India, Jan. 20 -- The US plans to introduce a new visa rule for some foreign nationals, including those from Bangladesh and Bhutan, applying for business or tourist visas.

Visa Bond requirements are outlined in INA Section 221(g)(3) and the Temporary Final Rule (TFR) establishing the pilot program.

"Visa overstay rates are based on the B1/B2 overstay rates per the Department of Homeland Security's Entry/Exit Overstay Report," reads the US Department of State website.

The amount is determined at the time of the visa interview.

The applicant must also submit a Department of Homeland Security Form I-352. Applicants must agree to the terms of the bond through the Department of the Treasury's online payment platform Pay.gov.

Applicants sh...