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Children Deposit as PoF

mindhunter

Star Member
Oct 21, 2019
61
5
Hi all,

We are 4 members and I am the primary applicant with 3 dependents. (Wife and 2 kids)

We had deposited two Fixed Deposits of Rs. 60000 each (Approx CA$ 2000) in our children's names with the Bank (I am the Guardian and the deposits can be liquidated anytime)

Can I use those fixed deposits which are in my children's name as Proof of Funds?