TO WHOM SO EVER IT MAY CONCERN

I, YERRAMILLI KANAKAMAHALAKSHMI PRASAD, A FELLOW MEMBER (Reg.No. 208837) of the

Institute of Chartered Accountants of India residing at Visakhapatnam, Certify that I have reviewed the
Financial position of Mr. BALA GANGADHAR RAO ARJI (Father of the Student), Mrs.SRI DEVI ARJI
(Mother of the student) and Mr.ARJI SAI KIRRAN-PassportNoT8560550 (Student),presently residing at
Sampath Enclave, DNo: 39-8-21/17, Muralinagar, Visakhapatnam, Andhra Pradesh-530007, India With
a view to establish their ability to pay the educational costs of Mr.ARJI SAI KIRRAN (Student) 's for Chemical
and Pharmaceutical Engineering at UNIVERSITY OF GRAZ, UNIVERSITATSPLATZ 3A, A-8010 GRAZ
which has been estimated to be Euro € 2991.68 per Course and Euro € 13323.12 per Annum towards
student residence permit.

S.No. Sources of Funds IND. Rs. Euro € Annexure No.

A. Family Savings from India:

1
Bank Balance and Liquid funds 6,91,944 7,632 ANNEXURE - I
B. Other Funds:

2 Current Annual Income 3,69,250 4,073 ANNEXURE - II

3 Immovable Properties 10952000 120803 ANNEXURE-III
Educational Loan from
4 DhanalaxmiBank 9,80,000 10,810 ANNEXURE-IV
5 Movable Properties in India 2,70,400 2,983 ANNEXURE-V

Total 1,32,63,594 1,46,301

Exchange Value of
Rupees: 90.66 Per Euro €

Signed By

Printed Name : Y.K.M.PRASAD

ICAI Registratioin No.

: 208837
UDIN : 23208837BGYMON5434
Date : 11-05-2023
The following Documents have been verified in support of the above amounts.

ANNEXURE - I
1) BANK BALANCES & LIQUID FUNDS:

Bank & Branch A/c. No. Balance (Rs.) Remarks

(a) Bank balance with DhanalaxmiBank, CBM Compound , 4,55,784.21 as per bank Bank
Visakhapatnam-530013 bearing Savings Bank Account Statement
Number - 017300100008830 in the name of Mr. Arji Dt.11.05.2023
Balagangadhar Rao (Father of the Student)
(b) Bank balance with DhanalaxmiBank, CBM Compound , 34,831.77 as per bank Bank
Visakhapatnam-530013 bearing Savings Bank Account Statement
Number - 017300100100371 in the name of Mr. Arji Sri Devi Dt.10.05.2023
(Mother of the Student)
(c) Bank balance with DhanalaxmiBank, CBM Compound , 2,01,328.13 as per bank Bank
Visakhapatnam-530013 bearing Savings Bank Account Statement
Number - 017300100104847 in the name of Mr. Arji Sai Kirran Dt.10.05.2023
(Name of the Student)

Total Movable Properties INR 6,91,944

Equivalent to Euro € Euro € 7,632

ANNEXURE - II

2) CURRENT ANNUAL INCOME:

Sl.No. Description Amount in Rs. Remarks

1 Annual Income as Per Income Tax Return in the name of As per Income Tax
Mr.Arji Balagangadhar Rao (Father of the Student) 3,69,250 Acknowledgement
Total Movable Properties INR 3,69,250
Equivalent to Euro € Euro € 4,073
 ANNEXURE - III
3) IMMOVABLE PROPERTIES

Amount (Rs.) Remarks

(a) Present market value of Vacant Site at S.No.205/1 of Vellanki 26,72,000.00 as per Valuation
Village and Gram Panchathi, LP.No.15/2000, Plot Report
No.114,(BLP PlotNo.123) Anandapuram Mandal, Dt.02.05.2023 of
Visakhapatnam District in the name of Smt. Arji Sri Devi B.Mutayala Rao
(Mother of the Student)
(b) Present market value of Vacant Site at S.No.325/2,Patta 16,00,000.00 as per Valuation
No.1693, Plot No,123,Sai Nagar,Korukonda Report
Village,VIZIANAGARAM District in the name of Sri. Arji Dt.02.05.2023 of
Balagangadhar Rao (Father of the Student) B.Mutayala Rao
(c) Present market value of RCC residential Flat No.1 Ground 30,80,000.00 as per Valuation
Floor Laxmi Castle,B.S.Layout, Visakhapatnam-530013 in Report
the name of Sri. Arji Sri Devi (Mother of the Student) Dt.02.05.2023 of
B.Mutayala Rao
(d) Present market value of RCC residential Flat No.C Third Floor 36,00,000.00 as per Valuation
Sampath Enclave,Muralinagar,Madhavadara Visakhapatnam- Report
53007 in the name of Sri. Arji Balagangadhar Rao (Father of Dt.02.05.2023 of
the Student) B.Mutayala Rao
Total Movable Properties INR 1,09,52,000
Equivalent to Euro € Euro € 1,20,803

ANNEXURE - IV
4) Educational Loan from DhanalaxmiBank
Education Loan From DhanalaxmiBank 9,80,000.00 as per Sanction
Visakhapatnam/0173/APR/1/2023-24 Dt:24.04.2023 Letter
Total Movable Properties INR 9,80,000
Equivalent to Euro € Euro € 10,810

ANNEXURE-V
5) MOVABLE PROPERTIES
1 Estimated value of Gold articles 2,50,200.00 Declared by Applicant
2 Cash on hand 20,200.00 Declared by Applicant

Total Family Savings & Liquid Funds INR 2,70,400

Equivalent to Euro € Euro € 2,983