Dear all:
I urgently need your help with proof of funds statement. I have till 16th August to submit my EAPR, and I do not have the required amount in liquid form in my account. My questions are:
1) I have a car, that is registered in the name of the last owner but the purchase of car has been clearly mentioned on a notarized stamp paper(affidavit) that mentions me as the buyer and he as the seller, along with the amount paid by me as well as the car info. So if i sell it now and put the sale of car info/receipt on notarized stamp paper that shows me as the owner and seller, would that be sufficient to show as part of proof of funds?
2) Can my father gift his salary and pension savings to form part of the proof of funds?
3) Also, my mother has her savings that she has kept at home in cash. If she wants to gift that amount to me, how can she go about it?
4) I have a small amount of outstanding bank loan to pay also, as well as loan from my provident fund. When they say the proof of funds must be unencumbered, does it mean i should first repay all my outstanding loans first, or does it mean only that the amount shown as pof should be free of debt?
5) Lastly, given that I must show a six months bank statement, would having amost all the amount just a few weeks before lodging the application have any problems?
Please help. Thank you.
I urgently need your help with proof of funds statement. I have till 16th August to submit my EAPR, and I do not have the required amount in liquid form in my account. My questions are:
1) I have a car, that is registered in the name of the last owner but the purchase of car has been clearly mentioned on a notarized stamp paper(affidavit) that mentions me as the buyer and he as the seller, along with the amount paid by me as well as the car info. So if i sell it now and put the sale of car info/receipt on notarized stamp paper that shows me as the owner and seller, would that be sufficient to show as part of proof of funds?
2) Can my father gift his salary and pension savings to form part of the proof of funds?
3) Also, my mother has her savings that she has kept at home in cash. If she wants to gift that amount to me, how can she go about it?
4) I have a small amount of outstanding bank loan to pay also, as well as loan from my provident fund. When they say the proof of funds must be unencumbered, does it mean i should first repay all my outstanding loans first, or does it mean only that the amount shown as pof should be free of debt?
5) Lastly, given that I must show a six months bank statement, would having amost all the amount just a few weeks before lodging the application have any problems?
Please help. Thank you.