proof of funds question: home ( but on loan)

[vincent.forums]

I have taken a home loan for 70 lacs for a new home.

The home is valued accordingly.

I have already paif 6 mths emi, can this home or emi paid be shown as proof?

 

[J-A]

No. Liquid funds only.

 

[J-A]

These funds could be in the form of:

• cash,
• documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.), or
• documents that guarantee payment of a set amount of money, which are payable to you (such as bankers’ drafts, cheques, travellers’ cheques or money orders).

 

[adnan.mohammed]

In the above case, do we have to maintain a cash balance over and above the 70 lac loan. For instance the CAD for two applicant is around is 16,170 i.e 8,50,000. Does the primary applicant need to maintain 70 lac + 8.5 lac i.e 78.5 lacs in liquid cash in INR?
I have a home loan pending of 12,00,000 and the house is valued at 25,00,000, wondering how much liquid cash is required to be maintained?