Schengen Visa for Job Interview, Minimum balance in Account

I have been invited for a job interview in Belgium. The employer is sponsoring the cost of travel and stay. I have a few questions.

I am planning to apply for Business visa. Is this the right visa category? Or should I apply for visitor visa. I am aware that, there is no seperate category as such. I just have to tick appropriate checkbox in the visa form.
I work in India. I have payslips and Income Tax returns. I don't keep much money in my account. I pay home loan & car loan EMIs, and invest some money in Mutual funds. I get my salary on 1st every month. But due to aforementioned reasons by 10th I have about 10000Rs left in my account each month. How much is the minimum balance required in my account if potential employer is sponsoring my travel? And for what duration? Can I use money I put for savings in my wife's account? She is the sole owner of that account. If so then what documents do I need of my wife?

I am aware that I need about 30-50 Euro/day. But if you are being sponsored then also do I need to show that I have money to support my visit?

Best Answer

You need money for your cost of living during the trip, and it must be clear where it comes from. In this case, it comes from your company. Show those documents.
You need a stable financial situation where you come from. That's not just a question of having a minimum balance in the bank, it is a question of earning more than you spend, in a legal, predictable, and well documented pattern.

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