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Need help with Proof of Fund

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V

varnapremraj

Full Member
Jun 18, 2018
30
0
Hi.. my account has got required fund... But I have got a hefty loan.. So is it oki if I get a gift deed from my parent with the amount of money to pay back the loan.. so my account will have required fund for express entry + gift amount to pay back the loan... would that be okay ? And would a huge account balance create any issues ? Please advice.
 
varnapremraj said:
Hi.. my account has got required fund... But I have got a hefty loan.. So is it oki if I get a gift deed from my parent with the amount of money to pay back the loan.. so my account will have required fund for express entry + gift amount to pay back the loan... would that be okay ? And would a huge account balance create any issues ? Please advice.
Click to expand...
It would be okay, if you get a gift deed certificate and explain the same in the LOE.
 
varnapremraj said:
Thank you so much... the account that I am showing is not my salary account... that would not be a problem right ?It just has to be in my name right ?
Click to expand...
It doesn't have to be your salary account. Account in your name will do.
 
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