Thursday, January 9, 2014

All about BANK STATEMENTS !! EASY !!

MUST READ the COMPLETE POSTS . Most FAQ's are Answered at the Bottom  of this post.
You will need the Bank Statement in Two Cases . Case 1 : most of the US Universities while applying to them, saying that you are having sufficient funds to pursue your education at their University. Case 2 :  While applying for US VISA : B-1  - Tourist VISA  you have Sufficient Funds for Travel and Staying, F-1 being the funds for the Education . The amount they want is greater than or equal to the I20 ( Admission Confirmation which have Sevis Id on it ) .

For Prospective  Students :
First thing you need to know is , how much is the I20 amount for all the Universities you are applying ( make a check list ) .

Secondly , Some Universities do not process your application unless they receive this bank statement . Make a list of that kind of Universities ( among the universities which you are applying ) . Ask them again if they are going to process your application without that statement. ( drop a mail or call them directly using Magic Jack ( free application to call any US NUMBER ) and ask if they are going to process your application . most of universities process application but they will need financial proof ( it could be a bank statement or a Loan Letter of amount >= i20 amount of their Univ. )  to send your i-20.

Here are the Sample Bank Letters :




Thirdly , Coming to taking these kind of statement you have two options .

 1. You can make a fake statement with Name as  of the account holder : your Parent name,guardian name ( who ever is sponsoring you ) with the amount in the account >= i20 amount.

Make sure you have the Affidavit of support in name of your sponsor ( print the following document on a Rs.10 Bond Paper ( or the Bond paper of your Country ) and Do NOTARY from your local LAWYER where he sign and stamp a seal saying that the affidavit is  Genuine). here is the form for that . : https://www.dropbox.com/s/85uvdojcuxeipsa/AOS.docx?m=

2. You can deposit the amount on to your account and go to the bank manager to give the Bank statement of this kind. they will give you.

Finally , You will have to send this bank statement along with your other docs while sending the application.so, take the same statements as per your requirements.

For Business VISAS or Student VISAS the Bank  statement and affidavit are same .

*********FAQ's*********

1. I have taken the Bank Statement while sending applications and i had sent them , they have processed my application and i have got my I20 letter. Now, in order to book VISA Shall i take the Bank statement again?
Ans.
                
The US Consulate People require statements that are no more than 3 months old. Think this through though, if they do at some point ask for a more recent one and you show up with Low amount currently( which will be there in Last 6 months transactions list which you should take in to your interview as if that stands as a proof) , they will ask where the money went? They will think you have been trying to mislead them and probably scrutinize every document you have owned. Do you have savings in any other accounts? You can supply more than one and they don't have to be current account statements or the statement which you have taken earlier.

2.How Long is a Bank Statement VALID
Ans. 3 Months

3. Are these Bank 

If you have any other queries related to Bank statements Please comment on this post ( you will have the comment box on the Bottom of this post) and i will be happy to answer you . . and if your Queries are related to US VISA then this is the recent blog which i have made : http://allaboutusvisas.blogspot.com do check out and comment on any one post i will answer them.



 Author : Sampath ram kumar Putta.        
Make sure you follow the blog. !! any kind of suggestions, requests for new posts , are always welcome and are greatly appreciated !! . Feel free to share,Like,comment on this post. Helping hands are far better than praying Lips !  i wish you all Success. Do check out my other blogs !! i created one for IELTS to help people across the world reach their desired scores : Http://ieltsisveryeasy.blogspot.com . and i am really happy that 10 people scored above 7 bands overall(check the Score board on the facebook IELTS Discussion group :  http://www.facebook.com/groups/ieltsforall !! and  for USVISAS : http://allaboutusvisas.blogspot.com where in i have shared my Own VISA experience ( MUST Read ) and all other stuff related to VISA's and its processing. i hope you will really like it and its as easy as that ..! and there are many other posts related to Visa's ( like transfer of sevis, Step by step instructions for Booking VISA Slot, paying Sevis Fee, Filling Ds-160 form and Lot more !! ) .

Stay Tuned !

           Have a Great day ! 

3 comments:

  1. I have approached cedilla for education loan they are ready to provide me 1 lakh loan amount, and my father has 15 lakhs in the account which he collected from various sources for the sake of obtaining a statement(the amt in the bank may not be the same once i take the statement it will decrease)

    overall proof of funds i can show the university is 25lakh.

    Now, my problem is..

    1. credila people are asking me 40k to give the sanction letter.

    2. Bank statement am going to take in other 2 days.

    QUESTIONS:.

    1. can i provide both loan letter and bank statement as my overall proof of funds.

    2. Is that good paying 40k to the CREDILA for the sake of the letter before i could gain an admission in a university.

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete

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