




Over Draft Loan : Eligibility Criteria
ELIGIBILTY CRITERIA 
SELF EMPLOYED 
1 ON TURNOVER BASIS 
A GROSS MARGIN IS CALCULATED ON TURNOVER IN A YEAR IS TREATED AS PROFIT.65% OF THAT PROFIT & IS DIVIDED BY 12 GIVES US MONTHLY INCOME WHICH CAN BE PAYABLE FOR EMI. 
2 ON NET PROFIT BASIS 
WE CONSIDER NET PROFIT OF FIRMS .I.E
FOR PROPREITORSHIP, NET PROFIT ADD 100% DEPRECIATION ,
FOR PARTNERSHIP,NET PROFIT ADD 100%DEPRECIATION ADD PARTNERS SALARY ADD INTEREST ON CAPITAL
FOR PRIVATE LIMITED, NET PROFIT ADD 100%DEPRECIATION ADD DIRECTOR SALARY ADD INTEREST ON CAPITAL
70% OF THE ABOVE TOTAL IS TREATED AS PROFIT & IS DIVIDED BY 12 GIVES US MONTHLY INCOME WHICH CAN BE PAYABLE FOR EMI . 
3 ON SALARY BASIS 
70% OF GROSS SALARY IS TREATED AS MONTHLY INCOME WHICH CAN BE GIVEN FOR EMI . 
4 CONTINUITY 
ATLEAST 2 YEARS CONTINUITY IS REQUIRED IN BUSINESS. 
5 ON RENTAL BASIS 
70% OF RENT RECEIVED PER MONTH IS TREATED AS MONTHLY INCOME WHICH CAN BE PAYABLE FOR EMI. 

IN ALL ABOVE PROGAMS ,
IF LOANS ARE RUNNING,THEN EMI OF THAT LOANS ARE DEDUCTED FROM MONTHLY INCOME & WE GET THE AMOUNT WHICH CAN BE PAID FOR EMI.AFTER THAT WE DIVIDE THAT AMOUNT FROM PER LAC EMI GIVES US THE LOAN AMOUNT .I.E
MONTHLY INCOME –ALREADY RUNNING MONTHLY EMI=EMI PAYABLE
THEN EMI PAYABLE/ PER LAC EMI=LOAN AMOUNT
(EMI IS ESTIMATED MONTHLY INSTALLMENT ) 




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