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Comparison between Different Methods for Blocked Account

There are mainly four methods used for opening blocked account in Germany. In this article, we make the comparison to find out which is the most convenient method based on your needs.
Comparison between Different Methods for Blocked Account

Blocked Accounts

Fintiba

This is the most convinient and fastest method to open your blocked account. If you want your blocked account right now within 1-2 days and deal with the rest when you arrive in Germany. Fintiba acts as an intermediary between you as the customer and Sutor Bank.

X-Patrio

Similar to other providers, this is also accepted & approved by German Federal Foreign Office for obtaining a German visa. In comparison with exisiting service providers X-patrio offers the cheapest Blocked Account opening process.

Deutsche bank

This is traditionally used option. However, due to large delay in application processing and a complex procedure, this method is least popular and not preferred by students in recent days. Moreover, you will be asked to open a local account and maintain 1L balance which is redundant.

Kotak Mahindra Bank

The Kotak Mahindra Bank has an arrangement with German Consulate to open savings accounts for the people applying for the German Student Visa. Although this is a convenient option for Indian students, it involves a delay in the process especially once you reach Germany.

Comparison

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Our Recommendation

Based on several students feedback received on our portal and social networks, we recommend to go with Fintiba blocked account. It is fast and highly convenient since the entire process is online.

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On 30th Dec 2021, At 8 PM IST

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TK Health Insurance within 2 Days

Health Insurance

1. Talk to Executive

You will receive a call from us within 60 minutes (during working hours)

2. Submit Details

Submit necessary details for the Blocked Account through an online form.

3. Confirmation Letter

You Will Receive An Email Confirming Your Health Insurance From TK Within 1-2 Working Days.

Health Insurance

In collaboration with UE Germany

Request Callback Now!

German Blocked Account within 24h

Blocked Account

1. Talk to Executive

You will receive a call from us within 60 minutes (during working hours)

2. Submit Details

Submit necessary details for the Blocked Account through an online form.

3. Blocking Confirmation

Receive Blocked Account opening Confirmation within 24 Hours.

Blocked Account

In collaboration with UE Germany

Request Callback Now!

Travel Insurance within 24h

Travel Insurance

1. Talk to Executive

You will receive a call from us within 60 minutes (during working hours)

2. Complete Online Payment

Pay via UPI Or Internet Banking Facility.

3. Get Your Travel Insurance

Get your Travel Insurance via Email within 1 working day.

Travel Insurance

In collaboration with UE Germany

Request Callback Now!

Fund your Blocked Account with

Education Loan

1. Talk to Executive

You will receive a call from us within 60 minutes (during working hours).

2. Submit Documents

After your eligibility check we will provide you a list of documents to be prepared.

3. Get Your Loan Sanctioned

Once all the required documents are submitted, the loan is approved in 4-5 working days.

1. Talk to Executive

Give your contact details in the form and we will arrange a call with representative.

2. Submit Documents

Representative provide you a list of documents to be prepared.

3. Get Your Loan Sanctioned

Once all the required documents are submitted, the loan is approved in 4-5 working days.

Education Loan

In collaboration with UE Germany

Request Callback Now!

Transfer funds to Germany in 48h

Outward Remittance

1. Talk to Executive

You will receive a call from us within 60 minutes (during working hours)

2. Transfer Amount

Transfer the requisite Amount to a designated Indian Bank Account.

3. Transfer Confirmation

Receive the amount transfer confirmation letter within 48 working hours.

Outward Remittance

In collaboration with UE Germany

Request Callback Now!

Ms in Germany - 18

Get your Forex Card in a week!

Travel/Forex Card

1. Talk to Executive

You will receive a call from us within 60 minutes (during working hours)

2. Transfer Funds To Indian Account

Transfer the Amount to a designated Indian Bank Account Via NEFT/RTGS.

3. Your Card Will Be Recharged

The equivalent Euros Are Loaded to your Travel Card and will be delivered to You.

Travel Card

In collaboration with UE Germany

Request Callback Now!

Need Help?

Currency Notes

Talk to Executive

You will receive a call from us within 60 minutes (during working hours)

2. Transfer Funds To Indian Account

Transfer the Amount to a designated Indian Bank Account Via NEFT/RTGS.

3. Collect your currency notes

Visit the nearest branch to collect the equivalent cash in Euros.

Currency Notes

In collaboration with UE Germany

Request Callback Now!