A Financial Statement is a very important document to check the health and financial position of any business at a specific point in time. They include key data on what your company owns and owes and how much money it has made and spent.
A Financial statement has to be submitted to bank when applying for loan. Bank Managers decide on the loan eligibility of applicant based on Profit & Loss and Balance sheet of a Business or Individual.
Documents required: Aadhar, PAN, Bank Statements, Existing Loan statements, Quotation if any.
