How to calculate Drawing Power of a Company availing the Packing Credit Facility.?
Menu
Packing credit
Replies (2)
Its a kind of working capital loan... but its free from fixed installments .Bank sanctioning your limit on review of Financial & Security value. So simply you can calculate your DP, but Bank to Bank DP limit fluctuates, normally 17 to 20 % of turn over or 60 to 100 % of your security, also they have a another restriction, they cant offer you more then 75% of costing of your estimation.
I think
Drawing Power calculation as Total Stock -Creditor - Dead stock = New Stock @ 80 % Given to Amount
thanks & regards
Ramanuj
Recent Topics :
- TDS on Property - Form 26QB Related
- Capital gains on sale of flat from wife to husband
- TDS filing for the 1st quarter of TY 2026-27
- Login into Old Traces Portal
- Professional Income reporting in ITR-3
- Pf exemption in hand of spouse on demised of husba
- Missed deadline to revise ITR for a foreign asset
- Durga Puja 2026 Dates: Mahalaya, Shashthi to Vijay
- Indo-MIM IPO Allotment Date, Status Check and List
- GSTR 1 filed but GSTR 3 B no filed
Related Topics :
CAclubindia
