How Much Bank Balance for an Italy Tourist Visa? Indian Applicants

So the answer is a formula, not one rupee figure. Italy also expects you to show where you will stay and that you can pay for the return journey, on top of these amounts. Figures and document rules here are as published on the official sources, checked on 15 October 2026. For the full process, fees and centres, read our Italy visa guide for Indians.

How much money does Italy expect for each day of your trip?

The minimums come from the Italian Interior Ministry directive of 1 March 2000, Table A, as notified to the European Commission in June 2026. They are per person.

To use the table, find your trip length, then multiply the daily figure by your number of days and add any fixed sum. Do the sum in euros and check it against your balance at the current exchange rate.

These are minimums for living costs. The same directive says you must also show accommodation and the money needed for your return, so your balance should comfortably exceed the table figure once flights and hotels are counted.

Do families and groups need less per person?

Yes. The second column of the table applies when two or more people travel together, and every band is lower per head than for a solo traveller. For a short trip of up to 5 days, for example, each person in a group needs EUR 212.81 instead of EUR 269.60.

Each traveller still files a separate application. If one family member is paying for everyone, say so in the cover letter, include that person's financial documents, and make sure the figures cover the whole group. Minors also need an application signed by both parents and a birth certificate.

Which bank and income papers does the Embassy of Italy ask for?

The tourist checklist used at VFS Global centres for the Embassy of Italy in New Delhi asks for:

• Personal bank statement for the last six months, stamped by the bank.
• Salary slips for the last three months.
• Income Tax Return with barcode for the last 3 years.
• Income Tax Challan receipts for the last 3 years.
• Employees: a company letter.
• Self-employed: Certificate of Incorporation, last 3 months' business bank statement and latest 3 years' ITR.
• Students: an original letter from the school.

Since 4 July 2025, the European Commission's harmonised list for India (Implementing Decision C(2025) 4379) also asks company owners and self-employed applicants for GST registration, business bank statements and barcode-verifiable income tax returns.

Six months of history is what the Embassy's checklist specifies, so ask your branch for a statement covering the full period, stamped on every page, rather than a recent extract or a balance certificate. A long, continuous statement lets the officer see your regular salary credits and spending alongside the closing balance.

What counts as proof of funds besides your savings balance?

Italy's directive allows means of support to be shown by currency, bank guarantees, insurance policies or prepaid services. In a tourist file from India, that usually means:

• Prepaid services: hotel bookings, which are mandatory for the tourist category, and any prepaid tours.
• Credit card: the Embassy suggests a credit card copy with a statement of the credit limit.
• Bank guarantee: an original 'fidejussione bancaria' from a sponsor in Italy covering your expenses for the stay, with one photocopy. It must be accompanied by your personal bank statements, and the original is returned with your passport.

What if a relative or friend in Italy is paying?

Apply under Visiting Family and Friends, not Tourism. The Embassy says holders of an invitation must use that category.

For that category, applicants with insufficient funds can submit an original 'fidejussione' (guarantee) issued by an Italian financial institution. You still provide your own personal bank statement for the last 6 months. It must be updated to within 1 month of submission, in your own name, and business accounts are not accepted.

Balance mistakes that weaken an Italy tourist file

• Submitting a three-month statement when the checklist asks for six months.
• An unstamped statement, or a printout without the bank's stamp.
• ITRs without the barcode, or only one year when three are requested.
• Leaving out hotel bookings, which the tourist category treats as mandatory.
• Applying under Tourism with an invitation letter, when the Visiting Family and Friends category applies.
• Counting only the table minimum and forgetting flight, hotel and return costs.

For context, the European Commission reports a refusal rate of 12.7% for Schengen applications lodged at Italian consulates in India in 2025 (6,810 visas not issued; 53,423 applications lodged). That is a record of past decisions across all applicants, not a forecast for yours. The visa fee of € 90 / INR 9,630 and the VFS service charge of INR 631 are not refunded if the visa is refused.

Yatra For Fun's India office in Gurugram prepares hotel bookings, flight reservations, day-by-day itineraries and cover letters for Italy files. Packages run from INR 1,000 (flight reservation) to INR 3,000 (reservation, hotel, itinerary and cover letter). Contact us on WhatsApp at +91 95230 91018 or via our contact page.

Frequently asked questions

Is there a fixed rupee bank balance for an Italy tourist visa?

No single rupee figure is published. Italy sets minimums in euros per person by trip length, such as EUR 44.93 a day for a solo stay of 6-10 days, and you convert them at the current rate.

Can my parents' bank statement be used for my Italy tourist visa?

The Embassy checklist asks for the applicant's own personal bank statement for the last six months. If a sponsor in Italy covers your costs, the tourist checklist allows an original bank guarantee (fidejussione bancaria) from that sponsor, accompanied by your personal bank statements. Students also add an original letter from their school.

Does a credit card count as funds for an Italy visa?

It can support your file. The Embassy's tourist checklist suggests a credit card copy with a statement of the credit limit, alongside your bank statements.

How many years of ITR do I need for an Italy tourist visa?

The Embassy of Italy in New Delhi asks for Income Tax Returns with barcode for the last 3 years, plus Income Tax Challan receipts for the same 3 years.