Minimum Bank Balance for South Korea Tourist Visa for Indian Citizens
South Korea has become an increasingly popular travel destination among Indian tourists, thanks to its blend of tradition, K-pop culture, modern cities, and scenic landscapes. However, before you book your flight to Seoul or Busan, you’ll need to secure a South Korea tourist visa. One of the most common questions Indian applicants ask is:
“How much bank balance is required for a South Korea tourist visa?”
In this article, we explain the minimum bank balance requirement and other financial documents you need for a successful tourist visa application.
๐งพ Why Bank Balance Matters for a Visa
When you apply for a South Korea tourist visa, the embassy wants to be sure that:
You can afford your trip without working in Korea
You won’t overstay your visa
You are financially stable in your home country
That’s why proof of sufficient funds—usually in the form of a bank statement—is one of the most important supporting documents.
๐ฐ Minimum Bank Balance Requirement
Although the Korean embassy does not officially declare a fixed amount, based on past visa applications and travel agency guidance, it is recommended that Indian applicants maintain a minimum bank balance of INR 2 to 2.5 lakhs (approximately USD 2,500–3,000) in their savings account.
This amount should cover:
Round-trip airfare
Accommodation
Daily expenses (food, local travel, entry fees)
Emergency funds
๐ก Tip: A higher balance can increase your chances of approval, especially if you plan a longer stay or are applying for a visa for the first time.
๐ Financial Documents You Should Provide
Personal Bank Statement (Last 3–6 Months)
Should show a healthy balance and regular transactions
Avoid sudden, large deposits close to the application date
Income Tax Returns (Last 2 Years)
Useful for showing financial stability
Salary Slips or Business Income Proof
If you're employed or self-employed, show regular income
Bank Solvency Letter (Optional but helpful)
Issued by your bank stating your ability to afford international travel
Sponsor’s Documents (if someone else is paying)
Their bank statement
Sponsorship letter
Relationship proof
๐งณ Additional Requirements for the Tourist Visa
Besides financial proof, you’ll also need:
Valid passport
Visa application form
Passport-size photograph
Cover letter stating your travel purpose and itinerary
Confirmed flight tickets
Hotel bookings or accommodation proof
Travel insurance (optional but recommended)
๐ Processing Time
The usual processing time for a South Korea tourist visa from India is 7 to 10 working days. Delays can happen if documents are missing or need verification.
๐ Conclusion
To apply for a South Korea tourist visa from India, having a minimum bank balance of INR 2–2.5 lakhs is strongly recommended. It reassures the embassy that you can support yourself during your visit. Ensure your financial documents are genuine, consistent, and clearly show your ability to cover your travel costs.
With proper financial planning and a complete set of documents, your dream of exploring South Korea—from historic palaces to high-tech cities—can become a reality. Safe travels!
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