HOW TO CALCULATE BANK DP

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2011 Please tell me How to calculate Bank Dp for cc limit. Is there any file? kindly send me

Rajan Kapoor

Rajan Kapoor (Expert)
Follow

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

Message likes : 3 times