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Solvency Certificate Application ProcedureRequest 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 Chartered Engineer, if applicable.More items...
Solvency certificate is a document that provides information about the financial stability of an individual/entity.
Measuring Solvency Solvency is defined as the ability of a company to meet its long-term financial commitments. Solvency is proved once the total reserve balance acquired using proof of reserves is shown to be sufficient to cover the total liabilities acquired using proof of liabilities.
Sir/ Madam, Respected, I am (Name) and I do hold a savings account in your branch (branch name). My account number is (Account number). Most humbly, I write this to request you for issuance of a solvency certificate in my name for the above-mentioned bank account.