Federal skill class immigration funds requirement

[ssidd]

Hello,

I am planning to apply Canadian immigration but I need to find out that

Can I use National Saving Certificate (which basically shows that this amount is freeze in bank for 1 year and I am getting monthly profit on it)?

Should I need to show that I have these funds from last six months?


Many Thanks
Sidd

[neoseal]

You can use NSC, Kisan vikas patra, govt. bonds, fixed deposits, share, investment etc. Just say that you will encash them when immigration is approved.

[sachin01663]

Can these funds be gifted by your family? If yes, do they also need to give authority letter or anything else saying that these funds are mine?

[neoseal]

Yes a simple letter that the funds are gift and non returnable.

[ssidd]

Hi,

I have managed funds by selling my car and some funds are transferred by my cousin as he owes some money. If I attach my bank statement then CIC will ask this question, where you got this amount.
I can attach bank letter which is acceptable but later on if they ask about bank statement then what will be the answer. Would they accept my explanation? I am already maintaining my bank account since October 2013.
I read somewhere that ''Borrowing money for proof of funds and pretending those funds are yours, when they are not, is illegal''.

Kindly guide me in this situation.

Thanks
SIDD