Oct.09

Studying In Germany | Blocked Account

MS in Germany 
The German application procedure is quite simple and fairly straight forward. However, the main challenge is not applying, but choosing the right college and assuming you get an admission from at least one of the colleges you applied for, creating the right time frame for Visa application and other official procedures, like opening a blocked account, sending documents if necessary etc.

So here I thought of providing you, the reader some visual aid which might help you create a right plan for applying in Germany and getting in your dream college. I will have much to tell about college selection later, but first I would like to draw a time frame which you can remember and follow for your application procedure.

Timeline For Winter Semester Application

Note that this is a sample timeline and is provided without any guarantee whatsoever. So let’s talk more about this alleged timeline. It is to be noted that you need to take the TOEFL® test before you apply in German Universities as every university form will have space to write TOEFL® score. So it will be prudent to take TOEFL® by the end of March. The results are out within 10 days and if your score is above 95, then you are eligible for most German universities. Note that TOEFL® is just a qualifying examination and determines your eligibility, but doesn’t increase your chances of acceptance. Experience tells that a high mark in the speaking section guarantees a Teaching-Assistantship in your gonna be college. The obvious next step would be to open a blocked account.

 

What is a Blocked Account and How To Open One?

 

Glad that you asked, a blocked account is simply an account which blocks the total amount of money the German government wishes you to take to Germany for your sustenance and allows you a monthly withdrawal of a fixed amount (thereby preventing you to exhaust your funds prematurely). This means if your blocked account only contains the requested minimum amount of 8040 € for a year, then you will be able to withdraw only 670 € per month . The amount of money currently required for one year living in Germany is €8040, however, this value changes frequently, therefore you should visit the German Embassy website in order to get the latest amount. Thereafter the steps of opening a blocked account are very trivial and as follows:
  1. Unless you have €8040 lying around, you may choose to opt for a loan. Opt early as loans in India take quite some time to sanction. Also, make sure your bank has a Forex (foreign exchange) department, as the money sanctioned needs to be transferred to Germany.
  2. Download and fill the latest Blocked account opening form from Deutsche Bank. This can be found here.
  3. Fill the form digitally (leave the signature and date space blank), take a few copies printout and then schedule and appointment with your nearest consulate office.
  4. Visit the consulate office with your original passport, photocopy of the same and the blocked account opening verification fee. The amount again needs to be determined from the consulate website.
  5. Post the verified form and the passport copy to Germany. Make sure you don’t tamper with the pin or  the way the document is stapled by your local German mission. Soon, you will hear from Deutsche Bank that your account has been opened.
  6. Transfer €8040 to that account and you are all set.
  7. Pro Tip: Blocked account takes from 3 -15 days opening time. If you need to open one within a short time constraint, after document submission, just contact Deutsche Bank using the form they provided for initiating contact.
  8. Tip specific to students from eastern India: Although the embassy page notes that a blocked account can be opened in Kotak Mahindra Branch, the same facility isn’t applicable in eastern India.
  9. Also make sure that you can show that you have means of funding your second year of studies as well. For some consulate offices this is not a requirement, but  for some this is. Therefore you should be well prepared for the same. Some accepted means of funding are as follows: Savings account statement (photocopy of last 1 year’s bank statement), fixed deposit etc. Also note that, property, deeds are NOT accepted as means of funding. If  anybody other than yourself is the owner of the above mentioned means of funding then s/he will have to provide a signed letter and/or affidavit of support to establish the fact that s/he is willing to fund your second year.

As soon as you have completed these steps we can move on to the next step which is college selection or you may review the previous section for a basic overview of the whole process.

 


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About Debojyoti Das

I write some stuff that are relevant to me! I would love to know if you find my posts useful ad informative.

Comments(3)

  1. Trackback: Applying To Germany | University Selection | Debojyoti Das

  2. Soumya
    287 days ago

    Hi, Of the many documents required for the appointment at the Consulate, were you also asked to submit a detailed letter of motivation providing information why you wish to study in Germany? Thanks!

    • Debojyoti Das
      271 days ago

      You can get the current and updated document list from the consulate website! Just Google!

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