Calculation of Drawing Power : Banknet India


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Name :	Bhanwar Purohit
Subject:	Calculation of Drawing Power
Message :	Loan or Limits are being fixed against HYPOTHECAION of particular stock. The borrower use to submit his stock statement on regular basis say monthly, fortnightly and quarterly as decided by the bank and the borrower. Bank and borrower both are agree vide an arrangemetn letter regarding % of the margin on the stock. so after reducing the margin the bank allow a borrower to draw amount against the stock and fixed the Drawing power subject to the maximum of his loan.

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