Hi Raj,
1. When OINP will start sending Invitations to Apply - probably november, but no one actually knows a definitive date
2. How much funds required? Whether Employee Provident Fund do as POF - this depends on how many people are coming with you, it's all in the guide
3. Can I apply for other province simultaneously; - Yes, but you'll need to mention this on the application and will make them less likely to choose you as it shows that you're not focused on Ontario, remember OINP wants people that will eventually go to Ontario, if they think that you wont settle in Ontario you'll probably not get a nomination.
4. At what point of application, we have to pay the fess and how much? - Right at the start, you'll need to provide $1500 Canadian Dollars Bank Draft, DD or Postal Money Order (it's all in the guide!!!!)
5. Is it mandatory to stay in the nominated province once get PR - No, but read the comment above, if they think you wont stay in Ontario you will not get a nomiation...
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