MOU signed with Canara Bank, valid from 01-11-2012 to 30-11

BFCI Section, BSNI- Corporate Office
5th Floor, Bharat Sanchar Bhawan'
Janpath, New Delhi- I 10001
pn,.ZlZZg67 0, 2303744' Fax : 2373 4033
No. 1 -glBFCI/Staff Loan/l 2-13
{qnftrrqfc'rF{es
( qf{f, $rs'R 4-tg-fiFq)
BHARAT $ANCHAR NIGAM LIMITED
(A Govt' of India EnterPrise)
Dated: 14.01 .2013
To
All Circles' IFA
SUB : MOU Sienqd witb ganara B4nF for ex
Emplovees .
nding various Loan Schemes to BSNL
MOU with canara Bank for extending various loans to BSNL employees has been
signed on 11,h January,2013. This agreement is valid from 0l'll '2012 to 30'11'2013' The
general terms and conditions
and Rate of interest are given in Annexure- I ' II and III of MoU'
A copy of the agreement has been placed on our intranet web site i'e'
wrvw.intranet.bs'l.co.in under the head Director (Finance) and sub-head Budget &Finance
Control.
Encl: CoPY of Agreement i t ,'
,\,,1, ,\
I V*i'{
..._zi ) _ *
ICS.GuPta;
DGM (BF III)
Ph.23115103, |3329670
Fax: 23734033
Copy to:
l. The Assistant Generar Manage ro canaraBank, Retail Assets Hub, New Delhi-l '
Regd.office:BharatSancharBhawan,Janpath,NewDe|hi.110001
corporate office: Bharat Sanchar eh.;;, J.npailt, New Derhi-l1001 website: www'bsnl'co'in

INDIA NON JUDICIAL
Government of National Gapital Territory of Delhi
e-StamP
s,:?IJicl eq?
Certificate No.
Certificate lssued Date
Account Reference
Unique Doc. Reference
Purchased bY
DescriPtion of Document
Pi'opertY DescriPtion
Ccnsrderation Price (Rs)
First PartY
Second PartY
StarrP DutY Paid BY
StanrP DutY Amount(Rs'1
f N-DL65079962718105L
0B-Jan-2013 12:33 PM
TMPACC (lv)/ d1739603/ DELHI/ DL-DLH
su Bl N-DLD 17396032994876 10732681
CANARA BANK
Article 5 General Agreement
NA
0
(Zero)
CANARA BANK
NA
CANARA BANK
100
(One Hundred onlY)
Please write or type below this line-
, r f l , '
i t l l , \
( ; l l
\.1 i \l( )l( \\l )i
\il'.Nl()l{.\Nl)t\l()l"t'iNl)l':ltS'l''\\'ll)lN(;
il ()l Ir\l)i-ltS i \\l)lN(i is rrrari,' i-rs ol this il'r' .irt'' ol
It|.'l \\ l.,lr\
\l
l-illlilcti {it5\
l , , .i t-'(|l}-l;.,.i11i it.tt.tli.|)tri.lile tl iltltl:;
'-irl'
r - - 1 r i . j i , 1 . i l " ' I
, il,,

\ct. 1g56. hari'!. its rcgistcrccl .l'llccie.rl'1.*rtc rl'lrcc,t -i''l Itlt''t.,r' Ilhar,t Sittichat'[]hatuatt'
Ilarish Chattclra lr4athrrr l'atuc" 'f atrlltrth" Ncn I)clhi-110001' thror'rgl ivlr' ('handret Sl-rclihar
(iLrpta(r)c'utr(ic'cr.al r,tnn.g.,t- (ciuli,.r.ruthurisccl to ctrtcr i'to thc frcscnt MOLJ)" hcrei'^lier
rcrc'ctl t. as.. llsNr-.-(*,hich t.r,-,-, slrall urci"'r aricl inclr-rclc its sLlcccss.rs itr titlc" subsidiaries'
i-lss()c iatcs. a 1.1l l iatcs. attcl assi gtrs ) o l. tlic ()N 1., l)i\ lt.l..
,,\N l)
(.a.ara rla'r... u bocrr c.rp.ratc. c..stitr-rtccl urclcr thc tla'ki.g conrpttt-tics ('AccFrisitiorl &
.rrar'st-cr.
or-Lr.clcrtaki'g) Acr. 1970. l',o.ing ii, l*'o olllcc at: 112" 'f'(l' I{oacl' }}atugal.rc
(icncral.Matragcr)"(cl'I1' authorisccl to etltct'
56(xx)1. thr.ugh I\,1r. r\s5oh Aggar*irl1l)c1i'tr
irt. thc;,r.r.n, N4Ot11. hcrcir-,ni-., rctL'rrccl t. as "lJatl""'(*hicll tcrtlr shall lllcall arlcl iucluclc
attcl l-lssigtls)ol'thc o'l'lltilt l'r\ll'1"
its succcssors i, titlc. srrbsicriarics.,ss.ciatcs-.l'llliatcs'
BSNr_ a'rl IJu.l., urc c.llCctir clr r.cre'r'r'ctl t. r.rs "thc purtics"'
W t I !,ltlrAS:
l. N4/s. rJliarat Surcrrar Niga'r,i'ritccl (rlsNL) is a courpa.r ir1c.rp-oratccl unclcr thc
(.'rpa.ics i\ct" 1956 ard hirs irs rcgistcrccl or'llcc/c'rf,.,,.utt .illcc ar rrr Irl.or'
IJhar^t Sa.cliar []h,* ar. I l^rish ('ha'c1ru I\4athr-rr l-atic' 'larlpath' Nc* Dclhill(xx)1.
'sNl- is thc largcst tclcc.ur ()pcrati's c.tupall' i. l'tlirl haritrs l'l lalihs
ctttllltlr ccs i-tct'tlss tltc ctlt'tt'ttt'r '
.r..
). [-rcrclrt its c'rirl.rccs. I]SNl- rlcsircs a Sltccial[,oan [)acliagc lor its ctltire stall
strctt!.th otr :\ll lnclia basis'
r. lu irur.sLrl'rcc
.l'trrc ub.rc. r itlc lcrtcr I)atccl 27tl1i1012' ltcl'N.' 1-9/lll;( I/Stal'l'
l,oan,l0ll ll tlsNt. inritcrl llirnlt's p,...rposul tor Vitriotts lotttrs lircilitics lirr its
ctttplor cc{ ()ll all lrlclia trasis
-t. \,iac lcrtcr. rr.. r)(.or'r{.,\r r \r6 r ( i r7-;,'2011 tlatccl 0-1.01 'l0l l' I}arlli sr-rbnrittccl its
pKlposal incorpor.ating tirc trasic tcnns ancl c()nclilions gtlvCrtlitlg the loatl illotrg
*itlr thc s'cci'rcr-r c.1-rics .t'tlic ugrccu'rc'ts/rlocuttrcuts rccluircd to bc signeci b1'
llsNI--s c'r'lo'cc(s) (hcrcinalicr lclcrrccl to as thc "lltlrro*cr(s) )at tlic tirltc o1'
taliing. thc loittt'
-i.
(..rscc..rc'tlr. Bauk has. at thc rctlucst'r'IrsNr,- agrcccl ir 1"r'iuciplc trr lctitl lttltl
rtrrlr irlc ltlatt liicilitics ttt llS N l' ctllllltlVccs/llot'ro$ cr( s )'
. * , ?

(t..l.hc r_Oa' *ill bc c'iclc.cccl bl,tlic Lolul Agrccrncnt'ncl .thcr Ltlau l)tlcttt'ents
(hcrci.iirtcr r.elcrrccr t. r.rs tlic i'r..,'t)oc'nic'ts") to bc cxccrttctl bet*cetl llanli
arrd lJ.rr.*cr.s. L c.'sidcr.uti.'.l' thc loa. lircilitics. thc partics hit'c agrcccl ttr
c\ccLrtc tlrc 'rcscr-rt N,lcn.ra'rir.'' tlr' [ ]'clcrstarrclitg tltl thc tct'tl-ls Lttlcl ctlt-tclitions
lttcllt i tltlctl llcl tln :
NO\\ 'l'lIIS l)l.,li,D wl'l'Nl''ssl1,'l'll "\s Fol',l',owS:
l. .r.liat lJa'k shall grauthc loa'to IISNI-'s curplol'cc(s) '.rlcr thc rarious l-rcad as
rlcr. thcir. rccFrircn*-nt artcl tlic salllc i-ll'c Lls lirllo$ s:
(a) IIousiug Ltlatr irlcItrtlirlg Itcllait' atlcl l{ctrtlr ittttltr'
( rr) ('ar. l,oan/'l u() $/hcclcr [-oau(('ittrara tvlobilc)
(c) I)crsonal Loalu (('atrarilludgct)
( cl ) Irtlucational ['oat't
(c) Nalrrrrtl (ialarlritl Loatt
Ihc l()ttllS rttttlCr thc raritltts hclttls tlS lllelttitlrrctl abtlvc itrc
lus thc "loittt lircilitics"'
collcctir clr rclcrt'ccl ttl
.)
+
().
L
l'hat thc Pltrl'lttsc o1' ltlatr' \4aritltttttl luntottttt. Vlargirl N4otlcr ' Multiplc o1' salarr '
anrl I;ligibilitr ctc. \\ 'r'l' thc loat.ttircilitics applicablc iu rcsl'rcctir c ci.lscs Lll'c
antictccl hclcnith i-ls
- l'
"\llllcrr-tt'c
l-hat t5c gc.cr.l tc''s,.cl
c.'clitio.s afc arluerccl hcrcr,lith as,'\u'cxr"trc - ll'
.l.har thc l:iua'cial euotations i.c. l;loating ltatc ol'lntcrcst lbr thc loatl lircilitics
apltlicablc iu rcspcctirc cilscs urc atltrcrccl hcrcuith as Allllc\LlIc lll'
L r.cs'cct.l Irducati.. [..ars. thc slrrrc shall ['rc as Pcr l.,l. sclic'c r()furs ol the
baril'..
Il-rar thc Ioun lacilitics shall bc sauctionccl bv thc appropriate artthoritics ol'thc
Ilank $ ith all thc asrcccl c0uccssitltls atltl rclit:rl'ttitltrs'
.l-har thc urari'runl liniits lirr tlic loan l'acilitics arc strt-r.icct ro the iucotnc/re par itlg
cLll)acilv tl l' Ilorrtlu ct's.
'l hat thc sccLtritl' lirr thc
sc hcnres.
-..; -.fi9-91 fi c]
{ J I l
! ' ' r "
_l -i

(). lh,t s,lar.r ,.i.udatc to [rc r.cgistcrctl br l]SNl, lirr rccr0rcr\ ()l'irlstalltlrctrts trtlt't-t
thc s.lar.ics .l'llorr.oncrs unil rcrtrittlrrcc 1o thc rcsl^rcctiVc brlttlchcs
10 Whenever there rs revision in the
communrcated
mandate to be got registered
to M/S BSNL to effect revision
and kept with
ROl. the proposed revtsion in EMI to be
in the salary mandate. Revised
the loan papers
I1.'l'hat 'ii'i'rur-n nct tal.,c honrc salurv ol'25ozir shall bc nlaititairlccl alicr rlrcctitlg thc
loan i rtstal I tllct-tts.
11. lhlrt thc l.lirr shall [rc slrnctioncrl in srrch i.r nlartl]cr tltat ltI Ilo sti'lsc the tlct tltl"e
5.rrc salur.r llicr.nrceting ltliin iristallnrcnt is lcss tlilrt l5')'i, tll'thc gross sltlltrr alicr'
'rccti'g alj liabilitics,,clcductions \ t/.. (il)l'.1:N41. lncottrc
'l a.r- ltrsltratlcctc' ln
casc .l'rcc'1-llst,ccl pcrsonsi llcrsons cnrplovccl ot-t col-t'lPassitrtrlrtc gl't)Llllcl" Pctrsicltr
trl'crr'1t,..c shnll bc inclu.lcil lirl calcLrlating 25"h carrY htltlrc salelt'r''
lj. l'hat i' ci.rsc ol' rctircnrcnt,,'rcsignution/tcrnrination/clcath ol' Ilorro$cr' IISNt'
rr'tlcr.taltcs ,.1 to rclcasc tcnninal bcncllts n ithout obtainitru llriot' \'rittctl "Ntl
Ob.icctigl ('crtillcatc" lronr thc lutaltcing branch tll'[]arrli.
l-1.'l'hathc Ilapli shall uot chargc proccssitrg chargcs ()ll thc ltiatr.
15. l'6ut t5c Ilapk shall chargc thc inrcrcst on ntouthlv rcsts otr thc daill'rcdtrcing
trala'cc basis. t)tX)s,r-,,.,ri.1rn',, thc rccorcrccl aru-tout-tt ol'I:MI li'orll thc salat'r o1'thc
cur'lrvcc latcst b1, 15'l'ol'cach rnonth uithout lail. Whctt thc collccrllccl I)lX) has
'-r,rrlc payprcpt nithin cluc tirnc. Illrnli shull not Pass
()ll intc|cst cllltt'l]cs to thc
irrtrlorvcrs ttrr iltt, 1t't dclar ot'i bitt'ik's llchlll.
16. .1 hat llapli s51ll pgt chalsc pclti.ll intclcst lirr ltrcpavttrctlt/lirrcclosltrc
ol'loltt'ts itl
c,sc t5c cniplovce pa\s bach thc loan lionr his/hcr o\\lt soLll'ccs. ltl ctlsc lclatr othcr
lha' I lpgsi,ig l-oa,',.s is tlkclt ()\ cr br othcr banki institutiotrs llrcptlYl'llct-tt Pctlalty 'rl
t o.o
ll.a. lor thc outstancling loutt ittttorttit uill bc lcViccl.
17. Ihitt I'cllil\ ntcnt shall collllt'lcl.lcc ()llc nrouth ulicr clisbtrrsal tll'thc ltlatl.
Itt. lhlt this jcctl sliall bc birrriing rrp()ll thc partics. thcir sLlcccssors ltttcltssigtls.
19.'l'5at alr,peticc. clcpralcl or rccprcst undcr this clcccJ shall bc irl nriting. arlcl shall bc
clclircrccl ['rr 1-rcrsgpal scrr icc or shall bc scnt bl' pctstagc prcllaicl- l'cgistcrccl or
ccr.titlccl rtlril. tclexctl. tclccopierl or scr-rt br ltcrsolt
()r ()\crnight cottrier retttrtr
rcccipt l.crlucstccl. aclclrcsscrl. i1't0 thc 1'rartics. ut thc rcspcctiVc itclclrcss sct lorth irl
t5c 6e'uclipg ol'1[is ricccl. ol at sLre lt othcr aclclt'css as thc aclclt'cssec ll]a\ clcsigrtlttc itl
rir-irilr:. lrirch peticc. tlcrruintl ()r'r'crlLrcsl ltcrcttttdcr shlrll bc tlccttlccl girctt tltt the
rlltc it is tlclirclcl. in thc ctrsc ol'pcrsonul scrr icc. ot'tltc tllttc it is clclltlsitcci rrith
tltc I)osttrl Scrr icc. in thc clsc ol'ect'tiltcd ot't'cgistct'cd ttlitil.
t
f
r
\
i I ;i':l ril;tr "l-'

10. l5irt thc 1-r,r.tics shall hcrcbi'irlcrocabll sLrtrntit to thc cxcltrsirc.iLrrisdictitlt-t ol'thc
(..ur.t r.r'cl lrib'nals in Ncu l)clhi lor purposcs ol' anV sUit' actitltt or otllcr
1-rrocccclins
\\hich rclatcs ro this clcccl. lloricrcr. i1'there is atrr clclhult ol'l:MI otl
t5c 'urt ot'llSNl, cnplorcc'borro\\cr. thc lcgal Procccclillgs
call bc initiatccl at tlic
t'csltce tir c lllltcc ol'tlisbursing bt'lrttcll'
Il. lhut n0 i-uncllrlltlcnt. ntltillcation ()l'fclcasc ll'()nl ()r\\'atiVcr
tll'itttr pro\ision hct'ctll
shall bc cl'ttctirc unlcss iu $riting ancl sigrlcd [ry'thc paftics'
ll. 'l'hat this clcctl ma1' bc exccr'ttccl itt t$o or l.uore counterparts. ciich ol'rihich shall
bc dccmccl an original. but arll o1'$hiclltogcthcr shall crtnstitutc ()uc ancl thc salllc
it-tstt'Lttlctrt.
ll.
aucl thc rigIts lurl 9['rligatitlrts hcrcr-ttrclct'sh1ll bc collslrLlccl Ill
I'hat this tlcccl
ancl sovcrncd irr tlrc sttbstittltivc li-l\\ S ()l' lrlciia'
itccot'tlltttcc rr itlt
l-+. ll' a.r l)r.()\ isi.,n licrcol' is loLrncl t-,) rr court ol' ctttrtllctctrt .iurisdicticin ttl bc
'rohibitcd or Llr-lcnfbrccablc it shall bc iuctl-cctivc onll to thc crtcut tll'such
proliibiti.. or uncnlbrccatrilitr. ancl such prohibitiolt or ttnctllorccabilitY shall not
iu',liclatc thc bllancc ol'such provision to thc cxtcnt it is ttot llrohibitcd or
Llltcutirrccublc- l-tor invaliclatc lltc othct' ;lrtlr isitltrs hcrcclt"
l-\. lrr tlrc c'cr-rt el'a1r clispr-rtc or dil'lcrcncc rclating to: ltrisit-rg li'ottt or collllcctccl $ith
this \4OL i. such clisltgtc ()r clil'lLrcncc shall hc rct-crrccl tr) citlicr llaft\ ttl tlic
arbitr.,tiou ol'onc ol-thc ,'\r'bitrators in thc I)cllarturctrt ol'I)ublic I:ntcrllriscs ttl bc
no'riratccl bv the Sccrctarv to thc (iovcrnmcnt o1'India. irl chargc o1'Ilureau o1'
lr'trlic Irrtcr:priscs. 'l'hc r\rbitration aucl Conciliatiorl Ac1 199(r shall utlt bc
a'plic,trlc to thc .,\rbitration r-rnricr this clausc, .l hc aultrtl ol'thc r\rbitrattlr shall
6c bi'4i'g Ltpou thc ltartics t() thc tlisltutc. [)r()\iclccl. htlNcrct'- i-ll]\ ;lat'tr ltgel'icrc'-l
l.rr srrch ari,r.cl nra\ r'r.urlrc a liu'tlrcr rclL'r'cncc lor scttirtg itsiclc 0t' t'cr isi()ll ()i'ltrtat'tl
t. tlrc [.lru Sccrctu;r. l)cplrrtnrr]l]i ol' l.cgal ,\1'lirirs. N,lirristrr ol' I-ltrr & 'lirsticc'
(j.r cr.rprcrrt gl' lpclia. t,pon sLrch rclcrcrrcc. thc dislttttc slrall bc clcciclccl br thc
'l'hc
[.u* Sccl.cti-ir.r.159sc.1",-]isi..,n shall bincl thc partics lrnarlll ancl ccltrclltsiYcll'.
partics ip thc clispute u,ill sharc cclr-rallv thc cost ol'arbitration as intituatcd by' the
r\r'bitt'atot'.
l(t.'l'hat tlic banl.. shall ltoutinatc lit lcast onc trranch (in casc thcir lll()rc thittt tltrc
bra'ch sl'thc baph) 1t cacI Scctlntlurr Sn itching Arca(.l clccottt I{cr clllrc I)istrict
lirr. sulctitlp. parurcnt ol' loan r,rncl pinurctrt o1' lrVll rccorcrccl br llSNl" l'his
N,lOti shall bc bipclipu l,rpgl bolh thc partics oll all lnclia lcrcl.

21 .l:ithcr' pitrtr cttll tcrlltittittc tlte N4OLIbl.gii.il.Igtitroticcrll.g()clatsinrrritirrg'
lloricvcr. all thc clatrscs ol'thc N4Otlsliall bc binclittg atlcl culirrccitblc in rcspcct
tll' tlirtstanrlins l0ans rrntl itltct'cst tttlthc clatc Ol' tct'ttlitlittiotl irt'cspcctiVc tll' strclt
tcrtllittatiotl
llJ.,,\ll .thcr.rcr.'s'ucl conclitions us l)cr N,lol.l shall bc applicablc ou both thc partics'
29. '[ his asrccl'llcnt is valicl ll'otlr l.lI 1012 to 30.11.2013
lN \\'l'l'Nl'.SS \\'lllil{l'.O1"- thc pa|tics liarc
Sgll tg bc ul'tixccl ttl thcsc llrcscttts Ott thc tlar
citttsccl thcir rcspcctivc ('otttt'tttltl
month atltl r cltt' llrst hcrcittabtlr c
ririttcn. at Nsr I)cllii.
F'OR M/S. I}IIi\ITA'I' SANCIIAII. NIGAM I,IMI'I'EI)
F'OR. CANAITA I]ANK
!lat'ritgct'( tllrC I )
IJharat Sartchai ,iganr l,irtritccl
('ot'1'roritlc O t'flcc.Ncu | )clhi
tN,rr.'l,.tTitrffr$ a'l)
l)cputr (icr;o{allvlauascl'.
Catrairit Ilfnk
(lirclc Ot'llcc.Nov l)clhi
l)cputv N4anagcr
Ilharat Sitttchar \ isittlrI inritcd
('or1'rorittc Ol'l'iec. \ cu I)clhi
tr* #.ln tfi,/ For CANARA gAN(t)
c4!_
*a-__*:=.-W. *"
fiT:r{

ANNEXURE I\
RELAXATI'NS UNDER VARIOUS RETAIL LENDING SCHEMES IN RESPECT OF
LOANS TO THE EIVIPiOYEES OF BSNL ON ALL INDIA BASIS
scHEME
"",,.* ir,.n,*-",
i
*'lS;'
frousins * ".11 :::Jno*Ttr:,,ff 1X1""^i33llH"i,,f;';
I :=":.:T-l
lPurclase:r,^l::-t"",?,:,::'j]il"il;ili'os; saiarylproyees.with 5r zoYo ffili*:.:il
il;" ;;;;,;-l
i!:i; H::1il:Y:l::"'ii",'""Jr;!:11yfi:::::,':'Tfl",1l5iJ:":l*n
'""'
so '"'ui"" i ':lr :l *'"i '
:::,'u
;::".:i'?,:j^ j::':fil ["';' ;""1'-';""or"ilJ
Fi*"*ii['l!"*n\i:;:rffr.,fl$t"l?"fti
irai"-qff:3""",'i;:i\';;: iiri,,r.",fl$ l"l?rf; I
vate builders
lllon fltaxrrrru'rl
For rePairs and renovationLlacs
,' fft,:r.::1 ''\ "
\:];::""' :ll;::""'
,'\
cANArrA imnn":nJ;'! i'"-=;'j".ll"-"^
84 month
^"'-!3i*","??ii"1",ffi::'"fi;tffii: ?;'.. T:i
vrourlE
',car
)i *i,-"r"r I
, puRposE I ouaNruur I ro wHotlt 1
rvrrncrH
l;f1"3'oti"3'""*'n''"'"'lfiiniJi,'-oJ'y11iig1?.
lRs s uu racs
T:i
j;;;
or125o/o ror oldl
\ ini - gooo/- P m iY:ll'r"' i
canara lpurchase or lg*
vrotofto"ti'^u.
::"t3:R til 60months
Oanafa iHufcnase rr(tvv 'v'vrv' ' v I
tm Ofi ll"t"lr?["il;i
lfoao pflce lol
/scooter/ Moped
''i
\H[ir.lo Su*'t"'
inew vehicles
{;'il'r"u_1"u.'"
ano 25To for
ler
(,ANARA
il r i i,,(, t- I
old vehrcles
To meetgenuine
Personalll0 times of gross salarY Confirmedem_l NOT ApPLI- I
f inancral reqLlirements subjecto a maxrmum of
CABLE
lPloYees
Rs 5.00 Iacs
it'lA.iURAL ro mu"t t,n"nitai needs ofl5 trmes of aaiig payorConf
irmed em-
with
C/rt-Al/llTY
BSNL um-lRs5O000/- whicheverisployees
ployees affected bY naturallless
minimum 3
years of servrce
cala m ttres
I
60 rnontrs
Montl^ts
l
W'"/t'
qittl
)W\<
-i'iF / Fa; U,.t.,1,17\i?A-Hir(''lK
rx.3-aaf!L'r3+ti
0,. . rtr"
: J

ANNEXURE II
1
VARIOUS RETAIL LENDING
GENERALTERMSANDcoND|T|oNSINRESPECToF
LOANS TO THE EMPLOYEES OF BSNL, ONALL INDIA BASIS
THE SALARY DISBURSING
SALARYMANDATEToBEDULYREG|S|EREDW|TH
AUTHORITY
.)
L.
4
B
q
The maxtmum limits for the above loans quoted are sublect to the income / repaying
capacrty of the emPloyees
Except Housrng roan, repaymento commence one month after availing the loan'
In respect of Housing roan commencement of repayment shail be as per Housing loan
scheme
rn respect of housing roans, maximum dwelrrng unit per borrower shall not be more than
2 unrts to be covered under the package
Minimum net take home salary of Zlo/oto be maintained after meeting the proposed loan
in sta llm e nt
l-he loan will be sanctroned rn such a manner that at no stage the net take home salilry
after meetrng proposed roan instailment is ress than z5o/of the gross salary
No processtng charges v,rill be charged on tfre loans
The interest will be charged on monthly rests on the daily reducing balance basis' The
rates are linked to BASE RATE
10
Ail the concessions are applicable for fresh loans only
MinrmLlm anount of the loan will be Rs 25000/- in the case of Natural calamity advance
11
and rwo wheeler advance In all other cases rt wrll be Rs.50000/- per occasion' However
the bank can give loan for a lesser amount also at its own discretion
1 a
l1_
No rollover is Permitted
rl r\
[A\t]1r',
/
i,:A.l\A[qA tsAivlt/
q_-

ANNEXURh- III
OF VARIOUS RETAIL LEND.
coNcESS|oNALRATEoFINTERESTINRESPECT
ING LOANS TO THE EMPLOYEES OF BSNLON ALL INDIA BASIS
Nature of loan
Housing loans uPto Rs 30
lacs
RepaYment Period
Upto 10 years
>10 years & uPto 30 Yrs
Rate of lnterest
BASE RATE i e 105070
BASE RATE + O
25% i e '1 0.7 5o/o
Canara Mobtle
Canara Budget
Natural CalamitY
4 Wheeler: 84 Months
2 Wheeler 60 Months
60 months
30 months
BASE RATE + 0 25u/o i e 10 75Yu
BASE RATE +275o/o, PresentlY
13 25oh P a
BASE F.ATE +3oh, PresentlY 13 50%
o. a.
s77ra/FJ