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if loan is against friend's FD. then it would create any effect on getting visa?

sameermiddha

Newbie
Oct 5, 2011
3
0
if loan is against friend's FD. then it would create any effect on getting visa?

it is safe to get loan against friends FD ??
 

neeraj1985

Star Member
Sep 10, 2011
176
5
New Delhi
Visa Office......
New Delhi
Job Offer........
Pre-Assessed..
IELTS Request
Band 8
Hi Sameer,

If the loan sanction letter from the bank includes this information that a third party's FD has been mortgaged for the Education loan then it would definitely impact your VISA application.

If you can try get the FD transferred (considering your friend agrees to it) to your name or may be to your brother/sister's name or parents name in India..then there is nothing like it...

Best of luck !!!
 

jassi89

Hero Member
Aug 8, 2011
369
53
Dehradun
Visa Office......
New Delhi
Job Offer........
Pre-Assessed..
App. Filed.......
re-applying
IELTS Request
6
Med's Done....
Pre Medical
VISA ISSUED...
This time hoping..
LANDED..........
Jaddon rabba chahega...
you will only get the loan if and only if FD is on your name...Bank will never grant loan on others fd...
 

enfield

Champion Member
Aug 2, 2011
2,693
215
Job Offer........
Pre-Assessed..
jassi89 said:
you will only get the loan if and only if FD is on your name...Bank will never grant loan on others fd...
Hi,


exactly !!

There is no question for Public sectors banks (India) to even entertain application seeking loan against other's FD. It’s more like a criminal forgery.