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