Cards Finance

Akudo Card | Akudo Prepaid Card Vs Fampay | Exciting Cashbacks, Charges, Offers, and Review

akudo

Know everything about the Akudo card. How to apply for akudo card, benefits of akudo card, charges,  akudo card, akudo referral code, akudo founder, akudo vs fampay, akudo funding, akudo refer and earn, akudo app, akudo KYC, and akudo login.

Akudo  Credit Card | Akudo Prepaid Card Vs Fampay | Cashbacks, Charges, Offers, and Review

Akudo is India’s first learning-centered neobank for youngsters and the expression “Akudo” signifies ‘Peaceful Wealth’. The Akudo application takes special care of the youthful population of the nation and proceeds with the mission of engaging teens (or youthful grown-ups) with monetary autonomy. With this neo banking application, youngsters will likewise get a personalized Prepaid Card to spend anyplace under the direction of their folks.

Akudo Application

The Akudo application makes it workable for guardians to regulate their youngster’s costs to dodge or abstain from overspending. Additionally, this application propels its adolescent clients to teach the propensity for investment funds and gives astonishing prizes and offers under a gamified environment.

In a word, Akudo is a computerized bank for young people in India wherein they can deal with their costs and they’ll get their customized Prepaid Card which they can use for a long time. In this article, we’ll be going to talk about how you can apply for the Akudo Prepaid card.

The Akudo App | Funding and Founders | Fintech Startups

akudo akudo prepaid card

This new business was established in August 2020 by IIT Roorkee and BITS Pilani graduated class – Lavika Agarwal, Sajal Khanna, and Jagveer Gandhi. It offers adaptable Prepaid Cards which are explicitly intended for their young youngster clients. The fundamental target of this Prepaid Card is to instruct youthful grown-ups regarding reserve funds their costs. With this card, they can without much of a stretch set aside their cash and get astonishing awards on different exchanges under a gamified arrangement.

The new business gives one-stop innovation answers for the three components of finding out with regards to finance the board, or at least, the consciousness of asset the executives, it’s training, and propensity building. It has related with Visa and RBL Bank to work with basic banking for teens.

Rbl Bank X Akudo Application

Anybody in the age group of 11 to 18 years can join the Akudo application. The Akudo application is related to RBL Bank and VISA to convey to you a start to finish scrambled and 100 percent free from any danger experience to its clients. The Akudo Prepaid Card is liberated from cost which implies that you don’t need to pay any secret charges or additional expenses for this prepaid card.

How To apply for Akudo Prepaid Card?

You can apply for the Akudo Prepaid Card for yourself (as a young person) or your youngster (as a parent). The strange thing is, you can get to Akudo as a parent assuming you are over 35 years, that is to say, on the off chance that your kid is mature enough to get to the card. Thus, assuming you are somebody who has passed their youngsters but then to turn into a parent, you can’t get to this application, apologies!

For Parents | Akudo Prepaid Card 

  • Download the Akudo application from Google Play Store or Apple App Store and install the application on your Smartphone.
  • Presently, a point of interaction will open on your screen with two choices – Parent and Teenager. Presently, select the Parent choice on the application and afterward click on the Continue choice.
  • Presently, enter your parent’s versatile number and snap on the Confirm choice. A One-Time Password (OTP) will be shipped off your parent’s portable number for confirmation purposes.
  • Enter the OTP on the Akudo application and afterward, it will divert you to the new page.
  • Presently, you’ve to enter your 4-digit Login Pin for the Akudo record and afterward again click on the Continue choice.
  • Presently, the parent needs to enter his/her complete name alongside their orientation and afterward click on the Akudo Me choice.
  • Assuming you’ve any reference code, you can likewise enter that reference code and snap on the Confirm choice in any case click on the Skip this and Proceed choice.
  • After the enlistment interaction is finished, the principal connection point of the Akudo application will open on your Smartphone.
  • Presently, you’ve to make your kid’s record on the Akudo application. Click on the Get your kid begun choice on the Akudo application.
  • Presently, another point of interaction will open on your Smartphone’s screen, and snap on the Select Child choice to add your youngster account on the Akudo application.
  • Presently, essentially add the versatile number of your youngster on the Select Child choice and snap on the Proceed choice.
  • Presently, you’ve to finish your KYC check process on the Akudo application. Click on the Proceed to KYC choice on the application.
  • Presently the parent needs to enter his subtleties on the application like First and Last Name, Mobile Number, Date of Birth, and so forth From that point forward, click on the Proceed choice.
  • Presently, the parent needs to enter his PAN Card Number for Mini-KYC Verification and again click on the Proceed choice on the application.
  • Presently, an affirmation structure will open on your screen. Peruse the structure, fill in the details, and afterward click on the Confirm choice.
  • Once more, an OTP will be shipped off the parent’s versatile number for a conclusive check. Furthermore, your KYC process will be finished.

For Teenagers | Akudo Card

  • Download the Akudo application from Google Play Store or Apple App Store and introduce the application on your Smartphone.
  • Presently, a point of interaction will open on your screen with two choices – Parent and Teenager. Presently, select the Teenager choice on the application and afterward click on the Continue choice.
  • Presently, you’ve to enter your number (which is connected with your parent’s record on the Akudo application) and snap on the Continue choice. The number will be consequently checked with an OTP.
  • Presently, the client needs to make a 4-digit Login Pin on the Akudo application and snap on the Continue choice.
  • Presently, you’ve to enter your Full Name and Gender on the application and snap on the Akudo Me choice. The primary dashboard of your record will open with numerous elements.
  • Presently, click on the Visa Virtual Card flag on the application to open the Visa Prepaid Card.
  • At the point when your virtual card is opened, it will request that you enter your name which will be shown on the actual card. Enter your name on the crate and snap on the Continue choice. Also, your virtual Visa Prepaid Card will be actuated.
  • To arrange the actual type of your virtual card, then, at that point, you’ve to pay ₹149 for the card and it will be conveyed to your location through postal assistance.

Charges of Akudo Card 

The Akudo Prepaid Card is free from cost which implies that you don’t need to pay any secret charges or additional expenses for this prepaid card.

Benefits of Akudo Prepaid Card

  • Advantages of utilizing Akudo card versus other debit cards:
  • It’s a prepaid card that gains parents’ influence yet with more opportunity, is simple to utilize, and welcomes offers like nobody.
  • no more OTP from parents
  • Your customized card with your name
  • 50% cashback on 1st exchange
  • save money Challenge gives compensations on 7 days, 14 days, 21 days
  • 10% Cashback on Mobile recharge (till 31st January 2022)
  • 30% Cashback on Swiggy, Zomato, Myntra, Nykaa, Croma, Dominos, MCD, Pizzahut, Netflix, Hotstar, BookMyShow, Bigbasket, Dunzo, Ajio, Zara, Purplle, and that’s just the beginning (till 31st January 2022)
  • 4% cashback on any remaining web-based exchanges (till 31st January 2022)
  • a half-year Gaana plus Membership free of charge.
  • 7% cashback on disconnected store exchanges.
  • Figure out how to manage and control your pocket cash
  • A large portion of the above offers has the maximum points limit to check before executing the application.

Akudo VS FamPay

Akudo Prepaid Card | Akudo RBL Bank Card

Akudo is a prepaid card started by Lavika Agarwal, Sajal Khanna, and Jagveer Gandhi. It offers adaptable Prepaid Cards which are explicitly intended for their young youngster clients. The fundamental target of this Prepaid Card is to instruct youthful grown-ups regarding reserve funds their costs.

Akudo is India’s first learning-centered neobank for youngsters and the expression “Akudo” signifies ‘Peaceful Wealth’. The Akudo application takes special care of the youthful population of the nation and proceeds with the mission of engaging teens (or youthful grown-ups) with monetary autonomy. With this neo banking application, youngsters will likewise get a personalized Prepaid Card to spend anyplace under the direction of their folks.

Now, this was whole about Akudo and when we talk about FamPay so here you go.

FamPay Card | FamCard

FamPay, the payment application focused on explicitly young people and their families, has reported the send-off of what is professed to be India’s first numberless card. Called FamCard, it is like a debit card that youngsters can use to make installments freely, freeing guardians from the difficulty of giving them actual money or their charge/Visa, according to the organization.

Numberless card

With FamPay and its numberless card, youngsters can make on the web (UPI and P2P) and offline payments without the need of having a financial balance. Each exchange is professed to be safeguarded with gadget locks like unique finger impression, Face ID design lock, or PIN.

To read about FamPay Card in brief click here.

FAQs | Akudo Prepaid Card

where would I be able to utilize this card?

anybody from the age of 11-18 can join akudo. Assuming you are a parent of a teen, you can sign them up and gift them independence from the rat race with akudo

is akudo secure?

This card is very secure. akudo is restricted with RBL bank and VISA to give you a start to finish encoded and 100 percent secure insight

how would I get my hands on this card?

simply download the application, set up your record in <2 minutes and the card will be given to you. The company can likewise convey the card to your doorstep at an ostensible cost if you really need it in your grasp 🙂

where would I be able to utilize akudo card?

you can utilize your akudo card for online and offline payments. be it shopping on online business sites and applications or swiping at your close-by stores, akudo is there for you.

do I truly get this for nothing?

totally. no secret charges. no additional expenses.

Read about Finance Club | Under20s

We hope that you have enjoyed reading the article and gained knowledge about this “Akudo Prepaid Card” This is the 14tharticle of “The Financial Club” Series penned by Neelesh Sharma and brought you by Under20s.com.

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