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This is to certify that Mr. Your-name-here R/o your-address-here is the only son of his parents Shri your-
dad'sname-here and Shmt your-mom's-name-here. His family consists of his parents and his sister; he is
hence the sole heir.
Business Holdings
Company Name Particulars (Rs. Lakhs) (relation -here)
Ownership Value of Share
M/s xx xx xx & Co. xxx company 1/3rd share of xxxx xxx
at xxxx xxxx,New Delhi
M/s xxxx Co. xxxx company at 1/2 share of xx xxx
xxxx, xxxx Road, Delhi
TOTAL Xxx
Place: ……………………..
(CA-name)
Prop.
This colored space here represents the stamp portion of a stamp paper. To get a stamp paper, you need to
go to any of the Local court complexes at your city and the denomination of this particular stamp paper for
Visa purpose should be either Rs. 10 or Rs. 20. Although, there is nothing wrong to put in higher
denominations, it is not imperative….and could be deemed a waste.
This is done for about Rs. 26.00(including commission of stamp vendor for stamp paper of Rs. 20
denomination ) or Rs.14 (including commission of Stamp vendor for stamp paper of Rs. 10 denomination).
While purchasing the stamp paper, the stamp paper should be purchased for(i.e on the name of) “xxxxxxx”
where “xxxxx” is your sponsor and “for whom” should be written as “Self”. People usually type stamp papers
with the vendors at the court complexes, but they don’t do a neat work, so, it better to buy a blank paper
and then take it home and print it out.
After printing out the contents on the stamp paper(…I did it as I’d written below), you need to go to the
court complex in your respective city or to any Notary around your place and have him stamp in the area in
the below format marked by” Sworn and signed before me………….”. The notary usually charges around 20
bucks for this.
If there are two sponsors for you, then each sponsor should sign a separate affidavit. I read somewhere that
an affidavit of support is not required if parents are sponsors, but I don’t think it would hurt to spend 30-40
bucks on each stamp paper to give a complete financial proof. Isn’t it???
Affidavit of Support
I, xxxxxxxxxxxxxxxxx Resident of: zzzzzzzzz , do hereby solemnly affirm and state on oath as follows:
1. That yyyyyyyyy, who is seeking admission in <your University> for pursuing his <intended
course like M.S e.t.c.> is my son/daughter.
2. That I have the required financial resources to provide funds for my son’s/daughter’s education
at <your university> for the course tenure mentioned on the University I-20 and I undertake to
support him/her financially till he/she completes his/her education.
3. I hereby assure you that my son’s/daughter’s educational expenses would be met by me and
that he/she would not be a public charge on the American Government.
……….Signature………
(xxxxxxxxxxxxxxxx)
Deponent
Things to be kept in your mind while preparing the file and all the other document:
§ Take both copies of your I -20m (the School Copy as well as the Student Copy). SIGN both the copies.
§ Carry the original GRE & TOEFL Score reports and produce them when asked for your scores.
§ Carry the Bank Passbook/Bank Statement (Originals) of your sponsor...In Case of a distant Co-Sponsor,
you can carry the photocopies of these documents.
§ Originals of FDs of your main sponsor are required, whereas Photocopies of FDs of Co-Sponsor will
suffice.
FINANCIAL QUERIES
4. Is a CA Statement necessary?
A - Not at all necessary for Mumbai Consulate. I know of a few cases where the CA Statement was just
thrown aside by the VISA Officer in Mumbai. I think other Consulates still value CA Statements.
Bank Balance
Minimum : One Year's Expenses + 1,00,000 Rs
Maximum : One Year's Expenses x 1.5
Bank Fixed Deposits
Minimum : 3 -> 4 lacs
Maximum : 5 lacs + Gold Ornaments and other Jewellery
Minimum : 2.5 -> 4 lacs ( without evaluation )
Maximum : 5 -> 8 lacs ( with evaluation papers )
Annual Income
Minimum : 20 % of the total expenses of your full period of studies
Maximum : As much as u can show
13. Which should have more funds? savings acc or fixed deposits?
A - Ideally, the amount should be in savings as indicated above. However, its ok to have an equal amount
in both savings and fixed deposits. But its NOT advisable to keep a small amount (2-3 lakhs) in savings
and the rest in fixed deposits. It would make sense to break your FDs and put the money in your savings.
Its because they directly see the entries in your Passbook as to what is the amount reflected by your
current savings. They interpret the current savings as the money that you have to spend for immediate
expenses. So the bottomline is that whatever your fees be, even if you have full aid, your savings account
should reflect atleast 8 to 10 lacs.
Besides depositing money, also have frequent withdrawals to show that it is an active account. If getting
money before hand is really a pain, then you can resort to some techniques to patch up the recent, fat
entries in your passbook.
1) Show that you had given this money to some needy relative of yours for some time and that now
needed for your education, it has been taken back. Make a look-like -legal agreement on a notarized
paper(You have to stuff up the notary for this). And when talking about these papers to the VISA Officer,
be bold and confident as if the papers are as legal as your birth Certificate!!!..
2) You can have some documents showing, you had invested in some private firms coz they offer higher
rates of interest as compared to the banks. You can get some of your father's friends, who have a
company/firm of their own, to agree to make such a document. Remember to give a copy of the Receipts
to the person who issued them, as well..(just being extra cautious..they wont call up..but just in case)..
15. What about the drafts that I am supposed to carry along with to the Consulate?
A- You are supposed to carry two drafts with you to the Consulate. All the drafts are to be issued in Indian
rupee equivalent of the fees. The first draft is the VISA Application fees and the original amount is 45 US$,
and the second draft is the VISA issuance fees and the original amount is 75 US $. The drafts or the pay
orders have to be issued by any nationalised bank....Co-operative banks wont do. The drafts have to be
addressed to " American Consulate General". They should be payable at the city you are appearing for
your interview, I mean if you are appearing at the Mumbai Consul, it should be payable at Mumbai. Write
your name and address and passport number behind the drafts. Also carry the counterfoils of your drafts,
just in case the officers suspect the genuinity of your drafts!!!!