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Adjn k

Newbie
Jul 16, 2021
2
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I have a couple of questions related to proof of fund, if I'm showing jewellery as proof of fund do I have to sell it and show receipts? Can I just get show how much it's worth and place it in my account and let that be proof? It's my mother's jewellery basically, I'll be showing that she has gifted it to me, which she has but I don't want to sell it.

If in another case my sister transfers the money in my acc which I want to show as proof of fund, can I get a gift deed made for that as well, that she just gave me the money? Which docs would I require for that and do I need to keep the money in my ACC for six months before I can apply?
Kindly Help.
 
I have a couple of questions related to proof of fund, if I'm showing jewellery as proof of fund do I have to sell it and show receipts? Can I just get show how much it's worth and place it in my account and let that be proof? It's my mother's jewellery basically, I'll be showing that she has gifted it to me, which she has but I don't want to sell it.

If in another case my sister transfers the money in my acc which I want to show as proof of fund, can I get a gift deed made for that as well, that she just gave me the money? Which docs would I require for that and do I need to keep the money in my ACC for six months before I can apply?
Kindly Help.

You can't use jewelry for POF. You would need to sell the jewelry.
 
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