In case of term loan requirements, the details of machinery may be given as under :
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* Details of Colletral security,if any, including 3rd party guarantee
(Max 400)
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(* As per RBI guidelines banks are not to take collateral security for loans upto Rs.10 lakhs to MSME units) |
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Status Regarding Statutory Obligations:
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I/We certify that all information furnished by me/us is true; that I/We have no
borrowing arrangements for the unit except as indicated in the application; that
there is no overdues/statutory dues against me/us/promoters except as indicated
in the application; that no legal action has been/is being taken against me/us/promoters;
that I/We shall furnish all other information that may be required by you in connection
with my/our application that this may also be exchanged by you with any agency you
may deemed fit and you,your representatives, representatives of Reserve Bank of
India or any other agency as authorised by you,may,at any time,inspect/verify my/our
assets,books of account etc. in our factory/business premises as given above.
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