Best Money Back Policy 2023 – Check Feature, Benefits and Eligibility for Money Back Policy
664
6 min read
In India, we are now encouraged to go digital and indulge in cashless payments. One such popular way we spend is by using a credit card. A student credit card has emerged as a popular variant of credit cards over the last few years. These student credit cards are designed, especially to meet the needs of university or college students so that they can manage their expenses without delay and develop a habit of handling funds.
Through this post, we aim to guide you on how to apply for a student credit card online. We will also throw light on the various features and benefits of possessing one such credit card for a student.
Check out the list of benefits and features of a student credit card that makes it completely worth it for the budding generation of India:
Feature | Advantage |
Card Validity | As compared to 3 years validity of a non-student credit card, a student credit card offers a validity of 5 years from the date of issue |
Restricted Credit Limit | To prevent students from unlimited spending, there is a lower credit card limit of Rs. 15,000 which is much lower than a non-student credit card |
Fee Waiver | Usually, student credit cards do not charge any joining fee and offer low annual charges to make it more affordable and convenient for students |
Special Rewards and Cashbacks | Student credit cards come packed with a bundle of deals and loyalty programs in the form of cashback and special offers on purchases |
Easy Documentation | Student credit cards are easy to get with easy documentation requirements |
Free Duplication Card | In case a student credit card gets stolen or misplaced, a duplicate one can be issued free of cost |
Multiple Uses | Students can use student credit cards for multiple purposes such as buying books, enrolling in a course online, refilling fuel in a vehicle, and so on |
There is not much required as an eligibility criteria to apply for a student credit card. Have a look:
While applying for a student credit card, you must possess the following documents:
Once you have checked your eligibility and collected all the documents to apply for a student credit card, then what next? You must then apply for one such card in any of the following ways:
The procedure for a student credit card apply becomes quite simple, if done online. Here are the steps to follow when applying for the same online:
The options to avail of a student credit card in India are limited. So, here is the list of best credit cards for 18 years olds:
Conclusion
The information shared in this article will help you understand the procedure of applying for a student credit card in India. We recommend you check the features, fees, and interest rates yourself by visiting the website of the issuer or visiting the bank while applying for a particular student credit card.
Browse PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance, and Investment section. You can visit PayBima to Buy Insurance Online.
PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
The Social Security Pension Management Information System (SSPMIS) Mukhyamantri Vridhjan Pension Yojana is the Bihar Government’s social security scheme. This scheme was initiated to offer.
Filing the ITR within the due date is very important. By doing so, taxpayers can evade penalties and other consequences due to not filing or.
In India, many opt for life insurance as a smart move to protect themselves and their families, given the unpredictable future. It's a practical step,.
Taxpayers can claim tax deductions under section 80DDB of the Income Tax Act, 1961, on the treatment expenses of certain specified diseases. This deduction can.
In most cases, House Rent Allowance (HRA) is a part of employees' salary and they can claim an exemption for HRA. Hence, if an employee.
Taxes are important for the financial well-being and the good governance of a country. Without taxes, the functioning of the country gets disturbed. The tax.
When joining a new organization in the middle of a fiscal year, employees need to fill out Form 12B. This form informs the new employer.
Payment of Income Tax is directly related to the economy of a country. Hence, every taxpayer in India is expected to pay income tax responsibly.
You may already know that a rental income or the money earned from renting a property is subject to TDS or tax deducted at the.
We know that almost every individual owns a savings bank account. We also know that the interest earned on your savings accumulated in a savings.
Speak to our advisor
Mahindra Insurance Brokers Limited (A Mahindra Group Company) - Unit-202, A-Wing, 2nd Floor, Amiti Building, Agastya Corporate Park, Kamani Junction, LBS Marg, Kurla West, Mumbai - 400070. Tel: +91 22 66423800
Licenced by IRDAI License No. 261; License Validity : 17-05-2025; Category : Composite Broker; CIN : U65990MH1987PLCO42609 Member of Insurance Brokers Association of India (IBAI).
Insurance is the subject matter of solicitation.
For a seamless experience, use the latest version of Chrome/Firefox/Internet Explorer.
Copyright © 2024 Mahindra Insurance Brokers. All Right Reserved.
Verify your number to activate your best premium offer
Please enter the OTP sent to XXXXXX 4099 to continue