To apply for Bihar student card, you should follow the following basic Bihar student card criteria: be a full-fledged graduate of an undergraduate degree in any discipline including medicine, law, commerce, nursing and other arts; have lived in the country for the past five years.
Possess a valid passport or other important travel documents, possess an active bank account with a minimum deposit of ten thousand Rupees, possess a residential address in the country that you wish to acquire a card for have not enrolled in any college in India.
You should also possess a steady monthly income of at least ten thousand Rupees. As a prerequisite, you should be above eighteen years of age, a citizen of India and possession of at least one bank account. In case of failure to meet the above criteria, your application may be rejected.
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Pursuing higher education is the ideal platform for attaining financial independence for many people in India. With the advent of a recession in the economy, a large number of students have been left jobless.
A large section of these jobless young graduates are pursuing higher education in order to obtain a higher qualification in their desired fields of career. Pursuing higher education opens the door for better employment opportunities but it also requires money to pursue this goal.
bihar student credit card
Under the circumstances, pursuing higher studies in India may prove to be quite a difficult task for people having a low income. In such a scenario, obtaining a bihar student credit card that offers attractive rates and favorable terms is most welcome. If you do not qualify for any kind of bank loan, you can consider getting an add-on card. An add-on card has the same features as a regular credit card with its main difference being the additional benefit of a fixed interest rate.
A bihar student credit card is issued on the basis of your credit history and repayment history in a financial institution in India. Your credit history is evaluated by the bank after collecting certain basic information like your name, your date of birth, your address, your education qualifications and the amount of credit that you have already used.
This evaluation is done in order to determine whether you are a suitable candidate for a bihar student add-on card or not. After obtaining the basic information regarding your personal details, the bank will determine your eligibility for the credit card. The evaluation of your financial status will include assessment of your income, your monthly expenses, your credit history, your net worth etc.
Every bank in India offers student credit cards. It is necessary to compare the various offers before selecting a suitable one for you. A good way to find out all the details that are required for the application is to look up the bank website itself. You can obtain all the important information by merely filling up the relevant forms online. You can choose the one that best suits your requirements.
In addition to this, it is also important to read the guidelines provided by the bank regarding bihar student transactions and how they work. It is a good idea to study the guidelines carefully so that you know how to make the best use of the card in your favor.
Most banks provide some kind of financial incentive to students who purchase hotel management or travel products through the bihar card. They give a good discount on purchases made using the card.
Other than this, there are other options available for bihar students to get education loans. They may get an education loan from their parents through a bank.
If your parents have home loans at a good rate, then you can consider this option. You can pay for your education with the help of this education loan.
You must be aware of the eligibility criteria as well as other details such as application fee, terms and conditions before you apply for a bihar student credit card. This is because many fraudsters may pose as banks or lenders. They fool students and make them fill up fraudulent forms. This must be prevented to the last.
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