A proprietary firm(Transport Business) want take a car loan of Rs 5 lakh ( For 5 years) what is ideal profit for sanction the loan from bank
Jayaram Damodare (Accoutant) (257 Points)
07 March 2017A proprietary firm(Transport Business) want take a car loan of Rs 5 lakh ( For 5 years) what is ideal profit for sanction the loan from bank
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170785 Points)
Replied 07 March 2017
Depending upon goodwill of the existing business anything between 25 to 30% net.
jaymin shah
(sr. executive)
(26 Points)
Replied 07 March 2017
Also many Online Fintech - loan market places help you to find best loan from best bank.
gulab
(proprietor)
(51 Points)
Replied 08 March 2017
THERE IS NOTHING LIKE IDEAL PROFIT but it should not be less than the instalments payable for a year .
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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