Blocked Account Amount for Germany
For studying in Germany or any other foreign country, you need to prepare for it. One of the important steps in your journey is demonstrating that you can support yourself financially during your time there. For international students coming from countries such as India and others, this often means getting a blocked account. But what it is? how to set it up? What amount must be deposited? Etc are the questions that come to the minds of students who are not aware of it. On this page, you will find everything regarding the blocked account amount for Germany and other details.
What Exactly is a Blocked Account?
A Sperrkonto, or blocked account in Germany, is a financial requirement set by immigration authorities to demonstrate sufficient funds for living expenses. It functions as assurance that an individual has sufficient funds to sustain himself/herself in Germany during the period of study. Funds in the account are “blocked” until the individual enters Germany and are allowed to be withdrawn in a fixed amount every month.
This is a mandatory requirement for visa applications. You will need a blocked account to demonstrate the ability to support yourself if you do not have a scholarship or German sponsor.
How Much is the Blocked Account Amount for Germany?
In 2024, the blocked account amount for Germany was updated. The new blocked account amount for Germany has increased to 11,904 euros per year, ₹11,64,270.72 per year (or about ₹97,022.56 per month). That breaks down to 992 per month, earlier which was 934 euros per month. This is the minimum monthly amount set by German authorities for international students to meet their living expenses.
This amount can be changed over time with an increase or decrease based on inflation or cost of living. Hence, always check for the updated amount before applying for your visa.
The new blocked account amount for Germany is an increased sum, so that international students can adequately cover the cost of living. If you are going to PFH University or any other recognized institution in Germany for your study, then you need to take this figure blocked in account for visa filing.
How to Open a Blocked Account?
You can open a blocked account easily from your country. Several German and international banks, and some certified financial service providers, offer this service for students.
Some of the commonly used providers are:
- Fintiba
- Coracle
- Expatrio
Indian students generally prefer service providers like Fintiba or Expatrio for their speed and convenience.
Step-by-Step: How to Set Up Your Blocked Account
Here is what you must do to set up your account:
- Choose a Provider: A service provider which is approved by German authorities must be selected for your blocked account.
- Sign Up Online: Register an account with the service provider, uploading all documents needed (passport, admission letter, etc.).
- Preliminary Approval: Once your documents have been accepted, an approval confirmation and bank details are sent to you.
- Transfer the Funds: Add money to the blocked account for Germany of 11,904 euros. Provider fees may apply, so take these into consideration as well.
- Receive Confirmation: Receive the confirmation document / blocking confirmation when the funds are credited. You will submit this with your visa application.
How Do You Transfer the Funds?
SWIFT transfer can be used to transfer the funds from any international bank to a blocked account. IBAN, SWIFT code, and reference number are required for the transfer process which are given by providers.
It usually takes 2 to 5 working days for the funds to reflect in your blocked account. Additionally, you must make sure of the following points as well:
- Convert INR to EUR from a reliable bank or foreign exchange provider.
- Extra fees such as international transfer charges are levied.
- Share your payment receipt with your blocked account provider.
Alternative Proof of Financial Resources
Apart from a blocked account which indeed is the most common method, there are other ways that can prove your financial resources:
- Scholarship Certificate: A certificate of full scholarship that covers your living expenses.
- Declaration of Commitment (Verpflichtungserklärung): A document signed by a sponsor living in Germany who pledges to cover your expenses.
- Parent’s Income Documents and Bank Statements: It is used in rare cases and in special circumstances.
These options may require additional documentation as well. The minimum amount for blocked account in Germany still stays to be the universally accepted and preferred method.
How Do You Access the Money Once You’re in Germany?
Once you have settled in Germany and registered your local address (Anmeldung), you can open a regular current account (Girokonto). The provider of the blocked account will begin releasing a set amount – presently 992 euros monthly – into your current account to meet monthly expenses like rent, groceries, health insurance, and public transport.
Take a note:
- Withdrawing the entire blocked account amount at once is not allowed.
- If you leave Germany or receive a scholarship halfway, you can request an early unblocking of the remaining amount (with adequate documentation).
Conclusion
Opening a blocked account is a mandatory as it is required with your student visa application. Applicants must ensure the exact amount for the blocked account Germany before submitting their student visa application. The updated blocked account amount for Germany is, 11,904 euros per year or 992 euros per month. It is good to choose a provider who is certified, then transfer the full amount, and keep all confirmations.
Frequently Asked Questions
As of 2025, the Germany blocked account amount for international students stands at 11,904 euros per year.
Yes, the providers allow you to open and fund your account from India in online mode.
Yes. If you do not have alternative financial evidence, all students are required to show 11,904 euros per year.
Without proof of funds, your visa will likely be denied. However, you explore scholarships, get a sponsor, or seek financial aid.
No, but you need to put funds for the duration of your stay.
If you’re applying to PFH University, their international office in India will be able to assist you with this process.