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Question on proof of funds

RISHIFERRARI20

Star Member
Sep 27, 2018
159
17
I am applying for PR for myself (family of 1) and entered ~ INR 8 lacs (in CAN $) while submitting the EE profile. Since the CIC requires an official letter from my bank, which will list ALL my accounts with them, (SBI - savings, FD and PPF) is it okay if the sum total exceeds 8 lacs? Sorry if this is a silly question, but basically is it okay if I show MORE funds than what I entered in the EE profile before ITA? This is a bank account I have been holding for the last 13 years. Or, for example, should I get a statement/letter only for the account that I intend to use for Canada (for eg. PPF). Is it mandatory to disclose all my other accounts with THAT bank?
 

Grizz

Star Member
Nov 13, 2018
150
121
I am applying for PR for myself (family of 1) and entered ~ INR 8 lacs (in CAN $) while submitting the EE profile. Since the CIC requires an official letter from my bank, which will list ALL my accounts with them, (SBI - savings, FD and PPF) is it okay if the sum total exceeds 8 lacs? Sorry if this is a silly question, but basically is it okay if I show MORE funds than what I entered in the EE profile before ITA? This is a bank account I have been holding for the last 13 years. Or, for example, should I get a statement/letter only for the account that I intend to use for Canada (for eg. PPF). Is it mandatory to disclose all my other accounts with THAT bank?
You can have funds in excess as long as you can prove it's yours and there's no dodgy source that it's coming from. Also, I think you need to disclose all accounts from that bank. But I'd let other members throw some light on it since I'm not a 100% sure about it.
 
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