Funds to stay in bank for entire duration of application or just for stats

[jaiho]

Respected Esteemed Fellas,

My question is that Funds need to stay in the bank for entire duration of application or just only for bank certificate and then I can take them out.

For eg. I need Rs 9,00,000 (Approx) for four family.I donot have it. I will borrow it. Do I need to keep this funds for entire duration of application till it is finalized or just for bank statement and then return it to borrower.

esteemed advise solicited!

reagards.

 

[sanjeevindia]

It's better if you keep this money in bank for entire process. CHC can verify these funds at any time and they may call proof of funds at any time again, if they deem fit. so my advise, keep it in the account.

 

[explorer101]

Keep it in your account till you get decision made status on your application