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To meet the needs of students, credit card named student credit cards have been designed with features like earning rewards, discounts and interest free periods. Students looking for their first credit card with a little or almost no credit record can apply for a student credit card. This card will help students to build credit and financial responsibility.
For more information refer to: https://www.thetodayposts.com/best-student-credit-cards-in-india/
Eligibility criteria for student credit card
There are some criteria other than income eligibility as students do not make earnings, must be followed to apply for a credit card. While applying Aadhaar or any other residential address proof, photo ID proof, Birth certificate, Passport size photographs and college Id proof are required.
Benefits:
Credit Limit: Student credit cards have the lowest credit limit in comparison with other cards. On an average, the credit limit of student credit cards is ₹ 15,000.
Validity of Card: These credit cards are valid over 5 years from issue date whereas regular credit card are valid for only 3 years.
Free Duplicate Card: If a student credit card misplaced or stolen then duplicate card will be issued free of cost or at very nominal charge
Following are some best Student Credit Card in India:
SBI Student Plus Advantage Credit Card: This card is specially designed for students. To avail this card, students need to have an FD or a customer education loan at any branch of SBI.
HDFC Multicurrency Platinum ForexPlus Chip Card: With this card students studying abroad can have access to 23 foreign currencies.