Thursday 31 March 2016

how to open student block account for Germany

Opening the block account is very crucial for the Visa process and it is time consuming during peek times. There are three ways students can open the block account.

1. In Deutsche Bank in Germany through Embassy.
2. In Local Deutsche Bank
3. In Kotak Mahindra Bank.

Select the first option always, in worst case go for the other options.


1.In Deutsche Bank in Germany through Embassy.

Steps:
       1. Book an appointment in German consulate Click Here
       2. Carry filled application form and passport copy to embassy, they will attest both the copies.
       3. Send the attested copies to Deutsche bank address which is mentioned in the application                      form.
       4. You will get response with in 10 working days.

2. In Local Deutsche Bank.

Steps:
  1. Go to any nearest Deutsche bank along with passport copy,pan card and one cheque for 1 lack rupees.
  2. They will fill both savings account form and block account form and send the block account form to Germany.
  3. they open savings account within 7 working days and you need to maintain the minimum balance of 1 lack rupees.
  4. The wont be having any control on the block account opening once they send the application.You can save the courier charges and attestation charges. But you need one lack rupees.

3. In Kotak Mahindra bank.

Steps:
  1. You need to carry cheque for rupees equivalent to 8500EUROS to any nearest kotak mahindra bank, they will open block account with in 3 to 10 working fays.
  2. once you reach Germany you need to open an block account in Deutsche bank again.

Note: open the block account while you are applying for universities, during the peak times this is the time consuming process and it holds visa process. It does not require university admit letter.