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EC- Maintenance of Funds - Can we use funds available in PPF

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

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here_igo1
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Joined: Wed Aug 06, 2008 6:02 pm
Location: India

EC- Maintenance of Funds - Can we use funds available in PPF

Post by here_igo1 » Wed Aug 06, 2008 6:10 pm

Hi,
I am planning to appply for EC. However, have a query for maintenance of funds. Can we use PF statements or a statement from bank saying that 50% of the amount has been available for 3 months.
Or is it that this needs to specifically be bank statements.
Has anyone used this as a finance proof??

Any pointers will help a lot.

Tx

geriatrix
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Posts: 24755
Joined: Fri Mar 17, 2006 3:30 pm
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United Kingdom

Post by geriatrix » Thu Aug 07, 2008 2:52 am

EPF - No.

PPF - Check with BHC. It is allowed, then you will need a letter from the bank to confirm that you have immediate access to X amount (PPF has a lock-in period of 5 years, after which you can only withdraw certain percentage of the total) and that the amount has been held for 3 months.

regards
Life isn't fair, but you can be!

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