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Proof of fund gift deed

Roop@brar

Member
Oct 8, 2017
18
3
Hii all

I have more than 6.5 lakh in my account from last 8 months. It was transferred to me by my father in two installmaents. Now while providing proof of funds, along with bank statement and bank letter, do i need to clarify that where the funds came from?
I have heard about gift deed. Please clarify.
 

superspecial90

Hero Member
Aug 13, 2017
489
150
Not needed as the fund originates from way before 6 months.
If it was deposited in the recent past, I would suggest you arrange for a gift deed.
Since the fund is more than 6 months old and by the time CIC will look into the fund it will be another 4/5 months (overall your fund will be almost a year old by then!), you don't need to worry about making an unnecessary document.
Good luck!
 

jackdawn

Champion Member
Dec 24, 2016
1,295
920
Hii all

I have more than 6.5 lakh in my account from last 8 months. It was transferred to me by my father in two installmaents. Now while providing proof of funds, along with bank statement and bank letter, do i need to clarify that where the funds came from?
I have heard about gift deed. Please clarify.
if the bulk of the amount isnt reflecting in ur last 6 months statement then it is fine and just in case they raise a query u can submit a gift deed
 

Roop@brar

Member
Oct 8, 2017
18
3
if the bulk of the amount isnt reflecting in ur last 6 months statement then it is fine and just in case they raise a query u can submit a gift deed
but they dont ask for documents. They directly reject the file. After submitting file, i got rejection after 11 days just becz of pcc. They mentioned that pcc does not cover the time from 18 yr age till now but it was clearly written that from birth till now.
 

praveen1987

Member
Apr 17, 2013
15
0
but they dont ask for documents. They directly reject the file. After submitting file, i got rejection after 11 days just becz of pcc. They mentioned that pcc does not cover the time from 18 yr age till now but it was clearly written that from birth till now.
Oh that's sad..so what is the way forward in this case as you have mentioned that you have provided the PCC details from birth..
 

Roop@brar

Member
Oct 8, 2017
18
3
No
Oh that's sad..so what is the way forward in this case as you have mentioned that you have provided the PCC details from birth..
then i again entered the pool and got ita .i hv to modify my pcc according to them. Now i am applying again. Still they hav mentioned that all the documents were not assessed. Still there can b another missing documents.
 

_Harry_

Hero Member
Sep 29, 2016
752
292
No

then i again entered the pool and got ita .i hv to modify my pcc according to them. Now i am applying again. Still they hav mentioned that all the documents were not assessed. Still there can b another missing documents.
For funds, you need to provide the bank statement of last 6 months only.
If the 6.5 lakh transaction is not reflecting in those statements then its fine to exclude the Gift deed.
When you last time applied, were your these 2 transactions showing in the 6 months statement?
What did you do at that time?
 

Roop@brar

Member
Oct 8, 2017
18
3
For funds, you need to provide the bank statement of last 6 months only.
If the 6.5 lakh transaction is not reflecting in those statements then its fine to exclude the Gift deed.
When you last time applied, were your these 2 transactions showing in the 6 months statement?
What did you do at that time?
i just gave the bank letter and bank statement. Transactions of 1 lac 1.5 lac nd 2.5 lac were shown. But now it does not. Still to be secure i hv taken gift deed docs and my fathers bank statement which shows these transactions.
 

_Harry_

Hero Member
Sep 29, 2016
752
292
i just gave the bank letter and bank statement. Transactions of 1 lac 1.5 lac nd 2.5 lac were shown. But now it does not. Still to be secure i hv taken gift deed docs and my fathers bank statement which shows these transactions.
You are good then. Officials rarely question any gift transaction happening between the parent/child.
 

Roop@brar

Member
Oct 8, 2017
18
3
You are good then. Officials rarely question any gift transaction happening between the parent/child.
hope so..okay one question more.. Is it compulsory that my work experience matches the education. I hv done m.tech but mu work experience is of branch manager.
 

_Harry_

Hero Member
Sep 29, 2016
752
292
hope so..okay one question more.. Is it compulsory that my work experience matches the education. I hv done m.tech but mu work experience is of branch manager.
No. Education doesn't need to match your current work. Just make sure you have enough work exp in the NOC you are applying for.
I have done B.Tech in Electronics and work exp in computer programming. Chose 2174 NOC and got PR.
 

Roop@brar

Member
Oct 8, 2017
18
3
No. Education doesn't need to match your current work. Just make sure you have enough work exp in the NOC you are applying for.
I have done B.Tech in Electronics and work exp in computer programming. Chose 2174 NOC and got PR.
okay. Thank u. I hv 3 years experience. Now hoping for the good.