Is declaration of educational loan a liability?

[Abhii.7]

Hi guys,

Hope you all are doing great. I received an ITA on August 8 and almost on the verge of submitting my final documents. Since I have to declare my education loan (in the range of 20 lakhs), I'm kinda skeptical as to how it will affect my application?

My Dad, who happens to be the co-borrower is paying the loan and I transfer him money from time to time. Is that going to be a major concern?

Your opinion matters. Thanks very much.

 

[nikitha]

Hi guys,

Hope you all are doing great. I received an ITA on August 8 and almost on the verge of submitting my final documents. Since I have to declare my education loan (in the range of 20 lakhs), I'm kinda skeptical as to how it will affect my application?

My Dad, who happens to be the co-borrower is paying the loan and I transfer him money from time to time. Is that going to be a major concern?

Your opinion matters. Thanks very much.

Hi, just wanted to check did you show your educational Loan and how did it impact your application.