POSTED BY March 19, 2013 12:49 pm COMMENTS (25)ON
Please help me understand – What is Book Balance, Available Balance, Limit and Drawing Power. I have sanctioned 28.5 Lacs loan from SBI. 100% disbursement is done from bank. When I logged in to max gain account, I got following figures
Book Balance -27,40,007.00
Available Balance 64,031.00
Drawing Power 28,04,038.00
Please help me understand above figures.