My i20 amount is around 56k usd. 1.5 times of it comes close to 65L. Now, for visa is it okay to sh

Question

My i20 amount is around 56k usd.  1.5 times of it comes close to 65L. Now, for visa is it okay to show a loan of 50l and savings only 15-20l. (total around 65l)

will this pose any issues as the personal funds is quite less

M Garg · Answer

Hey guys , is 1.5 times of i-20 amount a rule or the visa officer can ask us to show more or less amount of funds??

M Garg · Answer

Also , in what way do we need to show these funds? Only liquid and deposits or we can show property ppf loan etc??

M Garg · Answer

Can we show ppf amount?

Prashanthi K · Answer

We have to take valuation certificate of property n then we can show

Priyadarshan Vijay · Answer

@sahanabha I'm facing the same situation right now. 1.5 times my i20 amount minus the scholarship for one year comes out to be nearly 63L for me. I'm showing a loan of 60L and savings of nearly 12-15L. Just one question, did you had any problems in getting the i20 issued with these funds?

Narra Monish · Answer

No that would be fine

VINAY JOSHI · Answer

@Manha  showing double amount of i20 is sage n chances of visa rejection will be reduced, though rule is of showing 1.5 times amount of i20. You can show this amount as loan, FD, Savings.... property you can't show.