do high transaction needs source?? (about where it came from in bank)??

[milanmertz]

i am applying for this September intake. i have already paid my tution fees and all my documents are ready to apply visa.

i took education loan against fixed deposit (rs 25 lakh )from Bank.
Actually we collected 25 lakh from our relatives and selling jewelry. and we directly deposited to bank (cash deposited ) and i took loan from it. My institute says we have to show source for 25 lakh which is high transaction. and they say that the funds from relatives n jewelry doesnt work as a source.

m so much worried.

fixed deposite date : 3rd april 2015
loan against FD date : 19th april 2015

do i get rejected if i cannot show source??

 

[Dennia]

Can i know which institute is asking fr such funds in fixed deposit? As far as ur study permit is concerned, an institute has nothin to do with ur approval,other than providing u acceptance letter and 1st sem tuition fees paid receipt.

If ur student frm India, you have to show a GIC of 10,000CAD (5.5 lakh approx) in Scotiabank and 1st sem fees paid, in order to get a study permit frm CIC. There are very less chances for you to get rejected as long as u can show these funds.

CIC is not bothered how you deposit these funds, as long as they are available.