Thanks a lot for the reply
@selvakk
Below were the reasons for the refusal
I am not satisfied that you will leave Canada at the end of your stay, as stipulated in subsection 216(1) of the IRPR, based on the purpose of your visit.
• Pursuant to paragraph 220(a) of the IRPA, I am not satisfied that you have sufficient and available financial resources, without working in Canada, to pay the tuition fees for the course or program of studies that you intend to pursue.
• Pursuant to paragraph 220(b) of the IRPA, I am not satisfied that you have sufficient and available financial resources, without working in Canada, to maintain yourself and any family members who are accompanying you during your proposed period of study.
We have already paid the full program fee then I am not sure why VO has mentioned about the program fee. Will explain in the letter of explanation. For last reason its mistake from SBI and somewhat on our side too. SBI gave us a sanction letter which was just two lines and pretty vague. It did came to me that the letter doesn't look right but I still went ahead and submitted the application. Later we got to know that the letter was kind of pre-sanction letter and for actual sanction letter we have to go to Regional SBI office and sign documents. Did that yesterday and got proper Loan sanction letter.
One more question, last time I submitted a Balance certificate from my wife's savings account but did not submit any statement. I am not planning to submit that letter again as that bank got a substantial deposit from my brother recently and it will be hard to explain. Will that create any problem?
PS: Did your loan from SBI got approved?
-Kenny