Dear Students, Mostly the standard query is how should we show financial solvability for Visa purposes?

To assist you all in preparing your financial documents , please read through the following carefully: Start preparing these documents once your admission is confirmed. 1 You must show as liquid assets a sum total of the amount =Tuition fees + living expenses 2 Living expense amount is calculated as per the embassy website as 460Euros*no of months of stay 3 Tuition fees are generally to be paid in installments. (The amount and periodicity of payment varies from institute to institute) 4 Among the documents of financial proof: Affidavit of support on a stamp paper attested by a Notary. This sponsorship may be from father/ mother/ both / relatives . This statement may be worded as follows: To whomsoever it may concern I Mr.-----Name of sponsor---- pledge to bear the financial responsibility to the tune of Rs---------(write in numerals and do not use the word lacs ) towards Mr/Miss----your names higher education in France. Signature of deponent or sponsor--Date---

You will need on the letter head of the bank, attested by the bank manger and stamped by the bank a statement which goes like:

To whomsoever it may concern Mr.---sponsors name ---has assets worth Rs-------- as deposits and investments in this bank. He has been a client with us since------date---. Proof of these assets is enclosed as attested photocopies. Signature of the bank Manager Stamp of the bank

In support of this attestation you will need things like: 1 Provident fund statement, photocopy attested by the bank 2 FDs , LIC policies surrender value certificate, mutual fund investments, Kissan Vikas patras etc ( all photocopies attested by the bank) 3 Current bank account statement. Attested by the bank etc. If you have an overseas sponsor, then please provide his sponsorship letter, amount that he Pledges for you education, proof of identity, address ,the payslip and last three IT returns In support of your financial solvability some students show immovable assets such as

Property Deeds or Fards for very old ancestral property. This just makes the financial statement heavy but strictly speaking the amount to be shown is only in transferable liquid money./movable assets. The better option is to avail of a bank loan with such property as collateral. Bank Loan certification on the letterhead of the bank or issuing authority.

To obtain a Bank loan please contact the SBI , it seems to give the best deal. However, the PNB and oriental Bank of Commerce amongst the Indian Nationalised banks offer really good deals on education loans, This is Northern India specific, please see in your respective zones which banks are the most hassle free in terms of loan processing Scholarship letter if any. Please make a covering letter as follows for these proofs: Financial document Enclosed Scholarship certification Bank Loan certification Net asset worth in movable assets PF statement FDs/LIC/etc Page number 1 2 3 4 5-whatever number.

Cost of my education inFrance Tuition+ living expenses is-----------

Total movable assets pledged towards this expenditure are Rs-------------

Sign at the bottom of the page stating that all information provided by you is authentic. IMPORTANT: DO NOT WRITE IN LAC TERMS PLEASE USE THE FULL DIGIT NOTATION Prepared by Archana Chaudhary