Regd. Office: 9C-A, Madhuban, First Floor, 313004 Udaipur, Rajasthan
Registration NO.: 03/08/1972 No. 1557 Y RBI LIC. NO.: 04/01/1975 No. 52 P
     UUCB Trade Scheme
All types of Traders (including Retailers / Distributors / Commission Agents)
Nature of finance
Overdraft Facility
Quantum of finance
Maximum Rs.200 Lac (Rupees Two Crore only) per borrower.
Mode of assessment
Limit to be assessed as per Turnover Method, i.e. 30% of actual annual sales for the previous accounting year.
The limit shall be for a period of 12 months and renewed / reviewed annually.
Equitable / Legal Mortgage of non-encumbered residential house / flat, commercial or industrial property, either self-occupied or vacant, in the name and possession of the borrower (including joint owners) or relative(s) making them either co-borrower(s) or guarantor(s).

Other Liquid security may also be accepted in the form of –

a.   NSC / Govt. Bonds (excluding shares) - to the extent of 125% of loan amount.
b.    Time Deposits of the Bank / Surrender Value of Life Insurance Policies to the extent of 110% of the loan amount.

25% of Average of DLC and Distress Sale value of property.

Rate of Interest
BPLR (Floating).

Concession in Rate of Interest
Based on Score (Rating) considering Security, Business Profile, Length & Quality of Relationship, Exposure (including Group) etc.

Charges for Deviation
An additional interest of 0.50% on the applicable rate of interest shall be charged in case of deviation from the scheme norms related to Mode of Assessment and / or Security, subject to the discretion of the sanctioning authority.

a. The property should be insured for fire, riot and wherever required against other appropriate hazards, such as, earthquake, flood, lightening etc. by the borrower with usual bank clause for full value of the property.

b. Stock to be comprehensively insured for full value with usual bank clause.

Processing Charges
0.25% of Loan Amount – Maximum Rs.25000/-

Concession in Processing Charges
Based on Score (Rating) considering Security, Length & Quality of Relationship, Exposure (including Group) etc.

Inspection Charges
0.1% of Loan Amount – Maximum Rs.1000/- annually.

Documentation charges, Advocate fee, Valuer fee etc. on actual basis. Loan agreement copy charges: Rs.2/- per page

As per RBI norms presently Accounts with Credit Limit up to Rs.20 Lac shall be classified as Priority Sector Advance.

Details required
a. Application form
b. Financial statements (Audited, if applicable, presently in case of turnover of Rs.100 Lac and above)
c. Copy of Sales tax / VAT Registration
d. Copies of Sales tax / VAT Returns for last four quarters and last Assessment Order
e. Details of property offered as security with its present valuation
f. Copies of Income Tax Returns for the last 2/3 years of the borrower(s) and guarantor(s).

Personal Loan
Secured Loan
Housing Loan
Business Loans
Vehicle Loan
C.C / Hypo Loan
F.D / O.D Loan
Education Loan
Interest Rates