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Financial & Bank loan doubt for canada student visa

vimalind

Hero Member
Aug 2, 2012
528
13
Job Offer........
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I've 10,00,000 educational loan document in my hand. The 1 year tuition fees is $14,476+ living and other $10,000.

As per checklist 80% tuition fees could be shown as loan.

So.

$14476 (-$2500 Pre-Registration fees paid)= $1,1976
80% of $11,976 = $9,580 + $10,000 (living) = $19,580

CAD 19580 converts to INR (Rs.54) is Rs.10,57,320


will I get any trouble of only showing 10,00,000 as loan? ..

Or do i need to have another 1 or 2 Lakhs Bank balance to be shown from my sponsor? ::)

Kindly advice.. ???
 

BadshahIqbal

Hero Member
Nov 2, 2012
460
23
123
Kerala, India
Category........
Visa Office......
CIO - Sydney, NS
NOC Code......
0711
Job Offer........
Pre-Assessed..
App. Filed.......
Feb 01 2015 / Received on Feb 05 2015
Doc's Request.
Oct 08 2015
Nomination.....
Jan 02 2015
AOR Received.
Apr 24 2015
IELTS Request
N/A
File Transfer...
N/A
Med's Request
Jun 03 2015
Med's Done....
Jun 23 2015
Interview........
Waiting
Passport Req..
Waiting
VISA ISSUED...
Nov 23 2012
LANDED..........
Dec 20 2012
Bro...make it simple..pay ur 1 year tuition fees...if u dont have enough in your hand..pay 4 lakhs from your loan...and rest from your hand

Now you have 6 lakhs remaining in your loan amount...use that amount to show your living expense...

Showing bank balance is not anymore applicable with spp visa
 

vimalind

Hero Member
Aug 2, 2012
528
13
Job Offer........
Pre-Assessed..
BadshahIqbal said:
Bro...make it simple..pay ur 1 year tuition fees...if u dont have enough in your hand..pay 4 lakhs from your loan...and rest from your hand

Now you have 6 lakhs remaining in your loan amount...use that amount to show your living expense...

Showing bank balance is not anymore applicable with spp visa
I am going to apply under university checklist nor SPP, I dont have time to pay first term fees to receive another study permit letter from university. give me simply option like rather than 10,00,000 rupees loan.

As of my calculation its 10,59,000.. So is that workout with showing 1,00,000 sponsor account balance?
 

vimalind

Hero Member
Aug 2, 2012
528
13
Job Offer........
Pre-Assessed..
I'm going to apply study permit in bangalore VFS on 21'st .. any more suggestions .. ::)