Studying abroad is an enriching experience that allows students to explore new cultures, make lasting friendships, and acquire valuable skills. However, managing daily expenses in a foreign country can pose significant challenges. The HDFC Bank ISIC Student ForexPlus Card offers a practical solution for students navigating these financial hurdles. This card serves as both an internationally recognized identity card and a Forex card, enabling students to manage their finances effectively while studying abroad.
The International Student Identity Card (ISIC) is a globally accepted student identity card, endorsed by UNESCO, specifically designed for students. Each year, over 5 million students utilize the ISIC card to facilitate their financial transactions while studying internationally. The HDFC Bank ISIC Student ForexPlus Card combines the benefits of an identity card with a Forex card, allowing students to pay for expenses in local currencies easily.
The ISIC card comes with numerous advantages tailored for students. Here are the top ten benefits:
The ISIC card functions like a Prepaid Forex Card. Students can load the card with the necessary foreign currency (in USD, GBP, or Euro) and use it for cash withdrawals at ATMs or for everyday purchases.
Loading funds onto the ISIC card locks in exchange rates, safeguarding against potential losses due to currency fluctuations. This feature provides financial security for students managing budgets abroad.
Families can easily reload the ISIC card online through HDFC Bank’s Prepaid NetBanking, PhoneBanking, or by visiting a branch. This convenience eliminates the need for time-consuming wire transfers from home.
Students can benefit from exclusive discounts and offers at over 41,000 partners in more than 130 countries, covering areas such as books, dining, shopping, accommodation, and leisure activities.
The ISIC card is recognized worldwide as a valid student identity card, enabling access to various student services and facilities.
The HDFC ISIC Student ForexPlus Card is accepted at all locations that accept MasterCard, providing flexibility for students in their transactions.
The card is equipped with an embedded chip that enhances transaction security, protecting users against fraud.
Cardholders receive insurance coverage against misuse of a lost or stolen card, air accident coverage, and compensation for lost baggage and personal items, as well as passport reconstruction insurance.
Students can easily track their card accounts online, allowing them to check transactions, balances, and change their IPIN with minimal effort.
With the ISIC card, students receive a complimentary international SIM card preloaded with ₹200 worth of talk time, facilitating communication while abroad.
The ISIC Forex card is available to full-time students enrolled in schools, colleges, or universities. Applications can be submitted online or at any HDFC Bank branch, with a nominal issuance fee of ₹300.
To apply for the ISIC Forex card, students must submit the following documents:
Once the necessary funds are loaded, the ISIC card will be activated within four hours.
The HDFC Bank ISIC Student ForexPlus Card is an invaluable resource for students studying abroad. It not only simplifies financial transactions but also provides a host of benefits that enhance the overall international study experience. By leveraging the features of the ISIC card, students can focus on their studies and make the most of their time in a new country.