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In Principle Loan Sanction letter

contactraj

Newbie
May 6, 2019
6
0
Hi, I am applying for education loan and bank is willing to provide In Principle loan sanction letter immediately. Whether I can use this letter to apply study permit.

Actual sanction letter will take 2-3 weeks. Hence checking whether I can apply with this in principle sanction letter. If anyone got their visa process using in principle letter please provide details.

Thanks
 

Akashsharma1313

Star Member
Jul 20, 2019
67
12
No, You have to wait for sanction letter..In the principle loan sanction letter they mention term and conditions.So its statement in which student get loan after paying close eye on your documentation. Embassy will not consider this principle loan sanction letter as education loan.
 
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anonymous4056b

Full Member
Dec 17, 2019
46
0
No, You have to wait for sanction letter..In the principle loan sanction letter they mention term and conditions.So its statement in which student get loan after paying close eye on your documentation. Embassy will not consider this principle loan sanction letter as education loan.
Hi
Did u or do u know anyone who faced a problem for visa when they submitted a principle loan sanction letter?
Because in other threads and forums, people say it's ok to provide the principle letter as long as the loan number is written on it with the terms and conditions of repaying the loan.
Thanks