Hi guys,
I know this question has been asked again and again but just to ensure that my situation is not unique so I am asking few doubts about the settlement funds. If anyone can reiterate I would be very thankful.
I am from India and I received an Ontario nomination application invite on 4-Dec-15 with 410 CRS score and am preparing to apply. My savings accounts had more than enough funds required till the beginning of Oct 2015 but since I was not expecting any nomination and ITA seem to be a distant truth I decided to invest in property because of which my savings balance went down. Although my salary input in the account is good but it will still take around 4-5 months to replenish the required amount (CAD 18260) from 0. My savings account now has 1.8 lac and would get another 1.8 lac in Jan 2016 as salary. I have also withdrawn money from a mutual fund which should add another 1.76 lac to my salary account. I have some funds in my other bank account (around 1 lac) and some with my wife in her savings and FD (around 4.4 lac). I will have just enough money in these accounts in Dec 2015 (around 9.5 lac ~ CAD 19000). My queries are:
1. I had lent my brother around 1.5 lac during the last year as transfers to his account. Should I ask him to transfer it back now or it will complicate things?
Yea you can ask him to transfer it back. If asked, you can show proof of lending to your brother and the proof of him transferring it back to you.
2. Is it fine to show my wife's funds as she is shown as a dependent in my application or do I need some affidavits?
You should get an affidavit from her.
3. Should I wait till my next salary before sending the application so that the account balance increases further?
Not required if you have enough funds. No special treatment, IMO, for having more than required funds 
.
4. Would the reduction in my account balance be a cause of concern although the required amounts have been replenished?
Not in my opinion, NO!
I have a few queries regarding the application form
1. I am not able to fill the address properly as it asks for a street name and i don't have any in my address. My address is:
Flat #, Tower #, Apartment society name, block name, township name, city. I am not sure where would "Tower #, Apartment society name, block name, township name" go and what should i fill in the street no and name
Yea this is a pain in the neck. Fill it as accurately as you can. If possible, leave the field empty. If it is a mandatory field, then write N/A.
2. My mailing address is same as the address so i checked the box and I assume I will need to fill in "N/A" in all the fields?
Yes, you can do that.
3. For fields with tables which do not apply to me should I write "N/A" in all cells?
Well, you can do that OR you could write N/A with a larger font size in the middle.
4. What date to fill in the "To" for the current job?
Fill in some date, print the form, use a correction pen (Whitener) and then write "Ongoing" with pen.
5. If there is a gap of few days or weeks between job switches, do I need to mention them as unemployed?
Yes. Do not leave even a gap of 1 day.
6. IELTS score to put as it is or the CLB equivalent?
I wrote the actual scores (not the CLB- equivalent because no where it is mentioned we have to enter CLB equivalent). Others might have different opinion.
7. I have a relative of mine and that of wife who are two different people but I can select only one type of relationship in the form. Should I tick the other one manually?
You can have 2 separate entries for this, isn't it? I am not sure about this part because I wrote N/A here. I do not have any relatives.
All help is appreciated in advance
Regards,
Asif
