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SNIP proof of fund need to show 3month old ????

rdmindia

Hero Member
Nov 24, 2016
237
34
Hello Seniors,

I have read somewhere else that while applying SNIP your fund must be 3 month old. My father will be giving me fund next week so can I apply in SNIP ( if open in Jan'17) ??
Secondly, if my father deposit money in my account in Dec'16 so after Feb'17 I can eligible to apply SNIP??

Is it correct??

Please advise and thanks in advance
 

tech_writer

Member
Sep 15, 2016
12
0
I am showing my Provident Fund(PF) account as 95% of my POF. This account is decade old.
But for my remaining 5% of POF, I am showing my saving account. But this money is not 3 months old. I have maintained this money from 2 weeks only.

Will this be a problem?
 

SMani

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Aug 17, 2014
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rdmindia said:
Hello Seniors,

I have read somewhere else that while applying SNIP your fund must be 3 month old. My father will be giving me fund next week so can I apply in SNIP ( if open in Jan'17) ??
Secondly, if my father deposit money in my account in Dec'16 so after Feb'17 I can eligible to apply SNIP??

Is it correct??

Please advise and thanks in advance
Get a gift deed. He should not take the money back. Then you don't need 3 months wait..
 

ashuindian

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Jan 5, 2016
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rdmindia said:
Hello Seniors,

I have read somewhere else that while applying SNIP your fund must be 3 month old. My father will be giving me fund next week so can I apply in SNIP ( if open in Jan'17) ??
Secondly, if my father deposit money in my account in Dec'16 so after Feb'17 I can eligible to apply SNIP??

Is it correct??

Please advise and thanks in advance
No, after 17 March.
 

ashuindian

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Jan 5, 2016
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tech_writer said:
I am showing my Provident Fund(PF) account as 95% of my POF. This account is decade old.
But for my remaining 5% of POF, I am showing my saving account. But this money is not 3 months old. I have maintained this money from 2 weeks only.

Will this be a problem?
No, u have to show whole amount 3 months old. So, u can eligible to submit in March first week.
 

rdmindia

Hero Member
Nov 24, 2016
237
34
@Ashuindian, thank for your kind response. If my father give me gift deed then still I can not apply up to March '17.

Please suggest
 

ashuindian

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rdmindia said:
@Ashuindian, thank for your kind response. If my father give me gift deed then still I can not apply up to March '17.

Please suggest
yes, first u have to deposit it with your name for 3 months.
 

ashuindian

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rdmindia said:
Ok thank you and +1 for your help
Not only by telling gets a +1, it has to be "Good" press.
 

racabu

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Depending on the case, the officer might overlook the 90 days prior to the application.
They have the authority to do that. So I would submit either way... they might reject of ask for additional documents.
Then you send updated documents up to the date you answer the request.

They might overlook based on your profession, based on the amount of money or even because they just didnt.

Att,
racabu.
 

daris25

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May 10, 2015
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