Bank statement

[tariqiqbal104dnb]

Hi,
  Is bank statement requirement of CIO,at an initial stage when we submit our application to the CIO?
Kindly,write me in detail about this confusion.I also want to know that from how many days amount should be in account.Is it possible that I put money in my account and get statement and I draw money from my account and submit application and when visa office demand re statement we will put the required amount and get statement .
Regards,
Tariq Iqbal

[mute_man]

no one would, recommend that!! it's better to keep the money till the visa issued. remember, I said better not mandatory!! 

[nikhil_miral]

I have also the same confusion...

Can anybody tell me what does the bank statement contains ?
Does it only shows the balance on the date it is issued or it shows the balance sheet for some time period ?

[wilson]

Hi,

Yes you need  a Bank statement - original - with bank seal is to be submitted as POF with the application. Usually CIC prefer a bank statement  for a period of 6 months or more which shows  the required fund or more. That can be either by way of term deposit (fixed) or any other form of account in your name (or in spouse's a/c if  she is also included in your  application ).

In fact you should maintain the required fund in your account till you get the PR visa and should show the POF ( cash, draft or TC preferred) while landing. But if you withdraw the amount  in between the process and utilize it for other needs, you may probably have to face the consequence if any. I cannot say what would happen if you withdraw the funds..

[mute_man]

yes

[wilson]

I have also the same confusion...

Can anybody tell me what does the bank statement contains ?
Does it only shows the balance on the date it is issued or it shows the balance sheet for some time period ?

Hi Nikhil

Bank certificate will be in any style according to the Bank, a/c type and  of operated accounts. For example if you have only one fixed deposit, the bank may issue a letter like this: ( the text can be different ):

  Bank Name, address


  Certificate of account
or To whom it may cencern

This is to certify that Mr/Ms .............. has the following account with this bank.

Account No.........
Date of deposit ..................
Maturity date ......................
Amount .............................
Maturity value ......................


   Bank Seal                                Signature, Seal and date

[nikhil_miral]

Hi Nikhil

Bank certificate will be in any style according to the Bank, a/c type and  of operated accounts. For example if you have only one fixed deposit, the bank may issue a letter like this: ( the text can be different ):

  Bank Name, address


  Certificate of account
or To whom it may cencern

This is to certify that Mr/Ms .............. has the following account with this bank.

Account No.........
Date of deposit ..................
Maturity date ......................
Amount .............................
Maturity value ......................


   Bank Seal                                Signature, Seal and date

Thank you wilson...

But i m goin to file my application aftr a month and i hvnt prepared funds for it.
So if i deposit funds just before my application and will keep it stable till i got the visa then it will be OK ??

[wilson]

  Hi Nikhil,

As you don't have  enough funds in your account so far, what else you can do?. At least deposit the minimum amount or more if you can prior to the application date in the form of fixed deposit. When you are ready with the application get the statement from the bank.

[nikhil_miral]

Thnx Wilson....

Hopefully this will solve the purpose....

Thnx for the suggestion....

[luckymystery]

Thnx Wilson....

Hopefully this will solve the purpose....

Thnx for the suggestion....

I did the same Mr. Nikhil.
I did not have the cash. Infavt I had the jewelery and Car so i sold those.
If i was called for interview I have the reason to justify.
Lets hope this will work.

[nikhil_miral]

I did the same Mr. Nikhil.
I did not have the cash. Infavt I had the jewelery and Car so i sold those.
If i was called for interview I have the reason to justify.
Lets hope this will work.

Dear Friend Luckymystery..

If call for an interview then can we justify that we have sold our jewlery and car or home to arrange the funds
...

[luckymystery]

Dear Friend Luckymystery..

If call for an interview then can we justify that we have sold our jewlery and car or home to arrange the funds
...

Yes thats what i think. to prove that we have to give them proof.  like as for jewelry show the sale receipt. for car transfer papers.so is the case with home.

[mitali]

Dear Friend Luckymystery..

If call for an interview then can we justify that we have sold our jewlery and car or home to arrange the funds
...

CIC does not recommend selling of HOUSE before you get your visas. Alternatively, you could arrange for atleast 3 different companies to assess the worth of your House and send these as evidence of POF with a statement that you will sell the property and free it of any loan/mortgage when Visa would be issued. This is acceptable.

Mitali

[luckymystery]

CIC does not recommend selling of HOUSE before you get your visas. Alternatively, you could arrange for atleast 3 different companies to assess the worth of your House and send these as evidence of POF with a statement that you will sell the property and free it of any loan/mortgage when Visa would be issued. This is acceptable.

Mitali

Yes thats right for home.
and what do u say about jewelry and car?
I think it can be sold out to make statement and can be proved in interview and justified?
comment please. Mr. Mitali.

[mitali]

Hi luckymystery,

Yes, you can sell your Car and jewelry to show POF. You will have to provide connecting evidence for both of them though. For eg. the car papers should be in your name and also proofs that the jewelry belonged to you.

Mitali