fund should be on salary account or normal saving account

[spsahu82]

Dear All,
I am planning for apply Tire 1 HSMP from India. As per the new rule, I need to maintain £2800 (around Rs241000) for three months in a single saving account. I have saving account in ABN AMRO & ICICI Bank. My ABN AMRO account is a salary account where as the ICICI account is a normal saving account. Currently I don't have sufficiant balance (£2800) in any saving account. Hence I am planning to take some money from my father & sell some of my holding shares and maintain it for three month in one of my saving account. As ABN AMRO account is my salary account, planning to provide last one year ABN AMRO statement as a proof of Past Income.

Can any one so kind to suggest me on which account - ABN AMRO or ICICI Bank - should I maintain the fund 2800 for three month. Shall I provide the source of fund proof that appears in the bank statement ?

For your kind information, the large transaction may not be appear if I maintain the fund in ICICI bank for more then three month & provide the statement for those duration on which the fund transfer not appear in three month statement. However I can't hide the large transaction in ABN AMRO account because I am providing the one year ABN AMRO bank statement as a proof of 'Past Income'.

Appreciate if some body replies at a earliest possible.

Thanks in advance.

Sp sahu

[geriatrix]

You can use either, but for this reason alone

For your kind information, the large transaction may not be appear if I maintain the fund in ICICI bank for more then three month & provide the statement for those duration on which the fund transfer not appear in three month statement. However I can't hide the large transaction in ABN AMRO account because I am providing the one year ABN AMRO bank statement as a proof of 'Past Income'.

suggest you use non-salary account for maintenance fund.

regards