Union IPO Loan Application

2

Union IPO Loan Application

Date :

From :

To

The Asst.General Manager/The Chief Manager

Union Bank of India

______Branch

Dear Sir,

Sub: Request for a loan of Rs. for acquisition

of shares through IPO

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I/We am/are maintaining my/our saving/current account with you since ______. The number of my/our Savings/CD account is

2. I/We am/are interested in subscribing to issues being floated through IPO. I/We request you to sanction us a loan amount of Rs. ______. I/We hereby declare that the amounts sanctioned would be utilized only for the purpose for which it is sanctioned.

3. I/We shall abide by all the terms and conditions of the Bank’s scheme.

4. I/We, am/are willing to open a new DP account with you for the exclusive purpose of this loan and agree to create charge thereon until the loan is fully liquidated.

5. The repayment of loan will be secured first by the refund from this application money and the balance will be repaid by me/us in full.

5. The details of my DP account are furnished in the annexure.

6. My/our personal details are furnished in the enclosed annexure,

Thanking you.

Yours faithfully,

Annexure

Union Bank of India – UNION IPO LOAN APPLICATION FORM

NAME : ______

ADDRESS

Office ______*Residential ______

______

______

______

______

Residing since ____years___ months at the

Above address ( if the period of stay is less than

2 years, furnish previous address also)

Telephone : ______Telephone ______

(with STD Code) (With STD Code)

Mobile No. ______E-mail: Office:______

Personal: ______

Permanent Address:______

______

City/Town______State:______Pin Code:

Service Particulars/Income Particulars :

Years of Service: ______Present employment with designation: ______

Monthly Salary (Gross): ______Nature of Business : ______

Monthly Salary ( Net): ______Annual Gross Business Income: : ______

Annual Net Business Income :______

Monthly deductions/:______Annual expenditure/ :______

Expenditure deductions

Surplus :______Surplus:______

V. Bank Account Particulars: VI. Whether loan taken from any other Bank? /branch, if so particulars: Give particulars (mention if any overdues)

Name of the Bank &
Branch / Type of Account
(SB/CD) / Account
since when /

Details of borrowings, if any, from Banks

( including Union Bank of India)

Name of Bank Branch / Nature of limit and amount / Present outstanding

VI. (a)Whether loan taken for any other IPO earlier (if yes)

Name of IPOs ______Number of shares applied for ______

(b) Whether loan availed for such IPO from any Bank? If so the name

of Bank ______and the amount of loan availed Rs.______

© Whether the said loan is adjusted or still outstanding? Yes/No

if yes, furnish outstanding RS.______and overdues, if any Rs.______

(1)  I/we hereby agree, declare and undertake that the information furnished hereinabove are true to the best of our knowledge and belief and in case any of the information is found to be false at a later date, the Bank has right to recall the advance and initiate appropriate action against me/us as it may deem fit.

(2)  I/We authorize Union Bank of India to exchange, share or part with all the information relating to my/our loan details/repayment history/information to other Union Bank Branches/Banks/Financial Institutions/Reserve Bank of India/CIBIL/Credit Bureau/Agencies/Statutory Bodies as may be required and shall not hold Union Bank of India and/or its agents liable for use of this information.

Place: Applicant’s Signature

Date:

List of documents attached:

-Passport size photographs of the applicant (2 copies)

-Latest salary certificate and form-16 in case of salaried persons

-Latest IT return copy

-Proof of residence and identity ( Ration card/Driving License/Telephone Bill/Electricity Bill/Voter ID/Passport)

-Copy of PAN Card mandatory