Are the FD receipts from a co-operative bank is accepted?

[george_82]

My mother (69yr old) is planning to visit Canada for 3 months to see her sister (75yr old). This is the 1st time she is going abroad. As a proof of funds, she has about INR 4 lakhs as fixed deposit in her name which is deposited in a service co-operative bank.
Are the FD receipts from a co-operative bank is accepted for showing proof of funds for Canada visitor visa?

Kindly reply.

 

[Bryanna]

My mother (69yr old) is planning to visit Canada for 3 months to see her sister (75yr old). This is the 1st time she is going abroad. As a proof of funds, she has about 400000 lakhs as fixed deposit in her name which is deposited in a service co-operative bank.
Are the FD receipts from a co-operative bank is accepted for showing proof of funds for Canada visitor visa?

Kindly reply.

Yes, they will be considered as financial investments.

1. If the interest earned is credited to her bank account then she can include that interest as funds available for her visit.

2. If the interest is payable only on maturity (cumulative interest) then the FDs can be shown as part of her overall financial situation.

3. Do include the FD Interest Statement, signed/seal from the bank + ITRs

 

[george_82]

The FD is matured and she has not withdrawn the money and FD is still continuing. At any time she can withdraw the money. Also, she has never filed ITR (in India agriculture income doesn't come under income tax). What she has is FD receipts from the bank. Also, she has agricultural land (land tax receipts available) whose income can be used to cover travel expense.

Overall does this sound like a strong case for TRV approval?

 

[Bryanna]

The FD is matured and she has not withdrawn the money and FD is still continuing. At any time she can withdraw the money.

The FD would have been automatically renewed for the same term upon maturity.

Also, she has never filed ITR (in India agriculture income doesn't come under income tax).

Form J?

What she has is FD receipts from the bank. Also, she has agricultural land (land tax receipts available) whose income can be used to cover travel expense.

Overall does this sound like a strong case for TRV approval?

1. Agricultural land ownership documents? Is she actively involved in the management of the agricultural land?

2. Any property ownership? Loans or mortgage?

3. Dependent family members?

4. An approval would depend on the length of her requested visit too.

5. Any compelling reasons to return to India? With evidence, of course