Your bank statement is the most crucial document when applying for a UK student visa. In fact, it is one of the decisive factors that could sway the verdict of your application. So, now, you would be thinking about “How Much Bank Statement for UK Student Visa from Pakistan is needed?”
In essence, it is a standard report of your account activity that is provided by your bank either on a monthly or quarterly basis. Apart from demonstrating your financial status, this document also indicates how you would be able to support yourself when studying in the UK
In general, you would need to demonstrate a bank statement of somewhere around PKR 60 to 80 lacs to secure your study visa to UK as a Pakistani student.
This guide will give you all the insights in detail regarding How Much Bank Statement for UK Student Visa from Pakistan is actually needed as you begin your adventure of studying in UK. So, let’s read ahead!
Detailed Breakdown of How Much Bank Statement for UK Student Visa from Pakistan is Required
The bank statement for a UK student visa clearly shows your financial status to the immigration authorities of the United Kingdom. If you have been admitted to a London university, you will have to provide a bank statement covering at least 28 days, featuring a minimum balance of $1,334.
Similarly, for students who want to study in another part of the UK, the required bank statement for UK student visa is comparatively lower. However, it should demonstrate a minimum balance of £1023 for nine months.
Apart from this, you will also have to factor in other charges besides your initial tuition fee. For instance, if you selected the program with a tuition fee of £11,500, then you will have to show an additional balance that can cover your remaining tuition fee.
Suppose you have already paid a deposit of £6,000 to secure your Confirmation of Acceptance for Studies (CAS) letter. In that case, you will need to ensure that your bank statement reflects an additional amount of £5,500 to cover the remaining tuition fees.
Thus, if you are studying in London, your bank statement should showcase an overall balance of £12,006 (calculated as £1,334 × 9) plus the £5,500, bringing the total to £17,506 (PKR 6,097,376).
It’s crucial to ensure that your bank statement is up-to-date and not more than 31 days old at the time of your visa application.
Whose Bank Statement is Needed for UK Student Visa?
Your bank statement is one of the most crucial elements of your application for the UK study visa. It can greatly impact the decision-making process of the visa officers. So, it is super important to understand its significance and ensure that you meet the defined financial criteria.
Now, you might be thinking about whose bank statement you’d need to submit for the UK study visa. Well, the bank statement could be of the following accounts, depending on your financial situation:
- Your personal bank account
- Parent’s or guardian’s bank account
- A joint account with anyone
- A joint account with parents
- Spouse’s account
What is the Duration of the Bank Statement for UK Student Visa?
The amount of money (tuition fee + living expenses for one academic year) you declare in your bank statement should be maintained in your bank account for at least 28 days.
During the span of 28 days, it’s important to maintain this balance in your account. This means keeping your funds above the minimum threshold, which includes covering your tuition fee and living expenses for one academic year. By doing so, you’ll meet the UK Home Office requirements, and your visa application will have a greater chance of approval.
After the duration of 28 days, your bank statement is mature enough. So, you can apply for a UK study visa with the appropriate closing balance.
Moreover, you have to confirm your finances through the account maintenance letter. Also, make sure that the closing balance is not more than 31 days old on the date of application. You will have to submit the account maintenance letter along with other required documents for scanning at the time of appointment for your UK study visa application.
Related Articles:
How Can StudyWise Help You?
You have a dream of studying in UK, and we have all the ways to make it happen. At StudyWise, we have a team of professional student counselors and visa experts who are completely well-versed and capable of guiding you in every manner.
From assisting you in selecting the best study options to lodging your study visa application, we make sure to be there at every step, so you can study at your preferred university abroad.
Download Our App
Ready to Apply with StudyWise? Download App Now!
Want to shortlist the best study options in the country of your choice that best resonates with your future goals? No issue. Head to the Play Store or App Store now and download our amazing study abroad app – StudyWise. On it, you can explore more than 100 universities and 1000 courses all over the globe.
So, get it now for free and start your research!
FAQs:
How to extend your UK student visa?
The UK authorities allow students to extend their visas to stay in the country longer, continue their degrees, or start a new course. However, there are certain conditions that international students need to fulfill in order to extend their UK student visas.
- They must have a Tier 4 (General) student visa.
- They must be in the UK on a Student visa or a Tier 4 (General) student visa.
- They must submit their application for the visa extension before their current visa expires.
Can I submit a 3-month bank statement for a UK student visa?
The bank statements you submit must cover at least 28 consecutive days, and the end date of these 28 days must be within 31 days of the date you apply for your visa.
So, if your three 3-month bank statements meet these criteria, they should be acceptable. You’ll also have to ensure the statements you provide are genuine and official, including the account details, bank’s letterhead, and stamp.
What is the 28-day rule for a UK visa?
The UK has set the 28-day rule which says that people who want to travel to the UK on a student visa must show proof that they have adequate funds to support their education and living in the UK for 28 days straight before they submit their visa application.
