Germany blocked account calculator
The rupee amount you need for the German blocked account, including provider fees and your bank's transfer charges.
German Blocked Account Cost Calculator
Calculate the exact Indian Rupee outflow needed to open and fund your German blocked account.
Provider comparison
| Provider | Setup fee | Monthly fee | Health insurance | Est. total (INR) | |
|---|---|---|---|---|---|
| Expatrio | €119.00 | €9.00/mo | Included | ₹11,06,906 | Explore → |
| Fintiba | €159.00 | €9.90/mo | Not included | ₹11,11,503 | Explore → |
| Coracle | €99.00 | Free | Included | ₹10,95,322 | Explore → |
Blocked account FAQs
Does the amount need to be refilled every year?
You only need to show the account for the first 12 months of your study visa. For subsequent years, you can prove financial capability through savings, side-jobs, parents' income, or loans — a full refill is rarely required unless your local Ausländerbehörde specifically asks for one during a visa extension.
Do I still need one if I hold a DAAD scholarship or a loan?
No. An official award letter for a recognized scholarship (e.g. DAAD) covering at least €992/month exempts you. An Indian education loan sanction letter also works as valid financial proof — you don't have to deposit the money upfront.
Who controls the funds — can the provider withdraw them?
The funds are entirely yours; the account is locked under German federal law and releases €992/month to your local bank account. If your visa is rejected, the full amount is returned to your Indian source account.
Estimates for academic year planning — confirm current figures with the provider and the German Embassy before wiring funds.
Numbers This Calculator Uses
- Blocked account deposit per year: 11904 EUR (not yet checked against an official source; please confirm before relying on it)
- Blocked account monthly withdrawal limit: 992 EUR (not yet checked against an official source; please confirm before relying on it)
- Recommended buffer for bank transfer fees: 100 EUR (not yet checked against an official source; please confirm before relying on it)
- Exchange rate used for estimates (EUR → INR): 90.50 INR per EUR (not yet checked against an official source; please confirm before relying on it)
- Expatrio blocked account setup fee: 119 EUR (not yet checked against an official source; please confirm before relying on it)
- Expatrio blocked account monthly fee: 9 EUR (not yet checked against an official source; please confirm before relying on it)
- Fintiba blocked account setup fee: 159 EUR (not yet checked against an official source; please confirm before relying on it)
- Fintiba blocked account monthly fee: 9.90 EUR (not yet checked against an official source; please confirm before relying on it)
- Coracle blocked account setup fee: 99 EUR (not yet checked against an official source; please confirm before relying on it)
- Coracle blocked account monthly fee: 0 EUR (not yet checked against an official source; please confirm before relying on it)
Results are estimates. Exchange rates and fees change; your bank and the provider have the final figures.