1 Addressee & Client Details
Bank branch this certificate is addressed to, and the borrower being certified.
2 Projection Period & Unit
Number of years to project and the unit in which figures are stated.
3 Year-wise Financial Projections
Enter Profit After Tax, Depreciation, Interest on Term Loan, and Term Loan Principal Repayment for each year.
4 Certifying CA / Firm Details
Signatory information that will appear at the bottom of the certificate.
CA CERTIFICATE ON DEBT SERVICE COVERAGE RATIO (DSCR)
Based on the information and explanations provided by the management and on the assumptions contained in the project report, the Debt Service Coverage Ratio (DSCR) has been computed as under:
The projected DSCR indicates that the enterprise is expected to generate adequate cash accruals for servicing the proposed term loan obligations, subject to achievement of the projected sales, profitability, and cash flow assumptions contained in the project report.
This certificate is issued at the specific request of the client for submission to Canara Bank in connection with the proposed credit facilities and should not be used for any other purpose.