Bank od loan
This query is : Resolved
ashok nimmagadda
(Querist)
25 February 2015
what should be minimum capital to obtain loan of rs 1 crore from bank
Rupesh Jain
(Expert)
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.
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.
ashok nimmagadda
(Querist)
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
please say what should be the capital and what other ratios do banks look
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