Cc loan

Dear Sir/Madam i am planning to get an SME loan amount to Rs 10 lacs from SBI. it will be a CC loan but my CA shows my annual turnover Rs 31,25,642/-for the year 2016/17 and Rs 23,56,640/- for the year 2015/16. will there be a problem?
Replies (2)

Dear Nayanmoni,

It totally depends on many factors and many fanancial ratios are taken into consideration for santioning the loan/Cc henceofrth based on above figure no one can judge the feasibility of credit worthiness of your organization. 

But based on above figures we can judge that your turnover is in increasing trend and the same should be with profit also.

kindly drop a mail on caammalvi @ gmail for more information. 

Thank you Sir.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details