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how to show fund for my visa?

iamanand

Newbie
Apr 24, 2011
7
0
hi please help me how to apply visa
i am having my own funds
i can show my own funds as i am keeping gold loan

it is hard to get education loan

will i get visa by showing my own funds.?
 

dus2_chele

Full Member
Nov 15, 2011
36
0
Job Offer........
Pre-Assessed..
guess you will have to convert your funds(from gold loan) to fd's and by keeping them as collateral security you will get educational loan.
hope am not wrong ::)
 

iamanand

Newbie
Apr 24, 2011
7
0
but they told it will take late for applying educational loan
jan 9th is my college
i am having exactly 1 month to apply my visa
so if i applied my visa by showing my own fund wont be a problem ?
 

dus2_chele

Full Member
Nov 15, 2011
36
0
Job Offer........
Pre-Assessed..
tell them that its not a simple educational loan.you will keep collateral security for it(means the amount of money you take as loan will be kept by you in form of fd)
i guess this will make your loan process faster.
by the way last date of visa application for students apllying for january term is december 1st.
and hence you got very short time.
by the way which college are you going to?
 

Canada Help

Star Member
Oct 13, 2011
91
3
Hey Anand,

There is no rule that states you cannot use your own funds.just keep in mind that the amount you show should be more that required.I am telling what i have done.If you have been holding these funds for a long time it is still better.

You can get a letter from the bank (on their letterhead)stating that you hold "XYZ" amount of funds since"_______".

That should take care of the financial aspects.

Even when i applied for the visa I used to hear all such stuff.Don't worry these are mere suggestions.

Best of luck for ur visa.