How much housing loan avalibale from bank

224 views 6 replies
User Avatar

B.com
3024 Points Posted on 26 March 2022

A Small business non gst registered  person sales of turnover rs:32 lacs in f.y. 19-20 and sales of turnover rs:35 lacs in f.y.20-21.if a person vacant site value rs:25 lacs for registered value.

Question:

A person how much housing loan avalibale  as per sales turnover and site registered value received  from bank loan purposes.

1 Reply Share Follow
On 26 March 2022 at 15:26 Report
Replies (6)
User Avatar

CFO- at NHTF
58280 Points Posted on 26 March 2022
It depends on bank to bank
Reply
On 26 March 2022 at 19:08
User Avatar

Profession Business
28244 Points Posted on 27 March 2022
It does not depend from bank to bank. It's more or less fixed. All commercial banks have to retain a certain percentage with the rbi.
Reply
On 27 March 2022 at 07:03
User Avatar

CFO- at NHTF
58280 Points Posted on 27 March 2022
Turnover and profits are the criteria for giving loans but each bank has separate rules for giving the amount of loans .

Few banks give loan of 5 times the net profit & few banks give 10 times the net profit..

It vary from Bank to bank
1 Reply
On 27 March 2022 at 07:12
User Avatar

B.com
3024 Points Posted on 28 March 2022
Property value based how much loan available
Reply
On 28 March 2022 at 09:42
User Avatar

Profession Business
28244 Points Posted on 28 March 2022
Turnover and profit are not the criteria for an individual but for a company involved in infrastructure projects. Cash reserve ratio is maintained by all commercial banks with rbi.
Reply
On 28 March 2022 at 10:07
User Avatar

CFO- at NHTF
58280 Points Posted on 28 March 2022
Then mention zero turnover and zero profit..You will get zero loan for sure ..
Reply
On 28 March 2022 at 11:07

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details