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Check List of essential papers and documents that have to be enclosed with an application for any industrial credit

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1. The applicant must have a Current Account with any branch of Agrani Bank not far a way from the proposed project

2. Prescribed Loan Application Form to be duly filled out and signed by the applicant along with attested photographs, Academic Certificate (if available) and Experience Certificate (if available)

3. Mortgageble Title Deeds and documents (sub-kabla/lease deed/deed of sale agreement/allotment letter etc.) of the land/ building of the proposed project.

4. Layout plan, elevation etc. of the proposed project along with Site Map and Estimated Expenditure (in accordance with SL-9 of the prescribed form)

5. Information, with breakup of fixed investment, current investment, unit price for purchasing raw materials, unit price of finished products and statement of projected Income & Expenditure

6. Project Profile on Feasibility and Financial analysis

7. Declaration of any liability with any Bank, Financial institution or Individual.

8. Letter of consent from the competent authority of different Utility Services like electricity, gas etc. & Letter of Compliance from the applicant in this regard.

9. No Objection Certificate (NOC) from local authority on establish the project in the concerned area

10. Solvency Certificate of the Applicant and Income Tax Certificate with TIN numberv 		11. Memorandum and Article of Association, Certificate of Incorporation and Certificate of Commencement in case of limited company and Registered Deed of Partnership in case of Partnership Firm.

12. Copy of Resolution of General Meeting of the Company authorizing to avail of credit facility.

13. Performance (worth, turnover, profit etc) and liability position of sister concerns of the applicant.

14. Trade License from local/competent authority.

15. 3 sets of quotations from 3 different suppliers (both local and overseas) for procurement of machinery, furniture and equipment with detailed description of origin, brand and model.

16. Additional papers, in case of "Balancing, Modernizing, Replacement & Expansion" (BMRE) of any existing industry:
  • Evalution & Feasibilty Report justifying replacement of existing machinery by new ones that should increase production capacity
  • Audited, Provisional or Projected Balance Sheets.
17. Letter of Consent from owner of the land where the proposed project is due to be set up, in case the land belongs to a third party.
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