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- January 17, 2014
- Preferred qualification: Postgraduate
Add a quick reply to 'Necessity of Bank statement and affidavit in the application process'
Hi Nandhini ! Yes it is must that you need to submit Financial documents otherwise it is considered to be incomplete application. Bank statement (1 day's statement, no transaction details required) should have funds of minimum 25-28 lakh and Affidavit of Support of your sponsor. There can be multiple sponsors also. Also some Bank offers Pre loan sanction statement depending on the asset that you submit (they will look for 100% collateral + clarity in documents of assets you show).