ARYAVART BANK

ANNEXURE- I ECONOMICS OF ROAD TRANSPORT

OPERATOR
1. Area of operation :

2. Type of vehicle : New/old (If old, it should not be more

than 3 years old from the date of first
Registration)
3. Name of manufacturer and carrying :
capacity of vehicle
4. Total Cost of vehicle :
Of which -
a) Cost of chassis :

b) cost of body :

c) cost of stepney :
d) Insurance premium for one year :
e) Vehicle tax for one year :
f) Sales Tax
:
5. Margin amount (state source) :
6. Loan Proposed (4-5) :
7. Monthly estimate of :
Earnings Expenses
a) Average No. of days run ___________ a) Per litre average run (Kms.)
per month (Max. 25 days) ____________
b) Average run per day ___________ b) Total fuel consumption per ___________
(Kms.) month (litres)
c) Total run per month (axb) ___________ c) Monthly fuel consumption ____________
(including oil) & price per
litre
d) Freight rate per KM and ___________ d) Taxes (for 1 month) ___________
per ton (Rs.)
e) Insurance (for one month) ____________
f) Depreciation ___________
g) Interest on loan ___________
h) Salary to driver and ___________
cleaner.
i) Repairs & ___________
replacement
j) Living expenses ___________
Total Earnings (A) : ___________ Total Expenses (B) ___________

NET PROFIT (A - B) : ____________

8. Net surplus available per month i.e. net profit : Rs. _____________________
Add : Depreciation : Rs.______________________

Total : Rs._____________________

9. Monthly instalment of term loan : Rs.____________________

10. Debt Service Coverage Ratio (DSCR should be between 1.5 and 2) :

This may be worked out as under :

 Net Profit + Depreciation + Interest on Term Loan
Instalment of term loan + Interest on term loan

NOTES :
I Average run per litre a) Trucks (diesel) : 3.5 to 4 Kms.

b) Tempo : 10 to 11 Kms.

c) Ambassador : 9 to 10 Kms.

d) Auto rickshaw : 25 Kms.

11. Depreciation :

a) Taxi and Truck & Tempo : @ 15%

b) Auto rickshaw : @ 20%

III. Rate of Interest :

Upto 2 vehicles : 12.50%

:
Over 2 vehicles 15.00%

IV. Repairs & Replacement

Truck @ 10% of cost + cost of 6 tyres.
Tempo @ 15% of cost + cost of 4 tyres.
Car @ 10% of cost + cost of 4 tyres.
V Insurance :

VI. Number of Dependents in the family :

Average expenses per person :
Rs.500/- to be taken into account for
calculation of living expenses.