Fund Utilization Certificate

A Fund Utilization Certificate is a document that outlines the allocation of funds acquired from lenders or investors for specific purposes. It is prepared by individuals or companies and submitted to banks, lenders, or investors. This certificate is obtained to comply with the relevant legal provisions and is submitted to the appropriate regulatory authority as required.

Use/ Benefit

1. Required by authority Govt., Semi-Govt., Trust, Donor, Lender etc.
2. Helps in obtaining Grant-in Aid, Funds etc. from respective authorities.