Equivalent to 500,000 THB in a forigner bank makes you eligible so... 40,000 $ is yes ( show statement of your bank ) required up to the month you apply at and this is the financial requirements.
They did not ask how much income you make monthly.
They can also completely reject your file without issue you any reason of rejecting and also not offer you a METV.
So you may feel thankful not to lose the whole fee and that will be also completely legal as it is mentioned in the Website and application when you apply ka 😃
One more thing ka ..
You are not here to work as an audit the thai government and the embassies fee.
The money is going to the government and each payment slip has a code related to the embassy where the Application has been applied at .
The website you apply at is @ .go.th
Means it is a government website and under the ministry of foreign affairs of Thailand
The major reason is that your visa profile doesn't give them the feeling of the confidence to issue you this visa type for you ka , yet.. they were somewhat nice to give you METV that can be used wisely to get up to 9 months' stay in Thailand with correct planning for your in and out..
So you haven't lost the whole fee away...
Our advice is to choose the soft power line for the next time and another embassy, not India. For your next try after your METV is over
RalphOnTour being lucky doesn't set that as rules ka. It is same as someone left the country before visa approved then his visa get approved while he is not in the country where embassy is located 🙏
At the most... the embassies will reject the visa photo if it is same as passport photo and that happen before too