indian financial checklist - admissions

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Issued 20 May 2019 CRICOS Provider No: 01241G Page 1 of 3 INDIAN FINANCIAL CHECKLIST Student name Date of Birth Agent (Agency) Business Name You should provide evidence of funds as outlined below. This checklist will assist you to calculate required funds. For information on the financial capacity requirement see http://www.border.gov.au/Trav/Stud/More/Student-Visa-Living-Costs- and-Evidence-of-Funds. Instructions: Please complete this checklist and return it together with your financial documents requested to [email protected] All documents must be certified by the Financial Institution, Bank, a Notary Public or your Education Agent. If you are providing bank statements, they must be for the last 6 months ONLY and should be a summary. No more than 10 pages will be accepted. Expenses Required funds (AUD) Funds available (Please specify in AUD) Funds required for your 12 months’ tuition and living costs AUD $55,000 Add for accompanying dependants Spouse or partner Please add $7,362 Children Please add $3,152 per child TOTAL (AUD) Evidence of Financial Capacity – You must provide one of the following Sufficient funds to cover your travel costs and 12 months of living and tuition fees for you (as above AUD $55,000) plus accompanying family members and school costs for any school aged dependents . Source of funds Acceptable evidence includes: Your bank statements or deposit certificates from a recognised financial institution A signed undertaking from a private sponsor that includes an explanation of the relationship between the applicant and sponsor and evidence of financial capacity as above (maximum of 2 sponsors). Note: For married couples, if main applicant is male, funds must be from male side of the family. If main applicant is female, funds must be mainly from the male side of the family (in-laws) but may include some funds from 1 source on the female side. A signed undertaking from a scholarship provider detailing the value and conditions of the scholarship Documentation of a loan from a recognised financial institution o Loan evidence should include: Loan confirmation letter Evidence that the funds have been deposited/disbursed Please specify fund source (choose 1 of the above): Student declaration I declare that all information provided is true and correct. Agent Declaration I confirm that I have checked the financial documents provided and that they meet SCU requirements Sign Sign Date Date

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Page 1: INDIAN FINANCIAL CHECKLIST - Admissions

Issued 20 May 2019 CRICOS Provider No: 01241G Page 1 of 3

INDIAN FINANCIAL CHECKLIST

Student name Date of Birth

Agent (Agency) Business Name

You should provide evidence of funds as outlined below. This checklist will assist you to calculate required funds. For

information on the financial capacity requirement see http://www.border.gov.au/Trav/Stud/More/Student-Visa-Living-Costs-

and-Evidence-of-Funds.

Instructions:

Please complete this checklist and return it together with your financial documents requested to [email protected] All

documents must be certified by the Financial Institution, Bank, a Notary Public or your Education Agent. If you are providing

bank statements, they must be for the last 6 months ONLY and should be a summary. No more than 10 pages will be

accepted.

Expenses Required funds (AUD) Funds available

(Please specify in AUD)

Funds required for your 12 months’ tuition and living costs AUD $55,000

Add for accompanying dependants Spouse or partner Please add $7,362

Children Please add $3,152 per child

TOTAL (AUD)

Evidence of Financial Capacity – You must provide one of the following

Sufficient funds to cover your travel costs and 12 months of living and tuition fees for you (as above AUD $55,000)plusplus and your plus accompanying family members and school costs for any school aged dependents .

Source of funds

Acceptable evidence includes:

• Your bank statements or deposit certificates from a recognised financial institution

• A signed undertaking from a private sponsor that includes an explanation of the relationship between the

applicant and sponsor and evidence of financial capacity as above (maximum of 2 sponsors).

Note: For married couples, if main applicant is male, funds must be from male side of the family. If main

applicant is female, funds must be mainly from the male side of the family (in-laws) but may include some funds

from 1 source on the female side.

• A signed undertaking from a scholarship provider detailing the value and conditions of the scholarship

• Documentation of a loan from a recognised financial institution

o Loan evidence should include:

• Loan confirmation letter

Evidence that the funds have been deposited/disbursed

Please specify fund source

(choose 1 of the above):

Student declaration

I declare that all information provided is true and correct.

Agent Declaration

I confirm that I have checked the financial documents

provided and that they meet SCU requirements

Sign Sign

Date Date

Page 2: INDIAN FINANCIAL CHECKLIST - Admissions

Issued 20 May 2019 CRICOS Provider No: 01241G Page 2 of 3

Approved Indian Banks. Please tick which bank you are using below. Only these banks are acceptable.

Home Affairs monitors the financial sectors in India, Nepal, Bangladesh and Bhutan and accepts financial institutions which meet the regulatory requirements. The Regulations define the term 'financial institution' for the purposes of student visa applications as:

financial institution is a body corporate, that, as part of its normal activities takes money on deposit and makes advances of money;

a) under a regulatory regime:

i) governed by the central bank (or its equivalent) of the country in which the body corporate operates; and

ii) that the Minister is satisfied provides effective prudential assurance; and

b) in a way that the Minister is satisfied complies with effective prudential assurance requirements.

SBI Bank

Public Sector Banks

Allahabad Bank Indian Overseas Bank

Andhra Bank Oriental Bank of Commerce

Bank of Baroda Punjab and Sind Bank

Bank of India Punjab National Bank

Bank of Maharashtra State Bank of India

Canara Bank Syndicate Bank

Central Bank of India UCO Bank

Corporation Bank Union Bank of India

Dena Bank United Bank of India

Indian Bank Vijaya Bank

Private Sector Banks in India

Axis Bank Ltd Jammu and Kashmir Bank Ltd

Bandhan Bank Ltd Karnataka Bank Ltd

Catholic Syrian Bank Ltd Karur Vysya Bank Ltd

City Union Bank Ltd Kotak Mahindra Bank Ltd

DCB Bank Ltd Lakshmi Vilas Bank Ltd

Dhanlaxmi Bank Ltd Nainital Bank Ltd

Federal Bank Ltd RBL Bank Ltd

HDFC Bank Ltd South Indian Bank Ltd

ICICI Bank Ltd Tamilnad Mercantile Bank Ltd

IndusInd Bank Ltd YES Bank Ltd

IDFC Bank Ltd IDBI Bank Ltd

Regional Rural Banks

Andhra Pradesh Grameena Vikas Bank Vidharbha Konkan Gramin Bank

Andhra Pragathi Grameena Bank Maharashtra Gramin Bank

Chaitanya Godavari Grameena Bank Manipur Rural Bank

Telegana Grameena Bank Meghalaya Rural Bank

Saptagiri Grameena Bank Mizoram Rural Bank

Arunachal Pradesh Rural Bank Nagaland Rural Bank

Assam Gramin Vikash Bank Utkal Grameen Bank

Langpi Dehagani Rural Bank Odisha Gramya Bank

Bihar Gramin Bank Puduvai Bharathiar Grana Bank

Madhya Bihar Gramin Bank Malwa Gramin Bank

Uttar Bihar Gramin Bank Punjab Gramin Bank

Page 3: INDIAN FINANCIAL CHECKLIST - Admissions

Issued 20 May 2019 CRICOS Provider No: 01241G Page 3 of 3

Chattisgarh Rajya Gramin Bank Sutlej Gramin Bank

Baroda Gujarat Gramin Bank Baroda Rajasthan Kshetriya Gramin Bank

Dena Gujarat Gramin Bank Pallavan Grama Bank

Saurashtra Gramin Bank Pandyan Grama Bank

Sava Haryana Gramin Bank Tripura Gramin Bank

Himachal Pradesh Gramin Bank Allahabad UP Gramin Bank

Ellaquai Dehati Bank Gramin Bank of Aryavart

Jharkhand Gramin Bank Baroda UP Gramin Bank

Vanachal Gramin Bank Kashi Gomti Samyut Gramin Bank

Kaveri Grameena Bank Prathama Bank

Karnataka Vikas Grameena Bank Purvanchal Bank

Pragathi Krishna Gramin Bank Sarva UP Gramin Bank

Narmada Jhabua Gramin Bank Uttarakhand Gramin Bank

Central Madhya Pradesh Gramin Bank Bangiya Gramin Vikas Bank

Paschim Banga Gramin Bank Uttarbanga Kshetriya Gramin Bank

Kerala Gramin Bank

Foreign Banks

ANZ DBS Bank Ltd

National Australia Bank United Overseas Bank Ltd

Westpac Bank FirstRand Bank Ltd

Bank of Bahrain and Kuwait BSC Shinhan Bank

AB Bank Ltd Woori Bank

Sonali Bank Ltd KEB Hana Bank

Bank of Nova Scotia Industrial Bank of Korea

Industrial and Commercial Bank of China Bank of Ceylon

BNP Paribas Credit Suisse A.G.

Credit Agricole Corporate and Investment Bank CTBC Bank Co Ltd

Societe Generale Abu Dhabi Commercial Bank Ltd

Deutsche Bank Mashreq Bank PSC

HSBC Limited First Abu Dhabi Bank PJSC

PT Bank Maybank Indonesia TBK Emirates MBD Bank PJSC

Mizuho Bank Ltd Barclays Bank Plc

Sumitomo Mitsui Banking Corporation Standard Chartered Bank

The Bank of Tokyi The Royal Bank of Scotland PLC

Cooperative Rabobank U.A. American Express Banking Corp

Doha Bank Bank of America

Qatar National Bank SAQ Citibank N.A.

JSC VTB Bank JP Morgan Chase Bank N.A.

Sberbank