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There is no stated amount by the Home Office but it should be enough to prove that you can maintain yourself and any dependents without recourse to public funds. We've seen quotes of 2,000 - 9,000 GBP from posters in both the new and old forums. Based on anectodal evidence I would IMHO say a ballpark figure of 2,000 GBP for the principal applicant and 1,000 GBP for each dependent would be o.k. 3 months of bank statements in the period leading to the application date is the minimum requirement - 6 months would be better though.Kavi wrote:1. How much money is required to show as bank balance and how many months bank statements should be submitted along with the application?.
It would be better to be in credit on your bank statements which a loan would facilitate. Expect the caseworker to query any large influxes of money into your account. IMHO the fact that the money is still 'technically' yours as opposed to say a friends would likely negate any concerns. Note that you can also submit payslips in lieu of bank statements - however given the challenges of revoking the grant of ILR the caseworker may want to ensure that you meet all the requirements of the immigration rules and can insist on both payslips and bank statements. I am not sure about your accomodation position but being a home owner for example would be of benefit and tilt things in your favour.Kavi wrote:I am currently running on over draft and thinking of taking a loan to make up the bank balance. please advice me on this.
2.Would the over draft thing affect my ILR application?.