HOW TO OPEN A GERMAN STUDENT BLOCKED ACCOUNT
This post is an extension of our previous post- HOW TO APPLY FOR THE GERMAN STUDENT VISA IN INDIA. A lot of people came back to us asking for the procedure of opening the German Blocked Student account. Well, your wish is our command ….
STEPS FOR OPENING THE GERMAN STUDENT BLOCKED ACCOUNT
First and foremost, as per the latest rules, the German Student Blocked Account in India can be opened without visiting the German Consulate in your region. Yes, it’s true that now you do not need to get the application signed for opening the German Student Blocked Account from the embassy officer. Of course, the process is simple, but a little time consuming now.
Typically, every single student applying for the German Student Visa in India goes to Deutsche Bank, in order to apply for the blocked account. Hence, this post is taking Deutsche Bank as point of reference and all the steps hold true with respect to it.
So, here is what you need to do one step at a time-
Visit the nearest Deutsche Bank branch, you can visit any branch in India for that matter.
Tell them that you want to open the German Student Blocked Account, they will explain you the complete procedure.
You will first have to open a Savings Bank Account with the Deutsche Bank India, which has a minimum balance requirement of INR 100,000. Of course, you can maintain that balance by using INR 80,000 in Fixed deposits and rest in the Savings account as is.
Once you fill in the application for Savings Bank Account with the Deutsche Bank India, it takes about 3-4 working days before you get confirmation of opening of the account.
Next, you bring the completed application of the German Blocked Student Account to your local Deutsche Bank, where you have opened the account. The bank will verify your completed application and put a stamp of verification.
Next, you need to send the application for German Blocked account to the Hamburg Branch of Deutsche Bank, which is the main administrative branch.
You will be verified about the account opening and your account details via an email from the Deutsche Bank Germany in 7-10 working days typically.
Next, you need to transfer the funds in the blocked account, using the wired transfer. The amount varies from region to region. For example for the Chennai consulate it’s Euro 7905/-
Next, you will receive another email confirming your credit entry or transfer of funds.
You are all set to submit visa application. You need to submit both the pdfs received from Deutsche Bank Germany, that are account opening pdf and credit entry pdf.
Hope it helps!!