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Can Fixed Deposits, PPF, PF, or LIC policies count as proof of funds for Express Entry?

Canada • Express Entry • immigration 0 views
By VisaBuddies Communityvia community — compiled from public visa forums

Documents Needed

  • Fixed Deposit (FD) statement and receipt

    Confirmed as accepted proof of funds by one applicant.

Step-by-Step

An applicant who received an ITA for Canadian PR asked whether Fixed Deposits (FDs), Public Provident Fund (PPF), Provident Fund (PF), and LIC policies could be used as proof of funds.

What the thread indicated:
  1. Fixed Deposits are commonly accepted — one member confirmed they successfully submitted FD statements along with the FD receipts as part of their proof of funds.

  2. For PPF and PF specifically, it's worth confirming whether a plain account statement is enough or if a stamped letter from the institution is required, since obtaining stamped letters from these providers can take extra time and effort — factor this into your application timeline.


Takeaway: FDs with receipts are a solid, straightforward proof-of-funds document. If including PPF/PF/LIC, start the process of requesting any required stamped confirmation letters early, since these can be slow to obtain.

Dos, Don'ts & Tips

  • Do: Include both the FD statement and the FD receipt, not just one.
  • Tip: If relying on PPF or PF, request any required stamped letters early since these institutions can be slow to issue them.

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