10 December 2016
Hello, I want to know that how banks calculate and disbursement of car loan amount after retaining their margin %. Lets suppose,i want to buy Rs.15 lakh car and having a net profit of Rs.6.5 lakh for the two preceding year of the relevant current year of applying a loan, Please let me know the criteria of assessing loan granting approach of banks ,as my client has a relevant query of the said example Do reply
10 December 2016
So how much i can get loan from bank,i just want to know only the banks criteria of provididng loan on basis of net profit. Assist me.
CAclubindia
