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HOW TO CALCULATE BANK DP

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 March 2011 Please tell me How to calculate Bank Dp for cc limit. Is there any file? kindly send me
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Rajan Kapoor

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Rajan Kapoor (Expert)
16 March 2011 Month End Closing Stock Rs. 25000 less margin Rs. 6250= Rs. 18750 Debtors Rs. 10000 less Margin Rs. 4000= Rs. 6000 Total Drawing Power (Stock +Debtors) Rs. 24750
Above is simple example for stock statement. Normally Margin for debtors are 40% but you should refer sanction letter of the bank. Also Give details of Opening Stock+Purchase-Consumption = Closing Stock
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