Proof of funds for Canada Immigration | Sample formats and how to make a gift deed

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  • Опубліковано 5 січ 2025

КОМЕНТАРІ • 1,1 тис.

  • @Potatotalkies
    @Potatotalkies  5 років тому +18

    Link to book a slot: www.potatotalkies.com/book-online
    The helpline opens every Tuesday (Midnight) and closes when the slots are filled on a first come first served basis! We have a total of 10 slots / week. We can talk about anything directly related to your application or your interest in moving to Canada.

    • @saadaroosa738
      @saadaroosa738 4 роки тому +1

      Need suggestions I m unable to book slot

    • @aradhanas7947
      @aradhanas7947 4 роки тому

      Hi this is my first comment. Please do let me know what if we have homeloan and car loan?

    • @sahilbhatnagar7688
      @sahilbhatnagar7688 4 роки тому

      Hello Guys
      I have a question, what if my account is just one month old, i moved all my money to a new account recently?

    • @dipikasfantasyworld3371
      @dipikasfantasyworld3371 4 роки тому

      I m unable to book a slot to contact with you

    • @mrmrsjot
      @mrmrsjot 3 роки тому

      Sir I received invitation from Ontario. But I need letter of support from Ontario PR person along with his copy of permanent resident card , utility bill and driving license. What can I do now??

  • @Mrsuraj1993
    @Mrsuraj1993 4 роки тому +7

    You guys have no clue how easy you are making my life! After failures in past all that you need is a hope. You guys be the best!

    • @Potatotalkies
      @Potatotalkies  4 роки тому +2

      🤗😊

    • @parthpatel5785
      @parthpatel5785 Рік тому

      ​@@Potatotalkieswhat if My parents give me funds and it is 6 months old than gift deed is necessary ?

  • @zitadsouza8355
    @zitadsouza8355 4 роки тому +1

    You people are too good. The way you narrate the matters is commendable. Hats off to you.

  • @danishwaheed1366
    @danishwaheed1366 4 роки тому +20

    first time i watch the real immigrant story such a good information Sardar g and Sardarni bhabi love from Pakistan

    • @Potatotalkies
      @Potatotalkies  4 роки тому +1

      😃👍

    • @komalarora9749
      @komalarora9749 4 роки тому

      God bless u both❣️❣️

    • @freekhalistan429
      @freekhalistan429 3 роки тому

      @Singh everyone faces some difficulties in its life .

    • @freekhalistan429
      @freekhalistan429 3 роки тому

      @Singh khalistan is a name given by Sant Journail Singh Bhindrawale who raised the voice for Sikhs community to open our eyes which were misguided by HIndus Who did not fulfill the promise of Sikh Land at the time of Partition so Khalsa Raj is a real punjab.Read Dasam Granth says Sikhs do not belong to Hinduism .we are separate Nation.

  • @Syedsakibvlogs
    @Syedsakibvlogs 4 роки тому +2

    You two are such a good human beings for helping so many people like us by making such informative videos like all of your videos, beings your viewer is gem, May God bless you both bhaiya and bhabi, lots of love from Dhaka, Bangladesh

  • @paragkotekar1763
    @paragkotekar1763 4 роки тому +3

    Watching most you videos.... You are started to feel like a family

  • @spottedhell
    @spottedhell 4 роки тому

    You don't necessarily need the letter from your bank you can get the copy of your passbook showing entries for 6 months first and last page attested by the bank...

  • @shivakumarkulla1285
    @shivakumarkulla1285 4 роки тому +3

    Satsriakal,
    If I see you guys on screen,my heart feels so happy
    God bless you

  • @KoolnalSingh
    @KoolnalSingh 4 роки тому +4

    First of all i wanted to convey my best regards to both of you for this great initiative of supporting people.
    Its a bitter truth that Agents make aspirants so much fool and their only motive is to make money from them.
    Keep up the good work guys.!
    Waheguru meher kare.

    • @Potatotalkies
      @Potatotalkies  4 роки тому

      Thank you 🙏💕

    • @sukhsekhon5419
      @sukhsekhon5419 3 роки тому

      @@Potatotalkies sir, 3months old funds chal jayenge ya nhi

    • @sainiranjan40
      @sainiranjan40 3 роки тому

      @@sukhsekhon5419 No, minimum 4 months

    • @parthpatel5785
      @parthpatel5785 Рік тому

      ​@@Potatotalkieswhat if My parents give me funds and it is 6 months old than gift deed is necessary ?

  • @avrojyotibarua4546
    @avrojyotibarua4546 4 роки тому +3

    You guys are awesome. 👌Evertime I watch your video and get motivated. Actually we are in EE entry pool with 458 crs, waiting for our ITA(which is seems to be impossible😢)

  • @viveksingh-nt3po
    @viveksingh-nt3po 4 роки тому +1

    Great work guys!! Truly commendable. The documents attached in the description is really very helpful. Guys just go for it. Thanks again!! God bless you.

  • @davinderkumardutt2421
    @davinderkumardutt2421 4 роки тому +8

    Hi Potato Talkies, big salute to both you, the way you explain is commendable always. I mean every thing is beyond the details that no other channel explains.
    But my concern is about the job offer. As you said in the video that till now you have not received any job offer or letter. So basically what is the reason.? Like in every Canada program IRCC they ask for the offer letter but no company is ready to give any job. I by myself trying for this since 2 months, but no response. So till the date my big query is that how to get job or job offer? Hence I wish and request you to search on it while reaching Canada, so at least we can come at point that shall we get job offer or not?
    God bless you both, wishing you a great success ahead. Thanks

    • @Potatotalkies
      @Potatotalkies  4 роки тому

      Thank you so much 😀
      We will definitely discuss when and how we get a job in Canada in our coming videos 👍

    • @parthpatel5785
      @parthpatel5785 Рік тому

      ​@@Potatotalkieswhat if My parents give me funds and it is 6 months old than gift deed is necessary ?

  • @minalnarula9880
    @minalnarula9880 4 роки тому +1

    In a very simple way explain any topic both of you I really like and this is really helpful for me

    • @brightjohnson6301
      @brightjohnson6301 4 роки тому

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  • @mubeenahmadmukri1111
    @mubeenahmadmukri1111 4 роки тому +1

    Money controller hubby 😍, nice to watch covering all points. Thanks.

  • @sanchaliful
    @sanchaliful 4 роки тому +4

    Thank you for explaining things in such a detailed manner. I recently started watching your videos because we'd like to move to Canada in future. You both seem really honest and candid about life in Canada. I have a question- do you have any idea when the express entry will stop? I wish you both good luck and all the success.

  • @gmrasel7297
    @gmrasel7297 4 роки тому

    Exactly i am loooking for. Thanks a bunch, the dearest coupe i ve ever seen. I alwys follow u guy for long time :)

  • @varunasingh3941
    @varunasingh3941 4 роки тому

    You guys are really superb easily understandable information keep up the good work and provide more and more information to aspiring people otherwise not even a single person guide a person through this journey

  • @IndicNomad
    @IndicNomad 3 роки тому

    I diligently follow your videos..Always informative and a lot of effort you guys put in these..Appreciate it

  • @anushreesubramaniam8109
    @anushreesubramaniam8109 Рік тому

    Thank you so much for this video, you guys have really made it so much easier for us! Just wanted to ask if the Gift Deed we make also needs to be signed by a witness since the format has mentioned a witness.

  • @rekharastogi9068
    @rekharastogi9068 4 роки тому +1

    You guys are amazing and providing straight message to everyone!

    • @Potatotalkies
      @Potatotalkies  4 роки тому +1

      Thank you 🙏💕

    • @rekharastogi9068
      @rekharastogi9068 4 роки тому

      Potato Talkies you know , I’ve never seen any channel who is giving such a crystal clear information to listeners. I’m amazed to receive useful information about Canada PR. All the best to you guys !!

  • @aquahumans4578
    @aquahumans4578 4 роки тому

    Both of u guys r cool in every video u guys have explained everything properly.. very informative video.
    Thank you.

  • @learningsolution5531
    @learningsolution5531 4 роки тому +1

    Very good guys superb on your part nobody tells this very aspect

  • @ViralMemesPak
    @ViralMemesPak 10 місяців тому

    Hi, you have mentioned the account number after standing to the credit of my acc num should be the applicant's account, however I believe here should be the account number of the donor. Can you please clarify on it. As this can impact many people's applications. Thanks.

  • @sukanyasarkar3650
    @sukanyasarkar3650 4 роки тому

    May god bless you two and your family and close ones

  • @maggi21261
    @maggi21261 4 роки тому

    You guys are doing such a wonderful job. I like your videos. They are simple to understand and the explanation given is to the point.
    Thank-you.

  • @sandipniroula4064
    @sandipniroula4064 3 роки тому

    Hi, what is the Requirements of Proof of funds for sinp/Eoi health care workers pool?

  • @sachinbhatt7031
    @sachinbhatt7031 3 роки тому +1

    A small post AOR question - I showed all the money in my wife's accout she being the secondary applicant with all the necessary formalities. But we forgot to submit the consent letter stating I (primary applicant) have complete acsess to the funds...will this cause problem ? If yes what can be done now?

  • @snow9359
    @snow9359 2 роки тому

    Hi, I have a question about POF exemption.
    *Who does not need proof of funds
    You don’t need to show that you have enough money to support yourself and your family if
    -you’re applying under the Canadian Experience Class or
    -you’re authorized to work in Canada and you have a valid job offer, even if you apply under the Federal Skilled Worker Program or the Federal Skilled Trades Program.*
    What does this AND signifies in the second point? I have a job offer at the moment but I am not authorized to work in Canada. After receiving an ITA, do I need to show POF?
    Thank you

  • @ayusharjyal8677
    @ayusharjyal8677 4 роки тому +1

    Thank you for the explanation. However, the gift deed sample contains "standing to the credit of my account number". And, you have stated that its the receiver's account but "my" denotes the father or the donor in the statement. So, if you could clarify the issue, it would be very helpful.

    • @lubnaahmed4909
      @lubnaahmed4909 4 роки тому

      My question too.waiting for your reply

  • @srivarshini179
    @srivarshini179 4 роки тому +2

    Thank you so much for this video :) Got a lot of info .Great job. Keep posting informative videos.

  • @sikandernarula8877
    @sikandernarula8877 3 роки тому +1

    Did you attach both these letters?

  • @jilankazi7326
    @jilankazi7326 4 роки тому +1

    Mujhe lagta hai aap bhoth aage jaoge ,log aapko bht like karenge superb ❤️

  • @nancyarora3717
    @nancyarora3717 Рік тому

    Ma’am could you please share me the format for self declaration to access funds to our primary applicant

  • @nehathadani8118
    @nehathadani8118 Рік тому

    Hi what if the bank is not able to provide the 6 monthly average balance? What to do then?

  • @minhzikm1
    @minhzikm1 3 роки тому

    what does the "Closing Hours" represents ? Does it mean the time of closing the account ?

  • @shreyasullal5698
    @shreyasullal5698 4 роки тому +1

    Amazing video, you guys are really helping a lot of people

  • @smarthsharma6625
    @smarthsharma6625 4 роки тому

    Please update Stock Investment is not admissible as POF

  • @pal9940
    @pal9940 4 роки тому

    Hi, we are in such a dilemma and do not understand what exactly do we have to show that i have access to my husband’s bank account? As in what documents are required? In our case i am PA and his bank does not accommodate joint accounts :/.

  • @reshminair3354
    @reshminair3354 2 роки тому

    Would love your help...are bank statements of 6 months mandatory even if we are showing the bank letter?

  • @anmolmalik7210
    @anmolmalik7210 Рік тому

    What will be the criteria for bonds acceptance and stocks?

  • @tanujaravikumar6256
    @tanujaravikumar6256 3 роки тому

    I wanted to know if you attached bank statements for the last six months.

  • @jasrajcanada
    @jasrajcanada 4 роки тому +1

    Sir mam ma Canada jana study base te te ITRs ni par de assi je assi property bech ke fee par diya.Fr Visa refuse ta ni hou.Ja proof of fund ta ni show krna pena???

  • @muhammadwasif5872
    @muhammadwasif5872 Рік тому

    Can't we use current account statement instead of saving or deposit account?

  • @ankitdahal9607
    @ankitdahal9607 2 роки тому

    sir do i have to show in a commercial bank or can also have in a finance limited.?

  • @aimakhan252
    @aimakhan252 3 роки тому

    what if doner is in other country, how to get his her signs on stamp ppaer

  • @kapilbhutani686
    @kapilbhutani686 4 роки тому

    Sir if funds is on wife's name(secondary applicant),the letter of authority(as mentioned in time frame of 8:34 minutes ) would be on simply white paper or stamp paper ??any formate for the same please??

  • @rizkahardy7617
    @rizkahardy7617 3 роки тому

    Would you please be kind enough to provide the format of the bank letter for fixed deposit so that it is in a printable format.

  • @Omjaiguruji
    @Omjaiguruji 2 роки тому

    Hi please advise..can I access the funds in my wife's savings account through an authorization letter in my favor by her as I am the primary applicant as proof of funds?

  • @vijetasingh3744
    @vijetasingh3744 4 роки тому +1

    Thank you guys! Really helpful I’m glued to your video for more content

  • @akankshanagar5054
    @akankshanagar5054 Рік тому

    Hi. Is gift deed not accepted as a POF in Human capital resiurce stream for OINP??

  • @sarumadhavan7189
    @sarumadhavan7189 2 роки тому

    Should we want to submit Bank statement for Every transaction made for last six months?

  • @devshrirc9655
    @devshrirc9655 Рік тому

    Is there any need of that where we taking gift that person have to show fund from 6 month or that doesn’t matter

  • @mayankmayankmatta
    @mayankmayankmatta 4 роки тому +2

    We have accounts in the same bank! Icici Meera bagh! i'm going there this week to get my statements and stuff.

  • @azharuddinahmed6158
    @azharuddinahmed6158 4 роки тому

    Amazing! Potato Couples are just awesome.
    Just, needed an explaining. If someone is having a personal loan whose EMI is been deducted, say from Bank A and as mentioned the Bank letter should not mention of any any debt of an individual.
    So, can I open a new Bank account (say Bank B) and show proof of funds of last six months from Bank B account. Additionally, can they still trace whether if any personal loan or any other loans are running in the individual name after showing Bank statement from Bank B?
    Please clarify us on this point. Thanks

  • @HarrisBaig
    @HarrisBaig 4 роки тому

    what if the account type is Current account not saving account??

  • @stateofmyned
    @stateofmyned 4 роки тому

    Hello , I’ve been to HDFC for bank letter they provided me with a balance certificate and it doesn’t mention the 6 month balance table and conversion into CAD instead they wrote with pen and stamped. Does it work ??

  • @sugar3030
    @sugar3030 7 місяців тому

    Hi for 6 month average balance what did you use please if you can help average balance of month or the date on which letter made please reply would be grateful

  • @premnathdaram2929
    @premnathdaram2929 3 роки тому

    Really a good information..thank you very much both couple..👍🙏

  • @PrateekMotwani
    @PrateekMotwani 2 роки тому

    You told initially that u will tell us in the end that what to do if the funds are not of 6 months old but u didn't told ?

  • @whatsyourstory2105
    @whatsyourstory2105 4 роки тому

    What I am confused is that.. we need to submit only Bank letter ? We don't need to send any bank statement (debit credit transactions) history for 6months ?

  • @gagankhela7769
    @gagankhela7769 2 роки тому

    Hello sir/mam..i find your videos helpful. I got ITA from Saskatchewan. I need your help for settlement plan. When I open living in Canada tool as the OASIS portal tells to use this tool for generation of settlement plan. But, I do not get the plan. Please make a video on this topic

  • @manijad5220
    @manijad5220 4 роки тому

    Can we show amount in the checking account as proof of funds. Generally banks in USA open a checking and savings and I always have amount only in my checking account where even my salary check would deposit. Thanks.

  • @Moneyyfreedom
    @Moneyyfreedom 4 роки тому

    Need help.. have got the ITA and but confused about the proof of fund. My Avg monthly bal is good for past 3 months and I have min required money from past 1 month in my Acc. But initially 3 month Avg bal was not that good. Should I submit ITA in next 10-15 days or should I wait ?

  • @rashijoshi9106
    @rashijoshi9106 2 роки тому

    i have a question ?
    i am going to show my funds in a form of gift deed from my father. So in this case do i have to get the letter from my bank also along with the gift deed document ?

  • @parminderarora2612
    @parminderarora2612 4 роки тому +1

    Hello
    Thanks for sharing all the info with us, you have been one who has always kept me motivated. Thanks a lot for helping us.🙏
    I have a small question, me and my spouse are not primary account as joint account. He transferred amount to my account which we are showing as one for pof, do i need to get a gift deed for any such transactions or i can explain it in LOE.
    2. Also do i need to show his source for such fund, he got that amount from his brother, so i suppose we need 1 gift deed which he got from his brother??
    Thanks for help

    • @Potatotalkies
      @Potatotalkies  4 роки тому

      The transactions are complicated... so I will suggest to show all the gift deeds... brother to hisband and then to you.

  • @missy6361
    @missy6361 4 роки тому

    Hello, I have a savings account to which I divert funds from my salary account. Do I need to show that funds from my salary account are diverted to my savings account? And what letters do I need to give. Pls help 🙏

  • @pampasaha6079
    @pampasaha6079 4 роки тому +1

    nice couple,nice information,nicely explained..
    good luck both of you.

  • @tosifdiwan4838
    @tosifdiwan4838 3 роки тому +1

    Thanks and Love you Both ❤️
    shastriya kaal ❤️

  • @ParminderSingh-kk5dh
    @ParminderSingh-kk5dh 4 роки тому

    Sir, if its necessary Dat whole(100%) amount should not be from gift deed as gift deed should be upto just 60% of funds and the rest of amount should be shown in savings account..

  • @parampreetsingh16
    @parampreetsingh16 4 роки тому

    my bank account representatives are not willing to mention that "no loan/credit card" disclaimer in my balance certificate, as it's not a part of their standard format.
    I dont have any debts or loans anyway, what should i do ?
    Should i prepare an affidavit or mention it in LOE ?

  • @nadzab8895
    @nadzab8895 4 роки тому

    Does the type of account matter, for example say the pof is in a time deposits account that allows to withdraw the money on a fixed date of every month.. is this acceptable or not?

  • @vaizghani6710
    @vaizghani6710 3 роки тому

    What if FDs are jointly held between me and my parent

  • @ZorianDelaCosta
    @ZorianDelaCosta 4 роки тому

    Thanks guys. I have an account in icici as well and my home branch has straight up refused to give me this letter. All they have is a balance certificate which states account balance (in INR) in my savings account on that particular date and 6 month's statement. What should I do?

  • @vineetharavindakshan4485
    @vineetharavindakshan4485 4 роки тому +1

    Thanks for the information.. I have a he loan. Should I close it before I travel??

  • @junaidbigboss
    @junaidbigboss 3 роки тому

    Kindly explain if someone has investment in Mutual funds.

  • @89sumitkumar
    @89sumitkumar 4 роки тому +1

    One question regarding the letter from bank what do they check outstanding loan or credit card due from CIBIL or only there own bank any due is there or not

  • @IdRamesh
    @IdRamesh 4 роки тому +1

    It is good video, pls do it in English , so that all will get benefits.so that all will support and encourage your channel.

  • @GurmeetSingh-ol6uj
    @GurmeetSingh-ol6uj 3 роки тому

    Veer g
    Does post office Fixed deposit show in POF??
    Kindly guide..

  • @rohitkotecha5529
    @rohitkotecha5529 3 роки тому +1

    Should this gift deed money should be credited in applicants account n account statement should be attached of applicant or just balance certiticate is enough?

  • @13traders98
    @13traders98 4 роки тому +1

    If the funds in my bank savings account are less than 6 months old, will they still be sufficient to qualify as proof of funds.
    (to clarify the amount is more than that required by ircc but has not been in my account for more than 3 months)
    Additionally I don't think gift deed would be possible since my bank statement would clearly show that the money is from my salary and redemption of my mutual fund.
    Please help!

  • @vipinkoul9129
    @vipinkoul9129 4 роки тому

    Can we show POF as gift received from oversea sister? If so, what would be affidivat format? Does it need from Oversea?

  • @shoaib8
    @shoaib8 3 роки тому

    Hi dear,
    my average balance is less than the current balance. reason change in family composition, increasing CAD value against INR and increase in CIC funds requirements in July 2021. my avg Bal of past six months is 14 lacs and current is 15.5 lacs. as per todays rate it should be 14.70 lacs. suggestions pls

  • @amritrai3336
    @amritrai3336 3 роки тому +1

    Hi Guys!,
    Thanks for all the great content and advice. I have one question regarding POF though. Most of my savings are in Mutual Funds. So if I get an ITA, should I liquidate my money from the mutual funds or should I liquidate them when I am making my Express entry profile(In case of PNP where funds should be 3 months old)? Also, what documents do I need to add with my POF to show that all the money liquidated is mine? I am sorry if this is a very stupid question but I was not able find the answer anywhere.

  • @vanshpuri420
    @vanshpuri420 3 роки тому

    Can we go joint account for know person for showing funds if yes then when I get this certificate then other people say i don’t have any issues or etc.. plz tell 🙏🏻

  • @akashsamanta
    @akashsamanta 2 роки тому

    Your videos are really informative. Please let me know, how can I show mutual funds as proof of funds for SOWP application.

  • @priteshpatil6471
    @priteshpatil6471 3 роки тому

    The system currently asks all applicants to provide a proof of funds document. If you don't need to provide proof of funds, you must upload a letter explaining either that you have been invited to apply under the Canadian Experience Class, or that you have a valid job offer.
    Yo don't need to show proof of funds
    You can attach your income proof

  • @artichauhan2248
    @artichauhan2248 3 роки тому

    Very helpful & informative vedio 👍🏻thank you so much for this information .

  • @muditbadiyani5741
    @muditbadiyani5741 3 роки тому

    Hi. Thank you for the great video. One quick question pls - Considering that the funds maintained in a normal savings account are not repatriable, do we need to maintain the funds in an NRE/NRO account?

  • @priyankasingh9852
    @priyankasingh9852 3 роки тому

    What if you have bank account in 3 different banks. Do we need to get proof of funds from all the banks?

  • @MONUDKING
    @MONUDKING 4 роки тому

    What about Recurring Deposit - RD, is that allowed in proof of funds. Mine is in ICICI

  • @deepgeny1
    @deepgeny1 4 роки тому +1

    Sir if we have multiple bank accounts with different banks, then shall we need letter from each bank?

  • @poleboinashamili238
    @poleboinashamili238 2 роки тому

    Hello guys,
    Had a query related to CA report.
    Can we include jwellery in the CA evaluation report?

  • @kiransandhu6023
    @kiransandhu6023 8 місяців тому

    Hi , i have a question regarding fund section that i had maintained my funds from oct 26(from which half of amount had received from my fathers account) and now i have received my ITA .I want to confirm that should i need to attach any additional document like gift deed etc or not? pls rply...Thanks in advance🙂

  • @nexa3269
    @nexa3269 4 роки тому

    hello, just a query! since the ITA is taking to long(CRS 468), I have the funds in debt funds and can be liquidated within 1 business day.. do i need to liquidate the funds n put them in savings/FD for POF???

  • @asankaromesh5598
    @asankaromesh5598 4 роки тому

    Hi can you please tell how long (months) we won't to keep money in our banks account to show proof of found before get PR CANADA AIPP PROGRAM

  • @dushyantdubey879
    @dushyantdubey879 3 роки тому

    I got confused at 1 point... You mentioned like get the statement that there is not debt/outstanding/loan open with this branch... So does that mean if we have Home Loan with some other bank or branch then we should mention that or not? I have one home loan so do I have to close that home loan first? Or I just need to mention that home loan along with POF

  • @akshaysood1569
    @akshaysood1569 4 роки тому

    Do I need to get the first letter you displayed (6 month average balance) from bank if my entire savings are in fixed deposits?

  • @clytalobo6833
    @clytalobo6833 3 роки тому

    Unable to book slots.

  • @nikhithavuppula5684
    @nikhithavuppula5684 4 роки тому

    What if I have an existing bank loan or property loan?

  • @shanepunjab3954
    @shanepunjab3954 3 роки тому

    Sir in case of gift deed, how much older the funds should be, should i show after ITR, as m applying through express entry