A bank solvency certificate is a financial document used to prove financial soundness. The banks issue this certificate after checking your transaction history and verifying your documents.
Where can you use this Certificate?
While applying for specific government tenders
While applying for government licenses such as Class D or any other contractor license.
While applying for Visas.
Documents Required for Bank Solvency Certificate
Request form
Copy of passport
Current account statement if any
Savings account statement if any
Mutual funds investment, if any
Investment in shares, if any
Property valuation certificate from a chartered engineer, if applicable
Gold valuation certificate, issued by banker based on the weight and value of gold
Insurance details, if any Chartered accountant net worth certificate