Easy Office

Bank od loan

This query is : Resolved 

25 February 2015 what should be minimum capital to obtain loan of rs 1 crore from bank

25 February 2015 its depend of the nature of loan term loan, c/c limit, l/c limit.
and what kind of use and type of industry.
time for repayment of loan etc.
every bank required diff. norms for that.

for c/c limit bank give 10-15% of the turnover .
with stock and debtors and collectral security of director/partner/prop. assets.

25 February 2015 for cc od with security as immovable property

please say what should be the capital and what other ratios do banks look




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries