BUYER FUNDING CONFIRMATION LETTER
1. TRANSACTION
On __________, __________ provides this funding confirmation concerning the proposed purchase of __________ (__________): __________, at a proposed price of __________.
2. FUNDING STRUCTURE
Funding structure: __________. Own funds presently identified: __________.
Loan status: __________.
Proof level: __________.
3. USE AND LIMIT
Confidentiality/use: __________. Financing-condition effect: __________.
This letter is a transaction-capacity confirmation, not a bank guarantee, lender commitment or irrevocable proof that funds will remain available until completion.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to confirm the buyer’s proposed funding structure and permit limited transaction-capacity assessment before agreement, communicate about that purpose, verify information expressly supplied, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the buyer, seller, authorised broker/agent, advocate, lender, valuer, project promoter, escrow/payment provider or statutory authority directly involved in the stated property transaction or verification.
If the proposed transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased. If the transaction proceeds, the record will be retained for the term of the transaction plus 12 months and then erased, except for a record that a statute requires to be kept for a longer named period.
A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or unrelated identity material. PAN, banking and financing information is included only in a document whose transaction purpose genuinely requires it.
Personal-data instruction: __________.
SIGNATURE
Buyer: __________
Buyer address: __________
Seller: __________
Seller address: __________
Record-holder: __________