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Borrowing money from a bank

hoyoca

Newbie
May 7, 2018
1
0
Can I borrow money from a bank to apply for study permit and pay my studies (first year only)?
 

Johnsnow 007

Champion Member
Jan 6, 2018
1,558
569
Nigeria
Can I borrow money from a bank to apply for study permit and pay my studies (first year only)?

That will be taking an educational loan and you need to show a letter from the bank showing the details concerning the loan and it should amount to cover both your tuition fees and living expenses

On the other hand, if you taking a loan to put into your bank account in order to get a bank statement, it shouldn't be deposited once but at intervals otherwise the VO would eventually know its a borrowed money which might lead to a refusal

..not just for the first year only but you have to plan also for the subsequent year, I guess maybe you've a plan B laid down
 
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PARAM-

Star Member
Apr 5, 2018
174
39
but you will still need to provide proofs that you can pay for your study like a bank loan for whole study. yes these days bank give money for whole study even for GIC. For Example, HDFC read there it on site here http://www.hdfccredila.com/abroad/canada.html

if you are not from india. you can still find bank in your country