Third Party Loan

[prash84]

Will a third party loan be an issue for the visa??

I have taken loan with my aunt as a guarantor.

 

[peep]

i think u have to face refusal in india.Canadian embassy people just want that the student's supporter will be his/her parents

 

[prash84]

my aunt shares the same surname/family name. Wouldnt that help??

 

[peep]

nope dude in loan sanction letter u have to mention gurantor relation in bracket ur refusal would be that u elr not well established in urchome country

 

[prash84]

then how do i show the loan dude? i donot have funds to take a loan against fd for 15 lacs

 

[prash84]

please reply....

 

[theamandeep]

then how do i show the loan dude? i donot have funds to take a loan against fd for 15 lacs

you may get loan against property or F.D ,if both you don't have then ask your agent to arrange ,they may charge about Rs. 50000 for loan , that loan works in often cases and I have seen visa with that "jugaru " loans.

ask your aunt and to give cash to you for 2 months and take loan against that , However, If she agrees
try jugaru loan If you don't have any other way.

best of luck.

 

[Lize]

In my opinion you can do this:

Take that loan with your aunt as a guarantor (I think banks only accept blood members of your family), (parents , aunts).
BUT also , show your parents income , as well some kind of property they may have.

This may work if you are young due you rely entirely on your family.

One friend of mine took a loan using following the steps mentioned above.