Online Application for MSME Loan
INDIAN OVERSEAS BANK ONLINE MSME LOAN APPLICATION  

APPLICATION FORM FOR MSME LOAN

(Please Read The Application Form Carefully Before Filling. Fields With * Are Mandatory.)
1.Application Date
2.Name Of The Enterprise* 3.Premises
4. Regd. Office Address*
Door/Street :
Locality :
City :
State :
5. Address of Factory/Shop*
Door/Street :
Locality :
City :
State :
6.Telephone No.* 7.E mail Address*
8. Mobile No.* 9. PAN Card No.*
10. Constitution* 11. Date Of Establishment / Incorporation [dd.mm.yyyy]* Calender
12. Udyog Aadhaar / Registration No.*
12.Select State* 13.Select District*
14.Enter City/Town/Village* 15.Select Branch where Loan is required*
14. Name of Proprietors/ Partners/Directors of Company and Their Addresses: *
IOB Customer Customer Id Name Date of Birth Sex Father/Spouse Residential Address  
Calender

Academic
Qualification
Mobile No. Telephone No
(Residence)
PAN No. Aadhaar No. Category Experience
in the line of
activity (Years)
Relationship
with Bank
Officials
 
15.Activity Existing*      Since (YYYY)  *

Proposed (Other than Existing Activity)  

16. Whether the MSME unit is ZED rated         Gradation    
16. Names of Associate Concerns and Nature of Association:
     
Name of Associate Concern Address of Associate Concern Presently Banking With Nature of Association Extent of Interest as a Prop./ Partner/ Director or Just Investor in Associate Concern  
 17(a).Credit Facilities(Existing)(Rs.In Lakhs)
    
Type of Facilities Limit
(Rs.In Lakhs)
Outstanding
(Rs.In Lakhs)
Presently Banking With Security Lodged Rate of Interest Repayment Terms asset Class
Current Account
Cash Credit
Term Loan
LC/BG
Savings
Others
17(b).It is certified that our unit has not availed any loan from any other Bank/ Financial Institution in the past and I am not indebted to any other Bank/Financial Institution other than those mentioned in the 17(a)columns
18. Credit Facilities (Proposed)*
Type of Facilities Amount(in lakh) Purpose for which Required Security Offered
Primary Security (Details with approx. value to be mentioned) Whether Collateral Security Offered (Please mention yes or no) (If yes, then provide details field NO. 20)
Cash Credit    
Term Loan        
LC/BG        
Others        

19.In case of term loan requirements, the details of machinery may be given as under:

Type of Machine Purpose for which Required Whether Imported or Indigenous Name of Supplier Total Cost of Machine ( in case of imported machine, the breakup of basic costs, freight, insurance and customs duty may be given) Contribution being made by the promotors Loan Required  

19(a).Basis of Cash Credit Limit applied: (in Rs.):

Actual sales Projected
FY-2020 FY-2021 Sales Working Cycle (Months) Inventry Debtors Creditors Other Current Assets Promotors Contribution Limits

20. Details of Collateral Security Offered, if any, including third party Guarantee #

       (# As per RBI guidelines banks are not to take collateral security for loans upto Rs. 10 lakhs to MSME Units)

 a) Third Party Guarantee
IOB Customer Customer Id Name Father/Spouse Residential Address Telephone No
(Residence)
Mobile No Aadhaar No Pan No Net Worth
(Rs in Lacs)
 
 b) Other Collateral Security
Name of Owner of Collateral Collateral Security Nature Details of Collateral security Value (Rs in Lacs)  
Past Performance / Future Estimates (Actual performance for two previous years, estimates for current year and projections for next year to be provided for working capital facilities. However for term loan facilities projections to be provided till the proposed year of repayment of loan)
Rs. in Lacs Past Year II
(Actual)
Past Year I
(Actual)
Present Year
(Estimate)
Next Year
(Projection)
Installed Capacity Utilized Capacity
Net Sales
Net Profit
Capital (Net Worth in case of Companies)
21. Status Regarding Statutory Obligations:
Statutory Obligation Whether Complied with (select Yes/No).If not applicable then select NA Remarks(Any details in Connection with the relevant obligaiton to be given)
1. Registration under Shops and Establishment ACT
2. Registration under SSI (Provisional /Final)
3. Drug License
4. Latest Sales Tax Return Filed
5. Latest Income Tax Returns Filed
6. Any other Statutory dues remaining outstanding

(Reload)
Before submitting this form, please type the characters displayed above in the Box.
I/We hereby certify/authorise that all information furnished by me/us is true, correct and complete; that I/We have no borrowing arrangements for the unit except is in the application; that there is no over dues/ statutory dues against me/us/promoters except as indicated in the application; that I/We have not been declared as defaulter/wilful defaulter by any Bank/FS and no Legal action has been taken/initiated against me/us by any Bank/FIsI/We shall furnish all other information that may be required connection with my/our application that this may also be exchanged by you with an agency you may deem fit and you, your representatives or Reserve Bank of India or any other agency as authorised by you, may at any time, inspect/ verify my/our assessment of account etc. in our factory/business premises as given above; you may take appropriate safeguards/action for recovery of Bank?s dues including publication of defaulters name in website/submission to RBI; further agree that my/our loan shall be governed by the rules of your Bank which may be in force from time to time..
Application is subject to production of documentary proof of KYC requirements fixed by RBI & Other needful documents