#1  
17th January 2014, 11:50 PM
Unregistered
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Can bank show sanction letter of 2 Lakhs? an bank favour in getting Visa?


Hello, my question is related to bank loan... am planning to study abroad and want to take 100%loan, my expenses and college fee wil come up to 9lakh but for UK visa they want me to show 9600 pounds per year, so i have to show my living expenses alone 8lakh, so can i bank show a sanction letter of more 2 lakh, i mean can they help me for visa stuff... please advise...




  #2  
20th January 2014, 03:53 PM
ChakrabortyP
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Join Date: Dec 2013
Posts: 2,098
Default Re: Can bank show sanction letter of 2 Lakhs? an bank favour in getting Visa?

Technically, you can seek personal loan from some family member. Being a student, you might not get beyond fixed loan amount from the bank. Bank interest varies between 12 to 13 per cent annually. Incase of India, you can get a loan of Rs 10 lakh approximately while for abroad studies, Rs 20 lakh can be granted. Some banks can provide loans amounting Rs 1 crore against residential property like land.
Do you have any question? or have anything to say?





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