Credit Card for Students India Movement Gains Steam Among College Goers

The cashless movement is not only making its way to the normal credit card shoppers but has also attracted students. Call it the desire to make most of the online shopping or paying several educational fees, students are increasingly drifted towards credit cards to fulfill their needs. Students also have to travel outside the city to attend entrance exams and all. And so, they can use the card to pay for their travel spends and earn rewards on the same. There are a handful of banks offering credit cards to students in India. Let’s check out in detail regarding credit card for students India in this article.

SBI Student Plus Advantage Card

State Bank of India (SBI) seems to be everywhere by offering SBI Student Plus Advantage Card to help students buy out their needs from the same. The card comes with the following benefits.

• Earn 1 cash point for every ₹100 spent on the card. You can use cash points to pay off the outstanding credit card balance.
• Get 2.5% value back on grocery and departmental store spends
• Get the 2.5% fuel surcharge waived on swiping the card at all petrol pumps for transactions ranging between ₹500-3,000. The maximum surcharge that can be waived totals to 100 per month per credit card account.
• Use the Spend Analyzer tool to evaluate your card spends

ICICI Bank Student Travel Credit Card

The card serves as a forex solution for students going overseas for studies. It comes with the following features.

• It’s available in five currencies of USD, AUD, EURO, CAD, CHF, SGD, AED, JPY and GBP
• The card is valid for 3 years
• FEMA limits will apply
• Get more than 40,000 targeted benefits and discounts at around 1,26,000 locations in 130 countries across the globe

PNB Bihar Student Credit Card Scheme

If you are a student belonging to the state of Bihar, you can apply for this Punjab National Bank (PNB) student credit card. It offers financial support to all the educational aspirants. Check out below what the students from Bihar can pay with this card.

• Fees to school or college hostel
• Examination, laboratory or library fee
• Caution deposit, refundable deposit or building fund supported by institutional receipts or bills
• Buy books, uniforms, instruments or equipment
• Buy a computer, if required for the completion of the course, at a reasonable cost
• Any other spend needed for course completion such as project thesis, study hours, etc

Documents Required to Apply for Student Credit Cards in India

For the student credit card application to be approved, it’s important to submit the following documents.

• College identity card (Showing the graduation or post graduation status)
• College enrollment proof
• Birth certificate
• PAN Card can be required
• Residence proof - Aadhaar Card, Passport, Utility Bill, or any other valid proofs
• Passport size photographs

So all you students aspiring to attain greater educational and professional heights should apply for a credit card by which you can pay fees and earn rewards on spends that can be redeemed for gifts and other attractive purchases.