My finance

[VPS123]

Hi guys,

Can I show my finance status as

my loan amount+My FD amount used for loan.....

means I have 20 laks rupee FD and I am taking loan against my FD, that means they provide 80% of FD that means my loan amount as 16 laks....

So can I show my total finance status as 20+16 laks = 36 laks for visa purpose....

 

[Mesha]

Yes for sure.
once needs to show 80% of 1 year tution fees+ living expenses and travelling expense !

 

[dayal219]

Is the FD account you are showing same as the FD you used for taking loan?

If so, how can you show that as liquid fund?

I have also taken loan against FD and FD certificate is now with the bank. If the visa office calls the bank to verify the FD certificate won't that create a problem?

Any one with some experience on it, please share your views.

 

[OCEANDRIVE]

Hi
You cannot show your FD as a source of available fund that's not a valid source.