End use of funds certification

Involves certifying the end use of funds (expenditure or payments). This certification is typically requested by lenders where debt exists.

Estimated Time

1-10 days

Price Range

INR 6,000-10,000

Scope of Work

1. Understand the objective or the purpose of the certificate and stakeholders. 2. Obtain a statement from the entity showing the end use of funds received. 3. Verify the statement given with the bank statements/bank books and other relevant underlying financial records maintained by the entity. 4. Post verification issue a certificate opining on the end use of funds as indicated in the statement.

Documents Required

1. Underlying financial records/information 2. Documents/evidences for transactions included in the statement