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After university admission, you need to apply for National Visa, Student Category at the German Embassy / Consulate. To apply for student visa application, you are required to provide the proof of sufficient funds to cover your living expenses in Germany.
So, Heaven Overseas Education will help you to open blocked account in German Bank. Please note that the process for the opening of a blocked account takes around 4 to 6 weeks. You are therefore advised to open the blocked account well in advance. There are two banks in which you can open a block account one is in Kotak Mahindra Bank and second is in Deutsche Bank.
Option 1 (Kotak Mahindra Bank)
To open a block account in Kotak Mahindra Bank, you just need to go to your nearest branch and request opening of a blocked account for a student visa for Germany.
Documents Required:
- Passport
- A copy of your passport's data page
- Bank account opening form (filled, not signed)
- Your admission letter, if applicable
Option 2 (Deutsche Bank)
For opening bank account in one of the German bank, you should submit the following documents.
Documents Required:
- Passport
- A copy of your passport's data page
- Bank account opening form (filled, not signed)
- Your admission letter, if applicable
- Fee: 20 EUR (payable in Rupees, cash only)
Option 3 (Fintiba - Digital Solution)
Fintiba is an officially approved German education marketplace that offers a fully digital blocked account solution. You can complete the entire process online from your home country.
- Quick online registration
- Accepted by all German authorities
- Includes health insurance options
Option 4 (Expatrio - Digital Solution)
Expatrio offers a digital blocked account solution accepted by all German authorities. The process is completely online and can be completed within a few days.
- Digital verification process
- Mobile app for account management
- Integrated insurance packages
Option 5 (Coracle Bank)
Once you have received the account opening form, please schedule an appointment at your German Mission for the attestation of your signature.
Contact Address:
- Malabar House, 15th Floor
- Nariman Point, Mumbai 400 021
- Tel: +91 22-1234 5678
Signature attestation for students, intending to open a BLOCKED ACCOUNT, will be done on Tuesdays and Thursdays only.
After the attestation, please return the application form for the blocked account to the bank in Germany and follow their further instructions.
Please submit the e-mail confirmation regarding the activation of your blocked account and the transfer of the amount at your visa interview.
Heaven Overseas Education will help you with the process to open Block account by either bank.