Proof of Funds

[Praveen296]

Hello. I am responding to ITA under FSW quota and I need to show proof of funds. I have enough funds to be shown through my savings account. However I see that there is a requirement to attach my loan documents and investment accounts. I have a home loan in the US and India. Should I attach those details too?

 

[iSaidGoodDay]

Hello. I am responding to ITA under FSW quota and I need to show proof of funds. I have enough funds to be shown through my savings account. However I see that there is a requirement to attach my loan documents and investment accounts. I have a home loan in the US and India. Should I attach those details too?

The question that needs addressing is that - what bank account you are going to use to show POF? Do you have any existing debts?

I had multiple bank accounts. I only showed one for POF and that's it. Kept my documentation simple.

 

[Praveen296]

The question that needs addressing is that - what bank account you are going to use to show POF? Do you have any existing debts?

I had multiple bank accounts. I only showed one for POF and that's it. Kept my documentation simple.

Hello. Thank you for your response. I am going to use Yotta (Prize Led Savings Account). When you say "Debts", home loan is perceived as a debt. Thats my concern

 

[iSaidGoodDay]

Hello. Thank you for your response. I am going to use Yotta (Prize Led Savings Account). When you say "Debts", home loan is perceived as a debt. Thats my concern

Is the debt on the same bank as your POF account? If no, there'll be no codified debt on your POF.

 

[Praveen296]

Is the debt on the same bank as your POF account? If no, there'll be no codified debt on your POF.

Thank you. Most probably, I shall upload only the single bank account with enough funds for PR