Categories
Thoughts

Bank Balance

For VISA applications, loan applications etc, a lot of people ask for last few month’s bank statement. I wonder how accurately can a bank statement capture one’s finances?
For example, even though I have sufficient funds for my needs and small emergencies, in the past 6 months my bank balance has never been more than 15k for a period of more than a week.

however, if I take a small loan, (or put my contingency funds, which I keep in cash in the bank) the same bank statement would look much more attractive.

 

street, Bengaluru South, Karnataka, India

2 replies on “Bank Balance”

Well u can always ask ur friends/relatives to transfer money to ur account. take a statement and use it for applications.
It never makes any sense.
It might be their standard procedure…

Leave a Reply

Your email address will not be published. Required fields are marked *