248
(Amt. in lacs)
At the end of previous
quarter/year
No.
Agg. Deposits
DRI Deposits
Total Deposits
Total Advances
- Fund Based
- Non Fund Based
NPAs
Cost of Deposits
Return on Advances
BOBO-
Amt.
COCODuring previous
quarter/year
No.
BOBO-
Amt.
COCODuring present
quarter/year
Income HO intt
Interest income
Income on other heads
Expenditure Interest
Expenditure - others
Profit / Loss
2.
(Amt. in Rs.)
Total
Undercharges
detected
Recovered
on spot
Outstanding
Recorded in Ledger
249
4. INTEREST ON ADVANCES
It is certified that correct Interest Table Codes are fed in system in all eligible loan accounts
and there is no redundant Interest Table Code. Debit/Credit Interest preferential fields are
correctly fed in. It is also certified that all the revisions in the interest rates have been
correctly applied in all the relevant loan accounts with effect from the effective date of each
revision. Deviations are as under:
________________________________________________________________________
__________________________________________________________________
__________________________________________________________________
5. PENAL INTEREST
It is certified that penal interest has been recovered for non-submission of stock/QMS
statement and other financial data, default in repayment of loan, non-payment of bills, noncompliance of terms & conditions etc. except in cases where undercharges have been
reported in the report. Deviations are as under:
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
6. SERVICE CHARGES
It is certified that service charges (Credit & Non-credit Segment) wherever applicable have
been recovered. Deviations are as under:
________________________________________________________________________
__________________________________________________________________
________________________________________________________________
7. INTEREST SUBSIDY/SUBVENTION / CENVAT CLAIM
It is certified that interest subsidy/subvention/ CENVAT claim has been timely & correctly
claimed/received in all eligible accounts. Deviations are as under:
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
8. COMMISSION ON GOVERNMENT BUSINESS / THIRD PARTY PRODUCTS:
It is certified that commission on Government Business / third party products from Link
Branch/focal point branch/RBI has been timely and correctly claimed and got obtained.
Deviations are as under:
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
250
10. OVERCHARGES
It is certified that overcharges on account of excess interest /service charges, charged
have been refunded and short interest paid on deposits have been credited in Customers
A/c. Details are as under:
(Amt. in Rs.)
Particulars
As per
branch
As per
Auditor
Refund
Amount
Reasons for
mistake
RECOVERY CERTIFICATE
(To be signed by Incumbent Incharge)
Branch _________
Distt.No.____
Circle________Category_______
We Certify as under:
Total undercharges detected
Recovery during the Audit
To be recovered
i)
ii)
Rs_______________
Rs_______________
Rs_______________
It is confirmed that all observations have been reported in the daily observation report and discussed
with the branch officials and undercharges under each observation head have been debited to the
parties. Reason for non-recovery, if any; has been furnished in the report.
Date
Officer
Branch Seal
Incumbent Incharge
Auditor
(with PA No)
(with PA No)
Note: Incumbents are advised to go through instruction No.2 & 3 on page 1 before signing the
Recovery Certificate.
Enclosures: Annexure A, B, C, D & E (duly compiled)
251
ANNEXURE-A
SUMMARY OF UNDERCHARGES
Branch___________________ Circle Office ___________ Audit Quarter/Year_________
No. of
events
Detected
A. INTEREST INCOME
Interest on :
i)
Cash Credit
ii)
Overdraft
iii)
Term Loan
iv)
Demand Loan
v)
ODD
vi)
Export Loan/Packing credit /
FOBP/FOUBP
vii)
FIBNLC/FOBNLC/FOUBNLC
viii) Any other head
Total (A)
B. NON INTEREST INCOME
i)
Issuance of Solvency
Certificate/ Co-acceptance
of Bills
ii)
Processing/Upfront Fee
iii)
TL Review Charges
iv)
Inspection charges
v)
Charges for change in
T&C/Handling Charges
vi)
Documentation charges
vii)
Charges on ILCs/ Commission
of BGs
viii)
Charges relating to
Consortium/Multiple
Banking Finance
ix)
Limit Allocation Charges
x)
Issuance of Balance/ Interest
/No Dues certificate
xi)
Diligence Report charge
xii)
Pre-payment/ Commitment
charges
xiii)
Facility Cancellation
xiv) Different Card Issuance
charges (KCC, GCC etc.)
xv)
Intt. Subsidy/ Subvention
xvi) FEX Service Charges
xvii) CIBIL charges
xviii) Cash handling charges
252
No. of
events
Recovered
No. of
events
Outstanding
No. of
events
Detected
253
No. of
events
Recovered
No. of
events
Outstanding
No. of
events
Detected
No. of
events
Recovered
No. of
events
Outstanding
C. PENAL INTEREST
Total ( C)
D. EXPENDITURE HEADS
Excess Interest paid On:
i)
Saving Fund
ii) Fixed/Term Deposit
iii) Any other deposit
iv) Excess amount paid to any out
sourcing agency
total (D)
TOTAL UNDERCHARGES
(A+B+C+D)
Signature of Auditor
254
Annexure B
STATEMENT OF UNRECOVERED UNDERCHARGES
Name of
The party
Head of
Undercharges
Brief Description
Of undercharges
& Period to
which
it relates
Amt. to be
recovered
Comments of
Auditors
Comments of
incumbent incharge
Reasons for NON
RECOVERY of
Undercharges in detail
(quote relevant
circular)
We confirm that all the revisions in the interest rates have been correctly applied in all the relevant
loan accounts with effect from the effective date of each revision.
Incumbent Incharge
Auditor
255
Annexure C
Statement of Under/ Overcharges for the Quarter/year ended_________
Branch.
(Amount in Rs.)
Name of
the party
Description
of error
Branch
record
Our
calculation
Excess
paid or
short
charged
Recovered
during the
audit
Short
paid or
excess
charged
Refunded
during
the year
Reasons for
not affecting
recovery
during the
audit
If the
undercharges
are Rs.5000/or above give
the name and
designation
of the erring
employees
10
Amount as per
Note: Reasons for not affecting recovery must be furnished. In case of closed accounts date of closure
should be given.
Signature of Auditor
256
Annexure D
Certificate/confirmation by Auditor
1. It is confirmed that interest success/ failure report is generated & preserved
regularly. The same is being monitored by incumbent and checked by the
undersigned. The deficiencies observed in the report have been got removed.
2. It is confirmed that overridden charges report (CHGIR) for charges levied by system
is generated and checked by the undersigned. Undercharges identified has been got
recovered. Further service charges, which are not automatically levied by the
system, have been checked as certified on Annexure E of the report.
3. It is confirmed that All non-financial changes report (AFP) is being generated at
regular intervals. The same is being monitored by Incumbent and checked by
undersigned.
4. The various menu of R-Audit has been generated and placed on record. The
deficiencies have been got removed or have been reported under item 11 of the
report.
5. It is confirmed that interest Table is set as ZERO only in eligible accounts.
REASONS FOR UNDERCHARGESAuditor must provide here the reasons for occurrence of undercharges, branch
response to reporting of undercharges in daily report.
FOR CHARGES/INTEREST AUTOMATICALLY LEVIED BY THE SYSTEM
__________________________________________________________________
__________________________________________________________________
FOR OTHER CHARGES
Amount
Authority
Signature of Auditor
257
Annexure E
CERTIFICATE OF CHECKING
It is further certified that we have checked the service charges/ other charges which are not
automatically being charged by system during the quarter/year to the extent mentioned
against each item in percentage:
S.No.
1
Name of Head
Penal Interest: I.e. due to Non compliance of T&C of sanction/banks guidelines, Overdue
Risk rating / External Risk Rating etc. Where Panel Interest is not being charged by
system automatically.
2
Issuance of Solvency/No Dues/ interest/Balance Certificates,
Commitment charges, Prepayment charges, charges for change in terms & conditions,
Limit allocation charges, Escrow Account Maintenance charges, Lead Bank Fee
Processing & Upfront Fee, Handling Charges, Documentation charges in advances, TL
Review Charges, CIBIL Charges, Inspection Charges
Consortium/Syndication/Project implementation and Monitoring Fees
Security Agency Fees, Escrow A/C Maintenance Fees etc. ECS returning charges,
Diligence Report charges
3
Cash handling Charges, Safe Custody Charges, Old Record Enquiry
Power of Attorney & Standing instruction charges
Cheque issued to Premium Customer beyond prescribed free cheque leaves
Charging for drawing cheques less than Rs. 50/-.
Change of Authorized signatory in A/c, Charges for recording reconstitution of A/c
Revalidation of drafts, Co-acceptance of bills
Attestation of Invoice on every subsequent occasion, Attestation of signatures
Recovery of out of pocket expenses from customers wherever applicable including
expenses on inspection of securities
4
Depository Charges, Different Card Issuance Charges
5
Service charges on Forex Business which are not automatically levied by system e.g.
Forwarding export documents to another bank due to some reasons, Comm. on
reimbursement claimed from another bank, Giving guarantee on discrepant documents,
LC confirmation charges, Outward remittance to the debit of EEFC A/C, Follow up of Bill of
entry, Write off of Export Bills, Processing charges for any application to RBI, Issuance of
GR Waiver Certificate, Attestation charges for application of Importer/Exporter Code,
Bank Realization Certificate, Attestation of any other document including invoices,
Registration of export contracts etc.
6
Any other service charges or other charges
7
All debits to various income heads
8
Interest on deposits with other Banks
9
Capital & Revenue expenditure incurred under various heads are within the prescribed
limit as per the financial Power Chart and in case it exceeds, confirmation has been
obtained competent authority.
10
All expenditure incurred under the head Misc. expenditure HO/RM sanction are
supported by proper sanction from higher authority
11
Water & Electricity charges, postage (Courier) telephone, remitting charges, conveyance
to officers please also ensure that there is no wide variations
12
Interest charged by bankers on borrowing
13
Establishment- Salary, Leave Encashment, officiating allowance any increment
due/PQA/FPA, if any, etc.
14
Staff Welfare expenses
15
Discount allowed on sale of Gold Coins
Generation of R-audit Menus (Give the dates)
%age
Note: Cent per cent checking of above items is required to be done by auditor.
Signature of Auditor
258