SMFCL — Release of Interest Subvention (Release Flow Step 3)
Review validated claim and authorize fund release to borrower's loan account
Borrower
M/s Indian Shipbuilders Pvt. Ltd.
Account No.
SBIN00123456789
Bank / Branch
SBI — Nhava Sheva
IFSC Code
SBIN0001234
Claim No.
3rd Claim (IIF-CLM-2026-00003)
Last Release Date
15 Jan 2026
Last Release Amt.
Rs. 187.50 Lakhs
Cumulative Released
Rs. 375.00 Lakhs
Present Claim — Computation & Recommendation
Amount of Interest Debited (Lakhs)
265.63
EMI Paid by Borrower (Lakhs)
265.63
Calculated Amount of Interest Subvention (Lakhs)
93.75
Amount Recommended against IIF (Lakhs)
Pre-Release Verification Checklist
Internal Approval Note
Interest Subvention Released
Rs. 93.75 Lakhs has been approved for release to the borrower's loan account. Fund transfer initiated. Both borrower and lender have been notified.
Release Reference
IIF-REL-2026-00003
Release Date
20 Jun 2026
Amount Released
Rs. 93.75 Lakhs
Cumulative Total
Rs. 468.75 Lakhs