Bank statement pof

[Gayathri Seshanjali]

How many days before bank statement and bank letter can be used for pof. Can I take one week before from the date of my submission of documents or is it only should be till previous day of the submission date

 

[navinball]

one week before is fine.

 

[Sabeen99]

one week before is fine.

How long money should be on Bank account after submitting an application?

 

[cansha]

How long money should be on Bank account after submitting an application?

You’re supposed to maintain funds throughout the period of application fill the final decision is made by the IRCC.

 

[sam3218]

How long money should be on Bank account after submitting an application?

You can also be asked about proof of funds upon landing.

 

[Sabeen99]

You can also be asked about proof of funds upon landing.

You’re supposed to maintain funds throughout the period of application fill the final decision is made by the IRCC.

one week before is fine.

Do we need to have a minimum fund in our bank account for whole 6 months of a period before submitting our application?

 

[sam3218]

Do we need to have a minimum fund in our bank account for whole 6 months of a period before submitting our application?

I'm not an expert by any means, but from what I've read you don't need funds to be six months old. The whole point of six months average balance is to ascertain that you haven't borrowed the money from someone to be used as proof of funds. There should be gradual build up of funds, not a sudden one like 1-2 large transactions to reach pof figure.

 

[OnlyforCanada]

Somebody pls help! Its very very urgent.I have the required funds in my accounts for more than 6 months and I have got a current balance confirmation letter but not average balance as my bank will not provide the same. I also have my 6 months bank statement ready. The issue here is, i had lent money to my parents in July due to an emergency. The same was returned partial in cash and balance as bank transfer. Will this sudden cash deposit create any issue? How can I prove that the cash deposit was a the cash that was returned? Also I had sold some gold and raised the required balance cash by selling it in India last month. However, they merchant refused to give any sale receipt for him to evade taxation and GST. So I do not have proof that the funds raised were also thru sale of gold. What can I do abt this? If I mention all this on the LOE, will my POF be accepted? My last date for submission is 24th Sept. Please advice. Is there any other option other than gift deed?

 

[Green Stone]

Somebody pls help! Its very very urgent.I have the required funds in my accounts for more than 6 months and I have got a current balance confirmation letter but not average balance as my bank will not provide the same. I also have my 6 months bank statement ready. The issue here is, i had lent money to my parents in July due to an emergency. The same was returned partial in cash and balance as bank transfer. Will this sudden cash deposit create any issue? How can I prove that the cash deposit was a the cash that was returned? Also I had sold some gold and raised the required balance cash by selling it in India last month. However, they merchant refused to give any sale receipt for him to evade taxation and GST. So I do not have proof that the funds raised were also thru sale of gold. What can I do abt this? If I mention all this on the LOE, will my POF be accepted? My last date for submission is 24th Sept. Please advice. Is there any other option other than gift deed?

just make balance certificate from your bank . It shows only current balance in your account including any RD and PPF . So no matter how old fund in your account .

 

[OnlyforCanada]

So need of submitting the 6 mos statements?

 

[OnlyforCanada]

just make balance certificate from your bank . It shows only current balance in your account including any RD and PPF . So no matter how old fund in your account .

So need of submitting 6 mos statements?

 

[Green Stone]

So need of submitting 6 mos statements?

what they want ? six month statement or balance certificate ?

 

[Sabeen99]

what they want ? six month statement or balance certificate ?

both

 

[Green Stone]

both

what amount was in your account each month and current amount ?

 

[Green Stone]

in my case we had to show above 9lac but we have 7 , 8 , 10 then 10 maintain so its not compulsory to maintain amount but near about balance must be maintain . and you can also show your pf and rd if you have..