Clarifications needed
roof of Means of Financial Support
Dear All,
Can anyone guide me about how to show proof of funds?
I have funds in Savings, Fixed deposits, Demat Account (Shares) mainly.
1. Do we need to show the bank statements of above or bank certificate or both?
2. Does banks in India have a specific format of bank certificate for Canada Immigration?
If not, Can someone please share me the format of Bank certificate?
For quest 1&2 : CIC is not asking for 6 months bank statements. They require a letter from your bank that covers average balance for 6 months along-with other information such as applicant’s name, the contact information, account numbers, the date each account was opened etc. If you are using all the 3 accounts mentioned above, then you must produce letters for each account.
Some applicants use bank statements as a workaround when their banks refuse to provide all required information in the letter.
The bank letter does not have a fixed format but should cover information provided below:
The applicant should provide official letter(s) from financial institution(s) that list all current bank and investment accounts as well as outstanding debts such as credit card debts and loans.
The letter(s) must be printed on the letterhead of the financial institution and must include the applicant’s name, the contact information of the financial institution (address, telephone number and email address), the account numbers, the date each account was opened and the current balance of each account as well as the average balance in the past six months.
3. Also, Do I need to just show net worth of my demat/share holdings by a bank certificate or I need to show each and every script of share i possess? My shareholding list goes to 12 pages each in 2 demat accounts so not sure If I can scan 30-40 pages & put it in one file as file size restriction is 4 MB.
Just show net worth of your share holding ( showing share holdings is not compulsory).
4. For Proof of Employment, Do I need to attach payslip of all the companies I worked for or just the recent one? How many payslips shall I attach generally with reference letter?
Again, payslips are not compulsory. People use it as supporting document. You can add most 2-3 for each job that you are claiming points for. The following documents are mandatory for each work experience declared:
a reference or experience letter from the employer, which
should be an official document printed on company letterhead (must include the applicant’s name, the company’s contact information [address, telephone number and email address], and the name, title and signature of the immediate supervisor or personnel officer at the company),
should indicate all positions held while employed at the company and must include the following details: job title, duties and responsibilities, job status (if current job), dates worked for the company, number of work hours per week and annual salary plus benefits;
If the work experience is in Canada, proof may include copies of T4 tax information slips and Notices of Assessment issued by the Canada Revenue Agency (the time period for these documents should reflect the work experience timeframe [e.g., work experience from 2006 to 2008 requires only documents from those calendar years]).
Thanks.