Proof of Funds for Federal Skilled Worker Program

[prasadbhvn]

Do you know about Margadersi and Shriram Chit Fund companies in India?. I have a Fixed deposit in Shriram ChitFund Compnay. Will CIC accepts this private ChitFund Compnay?

 

[CanOl]

what to show in proof as fixed deposit?
only the photocopy of fixed deposit certificate will be ok ?

Perfectly ok.

 

[CanOl]

My spouse is accompanying me. Can I show the money of my spouse's account as a part of my proof of fund? ;D

Yes you can as she will be accompanying you.

 

[CanOl]

Hi Seniors.

Can some one help me on proof of funds?.

My Father-in-law has a Fixed Deposit in Shreeram Chits Pvt Ltd which has the maturity date up to Nov 2014. He is willing to help us but he can not cancel the Fixed deposit it is matured on Nov 2014. How Can I show this fund as a proof?

You can show only funds in the name of your accompanying spouse.

 

[CanOl]

Ok then If my father-n-law changed to my wife's name. Was it acceptable?. She is also accompanying with me?
Secondly, what about the company as it is not a bank know, it is a private chit fund company. Is it liable for POF?.

Accompanying spouse's account is fine to be shown, but Private chit fund FD is not. Sorry friend.

 

[CanOl]

Do you know about Margadersi and Shriram Chit Fund companies in India?. I have a Fixed deposit in Shriram ChitFund Compnay. Will CIC accepts this private ChitFund Compnay?

No.

 

[CanOl]

Hello Folks,

My wife has a post office recurring deposit account for 5 years.
It was started in 2011 and will continue till Feb-2016. One of its feature is that Premature closure is allowed after three years. So currently we can close it if needed as we finished 3 years of its operation.

So can I show this as Proof of Funds for my application?

If yes, How would I prove that it can be closed after 3 years? Can I get the information about this type of account from Post Office's website and attach as the proof that it can be closed going forward whenever I need money?

I have only a pass book for this account. Would photocopies of these passbooks suffice as proof? Or do I have to submit any additional information?

Sorry for the repeat but need suggestion on this.

Thanks & Regards
Chakri

Post office deposits should be OK. You only need to submit copies of the pass book.

 

[katokatokato]

Hi all,
I have enough amount of fund but its not in CAD currency. Is that necessary to "buy" in required amount CAD for proof of fund or just show the amount of money in my country's currency and state the exchange rate??

Thanks
kato

 

[Subash]

Hi all,
I have enough amount of fund but its not in CAD currency. Is that necessary to "buy" in required amount CAD for proof of fund or just show the amount of money in my country's currency and state the exchange rate??

Thanks
kato

No need to buy CAD just state the exchange rate with your currency.

 

[katokatokato]

thank you for your reply. how long does I need to show the bank record ? the amount of money is in my saving account for many years.

 

[Subash]

thank you for your reply. how long does I need to show the bank record ? the amount of money is in my saving account for many years.

Throughout the process to be on the safe side.

 

[munnakha05]

Spouse fund can be used as POF. Anybody has proof of this statement?

Any cic authorized source? I want to show major amount (10000$) from my wife account and me (5000$). It is not joint account. Is it a problem?

 

[chakri8385]

Post office deposits should be OK. You only need to submit copies of the pass book.

Thank you for the confirmation

I guess I can attach a cover letter with POF stating the history of savings (In case if it is routed from any other account of mine)

 

[krish09]

I took balance certificate from the bank manager in Jun-14 for applying to FSW. But couldn't collect all docs and the process got delayed.
I will be sending the file around next week.

Is it fine to attached the bank letter of dated Jun-14 or should I get a recent one from the bank?

 

[VIMMY]

Good day people,
Pls can anyone tell me at what period do the officials check and verify your statement of Account. Is it during PER or after medicals or something. Pls your explanations and clearifications will be well appreciated.
Regards.