provident fund as proof of fund

[ajay4nicky]

hallo friend


i m working in a government org. and i can withdraw my provident fund any time it takes only one day to withdraw the certain amount from my provident fund. I have withdrawn my pf two time. they do not give cash but they make the payment by cheque which can be encashed or deposited.

 

[honeyjack]

I told you before don't worry go ahead..

I know that yours is under PF act,1925 & other organization are covered under 1952 act..

Govt employee can always withdraw by drafting an application only but others has to show specific reason for that & it will take some time to get credited in account.. but everybody can withdraw it as it is his individual savings....

It is acceptable as a POF.. to show as POF one need to show this savings by putting salary slip along with PF no or annual PF slip will be suffice...

Enjoy
Honeyjack

 

[Kanamen]

I told you before don't worry go ahead..

I know that yours is under PF act,1925 & other organization are covered under 1952 act..

Govt employee can always withdraw by drafting an application only but others has to show specific reason for that & it will take some time to get credited in account.. but everybody can withdraw it as it is his individual savings....

It is acceptable as a POF.. to show as POF one need to show this savings by putting salary slip along with PF no or annual PF slip will be suffice...

Enjoy
Honeyjack

Agreed,its acceptable with authenticated documentary proof............

 

[salmanahm]

Dear Client,

This refers to your application for admission to Canada. PLEASE READ CAREFULLY AND FOLLOW THE INSTRUCTIONS AS GIVEN.

Please be informed that you application is ready for visa issuance. The medicals are valid till 31-12-2010. You are requested to comply with the below instructions only if you and family are able to travel Canada within in the MEDICAL Validity date; otherwise inform our office accordingly.

*************************************************************************************************************
You are advised to print, write your file number, insert date and completely fill in the enclosed form [PHEP] and submit with the following:

- Right of Permanent Resident Fee (RPRF) for you and your spouse

- Proof of transferable funds, in your name, in the form of original updated Bank Statement [Transaction Report 3-6 months] equivalent to CAD$23,364 from your bank showing that you have sufficient liquid funds, unencumbered by any debts or obligations.

Note: Bank Certificates / Letters, Joint Bank Account Statements (where co-holder is other than your spouse) or Bank Statement if it is in the name of the Company/Business, Bank Drafts, Saving/Investment documents, Fixed Deposits and Property Evaluation certificates are not accepted as proof of funds.

Instructions on how to submit your passports and other required information is contained in the enclosed letter [PHEP]. Please read it carefully. Please note that we are prohibited to send passports in the mail or by courier outside of Pakistan, so you will need to provide our office with an address in Pakistan to which we can return your passports. Please ensure that passports submitted are signed [see page 2 of your passport]; in case your passports requires a signature.

Information on fees and how to pay is available on our website at:

http://www.canadainternational.gc.ca/pakistan/v...

You are advised to send in the Flight Reservations as well.

We look forward to the receipt of these items as early as possible. Please note that if you do not respond to this email within (15) days we will presume that you are no longer interested in pursuing this application and your file will be closed.

Should any of the following circumstances apply to you (or any person included in your application), you must inform this office immediately.

* change in marital status by reason of marriage, divorce, annulment or death;

* death of applicant, dependant of sponsor/ assisting relative;

* birth of a child;

* change in health;

* the laying of criminal charges or conviction for a criminal offence;

* a change in availability of funds for use in Canada; and,

* change of address and phone number.

*************************************************************************************************************

Please confirm receipt of this email by replying to this email. You are also strongly advised to provide us the courier despatch details once package is mailed out.

Regards,

Immigration Section

Canadian High Commission, Islamabad

P.O. Box 1042, Islamabad, Pakistan

Fax: +92-51-208-6914

Website: www.pakistan.gc.ca

Email: islamabad-im-enquiry @ international.gc.ca

Agreed,its acceptable with authenticated documentary proof............

 

[devilhimselff]

- Proof of transferable funds, in your name, in the form of original updated Bank Statement [Transaction Report 3-6 months] equivalent to CAD$23,364 from your bank showing that you have sufficient liquid funds, unencumbered by any debts or obligations.

Note: Bank Certificates / Letters, Joint Bank Account Statements (where co-holder is other than your spouse) or Bank Statement if it is in the name of the Company/Business, Bank Drafts, Saving/Investment documents, Fixed Deposits and Property Evaluation certificates are not accepted as proof of funds

They have told you explicitly what is required, so do as you are told....An updated bank statement is to be sent, nothing else (for Proof of funds).
Congrats for the Visa being ready

 

[ajay4nicky]

Dear salmanahm

i read your reply in which it is written

note: fixed deposite and property evaluation is.not acceptable as pof.


where as many people and senior member says fixed deposites are acceptable a pof

it is clearly mentioned on cicc website thatproperty evaluation is acceptable as pof but the property should be on the applicant's name.

plz clarify if i m wrong

regards


ajay

 

[devilhimselff]

Dear salmanahm

i read your reply in which it is written

note: fixed deposite and property evaluation is.not acceptable as pof.


where as many people and senior member says fixed deposites are acceptable a pof

it is clearly mentioned on cicc website thatproperty evaluation is acceptable as pof but the property should be on the applicant's name.

plz clarify if i m wrong

regards


ajay

Ajay it LOOKS like things vary from Visa office to Visa office. The above letter is pretty clear of what is required.

Also what I have read, sometimes it also is at the discretion of the visa officer.

We all can advice, predict, tell our experiences, BUT the final decision is with the Visa office and Visa Officer.

 

[honeyjack]

No, its not like that

you have to withdraw & transfer that invested amount( from FD, PF, MF, ULIP etc) in to your bank account & then you can show this in bank statement to VO.

You are also required to show the source from where you brought this money in your account if they ask so..

So till application submission along with docs submission all the receipt, bank certficates in original are valid.

If they ask specifically after meds then it is a different case.. & of course this is not happened with all applicants.. rare are asked to do so... so don't panic..

In india I have not seen this type of instruction to anybody atleast...so in your country it may be a different case..

Ajay you can go ahead since yr VO is ND, India

Cheers..

Honeyjack

 

[khalid h]

The letter shown here is after the medicals, at this time they need only bank statement because you are ready to land in canada, but at the initial stage they may accept other things, that is my opinion.

 

[rajkamalmohanram]

!!!!!!IMPORTANT NOTIFICATION!!!!!!​

I had raised a CSE last month to Delhi Visa Office (India) asking them if EPF can be used as proof of funds. To my surprise, this morning, received a mail from them telling that , YES, EPF can be used as Proof of Funds.

I have added the screenshot in my google drive. You can view it by clicking on the link below.

https://drive.google.com/file/d/0BygmBX-ugQw-bnU5aW1mc2psUVU/view?usp=docslist_api

Somebody might find this information useful. So, I'm posting it here.

Please note that I got this information from the Canadian High Commission in India. This response might hold good only for Indian applicants.

 

[Sunnyvaswani]

Can I show the bank statement of my business instead of my own since i am a self-employed person .

 

[rajkamalmohanram]

Can I show the bank statement of my business instead of my own since i am a self-employed person .

If it is your own business and you can prove that (client references, business card, tax returns), then YES!