Hi,
I am in process of getting the letter for proof of fund from my bank. I have an FD (auto renewed every 3 months) of around Rs. 7 lac at the bank from past 1 year and around Rs. 25,000 in savings account with the same bank. My query is that each time my FD is auto renewed, the bank assigns a new account number to the FD. Can I show this FD for the proof of fund without breaking it. Also, average balance of my account for past six month would be just Rs. 25000 in the savings account. Will CIC take in to account both Rs. 25000 and the FD amount while considering the adequacy of the funds.
Also, I am currently in canada on study permit and I have some money in my GIC account. Do I need to show the account statement from this account?
Thanks
I am in process of getting the letter for proof of fund from my bank. I have an FD (auto renewed every 3 months) of around Rs. 7 lac at the bank from past 1 year and around Rs. 25,000 in savings account with the same bank. My query is that each time my FD is auto renewed, the bank assigns a new account number to the FD. Can I show this FD for the proof of fund without breaking it. Also, average balance of my account for past six month would be just Rs. 25000 in the savings account. Will CIC take in to account both Rs. 25000 and the FD amount while considering the adequacy of the funds.
Also, I am currently in canada on study permit and I have some money in my GIC account. Do I need to show the account statement from this account?
Thanks