How the DP limit is calculated ? can anybody clarify me please ?
CA Mitesh Shah (Chartered Accountant) (68 Points)
17 February 2010How the DP limit is calculated ? can anybody clarify me please ?
Pavan Daga
(business)
(125 Points)
Replied 18 February 2010
Dear Mitesh,
Can you be more specific, about the requirement.
Normally in the Bank sets the DP Limit of the shortfall amount with Some margin on that.
Eg: if the shortfall is Rs. 100, Margin in 25%, then the DP limit available shall be Rs. 75/-
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