SHAHJALAL ISLAMI BANK LIMITED

Progati Sarani Branch

SJIBL/BHATARA/INV/2016/
Date: 10.01.2016
welq kvLv: cÖMwZ miwb MÖvnK: Avãyj Mvd&dvi
: -Gi AbyK‚‡j wbgœwjwLZ cÖ¯—vebv Aby‡gv`b cÖm‡½:
K. nvqvi cvi‡PR wmiKvZzj wgjK (wi‡qj G‡óU): ivRavbx XvKvi L 38/we, wjPz
evMvb ‡ivW, †Rvqvi mvnviv, Kzwoj GjvKvq Qq Zjv dvD‡ÛkbK…Z wewìs Gi
cÖ_g Zjv †_‡K lô Zjv ch©šÍ AvevwmK wewìs Gi wbg©vb KvR mgvß Kivi
Rb¨ B‡jKwUªK¨vj mve †÷kb ¯’vcb, mg¯— wewìs Gi wfZ‡i evwn‡i is
Kiv‡bv , `yBwU wjdU ¯_vcb, `yBwU †MU wbg©vb, `yBwU wmwo‡Z UvBjm
jvMv‡bv m¤úyb© Kivi j‡¶¨ I Ab¨vb¨ M„n wbg©vY mvgMÖx µq Kivi Rb¨ 6
gvm †MÖm wcwiIWmn 10 eQi †gqv‡` 100.00 j¶ UvKvi nvqvi cvi‡PR
wmiKvZzj wgjK (wi‡qj G‡÷U) wewb‡qvM Aby‡gv`b |
 ‡gvU dv‡ÛW 100.00 j¶; bb-dv‡ÛW 0.00 j¶; me©‡gvU: 100.00 j¶ UvKv|
 Kwgkb/gvwR©b/ gybvdvi nvi n«vmKiY, (If any): cÖ‡hvR¨ bq|
 RvgvbZ:
eZ©gvb RvgvbZ: bvB; cÖ¯—vweZ RvgvbZ: Rwg-feb: 160.00j¶; me©‡gvU RvgvbZ: Rwg-
feb: 160.00 j¶;
Project Mortgage status: To be mortgaged.
 kvLvi wewb‡qvM/AvgvbZ AbycvZ: (4732.10 j¶ UvKv / 4918.80 j¶ UvKv) =
96.20% (10.03.2015 Bs ZvwiL wfwËK)
 Avgv‡`i e¨vs‡Ki mv‡_ MÖvn‡Ki IfviwWD w¯’wZ: cÖ‡hvR¨ bq|
 eZ©gvb Bì: 0.00%; cÖv°wjZ Bì: 12.00%
 Cost of Fund of the Branch: 9.07%; Branch opening Date: 14.08.2008
(AÎ ¯§vi‡Ki mgy`q AsK j¶ UvKvq)
Details of Proposals
we`¨gvb
cÖ¯ZvweZ wewb‡qvM myweav
wewb‡qvM myweav
cÖ¯—vebvi
wewb‡qv‡Mi aiY cÖavb
mx †gqv MÖvn‡Ki kvLvi cÖ¯ cÖK…wZ
w¯’wZ Kvh©vj‡qi
gv ` Av‡e`b —ve
mycvwik
cÖKí wewb‡qvM:
nvqvi cvi‡PR wmiKvZzj wgjK - - - 100.00 100.00 bZzb
(wi‡qj G‡÷U)
‡gvU cÖKí wewb‡qvM - - - 100.00 100.00 - -
dv‡ÛW - - - 100.00 100.00 - -
bb-dv‡ÛW - - - - - - -
 cÖKí wewb‡qv‡Mi †¶‡Î †WU BKyBwU AbycvZ:
Sources : Already incurred To be incurred Total Investment Equity Ratio
Bank : - 70.00 70.00 55.5 %
Client : 50.47 5.70 56.17 44.5 %
Total : 50.47 75.70 126.17 100.00 %
1. MÖvnK m¤úwK©Z Z_¨:
MÖvn‡Ki bvg : Avãyj Mvd&dvi
MÖvn‡Ki ¯’vqx : L 38/we, wjPz evMvb ‡jb, †Rvqvi mvnviv, Kzwoj,
wVKvbv XvKv |
kvLvi mv‡_ m¤úK© (wnmve : 14/01/2016
†Lvjvi ZvwiL)
wnmve bs : 12100000
wUAvB Avãyj Mvd&dvi : 694199339702
Gb
‡dvb ‡gvevBj : 01730450735
bs

Page 1 of 7
 A/C: Abdul Gaffar ; Progati Sarani Branch.
‡gvU wbU 1. Avãyj Mvd&dvi : 2106.70 j¶
msMwZ
(Net Worth)
MªvnK‡K whwb G‡b‡Qb : Gm Gg kIKZ †nv‡mb, wfwc Ges g¨v‡bRvi
2. Rate of Commission, Margin, Profit, Service Charge, Risk Fund, Processing Fee etc:
Existing Proposed rate
Particulars Type of facility
rate By Client By Branch By Head Office
Profit HPSM - 12.00% 12.00%

3. CIB Report: As per report dated 07.01.2016 : Standard.

Nature of Limit Outstanding Overdue SMA Classification status

Facility
Funded 71.31lac 39.54lac 14.45 lac - STD
Non-funded -
Total 71.31 lac 39.54 lac 14.45 lac - STD

4. Deviation in the proposal: N/A

5. Brief Background of the Customer:
Mr. Abdul Gaffar is a landlord. He is the father of one son & one daughter. The proposed residential building owned by
Mr. Abdul Gaffar is located at Plot no. KA 38/B, Lichu Bagan Lane, Zoar Sahara, Vatara, Kuril, Dhaka, is a client of our
Branch. The building is under construction with approved lay out plan from the competent authority (RAJUK). Each
floor area consists of as follows: ground floor 5,425.60 sft, from 1st to 4th floor 4,960.48 sft each & 5th floor 4,658.88
sft. of total 29,926.40 sft. as per plan but 32,000.00 Sft. as per physical measurement.
The client has already completed 80% construction works. Now, the client wants to complete finishing works of the
proposed residential building. The client has enough sources to manage his equity portion to complete the finishing work
of the building.
Mr. Abdul Gaffar is a person of sound financial standing. He is the proprietor & Managing Director of various company
like Trusted Trader & Superior Supplier, Millennium Washing Plant, Confidence Construction, New Prime Washing
Inds, Suzana Enterprise & Vita Properties Ltd. He is very well-know of his local area. Considering all these facts in
addition to the expected branch profit, relationship with the applicant and positive attitude of the applicant for
repayment, we feel inspired to forward the proposal to our Head Office positively.
6. Applicants’ Identity:
bvg (wcZv/¯^vgxi bvg mn ) eqm c`ex †kqvi wk¶vMZ bxU
(%) ‡hvM¨Zv msMw
Z
Avãyj Mvd&dvi, wcZv: g„Z Avãyj 42 gvwj 100% Gg.G 2106.7
RveŸvi K 0
†gvU 100.00
%
Details of Net worth as under (Separate Sheet to be enclosed as per format):
Name : Particulars
Abdul Gaffar : [Cash-Tk 10.00 lac + Bank Balance-Tk 68.70 lac + Investment in Business-Tk 200.00 lac +
Real Estate (encumbered)-Tk 1600.00 lac + Real Estate (un-encumbered)-Tk 240.00 lac +
Others-Tk 0.00 lac] – [Liabilities-Tk 12.00 lac] = Net worth-Tk 2106.70 lac.

7.Collateral Security:
Description: : Forced Sale Value [Assessed on 10.01.2016]
(Registered Mortgage along with Assessed by Branch Officials-
Registered Irrevocable General Power S.M Showkat Hossain
of Attorney (To be executed) VP & Manager
Md.Yusuf Imran, SEO
Page 2 of 7

10 katha land along with 06 storied :
Residential Building, measuring total
about 29,926.40 Sft located at Mouza:
Joar Shahara, Sub-Registry Office-
Gulshan, Plot# Ka 38/B & Ka 38/A/2
,Lichu Bagan Lane,Zoar Sahara,Vatara,
Kuril, Dhaka, JL No. CS & SA 271, RS-
06,DP-03 under Dhaka Collectorate
Touzi, CS khatian No. 528, SA khatian
No. 942, RS khatian 200 DP khatian
11478 & 13093, CS & SA Dag no. 1243,
RS Dag no. 5304, DP Dag no. 57228
owned by Mr.Abdul Gaffar
Demarcation: Boundary wall.
Total value of Land, Building
Grand total value of Land, Building :
A/C: Abdul Gaffar ; Progati Sarani Branch.
Land 10 Katha @ Tk. 100.00 lac/ Katha =
Tk. 1000. lac
Building: 29,926.40 Sft @ Tk.1130.24/Sft
=Tk.338.24 lac
Total= Tk. 1338.24 Lac
(Market value:
Land = Tk. 1250.00 lac
Building =Tk. 422.80 lac,
Total= Tk. 1672.80 Lac)
: Tk. 1338.24 lac
Tk. 1338.24 lac

Note:
1. The valuation of building was based on the 80% completion of the building
2. Assessment of forced sale value is based on 80% of market value
3. Estimated Forced Sale Value of the Collateral on completion of the proposed building :
Land: 10 Katha @Tk 100.00 lac/ Katha = Tk. 1000.00 lac
Building: 29,926.40 Sft. @ Tk. 1412.80/ Sft = Tk. 422.80 lac
 On completion total FSV of the collateral security will be Tk. 1422.80 lac.
 On completion total Market value of the collateral security will be Tk. 1778.50 lac.
 Location map with sketch from surveyor: Attached.
8. Documentation status: N/A.
9. In case of Renewal: N/A
10. Management: N/A
11. Particulars of sister/allied concerns: N/A
12. High lights of Financial Statement: N/A
13. NBFI related information: N/A
14. Credit rating report: N/A
15. Sequence of Approval: Enclosed.
A. Investment Facility so far availed: N/A
B. Proposed Investment Facility:
Client’s Branch Memo No. Received Received with all required
Application Date & Date by Head Information & papers.
Office
05.01.2016 SJIBL/PROGATI SARANI /INV/2016/
-
Date: 10.01.2016
16.Liability of the client & allied concerns with other Banks/FI (as on 07.01.206):

Name of Name of the Nature of Limit Outstanding Validity Security with

Concern Banks/NBFIs Facility Value
Abdul Gaffar National Bank Home Loan 40.00 12.55 lac 2017
Limited Lac

Total 40.00 12.55 lac -

Lac
Funded -
Non-funded -
Remarks:

17.Liability of the client & its sister/allied concerns with our Bank (as on 28.03.2015): Nil.
 Difference between CIB & declared liability of the client & its allied concerns: Nil
18.Performance of the client & its sister/allied concerns with our Bank: Nil

Page 3 of 7
 A/C: Abdul Gaffar ; Progati Sarani Branch.
19.Performance of the client & its sister/allied concerns with other Bank, if applicable: (for new client)
Other Accounts (ACA, MSD, SND):
Ban A/C Title Debit Credit Balance
Natu
Name of k Ye
re of Amoun Amou Maximu
Concern Na ar No. No. Minimum
A/C t nt m
me
AIB Trusted Trader & 20 100 331.0 61 320 63.03 .04
ACD L Superior Suppler 15 8
Abdul
Gaffar
AIB Millennium 20 14 20.5 7 28 10.18 .08
L Washing Plant 15
20. Expected Income of the Bank from the proposed facility:
Name of Concern Year Profit Fees & Other Charges Total Yield (%)
Abdul Gaffar 2016 12.00 - 12.00 12.00%
Total 12.00 - 12.00 -
21. Assessment of Investment Need:
SL Name of the Item Amount Required (BDT)
01 Electrical substation installation (200 kva) 50,000,00.00
02 Painting inner & outer side of building 30,000,00.00
03 Lift installation (02) 40,000,00.00
04 Two in & out gate (02) 20,000,00.00
05 Tiles with railing SS pipe installation (02-stair) 20,000,00.00
Total Need 1,60,000,00.00

22. Information for contractor (work order) financing: N/A

23. Project related information (For manufacturing concern): N/A
24. Particulars of the Building & related information (for developer financing): N/A
a. Particulars of the building:
i. Land Owner’s particulars : Abdul Gaffar
ii. Location of the project : Plot no. Ka 38/B & Ka 38/A/2 Lichu Bagan Lane, Zoar Sahara,
Vatara, Kuril, Dhaka
iii. Area of Land : 10 Katha
iv. Number of Floor : 6 floors including the ground floor
v. Number of unit per Floor : 06
vi. Total units in the Building : 30 Units [1st to 5th Floor: 6 Units/Floor]
vii. Area per floor as per approved plan : Ground floor 5,425.60 sft. 1st floor to 4th floor 19,841.92 sft. & 5th
floor 4658.88 Sft
viii. Actual construction area per floor :

ix. Total area as per approved plan : 29,926.40 Sft. (Ground floor 5425.60 sft. 1st floor to 4th floor
19,841.92 sft. & 5th floor 4658.88 Sft)
Along with Foundation area of 4960.48 Sft, Total Area: 34,886.88
Sft
x. Total construction Area : 29,926.40 Sft (Ground floor 5,425.60 sft. 1st floor to 4th floor
19,841.92 sft. & 5th floor 4658.88 Sft)
xi. No. of Floors to be constructed : 6 floors including the ground floor
xii. Construction cost of each floor : Tk.80.06 lac
xiii. Grand Total construction cost : Tk.528.38 Lac (detailed mentioned below)
xiv. Overall cost per Sft (After completion) : Tk.1766/Sft considering actual construction cost.
xv. Present status of the Building : 80% Completed
xvi. Expected time for completion : 3 months
xvii. After completion forced sale value of : *Tk.1422.80 Lac
the property will be
xviii. Present use of the building : Residential
Page 4 of 7
 A/C: Abdul Gaffar ; Progati Sarani Branch.
*Forced Sale Value of the Collateral on completion of the proposed building :
Land: 10 Katha @Tk 100.00 lac/ Katha = Tk. 1000.00 lac
Building: 29,926.40 Sft. @ Tk.1412.80/ Sft = Tk. 422.80 lac
 On completion total FSV of the collateral security will be Tk. 1422.80 lac.
 On completion total Market value of the collateral security will be Tk. 1778.50 lac.
b. Total construction cost in details as under (For Real Estate Finance only):
Particulars of the works : Measurement (Sft) Rate Total
Foundation : 4,960.48 1000.00 49.60
Ground floor : 5,425.60 1,600.00 86.80
1st floor : 4,960.48 1,600.00 79.36
2nd floor : 4,960.48 1,600.00 79.36
3rd floor : 4,960.48 1,600.00 79.36
4th floor : 4,960.48 1,600.00 79.36
5th floor : 4,658.88 1,600.00 74.54
Total : 34,886.88 528.38
c. Means of Finance against construction:
Sources : Already incurred To be incurred Total Investment Equity Ratio
Bank : - 70.00 70.00 55.5 %
Client : 50.47 5.70 56.17 44.5 %
Total : 50.47 75.70 126.17 100.00 %
d. Expected Earnings from the Project: N/A
e. Analysis of repayment Capacity:
Expenditure : Amount Income : Amount
Maintenance of the proposed : 0.20 Monthly Rent from the proposed residential : 3.00
building building at plot no Ka 38/B & Ka 38/A/2, Lichu
Bagan Lane, Zoar Sahara, Vatara, Kuril (First floor
to fifth floor 5*6 total 30 unit) Rent(30*10,000 tk
per unit)=3.00lac
Family expenditure : 2.00 Monthly Rent from residential flat at Flat no- : .50
3N,House-385, Road-6, DOSH, Baridhara, Dhaka
: Monthly Rent from residential flat at Flat no-B : .50
1,House-464, Road-8, DOSH, Baridhara, Dhaka
Installment against proposed : 1.43 Business Institutions. : 5.00
investment
Total expenses : 3.63 Total income : 9.00
Monthly surplus of the client: Tk. 5.37 Lac.

25. Particulars of Apartment & other related information (in case of Apartment Finance): N/A
26. Investment Risk Grading Score Sheet: N/A
27. Marketing Prospect: N/A
28. Analysis of Strength and Weakness relative To competitors:
(a) Strength : The applicants are of high net-worth.
: The applicants earn enough to repay the installments from the sources other than the rental
income of this building under construction.
(b) Weakness : The client is suffering from shortage of Capital
29.Other Information: The applicants earn at least Tk.4.00 Lac per month from his own Flat rent.
30.Justification for the Proposed Facility:
a. The applicant’s Net-worth is Tk.2106.70 lac.
b. The comparative analysis of the income and expenditure of the applicants shows that the installments against
the proposed facility may easily be served by the surplus income of the applicants.
c. The Owners has also other sources of income to repay the installments regularly.
d. The proposed limit is sufficiently covered by the collateral security.
e. Branch kept adequate registered Mortgage against this facility.
f. Branch will expected to earn about Tk. 12 lac profit and other charges from this proposed facility.
31.Details of the Proposed Facilities:

Page 5 of 7
 A/C: Abdul Gaffar ; Progati Sarani Branch.
a. Nature of Facility : Hire Purchase Shirkatul Meelk (Real Estate)
b. Amount : Tk 100.00 Lac (Taka Hundred Lac only).
c. Purpose : To purchase different finishing materials such as Electrical substation installation
(200 kva), Painting inner & outer side of building, Lift installation (02), Two in &
out gate (02), Tiles with railing SS pipe installation (02-stair) etc for completing
finishing work from ground floor to 5th floor of the proposed residential Building
located at Plot no. Ka 38/B & Ka 38/A/2 Lichu Bagan Lane, Zoar Sahara, Vatara,
Kuril, Dhaka.
d. Rate of Profit / Rent : a. @12.00% p.a. repayable and recoverable on monthly basis, or the rate to be
determined by the Bank from time to time.
b. Compensation @ 2.00% p.a. in addition to the prescribed rate shall be realized
on the overdue amount to be recovered from the date of overdue till the date of
payment
e. Mode of Repayment : By 120 no. equal monthly installments and balance if any within the validity. The
repayment to be started from the 7th month of 1st disbursement.
f. Installment size : Tk.1,43,470.95/- (One Lac Forty Three Thousand Four Hundred Seventy and paisa
ninety five only) per month.
g. Grace Period : 06 months.
h. Validity : 10 Years from the date of 1st disbursement including grace period.
i. Security : Details mentioned at Security Column.
32.Security:
Type of Facility : Security
Hire-Purchase a. Personal Guarantee of Mr. Abdul Gaffar
Shirkatul Meelk (Real b. Personal Guarantee of the spouse of Mr. Abdul Gaffar
Estate) c.
d. 120 Nos. Cheque mentioning installment size amount
e. 1 (One) Post dated Master Cheque with profit.
f. Usual Charge Documents
g. Registered Mortgaged along with Registered Irrevocable General Power of Attorney
authorizing the Bank to dispose of property mention at SL#07 without intervention of
the court (to be executed)

33. Group Exposure: Total Investment & Security in favor of the client and its sister/allied concerns
including the Proposed Facility: N/A

34. Special condition: N/A.

35. Visit report: Attached.

36. Detail of Audit objection(s) and present status: New Client.

37.Declaration of the Branch:

The Branch hereby declares that:
1. The proposal / memo made as per guideline of Investment (Credit) Risk Management Policy of the Bank.
2. All circulars, guidelines and policies of Head Office, Bangladesh Bank and other regulators have been complied in
related to the said proposal.
3. Due diligence have been done while processing the memo.
4. All information, data given in the memo are correct.
5. The proposal forwarded after compliance of Banking Company Act & Islamic Shariah.
6. All terms & conditions have been complied with against existing facilities as per sanction advice including
obtaining of charge documents and execution of Registered Mortgage of the property and all the securities &
documents are in safe custody and duly posted in the Safe-in Safe out register.
7. The building is being / has been constructed as per approved plan of competent authority.

38.Recommendation of the Branch:

In consideration of the Branch earnings, collateral security, Strong net-worth of the client, we recommend
approving of the facilities as mentioned in this proposal favoring the client under the terms and conditions of
Investment policy in force.
Page 6 of 7
 A/C: Abdul Gaffar ; Progati Sarani Branch.

Md. Syedur Rahman Md. Yusuf Imran Md. Baherul Alam Khan S.M Showkat Hossain
Senior Officer SEO & Investment In-charge FAVP & Deputy Manager VP & Manager

Page 7 of 7