Hi everyone!
I am going to show my salary (only)account for POF and going to get a big chunk of money transferred from my dad's account to this account (with proper Gift Deed documents).
So the split up of POF - Salary account balance(10%) + Gift Deed amount transferred to the salary account from dad's account(80%)+ Provident fund in India(10%)
Now, if I am going to submit my 6 months bank statement, it will show that >60% of my salary is going to my dad's account every month and the left money I use for expenses and other things. The left balance now in savings account is only 10% of POF amount as indicated above.
The following are my questions :
1 . Will these transactions (showing >60% of salary transferred to dad's account every month) raise suspicions on my financial standing and can this go to ADR or RR? Considering my salary is 20% of the required POF amount which gets credited every month, will it raise a suspicion that I could have saved from my salary but why am i getting gift deed from dad? My account does not have any loan or lien and the bank letter states that I have no debts,credit cards or loans .
2. Bank letter as per format given by IRCC(with avg 6 months balance showing as 10% of POF) , Notarized gift deed document, scanned copy of cheque used for transaction, gift deed transaction receipt, Provident fund related documents are the documents I am going to provide. Is bank statement necessary in this case ? If so, is it mandatory to provide bank statement for 6months?
Please advise.
@legalfalcon