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Cc limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2012 Respected Experts

Greetings of the day

Turnover 10 Crores
Stock 2.25 Crores
Debtors 3.5 Crores

How much CC limit could be provided by bank.

Thanks
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Amol S Joglekar

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Amol S Joglekar (Expert)
14 December 2012 It is not a MATHEMATICAL derivation, please note. UPTO 75% of NET working capital (4.31 cr)OR upto 33% of turnover (3.30 cr)
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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2012 thank you.
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