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FD as proof of funds

VOST15

Newbie
Oct 6, 2014
2
0
Dear Friends
I have a Fixed deposit of10 lacs (Indian rupees) which suffice my requirement of CAD14700.
Against this fixed deposit I have taken an Overdraft limit of 9 lacs which I use very often.
My fixed deposit remains valid but I cannot break my fixed deposit until my overdraft limit is fully unused.

Can I present this fixed deposit in my application as proof of funds.?

Please suggest..
 

xneelx

Star Member
Oct 7, 2014
50
11
India
Category........
Visa Office......
Warsaw VO
NOC Code......
1212
Job Offer........
Pre-Assessed..
App. Filed.......
(received) 23-12-2014 ||
Doc's Request.
(DD encashed) 25-02-2015 ||
Nomination.....
(PER) 15-03-2015 ||
AOR Received.
(AOR) 21-05-2015 ||
I am new too, but i think that this cannot be done.

You've taken OD against the FD that you have, which basically means, that the bank will not let you break the FD in order to take out your cash when you need it since its tied with your OD.

Still, would request some seniors to look into this to check.