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overdraft facility

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(Querist)
18 October 2017 In a Business firm how much amount of money will be get OD as from Bank? Suppose I need Rs.300000 OD as from Bank how inventory will be keep in my firm?
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Dr. ShamsheerKhan

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Dr. ShamsheerKhan (Expert)
18 October 2017 In case your account is healthy, Generally you will be allowed with a limit upto fifth part of your protected sales turnover.

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