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Former Member
Jun 06, 2008 at 09:25 AM

Cash Credit Bank A/c Interest Caliculations

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Hi

We have an Bank A/c having with Cash Credit facility. We use to do the regular transactions-Means Issuing the Cheques and Depositing the cheques - Under this Circumstances can I go with Balance

Interest Caliculations. If so Interest amount will it be match with the Banker Interest amount.

Please guide me accordingly.

Thanks & Regards