ICICI Statements

[QEF8DD]

For proof of previous earnings, can I submit the quarterly bank statements I receive at home for the full 12 months I intend to claim ? They are in colour, have the bank logo and meet all other pre-requisites mentioned in the guidance.. My only concern is that one of my friend who applied through the HSMP-TIER1 route 1 year back told me that the statements I receive at home cannot be used. But I guess, the rules then were different and the guidance now states that ad-hoc bank statements from the bank are admissible.

In any case, assuming I go to the bank and manage to get the last 12 months statement printed on letterhead, then which one should I submit - statements which I receive at home (which actually look nice) attested from bank or the statement from bank itself ? One advantage in statement directly from bank is that I might get a full year continuous statement rather than 1st Jan to 31 mar, 1 Apr to 31 st June staggered statements that I get at home..

Guidance extract as follows...
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Ad hoc bank statements printed on the bank’s letterhead are admissible as evidence (this excludes mini-statements from cash points).
If the applicant wishes to submit electronic bank statements from an online account these must contain all of the details listed above. In addition, the applicant will need to provide a supporting letter from his/her bank, on company headed paper, confirming the authenticity of the statements provided. Alternatively an electronic bank statement bearing the official stamp of the bank in question will be accepted. This stamp should appear on every page of the statement.
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[raghu0307]

For proof of previous earnings, can I submit the quarterly bank statements I receive at home for the full 12 months I intend to claim ? They are in colour, have the bank logo and meet all other pre-requisites mentioned in the guidance.. My only concern is that one of my friend who applied through the HSMP-TIER1 route 1 year back told me that the statements I receive at home cannot be used. But I guess, the rules then were different and the guidance now states that ad-hoc bank statements from the bank are admissible.

In any case, assuming I go to the bank and manage to get the last 12 months statement printed on letterhead, then which one should I submit - statements which I receive at home (which actually look nice) attested from bank or the statement from bank itself ? One advantage in statement directly from bank is that I might get a full year continuous statement rather than 1st Jan to 31 mar, 1 Apr to 31 st June staggered statements that I get at home..

Guidance extract as follows...
***********************************************************
Ad hoc bank statements printed on the bank’s letterhead are admissible as evidence (this excludes mini-statements from cash points).
If the applicant wishes to submit electronic bank statements from an online account these must contain all of the details listed above. In addition, the applicant will need to provide a supporting letter from his/her bank, on company headed paper, confirming the authenticity of the statements provided. Alternatively an electronic bank statement bearing the official stamp of the bank in question will be accepted. This stamp should appear on every page of the statement.
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This is a classic example of people misguiding. I personally believe the policy guidance is the one you should rely on. As I see in the guidance, These statements can be submitted as they are the original statements that you get.

With all due respect to your friend and also being unaware of the rules he knew when he guided you, I would advise that the policy guidance should be your first reference.

I have encountered many people who in the past have believed their documents to be perfect, but when they reveal more information on their documentation, thats anywhere near being perfect.

Such people , I have seen have pre concieved notions about certain things and end upmisguiding people.

[push]

For proof of previous earnings, can I submit the quarterly bank statements I receive at home for the full 12 months I intend to claim ?

These are perfectly fine.

[QEF8DD]

Thanks push_hsmp.

I have encountered many people who in the past have believed their documents to be perfect, but when they reveal more information on their documentation, thats anywhere near being perfect.

Such people , I have seen have pre concieved notions about certain things and end upmisguiding people.

you are right raghu0307. I have even seen VFS misguiding in at least one instance. I went to VFS Delhi few backs back to clarify some of my doubts. There was one coordinater for tier1 who clarified most of my doubts properly but to one question on the exchange rate to use for the previous earnings he told me to use the exchange rate on the day I apply. He was pretty confident in his reply so I didn't ask again. This is not correct though since the guidance clearly states to use the 'closing spot exchange rate on the OANDA website on the last day of the period for which he/she has claimed earnings in that currency'.. he was talking sense on all other questions but this answer was not correct.. I will be going again with my final documentation to check if all is in place and this time I will show him the guidance as well to confirm.
In general, I would suggest that even if applicants know the answers to simple questions, yet they can cross check with VFS/friends etc.. because one might just get a different response or something which s/he hadn't thought of earlier.

A nice day to all!

[push]

Thanks push_hsmp.

I have encountered many people who in the past have believed their documents to be perfect, but when they reveal more information on their documentation, thats anywhere near being perfect.

Such people , I have seen have pre concieved notions about certain things and end upmisguiding people.

you are right raghu0307. I have even seen VFS misguiding in at least one instance. I went to VFS Delhi few backs back to clarify some of my doubts. There was one coordinater for tier1 who clarified most of my doubts properly but to one question on the exchange rate to use for the previous earnings he told me to use the exchange rate on the day I apply. He was pretty confident in his reply so I didn't ask again. This is not correct though since the guidance clearly states to use the 'closing spot exchange rate on the OANDA website on the last day of the period for which he/she has claimed earnings in that currency'.. he was talking sense on all other questions but this answer was not correct.. I will be going again with my final documentation to check if all is in place and this time I will show him the guidance as well to confirm.
In general, I would suggest that even if applicants know the answers to simple questions, yet they can cross check with VFS/friends etc.. because one might just get a different response or something which s/he hadn't thought of earlier.

A nice day to all!

VFS people are generally ignorant about the latest guidelines and all they do is to tick the checklist. Its the BHC which makes the decision.