Hi friends,
Please let me know if it is okay for showing proof of funds:
1) My savings/salary account
2) Mutual funds statement
3) Fixed deposits in the name of wife (I am principal applicant). if required she can provide authorization letter to establish that I can utilize the fund when required.
4) Savings account jointly held by my me and my father.
5) Statement of Provident Funds
6) Mutual funds invested in the name of my son by my father
1. yes
2. mutual funds are subject to market risk. it can make you a pauper or a millionaire
3. yes. i did the same and submitted a no objection letter from my wife
4. no. your father cant be involved in this
5. dont know
6. no
Hi friends,
Please let me know if it is okay for showing proof of funds:
1) My savings/salary account Yes
2) Mutual funds statement Yes
3) Fixed deposits in the name of wife (I am principal applicant). if required she can provide authorization letter to establish that I can utilize the fund when required. Yes
4) Savings account jointly held by my me and my father. No. Account should be a joint account with your father
5) Statement of Provident Funds Yes
6) Mutual funds invested in the name of my son by my father No
