Hello,
I am from India. I have got a loan sanctioned for 30 lac rupees (58000 CAD). It mentions that a margin of 15% has to be paid out of savings. This has to be brought in proportionately at the time of disbursement. Now, while applying for Visa (Canadian Study permit), is it necessary to show the 15% margin amount as well? Or is it sufficient to show the loan sanction letter only?
I am from India. I have got a loan sanctioned for 30 lac rupees (58000 CAD). It mentions that a margin of 15% has to be paid out of savings. This has to be brought in proportionately at the time of disbursement. Now, while applying for Visa (Canadian Study permit), is it necessary to show the 15% margin amount as well? Or is it sufficient to show the loan sanction letter only?