Bank of Maharashtra Application Form for MSME Borrowers additional line of credit for COVID-19
Bank of Maharashtra Application Form for MSME Borrowers additional line of credit for COVID-19 from Download
The Bank of Maharashtra AD-HOC Line of Credit COVID-19 Application Form is a specialized, two-page document designed for existing micro, small, and medium enterprise (MSME) borrowers to request emergency liquidity support due to business disruptions caused by the COVID-19 pandemic (202400ee-c… p. 1).
Core Purpose & Background
- Liquidity Relief: Explicitly addresses operational cash crunches and cash flow mismatches triggered by pandemic lockdowns (202400ee-c… p. 1). [1]
- Relationship Base: Restricts eligibility to businesses already banking with the Bank of Maharashtra (202400ee-c… p. 1).
- Financial Working Attachment: Requires applicants to submit concrete, separate financial workings supporting the requested ad-hoc limit (202400ee-c… p. 2).
Applicant Identification Metrics
- Entity Type: Captures business activity classifications strictly divided across Non-Trade, Trade, or Services sectors (202400ee-c… p. 1).
- Corporate Registrations: Mandates verification numbers including Corporate Identification Number (CIN), Tax Deduction Account Number (TAN), GST, Legal Entity Identifier (LEI), and Udyog Aadhaar (202400ee-c… p. 1).
- Promoter Data: Records specific management profiles including Chairman, MD, CEO, and CFO identities (202400ee-c… p. 1).
- Impact Narrative: Includes a dedicated section for a brief narrative describing the precise economic impact of COVID-19 on operations (202400ee-c… p. 1).
Existing Portfolio Matrix
Applicants must detail their pre-existing bank-funded limits to calibrate the emergency extension:
| Debt Segment | Breakdown Components Required (202400ee-c… p. 1) |
|---|---|
| Fund-Based WC | Current working capital limits and outstanding balances. |
| Fund-Based TL | Outstanding balances on existing term loans. |
| Non-Fund Based | Active Letter of Credit (LC) and Bank Guarantee (BG) limits. |
| Investment | Existing capital marketplace or auxiliary corporate investments. |
Security & Guarantee Extensions
- Collateral Extension: Operates on a structure where no new collateral assets are required; instead, the applicant offers an additional charge on top of existing primary and collateral assets (202400ee-c… p. 2). [2]
- Guarantee Continuity: Dictates that existing personal and corporate guarantees are legally extended to back the newly sanctioned ad-hoc facility (202400ee-c… p. 2).
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