Sales Turnover And Net Profit For Bank Loan Purposes

watch_later 1 month ago

A small business person wanted Rs:6 lacs business loan from bank for bank loan purposes.


Assess how much amount sales turnover and net profit show in f.y 19-20.

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1 Answer

PRADYUT BAG watch_later 1 month ago

1st you have to express "how much year" you will avail the loan.

say, you want to take this 6 lac loan for 3 years, 

you need to show profit 4.5 lac minimum yearly.



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