I am 18 years old, currently not earning, and planning to apply for a student credit card. I want to know if I am eligible to apply for a credit card even if I do not have any source of income.
Yes, you are eligible to apply for student credit card. The Student Credit Card is designed for students with limited income or credit history. Eligibility Criteria for student credit card are Applicant should be 18 years of age and above, Applicant should have an Indian citizenship, if you are thinking to apply for credit card against Fixed Deposits (FD) than FD account should meet specific criteria in terms of minimum amount and tenure.
I had my first HDFC add on credit card when I was 18 and had no income, so yes you are eligible for student credit card. Just check other requirements to be eligible to apply for student credit card such as being enrolled in a recognized college or having a savings or fixed deposit account with the bank(For Credit Card against Fixed Deposits). It’s important to check the specific requirements of the bank you’re applying to, as eligibility can vary from one financial institution to another.