SNIP-Required funds must be stable for 90 days

[afzalshxh]

Hi Experts

I have a quick question regarding funds for SNIP. I saw some where that

"Required funds must be stable for 90 days prior to submission of application"

If it's stable for less then 90 days, Is the application will Rejected or Not?

Kind Regards

 

[sinp Kathmandu]

Hi Experts

I have a quick question regarding funds for SNIP. I saw some where that

"Required funds must be stable for 90 days prior to submission of application"

If it's stable for less then 90 days, Is the application will Rejected or Not?

Kind Regards

Certain to reject

 

[m.rehanali]

What is stable mean?
Let suppose canada fund limit is 1000, and i have 5000 at the time of submission of application. but in last 3 months some transactions happened to move up and down the balances but not goes down below to 1000 limit. Is it ok?

 

[sinp Kathmandu]

What is stable mean?
Let suppose canada fund limit is 1000, and i have 5000 at the time of submission of application. but in last 3 months some transactions happened to move up and down the balances but not goes down below to 1000 limit. Is it ok?

That's ok.the fund depends how many you are applying,for example,you alone or also with spouse or kids.so they have a list of fund required.the minimum balance must not decrease at any point of time.good luck

 

[m.rehanali]

that mean balances should not go down from minimum fund requirement. but you can make transaction on the excess amount.

 

[sinp Kathmandu]

that mean balances should not go down from minimum fund requirement. but you can make transaction on the excess amount.

That's right Rehanli .stay connected and pose any confusion here.cheers

 

[krishna movva]

Hey how many days that money should be stable in our account

 

[ashuindian]

Hi Experts

I have a quick question regarding funds for SNIP. I saw some where that

"Required funds must be stable for 90 days prior to submission of application"

If it's stable for less then 90 days, Is the application will Rejected or Not?

Kind Regards

This is a Universal Truth. Must stable 90 days, not even 89 days.

 

[hellgate]

This is a Universal Truth. Must stable 90 days, not even 89 days.

Don't you think they ask to show another account before rejecting? Or, they will reject without asking if the funds is not stable.

 

[ashuindian]

Don't you think they ask to show another account before rejecting? Or, they will reject without asking if the funds is not stable.

Many a time they clarify before rejection.