The HDFC Student Forex Card is one of the most prominent student forex cards in India, thanks to its provision of zero forex markup and the inclusion of a free ISIC Identity Card. It stands out as one of the best in its category, offering numerous features such as zero forex markup, complimentary insurance, and more, which we will discuss in detail here.
Features :
1) Zero Forex markup.
2) The HDFC Bank ISIC Student ForexPlus Card is valid for 2 year.
3) free complimentary insurance
- A Complimentary globally recognised ISIC Identity Card.
- The HDFC Bank ISIC Student forex card is not only a forex card but also an internationally recognised Student identity card.
- The ISIC card has been endorsed by the United Nations Educational, Scientific and Cultural Organization (UNESCO) since 1968.
- The card is recognised by universities, academic institutions, student unions, national governments, financial institutions and ministries of education around the world.
Complementary insurance cover
– Worry-free travel experience with the most comprehensive insurance covers that come FREE with Forex Cards:
| protection against misuse due to counterfeiting / skimming | coverage up to INR 500,000/- |
| Road/Rail Accident Insurance (Death cover only) | coverage up to INR 200,000/- |
| Air Accident Insurance (Death cover only) | coverage up to INR 5,00,000/- |
| Loss of checked-in baggage cover | coverage up to INR 20,000 |
| Loss of personal documents (only Passport reconstruction) | coverage up to INR 50,000/- |
| Loss of Cash in Transit | coverage up to INR 60,000/- |
charges:
| Card issuance fee | INR 300 + GST |
| Reload fee | INR 75 + GST |
| Cash withdrawal charges | USD 2 + GST |
| Cross currency usage fee | 2% of transaction amount + GST |
| reissuance/replacement fee | INR 100+GST |
Eligibilty:
Forex card CAN be issued to the customers above the age of 12 Years.
Following are the mandatory KYC documents required along with a signed copy of the application form by the Applicant and the Guardian*:
Already holding an account with HDFC :
- Self-attested copy of valid passport
- Self-attested copy of PAN card of the Applicant or Guardian (In case of the applicant being major, PAN Card of the applicant is mandatory, if not updated in the account. Additionally, if the forex card is funded by the Guardian, the PAN card copy of the Guardian is Mandatory.
- Self-attested copy of Appointment letter / Admission letter / University Identity Card
- Self-attested copy of form I-20
If you do not hold an account with HDFC :
- Self-attested copy of valid passport
- Self-attested copy of PAN card of the Applicant or Guardian (In case of the applicant being major, PAN Card of the applicant is mandatory. Additionally, if the forex card is funded by the Guardian, the PAN card copy of the Guardian is mandatory.
- Cancelled cheque / passbook copy
- Self-attested Copy of international travel ticket or visa (anyone).
- Copy of Passbook or one year Account Statement, used for funding the Forex card.
- Self-attested copy of Appointment letter / Admission letter / University Identity Card
- Self-attested copy of form I-20
* Guardian signature is required on application form if applicant is between 12 to 18 years old.
