What is Minimum Bank Balance Requirment For Schengen Visa Application?

The minimum bank balance required for a Schengen visa varies depending on the country you plan to visit and the duration of your stay. As a general guideline, you should have enough funds to cover your travel expenses, accommodation, and daily living costs during your trip. The specific amount is determined by the embassy or consulate handling your visa application. It is essential to provide sufficient proof of financial means to ensure a successful visa application.

Austria

Austria, being part of the Schengen area, typically requires applicants to show a minimum bank balance that covers their travel expenses, accommodation, and daily living costs during their stay in Austria. The exact amount may vary depending on the intended duration of the visit and other factors. It is crucial to check the latest visa requirements and guidelines from the Austrian embassy or consulate where you plan to apply for your visa. 

 It is generally recommended to budget a minimum of EUR 100 per day when visiting Austria, as this is the average daily expenditure for a tourist in the country. Overall, applicants are expected to demonstrate sufficient funds to cover their expenses throughout their stay in Austria, including accommodation, transportation, and daily living costs. However, there is no fixed amount, and it’s essential to check the latest visa requirements from the Austrian embassy or consulate where you intend to apply, as these regulations may change over time.

Belgium

Specific minimum bank balance requirements for a Belgium visa may vary depending on factors such as the purpose of travel, the duration of stay, and the applicant’s individual circumstances. Generally, applicants are expected to show sufficient funds to cover their expenses throughout their stay in Belgium, including accommodation, transportation, and daily living costs. It guarantees that your host will cover all the financial expenses of your stay in Belgium. Additionally, you must demonstrate that you have a minimum daily amount of EUR 45 available to spend in Belgium.

However, there is no fixed amount, and the embassy or consulate handling the visa application will assess each case individually. It’s crucial to check the latest visa requirements and guidelines from the Belgian embassy or consulate where you plan to apply.

Croatia

On entering Croatia, the border control authority may bear evidence of sufficient finances to cover charges during the stay, return, or onward trip. Nonnatives must demonstrate acceptable fiscal means for their stay and return/ conveyance. As per the Croatian Immigration Office guidelines, trippers are needed to demonstrate fiscal means of€ 95 per day for hostel accommodation or€ 45 per day for further affordable accommodation options.

Czech Republic

Czech Republic visa application typically requires a recent and comprehensive financial statement that shows the applicant’s financial ability to cover all travel-related expenses during their stay in the country. This statement should include details of bank account balances, income sources, sponsorship (if applicable), and any other financial assets that demonstrate the ability to support the trip. The specific requirements may vary depending on the type of visa and individual circumstances, so it’s essential to check with the Czech embassy or consulate for the latest guidelines.

The reference amounts for short-term stays in the home of the Czech Republic are handed in Section 13 of Act No326/1999 Coll. on the hearthstone of nonnatives, as amended, in connection with Section 5 of Act No110/2006Coll., on living and subsistence minimum. For stays of over 30 days, it’s necessary for the aspirant to have a minimum of CZK 1,565 per day( representing half of the empirical minimum set at CZK 3,130 per day) to meet the visa conditions. For stays exceeding 30 days( up to outside of 90 days), the aspirant must retain a minimum of 15 times CZK 3,130. This needed quantum increases by a fresh 2 times CZK 3,130 for each full month, totaling CZK 46,950 plus a fresh CZK 6,260 for each complete month.

Denmark

As per to the Danish Aliens Law, individualities must demonstrate that they retain enough fiscal coffers per the specified quantum of DKK 350 per day. also, aspirants must furnish substantiation of having sufficient finances for their return trip, including a valid return ticket.

The statement should include bank account balances, income sources, employment details, and any other relevant financial assets. The purpose is to show that the applicant can cover all expenses during their stay in Denmark, including accommodation, transportation, and daily living costs. However, specific requirements may vary depending on the type of visa and individual circumstances, so it’s important to consult the Danish embassy or consulate for the latest guidelines.

Estonia

Under Estonian law, individuals arriving in Estonia without a letter of assignation must give evidence of sufficient fiscal means upon entry. The needed quantum is 0.2 times the yearly minimal payment set by the Government of the Republic, which is presently originally to 130.80 EUR per allowed day of stay. Alternatively, if a person invites the individual, they will be responsible for covering the costs of the caller’s stay and departure from Estonia.

Finland

Before you visit Finland you are required to provide evidence that you have sufficient financial means to support yourself during your travels. Finland requires at least €30 per day. When you apply for your visa you can prove your financial means through your recent bank statements. Apart from the funds or tickets needed for departure and accommodation, approximately EUR 30 per day is generally considered necessary, depending on the accommodation arrangements and the availability of a sponsor.

France

The general demand for fiscal means to gain a visa for France in Pakistan is to have at least EUR 65( original to PKR 20,421.60) * per day. Keep in mind that depending on your accommodation arrangements, the minimal quantum needed for French visa changes as follows still,

• If you’re staying with a family member or a friend who invited you to France you need to give half of the minimum needed amount.e., EUR32.50( original to PKR 10,210.80) * per day.
• If you have a hostel reservation — the general fiscal demand is valid.e., EUR 65( original to PKR 20,421.60) * per day.  
• If you have a partial hostel reservation.g., a reservation for only many days during your stay you need to give substantiation that you have at least EUR 65( original to PKR 20,421.60) * per day during those days your hostel reservation is valid, and for the remaining days with no hostel reservation, you need EUR 120 per day.( original to PKR 37,701.41)
• For no accommodation at all — you must show the delegacy or consulate you have a minimum of EUR 120( original to PKR 37,701.41) * per day at your disposal during your stay.

Germany

For a German Schengen visa operation from Pakistan, you’re generally needed to give evidence that you have at least EUR 45( original to PKR 14,138.03) * per day. The flashback that the German delegacy considers your circumstances for visiting the country, similar to the length of stay, whether you’re staying with musketeers or family, the purpose of your visit, etc.

Greece

You need at least EUR 50( original to PKR 15,708.92) * per day in your bank account to gain a Greek Schengen visa from Pakistan. However, the needed quantum is raised to EUR 300( original to PKR 94, 253, If you plan to stay in the country for over five days.53) * per day. In the case of minor visa aspirants, these quantities are reduced by 50.

Hungary

The needed fiscal means for a Hungary visa in Pakistan is a minimum of 10,000 HUF( original to PKR 8,427.98) * per day. This quantum serves only as a reference number, and if you can give evidence that you have further than the needed quantum to spend in the country, the advanced chances of having your visa granted.

Iceland

when applying for an Iceland visa, a bank statement is usually required as part of the supporting documents. The bank statement should demonstrate the applicant’s financial capacity to cover all expenses during their stay in Iceland, including accommodation, transportation, and daily living costs. It should show recent bank account balances, transaction history, and any other relevant financial assets to ensure sufficient funds for the trip. Specific requirements may vary, so it’s important to verify with the Icelandic embassy or consulate for the latest guidelines. Anyone who wants to apply for an Iceland Schengen visa from Pakistan must prove they have at least ISK 8,000 (equivalent to PKR 16,754.71)* per day. If someone else sponsors you, this required amount is halved to ISK 4,000 (equivalent to PKR 8,377.36)* per day. Generally, the total minimum amount required for your length of stay is ISK 40,000 (equivalent to PKR 83,773.57)*.

Latvia

Latvian embassies/consulates in Pakistan require you to provide evidence of a minimum of EUR 14 (equivalent to PKR 4,398.50)* per day of stay if you want to receive a Schengen visa for latvia. The bank statement should include recent account balances, transaction history, income sources, and other relevant financial details. Specific requirements may vary depending on the type of visa and individual circumstances, so it’s important to check with the Latvian embassy or consulate for the latest guidelines.

Lithuania

According to the Lithuanian Ministry of the Interior and the Ministry of Foreign Affairs, to obtain a visa for Lithuania, you must have a minimum of EUR 40 (equivalent to PKR 12,567.14)* at your disposal per day during your stay in the country. You must also prove that you have enough financial means to return to your home country, i.e., purchase a return ticket.

Luxembourg

when applying for a Luxembourg visa, a bank statement is usually required to prove the applicant’s financial ability to cover all expenses during their stay in Luxembourg, including accommodation, transportation, and living costs, reference amount needed is based on the minimum wage for an unskilled worker, which is approximately EUR 67 per day. This amount is calculated proportionally to the duration of your planned stay.The bank statement should contain recent account balances, transaction history, income sources, and any other relevant financial information. Specific requirements may vary depending on the visa type and individual circumstances, so it’s essential to check with the Luxembourg embassy or consulate for the latest guidelines.

Netherlands

Official authorities stipulate that to obtain a Dutch Schengen visa from Pakistan, you must submit proof that you have at least EUR 55 (equivalent to PKR 17,279.81)* to spend per day for the whole duration of your stay in the country.

Netherlands, border control officers presently consider a base of EUR 55 per person per day. still, this criterion is applied flexibly, as the needed quantum depends on factors similar as the planned duration of stay, the purpose of the visit, and the individual circumstances of the person involved.

Norway

To obtain a Norway visa in Pakistan, you need to submit proof of bank balance that you have a minimum of EUR 48  per day to spend in the country. If the Norwegian authorities determine that you do not meet the financial requirements, you may be denied entry into the country.

The bank statement should show recent account balances, transaction history, income sources, and other relevant financial information. Specific requirements may vary depending on the visa type and individual circumstances, so it’s essential to check with the Dutch embassy or consulate for the latest guidelines.

Poland

To receive a visa to Poland for stays not exceeding 3 days, you need to submit a minimum amount of PLN 300 for the overall stay. If your stay exceeds three days, you must submit proof of at least PLN 75 for each day of the planned stay.

If you are visiting Poland under any of the following circumstances, you need to provide evidence that you have at least PLN 20 or EUR 4.19 (equivalent to PKR 1,370.21)* for each day of the planned stay:

• You are visiting Poland as a participant in a youth camp, tourist or sports event.
• Your costs for a visit to Poland are paid by someone else.
• You are visiting Poland to visit a treatment and sanatorium facility.
• You are visiting Poland on a working holiday visa.

Spain

The required amount of money you need to present to a Spanish embassy or consulate in Pakistan for your Spain visa is regulated by the Ministry of the Presidency of Spain (PRE/1282/2007) and is set at a minimum of EUR 100  per day, with a minimum of EUR 900  per person regardless of the intended duration of the stay.

Sweden

According to the Immigration Authorities in Sweden, all foreigners who want to enter the country with a Sweden visa must show proof that they have a minimum of SEK 450 or EUR 48.26  to spend per day for the duration of their stay.

Switzerland

When you apply for a Swiss Schengen visa in Pakistan, you must attest that you have a minimum requirement of CHF 100 per day or EUR 92.34  for the duration of your visit — provided you are covering the costs of your travels on your own. The minimum requirement for students who want to visit Switzerland is lowered toCHF 30 or EUR 27.70