Welcome to the Presentation on

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Welcome to the Presentation on

• Financing Solar Home Lighting Systems

By
GURGAON GRAMIN BANK (Sponsored by Syndicate
Bank) Head Office Gurgaon
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• Gurgaon Gramin Bank
• (Sponsored by Syndicate Bank)

With the Goal of Reaching the Unreached
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Area of Operation
Area of operation of the Bank is spread over
following seven districts of southern Haryana
Gurgaon Faridabad Sonepat
Mewat Palwal Rewari
Mahendergarh
Concerted efforts yield results
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Branch Network As on 30.09.2009
Total Branches - 158
Bank for the Masses
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GGB Pioneer in Implementing SHG Concept in
Haryana
Bank has formed as many as 8433 SHGs out of
which 4809 SHGs credit Linked with linkage amount
of Rs. 37.51 crore
As on 31.03.2009
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FARMERS CLUB
176 Farmers Clubs Promoted by Bank
Farmers Club at Maseet Village promoted by
Banks Siha Branch bestowed with The Best Club
Award by Honble Union Finance Minister, Sri P
Chidambaram
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Gross NPAs Rs.7.48 Crore
Just 0.56 of Total Advances
As on 30.09.2009
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• Clientele base as high as 10.94 lakh as on
  31.03.2009

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Per Branch Productivity At Rs.24.53 Crore (As
on 30.09.2009)
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Per Employee Productivity as high as Rs.4.15
Crore (As on 30.09.2009)
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Operating Profit -Rs.87.20 Crore
Net Profit (After Tax) - Rs. 53.48 Crore)
Reserve Surplus of Rs. 357.03 Crore as on
31.03.2009
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We will pool all our scientific, technical and
managerial talents, with financial sources to
develop solar energy as a source of abundant
energy to power our economy and to transform the
lives of our people
Manmohan Singh - Prime Minister of India
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• A Revolutionary step by
• GURGAON GRAMIN BANK
• (Sponsored by Syndicate Bank)
• In association with Bhartiya Vikas Trust
• Manipal (Karnataka State)
• Conservation of Sustainable Energy
• Through
• GGB SAUR VIDYUT YOJNA

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• It is well known fact that the use of Solar
  Energy for domestic and commercial heating and
  lighting is one of the viable and sustainable
  solutions to the energy problem.

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• Considering the fact that even today many
  villages in our area of operations do not have
  sufficient power supply and there are power cuts
  at crucial hours.

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• The problem of power shortage being faced by
  the rural masses is viewed as an opportunity for
  the Bank to extend finance for solar lighting
  systems.

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• National Level Knowledge Sharing Workshop was
  organized by Bhartiya Vikas Trust, Udupi
  (Manipal)
• at our Office
• on 20th March, 2008 where our Bank was co-host
  to organize the Workshop.

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• This Workshop along with other dignitaries from
  State Nation Level and also attended by our
  Area Managers / Senior Managers with an
  objective to acquaint with the Solar Home Light
  System in the remote villages.

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Bank launched the scheme GGB Saur Vidyut
in association with M/s. Tata BP Solar Ltd., New
Delhi

• Inaugurated by
• Sri V Ramakrishna Rao ,
• Chief General Manager,
• NABARD, Chandigarh,
• on 28th March, 2008.

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GLIMPSES OF EVENTS TOOK PLACE IN THIS DIRECTION

• Display and demonstration of the products
  related to Solar Home Lighting System was held at
  various places and people in remote areas were
  encouraged to adopt this cheap and effective
  source of energy.

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• The Branches and Offices are advised to take
  immediate action to aggressively market the
  products under the schemes by initiating the
  various steps .

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• A series of Awareness Camps cum
  Demonstration on the working of the solar
  lighting systems organized in the operational
  areas of branches in association with approved
  vendors of solar lighting systems so as to
  generate demand for the product.

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• Identification and assisting eligible persons
  including all existing customers / housing loan
  borrowers, in installation of solar lighting
  systems.

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• Branches / Offices to highlight the
  advantages of solar lighting systems not only as
  a source of clean energy but also as a viable
  economic proposition to the households and
  commercial establishments.

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• The economic benefit of this technology as a
  means of reducing the cost of electric power need
  to be publicized.

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• Each branch to identify at least one village
  / colony / ward in their command area which can
  be made 100 Solar Village / Colony / Ward by
  covering all the households with solar lighting
  systems.

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The use of Solar Lighting system has definite
advantages, which are furnished below

• The system is very simple with very low operating
  / maintenance cost.
• The power generated can be utilized for domestic
  purposes as well as commercial / community needs
  viz. Street Lighting, Shops and Business
  Establishments, Hostels, Hospitals, operating TV
  etc.

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• Method of installation is simple and the unit is
  easily transportable.
• Cost of installation is a one-time affair and
  constant supervision is not required. The
  maintenance charge is negligible.
• The system is free from noise, pollution and
  other hazards.

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Purpose
Salient features of GGB Saur Vidyut Scheme

• To provide loans for purchasing Solar
  Lighting System with necessary accessories
  (conforming to MNRE specifications)

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Eligibility

• Households, small business establishments (micro
  business), hostels, hospitals, restaurants etc.,
  who have an assured source of income for meeting
  the repayment commitments.
• In case of those in employment, it shall be
  ensured that they have adequate income after all
  deductions for meeting their repayment
  commitments.

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Type of Loan

• Medium Term Loan repayable in 5 years (Priority
  Sector for agriculturists / businessmen and
  Non-priority sector for Salaried persons)

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System components

• The Solar Lighting System is normally sold as a
  package comprising of the following items
• Solar Photovoltaic panels
• Tubular batteries
• Charge controller panel or panel mounting
  assembly
• Luminaries
• Internal wiring

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Tie-up arrangement

• MANUFACTURER
• M/s. TATA BP SOLAR INDIA LIMITED, Head Office,
  Plot No.78, Electronic City, Hosur Road, Banglore
  560 100.

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Authorized Dealer

• Corporate Office
• Nine Corporate Energy Pvt. Ltd.,
• 4/21, Jungpura-B,
• Near Saga Departmental Store,
• Mathura Road,
• New Delhi 110 014
• Phone [phone]
• Fax [phone]
• E-mail ajaykhl_at_gmail.com

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Branch Office

• Nine Corporate Energy Pvt. Ltd.,
• 657, Sector 31,
• Faridabad,
• Haryana
• Phone No. 9818022299,
• 9310503008

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Loan Amount

• Amount of loan shall be 100 of the project
  cost, which includes cost of system, accessories,
  electrification etc.

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Unit Cost
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Margin Contribution

• No margin money to be insisted from beneficiary

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Security

• Hypothecation of Solar Lighting System

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Surety

• One good third party having sound net worth
  shall be taken as surety.

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Service Charges

• One percent of the loan amount or Rs.100/-
  whichever is higher.

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Credit Sanctioning Powers

• All loans under this scheme will be
  sanctioned at Branch Level on merits adhering
  to all norms of the Bank judiciously.

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Release of loan

• 50 of the credit facility (value of SLS)
  shall be given to the Supplier against delivery
  of Solar Lighting System and remaining 50 shall
  be given against installation certificate duly
  signed by the customers

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Rate of Interest

• Rate of interest - 11.00 P.A.

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Insurance

• Insurance cover for the units financed is not
  compulsory.

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Repayment of Loan

• The maximum period for repayment shall be 5
  years in convenient monthly / quarterly /
  half-yearly installments.

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Implementation of 100 Solar Village Concept

• Each branch shall identify at least one village /
  colony / ward in their command area which can be
  made 100 Solar Village / colony / ward by
  covering all the households with solar lighting
  systems.
• A series of awareness camps are to be conducted
  in association with approved dealer/s /
  manufacturer/s to achieve 100 coverage of the
  selected villages in a time bound manner.
• A few early responders are to be identified and
  persuaded to install solar lighting systems,
  which will create demonstration effect and
  motivate other villages to install solar lighting
  systems.

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Members of Board of Directors of NABARD visited
stall of Solar Home Lighting Systems during the
exhibition on Micro Finance arranged by Gurgaon
Gramin Bank on 28.11.2008 and the same was
covered under NABARD PARIWAR magazine of NABARD
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RECOGNITION/AWARD SCHEME FOR EXPANDINGLENDING
UNDERGGB SAUR VIDYUT

• Any Branch which finances at least 100 units
  shall be awarded with a Certificate of Merit from
  Area Office.
• Branch which extends credit under the Scheme to
  250 customers shall be recognized through a
  Certificate Award from Head Office.

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• Three branches from each Region amongst top
  Branches who extend credit facilities to over 250
  customers shall be selected individual
  Certificate will be issued to all staff of the
  Branch.
• The Branch which covers 100 in a village
  through this GGB Saur Vidyut Scheme shall be
  given special recognition / award through Board
  of Directors of the Bank.

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• Promotion of solar power, as the same is one
  amongst alternative energy sources, is both a
  social cause and also a business proposition for
  the Bank.
• Therefore, the Branches / Offices have been
  advised to take immediate action to aggressively
  market the product under the schemes by
  initiating the various steps

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• Awareness camps cum demonstration of the working
  of the solar lighting systems shall be organized
  in the operational areas of branches in
  association with approved vendors of solar
  lighting systems so as to generate demand for the
  product.
• Identify and assist eligible persons including
  all existing good customers / housing loan
  borrowers, for installation of solar lighting
  systems.

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• Branches / Offices should highlight the
  advantages of solar lighting systems not only as
  a source of clean energy but also as a viable
  economic proposition to the households and
  commercial establishments. The economic benefits
  of this technology as a means of reducing the
  cost of electric power need to be publicized.

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• Each branch shall identify at least one
  village / colony / ward in their command area
  which can be made 100 Solar Village / Colony /
  Ward by covering all the households with solar
  lighting systems.

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Progress under the Scheme

• Bank has organized more than 60 Awareness/
  Demonstration programmes during 2008-09
  benefiting more than 10000 people.
• Three villages viz. Gopal Pur in Sonepat
  District, Iqbal Pur in Gurgaon District and
  Ballaycha in Mohindergarh District have been
  declared 100 covered with Solar Home Lighting
• Bank has so far financed 5306 Solar home Lighting
  systems.

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Launching of GGB Saur Vidyut Yojna by Gurgaon
Gramin Bank on 28.03.2008
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Launching of GGB Saur Vidyut Scheme by Gurgaon
Gramin Bank on 28.03.2008
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Declaration of Iqbal Pur village (Gurgaon
District) as 100 Solar Home Lighting System
covered village
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Sh. V.Ramakrishna Rao, CGM and Sh H K Talreja, GM
,NABARD after visiting solar energy awareness
Stall put up by M/S TATA BP solar during NABARD
Directors visit to our bank on 28.11.2008
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Inauguration of Solar Home Lighting system at our
M.P.Ahir Branch by Hon' able Directors of NABARD
on 28.11.2008
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Sh. N T Hegde ,Chairman of our bank speaking on
the occasion of Installation of 101st Solar Home
Lighting System by our Katesra branch (Palwal
District) on 18.11.2008
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Solar panel being handed over to the beneficiary
by Sh R C Virmani, RM, Syndicate Bank, Faridabad
at a function organized by our Katesra branch
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Inauguration of 101st Solar home lighting system
financed by our Katesra branch
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Sh N T Hegde, Chairman and Sh R C Varmani, RM,
Syndicate Bank, Faridabad inaugurating the Solar
lighting system at Katesra branch
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Declaration of Iqbal Pur village (Gurgaon
District) By Smt. Deepti Umashankar, IAS, Deputy
Commissioner ,Gurgaon as 100 Solar Home Lighting
System covered village
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Deputy Commissioner, Gurgaon handing over the
sanction letter to a woman beneficiary for
installation of Solar Home Lighting System
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One of the beneficiaries working in kitchen under
light produced by Solar System financed by our
Sultan Pur branch
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Students studying Under Solar lighting system
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Declaration of Ballaycha village (Mohinder Garh
Distt.) as 100 Solar Home Lighting System
covered village
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THANK YOU