Hello Seniors,
I am coming back with another question regarding my quest with POF. I have two FDs in my spouse name which were done by my father in law and he is ready to give us Smiley. I learnt from this forum that we can use FDs as POF. So my question is that can I use these FDs to show to CIC even if it is in my wife's name solely or I should get them done in both of us name. I am thinking not to indulge in the process of making them as joint FDs because of lots of hassles in the banking system in India. I am thinking to prepare an LOE stating that she has FDs in her name and she is co-applicant and ready to invest this money for immigration purposes. Do you think this approach will work or I must get these FDs as joint ones?
Please suggest.
Thanks
I am coming back with another question regarding my quest with POF. I have two FDs in my spouse name which were done by my father in law and he is ready to give us Smiley. I learnt from this forum that we can use FDs as POF. So my question is that can I use these FDs to show to CIC even if it is in my wife's name solely or I should get them done in both of us name. I am thinking not to indulge in the process of making them as joint FDs because of lots of hassles in the banking system in India. I am thinking to prepare an LOE stating that she has FDs in her name and she is co-applicant and ready to invest this money for immigration purposes. Do you think this approach will work or I must get these FDs as joint ones?
Please suggest.
Thanks