banner_ad

Bank loan

This query is : Open 
Profile Image

Profile Image

(Querist)
10 October 2016 is there any formula adopted by banks for availing the loans on the basis of clients ITR?? are there any common calculations on which banks rely on to provide loan amount to its customers??? how they calculate loan amount eligibility using ITR??
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
10 October 2016 depending upon the type of loan.....e.g. housing loan 40 times of salary
Profile Image

CA ANILKUMAR B.COM FCA DISA

Profile Image

CA ANILKUMAR B.COM FCA DISA (Expert)
10 October 2016 Every banks have their own parameters in Appraising for a loan and own norms in considering the financial values in the ITR. Some FIs consider income as reflected in ITR and some consider whatever be the cash profit. It will depend on their rules formed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details