Schedule of Repayment of Term Loan & Working Capital Loan
i Term Loan
| Year |
Opening Balance |
Installment |
Closing Balance |
Interest @ 13% |
| 1st Year |
560000 |
124444 |
435556 |
72800 |
| 2nd Year |
435556 |
186667 |
248889 |
56622 |
| 3rd Year |
248889 |
186667 |
62222 |
32356 |
| 4th Year |
62222 |
62222 |
0 |
8089 |
| 5th Year |
0 |
0 |
0 |
0 |
| 6th Year |
0 |
0 |
0 |
0 |
| 7th Year |
0 |
0 |
0 |
0 |
| 8th Year |
0 |
0 |
0 |
0 |
ss
ii.Working Capital Loan
| Year |
Opening Balance |
Installment |
Closing Balance |
Interest @ 13.5% |
| 1st Year |
258000 |
57333 |
200667 |
34830 |
| 2nd Year |
200667 |
86000 |
114667 |
27090 |
| 3rd Year |
114667 |
86000 |
28667 |
15480 |
| 4th Year |
28667 |
28667 |
0 |
3870 |
| 5th Year |
0 |
0 |
0 |
0 |
| 6th Year |
0 |
0 |
0 |
0 |
| 7th Year |
0 |
0 |
0 |
0 |
| 8th Year |
0 |
0 |
0 |
0 |