Which are the best credit cards in India for students with no income?

Short Answer

Student credit card is quite a new concept in India. The concept is getting popular nowadays. Many credit cards are available such as SBI Student Plus Advantage Credit Card, HDFC Bank ForexPlus Card, ICICI Bank Student Travel Card, HDFC Multicurrency Platinum ForexPlus Chip Card and so on are available.

Detailed Answer

Credits cards for students are offered by various banks to the students who are attending any college-level degrees. These credit cards usually don't have any type of income eligibility limit. All it requires is you to be at least the age of 18 years. Student credit cards offer lower interest rates and have a validity of five years.

Now the main concern is as there are several student credit cards available, it is necessary to choose the right one, which has some of the important features essential for a student. Here, we are going to find out some of the best credit cards for students with no income.

Which Bank Provide Student Credit Cards in India?

Several banks provide student credit cards in India such as the State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and so on. Some of the essential eligibility criteria to avail of these credit cards are as follows.


  1. You must be min 18 years of age
  1. Must be a college-going student

Documents Required

  • Birth certificate
  • Identity card issued by the college or university
  • PAN card
  • Proof of residential address
  • Recent passport size photograph

Best Student Credit Cards - Features

Some features to look for in a student credit card:

1. Credit Limits & Validity:

Students credit card offers lower credit limit than the usual ones. Usually, good student credit cards offer a credit limit of 15000 INR. This credit limit is to ensure that students do not incur a lot of debts due to unrestricted spending. Student credit cards are usually valid for 5 years from the issued date.

2. Minimal Charges:

Student credit cards usually don't have any type of joining fee and require you to pay a very low annual charge, which makes it easier for students to maintain their cards. In case a card gets stolen or if a student lost their credit card, there is also no to very minimal charge to make a duplicate one.

3. Minimal Documentation & Special Rewards:

Student credit cards need very minimal initial documentation, unlike most other traditional credit cards. The cards also come with a lot of rewards and loyalty programs that give cash back or cash points when a student spends a certain amount from their cards.

Best Credit Cards for Students

Now as we got the idea about some of the key features of the best student credit card, it is now time to pick some of the popular ones to choose from. Some of them are given below.

  1. SBI Student Plus Advantage Credit Card
  1. HDFC Bank ForexPlus Card
  1. ICICI Bank Student Travel Card
  1. HDFC Multicurrency Platinum ForexPlus Chip Card

To avail of any of these credit cards without any income require you to maintain a very good credit score along with a strong savings account, fixed deposit. One can also avail of one of these credit cards through an add-on card, which your family member having a credit card can request a credit card in the name of a student. However, in this case, the person who is requesting the card needs to have a very good credit history.


So these are some of the best credit cards for students with no income. All of these credit cards offer no to minimal joining and annual maintenance fees, a lower credit limit of 15000 INR, and a lot of special deals and rewards to its user. If you have any queries regarding the best student credit card, then add your queries in the comment section down below.

Which one do you think is the best student credit card in India? Do share your opinions and feedback.

Tagged With: student credit cardsbest credit cardsstudent credit cards indiacredit cards
Categories: Finance
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