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| EC FUNDS - LIQUID ASSETS QUERY |
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Hello all..
I have one urgent query..!! I am about to apply for EC...!! Kindly help me out....!!I have got my HSMP approved. I have query regarding EC assets. I have liquid cash in bank account for around 1Lakh 50 thousand...!!and i have around 2lakh 50 thousand in form of Public Provident Fund (PPF), Mutual Funds.
Are PPF and Mutual funds come under LIQUID cash catagory. What I mean to say is 2800 pound = 2 lakh 24 thousand.... so do i need to have 2 lakh 24 thousand in cash in bank or the break up which i have shown above 1.e. 1lakh 50 thousand cash + 2 lakh 50 thousand ( PPF + Mutual Funds ) will be ok. Kindly calrify.
Apart from that I am thinking of getting sponsorship letter from my FATHER and will show his bank details. Do you have format for sponsoship letter from FATHER. On paul blogspt he has given for "BROTHER" who is in USA. Kindly help me out...!!
Regards,
Arpit |
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