Need help with Proof of Fund

[varnapremraj]

Hi.. my account has got required fund... But I have got a hefty loan.. So is it oki if I get a gift deed from my parent with the amount of money to pay back the loan.. so my account will have required fund for express entry + gift amount to pay back the loan... would that be okay ? And would a huge account balance create any issues ? Please advice.

 

[santhkum90]

Hi.. my account has got required fund... But I have got a hefty loan.. So is it oki if I get a gift deed from my parent with the amount of money to pay back the loan.. so my account will have required fund for express entry + gift amount to pay back the loan... would that be okay ? And would a huge account balance create any issues ? Please advice.

It would be okay, if you get a gift deed certificate and explain the same in the LOE.

 

[varnapremraj]

It would be okay, if you get a gift deed certificate and explain the same in the LOE.

Thank you so much... the account that I am showing is not my salary account... that would not be a problem right ?It just has to be in my name right ?

 

[santhkum90]

Thank you so much... the account that I am showing is not my salary account... that would not be a problem right ?It just has to be in my name right ?

It doesn't have to be your salary account. Account in your name will do.