Bullet Payment for Cash Holding, Bank FDR & Comm Ppt BG. (ADV - Financial)
Dear Sir, Need Cash Holding, Bank FDR, Commercial Property with BG(Bank Guarantee) for Trading, 45 days Holding.
Please find the below points for further process.
1. Cash Holding/FDR holding Period - 45 days holding. Commercial Property with BG - 45 days to 1 Year holding.
2. Min Amt for Cash Holding/FDR (Individual/Company A/c) in INR - 25 Cr & Above. Min BG (Bank Guarantee) value for Commercial Property in INR - 75 Cr & Above.
3. Ratio/Profit - 1:1, 1:2, 1:3 (Depends on the Cash/FDR Amt/ Property BG & Duration) Eg: For 100=>100Profit if 1:1 Ratio For 100=>200Profit if 1:2 Ratio For 100=>300Profit if 1:3 Ratio Note: (TDS will be deducted on Profit Amt) + Principle Amt Release after Trading Period.
4. Service Charge/Media Commission - 30% (A+B) on the Profit Amount for all ratios. For Eg: Base FDR/Cash Holding is 30 Cr. For 1:1 Ratio, Service Charge will be 30% on 30 cr, i.e 9 cr (will be divided as A+B). For 1:2 Ratio, Service Charge will be 30% on 60 cr, i.e 18 cr (will be divided as A+B). For 1:3 Ratio, Service Charge will be 30% on 90 cr, i.e 27 cr (will be divided as A+B). For Commercial Property - 30% on the Profit Amt (will be divided as A+B).
Note: Media commission will be credited to individual Bank A/c after TDS. Cash Holding/Bank FDR/Commercial Property OWNER has to pay the Service Charge/Media commission of 30% (A+B) to the Media.
5. Preferred Banks - HSBC, AXIS, ICICI, HDFC & Nationalized Banks.
6. Processing days - 4-5 days + 10 days , will be Completed in 15 days.
7. Principle Amount (Cash/FDR/BG) will be Released after Agreed Trading Period.
8. Initial Documents needed -
Following DOCUMENTS Needed for Bank FDR: 1.FRONT AND BACK SIDE COLOR SCAN COPY OF THE FIXED DEPOSIT RECEIPT (FDR) 2.LATEST BANK ACCOUNT VERIFICATION LETTER. 3.PAN CARD COLOR SCAN 4.PASSPORT 1st & 2nd PAGE COLOR COPY.
Following DOCUMENTS Needed for Cash Holding: 1.Bank Current Dated Statement With Bank Manager Seal and Sign 2.Pan Card Scan in Color 3.Passport Copy Scan in Color
Following DOCUMENTS Needed for Commercial Property with BG: Commercial Property with Clear Titles Worth BG value INR 75 Cr & Above 1. Mother Deed Xerox 2. Sale deeds Xerox 3. Legal opinion Latest Xerox 4. Valuation Report Latest Xerox (Min Amt INR 150 Cr & Above) 5. EC Latest Xerox 6. Tax Paid receipt till Date Xerox 7. BG from the BANK (Min Amt INR 75 Cr & Above) 8. Owner KYC Xerox copy (PAN, Passport, Adhar Card, Voter ID, Bank statement)
Note: Property Owner should pay the Legal, Valuation & BG Charges. Trust A/c, Co-operative Bank A/c & Agriculture Land are NOT Allowed.
If you need any clarification please feel free to call me.
Thanks, Arjun, Bangalore. marjuna.tr@gmail.com Mb: 09482382469
Complete thread: