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Minimum funds requirement

Krups91

Newbie
May 29, 2020
1
0
Hi all, Is it necessary to maintain the minimum funds in the account for a period of six months before application? I was not aware of this and most of my cash is invested in mutual funds(which might not be considered as "readily available").This could mean that my application would get delayed by at least 6 months, if not more. Any help would be appreciated? As an alternative, would PF(provident fund) balance be acceptable as proof of fund?
 

Adacan

Newbie
May 31, 2020
1
0
Hi all, Is it necessary to maintain the minimum funds in the account for a period of six months before application? I was not aware of this and most of my cash is invested in mutual funds(which might not be considered as "readily available").This could mean that my application would get delayed by at least 6 months, if not more. Any help would be appreciated? As an alternative, would PF(provident fund) balance be acceptable as proof of fund?
Mutual fund statement is accepted as proof fund.