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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chatComments
Anonymous
watch_later 1 month ago
A small business person wanted Rs:6 lacs business loan from bank for bank loan purposes.
Question:
Assess how much amount sales turnover and net profit show in f.y 19-20.
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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