Is Fixed Deposit Accepted for French Residency & Long Stay Visa?

01/07/2024

Question that inspired this post:

Hi guys please I need your advice. When applying for a France student visa, is it acceptable to show money as a fixed deposit?

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Based on the information provided in the search results, it is generally acceptable to show money as a fixed deposit when applying for a French student visa. Here are the key points:

1. Fixed deposits are mentioned as an acceptable form of proof of funds in several sources:

   1. The source states: "Using Fixed Deposit: You can even provide FD as proof it should be around 6 months old and the photocopy of the FD bond needs to be attested by the bank manager and IT return of last 2 to 3 years."

   2. The source mentions: "Sources that you can show as part of the France student visa application are savings, Fixed deposit, Education loan."

2. The primary requirement is to show that you have sufficient funds to cover your expenses during your stay in France. The minimum amount is typically €615 per month for the duration of your stay.

3. When using a fixed deposit as proof of funds, you should ensure:

   1. The fixed deposit is at least 6 months old.

   2. The photocopy of the fixed deposit bond is attested by the bank manager.

   3. You provide income tax returns for the last 2-3 years along with the fixed deposit proof.

4. If the fixed deposit is in your parent's or sponsor's name, you may need to provide additional documentation:

   1. An affidavit of support on a stamp paper (Rs.20) attested by a Notary.

   2. Sponsor's IT returns from the last 2-3 years.

   3. If the sponsor is employed, a copy of their office ID card or retirement certificate (if retired).

5. It's important to note that while fixed deposits are generally accepted, the French consular authorities have the final say in determining the acceptability of your financial proof. It's always best to provide as comprehensive and clear evidence of your financial capacity as possible.

Remember to check the most up-to-date requirements with the French embassy or consulate in your country, as visa requirements can change and may vary slightly depending on your country of residence.

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