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Confusion with regards to proof of funds

E01985337

Hero Member
Sep 21, 2014
224
0
Hi ,

I know we need to maintain about $12,000 as proof of funds. Now if I do not have that money and my mother is gifting me that money,can I keep that money in a fixed deposit and show it as POF?
 

Yuvvv

Star Member
Sep 9, 2014
67
0
yes, i need information about POF too.
can we just drop that money on our bank account and provide bank statements? or should it be fixed deposit???
 

niagracalling

Champion Member
Jun 27, 2014
1,182
228
124
Chandigarh
Category........
Visa Office......
[color=purple][b]New Delhi[/b][/color]
NOC Code......
[color=purple][b]1111[/b][/color]
Job Offer........
Pre-Assessed..
App. Filed.......
[color=purple][b]08-09-2014[/b][/color]
Doc's Request.
[color=purple][b]DD 24-11-2014[/b][/color]
Nomination.....
[color=purple][b]PER 16-12-2014[/b][/color]
IELTS Request
[color=purple][b]Sent[/b][/color]
File Transfer...
[color=purple][b]Started processing on 27-02-2015[/b][/color]
Med's Request
[color=purple][b]25-03-2015[/b][/color]
Med's Done....
[color=purple][b]28-03-2015 Third line update 08-04-2015[/b][/color]
Interview........
[color=purple][b]Skipped (Decision Made 14-05-2015)[/b][/color]
Passport Req..
[color=purple][b]13-05-2015[/b][/color]
VISA ISSUED...
[color=purple][b]21-05-2015[/b][/color][img]http://i46.photobucket.com/albums/f126/pranav1981/canadianflag_zpsftrnold1.gif[/img]
LANDED..........
[img]http://i46.photobucket.com/albums/f126/pranav1981/canstock14162064_zpsbfe36209.jpg[/img]
E01985337 said:
Hi ,

I know we need to maintain about $12,000 as proof of funds. Now if I do not have that money and my mother is gifting me that money,can I keep that money in a fixed deposit and show it as POF?
You have to keep the money till you get the Visa stamp. Gift is very much possible and can be declared when asked by the VO. A fixed deposit in your name is acceptable.
 

E01985337

Hero Member
Sep 21, 2014
224
0
Hi

Thanks for the response. Do I need to tell the visa officer on the application form that the money in my fixed deposit account was a gift from my mother, or should I just simply attach a fixed deposit statement (max one page) with my application form and thats it?

Also does this money have to be in my account for a certain period of time before I apply for my application. I will get this money just one month before I apply for my application. I hope this will not cause a problem?
 

CanOl

VIP Member
Aug 9, 2014
7,219
774
India
Category........
Visa Office......
NDVO / WVO
NOC Code......
1114
Job Offer........
Pre-Assessed..
App. Filed.......
02/09/2014 (As per me) ; 20/10/2014 (As per CIC)
Doc's Request.
[b]DD Encashed[/b] : 23/12/2014
Nomination.....
[b]PER[/b] : 20/01/2015
AOR Received.
09/02/2015 (Warsaw)
File Transfer...
[b]2nd Line update[/b] : 13/04/2015
Med's Request
15/04/2015
Med's Done....
[b]Upfront Meds[/b] : 31/03/2015
Passport Req..
23/07/2015
VISA ISSUED...
[img width=145 height=100]http://www.fullboon.com/information/024.gif[/img]
LANDED..........
15/09/2015
E01985337 said:
Hi

Thanks for the response. Do I need to tell the visa officer on the application form that the money in my fixed deposit account was a gift from my mother, or should I just simply attach a fixed deposit statement (max one page) with my application form and thats it?

Also does this money have to be in my account for a certain period of time before I apply for my application. I will get this money just one month before I apply for my application. I hope this will not cause a problem?

Simply attach a FD certificate..No need to tell it is a gift. Ensure this is in your nme and not joint name.