There is no minimum bank balance requirement to apply for a B1/B2 visa. The requirement is to provide financial documents proving that the foreign national can afford the trip. However, a minimum amount of $6,000-$10,000 must be in the bank as proof that the applicant can afford the visit.
There is no minimum required amount of funds necessary to apply for a U.S. travel visa. A common misconception about the travel visa process is that in order be approved, you must provide proof of a certain amount of funds in your bank account.
While it is not specified, for US student visa applications, you must have a minimum balance of $10,000 to get an F1 visa. It is usually said that your bank account must show at least 1.5 times the amount mentioned in your I-20 form or a minimum of 10,000 USD to be considered eligible for the F1 visa.
We recommend showing a minimum of $6000-10000$ in your statement. Moreover, the more you can show, it will be of utmost benefit. Also, don't consider keeping the balance in your account before applying for the visa. Such an act will not work if the embassy officer checks your bank statement.
How much bank balance is required for a US study visa? A. There is no set amount declared by US government for international students, but it is recommended to have minimum USD 18,000 in their accounts. This is because, the US Immigration is assured that the applicant can complete one year of study easily in the US.
The US authorities typically require bank statements for the previous six months. These statements are crucial as they reflect your financial stability and demonstrate your ability to afford the planned trip.
A variety of documents can serve as proof of funds or financial evidence, including but not limited to: Bank statements: These should show a balance that covers your tuition and living expenses. The statements should be recent – within the last three months.
Green Card Sponsorship Income Summary
The minimum income for a household of 2 to sponsor a family member or spouse is $25,550 as of January 2025. Minimum income requirements are lower for active duty military members. The general income requirement is 125% of the HHS Poverty Guidelines or 100% for active duty military.
New Students – F-1 and M-1 student visas can be issued up to 120 days in advance of your course of study start date. However, you will not be allowed to enter the United States in F-1 or M-1 status earlier than 30 days before your start date. You must enter the U.S. prior to the program start date on your I-20.
How much money do you have to declare when you travel to or from the U.S.? If you are traveling with an excess of $10,000, you must report it to a Customs and Border Protection (CBP) officer when you enter or exit the U.S. But there is no limit to the amount of money you can travel with.
To demonstrate sufficient funds, you'd ideally have at least 45,000 (1.5 times 30,000) in your bank account for at least 6-9 months before your visa application.
Bank Statement: Personal bank statements for the last 6 months (or 3 months, if applicable), with a minimum balance of INR 1,00,000. If using a passbook, submit a copy. ITR (Income Tax Return): Income Tax Return for the past two years (three years for applicants in Kolkata and Chennai).
In addition to showing information about the account holder, the account number, currency in which the funds are held and relevant dates, the bank statement must also be dated within 31 days of your Visa application.
Bank Balance Requirements for U.S. Tourist Visa
When applying for a US tourist visa (B-1/B-2), you must demonstrate sufficient funds. While the US government does not specify an exact amount, having a balance of around $5,000 to $10,000 is generally advisable.
Common types of proof of funds documents include bank statements, investment account statements, balance certificates issued by financial institutions, and letters from financial institutions confirming the availability of funds.
Online nonimmigrant visa application (DS-160)
Current, valid passport. Intended travel itinerary for your U.S. trip. Proof of funds to cover the entire cost of travel (bank statements, proof of assets, etc)
The proof of funds required can take many forms, including copies of bank statements or a letter from your bank; an affidavit of support from a parent, guardian, or a supporter, accompanied by copies of their bank statements; or evidence of financial aid or scholarships.
How Many Years of Tax Returns Are Required? For Form I-864, the U.S government requires proof of tax filing for the most recent filing year (typically the previous calendar year). Note that the the sponsor (and co-sponsor if any) has the option to provide tax filings from the past 3 years.
During the visa application process, you will be asked to show proof of financial means for your stay in the United States. If your application shows large bank balances or investment accounts with enough funds for the duration of your stay, then that usually is enough.
There is no fixed minimum bank balance for a US student visa, but one should have at least USD 10,000 or INR 8,33,120 and above, which also must be reflected in the previous 6-9 months of bank statements.
Can I use a fixed deposit statement to show my bank balance for living costs on my Student Route visa application? Views: Yes, so long as you also provide evidence that the funds in the account have been held for at least 28 days.
The Consular officer will check the net balance and other information such as the following. Opening Date: The date your account was opened and how long you have been using it. If the account is a new account, it will raise suspicion. Transaction: The amounts deposited and withdrawn throughout the period.