PROOF OF FUNDS

[shettyss]

Hi !

My application has recieved by CIC on 15th Dec 2014. I am waiting for my PER.

THis is regarding proof of funds, I have submitted FD for some amount and shown property valuation report for remaining amount along with applicaiton Form.

Will any body suggest when I need to show full amount in liquid form.

Shettyss

 

[Indian applicant]

Hi !

My application has recieved by CIC on 15th Dec 2014. I am waiting for my PER.

THis is regarding proof of funds, I have submitted FD for some amount and shown property valuation report for remaining amount along with applicaiton Form.

Will any body suggest when I need to show full amount in liquid form.

Shettyss

at the time of entry (also known as landing) at the PoE (port of Entry).

 

[polara69]

at the time of entry (also known as landing) at the PoE (port of Entry).

If they ask you to.. in most cases they won't. You still have to have it.

 

[shettyss]

at the time of entry (also known as landing) at the PoE (port of Entry).

You meant NDVO won't ask for POF during the process..

 

[Indian applicant]

You meant NDVO won't ask for POF during the process..

If CiC is happy about the what you have shown along with application, they will never ask again.
It is preferable to show a running account of a bank over and above FD+Property as it demonstrates that you have steady income; expenses; active account etc.
Cic will never ask PoF as Luquid funds expect at PoE/Landing.

 

[bhushans]

At the time of landing are the following considered as proof of funds?

1. Balance in Provident Fund account.
2. Balance in PPF/VPF account.
3. Bonds/National saving certificates (from India)

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If I have a home loan (for an apartment-flat purchased recently) how is that calculation done?

This will help me plan my finances better.

Thanks,

Bhushan.