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CANA.RA BANK

Advances section II

Circle Office, Kolkata21, Camac Street, Kolkata 16

Tel: (033) 22831516, Fax: 2283 1500Email: Ibacokol@canbank.co.in

Yfref : REF. : Nil

f SANCTION MEMORANDUM \D.G. M. SANCTION No. 01lDM-1I06-07

DATED 08.04.2006.

PRIORITY ~

Dear Sirs,

DATED: 06.04.06.

CREDIT LIMITS SANCTIONED:-***************************************************************

The following credit limit i~ sanctioned to Sri Shaibal Sarkar subject to compliance of all theterms and conditions annexure enclosed hereto,

Name of BorrowerCRNo.Asset ClassCategoryBranchBranch CR NoSectorDICGClECGC cover

Nature ofloan::

1. Education LoanMarginROIPurpose

.

: Sri Shaibal Sarkar: 3553: New account: General: Sarat Sarani: nil dated 06.04.2006: Priority - Education: .Wot-,wa~lable.

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: Rs.567000.00 (Rs.five lac sixty seven thousand only.):15%:11.75% p.a.: For admission to the 'Chief Mate/Master Deck Course'at Warsash Maritime Centre- Southamton Solent University,UK and meeting expenses as follows,

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Continuation ofDM's sanction no. 01/DM-1I06-07 dated 08.04.2006

Tution FeeHND Registration feeMCA Signal Examination feeSQA Examination feeBoardingILodging **Visa!Air fare

- GBS.3295.00,\' '\.!GBS. 138.00

- GBS. 63.00- GBS. 140.00- OBS.4200.00- GBS. 500.00

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TOTAL - G8S.8336.00

Duration of course : One year

Collateral Security :-

EMT of landed propertyTolly Khola, PostHooghly in the name of the borrower..

Value of the property - Rs. I387244.00(valuation done by our erstwhile approved valuer dated. 03.04.06 by a valuerMr. K.Chaudhuri )

: Two storied building (2035 aq.ft.) at House No. 42Chinsurah (R.S),P.S. -Chinsurah, Dist-

Guarantee .::'.."t,'>..;,n.."

Smt. Gayatri ~Prkar,wife ofsii Shaibal Sarkar, is having a NW ofRs.3.20 lac.

ReQID:mentSchedule:: .Education (abroad) :: Repayable in 60 equal monthly instalments. Repayment will commence at1er

one year of completion of course or six months after getting job"whichever is earlier.

. SANCTIONING AUTHORITY : DIV.rSIONALMANAGER.

DATE OF SANCTION : 08.04.2006.

GENERAL TERMS AND CONDITIONS:

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1. The rate of interest stipulated above is subject to change from time to time as perH.O.gqidelinest which please take note of. Please also note to convey contents of Cir.291/2003.

2. Please submit NF.482.

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Continuation of DM's sanction no. 01/DM-1I06-07 dated 08.04.2006

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3) Before making available the loan-

a. Copy of Visa should be obtained. A copy of the same is to be sent to us. ,b. Please ensure that all conditions laid do\ 1by the foreign University are to be complied

with by the party.4. Please obtain an undertaking from the co-obligant to remit the instalment/interest whenever

due as per HO cir 175/95 dt. 07/06/95 in the absence of remittance by the borrower.5. An irrevocable mandate from the borrower/co-obligant to debit hislher/their SB alcs with

instalmentslinterest of the loan and undertaking letters to maintain sufficient balance for thepurpose should be obtained.

-6. Releasf1vpfloanfor remittance abroad should be strictly as per the permit issued by our FO andas per HO cir. 176/95.

7. Foreign exchange component of the loan should be released to the student and to be utilized bythe student through our FD,Kolkata only.

8. Guiq~~j,nesin HO cir 175/95, documentation maual in respect of documentation and othertcims 'and conditions stipulated,are to be adhered to apart from the usual procedures applicableto this na~re of loan.

9. Margin money stipulated above is dn the loan amount and permitted to bc brought on pro-ratebasis as and when disbursement are made as per HO.cir 175/95 dated 07.06.95.

10. Branch to ensure that the valuation of the property has been got done through bank's approved, valuerbeforedisbursal.

11. LSR ofJhe property to be got approved by branch before disbursement.12. Inrespect of new accounts the consent clause as per HO cif 38/2003 dtd.27.02.2003 should be

obtained even at the time of obtaining documentation to make available the credit facilities.13. Present clauses to be incorporated in the loan Documents as per HO Circular 38/2003

dtd.27.02.2003 for submission of credit information to CREDIT INFORMATION BUREAU(INDIA) LTD.(CIBIL)

14. CONSENT CLAUSES TO BE INCORPORATED IN THE LOAN DOCUMENTS FORSUBMISSION OF CREDIT INFORMATION TO CREDIT BUREAU (INDIA) LTD.(CIBIL) .AS PER GUIDELINES IN HO CIRCULAR.

15. INTEREST IS TO BE CHARGED AT MONTHLY RESTS ON COMPOUNDING BASIS ASPER THE DUIDELINES IN THE HO CIRCULAR 275/2005 .

ADDITIONAL CONDITIONS (part of sanction memorandum) ::

Branch should comply with the following,

1. Exchange control formalities for studies abroad should be strictly adhered to. Release offoreign exchange should be in conformity with the exchange permit issued to student by ourforeign department.

2. The f01lowingare to be obtained in addition to regular documenta. Copy of Passport andVisa.b. Copy permit issued by FD.

3. Agreement Cum Power of Attorney to be obtained as per HO cir.26/2002 dated 06.02.2002,

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Continuation ofDM's sanction no. 01lDM-1I06-07 dated 08.04.2006

4. Loan is to be repaid in 60 EMI. Repayment will start after one year of the completion of thecouJ~eor 6 months after getting the job.

,5., Di~bursement should be invariably made to the institution by way of DO.'6: 3 months living expenses i.e., GBP 1050.00 may be paid to the student at the time of living

India. Afterwards monthly living expenses of GBP 350.00 maY,be paid by way of DO at thestudent's overseas address or by credit to the party's account maintained at our London branchon submission of relative bills/vouchers.

7. Branches to contact university authorities to send the progress report at regular intervals.8. Branches should keep a regular contact with the party both during the course and after

employment to ascertain the study/employment status.- - 9. Penal interest 2% over toe applicable rate is to be collected for overdue amount.

10. A letter of confirmation as per Appendix 21 of Manual of Instructions updated 31.01.2004 tobe obtained.

II. Fresh bMT is to be put through as per extant guidelines.12. Branch to ensure quality of asset following the guidelines as per HO. Cir 255/04.13. Branch may explore the possibility of getting LIC policy from the borrower/student and assign

the same with the bank.

, 14. All the terms and conditions applicable to the nature oflimit, as per MOl, being communicatedby HO circulars/guidelines from time to time should be strictly adhered to.

BY ORDERS OF DIVISIONAL MANAGER DATED. 08.04.2006.

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TEL sanction sbaibaI ~" .

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qrKrq fu q-€ rgllre +qr YrcrIl.d +S iF'. ?qq,ERRtro-'ns{ + ffitrsIfgqF[, rffi1 - yo1 qoqYlfqr Te S'.: o\tlMaqao (Goa) Branch, P.B. No.266,Near Municipal Garden,Margao - 403 601Brunch Code No.0512

State Bank of India

To,Mr. Lincoln Bennet Rodrigues,Villa Bel Air 160/05, South East Street,Near Firiolex Colony,Velvaddo, Quelsooirn,Cortalim - 403 710

Date:0211212011No. ELl2011-1211

Dear Sir,

With reference to your application dated 2911112011, we herby sanction you a Term Loan of Rs:19,00,000/-(Rupees Ninteen Lacs only) on the following terms and conditions:

l) TheloanissanctionedtoyoufbrthepurposeofexpensesrelatingtoeducationofMr.Lincoln Bennet RodrigLres_fbr pLrrsuingChief Mate/Masters course at Wars ash

Maritime Academy.2) Rate of Interest: Interest on the loan will be charged at the rate of 13.75oh

3) Repayment: The loan is to be repaid in 60 Equated installments. The repaymentinstallnrent will cornmence after the course period of l2 months or completiorr of the

course or after 6 months of getting a job, whichever is earlier.4) Securitv: The loarr will be secured by :

a) Equitabe Registered mortgage of the land and building situated at Margao Goa<near arcanjo Hospital,Bernardo costa Road,Flat No 3 ,Dambab Building valued at

Rs.: 17,85,000/-belonging to Mrs. Lourdes Clara Rodrigues in favor of the bank.

5) Insurance: The House/Flat/Building nrentioned in the para 4above shall be insut'ed

comprelrensively for the market value covering fire, flood etc. in the joint name of the

borrower and tlre owner.6) Disbursement: The loan will be disbursed on the request ofthe applicant.

Yours fai fully,

jn9General Manage

Ph. No.: (0832) PBD 2731049, NRE 2715584, ACCTS 2735620,DBD2732565 Fax:2732567 Email: sbi.00512@sbi.co.in