GK News: Be it America, Australia or France, deposit this much money in your account to go abroad.. salary will be checked..
GK News: Travel enthusiasts keep visiting foreign countries, along with India. If you are going to visit a country outside India for the first time, then definitely know all the rules and regulations there. A visa for every country is not easily available. Most countries check the bank balance of the tourist before giving the visa. Through this, the officials there ensure that you have a sufficient bank balance to travel in their country, and you will also return to your country for a job or business.
It is mandatory to get a tourist visa to visit 7 major countries like America, Australia, Spain, France, Sri Lanka, Germany, and Canada. For this, you will have to understand the calculation of the bank balance along with the necessary documents. The minimum bank balance requirement is different in the visa process of each country. There should be 5-8 lakh rupees for America and €100-120 euros per day for Spain, France, and Germany. This amount depends on the duration of the trip, the cost of stay, and other conditions.
Visa Rules: Visa Application Conditions
The main objective of visa officers is to ensure that the applicant has enough money for travel and stay. While applying for a visa, documents like a bank statement, an income tax return, a salary slip, and a travel plan are checked. This confirms that the applicant is a tourist and will return to his country after traveling. Travel insurance is mandatory for many countries. If your travel history is solid, i.e., your passport has been stamped many times, then there is a possibility of getting a visa quickly.
What to do before traveling abroad?
If you are planning to visit countries like America, Australia, Canada, France, Spain, Sri Lanka, Japan, then know how much balance should be there in the bank account-
1. America (USA) – B1/B2 Tourist Visa
Minimum bank balance: There is no fixed amount, but it is generally advisable to keep $6,000 to $10,000 (about Rs 5-8 lakh). This amount is considered sufficient for a trip of 15-20 days. This amount depends on the duration of the trip, the cost of stay, and other activities. If there is a sponsor, their financial status is also checked.
What is checked and why
Bank statement of the last 6 months: To ensure that you have sufficient funds for travel and stay, and that you will not stay in the US illegally. Sudden deposits of large amounts may raise suspicion.
Source of income: Salary slip, Income Tax Return (ITR), or business documents. This verifies the stability of income.
Purpose and history of travel: Travel plans, tickets, hotel bookings, and history of previous international trips are checked. This confirms that you are indeed a tourist and will return on time.
2. Australia – Visitor Visa (Subclass 600)
Minimum bank balance: It is advisable to keep AUD 5,000-$10,000 (approximately Rs 2.5-5 lakh), which is considered sufficient for a trip of 2-4 weeks. AUD $100-150 (approximately ₹5,000-7,500) may be spent every day. The amount may increase if traveling with family.
What is checked and why?
Financial stability: Bank statement of 3-6 months to ensure that you have sufficient funds for travel, stay and emergency expenses.
Regular income: Salary slips, income tax returns or source of income are checked to ensure that you will not work illegally in Australia.
Travel plan: The purpose of travel, booking and return ticket are verified to ensure that you are a genuine tourist and will return on time.
Sponsor: If there is a sponsor, their financial documents and proof of relationship with you can be checked.
3. Spain – Schengen Visa
Minimum Bank Balance: As per the rules of Spain, 1 person can spend €100 (approximately Rs 9,000) per day. A minimum of €900 (approximately Rs 81,000) is required for a tourist visa, irrespective of the duration of the trip. It is advisable to keep around Rs 1.5-2 lakh for a trip of 15 days.
What is checked and why?
Financial Evidence: Bank statements of 3-6 months, credit card statements or traveler's cheques ensure that you will be able to meet your expenses in Spain.
Purpose of travel: Travel plans, hotel bookings and return tickets confirm that you will follow the Schengen rules.
Employment and Income: Your financial status is verified through salary slips or ITR.
Travel insurance: Travel insurance with a minimum coverage of €30,000 is a must for the Schengen area.
4. France – Schengen Visa
Minimum bank balance: It is advisable to keep €100-120 per day (approximately ₹9,000-11,000). For a 15-day trip, you may need around Rs 1.5-2 lakh. If traveling with family or friends, €45 per day may be sufficient.
What is checked and why:
Financial documents: 3 months of bank statements, salary slips or credit card statements ensure that you have sufficient funds.
Accommodation and travel plan: Pre-booked hotels or invitation letter and return ticket make the purpose of the trip clear.
Employment and relations: Job, property or family documents ensure that you are not staying in France illegally.
Travel insurance: Insurance with coverage of €30,000 is mandatory.
5. Sri Lanka – Electronic Travel Authorization (ETA)
Minimum Bank Balance: There is no set minimum bank balance requirement for Sri Lanka, but it is generally recommended to keep $1,000-$2,000 (approximately ₹80,000-1.6 lakhs), which is sufficient for a 15-30 day trip.
What is checked and why?
Financial Proof: Bank statements or credit card statements ensure that you have sufficient funds for travel and accommodation.
Purpose of Trip: Itinerary, hotel bookings and return tickets confirm that you are an actual tourist.
Passport Validity: Passport must be valid for at least 6 months.
6. Germany – Schengen Visa
Minimum Bank Balance: It is recommended to keep €100-120 (approximately ₹9,000-11,000) per day. A 15-day trip may require around ₹1.5-2 lakhs.
What is checked and why?
Financial documents: Bank statements from 3-6 months to ensure you can afford the trip and accommodation.
Travel plan: Bookings, tickets and travel insurance (€30,000 coverage) to confirm you will comply with Schengen rules.
7. Canada – Visitor Visa (Temporary Resident Visa)
Minimum bank balance: There is no set amount, but it is generally recommended to have CAD $5,000-$10,000 (around ₹3-6 lakhs), which is sufficient for a trip of 2-4 weeks. A daily cost of CAD $100-150 (around ₹6,000-9,000) is considered.
What is checked and why?
Financial stability: 3-6 months of bank statements to ensure you have sufficient funds and will not be working illegally in Canada.
Purpose of travel: Travel plans, hotel bookings and invitation letter (if applicable) verify that you are indeed a tourist.
Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
