Financial Ability Certificate for the purpose of Visa

I, Kanchayani Ravi kumar, Associate member of The Institute of Chartered Accountants of India, do
hereby certify that, I have reviewed the financial condition of Mr. Muthyala N Arun Kumar S/o
Muthayla Srinivasarao with a view to establish his ability to pay the educational costs to do Master’s
in Science in Supply Chain Management at Dublin Business School in Dublin, 13/14 Aungier Street
Dublin 2, Ireland, D02 WC04-4177500 which have been estimated to be Euro € 23,500 for an academic
year. The position of the savings, income and assets of the family of the student is as under.

S.No Source of Funds Annexure No In Indian (Rs) In Euro (€)

1 Savings in India 1.0 Rs 14,85,326 € 16,322
2 Immovable Properties in India 2.0 Rs 2,51,52,000 € 2,76,396
3 Education loan sanctioned by bank 3.0 Rs 20,00,000 € 21,978
Total Rs 2,86,37,326 € 3,14,696

1. This certificate is issued at the request of the applicant relying upon the copy of documents
produced to me and without risk and responsibility of my part.
2. Exchange rate of Rs. 91.00 per Euro € adopted.
3. Amounts are rounded off to nearest Rupee or Euro € as the case may be.
4. The applicant Mr. Muthyala N Arun Kumar is being sponsored by his father & mother

Date:28-11-2023

UDIN: 23254163BGYMDU9237
 Annexure 1.0 Savings in India
1.1 Savings in the form of Bank Balance in Savings Account with
Canara Bank A/c No. 110083609502 Rs 2,05,526/-
held by Mrs. Mutyala Prameela Rani
(Mother of the Applicant)

1.2 Income earned by Mutyala Prameela Rani in previous

financial year 2022-2023 as per income tax returns Rs 7,31,400/-
vide Ack No; 467879060301023 dated on 30-10-2023
(Mother of the Applicant)

1.3 Income earned by Mutyala Rambabu in previous

financial year 2022-2023 as per income tax returns Rs 5,48,400/-
vide Ack No; 496896320011123 dated on 01-11-2023
(Paternal Uncle of the Applicant)

Annexure 2.0 Immovable Properties in India

2.1: All that the Agricultural Lands Bearing Survey Nos. 110-1-B, 1266,
1407-4,22-3A,9-2-D, measuring 6.03 Acres, at Chintalapudi, Rs 1,80,90,000/-
West Godavari (AP).
(Mother of the Applicant)
- As per Valuation report of A Apparao

2.2 The fair market value of H.No. 13-189, measuring an area of 400 Sq.yds,
with a Builtup area of1931 Sft on each floor (Total Plinth area is 3862 Sfts), Rs 70,62,000/-
at Gantavari Street,Chintalapudi, W.G District (AP)
(Mother of the Applicant)
- As per Valuation report of A Apparao

Annexure 3.0 Education loan sanctioned by bank

3.1 Education loan is sanctioned by Canara Education Loans Rs 20,00,000/-
- Loan is guaranteed by Mrs. Muthyala Prameela Rani

UDIN: 23254163BGYMDU9237

Date: 28-11-2023