What is fund utilization certificate?

A fund utilization certificate is a document issued by a financial institution or a government agency that verifies the proper use of funds received by an organization or an individual.

What is fund utilization summary?

Use of funds is governed by the fund authority for the specified fund type, or in the case of trust funds for the specified account. Managers are responsible for understanding the restrictions on use for all fund types, and for any trust account utilized by the department.

What is CSR utilization certificate?

This is to certify that the following funds were disbursed and utilised for CSR projects, as. approved by the Board of Directors and monitored by the CSR Committee, during the period.

What is the purpose of the utilization certificate?

A utilization certificate is a document that is used to certify that a particular loan or grant has been utilized for the purpose it was intended for. Essentially, it is a way to ensure that the funds provided by a lender or donor have been used in the correct manner and have not been misused in any way.

What is a fund utilization certificate?

A fund utilization certificate is a document issued by a financial institution or a government agency that verifies the proper use of funds received by an organization or an individual.

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Form Of Fund Utilisation Certificate - Iitk Ac

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FORM OF FUND UTILISATION CERTIFICATE (PROJECTS/SCHEMES) Name of the Nodal Institution/ Department of Organisation : Name of the Project Scheme : Certified that out of Rs of Grantinaid sanctioned during.

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