FCE FARMER CAM : CREDIT APPROVAL MEMO
1 | SOURCING DETAILS (from Application)
Application form | Program | FCE - FARMER FUNDING
Application Date | 09/11/2014 | Application Ref No | 123456.00
TP | Corporate/ TP Name | ABC
Dealer | Dealer Code | 12345 | Company Name of Dealer | Deccan Sugar Pvt Ltd
2 | APPLICANT DETAILS (from Application)
Applicant | Name of Applicant | xyz | Age | 33
Residential Address | Village | eeee
| Taluka | rrr
| District and PIN | dddd | 123456
| State | dddddd |
Address of land where MIS is to be installed |  |  | werd
Loam Amount requested |  |  | 180000
Internal Score of Applicant |  |  | N - TPF 3
3 | Co-APPLICANT DETAILS (from Application)
Co-Applicant | Name of Co- Applicant | 0 | Age | 0
4 | GUARANTOR DETAILS (standard)
Guarantee | Type of guarantee | Corporate + Dealer Gurantee
5 | FARMER'S CROP AND LAND DETAILS & HIS /HER RELATIONSHIP WITH THE CORPORATE
Crop | Type of Crop | Sugarcane | Number of years of Association with the Corporate/TP | 6
Land is on farmer Name | Application form | Charge if any on the land where MIS is installed | no
Details of Yield and Amt received from Corporate | Previous year | Current Year | Projected for next crop cycle
1. Total Yield from the Crop in quintals sold to Corporate/TP | 1500 | 1600 | 1800
2. Net Amt received for the produce | ₹ 337,500 | ₹ 360,000 | ₹ 405,000
6 | Presanction / work order details (Details to be entered if applicable ; pl mention "Not Applicable" if no Presanciton or work order is available)
Subsidy | Beneficiary Number |
Application number |
Work-order | Date of presanction / Work order |
Expiry date of presanction / Work order |
7 | SECURITY DETAILS
Security | a | MIS Hypothecation | Yes
b | Dealer Guarantee | Yes
c | Corporate Guarantee | Yes
d | Subsidy is being availed by farmer (pls ensure to fill the details of subsidy and check the govt website) | Yes
Repayment | a | Crushing Season 1 | Crushing Season 2 | Crushing Season 3
Year | 0 | 0 | 0
8 | DEFERRALS | CLEARED : Yes/No
Sanction Conditions | 1 | Farmer photo missing. | No
2 | Dealer sign missing on quotation | No
3 | Farmer self-attestation missing on 7/12,8A & Quotation | No
4 | Quotation does not belong to applicant | Yes
9 | MITIGATIONS
| a | Work order from Sugar Factory is available |
| b | Applicant has been associated with the firm for more than 4yrs |
| c | Insurance coverage for Applicant |
| d | Indemnity Bond from Dealer Guarantor |
REMARKS BY CREDIT REVIEWER
Farmar related queries regarding,Self attestation, Photo Also Dealer sign missing.The same has been raised in queries and send to operation staff and dealer. According to confirmation recived from field staff, the self attestations and all other missing documents will be receive/done at the time of disbursement.
OTHER CREDIT CHECKS
Field Visit status | Positive | Famer profile | Farmer only
DEVIATIONS | For the use of Credit Approving authourity
| Type of Deviation | Level | Deviation Description |
1 | Self-attestation pending on documents other than KYC | SCM 1 | Applicant and dealer will sign all the documents before signing the sanction letter or sending the file for disbursement | Approved
2 | OTC request on document availability other than KYC | SCM 2 | Applicant will provide the same within 30 day or before disbursement | Approved as a PDD
3 |  |  |  |
4 |  |  |  |
FINAL APPROVAL DETAILS
1 | SANCTIONED AMOUNT | ₹ 170,000
2 | ROI | 12.00%
3 | TENURE | 30
4 | Processing Fee | 1%
5 | APPROVAL COMMITTEE | FALSE
REMARKS BY RECOMNDING OR APPROVING AUTHOURITY | Name of Approving Authourity
1 |  | Sagar Chavan
2 |  | Meenal Bhadrish
3 |  | Biranchi Mishra
4 |  | Anup Shah
5 |  | Avijit Majumdar