Hi,
Just wanted to check with the forum if the below will be considered as complete for Proof of Funds for 2 individuals (understand the amount to be shown in ~ CAD 15, 500 = INR ~ 8.1 Lakhs)
1) FD worth INR 4.25 lakhs
2) Wife's current account having a balance on INR 5 lakhs (recently got proceeds from an insurance policy the same will be explained in the LOE).
3) An outstanding Personal Loan of INR 2.2 lakhs (taken a year back for personal purposes and due to close in Jan 2020).
4) An outstanding Credit Card Statement of INR 50,000/- (have 2 cards under the same bank, so maybe can show only Credit Card details for 1 out of 2 cards whichever is completely credit free - in that case this amount of INR 50,000/- need not be an issue).
4) EPF Statement / EPF Passbook along with UAN Card showing INR 10 Lakhs supported with salary slips linking the UAN number.
Just wanted to check if the above will be accepted, else can think of either gift deeds or close the loan and explain in LOE it was a gift from family to close the loan etc etc. not sure if that will have any issues
Appreciate the support.
Thanks
Just wanted to check with the forum if the below will be considered as complete for Proof of Funds for 2 individuals (understand the amount to be shown in ~ CAD 15, 500 = INR ~ 8.1 Lakhs)
1) FD worth INR 4.25 lakhs
2) Wife's current account having a balance on INR 5 lakhs (recently got proceeds from an insurance policy the same will be explained in the LOE).
3) An outstanding Personal Loan of INR 2.2 lakhs (taken a year back for personal purposes and due to close in Jan 2020).
4) An outstanding Credit Card Statement of INR 50,000/- (have 2 cards under the same bank, so maybe can show only Credit Card details for 1 out of 2 cards whichever is completely credit free - in that case this amount of INR 50,000/- need not be an issue).
4) EPF Statement / EPF Passbook along with UAN Card showing INR 10 Lakhs supported with salary slips linking the UAN number.
Just wanted to check if the above will be accepted, else can think of either gift deeds or close the loan and explain in LOE it was a gift from family to close the loan etc etc. not sure if that will have any issues
Appreciate the support.
Thanks