Shriram City Union Finance Limited - Karvy

c) Term Loans:i. From Financial Institutions/Corporate :As at March 312011(Rs. In lacs)As at March 312010Secured by an exclusive charge by way of hypothecation of assets underfinancing.6500.00 9530.00Total 6500.00 9530.00ii. From Banks :Secured by an exclusive charge by way of hypothecation of assetsunder financing.295677.28 104634.17Total295677.28 104634.17d) Cash Credit from BanksAs at March 312011(Rs. In lacs)As at March 31 2010Cash Credit from Banks 134896.09 145372.61Secured by an exclusive charge by way of hypothecation of receivables relating to assets under financing.2.Subordinated DebtThe Company has as on 31.03.2011 subordinated debt bonds amounting to Rs. 53272.33 Lacs (March 31,2010:Rs. 53002.95 Lacs) with coupon rate of 7.00% to 13.00% Per annum which are redeemable over a period of 60month to 216 month.3. Gratuity and other post-employment benefit plans:The Company has an unfunded defined benefit gratuity plan. Every employee who has completed five years ormore of service gets a gratuity on separation at 15 days basic salary (last drawn salary) for each completed year ofserviceConsequent to the adoption of revised AS 15 ‘Employee Benefits’ issued by the ICAI the followingdisclosures have been made as required by the standard:F-53