UK visit visa with an ongoing bank loan
I have an ongoing bank loan and I have been paying monthly installments for it for more than a year now. I recently got a top-up on the loan (in July), which means a big transaction in the bank statement. This is my salary account where my salary is deposited.
I want to apply for a UK visit visa this month as well. My account had sufficient funds to cover the cost of the trip prior to the top-up. And the reason for top-up is not to cover the cost of the trip. Will it be considered as funds parking? Given that the loan was ongoing and I just had a top-up.
I have visited the UK twice previously and have a good travel history (including the US).
Best Answer
And the reason for top-up is not to cover the cost of the trip. Will it be considered as funds parking?
Provide the proper documentary proof of this incoming transaction and a reason as to why this has come in at a time you are printing your bank statements. Also provide evidence of the fact that you can afford the trip without that money and explain that you do not intend to spend that money on your trip.
And there is no reason it will be considered funds parking then.
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Does personal loan affect visa application UK?
Can credit card or personal loan debt affect my visa application? No, if you have outstanding debts in the form of credit cards or personal loans, there is no reason for this alone to negatively affect your visa application.Does loan affect your visa?
They can not do anything in embassy. And CIBIL up-dation has no relevance. You can go whenever you want to.How much bank balance is required for UK visit visa?
Therefore, applicants need to show availability of sufficient maintenance funds (such as GBP3,000-5,000 in their bank account) to cover the cost of travel, living and accommodation in the UK. Normally, for a single person, the minimum cost of one week's trip is GBP 1,200-1,800/-.Does UK Embassy verify bank statement?
The Embassy does not check bank statement in case of every applicant. It is done on random basis or in case of doubt. I have seen myself in my case when going to UK on student visa.How to Maintain Bank Statement For UK Tourist Visa
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