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1. PROJECT REPORT
ON
WORKING OF PATIALA CENTRAL COOPERATIVE BANK LTD
PATIALA (PUNJAB)
Submitted in partial fulfillment of the requirement for the Degree of
BACHULAR OF BUSINESS ADMINISTRATION
(2008 - 2011)
Under the supervision of
Sh, Rakesh Kumar Goyal, Senior Manager
Submitted by:
KANWARPAL SINGH
Roll No: 307
BBA-3rd Year

2. ACKNOWLEGEMENT
On completion of my project work I want to thank all the employees of The
Patiala Central Cooperative Bank Ltd. Patiala for their Co-operation in
successfully completion of the project work on P.C.C.B Patiala. I want to thank
particularly Sh.Rakesh Kumar Goyal Senior Manager, The Patiala Central
Cooperative Bank Ltd., Patiala for giving me the actual knowledge about the
successful banking & giving me time out of this precious time. I am also very
thankful to the other employees who gave me support in completion of my
project.
Roll.No.307
BBA- 3rd
Year

3. BANK
In simple words a Bank refers to an Institution that deals in money & credit.
Banks are the main center of business & commerce. Banks kept important role in
the economic condition of all the countries of the world.
The word ‘Bank’ comes from the word Banc us or Banque which mean is Bench.
In the words of kindly, Bank is an Establishment that make such advances of
money or other means of payments as may be required and safety made to which
individuals interest money or means of payments when not required by them for
use.
According to Banking regulation act 1949, “For the purpose of lending or
investment, accepting of deposits of money from the public, repayable on demand
on otherwise and withdraw by cheque, draft, order or otherwise.”
FUNCTIONS OF A BANK
A tree is known by its fruits as well as Banks known by his works. Banks have
done so many other important functions instead of depositing & lending money.
Banks functions are divided into two parts: -
Primary & Banks function
Secondary & helping function
PRIMARY FUNCTIONS
 Depositing MoneyDepositing Money
 Lending MoneyLending Money
DEPOSITING MONEYDEPOSITING MONEY:: - Its deposited by three ways for opening a:- Its deposited by three ways for opening a:
 Fixed deposit a/cFixed deposit a/c
 Saving deposit a/cSaving deposit a/c
 Current deposit a/cCurrent deposit a/c
LENDING MONEYLENDING MONEY: - Money lending to needy person in following ways: -: - Money lending to needy person in following ways: -
Bank gave loans to customers of bank in following ways:Bank gave loans to customers of bank in following ways:
 LoansLoans
 Cash creditCash credit
 OverdraftsOverdrafts
 Purchasing & discounting of bills.Purchasing & discounting of bills.

4. SECONDARY FUNCTIONS
 Agency functionsAgency functions
 Utility functionsUtility functions
AGENCY FUNCTIONSAGENCY FUNCTIONS : - Banks done many work to his customer as an agent.: - Banks done many work to his customer as an agent.
These are as follows: -These are as follows: -
 Collection of cheques, bills & interest etc.Collection of cheques, bills & interest etc.
 Payment of Insurance premium other Installments.Payment of Insurance premium other Installments.
 Purchase & sale of securities.Purchase & sale of securities.
 Transfer of fundsTransfer of funds
 Acting as a trustee, executor or attorney.Acting as a trustee, executor or attorney.
 UTILITY SERVICE : - Bank gave services to society. Its those services are
as follows: -
 Safe custody of valuables securities.Safe custody of valuables securities.
 Issuing letter of credit, travelers’ cheques.Issuing letter of credit, travelers’ cheques.
 Accepting bill of exchange.Accepting bill of exchange.
 Providing Trade information.Providing Trade information.
 Dealing in foreign exchange.Dealing in foreign exchange.
 Advice on financial matters.Advice on financial matters.
 Giving information about credit worthiness of customersGiving information about credit worthiness of customers
 Financing foreign tradeFinancing foreign trade
 Credit creationCredit creation
 Underwriting of capital issues & loans.Underwriting of capital issues & loans.
IMPORTANCE OF A BANKIMPORTANCE OF A BANK
 SAFETY OF MONEY:SAFETY OF MONEY:
The money with the bank remains in safe custody there is always risk in keepingThe money with the bank remains in safe custody there is always risk in keeping
cash with one’s own self. It may be lost or stolen. Business man like to keepcash with one’s own self. It may be lost or stolen. Business man like to keep
money with a bank to avoid risks of money the customer need not keep largemoney with a bank to avoid risks of money the customer need not keep large
some of money.some of money.

5.  IT CULTIVATES HABIT OF SAVINGIT CULTIVATES HABIT OF SAVING::
Banks cultivates the habit of saving in the Bank on the one hand are safe and onBanks cultivates the habit of saving in the Bank on the one hand are safe and on
the other earned interest for the depositor who prompted to safe and depositthe other earned interest for the depositor who prompted to safe and deposit
money in their banks accounts.money in their banks accounts.
 FINANCIAL HELP TO CUSTOMER:FINANCIAL HELP TO CUSTOMER:
Banks allows overdraft facilities to their customer so whenever a customer needsBanks allows overdraft facilities to their customer so whenever a customer needs
money he can even withdraw more money then the balance in his account. Bankmoney he can even withdraw more money then the balance in his account. Bank
also grants loans and credit facilities to their customers.also grants loans and credit facilities to their customers.
 SAFE CUSTODY OF VALUABLE ARTICLESSAFE CUSTODY OF VALUABLE ARTICLES ::
Valuable articles deals security etc. can also be deposited in the bank for safeValuable articles deals security etc. can also be deposited in the bank for safe
custody. Safe deposit vaults are provided by bank for storing these valuables.custody. Safe deposit vaults are provided by bank for storing these valuables.
 OTHER INFORMATION:OTHER INFORMATION:
By opening an account with a bank, the customers may also take advantages ofBy opening an account with a bank, the customers may also take advantages of
various other services providing by the banks, such a purchase and sale ofvarious other services providing by the banks, such a purchase and sale of
securities, travelers cheque etc.securities, travelers cheque etc.
RELATIONSHIP BETWEEN BANKER & CUSTOMERRELATIONSHIP BETWEEN BANKER & CUSTOMER
Instead of secondary functions banks gave some other important services to hisInstead of secondary functions banks gave some other important services to his
customers. The main function of banker & customer is as Debtor & Creditor.customers. The main function of banker & customer is as Debtor & Creditor.
Banker works as an agent & also a trustee of his customer.Banker works as an agent & also a trustee of his customer.
KINDS OF BANKSKINDS OF BANKS
 Commercial BanksCommercial Banks
 Industrial BanksIndustrial Banks
 Agricultural BanksAgricultural Banks
 Exchange BanksExchange Banks
 Post office saving bankPost office saving bank
 Indigenous BankersIndigenous Bankers
 Regional Rural BankRegional Rural Bank
 Import export BanksImport export Banks
 National Bank to Agriculture & Rural Development (NABARD)National Bank to Agriculture & Rural Development (NABARD)
 State Bank of IndiaState Bank of India

6.  Reserve Bank of IndiaReserve Bank of India
ORIGIN AND GROWTH OF CO-OPERATIVE BANKS
Co-operative banks are a part of the vast and powerful superstructure of co-
operative institutions which are engaged in the tasks of production, processing,
marketing, distribution, servicing and Banking in India. The beginning of co-
operative banking in this country dates back to about 1904 when official efforts
were initiated to create a new type of institution based on the principles of Co-
operative organization and management which were considered to be suitable for
solving the problems peculiar to Indian conditions. In rural areas, as far as
agricultural and related activities were concerned, the supply of credit, particularly
institutional credit, was woefully inadequate, and unorganized money market
agencies, such as money lenders, were providing credit often at exploitatively
high rates of interest. The co-operative banks were conceived in order to
substitute such agencies, provide adequate short-term and long-term institutional
credit at reasonable rates of interest, and to bring about integration of the
unorganized and organized segments of the Indian money market. When the
national economic planning began in India, co-operative banks were made an
integral part of the institutional framework of community development and
extension services, which was assigned the important role of delivering the fruits
of economic planning at grassroots levels. In other words, they became a part of
the arrangements for decentralized plan formulation and implementation for the
purpose of rural development in general and agricultural development in
particular. Today co-operative banks continue to be part of a set of institutions
which are engaged in financing rural and agricultural development. This set-up
comprises the RBI, NABARD, commercial banks, regional rural banks, and co-
operative banks. The relative importance of co-operative banks in financing
agricultural and rural development has undergone some changes over the years.
Till 1969, they increasingly substituted the informal sector lenders. After the
nationalization of banks and the creation of RBI and NABARD, however, their
relative share has somewhat declined. All the institutional Sources contributed
about 4 percent of the total rural credit till 1954. The contribution increased to 62

7. percent by 1990. The share of co-operative banks in this institutional lending has
declined from 80 percent in 1969 to about 42 percent at present. The percentage
of rural population covered by the agricultural credit co-operatives was 7.8 in
1951, 36 in 1961, and about 65 percent at present.
NOTE ON THE WORKING OF THE PATIALA CENTRAL
COOPERATIVE BANK LTD., PATIALA.
1. Brief History
The Cooperative finance in the erstwhile State of Patiala was made
available by a State owned bank viz. the Patiala State Bank (now State Bank of
Patiala). With taking over the assets and liabilities of the then Patiala Cooperative
Union, the Patiala Central Cooperative Bank Ltd., and Patiala was registered on
28/09/1949 under the Cooperative Societies Act, 1912.
The Bank is presently serving in its 62 year.
2. Constitution and Management
The Bank is managed by the Board of Directors (9 elected by the members
Cooperative Societies and 3 nominated by the Govt. being member of the Bank
having contributed an amount of Rs.70.00 lacs as share capital).
3. Branches
Apart from its Head Office at Patiala, the Bank has a network of its 42
branches spread all over the district. 16 out of the 42 branches of the Bank, are
working at the Focal Points - a scheme started by the Govt. of Punjab in the year
of 1978.
4. Business Turn Over
The business turn over of the Bank for the year 2009-2010 was
Rs.1076601.94 lacs.
5. Resources
The Bank raises its resources with the collection of
31/03/2009 31/03/2010 26/11/2010
* Share Capital 1152.97 1374.26 1460.28
* Owned Funds 5277.36 6141.60 6213.31
* Deposits 31061.08 35196.58 35414.68
* Borrowings 45841.59 53582.42 48098.14
6. Deposits
There are various schemes of deposits namely
* Current Deposits

8. * Savings Bank Deposits
* Fixed Deposits
* Recurring Deposits
7. Advances
The Bank advances both in farm and non-farm-sector. Total loans outstanding as
on 31/03/2010 stood at Rs.81734.59 lacs and as on 26/11/2010 is Rs.77432.42
lacs.
Sr.No. Name of the Scheme As on As on As on
31/03/2009 31/03/2010 26/11/2010
1. Crop Loan 37329.01 43501.76 38667.40
2 Medium Term Agri. 6889.09 9608.83 11041.50
3. R.C.C. to Farmers 9975.33 10465.23 9664.36
4. Mini Dairy 334.02 275.17 215.91
5. Two Wheelers to farmers 745.71 709.56 665.07
TOTAL:- 55273.16 64560.55 60254.24
Non Farm Sector
1. N.F.S./Mai Bhago 2164.33 1170.15 1144.88
2. Consumer Loan 1776.28 2147.52 2155.59
3. Personal Loan 1559.19 1765.61 1835.21
4. Rural House Loan 2110.89 2323.77 2180.74
5. Urban House Loan 1191.93 1269.44 1343.02
6. C.C.Traders 2132.43 1931.09 1786.98
7. Vehicle Loan 562.40 838.86 923.67
8. Education Loan 38.56 54.49 63.26
9. S.H.G./S.G.S.Y. 59.42 93.63 94.69
10. Other Misc.Loans 4589.15 5579.48 5650.14
8. Recoveries
Recovery position of different types of loans for the year 2009-2010 has
been as under :-
1. Crop Loan 95.07 % 2. Rural House Loan 78.03%
3. Two Wheelers 76.25 % 4. Personal Loan 75.04%
5. Vehicle Loan 75.75 % 6. Consumer Loan 56.66%
7. N.F.S. Loan 47.70 % 7. S.H.G./S.G.S.Y. 66.87%
9. Financial Parameters 31/03/2008 31/03/2009 31/03/2010
1. Average cost of Borrowings 5.43 5.48 5.00
2. Average cost of Deposits 5.91 6.37 6.28
3. Weighted average cost of Funds 5.00 5.20 4.98
4. Average yield on loans and advances 7.62 7.30 7.62

9. 5. Average yield on investments 8.48 8.16 7.54
6. Weighted average yield on Assets 7.17 6.88 7.07
7. Financial Margin 2.17 1.68 2.09
8. Cost of Management 1.58 1.41 1.41
9. Net Margin 0.21 0.27 0.68
10. Important Ratios 31/03/08 31/03/09 31/03/10
1. Net profit to own funds 2.05 0.76 2.04
2. Interest Income to average working funds 7.18 6.88 7.07
3. Net profit to average working funds 0.16 0.05 0.14
4. Estt.Expenditure to total expenditure 18.04 16.47 16.28
5. Estt.Expenditure to total income 17.66 16.35 15.96
6. Cost of Management to total Exp. 22.21 20.48 20.00
7. Capital Adequacy Ratio 6.81 4.19 4.25
8. N.P.As to Total Loans 6.24 7.25 5.61
9. Agriculture advances to total advances 77.87 78.41 79.82
11. Per Branch and Per Employee Business 31/03/08 31/03/09 31/03/10
1. Per Branch Business 2149.51 2329.97 2658.18
2. Per employee Business 497.77 548.23 657.08
12. Grey Areas
1. Staff Shortage
The Bank has an acute shortage of staff. This is affecting the
business and customer services. Proper supervision is also lacking over
the working of the branches. Regular retirements of staff are taking place
reducing the available strength every-month. Last recruitment of clerical
staff was made in the year 1980. Strength of clerical and subordinate staff
has become too thin to carry on routine functioning. The staff is under
tremendous stress and pressure. The first consequence of this is that the
quality of the work suffers. Against 366 sanctioned posts, there are only
161 employees working in the Bank. The position is illustrated as under :-
Staff Strength
Sr.No. Name of the Post Sanctioned Working Vacant
Common Cadre
1. District Manager 1 1 --
2. Senior Manager 9 2 7
3. Manager 19 6 13
Non-Common-Cadre
1. Supdt. 1 -- 1
2. Asstt.Manager 55 52 3
3. Accountant 39 26 13
4. Steno-typist 7 -- 7
5. Clerk 121 30 91
6. Driver 5 3 2

10. 7. Dafatri 1 1 --
8. Peon 106 40 66
9. Sweeper/Mali 2 -- 2
TOTAL 366 161 205
2. Imbalances
There is imbalances exist between the loan outstanding
towards (No.70) PACS and loan outstanding towards members
amounting to Rs.1681.63 lacs as on 31/03/2010.
3. Debt Waiver and Debt Relief 2008
Under the Debt Waiver Scheme, loan of 6523 Farmers
amounting to Rs.1605.83 lacs has been waived and under Debt
Relief O.T.S. Scheme 3671 and amount of Rs.468.21 lacs would
be granted to other farmers. Rs.1609.34 lacs received from Govt.
of India.
4. Farmers Clubs
There are 16 Farmers Clubs working in this District
adopted by this Bank out of which 7 farmers clubs are newly
framed.
5. Self Help Groups
There are 2148 Self Help Groups formed in the District
out of which 463 Groups are associated with this Bank. There
are 231 Groups financed by the Bank, an amount of Rs.94.69 lacs
Loan outstanding against them as on 26/11/2010.
6. N.P.As
NPA of the Bank decreased from Rs.5179.04 lacs to
Rs.4583.44 lacs on 31/03/2010. Out of the Total NPA, a sum of
Rs.976.09 lacs stands recovered on 26/11/2010.
The percentage of NPA to total advances was decreased
from 7.25% to 5.61% during the year 2009-2010.

11. OPENING BANK ACCOUNT
Opening of bank account the bank has printed their own account opening
form in which the depositor has to fulfill all the data in account opening form.
Account can be opened and operated Self only jointly either or survivor former
or survivor anyone or survivor. Any other with the specimen signature and photo
of each applicant bank has allowed in these accounts Nomination facilities on the
prescribed form DA-1 under section-45ZA of banking regulation Act 1949 after
obtaining proper identification of the customer & introduction of existing
customer with address after obtaining the one photo and document from below list
of ID proof
Election ID card ID card of reputed employer
Driving License Electricity Bill
Pan Card Telephone Bill
Pass port Salary Slip
Government/ Defense Income/ Wealth Tax
ID card Assessment Order
Saving Bank Accounts:
In the ledger account opened under the serial no of the customer with his / father’s/
husband name with complete address. An account is allotted in the ledger, mode of
signature filled in the ledger. S.B.Account is opened with minimum amount of
Rs.500/- in cash except no frills account which are opened with Rs.5/-. A pass book
is issued to the customer. If he wants a cheque book, the same is issued to the
customer free of cost after getting signature in the cheque book issue register. With-
drawl form bank has made facility upto Rs.40,000/-. On presentation of pass book
must with the with-drawl form duly signed by the account holder.
Maintaining of deposit register and files
The Mall Branch of bank is fully computerized. The other branches are maintaining the
following ledgers, registers & files.
a) Account opening form register

12. b) Specimen signature file
c) Cheque book issue register
d) Loose cheque issue register
e) Nomination register
Rate calculation of interest:
The interest in saving bank account is calculated on monthly product. The lowest
balance in account on one day between 10th
and last day of each calendar month on
every completion of Rs.10 is taken as product for the month and the total products for
six months is arrived at. No interest should be paid if the interest is less than Rs.5.
Interest is to be rounded of nearest rupee if the paise involved are 50 or more it should
be rounded of to the next higher rupee if paise involved are less than 49 the paise is
ignored
----------------------------------------------------------------------------------------------------------
Month Minimum balance Product
----------------------------------------------------------------------------------------------------------
April
May
June
July
August
September
Total Product
The formula of interest calculation is Total Product * Rate of interest/1200
Hence the interest is 17370 * 3.5/1200 = Rs 50.66 interest so calculated is credited
in this account with Rs 51 upto 10th
of October. The voucher at branch level is
prepared as
Debit: Interest paid on deposits Rs 51
Credit: Saving Bank account Rs 51
Inoperative Accounts – Separate Ledger
All the S.B account in which there is no operation for the last three years must be
separated from operative accounts and separate ledgers are to be maintained for this
purpose.

13. Similarly all saving bank accounts which have not been operated for the last 10 years,
Should be transferred to unclaimed deposits as per section 26 of Banking Regulation Act
1949. For detail procedure to be adopted to separate these accounts.
SEHKARI BANK BIMA YOZNA
Individual in the age group of 10-70 years opening saving bank account are eligible to join
the scheme.
Minimum Balance
The minimum balance of Rs 1000 is to be maintained in the account with no maximum
ceiling. Cheques issued on the account violating minimum balance stipulation are liable
to be dishonored by the bank.
Nomination Facility
This facility for deposit account is available and is restricted to one individual only.
Nomination shall be made preferably at the time of opening of the account. Nomination
Can be cancelled or changed at any time. Nomination for bank deposit and insurance
scheme shall be the same.
Sehkari Bank Bima Yojna Register
As and when any member opens new account or existing member adopts the scheme, his
name shall be entered into the Sehkari Bank Bima Yojna Register maintained at the bank.
Statement to Head Office
The branches shall send the statement along with draft/advise to
the head office about the accounts opened under the scheme during the month. The head
office of the bank shall collect the information of all the branches, consolidate it and
shall submit the same to the Punjab State Cooperative Bank Ltd. atleast two days before
the last day working of the month for onward submission to the insurance company.
Insurance Cover
Persons joining the scheme are provided with accident insurance cover
under the “ Group personal accident insurance policy “ of the General Insurance Company
and the following risks are covered.
a) Death Rs 100000.00
b) Permanent total disability Rs 100000.00

14. c) Loss of 2 eyes/feet/hands Rs 100000.00
d) Loss of 1 eye/foot/hand Rs 50000.00
Insurance Premium
The insurance premium including service charges determined by the bank from time to time
shall be debited to the account of the individual on the date of its opening and subsequently
on the date determined by the bank every year towards the insurance premium and bank’s
service charges. In case of premium is not remitted by the bank due to lack of sufficient
funds/balance in the account or for any other reasons beyond the scope of the bank,
insurance cover will not be available as stated above.
Procedure for Claim
Immediately after the happening of the accident it should be informed by the claimants to the
Concerned branch of the bank where the depositor is maintaining the account and nearest
branch of the insurance company. Claim form can be obtained from the bank branch or from
the branch of the company and are to be submitted to the insurance company through the
branch.
Disposal for claim:
The claim shall be disposed off as early as possible and the claim shall be made to the
bank for disbursement to the nominee in case of death or to the depositor in case of
disablement.
Documents required with claims:
The following documents should be submitted along with the claim form.
a) In case of death
1. Death certificate
2. Post mortem report
3. Copy of first information report
4. Name of the nominee
5. Any other relevant document
6. Premium remittances confirmation from the bank
b) In case of disablement
1. Photograph of the disabled showing disability.
2. Disability certificate issue by the doctor

15. 3. Police report/ report from Sarpanch of village or Lambardar
4. Any other relevant document.
5. Premium remittances confirmation from the bank
FIXED DEPOSIT AND LONG TERM DEPOSIT
Fixed Deposit
Fixed Deposit is a deposit scheme wherein a depositor agrees to receive back
the principal amount after a specified period agreed to at the time of deposit.
Interest may be received by him either periodically or at maturity. Fixed
Deposit can be opened for any amount subject to minimum of Rs1000/-
Long Term Deposit
Long term deposit is a deposit scheme wherein a depositor agrees to receive back
the principal amount together with interest accrued after a certain period agreed
at the time of deposit. Interest earned thereon under this scheme is reinvested
at quarterly rests to yield compound interest. Long term deposit accounts are
opened with minimum amount of Rs1000/-. The minimum period of deposit is 2
quarters ( 6 months).
Account opening form
The requirement for opening a Fixed Deposit/ Long term deposit with respect
to account opening form, introduction, photographs, specimen signature,
requirement of income tax authorities, staff accounts, nomination secrecy.
Payment of interest quarterly
In case of Fixed Deposit, the customer may get payment of interest when it
accrues at every quarter. The instruction to this effect, if customer desires so,
be obtained on the account opening form as “ Please credit the interest accrued
every quarter to my Saving account/ Current account/ Recurring Deposit “.
Another term deposit in case of existing term deposit account where the customer
account Fixed Deposit or Long term deposit is already running he needs not
required to open another corresponding account while depositing money for
another fixed deposits or long term deposit. The customer needs to fill up pay-in-
slip while depositing money writing wherein his Fixed deposit account number or
Long term deposit account number, as the case may be. In this case account
opening form will not be required to fill up again by the customer.

16. ISSUANCE OF FIXED DEPOSIT/ LONG TERM DEPOSIT RECEIPT
Preparation of credit voucher and receipt for Term Deposits
The depositor should remit cash through the pay-in-slip provided by the bank
along with application for opening the deposit account. While writing the receipt,
the following particulars should be included.
1. Date to be mentioned in Term Deposit Receipt
While writing the date of issue of the Term Deposit Receipt, the numeral of date,
month & year should be written legibly in the place provided for.
2. Name to be mentioned on Term Deposit Receipt
The name of depositor should be written in full term on Term Deposit Receipt. In
case of joint accounts, names of all joint depositors should be written.
3. Period of deposit on Term Deposit Receipt
Period of deposit should be written in term of months instead of years and for a
period below 12 months, it should be written in term of days instead of months.
4. Rate of Interest on Term Deposit Receipt
The rate of Interest applicable for the period of deposit should be written legibly
in the space provided for. The latest circular from Head Office regarding current
interest rates should be refereed.
5. Due Date
Due Date should be correctly calculated and written. When due date falls on bank
holiday, the amount is to be paid on next working day. In all such cases, interest
for the holiday involved at the contracted rate should also be paid. If the month in
which the deposit becomes due does not have the date corresponding to the date
of deposit the last day of the month will be the due date. Thus, the due date for
Fixed Deposit Receipt for 18 months issued on 31st
August 1998 would be 29th

17. February 2000. However, in case the period of deposit had been expressed in
terms of days and not months, the due date should be calculated as per the
following rule:
1) Calculated days and not months. If February of that year has 29 days, calculate
for 29 days ( not 30 days).
2) Include date of deposit
3) Exclude the date of payment, take the next date
Example: The due date for Fixed Deposit Receipt dated 04.10.1999 for 91 days
should be Calculated as under:
October 1999 (04.10.1999 to 31.10. 1999) 28 days (including date of deposit)-
Rule (2)
November 1999 30 days – Rule (1)
December 1999 31 days
89 days
The period of deposit is 91 days, so we must add days 2 days in 89 and it comes
out to be 2nd
of January, 2000. By applying rule (3) the due date becomes 3rd
of
January, 2000.
6. Interest runs from
The column ‘Interest runs from’ shall be filled with the date on which the deposit
receipt is prepared. In case deposit is renewed from the back date, the date in this
column will be the due date of the overdue deposit.
Term Deposit Receipt- typed or written
The deposit receipt may either be typed or written in hand. If written in hand, it
should be neat and legible. In computerized branches, where term deposit receipt
are prepared with the help of printer and computer, paper should be adjusted in
such a manner that its printing is legible and at proper place.
Number in pay-in-slips and account opening form
The deposit receipt number should be written in account opening form and also in
the pay-in-slip.
Signature on deposit receipt
The deposit receipt should be signed by two authorized officer after scrutinizing
the pay-in-slip, account opening form and deposit receipt.

18. Acknowledgement from depositor
The Depositor’s signature should be obtained on the back side of the counterfoil
in token of receipt of the deposit receipt and the deposit receipt should be handed
over to the depositor.
Matured amount to be written on long term deposit receipts
In the long term deposit scheme of term deposit, the interest earned is reinvested
(compounded quarterly) and paid on maturity. So, in the long term deposit
receipt, the matured amount is mentioned therein which should be written both in
figures and words. Whereas, matured amount is not written on fixed deposit
receipt as the depositor has the option to receive the interest monthly/ quarterly/
half yearly, i.e., before maturity.
Entry in fixed deposit & long term deposit ledgers
Separate ledgers for fixed deposit & long term deposit should be used. All the
relevant particulars such as name of the depositor, date, period of deposit, rate of
interest, due date, maturity value, instructions regarding disposal of balance in
respect of joint accounts should be entered.
Interest Payment Register
The details of fixed deposits should be entered in the Interest Payment Register.
Entries in Interest Payment Register are not required in case of long term deposits.
Payment of interest on long term deposits
The interest on long term deposit is compounded quarterly and is paid only on the
maturity date of the deposit along with principal amount. The interest should be
calculated at the end of each quarter and must be credited in the account of the
depositor.
Payment of interest on fixed deposits
a) Where the deposit is for one year or more while calculating the days for the
purpose of interest, the following rules should be observed:
1) Include the first day of deposit
2) Exclude the last day of deposit
3) Each month is considered to have 30 days

19. b) Where the deposit is less then a year
If the fixed deposit is made for a specified number of days less than a year,
interest should be calculated by taking the actual number days in a month.
Discharge
To make payment of fixed deposit/ long term deposit on due date, if the customer
present himself to receive the payment, he may be asked to discharge the fixed
deposit/ long term deposit receipt on the back of it. His signature on the fixed
deposit/ long term deposit receipt shall be tallied with specimen signature in
record of the bank.
Closure of long term deposit
The receipt and the account opening form should be cancelled by writing words
‘Account closed on --------- (date)’. The account should be closed in ledger by
posting the necessary entries. The ledger and the due date register should be
marked with a notation ‘Account closed and cash paid/ amount transferred to SB/
Current account on ---- ‘. Whereas if there are other term deposits in the term
deposits accounts, the account should not be closed.
RECURRING DEPOSITS
A Recurring deposits is a form of term deposit in which depositor deposits a fixed
sum of money by way of monthly installments over a stipulated period and on the
expiry of this period. The accumulated amount along with interest accrued is paid
in lump sum.
Rate of interest
The rate of interest on recurring deposit for various periods will be the rate
applicable on term deposits for the corresponding period. Interest is compounded
at quarterly rests.
Amount of deposit
A recurring deposit is accepted with a minimum monthly installment of Rs 10/- in
multiples of Rs 10/-.
Period of deposit
The minimum period of recurring deposit is 6 months and maximum period is 120
months with multiples of 3 months
Maturity value

20. The maturity value (the amount payable at the end of the period of deposit,
comprising the principal and interest accrued thereon) can be calculated from the
interest charts supplied to the branches.
Entry in recurring deposit ledger
Separate ledger for recurring deposit should be used. All the relevant particulars
such as name of the depositor, date, period of deposit, rate of interest, due date,
maturity value and amount of installment.
Issue of pass book
The ledger keeper should prepare the pass book for recurring deposit at the time
of opening of account in the personal ledger and it should be authenticated by the
officer concerned of the branch before it is delivered to the customer. The date of
maturity should not be mentioned on the pass book but month on which it matures
can be written therein. The rate of interest can be mentioned therein. The
customer should be asked to bring the pass book in the branch whenever he pays
the installment.
Penal charges
In case the installment are not deposited in the respective calendar month in which
they due, Penal charges are to be recovered for the delay. The penalty is charged
at the rate mentioned below:
1) Rs 1.50 for every hundred rupees per month for deposits upto 5 years and less
2) Rs 2 for every hundred rupees per month for deposits over 5 years.
Loan against Recurring Deposit
Loan against Recurring Deposit can be allowed to the recurring deposit holder. To
avail the loan, the recurring deposit account holder should lodge the passbook
with the Bank duly discharged over the revenue stamp of appropriate value at the
space provided for in the last page of the passbook.
CURRENT ACCOUNTS
WHO CAN OPEN CURRENT ACCOUNT?
1) Person in his own name

21. 2) Two or more persons in their joint names with operations as either or survivor,
Jointly/Jointly or Survivor, Anyone or Survivors or Survivor.
3) Cooperative societies, Partnership firms, limited companies, joint stock
companies, ssclubs, religious institutions, associations, Local bodies.
WHO CANNOT OPEN CURRENT ACCOUNT?
1) Minor
2) Pardanashin ladies
3) Illiterate Persons
4) Blind Persons
---------------------------------------------------------------------------------------------
Type of accounts Additional Documents
---------------------------------------------------------------------------------------------
1) Proprietary concern
a) Declaration of sole proprietorship
2) Partnership Firms
a) Partnership Letter
b) A copy of partnership deed
3) Joint Hindu families
a) Joint Hindu family letter
4) Limited companies
a) Certificate of incorporation
b) Certificate of commencement of business.
c) Memorandum and article of Association
d) Board’s resolution
5) Clubs, Schools, Societies,
a) Certificate of registration or Committee incorporation
b) A copy of Bye–laws, rules, regulations as the case may be
c) Memorandum of Association, if any
d) Resolution of the Board of Directors
e) Latest copy of Balance Sheet in case of Co-operative Societies.
6) Trusts
a) Instrument or document of truck or relevant extract thereof.
b) Resolution
c) Certificate of registration from charity Commissioner

22. 7) Provident funds
a) Trust deed b) Rules of Provident fund c) Resolution
8) Guardians appointed
a) Court order or Guardianship by court in respect Certificate of Minors
Minimum Amount:
Account shall be opened with minimum balance of Rs.5000/-.
Issue of cheque book:
Cheque book may be issued to the account holder on the written request only.
Cheque book issued to the new account holder for first six month shall be
stamped ‘ New Account’.
Borrowings : Rs _________ Lacs
Bank has availed borrowing from NABARD and PSCB
Chandigarh as on 31-03-2010 Sanctioned limit for 2009-2010
Seasonal Agriculture Operations : ___________ __________
Revolving cash credit : ___________ __________
STNAP ___________ __________
C.C.Fertilizers ___________ __________
Own resources ___________ __________
MT Farm Sector ___________ __________
Non Farm Sector ___________ __________
Housing Loan ___________ __________
STAFF REQUIREMENT
Requirements of clerks was made in the bank last in the year 1980. Similarly
recruitment of class IV employees was made in the year 1986. A number of
posts are lying vacant. This shortage definitely affects the working of the bank.
ANNUAL TURNOVER AND AVERAGE WORKING FUND
The annual turnover of the PATIALA CENTERAL CO-OPERATIVE BANK
for the year 2008-09 is ________ lacs and for 2009-10 is ________ lacs

23. NAME OF THE ORGANISATION POSTAL ADDRESS
The Patiala Central Co-Operative Bank Ltd.H.O.,The Mall Patiala-147001.
MAIN TELEPHONE NUMBERS AT HEAD OFFICE
 Managing Director 5000270
 District Manager 5000271
 Senior Manager 5000272, 5003648
 Chairman 5000273
 Account Section 5000274
 Stat Section 5000275
FAX NO: 0175-5003927
NAME OF DEPARTMENT WORKING IN CO-OP. BANK
There are various sections / departments which are working in the Bank. Here
we tell us about those departments / sections which play important role in
Banking. We tell about his Head of Department, its functions & number of
members working in the departments.
FUNCTIONS OF THE DEPARTMENT
 To maintain monthly statements etc; like as – LIC, Income Tax, GSLI
 Grievance of public & branches.
 Yearly statements.
 Master policy of holder such as – EDLT, GI, and House Loan.
 Statements of NABARD.
 House Loan

24.  To issue charge sheets of employees & maintain it.
 To maintain Misc. files.
 To maintain several records (with service book of employees)
 Transfer of employees.
 Increment concerned with employees.
 Pass T.A. D.A. bill of employees
 Salary of Employees’ maintained.
FUNCTIONS OF ACCOUNT SECTION
 The Misc. department reconciled the A/c of all the branches.
 That department issues the drafts of local, state level /aims.
 Furniture fixture.
 This department keeps up the current A/c related with commercial bank.
 It helps to maintain Sundry A/c.
 Maintain the current A/c with P.S.C.B.
 Passing the M.C.L. of societies.
 Sanctioned of cash credit limits of societies.
 Maintenance of receipt and dispatch register.
FUNCTIONS OF LOAN SECTION
 Sanction all types of loans; like as –
 Consumer Loan / Composite /integrated loan /Vehicle Loan
 Computer loan – only for staff member
 Sanction all types of limits; like as – Cash Credit Traders
Cash Credit Farmers
Loan against property
Rural Godown
Mini dairy
Mai Bhago scheme
Renewed cash credit limits.
Physical verification done before sanctions the limits or loans.

25. Vehicle loan – two wheeler, three wheeler, & S.R.T.O.
Maintain statements for refinance &send to NABARD.
FUNCTIONS OF STAT SECTION
 Planning
 Renewing
 Compiling
 Achievements (for net result of the bank)
 Next year forecasting
ACCOUNT & FINANCE DEPARTMENT
Keeping of account and maintaining books of accounts, preparing profits and
loss accounts, preparing budgets, pay rolls, recording receipts and payments,
preparing statement of assets and liabilities etc. are office activities of
specialized nature. All these are office work and performed by this special
office.
MISCELLANCEOUS ACTIVITES
 OFFICE TIME: - The P.C.C.B. has fixed the timing for all the employees the
timing of this company is 10.00 a.m. to 5.00 p.m. The recorded of the arrival
& departure was recorded through Attendance register company maintenance
the attendance registers. All the employees come at 10 a.m. Entered the time
in the Attendance register in the first column and at time of lunch. The entire
employee entered. The departure time for lunch at 2.00 p.m. When they come
after lunch they will entered the arrival time 2.30 p.m. Than duty was
complete they will entered the departure time 5.00 p.m. and also entered the
total working hours in the full day. There is no extra system for recording the
time.
 LOGBOOK: - All the vehicles of the company having logbook. Each
vehicle has own separate logbook. All the records of this vehicle were kept
in this logbook.

26. The perform shows that, how much kilometer are to be used by this log book
the person who used the vehicle fill this log book and signed on also fill that for
what purpose. The vehicle was used.
 FACILITIES FOR STAFF: - The following facility is available to staff
members.
 House Loan facility at subsidiary rate.
 Scooter loan/ motorcycle/ car loan at subsidiary rate.
 Festival loan.
 Medical loan
 LTC Loan (Loan Travelling Concession)
 DA (daily allowance)
 TA (travelling allowance)
Cash and Bank Balances: Rs____________ Lacs
Bank have maintained cash in hand and bank balances with PSCB Chandigarh
and other commercial banks for timely payments to customers the minimum
statutory requirement to maintain Cash reserve ratio of Cooperative banks and
RRB’S is 3% as prescribed by RBI. In the BOD resolution No ___ dated
________ revised the cash in hand / cash with banker limits. It is made clear that
these limits are optimum level which the branches are require to maintain.
Investments: Rs _________ Lacs
Bank has invested to maintain SLR ratio which is prescribed by RBI to DCCB’S
of their demand and time liabilities at rate of 25%
Bank have invested in FDR with PSCB with Chandigarh , govt securities SGL
Account with SBOP Patiala and other schedule banks for purpose of SLR .Bank
Have also purchased the shares of their Apex bodies Rs._____ lacs to borrow
PSCB Chandigarh. Detail of investment is as under:
Loans and Advances: The bank finances crop loan, investment credit and allied
activities through 272 primary agriculture cooperative societies to farmers in the
villages. Bank advances direct loans to farmers for purchase of two wheelers, mini
and commercial dairy, revolving cash credit to farmers for their socio, economic
needs, construction, repair, renovation of house in rural areas. Bank advances
personal loan, consumer loan, vehicle loan, house loan, education loan, Non

27. farming sector, Self help group, Commercial dairy, Loan against property,
Non performing advances:
Bank is not earning on these assets as RBI introduced income
Recognitions and prudential Norms in Cooperative banks to maintain provisions
against doubtful assets.
Solvency Ratios :
All Ratios are to be calculated in percentage terms.
Ratios 31/03/08 31/03/09 31/03/10
Capital Adequacy Ratios
N.P.A./ Total Advances
Own Funds / Average Working Funds
THE PATIALA CENTRAL COOPERATIVE BANK LTD., H.O.PATIALA.
SCHEME FOR FINANCING RURAL HOUSING
Preamble With a view to provide housing facilities to the masses
which is a basic need of human beings, the GOI and
State Govt. are attaching utmost importance to the
financing of housing sector. Several housing schemes
for this are in operation. With a view to supplement
these schemes, it has been decided by the Coop. Bank
to start housing finance for acquisition, construction,
repair/alteration etc. This scheme has particularly been
designed for rural people, where other financing
institutions are reluctant to advance. The scheme shall
be called the “Scheme for Financing Rural Housing”
and is applicable to individual/members of house
building cooperative societies in the state of Punjab and
Chandigarh (U.T.)
1. Area of Operation Loan shall be advanced to individual and member of
Group Housing Cooperative Societies in the area of
operation Banks in the state of Punjab and Chandigarh
U.T.
2. Eligible Borrower • Individuals
• Cooperative Housing Societies
3. Purpose of Loan Loan shall be advanced under the scheme for purchase

28. of built up house, construction of a new house or
repair/ renovation/addition/alteration of existing house
in rural areas.
4. Ceiling on the cost The loan for a dwelling unit may not exceed Rs.15.00
lacs. In case land is being acquired the cost of land may
be reckoned as margin money, otherwise cost of land
should not be included in the project cost.
5. Quantum of Bank
loan for Individual
The quantum of loan shall depend upon repaying
capacity of the borrowers, subject to 85% of cost of
construction or value of property to be purchased.
For construction/purchase of new House
a) maximum loan – Rs.15.00 lacs
b) Margin Money – 15%
c) Repayment period – Upto 15 years in
monthly/half yearly installments. Due date shall
be 30th
June and 31st
December every year.
For Renovation/Repair/Addition/Alteration:
a) Maximum loan – Rs.5 lacs (for repair/
addition /alteration of House)
b) Margin money – 15%
c) Repayment period – 10 years in monthly/half
yearly installments.
Loan eligibility shall be calculated on the basis of
repayment capacity of the borrower. The repaying
capacity shall be determined on the basis of land
holding and other known sources of income and
commitments/subsistence towards his family. A
reasonable installment to income ratio i.e. normally
upto 35% of the gross income can be taken as
repayment capacity of the borrower. Income of the co-
applicant can also be considered for loan eligibility.
6. Period of Loans The maximum period of loan shall be upto 15 years and
loan shall be repayable in equated monthly/half yearly
installments. The first installment shall become due
after expiry of 9 months from the date of drawl of first
installment in case of construction and whereas in case
of purchase of built up house, it shall start after expiry

29. of 3 months from the date of purchase.
7. Rate of Interest At present rate of Rural Housing is 11% and further it
shall be determined by financing bank from time to
time and debited to loan account. Interest
Is charged as contract made with the loanee. Penal
interest @ 2% over and above the normal rate shall be
charged in case of default, on the default amount for
the default period. 0.5% concession is allowed to
women
8. Security The security of the loan shall be first mortgage charge
on the house property to be financed by the bank by
way of registered regular mortgage. In addition to it
collateral security shall be taken @ 100% of the loan
amount in the form of agriculture land. Value of
agriculture land as per norms fixed by the District
Collector from time to time should be taken into
consideration. In case of employees of the Govt., semi
govt., Boards, Corporation, etc., constructing house
within rural areas, loan can be advanced on primary
security i.e. mortgage of house to be financed, along
with two good sureties and undertaking under section
39 of Punjab Cooperative Societies Act., 1961.
(amended vide RCS Circular letter No.Credit/CA-
2/HF/201/1/16264 dated 30.10.07)

30. 9. Sanction and
disbursement of
Loan
The loan shall be sanctioned after it is ascertained that
the applicant fulfils all the requirements and enjoys
reputation as a good pay master. For construction loan,
the borrower should be in possession of plot with
unquestionable and indisputable title. In case of built
up house, the payment shall be made @ 75% of total
value of the house/Loan sanctioned. Payment shall,
however, be made to third party in lump sum after
getting margin money from the borrower and
remaining 25% shall be released after obtaining
Mortgage Deed in favour of the Bank. For construction
of house, loan shall be disbursed in 2 installments,
which is as under:-
i) 1st
installment at the time of starting
50% construction up to plinth level
ii) 2nd
installment after completion up to
50% Roof level.
2nd
installment shall be disbursed after ensuring proper
utilization of previous installment.
10. Processing Fee &
Other Charges
Processing Fees and other charges @ 0.25% of loan
amount shall be charged.
11. Documentation &
general requirements.
Following documents are required for financing under
Rural Housing Scheme
1. Application form
2. Loan agreement
3. D. P. Note
4. Two latest attested passport size photographs
of the borrowers.
5. Proof of residence.
6. Source of Finance for own contribution.
7. Copy of approved drawing of the proposed
dwelling unit to be constructed/purchased from
Sarpanch / Numberdar.
8. Agreement of sale deed.
9. Details of cost/estimate from approved
Architecture/ Valuer/ Engineer of the house to be
purchased/ constructed /renovated /addition to be

31. made.
10. Non-encumbrance certificate.
11. Latest Jamabandi and Girdawari.
12. Certificate of ownership of land/property
situated within Red Line (i.e. Phirni) of the village
from the Sarpanch/Numberdar/Partwari.
13. The borrower shall mortgage his existing
property : to be constructed/purchased in favour of
the bank for the full value of loan.
14. The borrower shall be required to submit
collateral security @ 100% of the loan amount.
SCHEME FOR URBAN HOUSING LOAN SCHEME
1. Short title,
Extent and
Commencement
a) This scheme may be called Urban Housing Loan
Scheme to individual and members of house
Building Societies by The Punjab State
Cooperative Bank/Central Coop .Bank (s) in the
State of Punjab.
b) The scheme shall be implemented through the
branches of the PSCB/Central Cooperative banks
concerned and shall be limited to urban areas
falling in the area of operation of the lending Bank.
c) It shall come into force from the date as the
Registrar Coop.Societies, Punjab Chandigarh
decides.
2. Definitions In this Scheme unless the context otherwise requires :-
a) ‘Act’ means, the Punjab Cooperative Societies
Act 1961 as amended from time to time.
b) ‘Bye-laws’ means the registered byelaws of the
State / Central Cooperative Banks concerned.
c) ‘Bank’ means State/Central Cooperative Bank
registered under the Act.
d) ‘Committee’ means the Governing body of the
Cooperative Bank by whatever name called to
which the management of the affairs of the bank

32. is entrusted.
e) ‘Government’ means Government of Punjab.
f) ‘Nominal Member’ means a person admitted to
membership of he bank under Act. Rules and
Bye-laws.
g) ‘Officers’ means the President, Vice President,
Chairman, Vice Chairman, Managing Director,
Manager, Liquidator and Administrator includes
any other person empowered under the rules or
the bye laws to give direction in regard to the
business of the bank.
h) ‘Registrar’ means a person appointed to perform
the function of the Registrar of Cooperative
Societies under the Act.
i) ‘Rules’ means the Punjab Cooperative Societies
Rule 1963.
j) Urban area means area falling under Nagar
Panchayat, Notified Area Committee, Municipal
Council, Municipal Corporation and Cantonment
Board.
k) Family member means Spouse, Son, Son’s wife,
Unmarried Daughter.
3. Purpose Loan shall be advanced for the purchase of plot, purchase
of built up house, construction of house or repair,
renovation, additions, alteration, etc. in the existing
house. Loans shall also be given for acquiring a plot, flat,
house in an existing or proposed Cooperative House
Building Society and approved scheme of PUDA,
Housefed, Improvement Trust or any other Govt.
Agency.
Loan can also be advanced for take over of an existing
loan advanced by any other bank/financial institution
subject to the condition that the loan account should have
remained in the standard category of assets for atleast last
2 years in the previous financial institution.

33. 4. Eligibility An individual residing in the area of operation of the
Bank may apply for the loan in his individual name or
along with another person being joint owner of the
land/property as co-applicant. The applicant and co-
applicant, if any will be enrolled as nominal members of
the bank under the Act, Rules and Bye Laws.
Note : The Borrower should not have defaulted in any
other loan.
The applicant shall be eligible for a total house building
loan not exceeding 75% of the total cost of house (cost of
construction + cost of plot, if plot is to be purchased) and
the loan out of it for purchase of plot will not exceed
50% of the total loan sanctioned. The remaining,
exceeding or upto 50% shall be utilized for construction
of house thereon”.
The employees of the Punjab State Cooperative Bank or
Central Cooperative Banks who have already availed
house loan under Govt. or Bank Scheme from the Punjab
State Coop. Bank or Central Cooperative Banks can also
get loan under the scheme subject to maximum of Rs.25
lacs under both house loan scheme. It will be further
subject to the repaying capacity of the employee in
accordance with their last salary statement. Further this
loan to employee will be against second charge on the
said property.
5. Quantum of
Loan
The quantum of loan will depend upon the repayment
capacity of applicant to be calculated by the bank as
under :
21 yrs. To 45 yrs of age.
48 times of the net monthly income (NMI) or 4 times of
Net Annual Income (NAI)
Above 45 years
36 times of Net Monthly Income (NMI) or 3 Times of
Net Annual Income Income of the spouse or family
member can be considered if spouse or family member is

34. co-applicant or guarantor. Maximum loan amount for
construction of house or purchase of house/flat, purchase
of plot + construction thereon under this scheme is Rs.25
lacs or 75% of total cost of construction, purchase of
house (cost of construction + cost of plot, if plot is to be
purchased), whichever is less.
The loan for purchase of plot will not exceed 50% of the
total loan sanctioned.
For repair/renovation maximum amount of loan shall be
Rs.5 lacs.
For addition/alterations in existing house, maximum loan
amount shall be Rs.10 lacs.
6. Interest At present rate of Urban Housing is 11% and further it
shall be determined by financing bank from time to time
and debited to loan account.
Interest
Is charged as contract made with the loanee. Penal
interest @ 2% over and above the normal rate shall be
charged in case of default, on the default amount for the
default period. 0.5% concession is allowed to women
7. Period of Loan/
Repayment of
Loan
Maximum period (including moratorium period) shall be
15 years or attaining the age of 65 years whichever is
earlier. In case of repair/renovation /addition/alteration
loan cases maximum period shall be 10 years.
Repayment of the loan shall, however, be in monthly
equated installment to be started from 9 months after the
first installment of loan disbursed. In case of the farmers
availing loan under this scheme, repayment of loan may
be in half yearly installments i.e. 30th
June and 31st
December every year.
8. Security Security for the loan is a first mortgage of the property to
be financed normally by way of deposit of original title
deeds.
9. Disbursal of
Loan
The loan shall be disbursed after the property is
technically appraised, all legal documentation completed
and borrower having invested own contribution in full

35. (own contribution is the total cost of proposed property –
Bank loan).
In case of purchase of plot + construction, the
disbursement shall be in 3 installments as follows:-
For purchase of plot – 50%
Upto roof level – 25%
After roof level – 25%
Loan will be disbursed at one go for purchase of a built
up house. However, for construction on pre-owned plot,
the disbursement shall be in two installments.
1st
Installment for construction after plinth level – 50%
2nd
Installment for construction of the building after roof
level – 50%
Loan for repair, additions, alterations and
renovation shall be disbursed in two equal
installments. The second and subsequent installment of
loan shall be disbursed only after ensuring the
utilization of previous installment to Bank’s
satisfaction. Bank shall not be bound to accept
progress construction as assessed by builder.
10. Fee & Other
Charges
A processing fee @0.25% of the loan amount sanctioned
will be charged.
11. Documentation
– Pre-sanction
stage.
1. Identify proof.
2. Residential Proof.
3. Self attested recent passport size photographs of the
applicant and co-applicant (two).
4. Copy of Income-tax Return for the three years duly
acknowledged by ITO concerned.
5. Sources of Finance for own contribution.
6. Non-encumbrance certificate.
7. Search report & legal opinion alongwith photograph of
the property.
8. Original title deed.
9. Spot Physical verification.
10. Purchase agreement of property.

36. 11. Income Proof/J-Form.
12. Loan application Form
Post – Sanction Stage
1. Loan agreement.
2. Demand Promissory Note.
3. Mortgage Deed
4. Letter of Lien and Set Off
5. Letter of Waiver
6. Letter of Guarantee
Employed applicants : Undertaking from the employee
under section 39 of Punjab Cooperative Societies Act,
1961.
12. Insurance Comprehensive insurance in the joint names of the
borrower and the bank shall be made of the property
mortgaged against fire, riots earthquake lighting floods
etc. Incase of default bank will be at liberty to get a
policy renewed by debit to house loan account of the
borrower.
13. Additional
Documents in the
construction cases
a) Construction Plan approved by a competent
authority.
b) Detailed Cost estimate from Registered Architect/
Civil Engineer.
c) A photocopy of registered title deeds or allotment
letter (in case of member of Cooperative House
Building Societies)
14. In purchase of
Built Up House
cases.
a) Agreement of sale/sale deed/detailed cost
estimate from approved engineer.
b) In case of allotment of flat/houses, photocopy of
allotment letter and details of balance payment, if
any.
15. Disputes If at any stage any dispute arises, it will be
settled/referred under the Punjab Cooperative Societies
Act 1961.

37. SCHEME FOR GRANTING OF LOAN AGAINST PROPERTY
1. Short title, extent and commencement:-
i. This scheme may be called Scheme of LOAN AGAINST PROPERTY
(LAP)
ii. The scheme shall be implemented through the branches of the Punjab State
Cooperative Bank Limited & Central Cooperative Banks only through an
urban branch in the State of Punjab and shall be available to Individuals.
Beneficiaries should be enrolled as Nominal Member of the bank. It shall
come into force from the date as the Registrar, Coop.Societies, Punjab,
Chandigarh decides.
2. Definitions : In this Scheme unless the context otherwise requires :
a) Act’ means, the Punjab Cooperative Societies Act 1961 as amended from
time to time.
b) ‘Bye-laws’ means the registered byelaws of the State / Central
Cooperative Banks concerned.
c) ‘Bank’ means State/Central Cooperative Bank registered under the Act.
d) ‘Committee’ means the Governing body of the Cooperative Bank by
whatever name called to which the management of the affairs of the bank
is entrusted.
e) ‘Government’ means Government of Punjab.

38. f) ‘Nominal Member’ means a person admitted to membership of he bank
under Act. Rules and Bye-laws.
g) ‘Officers’ means the President, Vice President, Chairman, Vice Chairman,
Managing Director, Manager, Liquidator and Administrator includes any
other person empowered under the rules or the bye laws to give direction
in regard to the business of the bank.
h) ‘Registrar’ means a person appointed to perform the function of the
Registrar of Cooperative Societies under the Act.
i) ‘Rules’ means the Punjab Cooperative Societies Rule 1963.
j) Family member means Spouse, Son, Son’s wife, Unmarried Daughter.
3. Purpose
The scheme is for providing finance against mortgage of immovable property
situated at Chandigarh, U.T. Periphery by Punjab State Cooperative bank and at
urban areas (within Municipal Limit) by Central Cooperative bank through its
urban branches, and is designed to offer instant solutions relating to socio-
economic needs such as children’s higher education, travel, daughter’s
marriage,medical emergencies, etc. The loan will, however be not avail for
speculative purpose.
4. Eligibility
1. An individual residing in and having a self occupied immovable property
in the area mentioned in the Purppse Clause no.3 may apply for the loan in
his individual name or alongwith another person being joint owner of the
land/property as co-applicant. The applicant and co-applicant, if any, will
be enrolled as nominal members of the bank under the Act, Rules and
Bye-laws. The age of borrower should not exceed 65 years at the time of
applying for the loan.
2. Employees of the PSCB/DCCB can avail this loan against property
already mortgaged with the bank by creating second charge of property
subject to the repaying capacity of the employee as per the scheme of loan.
5. Type and Quantum of Loan:
The loan can be given in the shape of Term Loan or Credit Limit. Loan can also
be given for both purposes i.e. partly for term loan and partly for credit limit

39. subject to quantum of loan for both the loan and limit will not exceed from
Rs.25.00 lacs. Quantum of loan will be three times of net annual income or 50%
of value of property, whichever is less. However maximum loan amount will be
Rs.25 lacs. Income of family member can be considered for the purpose of
eligibility of loan.
6. Interest:
Interest shall be charged @ 13% p.a. compounded quarterly or as may be revised
by the bank from time to time. In case of defaults a penal interest @ 2% p.a. over
and above the normal rate on the default amount and default period shall also be
charged. 0.5% concession is allowed to women
7. Security:
a) Security for the loan is a first mortgage of the property, against which
loan/limit is granted, by way of deposit of title deeds. The valuation of the
property will be based on the basis of last reserve price of the auction fixed
by the Chandigarh Administration. For the properties situated out side the
Chandigarh, it will be the official rates of registration fixed for the same
by respective Municipal or Registration Authority or current market value
whichever is lower.
b) Suitable one guarantee acceptable to the bank. The guarantor should have
its net worth equal to or more than the loan amount to advanced. In case
the income of family member is taken while calculating loan eligibility,
he/she must be taken as guarantor.
c) Post dated cheques for the months for which repayment of term loan
option is due.
8. Repayment of Loan:
a) Loan together with interest is repayable in maximum 72 equal monthly
installments.
b) Overdraft facility is to be renewed/reviewed annually.
9. Processing Fees:
0.5% of the sanctioned amount shall be charged. In case of limit of 0.25% will be
levied every year on the credit limit.
10. Documentation:
a. Loan application Form.

40. b. Loan Agreement.
c. D.P. Note.
d. Mortgage Deed.
e. Non-Encumbrance Certificate.
f. Letter of lien and set off.
g. Map and Current Valuation Report of the property from Govt. Approved
Architect.
h. Search report and legal opinion along with the photo.
i. Letter of continuity
j. Original Title Deed.
11. Insurance:
Comprehensive Insurance in the joint names of the borrower and the bank shall be
made of the property mortgaged against fire, riots, earthquake, lightning, floods,
etc. In case of default bank will be at liberty to get a policy renewed by debit to
loan account of the borrower.
12. Documents required from applicants:
Documents required from Salaried Individuals
• Proof of Residence – Any one of Ration Card/Telephone
Bill/Electricity Bill/Voters Card.
• Proof of Identity – Any one of Voters Card/Drivers
License/Employer Card/Passport/PAN Card.
• Latest Bank Statement/Passbook (where salary/Income is
credited for past 6 months).
• Latest 3 months Salary Slip with all deductions & Form 16
for last 2 years.
• Copies of all Property Documents.
• Self attested recent passport size photographs of the
applicant and co-applicant (two).
• Copy of Income-tax Returns for last two years.
Documents required from the non-salaried individuals
• Income proof.

41. • Proof of Residence – Any one of Ration Card/Telephone
Bill/Electricity Bill/Voters Card.
• Proof of Identity – Any one of Voters Card/Drivers
License/Employer Card/PAN Card.
• Latest Bank Statement/Passbook (where salary/Income is
credited for past 6 months).
• Copies of all Property Documents.
• Copy of Income Tax Returns for last two years.
13. Disputes
If at any stage any dispute arises, it will be settled/referred under the Punjab
Cooperative Societies Act 1961 or any other relevant act at the sole discretion of
the Bank.
SECOND HAND VEHICLE LOAN SCHEME
In the modern era there is a heavy demand for purchase of second hand vehicles
and the banks have surplus loan-able funds to diversify the loan portfolio and to
provide financial assistance to the borrowers for purchase of second hand vehicle,
this scheme has been diversified.
A. Short title, extent and commencement:-
a. This scheme may be called ‘Second Hand Vehicle Loan Scheme’
to individual sole proprietor professional and partnership concern
residing in the area of operation of the lending bank by the State
and Central Banks as the case may be.
b. The scheme shall be implemented through the branches of the State
and Central Coop. Banks in UT and in the State of Punjab.
c. It shall come into force from the date of approval by the Registrar
Coop.Societies Punjab Chandigarh.
d. The vehicle to be purchased by the loanee should not be more than
3 years old, should be accident free, one time road tax paid,
bearing Registration Number of U.T. Chandigarh or the State of
Punjab.

42. B. Definitions :
In this Scheme unless the context otherwise requires:
a) Act’ means, the Punjab Cooperative Societies Act 1961 as amended from
time to time.
b) ‘Bye-laws’ means the registered byelaws of the State / Central
Cooperative Banks concerned.
c) ‘Bank’ means State/Central Cooperative Bank registered under the Act.
d) ‘Committee’ means the Governing body of the Cooperative Bank by
whatever name called to which the management of the affairs of the bank
is entrusted.
e) ‘Government’ means Government of Punjab.
f) ‘Nominal Member’ means a person admitted to membership of he bank
under Act. Rules and Bye-laws.
g) ‘Officers’ means the President, Vice President, Chairman, Vice Chairman,
Managing Director, Manager, Liquidator and Administrator includes any
other person empowered under the rules or the bye laws to give direction
in regard to the business of the bank.
h) ‘Registrar’ means a person appointed to perform the function of the
Registrar of Cooperative Societies under the Act.
i) ‘Rules’ means the Punjab Cooperative Societies Rule 1963.
C. Purpose
Loan shall be advanced for the purchase of second hand vehicle such as car, jeep,
sumo, qualis, etc. for personal/public use.
D. Eligibility
An individual, sole proprietor, professional and partnership concern residing in
the area of operation having permanent account number provided by the Income
Tax authority in urban areas and in case of rural area having at least 5 acres of
agriculture land and should not be defaulter. The applicant will be enrolled as
nominal member of the bank under the Act, Rules and Bye-laws.
E. Quantum of Loan:
The quantum of loan shall depend upon the model and present value of the
vehicle. Present value shall be the value as provided by Sah & Sanghi in the
current price Index and also available on Website htpp.www
automartindia.com/Sah & Sanghi priceindex.asp or the value approved by the

43. registered surveyor of any GIC with the condition that the insurer has to get
insurance cover from the concerned Insurance Company on whose list the name
of the surveyor appears, which is lowest shall be the quantum of loan. The
maximum loan amount shall be Rs.5 lacs or 75% of the assessed price of the
vehicle whichever is less.
F. Interest:
At present rate of second hand vehicle loan is 13% and further it shall be
determined by financing bank from time to time and debited to loan account.
Interest is charged as contract made with the loanee. Penal interest @ 2% over
and above the normal rate shall be charged in case of default, on the default
amount for the default period. 0.5% concession is allowed to women
G. Period of Loan/Repayment of Loan
Maximum period of loan shall be five years. Repayment of the loan shall, be in
monthly equated installment. In case of urban borrowers and half yearly equated
in case of rural borrowers due on 30th
June and 31st
December. Moratorium period
of one month shall be allowed under the scheme.
H. Security
The security for the loan is 1st
Hypothecation of the Vehicle in the name of the
bank entered in RC of the vehicle. Two good sureties residing in area of operation
of the bank and having a PAN Card in case of urban areas and two sureties of the
status of borrower in case of rural area. The sureties shall be enrolled as nominal
member of the bank under the Act.
OR
A collateral security to the extent of 100% of loan in the shape of assignment of
life insurance policy, pledge of NSCs, KVPs, Term Deposits of own bank, in case
the borrower is not willing to give sureties.
I. Disbursal of Loan
The loan will be disbursed after the appraisal of all legal documentation
completed and borrower having deposited his share of margin in the SB account.
The disbursement will be third party payment by way of banker cheque/Demand
Draft in the name of the seller (owner of the vehicle) delivered through and under
receipt from borrower.

44. J. Fee and Other Charges
A processing fee of 0.25% of the loan amount sanctioned shall be charged.
K. Documentation
Documents
1) Identity proof
2) Residential proof
3) Two self attested recent passport size photographs of the applicant and
sureties each
4) Photocopy of the PAN
5) Copy of Income Tax Return for last three years duly acknowledged by
ITO
6) Photocopy of the Driving License
7) A photocopy of the RC of the Vehicle and case of rural people copy of
Fard, Jamabandi.
b. Loan application form
c. Loan agreement
d. DP Note
e. Hypothecation deed/Collateral Security/Agreement Bond from
Sureties.
f. Agreement of Sale.
g. Certificate of present value of car assessed by Surveyor of company
guide or as determined on the basis of guidelines of the Punjab Govt.
on the Subject.
L. Insurance
Comprehensive insurance in the joint names of the borrower and the bank shall be
made at the cost of the borrower. In case of default bank will be at liberty to get a
policy renewed by debiting to loan account of the borrower.
M. Dispute
If at any stage any dispute raised, it shall be settled/referred for arbitration under
the provisions of Punjab Coop.Societies Act. 1961 and rules frames there under
and bye-laws of the bank.

45. BRANCHES
A part from its Head Office at Patiala, the bank has been in the service of the
people through a network of its 43 branches spread all over the district of Patiala.
16 out the 43 branches of the bank are working at the focal points. Earlier 8
branches were shifted on 14-3-1993 to CCB Fatehgarh Sahib on re-organization
of the district. 3 branches were shifted on 1-10-2006 to CCB SAS Nagar Mohali.
Suggestions
1. More Branches should be opened in the Rural and Urban Areas
to Achieve the targets. Samana Sub division is neglected in this
Area as only Samana and Gajewas Branches are functing.
2. Since 1980 no recruitment made in this Bank. Staff should be
recruited for smooth working.
3. Branches may be computerized.
4. Rate of Interest may be reviewed periodically as Mai Bhago
Scheme Advances at Rate of 8.5% Bank borrowers funds from
Apex Bank at the rate of 10.5%.
5. 11 Single men Branches are functioning so, there is a great
operation risk in the Bank.

46. 6. Individual Loans overdue are increasing in the Loan Portfolio
N.F.S/C.C.T. / Consumer Loan.
7. ATM May be installed, locker facility is provided in all the
Branches.
THE PATIALA CENTRAL COOP. BANK LTD., PATIALA.
LIST OF FINANCIAL PARAMETERS AS ON 31/03/2010
1.(a) Share Capital (Rs.in Crores)
Share
Capital
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
%age Change
(+/-)
(31/03/08 To
31/03/2009)
%age Change
(+/-)
(31/03/09 To
31/03/2010)
Members 876.23 1082.97 1304.26 23.59 20.43
State Govt. 90.00 70.00 70.00 -22.22 --
1.(b) Own Funds (Rs.in Lacs)
Own
Funds
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
%age Change
(+/-)
(31/03/08 To
31/03/2009)
%age Change
(+/-)
(31/03/09 To
31/03/2010)
5239.28 5277.36 6164.23 0.72 16.81
2.(a) Deposits – Time-wise (Rs.in Lacs)
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
%age Change
(+/-)
(31/03/08 To
31/03/2009)
%age Change
(+/-)
(31/03/09 To
31/03/2010)
Dem. Deposit 11327.18 11570.23 14264.91 2.15 23.29
Time Deposit 16616.43 19490.85 20935.13 17.30 7.41
TOTAL 27943.61 31061.08 35200.04 11.16 13.33
2.(b) Deposits – Source-wise (Rs.in Lacs)
Source-
wise
Deposis
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
Growth Rate
(31/03/08 To
31/03/2009)
Growth Rate
(31/03/09 To
31/03/2010)
Individuals 23892.84 26333.50 30145.11 10.21 14.47

47. Coop.
Soci
etie
s
1713.32 1592.98 1873.22 -7.02 17.59
Other
Sou
rces
2337.45 3134.60 3181.71 34.10 1.50
TOTAL 27943.61 31061.08 35200.04 11.16 13.33
2.(c) Share of Deposit in the District
As on 31/03/2008 As on 31/03/2009 As on 31/03/2010
% age share of
Deposit of CCB in
district.
3.72 3.20 3.23
Growth rate to total
deposits in district
14.38 29.11 9.35
Growth rate of
deposits of CCB
16.30 11.16 13.33
2.(d) Deposits (No.of Accounts)
01/04/2007 to
31/03/2008
01/04/2008 to
31/03/2009
01/04/2009 to
31/03/2010
Deposit A/cs at the beginning of the
year
161525 153510 157405
Deposit A/cs opened during the year 11667 11891 10922
Deposits A/cs closed during the year 19682 7996 9090
Deposits A/cs at the close of the year 153510 157405 159237
No. frill A/cs opened during the year -- -- --
No.of Sehkari Bima Yozna A/cs
opened during the year
1725 1099 2956
No.of deposit A/cs opened in the
deposit campaign week, if any, during
the year
-- -- --
2.(e) Average Deposits: To be calculated on monthly outstanding balances basis.
During
01/04/07
to
31/03/2008
During
01/04/08
to
31/03/2009
During
01/04/09
to
31/03/201
0
%age
Change
(+/-)
(31/03/08
To
31/03/2009)
%age
Change
(+/-)
31/03/09
To
31/03/2010)
Avg. Deposit 24972.12 28703.77 33249.88 14.94 15.84
3 (a) Borrowings : All types of Borrowings (Specify them). (Rs.in lacs)

48. Borrowings Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
%age
Change
(+/-)
(31/03/08
To
31/03/09)
%age
Change
(+/-)
31/03/09
To
31/03/10)
From PSCB 10619.35 1212.79 10135.85 -88.58 735.75
From NABARD 32275.92 44628.80 43437.97 38.27 -2.67
From any other -- -- -- -- --
3.(b) Average Borrowings (To be calculated on monthly outstanding balances) (Rs.in lacs)
During
01/04/07 to
31/03/2008
During
01/04/08 to
31/03/2009
During
01/04/09 to
31/03/2010
%age
Change
(+/-)
(31/03/08
To
31/03/09)
%age
Change
(+/-)
31/03/09 To
31/03/10)
Average
Borrowing
37505.79 41083.30 45260.69 9.54 10.17
4.(a) Advances Outstanding (Rs.in Lacs)
Type of
Advances
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
Growth Rate
(31/03/08 to
31/03/2009)
Growth Rate
(31/03/09 to
31/03/2010)
Agri. (Crop Loan) 31772.13 37329.01 43501.76 17.49 16.54
R.C.C.(Farmer) 10021.74 9975.33 10465.23 -0.46 4.91
C.C. Traders 1952.15 2132.43 1931.09 9.23% -9.44
N.F.S. (Comp.
Integrated, SRWTO)
1548.73 1386.24 1195.35 -10.49 -13.77
CD Loan 1638.00 1776.28 2147.52 8.44 20.90
Personal Loan 1471.08 1559.20 1765.61 5.99 13.24
Urban H.Loan 1043.71 1191.93 1269.44 14.20 6.50
Rural H.Loan 2100.75 2110.89 2323.77 0.47 10.08
Vehicle Loan 354.69 562.40 838.86 58.56 49.16
Education Loan 28.84 38.57 54.49 33.73 41.28
Loan Agst.Property 13.54 106.05 136.99 683.23 29.17
Loan Against
Coop.Rent
-- -- 10.00 -- 100.00
Loan for Earnest
Money
-- -- -- -- --
Second hand Car
Loan
-- -- -- -- --
Two Wheelers
Loan to Farmers
736.17 745.72 709.56 1.30 -4.85
Mini Dairy Loan 403.04 334.03 275.17 -17.12 -17.62
Commercial Dairy -- -- -- -- --
Govt. Sponsored -- -- -- -- --

49. Loan to Staff (on
which simple intt.)
62.71 79.19 120.05 26.28 51.60
Other Advances
(Head-wise Detail)
13487.57 12130.47 15015.05 -10.06 23.78
TOTAL : 66634.85 71457.74 81759.94 7.23 14.42
Other Advances (Head-wise Detail) (Rs.in lacs)
Type of
Advances
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
Growth Rate
(31/03/08 To
31/03/2009)
Growth Rate
(31/03/09 To
31/03/2010)
S.T.N.A.P. 2232.95 2318.12 2187.24 3.81 -5.65
Cash Credit Socy. 114.00 168.10 239.91 47.45 42.72
Loan Agst.Deposit 1679.13 597.92 711.36 -64.39 18.97
Loan Agst. N.S.C. 62.29 52.22 40.36 -16.16 -22.71
O.D.to Staff 240.91 344.44 384.44 42.97 11.61
U.L.Society 570.73 559.75 532.66 -19.24 -4.84
M.T.Agri./Conver. 8382.02 7084.41 9782.02 -15.48 38.08
S.H.G./ S.G.S.Y. 57.20 59.42 93.63 3.88 57.57
M-Cycle Loan 1.16 1.59 1.05 37.07 -33.96
Rural Godown 9.49 9.49 12.34 -- 30.03
Computer Loan 34.53 30.42 27.87 -11.90 -8.38
Sway Rojgar Yozna 13.08 12.83 11.10 -1.91 -13.48
Car Loan 12.16 7.81 11.41 35.17 46.09
Pension Loan 52.99 34.42 17.29 -35.04 -49.77
Loan for Bank Bld. 3.66 3.36 3.11 -8.20 -7.44
Mai Bhago Scheme 19.01 778.09 906.61 3993.06 16.52
Loan Single Cow 0.35 1.88 3.16 437.14 68.09
C.Cr.Agst.Property 1.91 45.52 15.67 22.83 -65.58
Bhai Lalo Scheme -- 10.68 33.82 -- 216.67
TOTAL : 13487.57 12130.47 15015.05 -10.06 23.78

50. 4.(b) No. of Loan A/cs
01/04/2007 to
31/03/2008
01/04/2008 to
31/03/2009
01/04/2009 to
31/03/2010
Indivi.Loan A/cs at the beginning of
year
29813 30362 31804
Indivi.Loan A/cs opened during the
year
3840 6290 4961
Indivi.Loan A/cs closed during the
year
3291 4848 5231
Indivi.Loan A/cs at the close of the
year
30362 31804 31534
Total No.of members of PACS
(at the close of the year)
142595 146879 150755
4.(c) Average Advances (To be calculated on monthly outstanding balances) (Rs.in Lacs)
During
01/04/07 to
31/03/2008
During
01/04/08 to
31/03/2009
During
01/04/09 to
31/03/2010
% age Change
(+/-)
(31/03/08 To
31/03/2009)
% age
Change (+/-)
31/03/09 to
31/03/2010)
Avg.Advances 58872.80 65380.29 72150.22 11.05 10.35
5. Investments (Specify them)
Type As on 31/03/08 As on 31/03/09 As on 31/03/10
SLR Investments 6982.56 7558.62 9152.76
Non SLR Investments 344.42 494.00 1070.00
6. Average Working Fund (Based on monthly outstanding balances) (Rs.in Lacs)
Average
Working
Fund
As on
31/03/2008
As on
31/03/2009
As on
31/03/2010
% age Change
(+/-) (31/03/08
To 31/03/2009)
% age Change
(+/-)
31/03/09 to
31/03/2010)
70175.20 78463.52 87385.73 11.81 11.37
7. Non Banking Assets (Rs.in lacs)
As on
31/03/2008
As on
31/03/2009
As on
31/03/2010
Total Amount upto 7 years of acquisition -- -- --
Above 7 years of acquisition 2.52 2.52 2.52
8. Non Fund Income (Rs.in lacs)
Year Total Income Growth Rate
As on 31/03/2008 57.30 -7.32
As on 31/03/2009 53.53 -6.58

51. As on 31/03/2010 84.67 58.17
9. Net Profits (Rs.in lacs)
Year Net Profit
Profit before Tax Profit after Tax
As on 31/03/2008 138.39 107.49
As on 31/03/2009 133.43 40.28
As on 31/03/2010 180.45 125.45
Growth Rate over last year (31/03/2008 to 31/03/2009) -3.58 -62.53
Growth Rate over last year (31/03/2009 to 31/03/2010) 35.24 211.44
10.(a) Interest Paid / Received (Rs.in lacs)
Particulars
Outstanding
As on
31/03/2008
Outstanding
As on
31/03/2009
Outstanding
As on
31/03/2010
% age
Change (+/-)
(31/03/08 to
31/03/2009)
% age
Change (+/-)
(31/03/09 to
31/03/2010)
Interest Paid on
deposits
1476.83 1828.90 2090.80 23.84 14.32
Interest Paid on
Borrowings
2038.50 2251.39 2262.52 10.44 0.49
Intt.received on
Loans&Advances
4487.98 4770.99 5499.14 6.30 15.26
Intt./Dividend
Received on
Investments.
547.98 628.78 683.25 14.74 8.66
10.(b) Interest Subvention
1/4/07 to
31/3/08
1/4/08 to
31/3/09
01/04/09 to
31/03/10
Interest Subvention
Claimed
122.13 42.14 157.64
Interest Subvention
Received
116.58 -- 42.14
11. Financing Marginal/Interest Spread (Rs.in lacs)
During
01/04/07
to
31/03/08
During
01/04/08
to
31/03/09
During
01/04/09
to
31/03/10
% age
Change
(+/-)
31/3/08
to 31/3/09
% age
Change
(+/-)
31/03/09
to 31/3/10
i Average Cost of
Borrowing
5.43 5.48 5.00 0.92 -8.76
ii Average Cost of Deposits 5.91 6.37 6.28 7.78 -1.41
iii Weighted Avg. Cost of
Funds
5.00 5.20 4.98 4.00 -4.23
iv Avg. yield on Loans &
advances
7.62 7.30 7.62 -4.20 4.38
v Average yield on
Investment
8.48 8.16 7.54 -3.77 -7.60

52. vi Weighted Avg. yield on
Assets
7.17 6.88 7.07 -4.04 2.76
vii Financing Margin (vi-iii) 2.17 1.68 2.09 -22.58 24.40
viii COM (% age to A.W.F.) 1.58 1.41 1.41 -10.75 --
ix Risk Cost 0.55 0.20 0.37 -63.64 85.00
x Misc.Income as %age to
A.W.F.
0.08 0.07 0.10 -12.50 42.86
xi Break Even Point
(viii+ix-x) /vii
2.05 1.54 1.68 -24.88 9.09
Break Even Point 74402.3
0
70598.8
1
67625.36 -5.11 -4.21
12. Cost of Management (Rs.in lacs)
As on
31/03/08
As on
31/03/09
As on
31/03/10
% age Change
(+/-) 31/03/08
to 31/3/2009
% age Change
(+/-) 31/03/09
to 31/3/2010
Establishment Cost 899.44 891.67 999.95 -0.86 12.14
Other Cost 208.03 216.92 228.09 4.27 5.15
Total 1107.47 1108.59 1228.04 0.10 10.77
13. Branch Analysis (Rs.in lacs)
As on
31/3/08
As on
31/3/09
As on
31/3/10
% age Change
(+/-) 31/03/08
to 31/3/2009
% age Change
(+/-) 31/03/09
to 31/3/2010
Total No.of Branches 44 44 44 -- --
No.of Branches in Loss 2 -- 5 -- --
Deposit Per Branch 635.08 705.93 800.00 11.16 13.23
Loans and Advances per
Branch
1514.43 1624.03 1858.18 7.23 14.42
Business per Branch (3+4) 2149.51 2329.96 2658.18 8.39 14.09
Intt. Income Per Br. 114.45 122.72 140.51 7.22 14.50
Non Fund Income Per
Branch
1.30 1.22 1.92 -6.15 57.38
Cost of Management Per
Branch
25.17 25.20 27.91 0.12 10.75
No.of Branches whose
COM is above 2% of
Ag.Wrk.Funds
2 2 2 -- --
Profit Per Branch 2.44 0.92 2.85 -62.30 209.78
No.of Single-man Br. -- 11 14 -- 21.43%

53. 14. Employee Analysis (Rs.in lacs)
Out-
standing
As on
31/3/2008
Out-
standing
As on
31/3/2009
Out-
standing
As on
31/3/2010
%age Change
(+/-) 31/03/08
to
31/03/2009
%age Change
(+/-) 31/03/09
to
31/03/2010
Per Employee increase
in Deposit
20.61 16.67 23.25 -19.12 39.47
Per Employee increase
in Loans
47.94 25.79 57.88 -46.20 124.43
Per Employee increase
in Business (1+2)
68.55 42.46 81.13 -38.05 91.07
Business Per
Employee
497.77 548.23 657.08 10.14 19.85
Yield Per Employee 26.80 29.16 35.21 8.81 20.75
Profit Per Employee 0.56 0.21 0.70 -62.50 233.33
Intt. Income Per Emp. 26.50 28.87 34.73 8.94 20.30
Salary Per Employee 4.73 4.76 5.62 0.63 18.07
No.of Loan A/cs per
Employees
910 955 1024 4.94 7.23
No.of Deposit A/cs
Per Employee
808 841 894 4.08 6.30
Common Cadre
Employees
13 11 10 -15.38 -9.09
Non – Common Cadre
Employees
177 175 168 -1.13 -4.00
Govt. Employees -- 1 -- -- --
Total Employees 190 187 178 -1.58 -4.81

54. 15.(a) Non Performing Advances (Rs.in lacs)
No.of Accounts Amount
As on
31/03/08
As on
31/03/09
As on
31/03/10
As on
31/03/08
As on
31/03/09
As on
31/03/10
Agri. (Crop Loan) 1 2 1 6.46 62.40 46.68
RCC (Farmers) 418 818 448 505.37 1130.25 698.46
CC Traders 723 899 778 412.61 523.36 444.24
NFS Loans (Comp.
Integrated SRWTO)
2048 2124 2000 682.49 660.49 592.24
C.D.Loan 2514 2446 2498 845.91 790.55 824.08
Personal Loan 322 418 465 243.46 327.52 366.60
Urban House Loan 39 75 87 84.61 186.95 223.46
Rural House Loan 175 270 243 292.80 400.55 338.75
Vehicle Loan 62 72 105 67.67 57.24 119.49
Education Loan -- -- -- -- -- --
Loan Agst. Property -- -- -- -- -- --
Loan
Agst.Coop.Rent
-- -- -- -- -- --
Loan for Earnest
Money
-- -- -- -- -- --
Secondhand Car
Loan
-- -- -- -- -- --
Two wheelers Loan
to Farmers
323 585 637 81.42 138.68 160.65
Mini Dairy Loan 154 158 117 233.12 230.61 165.98
Commercial Dairy -- -- -- -- -- --
Govt.Sponsord
Loans
(specify them)
-- -- -- -- -- --
Other Advances (*)
(Head-wise Detail)
188 200 190 707.17 670.44 602.81
TOTAL :- 6967 8068 7569 4163.09 5179.04 4583.44
Sub-Standard
Assets
4480 4587 3544 2396.34 3070.48 2252.18
Doubtful Assets :- 540 487 571 610.52 643.99 757.71
Unsecured 1872 2935 3388 585.51 904.78 1040.89
Secured :
Overdue from 3-4
yrs
239 228 206 254.67 315.67 290.13
Overdue from 4-6
yrs
185 153 209 258.30 190.45 225.60
Overdue above 6
yrs.
116 106 156 97.55 137.87 162.77
Loss Assets 75 59 66 570.72 559.75 532.66

55. 15.(a) Non Performing Advances (*) (Detail of Other Advances)
No.of Accounts Amount
(Head-wise Detail)
(Other Advances)
As on
31/03/08
As on
31/03/09
As on
31/03/10
As on
31/03/08
As on
31/03/09
As on
31/03/10
STNAP/Other Socy 11 14 7 32.99 44.21 11.45
C.C.Goods 1 1 1 0.50 0.50 0.50
Precurement 1 1 1 2.82 2.82 2.82
L & C Societies 6 4 3 29.37 4.86 4.27
C.C.Indl. 21 17 18 12.37 7.01 7.78
Verified Bills 5 5 4 8.93 8.33 7.96
Computer Loan 1 2 -- 0.13 0.58 --
S.H.G. 16 38 40 7.46 16.63 17.39
O.D. to Staff 4 6 4 3.01 6.40 4.22
Sway Rojgar 35 48 44 8.80 10.06 9.15
Rural Godown 1 1 1 2.73 2.73 2.73
M.T.A.P. 7 2 -- 26.60 4.38 --
S.G.S.Y. 2 3 1 0.39 2.16 1.88
U.L. Societies 75 59 66 570.72 559.74 532.66
15.(b) Legal Action
During 2007-08 During 2008-09 During 2009-10
Arbitration cases Prepared 5159 5786 5939
Arbitration cases Awarded 3379 3690 4289
16. Amount still to be Disbursed from the Head Conversion (Core Banking Solutions)
Head Amount as on 31/03/2009 Amount as on 31/03/2010
-Nil- -Nil-
17. Detail of Expenditure
18.18. Profitability and Productivity RatiosProfitability and Productivity Ratios
No Ratios 2007-08 2008-09 2009-10
1. Net Profit / Own Fund Ratio 2.05 0.76 2.04
2. Net Profit / Average Working Funds 0.15 0.05 0.14
3. Interest Income/Average Working Funds 7.18 6.88 7.07
4. Interest Income / Total Investments
(Including Loans, Advances & Investment)(Avg.)
7.71 7.39 7.61
5. Establishment Expenditure / Total Income 17.66 16.35 15.96
6. Establishment Expenditure/Total Expenditure 18.04 16.47 16.28
7. Cost of Management / Total Expenditure 22.21 20.48 20.00
8. Interest Expenditure / Total Expenditure 70.51 75.37 70.88
9. Total Expenditure / Total Income 97.88 99.26 98.00
10. Provision for N.P.A. / Total Income 6.39 2.40 7.82
11. Cost of Management / Total Income 21.74 20.32 19.60
12. Cost of Management /Average working Fund 1.58 1.41 1.41
13. Increment in Profit / Increment in Assets 0.22 -0.86 0.95
Solvency Ratios :
Sr.No. Ratios 2007-08 2008-09 2009-10
1. Capital Adequacy Ratios 6.81 4.19 4.25
2. N.P.A./ Total Advances 6.25 7.25 5.61
3. Own Funds / Average Working Funds 7.47 6.72 9.52
Efficiency Ratios :

56. S.No. Ratios 2007-08 2008-09 2009-10
1. C.D. Ratios 238.46 230.05 232.27
2. Recovery % age (Separately for Crop
Loan, Non Farm Sector & Clean Loan)
92.85 90.96 92.15
3. Agri. Advances/Total Advances (% age) 77.87 78.41 79.82
AUDITED BALANCE SHEET OF THE PATIALA CENTRAL COOP.BANK LTD., PATIALA.
FOR THE YEAR ENDING 31.03.2010 FORM OF BALANCE SHEET (See Section 29)
Previous Year CAPITAL & LIABILITIES Amount TOTAL
Figures 31.3.09 1. CAPITAL 31.03.2010
250000000.00
i) Authorised Capital Share 2500000 of
Rs.100/- each 250000000.00 250000000.00
ii)Subscribed Capital 1374261 shares of
Rs.100/- each
iii)Amount called up on share of Rs.100/-
each less calls unpaid
a) Individual
108297300.00 b) Cooperative Institutions 130426100.00
7000000.00 c) State Government 7000000.00 137426100.00
2. RESERVE FUND & OTHER RESERVE
77905574.58 i) Statutory Reserve 87396549.58
53261933.22 ii) Agriculture (Credit) 55464010.22
10631784.87 iii) Building Fund 10631784.87
3273702.96 iv) Dividend Equilization Fund 3757078.56
82854.07 v) Special Bad Debt Reserve 82854.07
109145265.48 vi) Bad & Doubtful Debt Reserve 110390521.21
vii) Other Fund & Reserve
4270971.78 a) Coop.Education & Propaganda 4351534.78
2519829.06 b) Share Transfer Fund 2519829.06
32622.81 c) Risk Fund S.F.D.A. 32622.81
4835887.73 d) Gratuity Fund 4835887.73
9544051.43 e) Common Good Fund 9664895.43
3495573.87 g) Coop.Development Fund 2752166.87
4824166.07 h) Primary Coop.Socs.Fund 4120010.07
3736982.75 i) Bad and Doubtful Debt Fund 3736982.75
214988.00 j) Pension Fund 80563.00
120634521.57 k) Provision for NPAs 164134521.57 463951812.58
3. PRINCIPAL/SUBSIDIARY
PARTNERSHIP FUND ACCOUNT
-- i) Central Coop. Banks
-- ii) Primary Agriculture Credit
-- iii) Other Societies
4. DEPOSIT & OTHER ACCOUNTS
i) Fixed Deposit
1886832794.33 a) Individuals 2035740810.92
-- b) Central Cooperative Banks
62252492.64 c) Other Societies 57772093.32 2093512904.24
-- ii) Saving Bank Deposit
1034000373.72 a) Individuals 1269640307.28
-- b) Central Cooperative Banks
83370370.39 c) Other Societies 118420155.01 1388060462.29
-- iii) Current Deposit
25976866.96 a) Individuals 27476498.26
-- b) Central Cooperative Banks

57. 13675240.08 c) Other Societies 10608135.35 38084633.61
-- iv) Money at Call & Short Notice -- --
3629816148.37 TOTAL : C/f 4121035912.72
3629816148.37 TOTAL : B/f 4121035912.72
5. BORROWINGS
I) From Reserve Bank of India/State/Central
Coop.Banks
3839878118.62
A) Short Term Loans, Cash Credits and
Overdrafts of which secured against: 4399593307.21
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
590263564.00 B) M.Term Loans of which secured against: 782549644.00
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
-- C) Long Term Loans of which secured against --
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
-- II) From State Bank of India --
A) Short Term Loans, Cash Credits and
Overdrafts of which secured against:
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
B) Medium Term Loans of which secured
against:
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
C) Long Term Loans of which secured against
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
III) From State Bank of India
A) Short Term Loans, of which secured against
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
--
B) Medium Term Loans of which secured
against: --
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
154017000.00 C) Long Term Loans of which secured against 176099014.53 5358241965.74
-- i) Govt. & Other approved securities --
-- ii) Other Tangible Securities --
IV) Loans Other Sources (Sources &
Secur.to be specified)
5104254.06
6. Bill for collection being bills receivable
as per contra 5663620.87 5663620.87
6428293.69 7. Branch Adjustments 17787960.97 17787960.97
46860463.06 8. Overdue Interest Reserve 41905943.99 41905943.99
9. Interest Payable
21510250.56 i) On Deposits 21290582.70
0.00 ii) On Borrowings 21290582.70
8293878092.36 TOTAL : C/f 9565925986.99

58. 8293878092.36 TOTAL : B/f 9565925986.99
10. Other Liabilities
2117752.20 i) Bills Payable 5696057.35
20000000.00 ii) Standard Assets Provisions 23000000.00
7576166.50 iii) Sundries Payable 7177258.97
26791207.24 iv) Other Payable 16041739.12
9207000.00 v) Imbalance receivable 9207000.00 61122055.44
11. Profit & Loss Account
4028127.60 Add: Profit for year brought from the P&L A/c 12782360.33 12782360.33
8363598345.90 Grand Total: 9639830402.76

59. Previous Year PROPERTY AND ASSETS Amount TOTAL
Figures 31.3.09 PROPERTY AND ASSETS 31.03.2010
1. CASH
224481617.22
In hand and with Reserve Bank, State Bank
of India, State 235584141.26
Bank of India, State Cooperative Bank &
Central Coop.Bank
2. BALANCES WITH OTHER BANKS
0.00 i) Current Deposits
0.00 ii) Saving Bank Deposits
435128154.06 iii) Fixed Deposits 676336476.76 911920618.02
3. MONEY AT CALL & SHORT NOTICE
4. INVESTMENTS
320734000.00
i) In Central & State Govt. Securities (at
Book Value) (Face Value), (Market Value) 292940000.00
0.00 ii) Other Trustee Securities
49400000.00
iii) Shares in Cooperative Institutions other
than in Item(5)below 53000000.00 345940000.00
iv) Investment (To be specified)
5. Investments out of
Principal/SubsidiaryState Partnership fund
In Shares of :-
-- i) Central Cooperative Banks
-- ii) Primary Agri. Cooperative Societies
-- iii) Other Societies
6. ADVANCES
5353284385.56
i) Short Term, C.C,Overdrafts & Bills
discounted of which 6000959255.29
secured against.
a) Govt. & Other approved securities
43501.76 Lacs
b) Other tangible securities Rs.14735.52
Lac.of the advances
amount, due from individuals 13548.02
Lacs
Of the advances, amount overdue
Rs.5596.70 Lacs
c) Considered Bad & Doubtful of recovery
Rs.532.66 Lacs
1454288926.46 ii) M.T.Loans of which secured against : 1795725111.04
a) Govt. & Other approved securities
Rs.9782.02 Lacs
b) Other tangible securities Rs.2549.52
Lacs.Of the advances
amount, due from individuals Rs.7234.80
Lacs
Of the advances, amount overdue
Rs.2196.75 Lacs
c) Considered Bad & Doubtful of recovery
- Nil -
338200659.35
iii) Long Term Loans for which secured
against : 376774802.10 8173459168.43
a) Govt. & Other approved securities
Rs.3767.75 Lacs
b) Other tangible securities Rs.3767.75 Lacs.
c) Of the advances amount, due from
individuals 3767.75 lacs
of the advances, amount overdue Rs.223.68
Lacs
Considered Bad & Doubtful of recovery - Nil -
8175517742.65 TOTAL : C/f 9431319786.45

60. 8175517742.65 TOTAL : B/f 9431319786.45
7. INTEREST RECEIVABLE
6468644.00 i) On Deposits & Investment 24178297.00 24178297.00
132475484.60
ii) On Loans of which overdue Rs.419.06
Lacs considered 137254051.36 137254051.36
Bad & Doubtful of recovery Rs.103.46
Lacs.
5104254.06
8. BILLS RECEIVABLE BEING BILLS FOR
COLLECTION AS 5663620.87 5663620.87
PER CONTRA
0.00 9. BRANCH ADJUSTMENTS
1309584.76 10. PREMISES LESS DEPRECIATION 1790301.80 1790301.80
18127834.13
11. FURNITURE & FIXTURES LESS
DEPRECIATION 16283699.92 16283699.92
12. OTHER ASSETS (to be specified)
4214382.00 i) Interest Relief NABARD 4214382.00
6432.71 ii) Library 5884.46
520424.93 iii) Stationery in Stock 436131.23
136783.00 iv) Security with P & T Department 139523.00
841572.76 v) Sundry Debtors 1393664.12
4687651.75
vii) Recoverable from Govt.of India (Debt
Waiver Scheme-2008) 4143982.75
0.00 viii) Other Receivable 436489.25
628219.00 ix) Prepaid expenses/Insurance 368365.00
505806.00 x) Robbery 505806.00
98340.00 xi) Leave Salary Recoverable 458953.00
3748189.55 xii) Embezzlement 2030464.55
9207000.00 xiii) Suspence Imbalance Socs. 9207000.00
23340645.36
8363598345.90 9639830402.76
8363598345.90 9639830402.76
DISTRICT MANGAER