Hi,
I have received ITA and needs to apply before 22-Nov. I have one doubt related to Proof of Funds. I have around 9 lacs in my own PPF account and as this account has already matured and is currently in extended period, I can withdraw 60% (i.e. 5.5 lacs) from my PPF account immediately.
Keeping in mind the 6-month average balance that we need to maintain in our saving bank account, will it be okay if I withdraw the amount now from my PPF account and keep it in my saving bank account now until completion of my PR process. By adding this amount in my saving account, I will have over 9 lacs in my savings account which will be enough to support me and my spouse application.
Can someone kindly guide me if this will be fine for showing PoF or the amount should be at least there for 6 months in my savings account to avoid rejection?
I have received ITA and needs to apply before 22-Nov. I have one doubt related to Proof of Funds. I have around 9 lacs in my own PPF account and as this account has already matured and is currently in extended period, I can withdraw 60% (i.e. 5.5 lacs) from my PPF account immediately.
Keeping in mind the 6-month average balance that we need to maintain in our saving bank account, will it be okay if I withdraw the amount now from my PPF account and keep it in my saving bank account now until completion of my PR process. By adding this amount in my saving account, I will have over 9 lacs in my savings account which will be enough to support me and my spouse application.
Can someone kindly guide me if this will be fine for showing PoF or the amount should be at least there for 6 months in my savings account to avoid rejection?
