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Kotak
Want an Indianized blocked account?
Kotak Mahindra Bank is the right choice!
Step1: Proceeding with a blocked account in India
- Primarily,
leave your branch selection to us. - Secondarily,
submit the below-mentioned documents to get your local blocked account open. - Tertiary,
submit it to the embassy after the account’s confirmation.
- Paperwork of savings account opening form along with Know Your Customer (KYC).
- Present University’s Admission/offer letter .
- Replica of passport.
- According to the bank’s format, email Indemnity.
Step2: Proceeding with a blocked account in Germany
- Open a local bank account in German soon after landing.
- Submit your local bank account details to Kotak Mahindra Bank.
- Receive your funds in a localized German Bank.
Which amongst Fintiba, Expatrio, and Kotak Mahindra is the best suitable to proceed with a blocked account?
| Basis | Fintiba | Expatrio | Kotak Mahindra |
|---|---|---|---|
| E-presence | Yes | Yes | Yes |
| Duration | 24 hours | 24-48 hours | 15-25 Days |
| Deposite | 10,332 Euros | 10,332 Euros | 10,332 Euros |
| Withdrawal | 861 Euros | 861 Euros | 861 Euros |
| Process | Only India | Only India | India-Germany |
| Documents | limited | limited | A lot |
| Rejection | Not likely | Not likely | Questionable |
| Minor block account | No | No | Yes |
