Car loan finance.
This query is : Resolved
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
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.
Assist me.
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