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Discussion Starter #1
Hey,
I really wanted to know 'exactly' what kind of Financial statements is acceptable at CIC office for showcasing proof-of-funds for PR-Visa, other than (Fixed deposit & SB).

My financial liquid assets are not put in SB bank account rather in much of Investment schemes available in my home country (India).
Majorly, I have invested in:
(1) National Savings certificate (Govt scheme for period of 6 years fixed)

I am eager to know whether this can be shown for proof-of-funds for PR-visa process (for CAD $11,086 as stated by CIC) ??
:rolleyes2:

Please help me as it is very important to me,
other wise I hav to find some other alternative for finding funds of this much amount... !! :confused2:
 

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Discussion Starter #2
Hey folks.....
It would be grateful if anyone can give an input or thought on this...

"Can I show NSC (National Savings Certificate)",
an infrastructure Bond in Indian Govt. postal scheme (6 years fixed) as proof-of-funds in terms of liquid funds ???
 

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Hello,

You can show the following

SB\FD\PPF\EPF\Mutual funds...

NSC I doubt as you need to declare funds which can be liquidated immediately. Considering this condition NSC is a fixed deposit and cannot be en-cashed in between.
 

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Hi,

I think NSC can be shown.
But you need to get a letter from authorizing agency declaring your fund value.

Regards,
Ash
 

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Discussion Starter #5
Hello,

You can show the following

SB\FD\PPF\EPF\Mutual funds...

NSC I doubt as you need to declare funds which can be liquidated immediately. Considering this condition NSC is a fixed deposit and cannot be en-cashed in between.
No, its not like that,
NSC can be encashed anytime just like any FD...
only thing is that interest will be less. if we withdraw before maturity period - (4% interest + deposited amount).
If NSC is matured, we will get (8.5% interest + deposited amount).....
 

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Hi all,

Pls. Guide regarding the Proof of funds to be submitted.

1.Can we show the house as a proof of funds

2.Is it valid if its jointly in the name of applicant(female), spouse, son and the mother of the applicant
 

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Discussion Starter #7
House, Car, Land, etc.. is not accceptable by the Canadian Embassy.
Funds should be in "Liquid" Form..... !!

investments in baks, bonds,etc only are applicable. Eg:- PPF, EPF, Mutual funds, FD, etc...
 

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House, Car, Land, etc.. is not accceptable by the Canadian Embassy.
Funds should be in "Liquid" Form..... !!

investments in baks, bonds,etc only are applicable. Eg:- PPF, EPF, Mutual funds, FD, etc...
We are three members so the amount is 18079/-cad $ we have to show all this amount in liquid? Also if FD is shown can a recent one be valid?

Again from where to get the valuation done in cad $?
 

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Discussion Starter #9
yes... u have to show the complete amount in liquid assets....
you can either use ur credit card or dd for payment.

yes.. the FD can be a recent one.. that accounts....
 
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