Will I need to have a bank account with at least one lakh rupees to show funds for the student visa application in Germany/Italy?
No, having just one lakh rupees in your bank account is not enough to meet student visa financial requirements for countries like Germany or Italy.
- Germany: You typically need to show about €11,904 (around ₹11 lakh) for one year of living expenses, usually via a blocked account.
- Italy: You need proof of about €6,300 (approximately ₹5.7 lakh) per year for living costs.
Visa requirements are subject to change. You will need to show a higher balance as per the country’s criteria.
Cash income, business income or no ITR?
See whether your funds and documents will pass the German visa check.
More Student visa questions
- Is a loan sanction letter from the government regulated Indian Bank accepted for a UK student visa application?
- How much bank balance is needed for an Italy student visa after failing math in 12th grade?
- Can I call my husband on a dependent visa after I go on a student visa for my masters abroad in UK/Ireland?
- Is it possible for my son, who is currently in twelfth grade, to study in New Zealand next year for a Diploma?
- Which countries have less strict or different financial requirements compared to New Zealand, especially regarding funding duration?
- Can other family members act as financial sponsors if my father’s income is insufficient in Germany?
- Is it necessary to include a cover letter explaining my financial arrangement, which combines a loan and personal savings, for my German student visa application?
- Can you track an Employment Pass application on the MOM portal when your employer files it?
More Germany questions
- Other than Canada and Netherlands, are there better countries to study science and technology in Germany/Singapore?
- What are some effective online German language classes for Indian students preparing to study in Germany?
- Is Germany the best first priority country for my course and career scope for a Master's?
- Why is the dMAT subject module called Battery Science and Technology in Engineering?
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Can I target Germany, Italy, or the Netherlands for a master's in computer science without a computer science background?
- Is it possible to get a fully funded scholarship if he scores seven or above (seventy percent) in the third year in Germany?
- Does my 12th grade percentage affect my master's application in Germany/France for a Bachelor's?
