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query on fund maintanenece and earning

Archived UK Tier 1 (General) points system forum. This route no longer exists.

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2, Administrator

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jvijaya.80
Newly Registered
Posts: 6
Joined: Thu Jul 15, 2010 7:18 pm

query on fund maintanenece and earning

Post by jvijaya.80 » Fri Jul 16, 2010 11:23 am

Hi
I am planning to apply for Tier-1 visa in July-2010 .
could you please help me with the below queries

a)I have a query regarding funds.
I have 45,000 in HDFC account and around 1,71000 in Axis account.
Total : 216000
Is it possible to show two bank accounts for funds.

Whether this funds are sufficient or if i need to show more
I have fixed deposit in Axis bank around 75,000

As per onada site for 2800 pounds, it is around 201600

b) Regarding Earning, can i show the payslip from June 2009 to May 2010 or i need to show the earning only from July 2009 to June 2010.

Since gross total is high from June 2009 to May 2010 when compared to July 2009 to June 2010.

Also while calculating points whether i need to give net salary or gross salary

Please advise me..



Thanks
Vijay

aspirant99
Member of Standing
Posts: 340
Joined: Sun May 23, 2010 4:16 pm

Re: query on fund maintanenece and earning

Post by aspirant99 » Fri Jul 16, 2010 1:50 pm

jvijaya.80 wrote:Hi
I am planning to apply for Tier-1 visa in July-2010 .
could you please help me with the below queries

a)I have a query regarding funds.
I have 45,000 in HDFC account and around 1,71000 in Axis account.
Total : 216000
Is it possible to show two bank accounts for funds.

Whether this funds are sufficient or if i need to show more
I have fixed deposit in Axis bank around 75,000

As per onada site for 2800 pounds, it is around 201600

b) Regarding Earning, can i show the payslip from June 2009 to May 2010 or i need to show the earning only from July 2009 to June 2010.

Since gross total is high from June 2009 to May 2010 when compared to July 2009 to June 2010.

Also while calculating points whether i need to give net salary or gross salary

Please advise me..



Thanks
Vijay
Though you will get all you answers if you read the guidelines but still here is my view:

1) Though it is always better to show one account as it becomes a straightforward case however yes, you can show multiple accounts to prove maintainence funds but the account should be in your name and the total amount should not have gone down below the specified GBP 2800 in the last 90 days .
Note: The last date of the 90 days period claimed should fall within 30 days prior to your date of application

2) Regarding earning the period can be any claimed for 12 or less consecutive months within the 15 month period from the date of the application.

Hope this helps and I would again suggest that you read the guidelines CAREFULLY as that will go a long long way...good luck!!

jvijaya.80
Newly Registered
Posts: 6
Joined: Thu Jul 15, 2010 7:18 pm

Post by jvijaya.80 » Sat Jul 17, 2010 3:41 am

Hi,
Thanks for your reply.

Going forward i will search in the forum before raising the questions.

Thanks
Vijay

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