Proof of funds for Canada Immigration | Sample formats and how to make a gift deed

This video gives details about Proof of Funds required for Canada Immigration Express Entry programme.
Topics Covered:
How much money is required
What's accepted and what's not accepted
Sample letters for FD and Savings account (the same letters we submitted)
What if you don't have the money
Important tips from our experience
Official link to amount of funds needed: www.canada.ca/...
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Disclaimer: These videos are our personal views and opinion, they should NOT be considered as legal advice. We are not affiliated with any government organization or division. We assume no liability for how the information on this channel is used or interpreted and hence take no responsibility for any decisions that is made with regards to your application based on the information shared on this channel.
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Therefore, we are taking matters in our own hands. After months of research and our own experience of applying for a Canadian PR, we came up with an e-book series & this KZbin channel which would include - errors to avoid, perfect sample documents (my own) and alternate ways of immigrating to Canada - 100 pages of absolute goldmine between these 3 e-books - no filters, no premium versions to these ebooks... everything is out there FOR FREE, for you to read and execute the process yourself! All we are doing in these ebooks is sharing our experience of applying for PR ourselves / structuring and pointing you in the right direction via various different resources that are available on IRCC's official website. The KZbin channel will compliment the e-book and add some personality and entertainment to the entire process :-)
Volume 1: Step by step express entry process from know nothing about immigration all the way to getting an invitation to apply (ECA, IELTS etc). Download here - www.potatotalk...
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[@Potatotalkies]

Link to book a slot: www.potatotalkies.com/book-online The helpline opens every Tuesday (Midnight) and closes when the slots are filled on a first come first served basis! We have a total of 10 slots / week. We can talk about anything directly related to your application or your interest in moving to Canada.

[@saadaroosa738]

Need suggestions I m unable to book slot

[@aradhanas7947]

Hi this is my first comment. Please do let me know what if we have homeloan and car loan?

[@sahilbhatnagar7688]

Hello Guys I have a question, what if my account is just one month old, i moved all my money to a new account recently?

[@dipikasfantasyworld3371]

I m unable to book a slot to contact with you

[@mrmrsjot]

Sir I received invitation from Ontario. But I need letter of support from Ontario PR person along with his copy of permanent resident card , utility bill and driving license. What can I do now??

[@danishwaheed1366]

first time i watch the real immigrant story such a good information Sardar g and Sardarni bhabi love from Pakistan

[@Potatotalkies]

😃👍

[@komalarora9749]

God bless u both❣️❣️

[@freekhalistan429]

@Singh everyone faces some difficulties in its life .

[@freekhalistan429]

@Singh khalistan is a name given by Sant Journail Singh Bhindrawale who raised the voice for Sikhs community to open our eyes which were misguided by HIndus Who did not fulfill the promise of Sikh Land at the time of Partition so Khalsa Raj is a real punjab.Read Dasam Granth says Sikhs do not belong to Hinduism .we are separate Nation.

[@Mrsuraj1993]

You guys have no clue how easy you are making my life! After failures in past all that you need is a hope. You guys be the best!

[@Potatotalkies]

🤗😊

[@parthpatel5785]

​@@Potatotalkieswhat if My parents give me funds and it is 6 months old than gift deed is necessary ?

[@paragkotekar1763]

Watching most you videos.... You are started to feel like a family

[@Potatotalkies]

🤗🤗

[@zitadsouza8355]

You people are too good. The way you narrate the matters is commendable. Hats off to you.

[@KoolnalSingh]

First of all i wanted to convey my best regards to both of you for this great initiative of supporting people. Its a bitter truth that Agents make aspirants so much fool and their only motive is to make money from them. Keep up the good work guys.! Waheguru meher kare.

[@Potatotalkies]

Thank you 🙏💕

[@sukhsekhon5419]

@@Potatotalkies sir, 3months old funds chal jayenge ya nhi

[@sainiranjan40]

@@sukhsekhon5419 No, minimum 4 months

[@parthpatel5785]

​@@Potatotalkieswhat if My parents give me funds and it is 6 months old than gift deed is necessary ?

[@Syedsakibvlogs]

You two are such a good human beings for helping so many people like us by making such informative videos like all of your videos, beings your viewer is gem, May God bless you both bhaiya and bhabi, lots of love from Dhaka, Bangladesh

[@Potatotalkies]

🥰👏

[@avrojyotibarua4546]

You guys are awesome. 👌Evertime I watch your video and get motivated. Actually we are in EE entry pool with 458 crs, waiting for our ITA(which is seems to be impossible😢)

[@shivakumarkulla1285]

Satsriakal, If I see you guys on screen,my heart feels so happy God bless you

[@Potatotalkies]

👏👏

[@davinderkumardutt2421]

Hi Potato Talkies, big salute to both you, the way you explain is commendable always. I mean every thing is beyond the details that no other channel explains. But my concern is about the job offer. As you said in the video that till now you have not received any job offer or letter. So basically what is the reason.? Like in every Canada program IRCC they ask for the offer letter but no company is ready to give any job. I by myself trying for this since 2 months, but no response. So till the date my big query is that how to get job or job offer? Hence I wish and request you to search on it while reaching Canada, so at least we can come at point that shall we get job offer or not? God bless you both, wishing you a great success ahead. Thanks

[@Potatotalkies]

Thank you so much 😀 We will definitely discuss when and how we get a job in Canada in our coming videos 👍

[@parthpatel5785]

​@@Potatotalkieswhat if My parents give me funds and it is 6 months old than gift deed is necessary ?

[@minalnarula9880]

In a very simple way explain any topic both of you I really like and this is really helpful for me

[@brightjohnson6301]

WE SELL AND BUY ALL KINDS OF GIFTCARDS IN STORE PHYSICAL AND ECODES AVAILABLE IN BULK AT VERY AFFORDABLE RATE we offer 50% payment if you buying up to $500 gift card But $500 lower you paying 70% payment WHATSAPP NO:-🇱🇷 [phone] NO SCAM OR RIPPING SCAMMER KEEP OFF❌🚫🚫❌❌❌

[@spottedhell]

You don't necessarily need the letter from your bank you can get the copy of your passbook showing entries for 6 months first and last page attested by the bank...

[@sanchaliful]

Thank you for explaining things in such a detailed manner. I recently started watching your videos because we'd like to move to Canada in future. You both seem really honest and candid about life in Canada. I have a question- do you have any idea when the express entry will stop? I wish you both good luck and all the success.

[@Potatotalkies]

Thanks:) Why will it stop? :)

[@qasimjutt4849]

please help snd mony

[@qasimjutt4849]

please help snd mony

[@ashishdhingra-ibm5573]

Dear Both one suggestion, when you start a series please mention in description of Video Season --- Episode -- . Thanks

[@ayusharjyal8677]

Thank you for the explanation. However, the gift deed sample contains "standing to the credit of my account number". And, you have stated that its the receiver's account but "my" denotes the father or the donor in the statement. So, if you could clarify the issue, it would be very helpful.

[@lubnaahmed4909]

My question too.waiting for your reply

[@mubeenahmadmukri1111]

Money controller hubby 😍, nice to watch covering all points. Thanks.

[@viveksingh-nt3po]

Great work guys!! Truly commendable. The documents attached in the description is really very helpful. Guys just go for it. Thanks again!! God bless you.

[@Potatotalkies]

Thank you so much 😍🤗

[@maggi21261]

You guys are doing such a wonderful job. I like your videos. They are simple to understand and the explanation given is to the point. Thank-you.

[@varunasingh3941]

You guys are really superb easily understandable information keep up the good work and provide more and more information to aspiring people otherwise not even a single person guide a person through this journey

[@shellym934]

Dear Both- It is great information for people who have crossed the level-1 milestone (ITA). One observation, the giftdeed format which you have shown has an error(correct me if iam wrong)..pls see line 5th of gift deed which says "standing to credit of my account ****" should be "standing to credit of my son account *****".. Pls clarify if my understanding is correct or not.

[@mayankmayankmatta]

We have accounts in the same bank! Icici Meera bagh! i'm going there this week to get my statements and stuff.

[@Potatotalkies]

👍👍

[@abhisharya8636]

Hi Potatoes.. i must say u have made amazing set of videos & very well explained with end to end process on immigration. I have a query that when to convert this amount into CAD & how. Please explain 🙏

[@Potatotalkies]

Sorry I didn't understand your question. You need to submit this document when you accept ITA

[@aquahumans4578]

Both of u guys r cool in every video u guys have explained everything properly.. very informative video. Thank you.

[@sammyj29]

Paji, if possible could you please share the proof of funds template. Would be really helpful. Thanks a lot for all the help and effort you both are putting in. :)

[@IdRamesh]

It is good video, pls do it in English , so that all will get benefits.so that all will support and encourage your channel.

[@anushreesubramaniam8109]

Thank you so much for this video, you guys have really made it so much easier for us! Just wanted to ask if the Gift Deed we make also needs to be signed by a witness since the format has mentioned a witness.

[@rekharastogi9068]

You guys are amazing and providing straight message to everyone!

[@Potatotalkies]

Thank you 🙏💕

[@rekharastogi9068]

Potato Talkies you know , I’ve never seen any channel who is giving such a crystal clear information to listeners. I’m amazed to receive useful information about Canada PR. All the best to you guys !!

[@priteshpatil6471]

The system currently asks all applicants to provide a proof of funds document. If you don't need to provide proof of funds, you must upload a letter explaining either that you have been invited to apply under the Canadian Experience Class, or that you have a valid job offer. Yo don't need to show proof of funds You can attach your income proof

[@AmanSingh-le7jc]

Thanks for the details. Can we showcase the required funds and the statement of the last 6 months in 2 different accounts in different banks ( Saving & Current)?

[@AB-io6jp]

Thanks Guys- very informative. If I may ask for one more help here- Could you please upload the document template you used at a link. This will help to approach Bank with the desired format.

[@Potatotalkies]

You can check the format in our ebook www.potatotalkies.com

[@IndicNomad]

I diligently follow your videos..Always informative and a lot of effort you guys put in these..Appreciate it

[@afrinkazi4814]

I keep following your channel. You do a great work on keeping up with the latest information from immigration perspective. And hence, I'm taking the time out to write this big review to ensure your viewers get precise information. Although this video is over a year ago, I suppose the contents are still valid. Nevertheless, I wanted to reconfirm about the valid proof of funds. You mention that the average of last six months should be above the minimum set proof of funds. Although, that would be nice, I suppose the requirement is to have the current closing balance (not 6 months' average) as equal to or more than the applicable Proof Of Funds amount. And practically that makes a big difference in maintaining the account. For example, someone might have the average of last 6 months meeting the criteria, however, the closing balance might be less. Do you think that would be fine to proceed with? On the other hand, someone may not have been able to maintain the average of last 6 months above the minimum amount but has probably maintained the required balance for a couple of months only. Should this person be worried about the last 6 months' average? I suppose you could investigate this a little more and correct the contents of the video if needed. And while you're at it, I think it would be good to let people know that sudden inflow of cash after getting ITA may need additional information about the source (if it's not Gift Deed). Like, if someone sells their car or jewellery and deposits that money into the account. What sort of documentation should be produced along with the bank statement? Cheers! Keep up the good works.

[@Potatotalkies]

Closing and average should be 6 months. Thanks for the note. Very useful

[@learningsolution5531]

Very good guys superb on your part nobody tells this very aspect

[@Trenzwithlucky]

Nice video !! Very informative in deed, Requesting if possible to send POF document in pdf . Would be of great help. Thanks !!!!

[@anupamjana6456]

An important topic for all immigrants, thanks. (Could you also make a video for AIPP program )

[@gmrasel7297]

Exactly i am loooking for. Thanks a bunch, the dearest coupe i ve ever seen. I alwys follow u guy for long time :)

[@srivarshini179]

Thank you so much for this video :) Got a lot of info .Great job. Keep posting informative videos.

[@jilankazi7326]

Mujhe lagta hai aap bhoth aage jaoge ,log aapko bht like karenge superb ❤️

[@Potatotalkies]

😃

[@pampasaha6079]

nice couple,nice information,nicely explained.. good luck both of you.

[@sukanyasarkar3650]

May god bless you two and your family and close ones

[@sbagga1u]

Thanks guys for the sound information and quality presentation. Did you mention that the amount taken in the for of the 'gift deed' must also be reflecting in your account and included in the bank certificate? Logically yes but I dint hear you mention that. Kindly clarify. You both are doing pretty well together. Best wishes.

[@gur742]

hi guys really really loved your videos , it would be much appreciated if you could make a video about how as an india seafarer (merchant navy officer) i can get a move to canada with a PR. i hope you will soon make a video about that also

[@anupalduara]

Hi guys! Really thanks a lot for making such a video with format samples. I have one question if you can please answer - How should the spouse authorize the primary applicant to give access to her funds. I mean should it be in a plain paper stating the same or it must be in some other official document? Thank you and please keep up the great work :)

[@shreyasullal5698]

Amazing video, you guys are really helping a lot of people

[@ParminderSingh-kk5dh]

Sir, if its necessary Dat whole(100%) amount should not be from gift deed as gift deed should be upto just 60% of funds and the rest of amount should be shown in savings account..

[@suniloza483]

Hello Potato Talkies, Congratulations u have me as a new subscriber.. I like your videos and are informative and motivating. I am an Indian and reside in Kuwait currently. I have started my FSWP in the month of Jan 2020 but closely to Feb the lockdown started almost everywhere and due to which my ECA process has got delayed, I have graduated from Mumbai Univ. and am not able to send the transcripts as Univ. is still shut. Hoping everything will bounce back soon and my process will go smoothly hassle free.

[@Potatotalkies]

Thank you and we hope so too. All the best👍

[@vijetasingh3744]

Thank you guys! Really helpful I’m glued to your video for more content

[@Potatotalkies]

😃👍

[@AnushHariharan]

If we use a Gift Deed, do you need a statement from the bank along with it. If so, does it have to include 6 months savings. Thank you so much for all the content!

[@azharuddinahmed6158]

Amazing! Potato Couples are just awesome. Just, needed an explaining. If someone is having a personal loan whose EMI is been deducted, say from Bank A and as mentioned the Bank letter should not mention of any any debt of an individual. So, can I open a new Bank account (say Bank B) and show proof of funds of last six months from Bank B account. Additionally, can they still trace whether if any personal loan or any other loans are running in the individual name after showing Bank statement from Bank B? Please clarify us on this point. Thanks

[@idriswishiwala7370]

Big Fan of your channel, Veeray! I am currently in the US and have a CHECKING account with sufficient funds. Should I make a SAVINGS Account? What if the new SAVINGS account is not 6 months old? Have no outstanding debts.

[@Potatotalkies]

Checking is fine..

[@NotTheGoddess]

Thank you for being super helpful. But I wanted to know where I can get this format?

[@dhingranitish]

Hellloo, thanks for sharing such helpful content with us. Can u make a video on proof of funds for sds student stream. Thanks you.

[@5minutesseries431]

You guys are Amazing as always!!! I'm surprised no one asked this question: In case of gift deed (I don't have that much money, nor does my father has :-P), can my father arrange the funds in the 11th hour into his account, and gift it to me anytime?

[@Potatotalkies]

Yes

[@5minutesseries431]

​@@Potatotalkies Thanks a lot! If I calculate my CRS using 6666 in IELTS, I get 338, which is good for AINP, but that would make me ineligible in Express Entry eligibility criteria ( I get less than 67 ). Is that an issue? Do I have to be eligible to Express Entry eligible criteria in order to apply for AINP?

[@rameshkrishnan5651]

You guys are awesome! :) I have 2 questions regarding the proof of fund: 1) Gift deed: If my parents give me a gift deed for 10,000 CAD, do I still have to show the proof for the amount in either my parents or my bank account (i.e., account statement, etc.)? 2) Monthly average: I don't keep money in my savings a/c as the interest is very low. I usually maintain short-term FDs. In that case, my monthly average in my savings a/c is low. Will that be a concern? Thank you guys! Keep rocking!

[@Potatotalkies]

1. Bank letter is mandatory + gift deed 2. FD works fine.

[@gemish123]

I really appreciate for your work , you guys are really doing great . Keep rocking . I have one query : - If wife is main applicant but funds are in Spouse Account , in this case what we can Do ?

[@akashsamanta]

Your videos are really informative. Please let me know, how can I show mutual funds as proof of funds for SOWP application.

[@parminderarora2612]

Hello Thanks for sharing all the info with us, you have been one who has always kept me motivated. Thanks a lot for helping us.🙏 I have a small question, me and my spouse are not primary account as joint account. He transferred amount to my account which we are showing as one for pof, do i need to get a gift deed for any such transactions or i can explain it in LOE. 2. Also do i need to show his source for such fund, he got that amount from his brother, so i suppose we need 1 gift deed which he got from his brother?? Thanks for help

[@Potatotalkies]

The transactions are complicated... so I will suggest to show all the gift deeds... brother to hisband and then to you.

[@shikhadedhia5741]

Hey, This video is really informative. Please could you share the format of bank letter if the funds are procured through gift deed. Do we have to maintain six months balance if these funds are received through gift deed ?

[@vineetharavindakshan4485]

Thanks for the information.. I have a he loan. Should I close it before I travel??

[@karanbabariya7773]

First off, thank you both for making such a detailed video. Really appreciate it! So, I have received a series of instalments from my sister and mother in the last couple of months. My sister lives in the UK and my mother in India. Should I get 2 separate gift deeds, one from India (from my mother) and other from UK (from my sister in the gift deed format available there) showing all the transactions respectively?

[@amritrai3336]

Hi Guys!, Thanks for all the great content and advice. I have one question regarding POF though. Most of my savings are in Mutual Funds. So if I get an ITA, should I liquidate my money from the mutual funds or should I liquidate them when I am making my Express entry profile(In case of PNP where funds should be 3 months old)? Also, what documents do I need to add with my POF to show that all the money liquidated is mine? I am sorry if this is a very stupid question but I was not able find the answer anywhere.

[@titozroshan]

Hi thank you for such great video series, however can you please confirm how much is the max amount we can take as gift deed from relatives?

[@harpreetjagirdar602]

Hey, i am really liking th e videos which you're uploading, very helpful and giving clear picture how to proceed further. i just want to ask as per the current scenario how much time does immigration take to give ITA.

[@Potatotalkies]

Getting ITA depends on meeting the cutoff. If you meet the cutoff, you can get ITA in the next draw

[@TheMaverick2you]

Thanks for such great and useful information guys.

[@shariqkhan3720]

Nice video. I have one question you mentioned bank phone n email address is very important however the actual one you shared here is just on letter head without any contact info just address.

[@bhumipatel1534]

I have two doubts: 1. Can we give bank statement of joint account with parents?? 2. Is it mandatory to have average balance greater than require in past six months ?

[@funtym6083]

If I am applying from India and the funds are in a Chinese Bank Account (since my previous employment there) that has no presence in India. What am I supposed to do? 1. Should I get a statement from the Chinese Bank while applying from India? That would require my presence in China, but due to lockdown I am in India. 2. Should I transfer funds to Indian Bank Account? 3. Should I open an NRE Account with Indian Bank and the get a proof of funds? 4. Should I go to China on a tourist/business visa and apply from there. Since, you were working in Hong Kong, I was hoping you might have an answer to this.

[@Ishaanstube]

Please clear my little doubts- 1. When there is already the first letter for Savings Account then why have you mentioned your savings account details in the 2nd Fixed Deposit letter also? 2. If I have both Savings account and Fixed deposit in the same branch, then do I need to prepare separate letters or one consolidated letter is enough?

[@nikhilraj20]

Hi, thank you for this amazing video. I have a doubt and it’s a very important one. What if I have a housing loan? Will that loan amount affect my proof of fund?

[@Potatotalkies]

House loan is fine.

[@TheYms8884]

@@Potatotalkies Thank you guys! do we have to submit any document to declare that you have outstanding loan along with other POFs documents?

[@jagdisharora2592]

again v informative ... thanx both of you...whether gift deed is acceptable for SINP ...? do we need to maintain the balance while applying for EOI ? THANKS

[@farosaltalk8124]

Great information to understand easily....you r best

[@Potatotalkies]

👍

[@gurnishchhabda5097]

Hi, This video is really helpful.. Thank you so much for your efforts to share such insightful videos. I wanted to know that do we need to prepare a letter for Provident fund as well or just a statement downloaded from EPFO site can be enclosed with the other proof of fund docs?

[@skidproductions]

very informative. Thank you so much guyz. You have earned a new subscriber :)

[@Potatotalkies]

😃

[@muditbadiyani5741]

Hi. Thank you for the great video. One quick question pls - Considering that the funds maintained in a normal savings account are not repatriable, do we need to maintain the funds in an NRE/NRO account?

[@nikitasharma8116]

Hi Guys! You are doing a great job! Thank you so much for clarifying most of the questions of people who are new to the process! 🎉 I just have one question here, can a FD be treated as gift deed? Or it can only be certain amount that is transferred to your bank account which is taken into consideration?

[@Potatotalkies]

They are 2 different things. If you are taking the money fro. Someone, you neeed a gift deed

[@sachinbhatt7031]

A small post AOR question - I showed all the money in my wife's accout she being the secondary applicant with all the necessary formalities. But we forgot to submit the consent letter stating I (primary applicant) have complete acsess to the funds...will this cause problem ? If yes what can be done now?

[@bharathk3071]

Hi very good video for ppl looking to migrate to Canada, Quick question. what if we have debts (loans). Do we need to clear and close the loan before we migrate?

[@SouravOfficial17]

Tq so so much Couple...it's very informative video...God bless u both🙏🏻

[@shahmeerkhan9881]

Very Knowledgeable Video... Now, if someone borrowed required amount from a Cousin or Uncle through a gift deed, it will be acceptable or not?

[@Potatotalkies]

Its better to do it with arms length relation.. parents, real sibling

[@nayanjyotimedhi]

Please,can you make some videos about P.Eng certification for engineers in Canada, how an immigrant from India can apply? What can one do in advance for P.Eng before getting ITA?

[@pragyaanand3007]

Hi guys, great video on the content covered. I have a question - if my savings account is in a private bank and my funds are all in post office savings FDs. The post office is refusing to provide me the bank letter in the prescribed format. What do you suggest I should do ? Should I rather go for a gift deed from my father ?

[@ravneetbhatti4422]

Hello Nav and Sim, I have got my ITA and I'm keeping my fingers crossed to get a call scheduled with you guys. However, if I don't get lucky booking one, I have the following query. I have got a gift from my dad and made an FD of it, got my gift deed and affidavit in place as well. I wanted to know if I make a similar bank letter like yours for my FDs, do I need to provide my last six months bank statement or the fixed deposit copies alone would suffice? PS: I made two FDs of my November and December salary as well. Thank you in advance for always coming to our rescue!!

[@momalkhan3824]

From when we count the 6 months?By the time of getting ITA or at the time we are creating our profile?Please clarify.Thank you.

[@Potatotalkies]

ITA

[@kandulabharath1422]

Thank you very much guys! One specific doubt is should we not have loans in any bank?? Because I have personal loan in one bank and can I save money and get letter from another bank account??

[@minhzikm1]

what does the "Closing Hours" represents ? Does it mean the time of closing the account ?

[@snow9359]

Hi, I have a question about POF exemption. *Who does not need proof of funds You don’t need to show that you have enough money to support yourself and your family if -you’re applying under the Canadian Experience Class or -you’re authorized to work in Canada and you have a valid job offer, even if you apply under the Federal Skilled Worker Program or the Federal Skilled Trades Program.* What does this AND signifies in the second point? I have a job offer at the moment but I am not authorized to work in Canada. After receiving an ITA, do I need to show POF? Thank you

[@artichauhan2248]

Very helpful & informative vedio 👍🏻thank you so much for this information .

[@cruisejobsinfo5486]

it's really informative and helpful video and quite satisfying all my queries. only one thing, I need to ask if i change my Bank (i like your expression _screw them, and it's TRUE, some banks are really pain the neck) then how I will prove my new bank statement that this amount is 6 months old. OR do I have to attach statement of accounts and cheque from my previous screwed up bank. I am actually having trouble as I have fdš in post office and getting pissed off with them as they don't have letter head and donot want to write anything like no debts , cannot write indian money converted to canadian dollars , I mean the list is long..... what do you suggest me the best. anyway, your video on this subject is awesome.

[@ranjitharaju05]

This video is very Informative..Thankyou Guys 01 doubt is that if we make a gift deed then do we need to show the bank statement or should the gift deed amount has to be in my account for 06 months?

[@Potatotalkies]

Bank letter is mandatory.

[@navroze92]

Hey, guys, thanks for sharing the valuable information. I require a little help and would really appreciate it. Every month on receiving my salary I transfer my amount to FD's. Due to this, my average balance in the bank account gets affected. Could you please help me with the following points. 1. Is there a thresh hold that I need to maintain for my average bank balance? 2. Once I have generated the required amount in the FD's do I need to transfer them back to my bank account? 3. If all of my amount is present in FD's is there a need to show my average bank balance i.e bank letter you have mentioned in the video?

[@Potatotalkies]

You can show your entire proof of funds as your FD and also, you have had the amount for 6 months. Just make sure that your FD's are liquid.

[@hasanfarhan4952]

I'm working in Banking for last 16 Year's. For Proof of Funds, i have followings options available. 1) I have funds in my Bank account which is more than 1 Year old. 2) Provident Funds and same is clearly mentioned and accumulated in each month salary slip. 3) In addition to this, i am also entitlement of gratuity as per Bank Policy, which is equal to last full basic multiple by number of years work, to be paid on end of the service or at the time of resignation. so whenever, employee leave the organization, it will be paid like PF. Now, My Question is that "Gratuity is included as Proof of Funds"?

[@Potatotalkies]

Sure.. should be fine as long as its liquid.

[@hasanfarhan4952]

Thank you for your reply.

[@rizkahardy7617]

Would you please be kind enough to provide the format of the bank letter for fixed deposit so that it is in a printable format.

[@umargoury7096]

Dear, Two questions: 1st question: I have a loan from Bank A......... but, I make a proof fund letter from Bank B..... Obviously, Bank B will write on his letter head that this customer has no debt or loan from our bank. So, this is ok for me or not....Bank B letter will be fine. Question 2: I must need to show my debt or loan. Please guide .... Thanks 2.

[@anureetsharma1048]

Guys you are doing great job

[@PrateekMotwani]

You told initially that u will tell us in the end that what to do if the funds are not of 6 months old but u didn't told ?

[@premnathdaram2929]

Really a good information..thank you very much both couple..👍🙏

[@akramarafat5326]

thank u so much for giving us such valuable information

[@dhartisiddhpura4272]

Hello again to both of you! Firstly Thank you so much for the efforts you are putting to help others. I have 2 questions 1. The fund should be 6 months old from the date I receive ITA? 2. What if the secondary applicant has a personal loan in his name? Will that be an issue?

[@Potatotalkies]

1. Yes 2. If its there on your bank letter, then yes its an issue

[@dhartisiddhpura4272]

@@Potatotalkies Thank you so much for the reply 🙂

[@moltobhai]

Hi! Thank you for this video. Could you please clarify the authorization letter written by spouse? Is this a legal document provided by the bank? Would really appreciate if you elaborate.

[@Potatotalkies]

No.. its notorized

[@vasim.malek_]

One of agent told me that 3 months old balance is sufficient and your video suggests 6 months!🤯 However, I have only 327 CRS.. so not worrying much about it.. lol

[@Potatotalkies]

For PNP, its 3 months

[@vasim.malek_]

@@Potatotalkies Thanks for your reply the last query from me is If i might have shortlisted by one of the provinces and fulfill the requirements of invitation then they issue advice letter which contains 600 points. We update our EOI on FSW, again we have to show 6 months fund ot 3 months?