Property Valuation as POF for VO New Delhi_Pls advice

[vibez_well]

So vibez,

according to the reply sent to you...
They require anything that is unencumbered and easily convertible in currency available..
that means anything attached to debt/loan is not acceptable by them..

Hi Shah,

1. The reply was not sent to me as such. But its in the New Delhi Checklist.
http://www.cic.gc.ca/english/pdf/kits/guides/E37029.pdf
2. Yes, if there is an emcumberance on a property, then obviously you dont have the full title over it currently (meaning, the bank or someone else has a hold over it )
am stuck too.

 

[johny gaddar]

dear mkshaw..
Don't ever tell the VO that you r paying LOAN against your property...or anything pertaining to LOAN.
The simple thing is that you will have to deposit the rest of amount in such a way, that you must provide proof that against that amount...

Let say you deposit two lac now...but you must be in a position to tell them the source where you obtained it....like if you withdraw your PF amount..that will be a valid reason...and also you can say you sold some of your gold Jewellery and attach proof against that...selling slips..

Withdrwaing PF is itself a tedious process...so be careful for that..

You cannot make the VO assume that you will be getting FULL and Final Money when u resign from the company...because they need proof of fund then n there only....

I request you to do things very carefully...All the best...Johny

 

[nevilraval]

Dear All,

I am a May applicant and received 1st AOR on 30th Sept.

My question is i've to submit my full docs before 28th January 2011 and i have just created liquid funds .My question is if put this amount in the banks,should that be ok?I am planning to take bank certificate in December so that i can also attach last two months staement showing enough fund.MY problem is if CHC ,ND asks total six months statement then i wont have that amount.
Anybody can give me the idea what to do?!!

Regards
Nevil

 

[haral]

yes it will be ok..its very rare for them to ask for 6 months stmt (with medical request).. but dont worry as long as you can prove source of funds are your s and ur s only there wont be any problem.

Dear All,

I am a May applicant and received 1st AOR on 30th Sept.

My question is i've to submit my full docs before 28th January 2011 and i have just created liquid funds .My question is if put this amount in the banks,should that be ok?I am planning to take bank certificate in December so that i can also attach last two months staement showing enough fund.MY problem is if CHC ,ND asks total six months statement then i wont have that amount.
Anybody can give me the idea what to do?!!

Regards
Nevil

 

[johny gaddar]

@nevilrevil.....

Hi friend...i think you need not to worry at all...just send them the bank certificate showing the minimum requirement and there is no need to send 2 months statements also...as you have a very long way to go before CHC officer actually process your case...and in then your cash have already bin 6 months old...

Just relax...as you have lot of time...but make sure you do not withdrawn any amount from that bank...

all the best, johny

 

[mkshah]

Hi johny..
Thanks buddy for your support.

I need to get some clarity regarding PF withdrawl.
Presently I am working and as per company's records, total PF accumulated under my PF account is Rs. 72000 including company's additions too.
Now, can I apply to my company for withdrawl of PF now while I am still working with the company?
Pls guide.

dear mkshaw..
Don't ever tell the VO that you r paying LOAN against your property...or anything pertaining to LOAN.
The simple thing is that you will have to deposit the rest of amount in such a way, that you must provide proof that against that amount...

Let say you deposit two lac now...but you must be in a position to tell them the source where you obtained it....like if you withdraw your PF amount..that will be a valid reason...and also you can say you sold some of your gold Jewellery and attach proof against that...selling slips..

Withdrwaing PF is itself a tedious process...so be careful for that..

You cannot make the VO assume that you will be getting FULL and Final Money when u resign from the company...because they need proof of fund then n there only....

I request you to do things very carefully...All the best...Johny

 

[johny gaddar]

@ mkshah..

i suggest you to visit www.epfindia.com
you may find your answer there...as i m not sure weather you can withdraw your PF while working with the same company...

I think you can but m nt sure of that..

or you can just speak to your HR or account executive for that...

well, there is no need to say thanks as there are many things that I didnt knw...and i asked other to give their opinion..this site is just for sharing each other opinion and experiences...

All the best, Johny

 

[nevilraval]

@ nevilrevil.....

Hi friend...i think you need not to worry at all...just send them the bank certificate showing the minimum requirement and there is no need to send 2 months statements also...as you have a very long way to go before CHC officer actually process your case...and in then your cash have already bin 6 months old...

Just relax...as you have lot of time...but make sure you do not withdrawn any amount from that bank...

all the best, johny

thanks johny brother!!
i was worried a lot.
u mean to say when CHC will go for my background check( may be after 6 months from now..) then only i should have the fund!!if that is the case then i will be relaxed a lot.
But when CHC will ask for fund they should not ask the fund starting from year 2010 that is the only worry i have.
thanks bro!!u solved my pb
Nevil

 

[johny gaddar]

hi...i request you to please do not misunderstood me...

I said, you must submit the minimum required fund in your bank now...and send a Balance certificate along with yur full documents now...after 6 months, your visa officer wil review your case...and i dont think he will ask you for your last 6 months statements...

If he ask you about that....then also you may not have any difficuly showing him the last 6 months statements...as your fund wud have been 6 months old at that time..

R u getting me...but be sure not to withdraw any amount in these 6 months..okay.

Johny