Loan Documentation:

Loan Documentation is the process of preparing, filling and preserving of documents for loan sanction procedure. And these documents complied and completed before loan disbursement. There are different types of documents are taken by bank from its borrower to secure its loan/investment. All documents are taken and preserved as per terms and conditions of the loan.

On the basis of loan types, there are various types of documents are taken by bank from its borrower and other sources; these documents specify the rights and liabilities of the bank and the lender/borrower/customer. Hence, Loan Documentation is the series of process of preparing, filling and preserving documents which needed for loan sanction purpose and these documents specify the banker and customers rights, obligations, ownerships, and liabilities regarding the loan.

List of Loan Documents needed for loan/investment proposal:
- Personal and business credit reports,
- Basic Information/Profile of the Enterprise/Company/Industry,
- Business and industry analysis,
- CIB report,
- Internal Credit Risk Rating System (ICRR),
- TIN/Tax return slip,
- Updated Trade License,
- Security particulars,
- Bank account statements,
- Financial statements and Financial Performance,
- Balance Sheet
- Regulatory compliance,
- Stock Report and Physical Inspection Report
- Survey Report of Enterprise/Company
- Security/Collateral details,
- Legal Documents,
- Legal Opinion/Lawer Satisfaction Certificate
- Market Factor analysis,
- And more documents as per loan types

* On the basis of loan types documents may be added or subtracted.

Published Date: 08/07/2023