Germany offers tuition-free education at public universities, making it a top destination for Indian engineers and IT professionals. However, the German embassy in India requires proof that you can sustain yourself financially. This is where the Blocked Account comes in.
As of 2026, you must deposit roughly €11,208 for one year (which is approximately 10 Lakhs INR). You will be allowed to withdraw €934 every month in Germany to cover your rent, food, and insurance.
In the past, Indian students used Kotak Mahindra or Deutsche Bank, which took months. Today, digital providers are the standard: Expatrio: Highly popular among Indians. They offer a "Value Package" which includes health insurance (TK) and a free German bank account. ...
Transferring 10 Lakhs INR abroad falls under the RBI’s Liberalised Remittance Scheme (LRS). You must pay TCS (Tax Collected at Source), though education loans have a lower TCS rate (0.5%). Always use services like Instarem or BookMyForex for better exchange rates than traditional Indian banks.
What is the required Germany blocked account amount for Indian students in 2026? For the 2026 academic year, Indian students are required to deposit a minimum of €11,904 (approximately ₹10.8 to ₹11 Lakhs depending on the currency exchange rate) into their German block...
Read the complete guide, eligibility criteria, and application process on our website.