Proof of Funds

[Abhi4Canada]

Hello Experts,
I’ve already received ITA and now need to submit the documents.
Everything else is done, but it’s just the proof of funds which is troubling me.
I have just a little more than required funds to show in my savings account.
But I also have a personal loan and a car loan. And the EMIs for both these loans are deducted from my savings account.
Do I need to foreclose both my loans before submitting the documents???
PLEASE HELP !!! ITS EXTREMELY URGENT

 

[ee_candidate]

Hello Experts,
I’ve already received ITA and now need to submit the documents.
Everything else is done, but it’s just the proof of funds which is troubling me.
I have just a little more than required funds to show in my savings account.
But I also have a personal loan and a car loan. And the EMIs for both these loans are deducted from my savings account.
Do I need to foreclose both my loans before submitting the documents???
PLEASE HELP !!! ITS EXTREMELY URGENT

Unless both loans are provided by the same bank with which you have a savings acc .. it shouldn't matter. However , having just the bare minimum in the account is risky if subject to exchange rate fluctuations. Others can weigh in.

 

[Abhi4Canada]

Unless both loans are provided by the same bank with which you have a savings acc .. it shouldn't matter. However , having just the bare minimum in the account is risky if subject to exchange rate fluctuations. Others can weigh in.

Thanks for your response.
The required amount is 12500 CAD and I have 13500 CAD.
My saving account is with SBI. Car loan is also from SBI, and personal loan from HDFC.
WHAT TO DO IN THIS SCENARIO???