💰Don't have enough money for Proof of Funds ? Bank letter Format Express Entry 2018

Sdílet
Vložit
  • čas přidán 19. 05. 2018
  • This video will help you with proof of funds for Express Entry 2018 for Canada PR.
    You would get to know what should you do if you don't have enough money to show Proof of Funds: 1) Gift Deed 2) Bank Loan.
    Also get to know the for mat of Bank letter which is a must for Proof of funds.
    Video for detailed information on Proof of Funds: • 💰 Proof of funds for E...
    ~-~~-~~~-~~-~
    Video guide to the Step by Step Process for Canada PR ( Express Entry 2018)"
    • 🇨🇦 Canada PR Step by S...
    ~-~~-~~~-~~-~

Komentáře • 567

  • @himanichoudhary7756
    @himanichoudhary7756 Před 6 lety +35

    Thanks a lot sir, I hv seen a lot of videos on u tube regarding immigration but so far I didn't find one such video which is so much clear, precise , simple and understandable.. I watch all ur videos because we r striving for immigration to Canada. Earlier I tried getting all the possible information from so many other u tube channels but, anyhow, I was not contented, I always wanted to have a second openion to confirm the facts given. Like here u hv shown each n every document required including the deed letter , affidavit etc. Also I never had such a clear understanding of this immigration process through other u tube tutorials. I must say u r doing a great great job. I hv no words of thanks for making things so clear n understandable for a layman .

    • @DreamAbroad1
      @DreamAbroad1  Před 6 lety

      Thanks a lot for your kind words :)

    • @ved9522
      @ved9522 Před 5 lety

      I m struggling too to go there....but everytime rejected, but learnt a lot now...

    • @hassanhaider110haider6
      @hassanhaider110haider6 Před 5 lety

      @@DreamAbroad1 please guide me I have required amount but it is deposit in bank can I show it for prove of fund?

  • @aarthishanmugasundaram679

    This video is in a very layman's term where a person who has got no clue can understand the concept. Hats off!!

  • @swarupdas8043
    @swarupdas8043 Před 6 lety +8

    It was so much explanatory and helpful. Thanks a lot man.

  • @sudhirshukla8279
    @sudhirshukla8279 Před 6 lety

    Your videos cover all aspects required. Thank you

  • @lokeshmaradani6377
    @lokeshmaradani6377 Před 5 lety

    Dream abroad videos are really helpful for Canada immigration. The information provided in the videos is crystal clear. It would be more helpful for us if you share a link of those letter formats and gift deed formats in Google docs or Google drive.

  • @nurjahanpatowary5579
    @nurjahanpatowary5579 Před 6 lety +27

    You are doing good job. Many consultant firm take many many amount of money and they are also fraud. I think u deserve to a great fund. But you are doing this free. You have a great heart. Thank you so much for making success immigrate video. Bye.

    • @DreamAbroad1
      @DreamAbroad1  Před 6 lety +3

      Thansk a lot for your kind words :)

    • @nurjahanpatowary5579
      @nurjahanpatowary5579 Před 6 lety

      Dream Abroad I want to ask you something if u don't mind. First of all I would like to say sorry plz don't mind. I want to talk with u its very urgent. Can u give me ur number or email or fb I'd anything else. Of course I will give u money for that. Take it normal don't mind. U r making it free its very good. But I need some information that's why I want to talk with u personally if u don't mind OK. Sorry again. If u have free time then I want to hire you for consult me first to last stage. Don't mind bro. U r making free videos and its very helpful for all peoples. I want to some guidelines from u that's why I want to pay u. Sorry bro.

    • @anitube111
      @anitube111 Před 6 lety

      Absolutely .. you are doing a great job my friend . God Bless you .

    • @DreamAbroad1
      @DreamAbroad1  Před 6 lety +2

      Comeon buddy you don't need to say sorry for anything. I want to help you but cannot provide the contact details even for money as I am not into paid consulting. Please comment in any of the videos or in my channel's community discussion, I would be more than happy to help.

  • @krishnaiyengar5583
    @krishnaiyengar5583 Před 5 lety

    Thank you very much for making such video. These videos are really help full and you have made things easy. Awesome Work.

  • @srujanpaulk8682
    @srujanpaulk8682 Před 5 lety

    Thanks Sir really really big help you are doing by making the informative videos . Please make more like these. God bless you abundantly 🙏

  • @rahulkripalsingh3444
    @rahulkripalsingh3444 Před 4 lety

    Awesome. Thank you so much, solved my query related to the bank loan.

  • @zitadsouza8355
    @zitadsouza8355 Před 4 lety

    This video was quite informative. Thanks and God bless you

  • @sadahahmed4536
    @sadahahmed4536 Před 3 lety

    Thank you man for making this video. I appreciate it

  • @sreekk859
    @sreekk859 Před 5 lety +3

    You're doing a phenomenal job my friend. You're videos are pretty clear and concise. I have a couple of questions.
    #1 Is it mandatory that I should maintain the funds in my account at the time of ITA profile creation or I need to worry about it only after getting the invite?
    #2 Also I need to know if I can get gift deeds from non-relatives just at the time of document submission (the fund will not be in my account for the last six months)
    I appreciate your time

  • @parveenkhan1821
    @parveenkhan1821 Před 4 lety

    Sir explanation is very good and clear.Thank you.

  • @blackshadow6145
    @blackshadow6145 Před 5 lety +1

    very impressive videos after which i have learned too much information. thanks a lot sir .......

  • @techsavy6077
    @techsavy6077 Před 4 lety

    You do great job brother! Keep it up🙏

  • @alaa88888
    @alaa88888 Před 5 lety

    Ur channel is awsome, consices usefull, to the point, very clear and easy to understand.. thank you so much 💗🙏💎

  • @rooh.ulamin
    @rooh.ulamin Před 3 lety +1

    Thank you so much brother. I would like to know what is this "Letter" that you have mentioned besides Gift deed on an affidavit and LOE.

  • @skaatemple
    @skaatemple Před 6 lety

    Excellent video..very informative and helpful.

  • @nikuzeadrienne4138
    @nikuzeadrienne4138 Před 5 lety

    Thank you so much for providing such valuable information!! You videos have and continue to be of tremendous help!
    Have a request, could you please share the word document of the gift deed, affidavit and letter of explanation formats? Thanks in advance

  • @umunnaolaedonodebechukwu4466

    Your videos are so helpful to me. Thank you very much

  • @liveandletotherslive.5458

    Thank you so much bro. I appreciate your guidance and support. I m planning to immigrate to Canada after 1year but preparing myself to collect that amount.

  • @willactnow13
    @willactnow13 Před 5 lety

    You are doing a great job. Keep it up

  • @sidhumosseale3352
    @sidhumosseale3352 Před 4 lety +2

    Thanks for sharing such important information, it covered my all queries. bt still i have one question that how old money/funds should have in my account at time of applying visa

  • @bronsonantony8311
    @bronsonantony8311 Před 6 lety

    That was a lot of info.Thanks brother.

  • @MissFelzy
    @MissFelzy Před 5 lety +1

    So much information iv learnt from it

  • @sebastianuzoh7346
    @sebastianuzoh7346 Před 5 lety

    You are doing a very good job my friend. It looks like you made these videos for your compatriots but you will be amassed to know it benefits others globally. Please I need one big favor from you. It is possible to have these docs you mention here in format where we can see it very well, such as word or PDF. Personally I am finding it difficult to read them. Thanks and continue with the good work...

  • @demesdage7352
    @demesdage7352 Před 5 lety

    Excellent video. thank you so much.

  • @mahathij.s1277
    @mahathij.s1277 Před 5 lety

    Thank you so much for such an informative video, many consultancies take a huge amount to give away such info, sometimes even for basic info but you give a lot of information with no cost. You are really doing a great job.
    This video helped me in understanding "gift deed" better. I have a question regarding proof of funds, do we need this money to be in our account before we create our profile for ITA? I'm in profile creation stage and i don't have enough funds so I don't know if i have to go ahead.

  • @DeepakChhabra21
    @DeepakChhabra21 Před 6 lety

    Good job mate!

  • @MsSulochana
    @MsSulochana Před 5 lety

    Hello Bro, thank you so much for uploading these videos they are v helpful. Plz make a video on Wat to do once we arrive in Canada ??

  • @dew-xp5kr
    @dew-xp5kr Před 6 lety

    Really helpful. Thank you, sir.

  • @varghesejoevj
    @varghesejoevj Před 5 lety

    Very precise and helpful

  • @riteshkalvellu9996
    @riteshkalvellu9996 Před 5 lety

    Hey! You are doing a great job your videos are very helpful. I want to know if you need to show funds in a block account or showing it in your normal bank account with your respective bank would do?

  • @veervirat5270
    @veervirat5270 Před 6 lety

    Quite informative. ..thanks 4 d worthy suggestions

  • @VinitZunjarrao
    @VinitZunjarrao Před 5 lety +2

    Hi Shitanshu,
    I loved your video. It's very detailed and descriptive. I've been following the channel for almost a year now and wish to understand what you meant by visa submission in this video. Is it referring to application or stamping?
    Also let me know what are the paradigms when you are getting the money as gift deed. How long ago should the gift deed be signed? How many months shall the amount be in the account?

  • @munafansari9394
    @munafansari9394 Před 6 lety

    Thanks a lot, very informative

  • @shaihussain1029
    @shaihussain1029 Před 5 lety

    Thnks for giving such neccessary information

  • @pragyaanand3007
    @pragyaanand3007 Před 3 lety

    Hey, great video on the content covered. I have a question - if my savings account is in a private bank and my funds are all in post office savings FDs. The post office is refusing to provide me the bank letter in the prescribed format. What do you suggest I should do ?
    Should I rather go for a gift deed from my father ?

  • @ravishrana3576
    @ravishrana3576 Před 4 lety +1

    @Dream Abroad Thanks for clarifying the concept of gift deed and loan from bank for POF.. Can you please tell me about a scenario where first applicant will be receiving the money through gift deed and second applicant is having a running car loan and and an overdraft which is secured by provident fund value more than the overdraft.

  • @lezliederek
    @lezliederek Před 5 lety

    @Dream Abroad.. Your videos are very helpful. Thanks alot. I have a question.
    If the funds are coming from selling a property of my parents then do I need to mention that it was my share of the property or it will be counted as a gift? if yes then is it required to explain where these funds came from the gift giver side? Thank you so much for your help :)

  • @ssharma6114
    @ssharma6114 Před 5 lety

    Thanku so much sir. Really helpful

  • @thedeadboy619
    @thedeadboy619 Před 5 lety +1

    Thanks! Very useful. What if I get money transferred to my account gradually from my friends and family? Will I still need the gift deed? I mean how would the Canadian officers know?

  • @EyitayoAnsaEtim
    @EyitayoAnsaEtim Před 5 lety

    Thanks for the video. Can the gift deed be from other family members like uncles or friends?

  • @advocateh.khundal9378
    @advocateh.khundal9378 Před 6 lety

    Very helpful sir

  • @Truthtvsrilanka
    @Truthtvsrilanka Před 5 lety

    your videos are amazing but the formats I want to know from where you got them and if they r accurate and if I can use them without fear

  • @Moltenlauva9
    @Moltenlauva9 Před 5 lety

    hi bro, you are doing an excellent job by giving us the information.thank you. Do we need to have a transaction through cheque to be mentioned in the gift deed or can we deposit the cash by ourselves.really confused.please help

  • @quicksand000
    @quicksand000 Před 5 lety

    Hi, Thanks a lot for this very informative video. I have a question about the legal documents. Do I need both a gift deed and an affidavit? Since both prove that money has been given without anything in return. The affidavit may specify that the money has been gifted. Thanks for you reply.

  • @austinogbata1079
    @austinogbata1079 Před 3 lety

    Great video

  • @noorenkhan2355
    @noorenkhan2355 Před 5 lety

    Very valuable.

  • @simonmasih100
    @simonmasih100 Před 5 lety

    Hi great info brother.
    Apart i just wanted to ask you if someone has a bank loan what would you suggest in that case!

  • @chaitanyapandya5551
    @chaitanyapandya5551 Před 5 lety

    Helpful n useful nice sir

  • @avikhush1717
    @avikhush1717 Před 5 lety

    Very helpful vedio sir

  • @syedzafferullah
    @syedzafferullah Před 5 lety

    Thanks for your videos! I Have a quick question
    For a gift deed, does it matter if the money is deposited by a single cheque or many cheques?, which is better?
    Also, will it be a problem with IT authorities for depositing large sum of money as a gift deed?
    appreciate your reply!

  • @jagann4813
    @jagann4813 Před 5 lety

    hi.. first of all ur videos r such a gr8 help in appplying for PR !! hats off..! jus a small query.. does the gift deed letter and gift affidavit need to be attested by a notary public ? kindly help me out !

  • @rehanperera2390
    @rehanperera2390 Před 5 lety

    Thanks a lot for Info and one thing to clarify, if
    If the applicant having on going loans at the time of application submission which he has taken some time back for some other purposes.
    How it would impact ?

  • @SavitaSharma-dw6jf
    @SavitaSharma-dw6jf Před 5 lety

    Thank a lot to you . god bless

  • @abhilashanegi9859
    @abhilashanegi9859 Před 4 lety

    kindly provide link all the formats in word format, it will be more helpful so that we won't make any mistake, and thanks a ton for providing all details.

  • @drycraftgetcrazyideas9374

    Super bro...

  • @sudhirshukla8279
    @sudhirshukla8279 Před 5 lety

    Informative

  • @monishshringi9999
    @monishshringi9999 Před 5 lety

    Hello.
    Just a few quick questions.
    1. You mention showing proof of funds at the time of Visa Submission. Does this mean pre-ITA or post-ITA? I know there can be a significant time involved between them so some clarity would be appreciated.
    2. I currently have 2 loans (car + personal). I plan to return back my personal loan and transfer the car loan to my parents' account. In addition, I was planning on transferring some amount from my parents account to my own to provide a sufficient amount. How much time would be required to show this amount as a deposit? Appreciate your help and support.
    Thanks

  • @anitube111
    @anitube111 Před 6 lety

    Thanks for this informative video . Can you please let us know that if the Gift Deed can be made by my own sister ?

  • @YouTubeYouTube-mi5if
    @YouTubeYouTube-mi5if Před 5 lety

    Thanks a lot

  • @venkatesh5767
    @venkatesh5767 Před 4 lety

    Hi, thanks for the video. I have FD from another financial institution.Do I have to get bank letter with fd details or the fd deposit receipt is enough?

  • @shj6460
    @shj6460 Před 3 lety

    This video us so helpful. I can now actually make a list of documents and keep it ready for myself. Thanks
    I have a question though. My husband is not a primary applicant I am. Can I take a gift deed from father in law?

  • @henrytamanojr3580
    @henrytamanojr3580 Před 4 lety

    Nice thank

  • @notabhu
    @notabhu Před 5 lety

    Hi,
    Do we really need a separate Gift Deed Letter? Won't an affidavit and LOE, along with a bank statement of both Donor & receiver on official bank letterhead (3 main documents) and aadhar & PAN card of both parties (as additional supporting documents) suffice?

  • @walirahman91
    @walirahman91 Před 5 lety

    Hi,
    Can we obtain gift deed after profile creation? Or is it rather safer to get it before profile creation? Please advise.
    Thanks

  • @roadrunner2087
    @roadrunner2087 Před 5 lety

    Hi Sheethanshu,
    You are doing an awesome job with your videos covering all aspects of immigration process.
    Regarding funds I just want to clarify, my wife will sell her gold jewelry to raise fund. We can show the proof of source since we will get the bill from the vendor. Is that enough and does that money also needs to be kept in my account for 6 months??

  • @newtonborges506
    @newtonborges506 Před 5 lety

    Beautiful Video, Great Job Sir. I had a question though. So the total proof of funds needed to be shown are CAD 12475. Is there a particular limit up to which a parent can provide a monetary gift to me or Is it that the gift shouldn't exceed a particular limit? Would it look good to the immigration officer if my parent gifted me around CAD 10000 - 11000 ?

  • @devivirat3347
    @devivirat3347 Před 4 lety

    Thank you

  • @venkatesh5767
    @venkatesh5767 Před 4 lety

    Hi,
    Thanks, for the video. I got part of the money from my dad and I have put all the fund in an fd, now do I need to show gift deed from my father or the fd is enough. Please advice. Thanks.

  • @PTAGOAT
    @PTAGOAT Před 4 lety +1

    Hey, that's quite informative. Thank you. However, I have a query i.e. In case I have a house on my name worth INR 80 lakh and I take a loan against property or maybe an overdraft limit. Can this be used to prove the funds?

  • @varshasingh7718
    @varshasingh7718 Před 5 lety

    Hallo, , what about education loan, for study purpose, please guide on that!! Thanks!!

  • @janakpatel3980
    @janakpatel3980 Před 5 lety

    Hey thanks for great information..I just wanted to know that gift deed is still valid in 2019 & father-in- law can gift money to daughter-in-law..

  • @GauthamHC99
    @GauthamHC99 Před 6 lety

    Thank you bro... Very helpful.. U done a good job by giving examples.. Appreciated!! Could you make a same type video on employee reference required in PR Application?

    • @DreamAbroad1
      @DreamAbroad1  Před 6 lety

      Hey, I published that video a few hours ago: czcams.com/video/CPqchFAdBZQ/video.html

    • @GauthamHC99
      @GauthamHC99 Před 6 lety

      Dream Abroad Thank you so much :)

  • @aarimaz
    @aarimaz Před 6 lety

    Thank you very much for informative videos you make. What if I have a car and planning to sell that to make up for the balance I need. This will result a sudden flow in my bank statement. What documents should I submit?

  • @jenisham6942
    @jenisham6942 Před 5 lety

    Sir pls tell me that gift deed is allowed in sinp pnp. Pls suggest awaiting. As I heard that sinp don't allowed gift deed.

  • @salmannizam
    @salmannizam Před 5 lety

    The Bank letter example you provided, doesnt have average balance of last 6 months, nor does it highlight credits/debts.
    I have provided similar HDFC letter that you showed in video, but it doesnt have average balance nor debts details. Please help to answer.

  • @TheAmazonAuthority
    @TheAmazonAuthority Před 4 lety

    Please share the document link for sample gift deeds and affidavits. Thanks.

  • @vidurapaathukkalam..8744

    good video

  • @shalitha1000
    @shalitha1000 Před 5 lety +1

    Thanks for valuble informations, Pls tell me , I’m going to apply PR with my spouse and baby. Can I show my spouse Gift Deed as Proof of Funds?

  • @kawaljeetkaur7927
    @kawaljeetkaur7927 Před 3 lety

    Really helpful!
    Please guide me on the following queries:
    1. I have 4 savings accounts in 4 banks. Bank A holds the money for immigration, Bank B has minimum balance and attached to education loan, Bank C and D have minimum balance only.
    Which all banks I need to approach for bank letter? Bank A only or Bank A and B or All banks?
    Please revert. Thanks!

  • @pravinshukla8642
    @pravinshukla8642 Před 6 lety

    Thank you for making such an amazing and informative video. I have a question, can we show our parents FD as proof of funding.

  • @rajramma8325
    @rajramma8325 Před 5 lety

    Thanks for your video bro. I have one query. I didn't see anything about six months balance in the first sample bank letter that u posted. I was under the impression that the bank has to state the funds are in the account for at least 6 months.

  • @supratimmajumdar3974
    @supratimmajumdar3974 Před 5 lety +1

    Hi, you are really doing a great job. You have given the best information required especially who wants to migrate to Canada. I just want to know that my WES evaluation is cleared and I have scored IELTS CLB 7 (S-6, R-7, W-7, L-7) But, I am 39 yrs old. By March 2019 I will turn 40. Is it advisable to still try for Canadian PR.

  • @silvianewage
    @silvianewage Před 4 lety

    Hi Sir, thank you for your help, I have a question, my husband is the main applicant we have a fix deposit with like 30 % of the money and the rest of the money is in another account under my name, that will be ok? or he also has to have access to my account ? Thank you .

  • @aashinigam5352
    @aashinigam5352 Před 5 lety

    What are the ways for Australian fund showing

  • @deepshikharonjhiya1300

    Hi, one question, is a gift deed valid if gifted by a friend or it should necessarily be from parents or relatives?

  • @sagargangadharan
    @sagargangadharan Před 5 lety

    Hi Sheetanshu - Congrats for you wedding and Best Wishes mate. If you have a min, can you please let me know if Bank letter is required for all banks that I hold account with or just the one where I have kept my settlement fund? The account where my salary comes is in UAE while my funds are in my Indian account.

  • @alaa88888
    @alaa88888 Před 5 lety

    Does the gifted letter has to be an official document of some sort ? Like a headed letter from a work place, or stamped or at a lawyer ? Or it can be a regular paper just signed by the parent ?

  • @merilfloyd
    @merilfloyd Před 5 lety

    I have a photo of the cheque (not a scanned copy) would that be a problem if I upload that or I don't upload at all. also do I need an FD receipt along with these documents? please let me know.
    Thanks

  • @ayubbinalam7590
    @ayubbinalam7590 Před 4 lety

    What a wonderful video. I got one query sir. For the gift deed, should we make it on a stamp paper or just plain A4 paper? Does making it on a stamp paper makes it any different? @Dream abroad

  • @BeerBrunchBros
    @BeerBrunchBros Před 4 lety

    The amount gifted has to be transferred via cheque or it can be donated via account to account transfer and cash deposits?

  • @ShiDit
    @ShiDit Před 4 lety

    What if I get a personal loan and deposit that money into my father's account and then make a gift deed showing my father gifted that money to me. Will that work?

  • @sachinpatil1886
    @sachinpatil1886 Před 5 lety

    Thanks for your information. How about my bank account is only 3 months old only. Is that will acceptable even if I have gift deed from my father??

  • @cf3129
    @cf3129 Před 5 lety

    Does the gift need need to be on stamp paper and notarised ?

  • @HealthyGutWithNikky
    @HealthyGutWithNikky Před 3 lety

    Please In the case of study visa, will my father’s statement of account be needed? If he provides gift deed

  • @nitishgrover3269
    @nitishgrover3269 Před 5 lety

    Hello Sir,
    Hope you are doing well.
    I want to know does it require to keep funds 6months in his/her account even if its a gift. Can't i provide 6 months statement of my father's account instead of mine.

  • @siddhu095
    @siddhu095 Před 5 lety +1

    Thank you for the information.
    One quick question: My wife is primary applicant of EE profile and I've transferred around INR 4L to my wife's account from my savings account one month before ITA. I'm a dependent applicant and was wondering would this transaction cause any issue? Do I need a LOE for this ?

    • @nanahauwauhauwau955
      @nanahauwauhauwau955 Před 3 lety

      This is similar to my case , did you have any troubles with this process.

  • @karamdeol
    @karamdeol Před 6 lety

    Please make a video on how to show work experience and related parameters that need to be mentioned. For example some people say that it's better to show continuity in job.

    • @DreamAbroad1
      @DreamAbroad1  Před 6 lety

      Yeah that topic is in my bucket list and I will soon upload a video on that topic.