As a student how to get a credit card in india

Discussion in 'Payment Processing' started by gr8webseller, Nov 5, 2009.

  1. #1
    I am a student. I need credit card to verify my paypal account. But i heard that it is very difficult to get a credit card in india,,,, can anyone please help me to get a credit card, just to verify the paypal account,,,,
     
    gr8webseller, Nov 5, 2009 IP
  2. Moses8595

    Moses8595 Peon

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    #2
    If you are student,don't have a cc, you can also use ur parent's CC.but PayPal account must match the name on your bank account
     
    Moses8595, Nov 5, 2009 IP
  3. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #3
    Well, you need to be of atleast 18 years and then open a FD in ICICI.

    - Digital -
     
    Digital_shubhi, Nov 5, 2009 IP
  4. Red_Virus

    Red_Virus Well-Known Member

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    #4
    Only option is to open up an FD, I am not sure on the age limit but I think you can have a joint FD account with your parents and apply for a CC.
     
    Red_Virus, Nov 5, 2009 IP
  5. gr8webseller

    gr8webseller Peon

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    #5
    i am having account with Axis Bank,,,, how much i want to deposit in FD to get a credit card,,,,,, i am going to use credit card only to verify the paypal account,,,,, i am not going to use CC for anyother purpose,,,,

    do i get charged by bank ?

    if i did not use my CC for long time do it will get inactive ??
     
    gr8webseller, Nov 5, 2009 IP
  6. Red_Virus

    Red_Virus Well-Known Member

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    #6
    You get 80% credit limit on the amount of FD that you do with the bank (again it depends from bank to bank).
     
    Red_Virus, Nov 5, 2009 IP
  7. gr8webseller

    gr8webseller Peon

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    #7
    after paypal, the next popular site is moneybookers.com,,,,,,,

    here are some questions:-

    1. do i need to verify my account with CC
    2. can i add funds from my bank account to moneybookers accounts directly
    3. can i use money bookers account to shop online in ebay,,
     
    gr8webseller, Nov 5, 2009 IP
  8. anjalina

    anjalina Member

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    #8
    If you wanna use PayPal. and have no CC, you can use your family member CC, it work in PayPal. if you wanna own CC. Apply in your bank where you have account. other wise you can also contact Barclay Card.
     
    anjalina, Nov 5, 2009 IP
  9. the_pvaseller

    the_pvaseller Peon

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    #9
    yes, you can use MB to shop from ebay.
     
    the_pvaseller, Nov 5, 2009 IP
  10. Moses8595

    Moses8595 Peon

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    #10
    1.Yup.You also can use VCC.
    2.Click this link
    3.Yes,you can
     
    Moses8595, Nov 5, 2009 IP
  11. jhn2001

    jhn2001 Well-Known Member

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    #11
    Do not go for vcc if you are thinking of going big .or if you want to indulge yourself seriously in Internet Marketing

    Just go to your bank and take a fixed deposit of 30 thousand rupees on your account.you will get a credit card immediately .
     
    jhn2001, Nov 6, 2009 IP
  12. yh_rocker

    yh_rocker Peon

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    #12
    Apply for addon card if your dad has cc
    Or
    Open A ac in Kotak Mahindra Bank And Make FD you get 80% Card limit against your FD.My younger brother did that.
     
    yh_rocker, Nov 6, 2009 IP
  13. MayurGondaliya

    MayurGondaliya Well-Known Member

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    #13
    Bank Of Baroda NextGen Student Credit Card can help you. Here is the link bobcards.com/nextgen.htm
     
    MayurGondaliya, Nov 6, 2009 IP
  14. gr8webseller

    gr8webseller Peon

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    #14
    i am interested in fixed deposit,,,, i am having account with Axisbank,,,,,, what details do they ask ?
     
    gr8webseller, Nov 6, 2009 IP
  15. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #15
    Just make an FD of 25k or 50k INR with them (not sure exact figure as of now) and go to your branch, ask them for procedure to get CC based on FD.

    DON.
     
    deluxdon, Nov 6, 2009 IP
  16. remorex007

    remorex007 Member

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    #16
    In Axis Bank for 30000 You get CC for 24000. Try It Man all the best.
     
    remorex007, Nov 6, 2009 IP
  17. gr8webseller

    gr8webseller Peon

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    #17
    thanks for all, i will do it,
     
    gr8webseller, Nov 6, 2009 IP
  18. Traffic-Bug

    Traffic-Bug Active Member

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    #18
    This pretty much sums up what I had to say. Use your parent's CC for verification and sending onward money, but for paypal withdrawal you needto match the name in your paypal account with your bank account holder name.
     
    Traffic-Bug, Nov 6, 2009 IP
  19. magicworld11

    magicworld11 Well-Known Member

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    #19
    You can have Creditcards from Indian bank by doing Fixed deposit if you are a non earning person. Rightnow AXIS BANK is offering this service.
     
    magicworld11, Nov 6, 2009 IP
  20. rosber22

    rosber22 Peon

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    #20
    thats a good idea....you dont have any choice especially...your under of age and need of legal advice....
     
    rosber22, Nov 6, 2009 IP