How Much Bank Balance Do You Need for a Canada Tourist Visa?

Canada is one of the most popular tourist destinations in the world, known for its breathtaking landscapes, multicultural cities, and family-friendly environment. Whether you are planning to visit Canada for tourism, family visits, or short-term business meetings, you must apply for a Canada Tourist Visa (Temporary Resident Visa – TRV).

One of the most common questions applicants ask is:

“How much bank balance is required for a Canada tourist visa?”

In this detailed guide, we explain the minimum bank balance, proof of funds requirements, supporting documents, practical examples, and common mistakes to help you prepare a strong application.

What Is a Canada Tourist Visa?

A Canada Tourist Visa, officially known as a Temporary Resident Visa (TRV), allows foreign nationals to enter Canada for:

• Tourism and sightseeing

• Visiting family or friends

• Attending events or short courses

• Business meetings (non-work)

It is usually issued as a single-entry or multiple-entry visa, valid for up to 10 years or until passport expiry.

Why Is Bank Balance Important for a Canada Tourist Visa?

Immigration officers assess your financial situation to ensure:

• You can afford your travel expenses

• You will not work illegally in Canada

• You will return to your home country after your visit

A strong bank balance increases your chances of approval.

Is There an Official Minimum Bank Balance Requirement?

Canada does not officially publish a fixed minimum bank balance amount for a tourist visa. However, applicants must show sufficient funds based on:

• Length of stay

• Number of travelers

• Accommodation arrangements

• Travel itinerary

That said, based on practical approval trends, certain recommended amounts are widely accepted.

Recommended Bank Balance for Canada Tourist Visa

For a Single Applicant

• CAD 6,000 – CAD 10,000
  (Approx. INR 3.7 – 6.2 lakh)

For a Couple

• CAD 10,000 – CAD 15,000

For a Family (2 adults + 1 child)

• CAD 15,000 – CAD 20,000

These amounts cover:

• Flight tickets

• Accommodation

• Daily expenses

• Local transport

• Emergency funds

Minimum Funds Based on Duration of Stay

What Type of Bank Balance Is Accepted?

Immigration officers prefer:

• Savings account balance

• Stable and consistent funds

• Minimum last 6 months bank statements

Avoid:

• Sudden large deposits

• Unexplained cash transfers

Documents to Show Proof of Funds

You may submit:

• Bank statements (last 6 months)

• Salary slips (last 3–6 months)

• Income Tax Returns (ITR)

• Fixed Deposits (FDs)

• Investment statements (mutual funds, shares)

• Sponsorship letter (if visiting family)

If Someone Is Sponsoring Your Trip

If a friend or relative in Canada is sponsoring:

• Invitation letter

• Sponsor’s bank statements

• Proof of relationship

• Employment proof of sponsor

Even with sponsorship, you must show some personal funds.

Do You Need More Funds If You Have No Travel History?

Yes. Applicants with:

• No international travel history

• Unstable employment

• Weak home-country ties

Should show higher funds to strengthen their application.

How Immigration Officers Evaluate Financial Strength

Officers look at:

• Bank balance vs trip duration

• Income stability

• Employment or business profile

• Family ties in home country

• Previous travel history

A healthy balance with genuine income sources matters more than just a high amount.

Common Mistakes to Avoid

• Showing borrowed money

• Last-minute deposits

• Fake bank statements

• Inconsistent income details

• Not explaining large transactions

These mistakes can lead to visa refusal.

Tips to Strengthen Your Financial Profile

• Maintain balance for at least 3–6 months

• Attach income proof

• Submit a clear travel itinerary

• Explain any large deposits with documents

• Apply with family or sponsor support if applicable

Does a Higher Bank Balance Guarantee Approval?

No. A high balance alone does not guarantee approval. Visa officers assess your overall profile, including:

• Travel purpose

• Employment

• Family ties

• Return intent

However, a strong bank balance significantly improves your chances.

Why Choose Immigration Pointer?

Immigration Pointer helps you with:

• Accurate fund assessment

• Document verification

• Cover letter drafting

• Sponsor documentation

• End-to-end Canada tourist visa assistance

10 Frequently Asked Questions (FAQs)

1. What is the minimum bank balance for Canada tourist visa?

There is no fixed amount, but CAD 6,000–10,000 is recommended for a single applicant.

2. How many months of bank statements are required?

Usually, the last 6 months of bank statements are required.

3. Can fixed deposits be shown as proof of funds?

Yes, fixed deposits can support your financial profile.

4. Is cash balance acceptable?

Cash balance is acceptable if properly documented and consistent.

5. Can a sponsor cover all expenses?

Yes, but you should still show some personal funds.

6. Is bank balance more important than salary?

Both are important. Stable income strengthens your application.

7. Will my visa be rejected for low bank balance?

Low or unexplained funds can increase refusal chances.

8. Do children need separate funds?

Yes, additional funds are expected for dependent children.

9. Does Canada check bank statements?

Yes, visa officers may verify financial documents.

10. Can I apply with joint bank accounts?

Yes, joint accounts are accepted with proper explanation.