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THE PUNJAB PROVINCIAL COOPERATIVE BANK LTD.
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                                                    LOAN AGAINST LIQUID ASSETS

Financing against liquid securities is designed to provide credit assistance to individuals / farmers & businesses in minimum possible time without compromising on the quality of the credit.
Financing under this scheme can be availed by farmers, individuals, cooperative societies, proprietors, partnership concerns & limited companies.
Funded Facilities could be Term finance & Running Finance facility

TERM FINANCE FACILITY
Minimum amount                                        Rs. 100,000/-
Maximum amount / total exposure        Rs. 3,000,000/-
Tenure                                                                        Maximum 1 year
Re-payment       Equal installments on Monthly / quarterly / semi-annually / lump-sum (PL + M-Up)
Markup rate as per pricing grid
Security as per acceptable security grid

RUNNING FINANCE FACILITY
Minimum amount           Rs. 100,000/-
Maximum amount / total exposure           Rs. 3,000,000/-
Tenure Maximum 1 year but can be rollover at expiry
Re-payment Markup on Monthly / quarterly / semi-annually / lump-sum basis. Principal at expiry of facility.
Markup rate as per pricing grid
Security as per acceptable security grid

Eligible Liquid Securities:
Defense Saving Certificates, Special Saving Certificates, Regular Income Certificates
Deposit with PPCBL branches
Deposit kept with other commercial banks.

Security Margins:
Type of Security                                                                 Margin required
National Saving Certificates (DSCs/SSCs/RICs) 15% of face value of collateral paper / deposit
Deposit with PPCBL (local currency) 15% of face value of collateral paper / deposit
Deposit with other commercial banks (local currency) 20% of face value of collateral paper / deposit

Pricing Grid:
Type of Security                                                 Price
National Saving Certificates (DSCs/SSCs/RICs) Base rate of security paper + 2.0% p.a.
Deposit with PPCBL (local currency) Base rate of deposit + 2.0% p.a.
Deposit with other commercial banks Base rate of security + 2.5% p.a.

Processing fee:
Type of Security                                                 Price
National Saving Certificates (DSCs/SSCs/RICs) Flat Rs. 1000/-.
It shall be recovered at the time of loan application received from intending borrower.
Deposit with PPCBL (local currency)
Deposit with other commercial banks (local currency)