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Fixed Deposits are accepted if they are ready to withdraw at any time. You will need a letter from the Bank that you are having FD of Rs. xxxx and this amount is ready to withdraw at any time for your use. That's all.mjmani wrote:To Mr. Kandasamy,
Please reconfirm if Fixed Deposits are an acceptable evidence for funds. To my knowledge, funds has to be "liquid" i.e. available for immediate use. fixed deposits are not liquid funds. Savings account is acceptable.