Tier 1 Rejection – Guidance for Appeal

[Angel2007]

Hi Guys,

I got my Tier 1 General application rejected today due to maintenance fund issue. I have shown a fixed deposit which my dad had maintained for 1 year. Its under his name but the financial institute had clearly given a letter stating that the nominee of the account is me and that I could withdraw it at any given time without any restrictions. Along with that a letter was submitted by my dad stating that the full control of the deposit is given to me. But ECO has stated that the deposit is not a joint one and rejected.

Pls. advice. Should I appeal? If so appreciate your guidance on the best approach.

Thanks,

[ChetanOjha]

I think fixed deposit is not considered for maintenance funds reqt. Below is the text from the guidance notes.

Wait for the replies from other members.


The evidence of maintenance must be of cash funds in the bank (this includes savings accounts and current accounts even when notice must be given), loan or official financial or government sponsorship available to the applicant. Other accounts or financial instruments such as shares, bonds, pension funds etc, regardless of notice period, are not acceptable.

Hi Guys,

I got my Tier 1 General application rejected today due to maintenance fund issue. I have shown a fixed deposit which my dad had maintained for 1 year. Its under his name but the financial institute had clearly given a letter stating that the nominee of the account is me and that I could withdraw it at any given time without any restrictions. Along with that a letter was submitted by my dad stating that the full control of the deposit is given to me. But ECO has stated that the deposit is not a joint one and rejected.

Pls. advice. Should I appeal? If so appreciate your guidance on the best approach.

Thanks,

[kams19]

Fixed Deposits are very much acceptable. one of my friend had applied Tier-1 from India and she had shown FD of SBI and a letter from the manager specifically mentioning that the amount is withdrawable at any point of time. You just need to submit the FD account statement and the letter and not the FD reciept.

Cheers!

I think fixed deposit is not considered for maintenance funds reqt. Below is the text from the guidance notes.

Wait for the replies from other members.


The evidence of maintenance must be of cash funds in the bank (this includes savings accounts and current accounts even when notice must be given), loan or official financial or government sponsorship available to the applicant. Other accounts or financial instruments such as shares, bonds, pension funds etc, regardless of notice period, are not acceptable.

Hi Guys,

I got my Tier 1 General application rejected today due to maintenance fund issue. I have shown a fixed deposit which my dad had maintained for 1 year. Its under his name but the financial institute had clearly given a letter stating that the nominee of the account is me and that I could withdraw it at any given time without any restrictions. Along with that a letter was submitted by my dad stating that the full control of the deposit is given to me. But ECO has stated that the deposit is not a joint one and rejected.

Pls. advice. Should I appeal? If so appreciate your guidance on the best approach.

Thanks,

[gotcha]

I think fixed deposit is not considered for

They are, as sited by other poster.
But, problems seems to be OP's situation.
Imagine, how can nominee have access to FD, as given in written by his bank. Nominees comes in to picture only in unfortunate circumstances. It must have confused ECO, so does me.

[yasa]

Hi Guys,

I got my Tier 1 General application rejected today due to maintenance fund issue. I have shown a fixed deposit which my dad had maintained for 1 year. Its under his name but the financial institute had clearly given a letter stating that the nominee of the account is me and that I could withdraw it at any given time without any restrictions. Along with that a letter was submitted by my dad stating that the full control of the deposit is given to me. But ECO has stated that the deposit is not a joint one and rejected.

Pls. advice. Should I appeal? If so appreciate your guidance on the best approach.

Thanks,

I dont think there should be any problem in appeal. As long as u can withdraw money anytime its fine.

[ChetanOjha]

Thats what my impression is too. Consider an example, when a father make a will for his son. You can claim the will untill unfortunate cicumstances.

The same situation is here too. Angel is "nominee" of the FD and not the owner.

I think fixed deposit is not considered for

They are, as sited by other poster.
But, problems seems to be OP's situation.
Imagine, how can nominee have access to FD, as given in written by his bank. Nominees comes in to picture only in unfortunate circumstances. It must have confused ECO, so does me.

[gotcha]

I dont think there should be any problem in appeal. As long as u can withdraw money anytime its fine.

Guidance clearly states that FD should be in name of applicand or he/she must be joint holder of FD. How can nominee have access to funds ? Can you explain.

I don't think maintenance fund shown were according to guidance, sorry.

[yasa]

I dont think there should be any problem in appeal. As long as u can withdraw money anytime its fine.

Guidance clearly states that FD should be in name of applicand or he/she must be joint holder of FD. How can nominee have access to funds ? Can you explain.

I don't think maintenance fund shown were according to guidance, sorry.

I dont have any idea about Fix deposit. But i was arguing about the letter given by bank showing full right to withdraw money at any time...

[gotcha]

I dont think there should be any problem in appeal. As long as u can withdraw money anytime its fine.

Guidance clearly states that FD should be in name of applicand or he/she must be joint holder of FD. How can nominee have access to funds ? Can you explain.

I don't think maintenance fund shown were according to guidance, sorry.

I dont have any idea about Fix deposit. But i was arguing about the letter given by bank showing full right to withdraw money at any time...

But validity of letter can be questioned, if it contradicts with principle. In principle, nominee can not access funds in presence of FD holder, joint holder.

[yasa]

I dont think there should be any problem in appeal. As long as u can withdraw money anytime its fine.

Guidance clearly states that FD should be in name of applicand or he/she must be joint holder of FD. How can nominee have access to funds ? Can you explain.

I don't think maintenance fund shown were according to guidance, sorry.

I dont have any idea about Fix deposit. But i was arguing about the letter given by bank showing full right to withdraw money at any time...

But validity of letter can be questioned, if it contradicts with principle. In principle, nominee can not access funds in presence of FD holder, joint holder.

Thats cool...
Thanks

[push]

Hi Guys,

I got my Tier 1 General application rejected today due to maintenance fund issue. I have shown a fixed deposit which my dad had maintained for 1 year. Its under his name but the financial institute had clearly given a letter stating that the nominee of the account is me and that I could withdraw it at any given time without any restrictions. Along with that a letter was submitted by my dad stating that the full control of the deposit is given to me. But ECO has stated that the deposit is not a joint one and rejected.

Pls. advice. Should I appeal? If so appreciate your guidance on the best approach.

Thanks,

If your nomination is in the form of "either or survivor" then you have a case. Get your bank to confirm that and file for a review.