Msme loan calculation procedure gst turnover based

A registered composite scheme pharmacy business dealer annual turnover rs:140 lacs yearly
dealer msme registered loan amount eligible rs:14 lacs tenure :3years emi.
question:
how the calculation procedure msme loan on turnover based.
Replies (1)

Depending upon the type of the loan taken.

Generally, overdraft loan sanctioned is 10/12% of average turnover.

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