Proof of fund query

[Jitgolf85]

I am having a joint FD with my father. Can I show that as a Proof of fund along with a gift deed that he is gifting the amount to me with the FD amount and number. Eagerly waiting for reply. Please advise.

Thanks and regards,

Satyajit

 

[Pipis Husband]

I am having a joint FD with my father. Can I show that as a Proof of fund along with a gift deed that he is gifting the amount to me with the FD amount and number. Eagerly waiting for reply. Please advise.

Thanks and regards,

Satyajit

No, funds for your funds of funds must be solely held by you or jointly with your spouse only. It would be better for you to have the funds moved to your own account but be silent on the gift aspect as you want to show that you are financial capable on your own and not dependent on your parent.