Loan Documentation 03-Jul14

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 Loan Documentation and Pr operty Mortgage Presented by: Operations Division Date: 5 th  & 6 th  July 2!"  # raining on

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Transcript of Loan Documentation 03-Jul14

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Presented by: Operations DivisionDate: 5th & 6th July 2014Training on

Session AGeneral Loan DocumentationSession BEquitable Mortgage/ MDTDSession cRegistered Mortgage

Session A

Why documentationApproval5Approval TermsCapacity to execute contractual obligation and possess assets by the obligor. Borrowers Legal FormLegal Entity CreationBorrowing PowerRJSC certified copyRegulationGeneral Loan DocumentsBoard resolution covering object clause of the borrower with amount & signatory11Auxiliary Documents12Personal Guarantee13Corporate Guarantee14HypothecationHypothecation16Hypothecation Modification 17Charge CreationCharge filing with RJSC within 21 days of executionSecurity Cheque19Insurance20Lien over FDR21Loan Takeover22