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Transport Loans

CHECK LIST OF ENCLOSURES REQUIRED

  1. Bio-data of each promoter with specific details of experience (year wise).
  2. Copy of proforma invoice of proposed vehicle mentioning cost of chassis and estimated and from reputed workshop for Body building.
  3. Photocopy of Ration Card of proprietor/partners.
  4. Two photographs of proprietor/partners (one to be affixed on application form) and one for records.
  5. Copy of the letters sent to Bank(s) authorising it to discuss with D.F.C. the concern's affairs and to disclose such information or furnish such statements as the DFC may request of it.
  6. Income Tax/Wealth Tax assessment orders for last 2 years of the proprietor/partners/director etc. if any.
  7. Guarantors particulars as per proforma.
  8. Any arrangement made for the proposed business/letters of Intent/Enquiries/Agreements etc. for business purpose.
  9. Domicile Certificate to be furnished prior to release of loan.
  10. Processing fee @ Rs. 50/- per lakh and subsequent part thereof payable by Demand Draft/ Bankers Cheque favouring Delhi Financial Corporation upto loan of Rs. 7.50 lakhs (for loans above Rs. 7.50 lakhs, please see our leaflets for processing fee).
  11. Statements of Income & Expenditure expected.
  12. General
  13. In case of Partnership Concerns:
  14. Latest partnership deed on non-judicial stamp paper of Rs.5/- (Rs.3/- at Chandigarh) duly signed by the partners. In case there have been some changes in the past in the constitution previous partnership deeds and dissolution deeds also to be attached.
  15. Partnership to be registered under the Indian Partnership Act, 1952 and Certificate of Registrar of Firms in Form 'A' (Statement of Particulars) and Form 'B' (Acknowledgement) to be sent.

In case of Companies:

  1. Memorandum and Articles of Association of the Company duly certified by the Chairman or Directors authorised in this behalf under the seal of the Company.
  2. Certificate of Incorporation.
  3. Certificate of Commencement of Business.
  4. Resolution of the Board of Directors authorising any two directors to make application for loan of Delhi Financial Corporation/Bank and sign loan application form and other papers.

For Co-operative Societies/Trust

  1. Bye laws of Society/Trust.
  2. Resolution of Managing Committee authorising any two of office bearers to make application for a loan to Delhi Financial Corporation and sign loan application form and other papers.

    
Additional information/documents to be submitted as in case of existing units:

  1. Balance sheets together with Trading and Profit & Loss Accounts for the last three years (Latest Balance Sheet should be duly audited by Chartered Accountants in case the loan assistance applied for exceed Rs.2 lakhs).
  2. Proforma Balance Sheet and Profit & Loss Account of the recent date, if the last Balance Sheet is more than six months old.
  3. Balance Sheet, Trading and Profit & Loss Account statements of the sister/associate subsidiary concerns as well as the concerns in which the proprietor/any of the partners/directors are interested.
  4. List of Sundry Debtors and Creditors.
  5. List of Secured/Unsecured Loans, Deposits, Loans and Advances.
  6. Income Tax/Wealth Tax Assessment order for last two years of the concerns.
  7. Incomplete applications are liable to be rejected.
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