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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Settlement Fund(PF/PPF/LIC) Options - URGENT !!!! RupeshHari Please help
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Author Topic: Settlement Fund(PF/PPF/LIC) Options - URGENT !!!! RupeshHari Please help  (Read 314 times)
ramaj
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Posts: 33
« on: October 17, 2009, 12:34:04 pm »
Hi Everybody,

I have to send my file to CHC and i want to know that if the following Options can be shown in the settlement funds.

1.) My PF Account statement
2.) Certificate issued by my Bank for the balance in PPF account
3.) My LIC Policies ( Premium paid so far)

Please let me know as it is little urgent.

Regards
« Last Edit: October 17, 2009, 02:10:05 pm by ramaj » Logged
Applied on: 31st July 2009
Letter from NS, Sydney: 28th Sept 2009
Current Status: Need to send complete application in 120 days.
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ramaj
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Posts: 33
« Reply #1 on: October 18, 2009, 12:04:50 am »
Can anybody please suggest what all options can be given as the settlement fund proof.
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Applied on: 31st July 2009
Letter from NS, Sydney: 28th Sept 2009
Current Status: Need to send complete application in 120 days.
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rocky272727
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Gender: Male
Posts: 613
« Reply #2 on: October 18, 2009, 02:27:25 am »
Quote from: ramaj on October 17, 2009, 12:34:04 pm
Hi Everybody,

I have to send my file to CHC and i want to know that if the following Options can be shown in the settlement funds.

1.) My PF Account statement
2.) Certificate issued by my Bank for the balance in PPF account
3.) My LIC Policies ( Premium paid so far)

Please let me know as it is little urgent.

Regards



PF and PPF will do but LIC will not.
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ramaj
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Posts: 33
« Reply #3 on: October 18, 2009, 05:22:27 am »
Thanks For the imformation. So it means PF statement issued by the employer will do and Bank certificate for the PPF account will also be taken as the settlement fund proof.
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Applied on: 31st July 2009
Letter from NS, Sydney: 28th Sept 2009
Current Status: Need to send complete application in 120 days.
NOC: 0213
dsr08
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Posts: 14
« Reply #4 on: October 18, 2009, 06:12:12 am »
 I have also faced this problem as my most of savings are in PPF/CPF because these investments are tax free.
But if you can get this information on PF/PPF certificate/ statement that how much withdrawl you can make, it seems to be O.K.
It will be more safe if you can withdraw required amount and deposit in saving bank account as settlement fund proof.
It is my opinion only.
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ramaj
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Posts: 33
« Reply #5 on: October 18, 2009, 01:41:13 pm »
I also strongly believe that it makes sense to declare PF and PPF ( Amount which can be withdrawn) as settlement fund.
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Applied on: 31st July 2009
Letter from NS, Sydney: 28th Sept 2009
Current Status: Need to send complete application in 120 days.
NOC: 0213
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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Settlement Fund(PF/PPF/LIC) Options - URGENT !!!! RupeshHari Please help
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