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Got ITA- Preparing checklist- Proof of funds

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krithikar

Newbie
Jun 6, 2018
7
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Other than bank amount proof, should we show some other proof that we don't have any kind of loan? If yes, where do we get that?
Also, should we submit any statements of credit cards that we regularly use even though there is no loan with it??
Thanks in advance
 
2 weeks back.

My bank letter would contain information only regarding my bank, right? They wouldn't know if I have debts outside the bank, would they?
 
They're assuming that you only have an account there. Not telling them about debt somewhere else which could impact the availability of the settlement funds could be construed as concealment of material information.
 
Alright! Cool. Thats clear now.

My other question is whether we should show any certificate from anywhere that would prove us clean without any debts...
 
krithikar said:
Alright! Cool. Thats clear now.

My other question is whether we should show any certificate from anywhere that would prove us clean without any debts...
Click to expand...

I read here before that CIC is not trying to get you to show your net worth, just that you have the adequate amount of available, movable funds to sustain your corresponding family members. Sounds reasonable.
 
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