Get In Common Loan Application Form 2015-2026

The IN Common Loan Application Form is a critical document for borrowing cooperatives seeking financial assistance for various projects. This guide provides a detailed, step-by-step approach to completing the form online, ensuring that all necessary information is accurately included.

Follow the steps to complete the application form successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Begin with Part A, where you will fill in general information about your cooperative. Provide the name and address of the applicant society, along with contact details like telephone, fax, and email address. Include your registration number and the date it was issued.
3. Continue in Part A by detailing the Board of Management. Indicate whether the members are elected or nominated and provide the date of election or nomination. List the number of directors, including categories such as general, scheduled caste, scheduled tribe, and women.
4. In the same section, provide a brief bio-data of board members and promoters. Attach this document if necessary.
5. Further in Part A, specify the current activities of the cooperative as well as proposed activities or projects. Include the category of membership and paid-up share capital for grower members.
6. Fill in the financial status of the cooperative over the preceding three years. Summarize profit and loss accounts and balance sheets, detailing figures such as business turnover, gross profit, and net worth.
7. Move on to Part B where you will describe the proposed project. Provide information such as the type of project, capacity per day/year, project location, and products to be processed.
8. If the application concerns expansion or modernization, specify existing capacity and proposed expansions.
9. Include additional sections on project cost and means of financing, detailing expenses and funding sources.
10. Complete the final section by reviewing the checklist provided in Part C. Tick the boxes next to the enclosed documents to ensure completeness.
11. Before submission, save the changes, download the completed form, or print it for your records.

Start filling out the IN Common Loan Application Form online today to secure the funding your cooperative needs.