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Finance Dept. Daily Activities Report

The finance department is responsible for various activities related to managing loans from banks. These include preparing new loan proposals, submitting loan reschedule proposals, and requesting changes to interest rates or loan validity periods. They are also responsible for all documentation related to loan proposals such as project profiles, cost estimations, collateral identification and valuation, and legal documents. Additionally, the department prepares existing loan repayment schedules, annual bank plans, interest calculations, payment notes, and bank statement reconciliations.

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Kamrul Hasan Khan Shatil
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48 views4 pages

Finance Dept. Daily Activities Report

The finance department is responsible for various activities related to managing loans from banks. These include preparing new loan proposals, submitting loan reschedule proposals, and requesting changes to interest rates or loan validity periods. They are also responsible for all documentation related to loan proposals such as project profiles, cost estimations, collateral identification and valuation, and legal documents. Additionally, the department prepares existing loan repayment schedules, annual bank plans, interest calculations, payment notes, and bank statement reconciliations.

Uploaded by

Kamrul Hasan Khan Shatil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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RG

Daily Activities Report of Finance Dept.


(Reporting by AGM, Finance & Bank) to Hon. Chairman, RG
SL. Department's Responsibilites Bank Name Date Remarks
1 Prepare new loan proposal

2 Submission of new loan proposal

3 Prepare and submit loan reschedule proposal

4 Request for reducing rate of interest and pursue

Prepare and submit proposal for time


5
extension of loan validity

6 Loan proposal related all works:


a. Prepare all documents related to loan
proposal
b. Prepare project profile

c. Prepare Standard cost estimation

d. Identify collateral security

e. Ensure collateral valuation by bank

f. Visit proposed property with bank


Daily Activities Report of Finance Dept.
(Reporting by AGM, Finance & Bank) to Hon. Chairman, RG
SL. Department's Responsibilites Bank Name Date Remarks
g. Legal vetting of collateral property
h. Follow up Banks and others regarding
proposal (if any)
i. Prepare financials for financing
j. Collect project related documents from
Estate dept. and submit to banks
k. Execution of mortage formalities
l. Maintain and liaison with banks(branch
and H/O) regularly

7 Existing collateral redemption related works:


a. Prepare redemption proposal and
submit to bank
b. Collect redemption related documents
and submit to bank
c. Collect related property documents

d. Legal vetting for new collateral (if any)


e. Visit with bank for valuation proposed
property
Daily Activities Report of Finance Dept.
(Reporting by AGM, Finance & Bank) to Hon. Chairman, RG
SL. Department's Responsibilites Bank Name Date Remarks
f. Legal and land related documents
submit to bank

8 Functional works:
a.Prepare existing bank loan repayment
schedule
b. Prepare annual bank plan

c. Interest calculation and update

d. Prepare payment note

e. Prepare advice for related ledger update

f. Collect bank statements and reconciliation


with our accounts

g. Prepare all bank corresponds related


letter and deliver to bank
h. Prepare bank related Board resolution
i. Prepare Interest rate related letter and
pursue

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