Timelines for Sanction of Loans/Advance
I. Timelines for Loan applications upto Rs. 2.00 lac
| Particulars |
B.O. Level# |
Z.O. Level## |
| Fresh/ enhancement proposal |
10 days |
10 days |
| Renewal/reviewal proposal |
07 days |
07 days |
| Adhoc |
05 days |
05 days |
#(from the date of entering loan proposal in the loan proposal register)
## (from the date of receipt of the proposal from BO)
II. Timelines for Loan applications more than Rs.2.00 lac:
A. Timelines for Loan applications more than Rs.2.00 lac but upto Rs 25 Lacs other than Micro & Small enterprises (MSE):
| Particulars |
Export and Non Export Credit* |
| Fresh/ enhancement proposal |
21 days |
| Renewal/ reviewal proposal |
15 days |
| Adhoc |
05 days |
* from the date of receipt of the loan proposal/ application at BO, completed in all respects along with requisite information
B. Credit Limits above Rs 25 Lacs to other than MSE borrowers (except Consortium/ JLA/ JLF/ HO level cases) :
| Proposal for |
Export* |
Non-export* |
| fresh/ enhancement |
30 days |
45 days |
| Renewal |
21 days |
30 days |
| Adhoc |
07 days |
07 days |
* from the date of receipt of the loan proposal/ application at BO, completed in all respects along with requisite information
C. Timelines for loan applications falling under Consortium/ JLA/ JLF/ HO level cases, other than MSE:
| Particulars |
Consortium/ JLA/ JLF/ HO level up to level of CAC headed by CMD |
| Export* | Non-export* |
| Fresh/ enhancement proposal |
45 days |
60 days |
| Renewal/ reviewal proposal |
30 days |
45 days |
| Adhoc |
15 days |
30 days |
*from the date of receipt of the loan proposal/ application at BO, completed in all respects along with requisite information
III. Timelines for sanction of all loan applications for MSE units (As per guidelines issued by H.O. Priority Sector Deptt.) :
| AMOUNT OF LIMIT/LOAN |
TIMELINE |
| Upto Rs. 5 lakh |
2 weeks |
| above Rs. 5 lakh and upto 25 lakh |
3 weeks |
| above Rs.25 lakh |
6 weeks |
