Recent changes in the parts of the financial documents:
It is important to confirm that the sale of property used as a source of funding was a real sale and transaction.
Persons receiving a salary are requested to provide any of the following:
Statements of your own bank accounts, itemised for the previous 12 months. Any salary accounts, savings accounts, or other bank accounts that you or the financial sponsors may have been included in this. If there are any sizable cash deposits, identify the source and offer supporting documentation:
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Employment confirmation letter
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Salary slips from the employer for the last 12 months
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PAN of the employee
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Income tax return for the last three of the employee
Bank statements from cooperative banks are not admissible because they are not registered with Nepal Rastra Bank and neither provide credibility.
Any income-related allegations that are not backed up by independent verification will not be recognized.
Common claims about the revenue and profit of a business require supporting documentation, which must be based on an audit report.
Audit reports that are not supported by additional independently verifiable documentation, such as ITRS, bank statements, PANs, and ownership confirmation, should not be taken seriously.
ICAN– The institute of Chartered Accountants of Nepal
First student loans should be genuine and should be from a specified A class bank category.
The loan should be disbursed before the visa is lodged and should not be cancelled after the visa grant.