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Credit Co-op Society FD for i20 proof
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Maheshkc03 Offline
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Maheshkc03 Offline
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Post: #1
Credit Co-op Society FD for i20 proof
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Hi All,

Can we show the money invested as FD in a credit co-operative society as the monetary proof? The credit co-op societies are registered under "The Multi-State Co-operative Societies Act, 2002" and the co-operative Societies Act, 1912. They will provide the statement on a proper letterhead.
Can this be shown as a proof? Has anyone done this already and received a VISA?

-Thanks
Mahesh
03-11-2017 10:27 AM
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VMEHTA Offline
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RE: Credit Co-op Society FD for i20 proof
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Maheshkc03
No. Only Liquid money works.

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03-11-2017 01:50 PM
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Post: #3
RE: Credit Co-op Society FD for i20 proof
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VMEHTA Maheshkc03 For VISA this should be fine. FDs are technically not liquid until matured but FD even immatured should be fine in VISA. Unless of course person mentions he/she has immature FDs and commits suicide.

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04-07-2017 02:13 AM
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rudran88 Offline
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RE: Credit Co-op Society FD for i20 proof
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Maheshkc03
I remember showing my fd's for visa interview and they interviewer was ok with it FD can be liquidated anytime.. according to my understanding you get the principle but only lose the interest if its liquidated before the maturity date..

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04-07-2017 10:25 AM
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