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Get a German Blocked Account in your name for only €5/month when you apply for the Value Package. No set-up fees*. Accepted by all German authorities.
We have carefully selected award-winning Health Insurance partners that offer the best coverage while keeping the premiums affordable.
Receive free Travel Health Insurance worth up to €95 as part of our Value Package to ensure you are fully covered during your stay.
Only with Global Minds India - receive a Bank Account automatically connected to your Blocked Account. Instant access to your funds after arrival in Germany.
Be fully covered by our top health insurance partners for internationals. Awarded many times in a row. Accepted for university.4
Get a free internationally accepted digital identity card which provides student status verification & thousands of discounts worldwide.
New: includes free Global Minds India Bank Account. Automatically connected to your Blocked Account
Eligibility for The Global Minds India Scholarship
Send, receive, and manage your money in one place. Directly connected to your Blocked Account, including a German Identification Bank Account Number (IBAN) often required to make payments in Germany. Zero fees. No minimum balance required. Designed for internationals, and included in the Global Minds India Value Package.
German Blocked Account for only €5 per month (€69 cashback on set up fees).1
Up to €90 cashback every year for three years with TK-Flex.2
Free Travel Health Insurance for your visa worth up to €95. Accepted worldwide.3
Germany’s best Public Health Insurance with English-speaking service and bonus program.4
Award winning Private Health Insurance with extensive coverage.4
Free Global Minds India Bank Account for your life in Germany. No other Bank Account needed.
Free digital ISIC with access to worldwide discounts (worth up to €18).*
Accommodation opportunities via Global Minds India mobile app
Use the Global Minds India StudyBuddy
In 2025 the standard amount of money you need to fund your Blocked Account as a student is €992 per month (€11,904 for a 12-month visa). If you are on a Job-Seeker or Opportunity Card visa, the blocked amount is €1,091 per month.
This increase is decided by the German authorities, and is based on the new Bafög rate announced in 2024. You can read all about it here in our helpful article.
You can transfer more than this amount if necessary. For example, if your Blocked Account needs to cover 18 months, you should transfer the required amount for each of the 18 months. For a student, this would be 18 x €992, totaling €17,856. For more information, visit our Help Center here.
Global Minds India is a platform for international students, job-seekers, expats, and more who want to live in Germany. Our digital solution enables you to open a Blocked Account and get health insurance. Those two German visa essentials can be easily secured while you are still in your home country when you use our services.
The Global Minds India Value Package is an all-inclusive package for people coming to Germany. The Value Package includes a Blocked Account, free German Bank Account, and your Health Insurance (necessary for your visa application). You will also get other free benefits like an International Student ID, eBooks and guides. By ordering this package, you will save time and money, and make your relocation to Germany as efficient as possible.
Global Minds India is a fully digital service. To avail of any of the products offered (Blocked Account, Value Package, Health Insurances) you just need to open our website, choose the product you are interested in, go through the questionnaire to help us tailor the service to your needs, and fill in the application form.
A Blocked Account (Sperrkonto) is a German visa requirement for internationals coming from outside the European Union (EU) and European Economic Area (EEA). The Blocked Account proves that you have adequate financial resources to live in Germany during your stay. Global Minds India offers you the opportunity to open a Blocked Account that is accepted by all German authorities worldwide and trusted by over 100k users.
A Blocked Account and a Bank Account are two different types of accounts. You need a Blocked Account to get your German visa, and a Bank Account to manage your money once you’re in Germany.
Blocked Account:
A Blocked Account (Sperrkonto) is required to show the German authorities that you have enough money to live in Germany. The money in this account is ‘blocked,’ meaning you cannot use it until you arrive in Germany. Once you’re in Germany, you need a Bank Account to access this money.
Bank Account:
A Bank Account, also called a ‘current account (Girokonto),’ is used for your daily expenses in Germany. You can use it to pay for rent, groceries, health insurance, and more. You’ll get a free digital debit card, and you can also choose to get a physical card if you would like.
When you get to Germany, your monthly payouts will be sent automatically from your Blocked Account to your Bank Account, arriving instantly.
With Global Minds India, you get this German Bank Account for free with your Blocked Account, so you don’t need another German Bank Account.
Health Insurance Plus is a special package offered by Global Minds India, which combines several insurances (Private or Public Health Insurance, Travel Health/Incoming Insurance, and free benefits). This product offers you essential coverage with some of the best providers.
Global Minds India is located in CJ VenkataDas road, Padmanabhanagar, Bangalore
As we are providing both online and offline service, you can always reach out to us . You can also contact us via phone, should you desire to talk to one of our Customer Service managers. We have a 24-hr response time and are always here to support you with whatever questions you may have.
The list of the partners Global Minds India has is constantly growing and can boast names like Techniker Krankenkasse, DR-WALTER, Cohort Go, AION, ELEMENT, Junior Chamber International and more.
Global Minds India supports internationals to easily relocate to Germany by offering a Blocked Account, German Bank Account, and your essential Health Insurance coverage for visa application and stay in Germany. You can secure everything online and without any knowledge of German. You are also able to get all your documents accepted by all German authorities worldwide in a few days.
Global Minds India services are designed to help people who are planning their relocation to Germany. No matter whether you are an university student, language school student, intern, job seeker, au-pair or tourist, Global Minds India will help you overcome the German bureaucracy and prepare the documents required for your visa application.
The Global Minds India Scholarship is a way for Global Minds India to provide financial support to our customers who move to Germany to study.
There will be ten prize winners in 2025. The top prize is €15,000, the second prize is €12,000, and the third prize is €9,000. Fourth to tenth place will receive prizes such as a new laptop, 6 months’ rent, and German language lessons.
§ Applying for the Global Minds India Value Package before August 1st means you pay €69 set-up fee. This set-up fee will be returned to you as cashback after you activate your products (Blocked Account and Health Insurance). From August 1st (00:00 CET), the set-up fee will increase to €89, with no cashback opportunity.
[*] With the Value Package, you save the following: €69 cashback on Blocked Account set-up fees + up to €90 TK-Flex cashback + free travel health insurance worth up to €95 + free digital ISIC card worth up to €18. This offer is only valid for customers who apply for the Value Package. Global Minds India reserves the right to cancel this promotion at any point in time. Special terms and conditions apply.
[1] Value Package customers can receive their €69 cashback after activating both their Blocked Account and Health Insurance.
[2] TK-Flex is an elective tariff and only available for eligible TK Health Insurance customers. Once the TK membership is activated, TK-Flex can commence. Global Minds India will provide the customer with detailed guidelines on how to do this. Within TK-Flex, users have the option to deselect/opt out of services they do not need. In return, there is a cashback bonus of up to €90 per year. However, if the services are needed after all, TK customers can reactivate their Health Insurance coverage by paying a deductible of €24 per service (up to €120) per year. Please refer to our TK-Flex page for more information.
[3] Free Incoming/ Travel Health Insurance coverage for up to 92 days as part of the Value Package for eligible customers worth up to € 95.00.
[4] Focus Money has awarded TK the ‘Best Student Health Insurance Fund,’ Study Travel Magazine has awarded DR-Walter the ‘Super Star Award”, and Kubus has awarded ottonova first place in the service and customer satisfaction categories three times in a row.
[5] Upon opening your Global Minds India Bank Account, a valid visa or a valid residence permit will be required in order to maintain access. The timeframe in which you will need to provide these documents will be provided to you.
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