Proof of Funds
Prospective
F-1 Visa Indian student at visa interview is required to demonstrate Proof of
Availability of Funds.
O- Visa Officer at US Embassy need to be sure that the
student can live in the US and pay his tuition fees and meet living expenses
mentioned in I-20, without working.
O- Availability
of Funds can be demonstrated either by parent’s sponsorship or by the student
directly with supporting proofs.
O- All funds must be readily accessible and liquid, such as-
>>Bank Savings Accounts
>>Bank Fixed deposits
>>Minimum education loan.
>>Government Bonds and Units.
>>Provident fund amount with
proofs.
>>Surrender Values of Insurance
Policies.
O- Remember Investments, Shares with fluctuating values are
generally not recommended as viable proof of funds.
O- Gold is also not recommended for visa unless
supported by actual purchase proofs*.
"All
the above information is taken from official sources and simplified for better
and easy understanding."
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