LeapScholar

Can PF accounts, mutual funds, or bonds be used to show funds for New Zealand visa application?

17 Jun 2026 · Answered by Rakshitha Muthukumar · 1 min read
Rakshitha Muthukumar
Rakshitha Muthukumar Verified
Leap Scholar's Counsellor
View Profile →

Yes, you can use Public Provident Fund (PPF) accounts to show funds for a New Zealand student visa, as long as the funds are accessible and supported by proper documentation. However, mutual funds and bonds are generally not accepted as financial evidence.

- PPF accounts: Acceptable if withdrawable and supported by documents like recent tax returns, payslips, and an employer letter confirming employment linked to the fund.
- Mutual funds and bonds: Not typically accepted, as they are not considered easily accessible or verifiable.
- Other options: Recent bank statements, fixed-term deposit certificates (held for at least three months), or an education loan sanction letter from a recognized bank are also valid.

If you need help preparing your financial documents, please connect with your LeapScholar counsellor.

Still have doubts?

Speak to a LeapScholar expert — free, no obligations.

4.7/5 Google 🎓 25K+ admits
Book Free Counselling Session

More Student visa questions

More New Zealand questions

Book a free counselling call Book Now