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Letter for maintainance of funds

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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durgaprasad
Newly Registered
Posts: 7
Joined: Fri Oct 22, 2010 7:00 am

Letter for maintainance of funds

Post by durgaprasad » Fri Oct 22, 2010 7:19 am

Hi Every One,

a)I was suggested to maintain the funds in a savings bank (SB)account. This is not shown as an FD . Is it OK as per the rules?

b)My SB account is same as my salary account. Does it make any difference?

c)Can any of you pls send me a format which i have to use to get a confirmation from bank on maintainance of funds.

Pls do help me on this

Thanks
Prasad

kutlee
Junior Member
Posts: 67
Joined: Wed Oct 06, 2010 12:29 pm

Re: Letter for maintainance of funds

Post by kutlee » Fri Oct 22, 2010 9:29 am

durgaprasad wrote:Hi Every One,

a)I was suggested to maintain the funds in a savings bank (SB)account. This is not shown as an FD . Is it OK as per the rules?
NO Problem

b)My SB account is same as my salary account. Does it make any difference?
NO Difference
c)Can any of you pls send me a format which i have to use to get a confirmation from bank on maintainance of funds.
Please search this forum. Letter from bank manager showing ur name, account number, dates covering the 90 days period and the minimum balance. The case worker will anyway calculate this based on the itemised account statement for the 90 day period
Pls do help me on this

Thanks
Prasad

durgaprasad
Newly Registered
Posts: 7
Joined: Fri Oct 22, 2010 7:00 am

Re: Letter for maintainance of funds

Post by durgaprasad » Tue Dec 14, 2010 10:56 am

Hi,

Can i show up single bank statement to the visa officer to cover both salary and funds

I mean i will get a 12 months statement for e.g from 15 dec2009 to 15 dec 2010 which will include my 12 months salary deposit as well as funds
maintainance (assuming i will be applying on 20th dec 2010)


Thanks
Prasad

kutlee
Junior Member
Posts: 67
Joined: Wed Oct 06, 2010 12:29 pm

Post by kutlee » Tue Dec 14, 2010 1:38 pm

Please provide two statement sheets. One should show the statement period covering your earnings. The second sheet showing the period covering your maintenance. Provide sufficient documents. not less not more. :)

durgaprasad
Newly Registered
Posts: 7
Joined: Fri Oct 22, 2010 7:00 am

Filing TIER1 this week

Post by durgaprasad » Mon Dec 20, 2010 7:29 am

Hi ,

I have decided to file TIER1 this week.
Could you pls confirm on the below

1. Age Proof: DOB certificate from municipal authority plus original passport

2.Qualifications: Got a letter of comparison from NARIC for my PG
(got 35 points) and would be submitting the original transcript

3. Earnings: 12 months bank statement from Dec 01,2009 to Dec 15,2010
plus payslips attested by my employer

Question here...do i need to show the computation sheet for conversion into pounds using the uplift ratio. Or will the case officer will do it?
If i have to do it , pls let me know the exchange rate date to be used


4.English Language: IELTS general test with an overall band of 7.0. Will submit the original test report form

5. Fund Maintenance: 3 months bank statement from 15 sep to 15 dec 2010 plus a letter from bank with below format


****************
Dated: 20th Dec 2010

To,

British Deputy High Commission

Hyderabad

Sub: Maintenance of Funds Cum salary Account

This is to Certify that Mr. XXXXXXXX is maintaining a Smart Pay Savings account with us bearing Account no. XXXXXXX since 01st Jan 2009. The monthly salary of the aforesaid account holder, from his employer XXX Ltd, is being credited to the above mentioned account


We further certify that the minimum balance that has been maintained and could have been withdrawn at any point of time from the aforesaid account from 15th Sep 2010 to till 15th Dec 2010 date is XXX INR and the equivalent amount in GBP is XXXX

The conversion rate taken is XX.XX INR per GBP as per www.Oanda.com


The certificate is issued at the request of the account holder without any recourse to us or commitment on our part.

Sincerely yours
*******************


6. Application along with fee

Do i have to submit any photocopies as well

Can some one help me out by evaluating this

Thanks,
Durga

durgaprasad
Newly Registered
Posts: 7
Joined: Fri Oct 22, 2010 7:00 am

Re: Letter for maintainance of funds

Post by durgaprasad » Tue Dec 21, 2010 6:08 am

Can any one reply on this..pls

Thanks
Prasad

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