taking its depreciation, interest and tax payments. Higher the ratio, the higher is the Applicant's operating margin

This is the average ratio for last 3 years operating marginSum of last three years operating margin divided by 3

This is the ratio of Profit Before Interest and Tax divided by Interest Expense (to bank and others)The interest coverage ratio is a measurement of the number of times Applicant could make its interest payments with its earnings before interest and taxes; the lower the ratio, the higher the Applicant’s debt burdenIf Interest Expense is zero, then technically the Interest Coverage Ratio is infinity. However, to enable easiercomputation, we have set a level of 1000 here (a very large number) to take care of such situations

This is the average ratio for last 3 years interest coverageSum of last three years interest coverage divided by 3

This is ratio of Profit Before Tax to Sales Turnover. This ratio is the margin to the total sales turnover before tax paymentsHigher the ratio, higher is the Applicant profit before tax margin

This is the average ratio for last 3 years profit before tax to sales turnover.

It is ratio of profit after tax to sales turnover. This ratio is the margin to the total sales turnover after tax paymentsHigher the ratio, higher is the Applicant profit after tax margin

This is the average ratio for last 3 years profit after tax to sales turnover.

This is Average Debtors divided by Sales per day (i.e. Sales divided by 365)It represents an approximation of days taken by customers to pay the applicantHigher the Debtor collection period, higher is the time taken to convert debtors into cash (lower is the financial flexibility of the Applicant)

It is the ratio of sales turnover to average stocks [ ( opening stock+ closing stock )/2 ]Higher the ratio, faster the movement of inventory in the Applicant's business. Lower the ratio, slower the movementof inventory (and indicates a lower flexibility of the Applicant)

This is the ratio of Sales to Current Assets. A higher ratio indicates a faster movement of Current Assets and higherlevel of efficiency in working capital management (and vice versa)

It is ratio of total loans (secured + unsecured) to profit after tax but before depreciation. Higher the ratio, the higher is he Applicant's debt burden

It is average ratio of total loans to profit after tax including depreciation for the last 3 years

This is the capital of the Applicant in business including reserves

This is the average capital of the Applicant in business including reserves for the last 3 years

This is the ratio of total outside liabilities (secured loans + unsecured loans + other liabilities) to tangible net worthTotal outside liabilities comprise of secured loan and unsecured loan and other liabilities like supplies payablesA high ratio indicates a higher dependence on outside liabilities and indicates a higher level of risk

This is the average ratio of total outside liabilities to tangible net worth for the last 3 years

This is the ratio of current asset to current liabilities. Higher the ratio, higher the proportion of current asset with the ApplicantA higher ratio indicates a better liquidity positionIf Current Liabilities is zero, then technically the Current Ratio is infinity. However, to enable easiercomputation, we have set a level of 1000 here (a very large number) to take care of such situations

This is the average ratio of current asset to current liabilities for the last 3 years

This is the ratio of current asset except stock (current asset - stock) to current liabilities This is purely cash ratioA higher ratio indicates a better liquidity positionIf Current Liabilities is zero, then technically the Liquidity Ratio is infinity. However, to enable easiercomputation, we have set a level of 1000 here (a very large number) to take care of such situations

This is the average ratio of current asset except stock (current asset - stock) to current liabilities for the last 3 years

This is ratio of profit before tax to total assets ( fixed assets + working capital )This ratio, measures the profitability of a company by the pre-tax profit achieved on a company's capital employed.Higher the ratio, higher is the return on the capital invested by the Applicant

This is average ratio of profit before tax to total asset ( fixed asset + working capital ) for the last 3 years

This is the average ratio of bad debt to debtors for the last 3 yearsHigher the ratio, higher is the proportion of bad debt.

If the Applicant earns income from any other sources, all such income will be considered as income from other sourcesThis income include salary income, income from house property, income from business other than his primary business (as the income of primary business will be considered separately ), income fromother sources, income from minor, income from agriculture income. This income will be available in the computation of incomefiled with tax returns

Any interest received from relatives is not considered as other income of the Applicant (and is excluded)

Income from HUF can be considered as Applicant's income for the purpose of computing eligibility of loan, provided (a)the Applicant is the karta of the HUF (b) only his share of the HUF income is considered (c ) his share is clearly known - thisdepends on the number of members in his HUF as per information provided by the ApplicantFor example, if HUF income is Rs 2 lakhs and there are 4 members, then his share will be Rs 50,000For this purpose, minors are also to be included as members of HUF

Income of minors is considered as eligible income and considered as Applicant's income for practical purposes subject toconditions as follows : (a) The income should have been declared in the Applicant's tax returns and clubbed with his income(b) Age of the minor is an important parameter. The percentage of balance minority left to the tenor of loanis multiplied with the Average Minor income of 3 years. If the percentage is more than 50%,than 100% of minor income is eligible. If it is less than 25% but more than 50%,than 50% of minor income is eligible and if it is less than 25%, then income of minor is ignoredFor example, if minor's income is Rs 50,000 and his age is 8 and tenor of loan is 15 yearsBalance minority left is 10 years and 10/15 is 67% (more than 50%). The entire income of Rs 50,000 will be consideredfor Applicant eligibility computation.

Agriculture income is the income earned by the Applicant from agricultural activities.Minimum of Average agriculture income for 3 years subject to a maximum level of 30% of Average annual profit isadded to Applicants income. Agriculture income must be declared in the tax returns by the Applicant.

Interest paid to relative is interest expense incurred by the Applicant's business and appearing in the P&L. Average interest paid for 3 years can be added to Applicants income. If the P&L account does not provide this detail, the tax audit reportwill have these details reported along with amount paid to each relative.

Profit after tax is the profit left after paying tax liability. Tax amount if not available in P&L must be taken from computation of income of the business. Tax will consist of Tds,advance tax, self assessment tax.Average profit after tax for 3 years is considered.

Average other income of the Applicant divided by 12

Current EMI payments of other loan of the Applicants should be entered here.

This is the score of the Applicant based on his quantitative criteria, weights and performanceThis score divided by maximum possible score will decide his eligible income from business

Income of the co Applicant is taken as per his/her computation of income

Minimum of Average monthly depreciation for the 3 years multiplied by 75% and Average monthly profit of 3 years

The total monthly income of the applicant and the Co Applicant including other incomes and depreciation after

multiplied by 50% is considered for the income of Applicant

reducing it with EMI payments of any other loans

Net monthly income for professional is considered at 60%, for Large/Medium businessman at 55% and for Small businessman at 50%

The loan amount is computed based on above income multiplied by EMI factor (based on tenor and interest rate)

This is based on additional collateral offered by the applicant

This is the total of eligibility as per profitability and eligible value of additional collateral security

It is the maximum amount which can be funded to the Applicant as per his eligibility fromtotal eligibility and the value of collateral security considered

This computation applies to special cases of presumptive computation - the purpose is to lend to such applicants whosetax returns do not show high income levels, but it is believed that their business is healthier than declared

The bank statement for the latest financial period (1st April to 31st March) of the business for which tax return has been filed should be verified to check the genuineness of sales reflected in the bank statement.Collections as per bank statement should be at least 80% of Sales as per P&LIn cases where the business is subject to TDS, the gross amounts covered by TDS certificates should beat least 80% of Sales as per P&LIf this condition is not satisfied, the case does not qualify for special treatment under presumptive channel and shouldbe processed as a regular case

The sales growth for the last 2 years (as per P&L) should be at least 10% per annum

If these conditions, are satisfied, profit from business will be presumed as under:

Professional – 10 %Businessmen - 5 % Others ( Small Businessmen) - 3 %

In this case Applicants total income will include his Business Profits as derived on presumptive basis.Other Income, Co-Applicant's income will be considered as per general principles discussed above.Accordingly, his loan eligibility will be computed.

Additional points as per our discussion and Executive summary,not reveiwed by you earlier.

Total assets minus total liabilities is Net worth

For individual, the value of a person's) assets, including cash, minus all liabilities is Net worth

Share capital refers to portion of a company's equity that has been obtained (or will be

obtained) by trading stock to a shareholder for cash or equivalent item of capital

value.

In Case of partnership firm, the amount of capital invested by applicant in the firm.

In case of partnership firm , the amount of capital invested by Co-applicant should be

filled here

Apart from applicant and co-applicant if applicant is in partnership with other person

then detail of capital of other partner should be mentioned in the balance sheet

partnership firm, the amount of capital invested by that patner(s) is to be filled here

A valuation reserve from retained earnings to cover anticipated future payments.

Reserve account that records the surplus created when assets are revalued (see

revaluation). It is a 'paper' or unrealized reserve.

It is a reserve created by transferring certain amount of undistributed profit for

funding expansion, acquisition, paying dividends, discharging of liabilities, writing off

extraordinary and/or contingent losses ,buyback and/or redemption of securities.

The profit earned by the firm during the year is transferred to reserve and surplus account

The loan which is taken for more then one year is termed as term loan

The loan which is taken for the purchase of the car is termed as car loan

Loan which are secured by the Stock / Raw Material of the company

The loan which is taken against fixed deposit is loan against fixed deposit

The loan taken for the purchase of vehicle which will be used for the business

purpose.

Loan against purchase of residential flat, property, plot etc

The loan which is taken for the personal purpose is personal Loan

The loan taken from the applicants HUF

Loan taken from the co-applicant

If loan is taken from the relative of applicant is considered as loan from relative

The loan which is taken from the person other then specified above can be termed as loan from others.

Short term borrowing can be defined as the loan which will get pay-back within a year

The loan taken from the bank for a year is considered as short term borrowing from bank

The borrowing which is taken from the other person, bodies and institutions other then bank for a year.

Purchase of goods, raw material on credit basis for the further production of the goods is termed as

creditors related to trade purpose.

Expense incurred for the normal running of the business and that material is purchased on credit then

that creditor is considered as the creditor for the expenses.

Annual tax levied by the Federal government, most states, and some local governments, on an individual's or

corporation's net profit.

Benefits by an employer to his employees, in addition to the cash salary or wages paid, the taxation of

such perquisites is known as Fringe Benefit Tax

Trade obligations of a firm, such as a trade acceptance or Banker's Acceptance payable at maturity.

The amount of TDS deducted within and payment was not made till the end of the financial year then the

balance amount is considered as the TDS Payable

The VAT which is outstanding at the end of the financial year is considered as the VAT payable

The liabilities outstanding at the end of the year is considered as the O/s Liabilities.

Funds placed into an account at a depository institution to increase the credit balance of the account,

OR Down payment given in advance to support the intention to complete a

commercial transaction.

Cash credit, an account with a bank by which a person or

house, having given security for repayment, draws at

pleasure upon the bank to the extent of an amount agreed upon

those tangible assets, such as office buildings, furniture, fixtures, and equipment, used in the operation of a

business, that have a relatively long life and are not intended to be sold in the normal process of the

business

The total value of all of the assets that a company owns. Value is determined by the amount it cost to

acquire these assets, and it is not decreased to take into account the effects of depreciation.

A noncash expense that reduces the value of an asset as a result of wear and tear, age, or obsolescence.

The total value of all of the assets that a company owns. Value is determined by the amount it cost to

acquire these assets, and it is decreased to take into account the effects of depreciation.

Work that has not been completed but has already incurred a capital investment from the company

The purchase of a financial product or other item of value with an expectation of favorable future returns.

Investment made by person(s) to have one unit of ownership in a corporation, or limited partnership

Investment made by person(s)in mutual fund

Investment made by person(s) other then in mutual fund and in shares will be written under other

investment

Sum of all investment made by person(s)

Any balance sheet item which equals the sum of cash and cash equivalents, accounts receivable, inventory,

marketable securities, prepaid expenses, and other assets that could be converted to cash in less than one year

Being cash balance plus cash receipt minus cash disbursements

also called account balance.

The cheque/ draft which is not cleared or deposited till the end of financial year

It is the opposite of a Creditor who is someone to whom you owe money. It can be more then six

months or and debtors can be less then six month. The items will go accordingly the head in the

profit and loss account.

A Business's remaining stock at the end of an accounting period. It includes finished the products, raw

materials, or work in progress and is deducted from the period's costs in balance sheets.

Advance given against purchase of the raw material, goods to the creditors.

bonds, and other evidences or securities which a merchant or trader and which are payable to him.

Costs such as rent, interest, insurance premium, etc., that are paid in advance of actually incurring them and (as

opposed to deferred charges) are regularly recurring in the normal course of a firm's business

Tax paid in advance is called advance tax

Money paid in advance of a transaction to protect a seller or renter against damage or non-payment.

A tax levied by a state or city on the retail price of an item.

Annual tax levied by the Federal government, most states, and some local governments, on an individual's or

corporation's net profit.

The loan and advances given to co-applicant.

Different business has different type of sales

In manufacturing company the sales is expressed as sales turnover, For a professional sale can be

professional receipts or consultancy fees, for a traveling business sale can be hire charges etc

The main source of income should be considered as Sales

There are many supplementary income earned by a individual other than regular receipts. It may be in form of Rent income,

The amount of money in an account, equal to the net of credits and debits at that point in time for that account.

Money placed with bank, merchant bank, building society, credit union for a fixed term at a fixed rate of interest which remains unchanges during the period of deposit.

BILLS RECEIVABLE, in merchant accounts, are all promissory notes, bills of holds, exchange,

Salary income, Interest income etc. This income might be visible in applicants Profit & Loss A/c as well as His/Her computation.

Hence this income should be considered in applicants Other Income - Part C of Evaluation. as it is not taken in Profit & Loss A/c

There are some other items appearing in Income side of applicant like Profit on sale of Asset/Investment. This type of

incomes which are actually not received during the year. So this income are excluded from the total income of applicant.

But if this income are not entered in the Profit & Loss A/c, Profit as per the printed Profit & Loss A/c will not Tally. So this

income should be filled in the Profit & Loss Reconciliation

Cost of goods produced shall consist of Material Consumed, Direct Wages and Salaries, Direct Expenses, Works Overheads, Quality

Control cost, Research and Development Cost , Packing cost, Administrative Overheads relating to production

Unfinished goods consumed by a manufacturer in providing finished goods

Work-In-Progress consist of goods and services that are partially completed

Finished goods are goods that have completed the manufacturing process but have not yet been sold or distributed to the end user

Trading Expenses are expenses that can be directly traced to producing specific goods or services. Trading Expenses

include all Factory Expenses such as Freight charges, Wages, Power & fuel, Transportation Expenses

Carriage Inwards are delivery expenses incurred during the purchase of goods

Freight Inward is Transportation charge the company pays when it receives goods from a supplier

Any item, which participates in or is required for a manufacturing process, but does not necessarily form part of the end-product

The expenditure incurred by the manufacturing section of an organization

Expenses incurred for generator such as rental expense, diesel charges, Generator maintenance etc

Loading & unloading charges incurred during Transportation

Expenses incurred for hiring of machineries.

Octroi Duty is a municipal levy, which is levied on entry of goods into a municipal/ local

area for use, consumption or sale.

Expenses incurred for grease, lubricants, petrol, diesel etc

Expenses incurred for Electricity and petrol Diesel.

Sales Tax is a tax levied on the retail price of merchandise

VAT is a consumption tax which is levied at each stage of production based on the value added to the product at that

stage

wages and Labor charges are a compensation, workers receive in exchange for their labor

Expenses that are not as easily associated with a specific function as are direct costs of manufacturing

and selling. It typically includes expenses of the head office and branch office

It is a fees paid to an accountant for preparing accounts.

The costs inherently associated with using an agent

Allowance are funds allocated to staff periodically for a stated purpose

Fees given to architect for providing consultancy.

The amount payable to an auditor for an audit;

Amount paid to bank for services availed from the Bank

A sum of money or an equivalent given to an employee in addition to the employee's usual compensation

Amount incurred for purchased of Books, Journals and Newsletters for business purpose.

Sum of money given as gift, grant, fund to a charity or social institution

Expenses incurred for maintenance of computers, printers, scanners, fax machine etc

Expenses incurred for arranging of meetings, seminars, training for employees

Amount paid to a business or agency for offering expert or professional advice.

Amount paid to employees for local traveling and conveyance expenses

The fees or remuneration paid to director for services provided to the company.

Amount paid to employees on occasion of Diwali celebration or any other festival.

Electricity expenses are expense paid for electricity used every month/quarter for office.

Amount incurred for employees entertainment such as party expenses

Freight Outward is expense incurred for transportation of finished goods to manufacturer or retailer

Carriage Outward is expense incurred for delivery expenses

Expenses incurred for generator such as rental expense, diesel charges, Generator maintenance etc

Amount given as gift or prizes to employees for his good performance

A voluntary payment given to employees in appreciation for the service rendered

A sum paid as a guarantee.

Amount incurred for hiring of car, employees, professional etc for business purpose

Insurance policy taken by company for their employees

Amount paid for Laundry charges of employees

Amount paid as legal fees for legal counseling and service.

A fee paid to the government for the privilege of being licensed to do something

Amount incurred for loading and unloading of goods during marketing of goods

Expense incurred for employees stay in hotels for business visit.

Loss incurred during sale of asset at price lower than WDV or purchase cost.

Medical reimbursement paid to employees as a allowance.

Amount paid to become a member of business related group or institution

These are expenses of miscellaneous nature incurred by employees

Operational Expenses include all Office Expenses, Marketing Expenses and Financial Charges.

A payment for consecutive issues of a newspaper or magazine for a given period of time

Expenses of general nature incurred for office

Expenses incurred for maintenance of office like painting, repair.

Penalty paid for late payment to local authorities, creditors or bankers

Amount paid for petrol & diesel charges of vehicle

Amount incurred on occasion of Pooja.

Amount paid for postage or courier bill for the business

Amount paid for purchasing of various stationery items and xerox copy charges for business.

A fee charged by a public official to accept a document for processing

Tax paid by the company on occasion of profession

Contribution made by company in provident fund for employees from business

Various taxes such as municipal tax, state tax etc paid by business are included in this categories

Amount paid for registration fees to government authorities

Regular payment by a tenant to an owner for the use of his/her land or buildings

Expenses incurred for repair and maintenance of office or assets for improving the condition.

A salary is a form of periodic payment from an employer to an employee, which is specified in an employment contract

Amount incurred for security guard for the company.

Amount paid for service provided by various professionals or experts

Expenses incurred for welfare of employees in form of perquisites.

Stamp duty is a form of tax that is levied on documents

Amount paid as a consultancy fees for tax matters.

Amount incurred for telephone and mobile expenses of employees and business.

Amount paid by vehicles in toll naka

Amount paid to transporters for carrying goods

Amount paid for traveling of employees for business visits

Expenses incurred for maintenance of vehicle like purchase of tubes & tyres, repairs.

Amount spent for promoting the business.Eg Newspapers ads, Catalogs etc

Commission or brokerage paid to agents for selling the goods

Amount not recoverable from debtors

An incentive given to salesman for bringing good business

Amount spent for promoting the business.Eg 1buy 1 Free offer

Reduction in price of goods to promote sale

This term is similar to advertising. Publicity is in form of Painting on Bus & Trains

Amount spent for promoting the business.Eg Free sample distribution to public

Interest charges on Bank loan or credit taken by Bank for the business

Interest charges on Bank loan or credit taken by outsiders for the business

Interest paid to partners for any amount given as loan to the partnership firm

Interest charges on loan or credit taken by Relatives for the business

Relatives means the husband, wife, mother, father, brother, sister, or any lineal ascendant or descendant of the Applicant

Any other bank charges incurred for any banking services

Tax paid for the current year by business.

Tax paid

Fringe Benefit Tax is tax paid for providing the various benefits to employees

Deferred Tax is term used for the timing difference of calculating depreciation as per companies Act and Income Tax Act

This Income is taken from the individual computation of the Applicants

Salary/Pension received by the applicant from business other than his business

This Income is taken from the individual computation of the Applicants

Rental Income earned by the applicant giving his property on rent

While filling Balance sheet amount in thousands a difference may arise due to rounding off of the amount to

nearly rupee. A Formula of Tallied or Not Tallied is given for this purpose.

The criteria for this formula is adjusted to 2% meaning if asset or liability

side is greater or less than 2% by each other than it will show Not Tallied otherwise Tallied

The formula will explain whether asset & liability side of Balance sheet is Tallied or Not.

Our evaluation technique deals with a comprehensive set of financial ratios derived from profit and loss account and balance sheet.

for various level of importance (weights) and the score play an significant role in evaluation methodology

An elaborate evaluation system is wholly structured on the basis of ratios calculated. Maximum score is five and minimum score is zero weights are allocated to the various ratios as per the importance of the ratios. Weights are allocated in such a manner that

Evaluation technique considers directors owning a company on the same footing as a partner in a Partnership firm

We suggest that the same methodology be applied for all loans. In our template the MLSC is calculated after deducting

Co Applicant name should be in same format as filled for the Applicant. Surname, first name, middle name

Other Co Applicants' names should be in same format as the Applicant. Surname, first name, middle name

applicant in business for determining the loan amount. For example : if the applicant's share in business is 40% and

A Private Limited Company is a separate legal entity. The name of private limited company ends with the words "Pvt.Ltd.".Share of Applicant in private limited company is the percentage shareholding in the company as on the date of applicationProof of such shareholding should be available in the Annual Return filed with the Registrar of Companies

The case in which the profit shown by the Applicant in the profit and loss account is significant (above 5% for large/medium businessman, 3% for small businessman,10% for professional) is termed as Normal caseThe case can be categorized as Presumptive Case (where above margins are presumed) if turnover of twelve months

Person who has a qualified degree from a recognized institution. Example Doctor, Chartered Accountant, Engineer, LawyerPerson who owns a business or has a share in partnership business or a shareholding in private/public limited company

Maximum Tenor of loan is limited to twenty years. Maximum age of the Applicant is considered at sixty years

The EMI factor corresponding to the rate of interest and the maximum tenor of loan as given in the LIC EMI chart is to be filled

If the Applicant And Co Applicant are paying any current EMI for other loans, the EMI payment of those loans should be entered

Commercial/Business Loan is loan taken for business purpose. It can be for purchase of land and building for business,

Any loan other than Commercial/Business loan, Equipment loan, housing loan, Vehicle loan, personal loan of the Applicant

If the information in the CIBIL report shows any default for the below points, that information to be collected and filled below

The various amount of loan outstanding under the Categories given below is to collected from CIBIL report and filled

If the difference between the loan outstanding as per the CIBIL report and the Applicant's data is more than two lacs

Observation and comments given in Business Verification Report by verification agency shall be considered.

Observation and comments given in Residence Verification Report by verification agency shall be considered.

Observation and comments given in Personal Discussion Report by verification agency shall be considered.

Observation and comments given in Income Tax Verification Report by verification agency shall be considered.

Person below the age of eighteen years is considered to be minor. Information about Minor is to be filled only if the income of minor is clubbed with the Applicant or Co Applicant and shown in tax returns of Applicant or Co-Applicant

Minor name should be in format as filled for the Applicant and Co Applicant Surname, first name, middle name

The difference between eighteen years and the age of minor filled above - will be computed (not to be filled)

It is ratio of balance minority to tenor of loan expressed in percentage. - will be computed (not to be filled)

It is the type of entity the Applicant is running such as public limited company, private limited company,

Minimum Balance is the amount which the Co Applicant must have in his account as decided by the bankIf the Co Applicant has minimum balance most of the time, the implication is that he could be short of funds

This worksheet contains Profit & Loss Account, Ratios computed based on numbers in Profit & Loss Account and Other

This worksheet also contains Income details of CoApplicants which are filled up from their Income Tax ComputationsThis worksheet calculates sub total of items automatically like sales turnover, trading expense, cost of productionadministrative expense, selling and marketing expense, operating cost excluding interest and depreciation,

Total selling and marketing expense is sum of all the selling and marketing expenses mentioned in P&L worksheet.

Total interest and finance charges is the sum of all interest payments and finance charges mentioned in P&L worksheet

Total taxes is the sum of tax paid during the year mentioned in P&L worksheet.If tax amount is not present in P&L account then

Profit after Interest but Before Depreciation, Taxes is Net Profit Before Interest, Depreciation, Taxes minus

Applicants Income from secondary business or profession and incomes other than business incomes are considered in Part C

Sub Total of Part C Incomes is the sum of income from salary, income from secondary business, income from house property,

Applicant additional income based on Additional information consist of interest paid to relatives, minor income, rent on the

A detailed explanation of Depreciation income, Average monthly PAT, Average interest paid to relatives, Average agriculture income, Average HUF income, Average minor income is provided in this worksheet (items 109 to 116, 120)

Rent on the basis of lease agreement , notional rent and proposed rent are calculated as per rules of LIC housing finance limited

Total income after tax of co applicant is the total of income from salary, income from house property, income from business

The worksheet starts with Profit as per P&L as reported by applicant and ends with profit as per Excel sheetIt seeks to capture all those items of incomes and expenses which appear in the P&L but not in Excel P&L and vice versaIf the reconciliation does not match, then there is some data entry error and you should not move forward until you correct the error

This is fourth sheet containing balance sheet of the Applicant business. Ratios related to Balance Sheet are computed automatically.

Total capital includes share capital, partner's capital and proprietor's capital. Capital according to entity of applicant has to be filled

Total reserves and surplus is the sum of reserve and surplus mentioned in the balance sheet work sheet

Total Sundry Creditors, Provision for Taxation & Other Liabilities is the sum of sundry creditors, provision for tax and

Total Current Liabilities is the sum of total short term borrowings and total sundry creditors, provision for tax and other liabilities

Net block is the difference between gross block of fixed assets and accumulated depreciation on such asset

Total loans and advances is the total of all the items of loans and advances mentioned in balance sheet work sheetTotal current asset and loans and advances is the sum of total current asset and total loans and advances

This is the fifth sheet to be filled only when the applicant falls under the presumptive eligibility criteria as described in point 9.

Applicants Income from secondary business or profession and incomes other than business incomes are considered in Part B

Sub Total of Part B Incomes is the sum of income from salary, income from secondary business, income from house property,

Applicant additional income based on Additional information consist of interest paid to relatives, minor income, rent on the

Total income after tax of co applicant is the total of income from salary, income from house property, income from business

A detailed explanation of average interest paid to relatives, average agriculture income, average HUF income,

The evaluation is divided in two parts. first part describes the loan amount for the Normal case and the second part describes the loan

Maximum multiplier is the maximum score multiplied by concerned weights (the max score any applicant can achieve)

It is Part I of the Evaluation. Applicants profit & loss account and various ratios calculation is considered

It is Part III of the Evaluation. Applicants and Co Applicants Current account and Saving account details are considered

It indicates the profit efficiency of a concern before taking its depreciation, interest and tax payments. Higher the ratio,

If Interest Expense is zero, then technically the Interest Coverage Ratio is infinity. However, to enable easier

This is ratio of Profit Before Tax to Sales Turnover. This ratio is the margin to the total sales turnover before tax payments

It is ratio of profit after tax to sales turnover. This ratio is the margin to the total sales turnover after tax payments

Higher the ratio, faster the movement of inventory in the Applicant's business. Lower the ratio, slower the movement

This is the ratio of Sales to Current Assets. A higher ratio indicates a faster movement of Current Assets and higher

It is ratio of total loans (secured + unsecured) to profit after tax but before depreciation. Higher the ratio,

This is the ratio of total outside liabilities (secured loans + unsecured loans + other liabilities) to tangible net worthTotal outside liabilities comprise of secured loan and unsecured loan and other liabilities like supplies payables

This is the ratio of current asset to current liabilities. Higher the ratio, higher the proportion of current asset with the Applicant

This is the ratio of current asset except stock (current asset - stock) to current liabilities This is purely cash ratio

This is the average ratio of current asset except stock (current asset - stock) to current liabilities for the last 3 years

This ratio, measures the profitability of a company by the pre-tax profit achieved on a company's capital employed.

This is average ratio of profit before tax to total asset ( fixed asset + working capital ) for the last 3 years

If the Applicant earns income from any other sources, all such income will be considered as income from other sources

other sources, income from minor, income from agriculture income. This income will be available in the computation of income

Income from HUF can be considered as Applicant's income for the purpose of computing eligibility of loan, provided (a)the Applicant is the karta of the HUF (b) only his share of the HUF income is considered (c ) his share is clearly known - this

Income of minors is considered as eligible income and considered as Applicant's income for practical purposes subject toconditions as follows : (a) The income should have been declared in the Applicant's tax returns and clubbed with his income(b) Age of the minor is an important parameter. The percentage of balance minority left to the tenor of loan

than 100% of minor income is eligible. If it is less than 25% but more than 50%,than 50% of minor income

Balance minority left is 10 years and 10/15 is 67% (more than 50%). The entire income of Rs 50,000 will be considered

Minimum of Average agriculture income for 3 years subject to a maximum level of 30% of Average annual profit is

Interest paid to relative is interest expense incurred by the Applicant's business and appearing in the P&L. Average interest paid for 3 years can be added to Applicants income. If the P&L account does not provide this detail, the tax audit report

Profit after tax is the profit left after paying tax liability. Tax amount if not available in P&L must be taken from

Minimum of Average monthly depreciation for the 3 years multiplied by 75% and Average monthly profit of 3 years

The total monthly income of the applicant and the Co Applicant including other incomes and depreciation after

The loan amount is computed based on above income multiplied by EMI factor (based on tenor and interest rate)

This computation applies to special cases of presumptive computation - the purpose is to lend to such applicants whosetax returns do not show high income levels, but it is believed that their business is healthier than declared

which tax return has been filed should be verified to check the genuineness of sales reflected in the bank statement.

If this condition is not satisfied, the case does not qualify for special treatment under presumptive channel and should

There are many supplementary income earned by a individual other than regular receipts. It may be in form of Rent income,

which remains unchanges during the period of deposit.

Salary income, Interest income etc. This income might be visible in applicants Profit & Loss A/c as well as His/Her computation.

Hence this income should be considered in applicants Other Income - Part C of Evaluation. as it is not taken in Profit & Loss A/c

Cost of goods produced shall consist of Material Consumed, Direct Wages and Salaries, Direct Expenses, Works Overheads, Quality

Finished goods are goods that have completed the manufacturing process but have not yet been sold or distributed to the end user

Any item, which participates in or is required for a manufacturing process, but does not necessarily form part of the end-product

Documents

6 Loan Calculator