BLG00035724 ApplicationForm

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BUSINESS APPLICATION FORM

Application ID : BLG00035724
Borrower Details/Entity Details
Name of Entity MAHALAXMI CRANES

Account No. 102505502315

Operating Address of the Entity 4048,BLOCK J SECTOR 49,SAINIK COLONY, , FARIDABAD,


HARYANA-121001

Mobile Number 9310336465

Email ID [email protected]

PAN AKMPR1389M

City FARIDABAD

State HARYANA

Pincode 121001

Constitution PROPRIETORSHIP

Nature of Business Service Provider

Date of Incorporation 23-02-2019

Date of Commencement of Business 23-02-2019

GSTIN 06AKMPR1389M1ZE

GST Registration Date 23-09-2019

Since NA

No. of Employees 5

Proposed NA

Industry Construction

Details of Collateral Security offered


Type of Collateral Tentative Valuation (In Mn) Is the collateral offered self occupied?

Residential 5 Self Occupied

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Details of Security provider
Property Owner / Address of Property Owner PAN/Aadhar Mobile/Telephone Date of Birth/Date of
Guarantor Name / Guarantor Name ID no Number Incorporation

ROHIT ROHIT K 4048, sainik colony sector AKMPR1389 9310336465 31-08-1987


49 M

Banking Details
Existing Limit
Existing Bank Existing type of Requested type of Requested
Take Over Amount (in
Name Facility facility limit (in mn)
mn)

NA NA NA NA Overdraft 2.5

Management Details
Type of Key Name of
ID
Managerial ID Proof Mobile No. (Prop/partner/Dir DOB/DOI Address
Number
Personal ector/Guarantor)

Proprietor PAN AKMPR1 931033646 ROHIT ROHIT 31-08-1987 K 4048, sainik colony
389M 5 sector 49

Details of associate/ group entities


Date of
Name of Entity City Pincode PAN Relationship
Incorporation

Specific parameters used for assessing credit limiTerms and Conditions

1. I/we declare that all the particulars and information and details given/filled in this application form are true, correct,
complete and up-to date in all respects and that I/we have not withheld any information whatsoever. I/We shall
furnish such additional writings as may be required in connection with the financial assistance /s required by me/us.
I/We understand that certain particulars given by us are required in view of the guidelines governing banking
companies.

2. Except to the extent disclosed to ICICI Bank, I/we confirm that no insolvency proceedings or suits for recovery of
outstanding dues or monies whatsoever or for attachment of my/our assets or properties and/or any criminal
proceedings have been initiated and /or are pending against me/us and that I/We have never been adjudicated
insolvent by any court or other authority.

Details of any such proceedings/suits/recoveries/attachments as referred to above: ---------


------------------------------------------------------------
3. Except to the extent disclosed to ICICI Bank, no director or a relative /near relative (as specified by RBI) of a
director of a banking company (including ICICI Bank) or a relative /near relative (as specified by RBI) of a senior
officer of ICICI Bank (as specified by RBI) is: the Applicants(s). or a partner of our concern, or a trustee, member,
director, employee or our concern, or of our subsidiary, or our holding company, or a guatantor on my/our behalf, or
holds substantial interest in our concern or my/our subsidiary or holding company .

Details of any such relation as referred to above: ----------------------------------------------------------


-----------
4. No action or other steps have been taken or legal proceedings started by or against me/us in any court of law /
other authorities for winding up, dissolution, administration or re-organisation or the appointment of a receiver,
administrator, administrative reveiver, trustee or similar officer or for my/our assets.

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5. I/we authorize ICICI Bank Limited (ICICI Bank) and all its group companies and their agents to exchange, share or
part with all the information and details relating to my/our existing loans / financial assistances and /or repayment
history to other ICICI Bank group companies, banks, financial institutions, credit bureaus, agencies statutory bodies
etc. as may be required or as they may deem fit and shall not hold ICICI Bank (or any of its group companies or
its/their agents /representatives) liable for use/sharing of this information.

6. I/we understand and acknowledge that ICICI Bank shall have the absolute discretion, without assigning any
reasons (unless required by applicable law), to reject my/our application and that ICICI Bank shall not be
responsible/liable in any manner whatsoever to me/us for such rejection or any delay in notifying me/us of such
rejection and any costs, losses, damages or expenses, or other consequences, caused by reason of such
rejection, or any delay in notifying me/us of such rejection, of my/our application.

7. I/we undertake to inform ICICI Bank regarding any charges whatsoever in my/our addresses, as specified herein
above or employment/profession and to promptly provide such further information that ICICI Bank (or its
designated group companies or agents or representatives) may require.

8. I/we agree that ICICI Bank Ltd. & its Group Companies reserves the right to retain the photographs and documents
submitted with photo-card application and will not return those to the applicant.

9. I/we understand that Front end fee is leviable for the processing services provided for the credit assessment before
its app roval/sanction , hence it is non-refundable and I/we are agreeable to this.

10 I/we also authorise ICICI Bank to check references about me from any bank/persons
.

11 I/We authorise ICICI bank to deactivate the existing debit card, upon disbursement of any credit facility in the
. current account

12 I/we hereby further confirm that, I/we have no objection on ICICI Bank Ltd getting credit guarantee cover from
. CGTMSE (applicable in case of CGTMSE propos- als only)

13 The Applicant has/have no objection to ICICI Bank Limited, its group companies, agents/ representatives to provide
. me/us information on various products, offers and services provided by ICICI Bank Limited/ its group companies
through any mode (including without limitation through telephone calls/ SMSs/ e-mails) and authorise ICICI Bank
Limited, its group companies, agents/ representatives for the above purpose. (Please tick Yes or No, as acceptable
to the Applicant) -- Y/N

14 I/we declare that: (i) I/we am / are competent and fully authorised to issue such declarations, confirmations,
. agreements and undertaking and submit this application form for the purposes of borrowing /availing of the
requested facility, and to execute all other documents required by ICICI Bank for such purpose; (ii) all such letter(s)
of authorities / power(s) of attorney, if any, executed by me/us in favour of any person/s and which is/are submitted
to the Bank, is/are valid, subsisting and has/have not been revoked by me/us.

15 I/we acknowledge and agree that the grant of the facility by ICICI Bank to me / us shall be subject to compliance by
. me / us of the terms and conditions set out under this Application Form, CAL, FA and its schedules (collectively,
the "Facility Terms"); (ii) All the terms and conditions set out in the Facility Terms shall govern and apply to the
facility and all my/our obligations (as well as ICICI Bank's rights and remedies) in relation thereto, if the facility
applied for by me/us herein is sanctioned and granted by ICICI Bank based on my/our application

Rate of Interest: Interest rates on business loans are linked to Repo Rate. The maximum interest rate and commission
applicable for the product are as under :

ROI :- Repo Rate +5.75% p.a.

Processing Fees (PF): 0.75% p.a.


(Out of total applicable PF, Rs 5,000 excluding applicable tax will be deducted upfront at the time of in-principle
sanction)

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Final applicable rate is decided on various other parameters and will be communicated in the Credit Arrangement Latter
(CAL)/ Initmation Letter.

(i) The applicable Repo Rate shall be the rate prevailing one Business Day preceding the date of account opening
/limit set-up /renewal. The Borrower shall be deemed to have notice of changes in the Repo Rate when displayed
on the notice board of the Branch or displayed on Bank's website (www.icicibank.com) and the Borrower is liable to
pay such revised rate of interest. *"Repo Rate" or "Policy Repo Rate" means the rate of interest published by the
Reserve Bank of India ("RBI") on the RBI website from time to time as Repo Rate or Policy Repo Rate.

(ii) Other Charges: Other charges such as stamp duty, title search report charges, valuation charges etc, as
applicable, are payable on actual basis.

Aggregation of above charges will give "all-in-cost" on the credit facility availed. Please refer www. Icicibankltd.com for
further information
I/We hereby confirm that I/we have received acknowledgement slip of my/our application form submitted to ICICI Bank
Limited for Working Capital Loan

Applicant Signature - ______________

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