I have a small QUERY..
One of my friends have not shown his home loan that he is paying in liabilities . He has also not shown his house cost as Assets.
If VO asks for Proof of funds, he has requisite balance. His query is:
1. Will VO have any objections that why Loan component was not shown? And if they will have Will they also consider that he also has a house which is 2 times the cost of loan?
2. Do they look this minutely or they just check balance?
3. Is it ok to provide proof of funds certificate rather than bank statement as in POF certificate they only mention that day’s balance?
4. DO they ask POF for every case?
Request your views..
Regards