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Proof of funds: Recurring Deposit

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K

krishnacanada22

Full Member
Jul 7, 2017
26
5
Category........
FSW
Visa Office......
NDVO
NOC Code......
2172
Friends I am a newbie and need your help with Proof of Funds. I have two recurring deposits, current account value is close to 4800 CAD; they are going to mature in November 2017 with 5000 CAD. Not sure how can I show that money as Proof of funds? As I understand that Recurring Deposits can be closed in 2-3 days time, so liquid cash is immediately available. Does this mean that if I need to show proof of funds in October, I will need to prematurely close my Recurring deposits? and show them as bank balance?

Please help. Thanks!
 
krishnacanada22 said:
Friends I am a newbie and need your help with Proof of Funds. I have two recurring deposits, current account value is close to 4800 CAD; they are going to mature in November 2017 with 5000 CAD. Not sure how can I show that money as Proof of funds? As I understand that Recurring Deposits can be closed in 2-3 days time, so liquid cash is immediately available. Does this mean that if I need to show proof of funds in October, I will need to prematurely close my Recurring deposits? and show them as bank balance?

Please help. Thanks!
Click to expand...

You can show your recurring deposit receipts and statement for proof of funds. Even if you sell them, it will appear in your bank balance, and you will have to show the recurring deposit receipts.
 
Marty_ said:
You can show your recurring deposit receipts and statement for proof of funds. Even if you sell them, it will appear in your bank balance, and you will have to show the recurring deposit receipts.
Click to expand...
Thanks! Appreciate your quick response.
 
krishnacanada22 said:
Friends I am a newbie and need your help with Proof of Funds. I have two recurring deposits, current account value is close to 4800 CAD; they are going to mature in November 2017 with 5000 CAD. Not sure how can I show that money as Proof of funds? As I understand that Recurring Deposits can be closed in 2-3 days time, so liquid cash is immediately available. Does this mean that if I need to show proof of funds in October, I will need to prematurely close my Recurring deposits? and show them as bank balance?

Please help. Thanks!
Click to expand...
RD balance is acceptable . All banks provide Balance certificate including saving balance + RD + any other policy in same bank .Upload your RD statement .
 
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