UK Student Visa Financial Requirements for Indian Students (2024)

The United Kingdom stands tall as a beacon of high-quality education, making it an attractive destination for international students, including those from India. With its top-notch universities, diverse cultural environment, and promising career opportunities, the UK offers a holistic experience for those seeking to broaden their educational horizons. However, before embarking on this academic adventure, it's crucial to understand the financial requirements for a UK student visa.

The welcoming atmosphere for international students and the chance to interact with peers from diverse backgrounds ensures a holistic and enriching experience. However, navigating the intricacies of visa applications, especially understanding the financial requirements, can take time and effort.

Learn more about the cost of a UK study visa for Indian students below. If you would like to apply for a UK student visa, contact SI-UK today.

UK Student Visa Financial Requirements for Indian Students (1)

Types of Student Visas

The UK offers three main types of student visas, each tailored to specific needs:

Tier 4 (General) Visa

  • Suitable for students aged 18 or above
  • Designed for courses lasting more than six months
  • Allows part-time employment during studies and full-time work during vacation periods
  • Cost: £490 (approximately INR 50,000) as of 2023

Tier 4 (Child) Visa

  • Tailored for individuals under the age of 18
  • Specifically for those aspiring to study in the UK
  • Cost: £490 (approximately INR 50,000) as of 2023

Short-term Study Visa

  • Ideal for courses with a duration of fewer than 12 months
  • Offers flexibility for short-term educational pursuits
  • Cost: £200 (approximately INR 20,000) as of 2023

Eligibility Criteria

To be eligible for a UK student visa, Indian students must meet specific criteria, including:

1. Letter of Acceptance

  • Obtain a Letter of Acceptance from a recognized UK university or college
  • This letter confirms the certainty of the pursuit of education in the UK

2. Financial Capacity

  • Demonstrate the ability to cover tuition and living expenses
  • Financial documents must show the capacity to meet the specified financial requirements

3. Passport and Language Proficiency

  • Possess a valid, current passport or travel document
  • Proficiency in speaking, reading, and writing English at CEFR level B2 is necessary

4. Age Requirements and Health Clearance

  • Age requirements vary based on the chosen visa type
  • A mandatory tuberculosis test clearance is required for all applicants

Document Requirements

The UK student visa process operates on a points-based system (Student Route), requiring specific documents:

  • A valid passport and previous visas
  • Passport-size colored photos
  • Letter of Intent from a UK government-recognized university
  • Proof of funds (at least £1,334 or INR 134,300 per month of stay)
  • Medical insurance
  • Proof of accommodation arrangements
  • Language proficiency evidence
  • Proof of visa fee payment
  • Tier 4 Student Visa Application Form
  • Departure tickets

Tips for Successful Visa Application

  • Initiate Early: Start the application process in advance to avoid last-minute hassles.
  • Understand Requirements: Familiarize yourself with specific criteria and documentation for a UK student visa.
  • Select Correct Visa Type: Choose the appropriate visa category based on your course and study duration.
  • Accurate Documentation: Provide precise and complete documentation, including acceptance letters and financial statements.
  • Financial Capability: Demonstrate your ability to cover tuition and living expenses in your financial documents.
  • Language Proficiency: Meet language proficiency requirements by taking a recognized language test if necessary.
  • Express Genuine Intent: Clearly articulate your genuine intention to study in the UK in your statement.
  • Biometric Appointment: Schedule and attend the mandatory biometric appointment for fingerprinting and a photograph.
  • Accommodation and Healthcare: Provide evidence of accommodation arrangements and ensure healthcare coverage compliance.
  • Review and Stay Informed: Double-check all documents before submission and stay updated on any changes to the visa process.

Apply for a Student Visa

If you need further assistance applying for a visa to study in the UK, arrange a free consultationtoday.

UK Student Visa Financial Requirements for Indian Students (2024)

FAQs

How much bank balance is required for an UK student visa for Indian? ›

Eligibility Criteria

A valid passport and previous visas. Passport-size colored photos. Letter of Intent from a UK government-recognized university. Proof of funds (at least £1,334 or INR 134,300 per month of stay)

How much do I need for proof of funds for UK student visa? ›

Money to support yourself ('financial requirement')

How much money you need depends on where you will be studying. You'll need either: £1,334 per month (for up to 9 months) for courses in London. £1,023 per month (for up to 9 months) for courses outside London.

Is a 3 month bank statement enough for an UK visa? ›

Evidence that you have sufficient funds for your proposed visit (e.g. at least 3 months' bank statements and/or payslips).

How many bank statement is required for UK student visa? ›

After the University has received payment it issues the CAS (Confirmation of Acceptance for Studies) letter. This letter is needed for applying for the UK Tier 4 Student visa. Students also need to maintain their bank statement for a period of 28 days.

How much money do I need to show in my bank account for UK visa? ›

Providing bank statements that show your monthly salary and financial commitments, is required for a UK Visitor Visa. You need to note that large deposits of cash other than your monthly salary should be excluded from your bank statement. Although, there is no fixed minimum amount you must have in your bank account.

Can I show FD as proof of funds for UK visa? ›

Financial Documents Required to Apply for UK Student Visa

Fixed Deposits (FD) original + FD Balance certificate (letter) confirming that the FD can be liquidated at any point of time. FD should be older than 28 days and should not mature until you get your student visa to study in the UK.

How is the proof of funds for a UK student visa calculator? ›

In order to display exact financial proof, each applicant can do so by means of showing: Bank letter, under you and/or your parents' name. Bank account statement, under you and/or your parent(s)' name. Financial Sponsorship from an international organization approved by UKVI.

Do UK visa officers verify bank statements? ›

The UKVI will check your financial evidence as part of your visa application and if they cannot confirm this is accurate and authentic, your visa application will be refused on financial grounds.

What is the minimum balance in bank account for UK visa? ›

How much bank balance is required for a UK visa? Ans - You are required to have a minimum bank balance of INR 2,00,000/- or 3,00,000/- per person which will demonstrate that you have sufficient funds for the entire period of your UK visit. Q. How much does a UK visa cost from India?

Can I show my parents bank statement for UK Student visa? ›

the required money must have been in the bank account for a consecutive 28 day period. bank statements must cover 28 days (and printed no more than 31 days before the date of your application). You can use your bank statements or your parents' / legal guardian's statements.

Can I use my brother's bank statement for an UK Student visa? ›

You may need to use bank statements from your parent(s) or legal guardian(s) as evidence that you have the required funds – your course fees and living expenses. You cannot use bank statements or financial documents from friends or any other relatives.

What is proof of financial support for visa? ›

This can include evidence of current employment or self-employment, recent pay statements, a letter from the employer on business letterhead – showing dates of employment, wages paid, and type of work performed – or other financial data.

How much bank balance do I need to show for Canada student visa from India? ›

Calculating Your Financial Needs

Therefore, it's advisable to show a bank balance of at least CAD 25,000 to CAD 40,000 to cover both tuition fees and living expenses for one year.

How much money is required to study in UK for Indian students? ›

Total Cost of Studying in UK for Indian Students
FactorAverage cost in GBPAverage cost in INR
AirfareGBP 265-761INR 27,887-80,000
Tuition feesGBP 6,000-50,835INR 6,31,499-53,50,378
Living expensesGBP 11,184-15,600/yearINR 11,75,970-16,40,302/year
Total expensesGBP 18,429-68,246INR 19,39,650-71,82,884
3 more rows
Dec 18, 2023

Which bank is good for Indian students in UK? ›

International student bank accounts 2024
BankBest featureReceive fees (EUR/int.)*
Barclays Bank AccountLow feesFree / Up to £6
Lloyds ClassicCashbackFree / Up to £7
Santander BasicCashbackFree / Free
6 more rows
Jan 8, 2024

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