Is a combination of 16 lakhs education loan and 30 lakhs savings sufficient as financial proof for German visa?
Yes, a combination of a ₹16 lakh education loan and ₹30 lakh in savings is more than sufficient to meet the financial requirements for a German student visa.
The German government typically requires proof of around €11,904 (about ₹11 - 12 lakh) to cover one year of living expenses. Your total funds far exceed this threshold.
- Education loan: Submit the official sanction letter from your bank.
- Savings: Provide recent bank statements showing your balance and account details.
Visa requirements are subject to change.
Cash income, business income or no ITR?
See whether your funds and documents will pass the German visa check.
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