This presentation is about PNB offer about loans for Doctors.

which contains 15 slides

SUMMARY As discuss over chat
• I applied Modern B design with cool color palette (Maroon, orange and green)across all
slides to give it an appealing classic-aesthetic but still professional look.
• I used modern font (Century Gothic & Arial) so that it looks minimalist, clean and
sophisticated.
• I inserted relevant images and icons in creative ways to help maintain the audience's
attention while helping to illustrate key points. All the images are copyright free to use
• I converted the template to widescreen as this is presented in webinar

Thank you for using Experts for PowerPoint, I enjoyed finishing up the design of your
presentation. I believe this presentation will grab your audience's attention and entails the
success of your presentation.

Designed by Experts Amazing presentations powered by top experts

aka.ms/ExpertsforPowerPoint Invite code: FreeDesign

*Limitations apply
PNB Doctor’s
Delight
NISHESH KUMAR
(Sr. FACULTY) PNB STC-1
LUCKNOW
Eligibility

 Professionally qualified practicing/serving

Doctors viz., MBBS, BDS & above having Net
Annual Income/Salary of Rs.5.00 lac and above.
Doctors should be taxpayers for the last two
years and the ITRs of the last 2 years duly
receipted by ITO be kept on record.

 Borrower should have a continued occupancy

at current place of residence, of a minimum of
2 years. (Not applicable In Case of Doctors who
are Employees of Govt./Institutions etc)

3
Purpose, Nature & Amount of Loan

Purpose: For meeting expenses of

professional/personal requirement.

Nature Of Loan: Term Loan and Over Draft

with reducing DP basis.

Amount Of Loan And Minimum Net Annual

Salary/ Income: Minimum amount of loan will
be Rs. 2,00,000/- and maximum amount of loan
Rs. 15,00,000 or 20 times monthly gross
salary/income whichever is lower depending
upon the repaying capacity subject to having
Net Annual Income/Salary of Rs.5.00 lakh and
above
4

4
Margin & Repayment
MARGIN: Nil

REPAYMENT

 Term Loan: The entire loan (principal & interest) shall be repaid within
remaining period of service or in maximum 84 equated monthly
installments (EMIs). Repayment to start one month after disbursement of
the loan.

 Overdraft: The overdraft Limit shall be adjusted within a maximum period

of 84 months by reducing Drawing Power (DP) equivalent to EMI amount
at the beginning of every month.

 (Sanctioning Authority to ensure that repayment period allowed

commensurate with likely period of stay of the borrower).

 Repayment of the loan along with interest should not extend beyond the 5
age of 65 years of borrower. Circle Head & above may relax repayment
period upto the age of 70 years. 5
Deductions

All deductions including the proposed

Personal Loan installment should not exceed
the prescribed ceiling as under: GMS/I Max.
Permissible Deduction of GMS/Income

Max. Permissible
GMS/I
Deduction of GMS/I

Up to Rs.50000 40%

>Rs.50000 to
50%
Rs.100000

>Rs.100000 60%
6
Deductions
 Further, Circle Head/COCAC & above, shall permit
higher %age deduction of GMS/I subject to Maximum
10% over & above the prescribed ceiling under each
bracket of GMS/I on individual merits of the case and
after ascertaining expenditure pattern of the
prospective borrower(s), i.e., Circle Head/COCAC &
above may permit deductions of GMS/I MAXIMUM up
to 50%, 60% and 70% in the above bracket,
respectively.

 The GMS/I of spouse may be included while ascertaining

the repaying capacity where the spouse is confirmed/
permanent employee of Central/ State Govt./ PSB/ PSUs
and reputed companies/ Institutions including Schools,
Colleges, Universities, Hospitals provided her salary is
7
with us. In such cases, the spouse is to be made as co-
borrower in addition to personal guarantee of fellow 7
employee
Income
 The regularity of income of the borrower(s) over the entire
span of loan should be clearly established before sanction of
loan. Latest salary slip, ITR (for the two year) etc. be taken &
perused. While ITRs for the last 2 years of shall be taken
and perused to ascertain continuity of income, Assessment
of loan/Repaying capacity be arrived at on the basis of
income as reported in the latest Salary slip/ ITR.

 For Salaried Doctors:- Latest salary slip, Form16/ITR for

the last 2 years be taken, perused and placed on record.
Assessment of Loan/ Repaying capacity be arrived at on the
basis of latest salary slip.

 Further, Specific CARE be exercised in respect of IT returns

showing SUDDEN SPURT in the salary/ income levels.
Recommending/ Sanctioning authority to fully satisfy himself/
8
herself before considering acceptance of such income/
salary. Justification/ basis of the same be provided in the 8
recommendation/ sanction note.
Recovery
 At location where ECS/RECS/NACH (Debit) is not
available - Recovery/ Repayment of EMIs in all Retail Loan
accounts be considered through PDCs /Standing Instruction.
Mandate of the customers for debiting their accounts through
Advance cheques (CTS-2010) signed by the borrower
repaying monthly installments under the cover of letter be
obtained. Such Post dated advance cheques should be
obtained of that account whose statement of account is
obtained and not of our Bank where a shadow account is
opened just for getting cheque book.

 At location where ECS/RECS/NACH (Debit) is available –

No fresh/additional Post Dated Cheques (PDC)/Equated
Monthly Installment (EMI) cheques (either in old format or
new CTS-2010 format) shall be accepted in locations where
the facility of ECS /RECS/ NACH (debit) is available. The
9
existing PDCs/EMI cheques in such locations may be
converted into ECS/ RECS/ NACH (debit) mandates 9
 Rate Of Interest & Interest Able Code

1 Rate Of Interest: RLLR + 2.15%

2 Interest Table Code For Term Loan: PD15T

3 Interest Table Code For Overdraft: PD15R

10
Upfront Fee And Documentation
Charges

Upfront Fee: 0.90% of loan amount

+ Taxes

Documentation charges: Rs.450+

Taxes

Credit the fee-based income collected by

way of Processing Fees / Upfront Fees
and Documentation Charges in Revenue 11

Sub-Head “<solid>2032504”.
11
Security

Suitable third party Tangible Collateral

guarantee acceptable Security of the value of
to the Bank. Circle 100% of loan amount.
Head and above may
waive obtaining of
guarantee on merits on
case to case basis.

12
 Loaning Powers

1 Maximum Loan: 15 Lakh

Branch Heads of GBB (Scale-II , Scale-III,

2 Scale-IV): 10 Lakh

3 Segment Head (Scale-III, Scale-IV): 15 Lakh

Incumbent of iRAM/RAM (Scale-IV, Scale-V): 15

3 Lakh
13
Documentation

 Loan application form

 Term Loan/ Overdraft Agreement.

 Agreement of Guarantee

 Undertaking be obtained declaring

1. Details about existing borrowings from

Punjab National Bank and other financial
institutions;

2. That no further loan will be raised either

from PNB or any other Bank/FIs/NBFCs
under the Personal Loan Scheme till full
repayment of personal loan from PNB. 14
14
Statement Of
Accounts
1. For Prospective Borrowers dealing with us - Statement of
account of prospective borrowers having their account with
our Bank, be obtained to establish satisfactory transactional
record.

2. For Prospective Borrowers dealing with other Banks/FIs-

The track record of at least one year of prospective
borrower/ co-borrower, dealing with other banks/ FIs and
willing to avail loan from our Bank must be thoroughly
verified before making the advance. Further, the
genuineness of documents including Bank A/c statements
etc. to be obtained for this purpose shall also be ensured
invariably, besides conducting other checks such as CIBIL
database check- up, KYC norms etc and fulfilling other
requirements of the scheme.

3. In case of the customers not having their account with any 15

other Bank/FI or for any deviation on the above account, the
15
Branch head in the rank of Scale IV & above/Circle Head
may take suitable decision based on merits of each case.
General Terms And
Conditions
 Incumbents to take action as per Bank's Extant
Guidelines/Law in respect of advance cheques
NACH//ECS, which are received back unpaid.

 National Electronic Clearing Service

(NECS)/NACH mandate for those not maintaining
salary account with the bank for monthly recovery
of EMI to be obtained.

 As the Personal Loan granted under the Scheme is

basically clean in nature, utmost care should be
exercised in sanction/conduct of the account.

 Branch to obtain irrevocable letter of authority

16
NACH/ ECS / PDCs from the borrower to debit
SF/CA account with installment of loan. 16
General Terms And
Conditions
 Branches should ensure drawing of CIRs from
CIBIL/Credit Information Companies data base for
considering any request for Personal Loan in terms of the
extant guidelines of the bank.

 Undertaking be obtained declaring i) details about

existing borrowings from Punjab National Bank and other
financial institutions; ii) that no further loan will be raised
either from PNB or any other Bank/FIs/NBFCs under the
same/similar scheme till full repayment of personal loan
from PNB.

 For getting the benefit of lower rate of interest Doctor will

open a daily collection account with bank and give an
undertaking that he/she will deposit his/her professional
receipts in the said account. Incumbent to ensure that the 17
receipts in the account are commensurate with the latest
17
ITR of the Doctor to pass on the benefit of interest.
THANK YOU
NISHESH KUMAR
(Sr. FACULTY) PNB STC-1
LUCKNOW