THE GATS URBAN CO-OPERATIVE THRIFT & CREDIT SOCIETY LIMITED Company Profile

About Us We are The GATS Urban Co - operative Thrift & Credit Society Ltd. with its registered office at SCO 1 – 3, B, Swami Vivekanand Vridhashram Market, B Block, Model Town Extension, Ludhiana – 141002, Punjab. The Society is registered vide Regn. # 28 with Punjab Co - operatives Societies on 30:04:2010. and has license to operate through out the state of Punjab. Presently, the society has started accepting deposits in the shape of Fixed Deposits, Recurring Deposits, Saving accounts etc. The product of Recurring Deposit Scheme is a unique and innovative product and the society is getting overwhelming response from the market. The society has also started giving advance to people against security of gold or immovable property at very competitive and affordable rates. We accept the deposits in the shape of Fixed Deposits, Recurring Deposits and Saving Accounts etc. The rate of interest ranges from 9% to 12%.

Our Vision & Mission The society is now looking forward to obtain license to operate in other states of the country, for which requisite is being done and is hopeful to get the license to operate in others states of the country by this calendar year. Thereafter, the society intends to approach RBI to get a formal license to act as a bank. The company is run by highly qualified professionals under the able and dynamic guidance of Er. Nalin Tayal, Managing Director, Er. Nitin Tayal Executive Director and a team of professionals. The group is diversified into five verticals viz: Technical Consultancy Legal Consultancy NPA Management Thrift & Credit Society Merchant Banking Company is in the process of establishing an Asset Reconstruction Company in the name & style of Genesis Asset Reconstructions Limited.

Functioning / Objective of Society The society is registered to act as urban corporative society in the state of Punjab. The society is formulated to create awareness amongst citizens / residents towards deposits, accept deposits and give credit to its members for their needs and requirements. The society is so formulated with the objectives of: 1. Providing micro credit facilities to the poor in urban areas for enabling them to raise their income levels and improve their living standards. 2. Provide banking structure to the poor 3. Promoting saving habits among the urban poor 4. Extend credit facilities to urban poor for a. Income generation activities b. Social needs like housing, education, marriage etc. c. Debt swapping etc. Presently, the society is operating from a branch in Ludhiana, which is centrally and ideally located. The branch is fully computerized and technically upgraded..

Resources Of Funds The society is issuing equity shares to its members for Rs.100/- each and is accepting deposits from its members. The society is seeking “channel financing/ refinancing “model and the matter under discussions / considerations with central co-op bank and other PSU banks and private sector banks. The society is aiming to finance urban poor people, who do not get credit facilities from banks and are forced to borrow money for their needs from private finances who charge heavy interest rates. We are also exploring possibilities of borrowing funds from various foreign funds investing in India and other PSU Banks. The society is at present having total business of ` 11.14 Cr.

Business Profile Financial Year Deposits (`) Advances (`) Profit (`) 2010 – 11 39,57,418.00 27,26,962.00 24,795.00 2011 – 12 60,42,121.00 50,51,612.00 68,922.00 2012 – 13 83,09,090.00 78,01,573.00 4,86,824.00 2013 – 14 96,67,025.00 103,53,463.00 14,42,428.00 2014 – 15 110,62,301.00 128,90,996.00 29,06,653.00 2015 – 16 191,31,369.00 185,68,541.00 16,41,417.00 2016 – 17 (till date) 562,83,781.00 551,32,975.00 22,17,308.00

Number of Members Financial Year Members 2010 – 11 89 2011 – 12 115 2012 – 13 244 2013 – 14 637 2014 – 15 653 2015 – 16 772 2016 – 17 (till date) 5648

SWOT STRENGTHS The promoters have over Seventeen years of experience as consultants / advisor to banks / FIs. The professional team consists of highly experienced and qualified ex – Bankers, Chartered Accountants, Chartered Engineers, Company Secretaries, Advocates, etc. The Bye – Laws, follow up and checks are so strong that there is hardly any chance of default of funding. Customer Service of highest order publicized which helps in increasing the business profile of the society. Marketing efforts by the staff leads fortune results. Our excellent, experienced & dedicated team has upper edge over all the competitors in the area.

WEAKNESSES / THREATS Our competitors are very strong and have very big equity and deposit base. we have less numbers of branches as compare to our competitors. we have small equity and deposit base. OPPORTUNITIES A large number of people, who are not eligible for credit by the banks, are available for giving loans. Society has higher lucrative rates on deposits which attracts the depositors.

SERVICES WE OFFERED LOANS OTHER SERVICES LOAN AGAINST DEPOSIT LOAN AGAINST SECURITIES LOAN AGAINST PROPERTY GOLD LOAN OTHER SERVICES PAN CARD INCOME TAX RETURN AIR TICKET BOOKING PASSPORT APPOINTMENT

LOANS PERSONAL LOAN @ 24% P.A LOAN AGAINST PROPERTY @ 18% - 22 % P.A LOAN AGAINST SECURITY @ 18% P.A LOAN AGAINST DEPOSIT UPTO 80% DEPOSIT @ 20% P.A LOAN AGAINST GOLD @ 18% P.A MAHILLA JEWELLERY LOAN @1 8%

DEPOSIT SCHEMES SAVINGS ACCOUNT RECURRING DEPOSIT SCHEME DAILY DEPOSIT SCHEME EVERYBODY LAKHPATI YOJANA DOUBLE YOUR MONEY MONTHLY INCOME SCHEME FIXED DEPOSIT DOUBLE + PENSION YOJANA

SAVING ACCOUNT (S.A) OPEN A SAVINGS ACCOUNT ONLY WITH RS.3000/- @ 6% P.A

RECURRING DEPOSIT (R.D)   AMOUNT 12 MONTHS 36 MONTHS 60 MONTHS TOTAL AMOUNT MATURITY AMOUNT TOTAL AMOUNT 100.00 1,200.00 1,266.00 3,600.00 5,275.00 6,000.00 8,222.00 200.00 2,400.00 2,533.00 7,200.00 8,549.00 12,000.00 16,445.00 500.00 6,333.00 18,000.00 21,373.00 30,000.00 41,112.00 1000.00 12,665.00 36,000.00 42,746.00 60,000.00 82,220.00

DAILY DEPOSIT SCHEME (D.D.S) Amount Total amount (1 year) Interest amount (10%) Maturity amount 20.00 7,300.00 378.00 7,678.00 50.00 18,250.00 946.00 19,196.00 100.00 36,500.00 1,892.00 38,392.00 200.00 73,000.00 3,785.00 76,785.00

EVERYBODY LAKHPATI YOJNA (EBLY) Duration Per-Month Amount Total Amount Maturity Amount 36 Months 2345.00 84420.00 100025.00 60 Months 1225.00 73500.00 100270.00

MONTHLY INCOME SCHEME (M.I.S) Sr. Citizen Monthly Income Duration Rate of Interest Normal Monthly Income (e.g 1,00,000) Sr. Citizen Monthly Income PRE- PAYMENT  12 Months 10.00 833.33 10.50 895.83 After 6 Months  24 Months 10.25 854.17 10.75 875.00  After 1 Year  36 Months 11.00 916.67 11.50 958.33 After 2 Years  48 Months 12.00 1000.00  60 Months 12.75 1062.50

Rate of Interest (Normal) Rate of Interest (Sr. Citizen) FIXED DEPOSIT (F.D) DURATION Rate of Interest (Normal) Rate of Interest (Sr. Citizen) PRE-PAYMENT 3-6 months 7.50% Not allowed ------ 6 months – less than 1 year 9.50% 10.00% After 3 months 5.00% 1 year – less than 2 year 10.50% After 6 months 6.00% 2-3 years 10.25% 10.75% After 1 years 7.00% 3-5 years 11.00% 11.50% After 2 years 8.50% 5 years & above 12.00% 12.75% After 4 years

Comparison of ROI With Banks (FD) DURATION GATS Rate of Interest Banks Rate of Interest 3-6 months 7.50% 6.75% 6 months – less than 1 year 9.50% 1 year – less than 2 year 10.00% 2-3 years 10.25% 3-5 years 11.00% 5 years & above 12.00% 7.25%

Comparison of ROI With Banks (RD) DURATION GATS Rate of Interest Banks Rate of Interest Minimum Maximum 1st Year 9.50% 10.00% 3.5% 7.75% 2nd Year 10.50% 5.25% 3rd Year 11.00% 11.50% 6.40% 9.25% 5 Years or above 12.00% 12.75% 6.50% 8.25%