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

(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.
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