Query related to FDR's

[Tanu]

Hi,
I am single and the principal applicant. I have to send documents to New Delhi Visa by 30th May'10. I am a Chartered Accountant by profession and held joint FDR's with my mother. I have transferred the money by opening a new account in the SAME BANK on 15th May'10. I have got a FDR of Rs 2 Lacs in my name. I have two quieries:

a) Bank certificate (i got from bank) states that the account was opened on 13th May'10.

Is there any requirement how much old should be the bank account?

b) Do i need to give explanation from where i have got this money from(even though the money in previously held joint account was mine) . Plz advise

Regards
Tanu

 

[visaexpert]

I am single and the principal applicant. I have to send documents to New Delhi Visa by 30th May'10. I am a Chartered Accountant by profession and held joint FDR's with my mother. I have transferred the money by opening a new account in the SAME BANK on 15th May'10. I have got a FDR of Rs 2 Lacs in my name. I have two quieries:

a) Bank certificate (i got from bank) states that the account was opened on 13th May'10.

Is there any requirement how much old should be the bank account?

NO
It is good if it is 3 Months old bank account.


b) Do i need to give explanation from where i have got this money from(even though the money in previously held joint account was mine) . Plz advise

NO
Do not tell them from where you arrange money. It create negative effects.
They knows well if it is in account of principle applicant, it is genuine and not borrowed.

 

[accounts]

Hi,
I am single and the principal applicant. I have to send documents to New Delhi Visa by 30th May'10. I am a Chartered Accountant by profession and held joint FDR's with my mother. I have transferred the money by opening a new account in the SAME BANK on 15th May'10. I have got a FDR of Rs 2 Lacs in my name. I have two quieries:

a) Bank certificate (i got from bank) states that the account was opened on 13th May'10.

Is there any requirement how much old should be the bank account?

b) Do i need to give explanation from where i have got this money from(even though the money in previously held joint account was mine) . Plz advise

Regards
Tanu

No Need of declaring about the source of funds..

As suggested yesterday.. make FDRs in your name asap.

 

[Tanu]

(1)Is it neccessary to give bank certificate for FDR's.

(2) Can notarized photocopies of FDR's will not be sufficient for this purpose


Regards

Tanu

 

[accounts]

(1)Is it neccessary to give bank certificate for FDR's.

(2) Can notarized photocopies of FDR's will not be sufficient for this purpose


Regards

Tanu

1.Notorised copy of FD Receipt is reqd
2.Latest BAnk Certificate certifying the existence of said FDR is recommemnded. (may be they can ask for it again)


I think u made FDR in some bank in city other than u reside.. thats why u are reluctant to do that....