A new rule will come into effect from tomorrow, you have to have Rs. 16 lakhs in the bank to study in Australia

Australia, which is trying to curb immigration, has made a key decision regarding foreign students coming for higher studies.

 Australia, which is trying to curb immigration, has made a key decision regarding foreign students coming for higher studies. It has announced that the minimum bank balance for foreign students applying for a visa will be increased to 29,710 Australian dollars. This amount is equivalent to approximately Rs.16,35,000. The new rule will come into force from the 10th of this month. Students who are going to Australia for higher education.. have to show the total cost of living there for a year in their account. The minimum deposit limit for this visa was previously 21,041 Australian dollars. Last year in October, it was increased to 24,505 Australian dollars, but recently the government has decided to increase it to 29,710 Australian dollars.