Proof of Funds|Canada Express Entry Program 2020|Format of Balance Certificate| PF Letter| Gift Deed

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  • Опубликовано: 26 янв 2025

Комментарии • 119

  • @minhazmuhammed9844
    @minhazmuhammed9844 2 года назад

    Thanks for the valuable information. Can i show the funds by liquidating by selling jewellery or gemstones i poses. If yes what are the documents required and can that money be deposited just before visa application or few weeks before submitting the application. Please advise on this..

  • @mihir641990
    @mihir641990 2 года назад

    Where and how can I get the PF Balance letter from regional EPFO. Till now I was prepared to submit PF statements downloaded from EPFO website. But as you indicated I would need PF balance letter, so where can I get it ? and How long it will take to process this letter ?

  • @anurag1290
    @anurag1290 3 года назад +1

    PF balance is a total of employee+ employer share or just employee share(EPF account in India)?

    • @canadaprinfo
      @canadaprinfo  3 года назад

      it is both because you can withdraw it once you leave the job, you can show it as a POF.
      All the best

    • @anurag1290
      @anurag1290 3 года назад

      @@canadaprinfo thanks for your reply, even when I am in the job during express entry profile creation, I can show this as proof right? during the port of entry I will not be in job obviously

  • @mitulpanchal6100
    @mitulpanchal6100 2 года назад +1

    Hi, Thank you for the wonderful information.
    I have got the nomination and i am about to get ITA from express entry. I have query that, I have proof of funds in 3 different banks. So can I attach 3 different pdf as proof of fund or I can attach only one pdf which has all 3 bank proofs ? In case of SINP, I was able to attach different pdf for each FD and account. Please guide for the same. Thank you.

    • @canadaprinfo
      @canadaprinfo  2 года назад

      you can make an combine PDF for all banks. However I would recommend make a cover letter/ first page which describes funds in different account with bank account no and other details.
      overall, when reviewer will read your first page of POF , he or she should able to understand how much you have and what proofs you have included in this PDF. please provide summary of your POF that will help you.
      All the best

    • @mitulpanchal6100
      @mitulpanchal6100 2 года назад

      @@canadaprinfo Thank you.

  • @priteshpatel844
    @priteshpatel844 3 года назад +1

    how to get PF certificate mentioning that we need this for immigration purpose. Where to approach. Pl. elaborate

    • @canadaprinfo
      @canadaprinfo  3 года назад

      contact your regional PF office.
      you can check EPFO portal for pf details if you from india.

  • @spreethegr8
    @spreethegr8 10 месяцев назад

    @canadaprinfo Thank you sir for such a detailed video, I am in this SINP express entry process and received my ITA. One problem is I cannot get my bank to issue balance certificate but I do have balance and all other requirements that they mentioned. What Can I do should I mail IRCC asking some more time or mention this and provide my statements for six months, payslips and tax statements. To note: I send statements with payslips and tax statements for SINP PNP process and they accepted it not sure if IRCC will

  • @percenie29
    @percenie29 4 года назад +1

    Hi, thank you for the information. I would like to ask if do I need to provide the bank certificate before or after the invitation?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      bank certificate to be uploaded after in ITA in EE account along with other documents.

    • @percenie29
      @percenie29 4 года назад +1

      CANADA PR INFO thank you so much for your reply. Very much appreciated.

  • @ideaentertainment814
    @ideaentertainment814 4 года назад +2

    Nice video, I have a query about, if any PNP nominates you and then once u provide all the documentation to Province (proof of funds, employment proofs etc) does again you have to provide documents to federal after receiving nomination from Federal Express entry?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      Thank you for watching the video.
      yes, after receiving ITA from IRCC , you need to submit updated documents for proof of funds and employment proofs.

  • @ujai2812
    @ujai2812 4 года назад

    Can my maternal uncle make a complete required proof of funds money as a gift deed along with affidavit? What other documents will be required with respect to it ?

  • @rakshitachuri268
    @rakshitachuri268 4 года назад

    hello sir...very very well explained video..please answer my query..my husband is going to take money from his mother as gift deed..he lost his father 15 year back so can he take money from her as gift deed ?
    is alberta pnp accept gift deed??

  • @sharonturado9456
    @sharonturado9456 2 года назад +1

    I am principal applicant. Can I use Provident fund certificate named under my husband as proof of fund?

    • @canadaprinfo
      @canadaprinfo  2 года назад

      only if he is included in your application and your husband needs to give consent letter to use this fund for settlement in Canada.
      All the best

  • @abhishekjoshi4351
    @abhishekjoshi4351 3 года назад +1

    Can Joint account with my grandfather work as a proof of fund?

    • @canadaprinfo
      @canadaprinfo  3 года назад

      no it can not if they are not part your application.

  • @ogechierhiakeme1874
    @ogechierhiakeme1874 4 года назад +1

    Thanks for the informative video. can i use my pension account fund as part of my proof of fund

    • @canadaprinfo
      @canadaprinfo  4 года назад

      yes you can use it.
      you need to prove that this fund is withdrawable as per your convenience

  • @adetayoadelekan8003
    @adetayoadelekan8003 3 года назад +1

    If I can get my six months statement of my stock portfolio, which has maintained a value well above the required value for a single apppicant- can I still use shares/stocks?

    • @canadaprinfo
      @canadaprinfo  3 года назад

      as per sinp/IRCC it should display moving average of the stock for a month.
      usually they don't print it in the statement of the stock

  • @nivekaperera
    @nivekaperera 4 года назад +1

    Such an informative and helpful video... Thanx a million...
    Btw I'm planning to use EPF as my PoF for Express Entry . I'm from Sri Lanka and according to the EPF act it can be liquidated when terminating employment or upon leaving the country with Permanent Visa. Will it work?

    • @nivekaperera
      @nivekaperera 4 года назад +1

      I'm a little bit confused because I've seen everywhere that people say ur PoF should be liquidated at the point where I get the ITA.

    • @canadaprinfo
      @canadaprinfo  4 года назад +2

      yes it will work.
      mention the withdrawal condition clearly

    • @canadaprinfo
      @canadaprinfo  4 года назад +2

      no it is not true

    • @nivekaperera
      @nivekaperera 4 года назад

      @@canadaprinfo oh alright... Thank you so much

  • @mrjgroupahmedabad5108
    @mrjgroupahmedabad5108 3 года назад +1

    Hi pls guide. I have kept fund in my saving account but before 2 months I put it in FD. So how do i prove its more than 3 months old? It was already in saving account but I just made FD in September. So please guide how should I prove this?
    Thank you for the support pls.

    • @canadaprinfo
      @canadaprinfo  3 года назад +1

      you can include saving bank account statements and make a cover letter that explains this fund is in your account since last 3 months

    • @mrjgroupahmedabad5108
      @mrjgroupahmedabad5108 3 года назад

      @@canadaprinfo Thank you for your guidance

  • @ariyanchowdhury6519
    @ariyanchowdhury6519 4 года назад +1

    Very Useful video. I have a question. I received OINP interest letter on 26 August 2020. I applied with non-accompanying spouse. But we have joint FDR which is more than 1 year old. I don't have any other funds. How can I way around it? I mean if I open a new FDR in my own name only, it will be only few days old. Shall I show that I received that money from our old FDR? Does gift deed work for OINP?
    Thanks
    Foujia

    • @canadaprinfo
      @canadaprinfo  4 года назад

      I do not have much experience with OINP. so i do not know exactly that gift deed will work in the OINP or not so do not want to give false advise.
      However, gift deed is accepted for express entry.
      In addition, If your spouse is coming with you, you can count money that you have together in the joint account.
      Thank you.

  • @cruisejobsinfo5486
    @cruisejobsinfo5486 4 года назад +1

    very informative and detailed information to the point. one question if I donot have FD in my bank account but I have FDs in post office, can I use this as a proof of funds. please reply ASAP.

    • @canadaprinfo
      @canadaprinfo  4 года назад

      you can use it. but they may not issue the balance certificate in Canadian dollars or bank statement so it may be difficult for you.
      You can break it and transfer via cheque in your any bank account which can provide you letters as explained in the video.

    • @cruisejobsinfo5486
      @cruisejobsinfo5486 4 года назад

      @@canadaprinfo thanks for your quick response and professional advice.

    • @cruisejobsinfo5486
      @cruisejobsinfo5486 4 года назад

      one more question just popped up in my head. if I break and transfer the money in bank account through check, which sounds pretty fair. will it be justifiable and acceptable by immigration officer to convince it is 6 months old deposit as required.

    • @cruisejobsinfo5486
      @cruisejobsinfo5486 4 года назад

      also, could you please tell what all documents to attach in IRCC application online as supporting proofs if I break FDs from post office and transfer the money to a pvt bank which can issue me the letter in the required format.
      please confirm if this will be accepted by the immigration officer without any issues or concerns.

    • @cruisejobsinfo5486
      @cruisejobsinfo5486 4 года назад

      my email for templates purpose
      mangol69@yahoo.co.in

  • @utkarshvijayvargia4555
    @utkarshvijayvargia4555 3 года назад

    Hi,
    Thanks for the informative video.
    Request you to please answers my below queries
    1. Can I get the documents prepared/completed before even receiving an ITA so as to be ready with the documents then? I expect to get an ITA based on my CRS score.
    2. I have sufficient amount in PF. Will that document alone suffice the requirement or even then I need to show my saving bank account details & balance?

  • @sharminjahan6838
    @sharminjahan6838 4 года назад +1

    I want to show my PF. Im from bangladesh. In my country PF certificate issued by companies where we work. Everything is their but they don't provide any a/c number or UAN in certificate..They write it on their official letterhead with contact details and signed. Is it okay ?

    • @canadaprinfo
      @canadaprinfo  4 года назад +1

      yes you can follow your country procedure and submit the relevant documents.
      i have explained in the video for the candidates who are applying from India.
      Alll the best

    • @sharminjahan6838
      @sharminjahan6838 4 года назад

      @@canadaprinfo okay i ll.. Thank you so much for your reply

  • @Sohoj1991
    @Sohoj1991 4 года назад +1

    I have a problem sir.. I am a doctor and i deposited 50000tk per month back to back in the last 4 months. Besides, my father contributed 200000 tk in my account but the problem is... It was cash which was kept at home instead of bank.therefore he do not have any scope to show thd bank cheque.. What to do sir. Please help

    • @canadaprinfo
      @canadaprinfo  4 года назад

      you can try gift deed and prove that deposited money of your father.
      Direct cash deposits without proof may not be accepted.
      All the best

    • @Sohoj1991
      @Sohoj1991 4 года назад

      Is it okay,if I provide a gift deed with the bank acknoledgement slip

  • @gauravkandal
    @gauravkandal 4 года назад +1

    Internet Download Bank statement won't work, as I am showing all money in Saving account. or do I need to get Physical copy and the get it stamped as mentioned in Video

    • @canadaprinfo
      @canadaprinfo  4 года назад +1

      Thank you for watching the video. it is recommended that you should get past six months bank statements from your bank and take stamp and signature of bank officials on each page, to avoid any further verification or delay in your canada permanent residency file.
      As you are going to show POF in your savings account so you will go to a bank for balance certificate. right?
      so at the same time , you can request bank statements too.

    • @canadaprinfo
      @canadaprinfo  4 года назад +2

      when immigration officer checks your POF details and he has any doubts on it. he will put your file RR (Review Required) and this status will increase your processing time because more verification could be done by another officer.
      so , it is always recommend that you should give maximum details with verified documents from your side if you can.
      i hope it is clear now.

    • @gauravkandal
      @gauravkandal 4 года назад +1

      @@canadaprinfo Already received Balance certificate from Bank with Stamp, now I have to ask for Bank statement again Thanks for your help by the way.
      Just one suggestion you can attach Gift deed and consent letter format in description for people to download, who are looking for it just like me !!

    • @canadaprinfo
      @canadaprinfo  4 года назад

      yes, i have not added in the description but i told that if anyone wish to receive these templates , then they need to write their email id in the comment section , so i will share it within 24 hours.
      you can watch last five minutes of the video.
      Thank you for your suggestion.

    • @canadaprinfo
      @canadaprinfo  4 года назад +1

      All the best my friend

  • @anneem609
    @anneem609 4 года назад

    hi can i use only my husband bank account with his authorization letter for Our Prof of funds? I dnt have yet bank accout,my previews bank account already closed! I will open new bank account, its fine to use or safe to use for my POF? i will just put small money in that account?Im planning submmit my application by january .

  • @ogechierhiakeme1874
    @ogechierhiakeme1874 4 года назад +1

    can i also use my investment certificate eg forex as proof of fund?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      forex card can not be used as a POF

  • @kavyavasireddi3180
    @kavyavasireddi3180 4 года назад +1

    Can a 10Rs/- stamp paper suffice or it should be on atleast 20/- stamp paper?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      there is no fix rule but it is better to do on 50 or 100 rs stamp paper

  • @almeidasamson
    @almeidasamson 4 года назад +1

    Can I use my mutual funds statement for showing as proof of funds?
    As I can simply put in withdraw request and it will be in my bank the next day.

    • @canadaprinfo
      @canadaprinfo  4 года назад

      as explained in the video, you may use it but you may need last 6 months moving average details of that mutual fund. it may be difficult to get it.
      Moreover, it may be difficult to understand for the immigration officer to withdrawal rules of your country foe the mutual fund.
      so keep it simple to avoid any delay or further verification.
      So i advise that you should withdraw money from it you can do fixed deposit.

    • @almeidasamson
      @almeidasamson 4 года назад +1

      @@canadaprinfo Thanks for the prompt reply.
      1) When should I withdraw (liquidate) my Mutual Funds? Should I do it few days before submitting the application OR several months before?
      2) Can withdrawn money be kept in saving account or creating an FD is necessary?
      Thanks.

    • @canadaprinfo
      @canadaprinfo  4 года назад

      @@almeidasamson 1. you should liquidate it before at least six months prior to submit your Express Entry Application. You may need to present bank statements.
      2. you can keep in saving account too. you will more interest in FD so i suggested you.

  • @harshadkumarjadav8860
    @harshadkumarjadav8860 4 года назад +1

    I've seen this vedio but no where it has been discussed about aplicant's joint account acount with non-accompanying parents.

    • @canadaprinfo
      @canadaprinfo  4 года назад

      Thank you for watching the video. It is not allowed. you can show funds in your spouse joint account or individual account if she is accompanying with you.

    • @canadaprinfo
      @canadaprinfo  4 года назад

      i have covered all possible ways to show proof of funds. try to learn it it might help you.
      fell fre to ask any queries if you have.
      All the best
      Thank you.

  • @Nosheen-Tariq
    @Nosheen-Tariq 3 года назад +1

    Hi, if my husband take loan from bank and I am main applicant for SINP then is it OK??

  • @ShikhaDhawan321
    @ShikhaDhawan321 4 года назад

    Hi, can I get the multiple gifts like from mom, dad and brother at the same time ?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      yes multiple gift deeds will be required for the same

    • @ShikhaDhawan321
      @ShikhaDhawan321 4 года назад

      @@canadaprinfo thanks for replying !! But can it be a problem or raise a query and cause delay in PR ?

  • @pal9940
    @pal9940 4 года назад

    Hi, how can we show that i have access to my husband’s ban account? What documents are required? In our case i am PA and his bank has refused to accommodate in opening a joint account:/

    • @canadaprinfo
      @canadaprinfo  4 года назад

      as explained in the video, prepare the consent letter for the same.

  • @shoaib8
    @shoaib8 3 года назад +1

    My Average balance of past six months is less than the current balance. The reason is the change in family composition from 3 to 4, the increase in CAD value against INR and the recent increase in required funds by CIC. I have managed to add funds from my salary account to POF account.
    My current balance is 15.50 lacs more tham what is required 14.71 lacs.
    Suggestions pls

    • @canadaprinfo
      @canadaprinfo  3 года назад

      when your family composition change , you are required to maintain updated balance after that , not before past six months so it is ok.
      same is for the increase requirements of IRCC, once it will be changed you are supposed to add the new balance .
      Apart from that you have balance from past six months ,i believe that.
      I think it will be accepted.
      you have to update balance based on family composition or as per IRCC requirements , you have followed that steps, i think you are good to go.
      All the best

  • @sadwikandula1423
    @sadwikandula1423 4 года назад

    Can cash deposited by father into my account also be considered as a gift deed?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      you need gift deed and prove that this money comes from your father's account.
      it is better to take it via cheque and make a gift deed.

    • @sadwikandula1423
      @sadwikandula1423 4 года назад

      @@canadaprinfo I have a cash deposit in my account. Do I need to explain the source of this fund if I'm willing to show sufficient amount excluding this deposit? I've got my dad to transfer it from his bank account again the same amount since the cash gift deed might be a problem.

  • @manpreet0784
    @manpreet0784 4 года назад

    Really helpful. Thanks a lot. If anybody has used EPF as proof of funds, pls reply. Thanks

  • @minalpunjabi6043
    @minalpunjabi6043 4 года назад

    How to get epf certificate can u please tell that?

  • @pushkarsingh4529
    @pushkarsingh4529 4 года назад +1

    Thanks for the info brother, just a question, do i need to mention past six month average balance if i received the amount as gift from my parents ?

    • @canadaprinfo
      @canadaprinfo  4 года назад

      yes it is required or you can include last 6 months bank statements

  • @anusharma-zk7vo
    @anusharma-zk7vo 4 года назад

    Hi,
    I have submitted file with 82 points in SINP on 10/12/2020 and I have 4.5 lac in my a/c. and 5 lac my father will transfer in my a/c on 11th Dec. is it possible to complete three months before show my documents of proof of fund ? or any other option ? if it will not possible then may I joint a/c with my father ? plz reply ASAP if possible

    • @canadaprinfo
      @canadaprinfo  4 года назад

      if you have submitted your file then you cannot do anything.

  • @chiragpatel900
    @chiragpatel900 10 месяцев назад

    Send copy of epfo Ahmedabad certificate please

  • @sweetyvarghese96
    @sweetyvarghese96 4 года назад +1

    Gift deed from mom's real brother is okay?

    • @canadaprinfo
      @canadaprinfo  4 года назад +1

      Yes, It will work. As mentioned in the video, make notarized affidavit along with all supporting documents.
      All the Best.

    • @sweetyvarghese96
      @sweetyvarghese96 4 года назад +1

      Thank you so much!

    • @alollyshow
      @alollyshow Год назад

      Hi. Was this accepted ?

  • @EXANIX
    @EXANIX 4 года назад

    Hi everyone, do you have any information about gold. Can I buy gold and show the deal like proof of funds? I want to do it, because I invested in a bank account and the CEO of the bank was arrested by authorities, because our "imperator" wants more money and I have got back, because my rumors were more faster than other investors. Therefore, I want to buy more gold and bury it in a secret place. Or I can proof use cash?

    • @canadaprinfo
      @canadaprinfo  4 года назад +1

      no it is not allowed

    • @EXANIX
      @EXANIX 4 года назад

      @@canadaprinfo thanks

  • @patelsubhash82
    @patelsubhash82 4 года назад +1

    Thanks 👍👍👍

    • @canadaprinfo
      @canadaprinfo  4 года назад

      Thank you Subhash for your feedback.
      All the best.

  • @hardiknsatani6804
    @hardiknsatani6804 2 года назад

    send format Format of Balance Certificate| PF Letter| Gift Deed