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GROUP NO -02GROUP MEMBERS BHAGYAANUPAMAKARISHMAPAVINMINNAABHINAV

Bank Of BarodaThird largest Public Sector bank in India, afterState Bank of IndiaandPunjab National BankFounded in 1908Headquartered at BarodaIt has total of 3159 branches including 70 overseasHas a total staff of 38063 CMD of BOB is M.D.Mallaya

History1908:Maharaja Sayajirao Gaekwad IIIset up Bank of Baroda (BOB).1910: established its first branch inAhmedabad1953: established a branch inMombasaand another inKampala1959: acquiredHind Bank.1961: merged inNew Citizen Bank of India. This merger helped it increase its branch network inMaharashtra1963: acquiredSurat Banking CorporationinSurat,Gujarat.1964: acquired two banks,Umbergaon Peoples Bankin southernGujaratandTamil Nadu Central BankinTamil Nadustate.1969: The Government of India nationalized 14 top banks, including BOB

History1975: BOB acquired the majority shareholding and management control ofBareilly Corporation Bank(est. 1928) andNainital Bank(est. in 1954), both inUttar Pradesh1998:BOB also acquiredPunjab Cooperative Bankin a rescue.1999: BOB merged in Bareilly Corporation Bank in another rescue. At the time, Bareilly had 64 branches, including four inDelhi.2007: In its centenary year, BOB's total business crossed 2.09 lakh crores, its branches crossed 1000, and its global customer base 29 million people.2009: Bank of Baroda registered with theReserve Bank of New Zealand, enabling it to trade as a bank inNew Zealand

ServicesApart from the Loans, Deposits, Credit and Debit Cards, Bank of Baroda offers other services to make financial dealings easy and convenient.DematBaroda healthRemittances(baroda money express)Collection servicesECS(electronic clearing services)Government business(PPF , tax collection and savings bonds)

Subsidiaries

DomesticBobcards ltd.BOB capital markets ltd.Nanital bank ltd.

Subsidiaries

Overseas Bank of Baroda (Botswana) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Uganda) Ltd. Bank of Baroda (Guyana) Ltd. Bank of Baroda (UK) Ltd. Bank of Baroda (Tanzania) Ltd Bank of Baroda (Trinidad & Tobago) Ltd.Bank of Baroda (Ghana) Ltd.

Retail Loans

A wide range of solutions for your financial needs.

Bank of Baroda offers a wide range of retail loans to meet your diverse needs. Whether the need is for a new house, child's education, purchase of a new car or home appliances, our unique and need specific loans will enable you to convert your dreams to realities.

Baroda Home LoanHome Loan is available for:Purchase of new / old dwelling unit.Construction of house.Purchase of plot of land for construction of a house.Repaying a loan already taken from other Housing Finance Company / Bank.Repayment period up to 30 years (floating rate option).

Value propositionsBank offers following benefits with home loan availed by you:Free Personal Accident Insurance is available for stipulated tenure.Free Credit Card (BOBCARD complementary for first year) to all Home Loan borrowers (first borrower) with loan limit of Rs. 2/- Lacs and above.Concession of 0.25% in rate of interest for Car Loans.

Concession of 0.50% in rate of interest for Loan for consumer durables.Top up can be availed 5 times during loan period.(Minimum Rs.1/- Lac, Maximum Rs.200/- Lacs or 75% of residual value of house property after deducting 150% of outstanding loan amount of existing Home Loan, whichever is lower).

As per current IT provisions Interest on loan upto Rs.1.50 lacs per annum is exempt from income tax (Under section 23/24 (1) of the Income Tax Act). An additional deduction of interest upto Rs.1 lac is available to persons taking a loan for their first home upto Rs.25 lacs during March 2013 to Feb 2014.

As security against the loan amount, the bank will take an equitable mortgage of the housing property and/or other suitable securities.No Fees will be charged on part prepayment / full prepayment of the loan amount.The loan can be repaid in a maximum period of 30 years taken under floating rate option subject to the period up to age of retirement in case of salaried persons and 70 years in case of others.

Baroda Education LoanTagline Whether you are planning school education (nursery to standard XII) of your child, pursuing a graduate or post-graduate degree, theBank of Baroda Education Loans, can help finance your ambitions and goals

Following are the loan options available:Baroda VidyaBaroda GyanBaroda ScholarBaroda Education Loan for Vocational Education & Training Central Scheme of Interest Subsidy for Education LoansThe National Skill Certification and Monetary Reward scheme covered under Baroda Education Loan for Vocational Education & Training

Baroda Personal LoanTAGLINE A wedding in the family. Maybe it's high time you surprised your spouse with a priceless gift. Or you simply need to pamper your family with an extended vacation. These are the times when you may need a helping hand. That's when you can bank on us. Bank of Baroda's Personal Loan offers financial help to meet your personal requirements

Key BenefitsHelps you take care of all kinds of expenses at a short noticeThe Loan may be availed to meet expenses related to marriage, travel, honeymoon, holiday and medical expenditure or for any other personal use.The loan is also available to Pensioners/Defence PensionersLoan is also available for Earnest Money Deposits for buyers of home/flat/plot.

Terms & Conditions

The beneficiaries of this loan can be:Permanent confirmed employees (minimum 1 year service) ofCentral/State Govt/ /Autonomous Bodies/Public/ Joint sector undertakings.Reputed Limited companies / MNCs & Educational Institutions

Self Employed Professional

Doctors, Architects, Interior Designers, Engineers, Chartered Accountants, Technical & Management Consultants & practicing Company Secretaries only, with a stable business (minimum 1-year).Insurance agents subject toThe agent is doing insurance business for the last -5- yearsThe agent has regular and stable income and maintaining SB a/c with the bank for crediting commission cheques received from their principals.

Loan Amount :Minimum : Rs. 20000 andMaximum of Rs. 2,00,000 (Subject to condition)For Civil Pensioners : Maximum limit Rs. 1 lacFor Defence Pensioners : Maximum limit Rs. 2 lacsFor Earnest Money Deposit : Maximum limit Rs. 5 lacsRepayment :Up to 36 months (maximum) in Equated Monthly Installments.No pre-payment charges. However, penalty of 2% on overdue amount

Baroda Two Wheeler LoanTAGLINE For those individuals who prefer to travel more conservatively or to get to their destinations faster, a two-wheeler is as much a boon as it is to a car owner. With newer models coming out each year, the options available to the customer are both attractive as well as convenient.Bank of Baroda's Two-Wheeler Loanmake it possible to purchase a two-wheeler and pay back in easy monthly instalments, thereby reducing the burden of a one-time payment.

Terms & ConditionsFinance for a minimum of Rs. 5000 and a maximum of Rs. 1 Lakh (or five times of the monthly income, whichever is less) can be availed of through the loan.

Margin of 10% on loan amount.

The loan amount can be repaid in maximum 60 months from the date of disbursement of loan.

As a security, the vehicle to be purchased out of the loan is to be hypothecated to the bank.

For loan exceeding Rs. 50000, a third party guarantee and / other securities like NSC, Share certificates, etc or a mortgage of property owned.

The vehicle will have to be insured with the bank's clause.

Baroda Advance Against Gold Ornaments / JewelleriesEligibility:

All individuals who are owners of the Gold Ornaments / Jewellries.

Nature of facility:Term Loan /Demand Loan

Purpose:

Any purpose other than speculative purposeMaximum Limit: Rs. 10 LacsMinimum Limit:Rs. 0.25 Lacs

Margin:

Advance Against Gold Coins,Gold Ornaments / Jewellery will be 25%(i.e.loan to value not exceeding 75%) for credit facilities upto Rs 3.00 lacs and 35% for credit facilities exceeding Rs 3 lacsRepayment:

Maximum 36 monthsProcessing Charges:

0.50% plus service tax.

Baroda Home Loans to NRIs / PIOs

TAGLINE Bank of Barodapresents yet another innovative product in the form of Baroda Home Loans to NRIs / PIOs, a unique housing loan facility designed specially for Non Resident Indians (NRI) and Person of Indian Origin (PIO).

Key BenefitsA loan product tailor-made for NRI / PIO needs

Free personal accident insurance.

No pre payment / foreclosure charges

Terms & Conditions

Baroda Mortgage LoanTAGLINE Bank of Barodabrings to you an innovative combination of a loan and over draft facility with flexible repayment options against the security of your immovable property.

Key BenefitsIdeal use of idle property- Generate additional income from an otherwise idle property.Withdraw money as per your need and save on interest cost.Deposit surplus money / regular income / salary and save interest.Flexibility to withdraw money deposited earlier.Can be availed either as overdraft or demand loan as per your need.

Salient FeaturesLimit:

Minimum : Rs. 1 lacMaximum areasRural areas: Rs. 10 LacsOther areas: Rs. 300 Lacs

RepaymentLoan: Maximum 84 EMIsEasy DocumentationMortgage loan from other banks can be taken over

Terms & Conditions

Eligibility:

Salaried Employees / Professional, Self Employed & Other income tax assesses for last 3 years with a minimum gross annual income of Rs. 60000.Age:Minimum 21 yearsIncome Criteria:Salaried: 36 times of gross monthly incomeOthers: 5 times of average (last 3 years) annual income

Documents Required:SalariedIncome proof (Form 16 along with salary certificate from the employer)

Professional / Self-employedI.T. returns for past 3 yearsLatest income tax assessment order (for overdraft amount of over Rs. 5 Lacs)Income certificate from appropriate revenue authority like Tehsilldar/BDO/SDO (for agriculturist)Original title deeds of the property offered for mortgagePaid receipt of latest maintenance, water tax, municipal tax and any such taxes.Non encumbrance letter from co-op societyPermission to create Equitable Mortgage from societyLast 6 months bank statements of main bank account

Questionnaire

By Bhagya

Question 1WHO ARE THE DIFFERENT CUSTOMERS THE BANK DOES THE BUSINESS WITH ???

Mrs Sreekala ( Manager , bob , perumbavoor branch) : INDIVIDUALS , SMALL/MEDIUM BUSINESS ,CORPORATES ETC

Question 2WHAT ARE THE VARIOUS KINDS OF LOAN FACILITIES PROVIDED BY THE BANK ??

Mrs Sreekala ( Manager , bob , perumbavoor branch) : Housing loan, gold loan, vechile loan , cash credit loan , mortage loan , 2 wheeler loan , SME loan Etc..

Question 3WHAT IS THE MINIMUM AND MAXIMUM CEILING OF THE LOAN ??

Mrs Sreekala ( Manager , bob , perumbavoor branch) : in the case of housing loan (high net worth group ) >300 lakhs , (ordinary) >100-80 lakhs

In the case of car loan On the road price 85%Machinery loan (20-25%)Working capital O.D -25%

Question 4WHAT ARE THE VARIOUS DOCUMENTS OR SECURITES TO BE SUBMITTED FOR AN APPLICATON FOR LOAN ??

Mrs Sreekala ( Manager , bob , perumbavoor branch) :KYC Aadhar cardPAN cardRation cardElection id card

PassportDriving licenceAny of 2 documents must contain the permanent address and the documents which should be self attested and verified

In the case of business houses [ for 1 cr above]Collateral securityPrimary Audited B.S & P/L of the co.VAT returnSales tax return (copy)Pollution certificatePanchayath licence

Question 5WHAT ARE THE PROCEDURES OF THE BANK FOR THE SANCTONING THE LOAN ??

Mrs Sreekala ( Manager , bob , perumbavoor branch) : bank takes legal opinion Approval of legal opinion (Search Report)Valuations done by the approved valuators of the bank

In case of house loans plan & estimates along with income certificate , salary certificate ( 6 months Statement ) and 3 yrs. confirmed employment is verifiedFor NRI annual income > 5 lakhsIn the case of business people they have to file the income tax return along with Itax verification

NOTE : reviewing of all the loans will be by the bank within 16 monthsDocument renewal is done according to bank guidelines

Question 6WHAT ARE THE DIFFERENT INTEREST THAT WLL BE CHARGED ON THE VARIOUS TYPES OF LOANS ??

Mrs Sreekala ( Manager , bob , perumbavoor branch) : Interest will be different on each bank. Each bank has1 town bank rate. The basic rate of interest is similar on each bank as they are fixed by the govt.

Question 7WHAT ARE THE TERMS OF REPAYMENT OF PRINCIPLE AMOUNT & INTEREST??

Mrs Sreekala ( Manager , bob , perumbavoor branch) :

Housing loans 10 to20 years (max 30) All other term loans 5 to 7 yearsInterest s according to repayment capacity and age requirement

Repayment : All loans almost half yearlyTerm loans : monthlyHis is divided into 2 EMI ( equated monthly instalments) : interest will decrease whereas principal amount remains the same overyearMonthly

Question 8WHAT IS THE MAXIMUM PERIOD WITHIN WHICH THE LOAN WILL BE SANCTIONED ??

Mrs Sreekala ( Manager , bob , perumbavoor branch) : usually the maximum time taken is 20 days Or depending upon the fileing of documents

Question 9WHAT ARE THE VARIOUS RECOVERY PROCEDURES TAKEN BY THE BANK FOR THE NON PAYMENT OF LOANS??

Mrs Sreekala ( Manager , bob , perumbavoor branch) :Penal Interest on overdue amount: Loan amount and interest thereon is to be repaid in agreed tenure of the loan. If a borrower fails to repay amount as per repayment schedule, the bank charges penal interest @ 2% p.a. on overdue amount for overdue period

Note: In addition to the service charges specified hereinabove, Service Tax shall be leviable at the rates advised by Government from time to time.

Further disbursements and recall of loan:Even though a facility is granted for a specified period, subject to annual renewal, the Bank reserves the right to discontinue the facility / advance and to with-hold / stop any disbursement, without giving any notice in the event of: i) Non-compliance/ breach of any of the stipulated terms and conditions. ii) Any information / particulars furnished to the Bank are found to be incorrect. iii) Any development or situations which are in the opinion of the Bank, its interest will be / is likely to be prejudicially affected by such continuation or disbursements.

Question 10CAN U STATE SOME DETAILS OF ONE TIME SETTLEMENT SCHEME??

Mrs Sreekala ( Manager , bob , perumbavoor branch) :The scheme shall be called MSME OTS Scheme 2012-13.

All the NPA (classified as Doubtful and Loss) and PWO accounts in Micro, Small and Medium Enterprises sector (manufacturing as well as services) with outstanding book balance not exceeding ` 10 crs. as on 31.03.2012 and outstanding as on date of launch will be eligible for OTS under the present scheme.

The OTS scheme will cover eligible cases in which the Bank has initiated actions under SARFAESI Act, cases pending before Court/DRT/Lok Adalat & decreed accounts subject to obtaining consent decree from the Court/DRT/Lok Adalat.

THANK YOU !!!!