Does anybody here showed gift deed as proof of funds?. If so, can you please share the format of the letter and procedure that is followed?. It would be helpful for the fellow application who are applying for OINP.
Thanks
Format
GIFT DEED
I, _________________ (name of donor), S/o _________________ (father’s name), R/o _____________________ (address), do hereby on dated __________ make a gift-deed for a gift made on dated of ___________, Rs. ______/- (Rupees in word) out of love and affection to my ____________ (mention the relationship & name of receiver), S/o or W/o _______________, R/o _________________________. I confirm that I am a resident Indian. I, further confirm that this gift is being made out of my own funds standing to the credit of my A/c No.- __________ in
____________(mention the Bank name & address).
I, further confirm that the consideration for this gift is the love and affection for my ____________________ (mention the relationship & name of receiver) and no other consideration.
I am an Income Tax assesses having PAN/GIR # and assessed with Income Tax ward 1, and this gift is made out of my past savings from profession in India. Strictly Confidential .
I further confirm that the gift has been made by Cheque No ___________ dated _______ drawn on ___________________________ (mention the Bank name & address). This gift is irrevocable and I have no claim left whatsoever on the said gifted amount and he/she is free to utilize it in any manner.
PLACE:
DATED: _______________________
(Donor name)
Witness:
The gift as stated above is accepted
______________________
(Name of receiver)
Hope it helps.