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20 Education Business Ideas with Low Investment

Shitanshu Kapadia
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20 Education Business Ideas with Low Investment

The Education business is an evergreen business. You will never find a recession in the education business. This is mainly due to growth in population, increase in the income level of people, and awareness about education. There are many business opportunities in the education industry. In this post, we will take a look at 20 Education Business Ideas with low investment.

education business ideas

20 Education Business Ideas with Low Investment

Home Tuition

A first education business idea is a home-based tuition class. A home-based tuition can be started with a very low investment. You just need expertise in the subjects which you are planning to teach. It is a lucrative business option for the individual.

Coaching Class

Coaching Classes is another lucrative education business. The investment required for this business is based on the scale of operation. You need to decide the location, subject, and fee structure. Make sure not to compromise with quality. The success of this business depends on efforts placed by you and your team.

Play School

Playschool is a very good business option. You need to get a license to open a play school another alternative is taking a franchise of a play school. Make sure to be creative while making a play school. At playschool, you need to teach a student with creativity.

School Bag Making

School Bag Making business is an attractive education business. As it is a manufacturing business investment required for this business is moderate. Firstly, you need to understand the process of manufacturing school bags and the raw materials required for this business. You need an industrial stitching machine along with the chain and a few decorative items/printing devices to make a school bag.

Also Read – 200 Small Business Ideas in India with Low Investment

School Uniform Making

The next education business idea is school uniform making. Every school has a unique uniform and student needs to compulsorily follow it. Thus starting a school uniform-making business could be a very good option. You can start this business from home. It is one of the easiest business options.

School Stationery Business

School stationery items such as pencils, ball pens, staplers, colors, and notebooks always remain in demand. Thus starting a school stationary business makes sense. You can start this business with low investment. This business does not require expertise.

Spoken English School

If you have expertise in the English language you can think of starting your own spoken English school. You can start this school from home also. The success of this business depends upon your expertise and marketing skills.

Computer Class

The next education business idea is starting a computer class. In this business, you require a suitable place and a number of computers. You may need to recruit a computer expert to help you out. It is a highly successful business and you can earn reasonable money via computer class.

Open a Bookshop

Every student is required to visit a Bookshop to buy a book. This makes bookshops a very good business option. The investment required for this business is moderate. The success of this business depends on location. It is advisable to open a bookshop near the school area.

Printing Press

If you have knowledge about printing technology you can think of starting your own printing press. You need to print book and other printing material in your press. The investment required for this business is moderate.

Online e-library

The next education business is online e-library. In this business, you need to convert all physical books into electronic format. You need to give a library membership with a subscription amount. It is a growing business option.

Also Read – 20 Retail Business Ideas with Low Investment

Paper and Notebook manufacturing

Paper and Notebook manufacturing is another business option. Notebooks and papers are widely used in offices and schools. You can start your own business of paper and notebook manufacturing. The investment required for this business is high.

Stationary item manufacturing

You can also become a manufacturer of stationary items such as ball pens, pencils, staplers, etc. You require a good understanding of manufacturing before starting this business.

Education Project Business

College students are always looking for help in making final-year projects. If you are innovative and ready to help students you can start your own education project business. It is a very good lucrative business option.

Customized Education Material

The next education business is making your own customized education material. You need to be exceptionally good at making educational material. Once this material is ready you need to commercialize it by selling it in the market.

YouTube Channel as Education Instructor

If you are good at explaining things you can become a YouTube star by starting your own education channel. You need to make videos and help children understand various topics related to study. Once your YouTube channel is popular you can apply for a channel partner program for showing advertisements on your videos.

Drawing School

Creative people can start their own drawing school at home. Many parents place their children in drawing schools. This business can be started without any capital. You have to be very good at drawing to start this business.

Sports Institute

The next education business is starting a sports institute. This type of business can be capital-intensive for an aspiring entrepreneur; you would need money to rent a facility and purchase different types of sports kits. The success rate of this business is moderate.

Career Planner/Guide

A career planner is an extremely knowledgeable person, who helps parents and students in deciding the right career option. Career Planner charges fixed money for providing guidance. Career Planner business can be started without any investment.

Teacher Training Institute

Teacher training institute for Montessori teachers is a good business to start. The gross profit margin in this business is very good. However, you need to check your state law before starting the institute.

Paysense Instant Personal Loan Review

Shitanshu Kapadia
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0
Paysense Instant Personal Loan Review

paysense

Paysense provides instant personal loan for the specific purpose. As we know life is full of uncertainties and so that financial situation. You never know, when the need for money would arise. Some typical situations which demand urgent cash are a medical emergency, job loss, wedding expense, unfavorable event etc. All these expenses are unpredictable and unavoidable. The first option that comes to your mind, when you are in need of money is to approach friends and relative. But, what happens if friends and relatives refuse to extend financial support? The only option left in front of you is to opt for a personal loan. To get a personal loan from the bank you need to physically visit the bank and complete application formality. However, with technology advancements, you can get instant personal loan online using application or website. Yes, I am talking about Paysense.

Also Read – 5 Best Banks for Personal Loan in India

What is Paysense?

Paysense is a lending app with an online platform that offers a personal loan up to 2 Lakh for all your needs starting from emergency need to entertainment to home renovation. You can get a loan from Paysense anywhere, anytime with low documentation.

Key Features

  • Get Instant Loan Approval up to 2 Lakh using Application or website
  • Get Loan approval in 2 hours and money in your account within 5 hours
  • No processing fees for getting loan approval
  • No physical documents required. You need to upload your documents
  • Affordable EMI Plan with reminder and auto-debit features
  • Loans are provided although you have zero credit history

Document Requirement

  • ID Proof – Pan card – Mandatory
  • Address Proof – Aadhar card(Mandatory), Passport, Postpaid Phone Bill
  • Income proof – 3 Months Bank statement Mandatory
  • A selfie

How to get a personal loan using Paysense?

A step by step process to get a personal loan using Paysense Mobile app is given below.

  • Download Paysense App from Google Play Store
  • Register using your email id and phone number
  • Check your eligibility details by providing basic details and select an appropriate plan
  • Upload your KYC documents as per requirement
  • E-sign your application and submit
  • Once your loan is approved and the application procedure is complete, your money will be directly transferred to your account quickly

Also Read – Credit Card Loan or Personal Loan – It’s your choice

Paysense Instant Personal Loan Review

Paysense is one of the best ways to get a personal loan. Although you have zero credit history you can get a loan from this platform. The approval process for the loan is very fast provided document submitted by you are in order. The process of applying loan is very easy. You need not visit a bank and fill in tedious application forms. You need not to follow-up for knowing loan status or getting approval. The entire loan process is automated including disbursal. Paysense offers hassle-free personal loan without any collateral. However, you need to consider the following points before applying for a loan using Paysense.

  • This facility is provided only in the selected cities
  • It provides loan up to 2 Lakh rupees only
  • Sometimes it takes time to get an approval of loan using this app
  • The interest rate on which loan is offered is higher 16.8% compared to loan options available in the market.
  • The interest rate and loan tenure vary based on customer profile

Have you taken a personal loan using Paysense?

Do share your experience with others!

5 Best Popular Travel Insurance Policies for International Trips

Shitanshu Kapadia
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5 Best Popular Travel Insurance Policies for International Trips

It’s very important to purchase a travel insurance policy when you are planning international trips. Travel insurance provides coverage against many travel-related risks such as loss of checked luggage, travel delay, accident, trip cancellation, medical emergency etc. In short, Travel insurance policies provide complete travel protection and travel assistance service. Thus it is always recommended to buy travel policy for international trips. Here is Top 5 Best Popular Travel insurance that you can purchase when you are planning for an International trip.

Travel Insurance Plans

What is Travel Insurance?

The insurance policy that provides protection against various travel related risks is known as travel insurance. It is very easy to buy this type of policy online and offline. There are multiple insurance providers that offer travel policy. You can purchase a travel protection policy for both domestic or international trips. The premium for a travel insurance policy is decided based on duration and destination. In India, it is not mandatory to have travel insurance coverage when you plan a journey. However, there are many countries such as Australia, America where it is mandatory to purchase travel protection policy for travel.

Also Read – Top 6 Best Term Insurance Plans in India

Which Travel Risk you can cover using Travel insurance?

Some common travel-related risk which are covered by Travel Insurance policy are –

  • Medical Emergency
  • Loss or theft of luggage
  • Loss of personal belonging or passport
  • Hijacking
  • Trip cancellation or Trip Delay
  • Accident injury or death
  • Disability benefit
  • Terrorism Incident

In addition to above there are many other risks that are covered by travel protection plans. So, make sure to buy travel insurance plan when you make your travel plans.

5 Best Popular Travel insurance Policies for International Trips

There are a large variety of insurance options available in the market. Travelers often get confused when it comes to buying the best travel Insurance policy. In order to help them here is detail about 5 Best Popular Travel Protection Policies for International Trips.

# SBI Travel Insurance Plan

SBI Travel Insurance Plan is first in the list of best travel plans. This plan provides a wide range of coverage including individual and family. Key features of this plan are given below.

  • This plan provide coverage up to USD 0.5 million
  • No medical check-up required to avail this plan
  • Comprehensive coverage
  • Personal accident coverage
  • Worldwide protection with 24×7 assistance
  • Transparent and quick claim settlement
  • Single Trip coverage up to 180 Days

# Care Travel Insurance

Care is one of the most popular and preferred travel insurance plans. It offers region-specific online travel insurance plans. You can get gold, silver and platinum plans. Key features of this plan are given below.

  • The maximum plan coverage offered by this plan is USD 10000.
  • You can get benefits like reimbursement of travel expenses in case of a medical emergency causing trip cancellation.
  • You can get Out-patient & In-patient Treatment.
  • It covers Loss of Passport & Checkin Baggage.

Also Read – 10 Tips to reduce Term Insurance Premium

# Tata AIG Travel Insurance

Tata AIG Travel Insurance is one of the best policy. TATA AIG policy is available in four different variants namely travel guard plan, student guard plan, Asia Travel guard plan and domestic travel guard plan. Key features of this plan are given below.

  • This plan is available for all ages up to 70 years
  • Pre-existing condition or any complication arising due to emergency condition is covered
  • Special plan available for domestic travel coverage
  • It provides comprehensive coverage including personal liability

# Bajaj Allianz Travel Insurance

Bajaj Allianz offers multiple types of travel Insurance policies like individual, family, senior citizen travel and student travel policy. Key features of this plan are given below.

  • Innovative plans to match individual needs
  • Quick and easy disbursement of the claims
  • This plan provides you emergency cash during foreign visit
  • Student and senior citizen specific insurance coverage
  • On call assistance and support anywhere

# HDFC ERGO Travel Insurance

HDFC ERGO is next in the list. HDFC ERGO provides three different plans individual, family and student travel coverage. Key features of HDFC ERGO are given below.

  • Option to select plan based on family size and age
  • This plan provide vast geographical coverage
  • 24×7 customer support facility
  • Comprehensive coverage
  • Exclusion is clearly defined
  • Most trusted brand

Things to consider before buying Travel Protection Policies

  • Compare insurance policies before buying. Make use of aggregator website for price and feature comparison.
  • Check for policy exclusion. Many travel protection policies does not cover pre-existing medical conditions.
  • Some policy covers specific accident or injuries only, hence it is recommended to read the policy document before making a buying decision.
  • The claim filing process of insurance plan should be hassle-free.
  • Maximize your travel coverage based on purpose of visit, destination and duration of stay.
  • Don’t forget to check if your travel insurance provider is registered with IRDA or not.

At the end, I would like to say that make sure to buy policy via licensed agent or web aggregators. Don’t buy a policy for sake of buying. Do your own research, compare plans and select the best travel insurance plan as per your requirement.

Happy Journey!

10 Best Popular Business Credit Cards in India

Shitanshu Kapadia
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0
10 Best Popular Business Credit Cards in India

Which are Business Credit Cards? A Credit card that offers exclusive benefits for business owners is known as Business Credit Card. Business owners can finance their business need including working capital by using these cards. They can make urgent payment and also buy equipment and raw material required for the business. A business owner can manage a separate business account and track business expenses including employee’s expenses using this credit card. A credit limit of business credit card is high. It clearly indicates that every business owner should opt for the best business credit card as per their need. Business credit cards are beneficial to every business owner including proprietors, partnership firm, companies, and small business owners. Key features, benefits and eligibility requirement including details about Top 10 Best Popular Business Credit Cards are given below.

Also Read – 7 Credit Cards against Fixed Deposit

Key Features and benefits of Business Credit Cards

Higher Credit Limit

A higher credit limit means an increase in spent capacity. These types of cards offer higher limit to the businessman. This will surely help a businessman in arranging finance at a shorter duration.

Expense Tracking Facility

A business credit card offers the facility of tracking all business expense at one place. This will help to spend control as well as tax preparation.

Rewards

This type of card offers exclusive rewards to the businessman. This includes travel benefits, cashback benefits, free airport lounge access, no annual fees etc.

Payment in Domestic as well as foreign currency

You can get the benefit of making payment in both domestic as well as foreign currency. This means if you want to start your business internationally it will help.

Secure Transaction

Business credit card offers enhance security on every transaction. There is no risk of losing cash or the burden of carrying cash around.

Budgeting Tool

Apart from expense tracking facility, you get budgeting tool for various expenses. This helps in doing budgeting and planning your expenses.

How to select Business Credit Card?

The factors for consideration while selecting a business card is given below.

  • Firstly, you should look at the credit limit offered by Credit Card Company or bank for the credit card. It is advisable to select a card with a higher credit limit facility.
  • Secondly, look at the interest rate in case of default and applicable processing fees. Go for a card with a lower interest rate.
  • You should also look at ease of getting card and documentation required before opting for the card.
  • Reward offers, cashback benefits and discounts also plays a vital role in the selection of credit card. One should select a card that offers maximum benefits.
  • You should evaluate card based on business benefits. E.g if you are traveling a lot you should select a card that offers maximum travel benefits.

Also Read – 10 Free Credit Cards in India – No Annual Fees

Documents required for Business Credit Cards

The document required for getting a business credit card varies from one company to other. However, in general, you require following documents for getting a credit card.

  • Identity Proof
  • Age Proof
  • Residential Address Proof
  • Income Proof, generally profit & loss account and balance sheet
  • MOA in the case of the ownership pattern is more than one.

Business Credit Cards

10 Best Popular Business Credit Cards in India

# SBI Platinum Corporate Credit Card

SBI Platinum Corporate Credit Card comes with exclusive privileges for the customers. This card is projected as a card for the global traveler as it is widely accepted and offers multiple travel benefits.

Key Features

  • SBI Platinum corporate credit card provides smarter spend management tool. You can have user-friendly dashboard for real time expense management.
  • You can have multilayer spend control for better expense management and control.
  • This card provides travel insurance and fraud related insurance.
  • It is globally accepted card recognized for highest international authorization approval rate.

Fees

Joining Fee – NIL

Annual Fee – NIL

Interest – 3.35% per month

For more information click here.

# HDFC Business MoneyBack Credit Card

HDFC Business MoneyBack Credit Card is one of the highest rewarding credit card. The credit card holders can enjoy 50 days of interest-free transactions from date of purchase.

Key Features

  • You can avail up to 5% cashback benefit on key business spending.
  • This card offers very good reward points which can be redeemed as cashback or air miles.
  • You can avail multiple exclusive business benefits using this card.

Fees

Joining Fee – NIL

Annual Fee – Rs.500

Interest – 3.45% per month 

For more information click here.

# My Business Credit Card – Axis Bank

My Business Credit card from axis bank is custom made card designed for daily need. This card offers multiple rewards and good earning potential.

Key Features

  • My Business Credit card comes with exclusive business saving plan that can be customized.
  • This card gives you complimentary lounge access at various airports across the country.
  • The Zero Lost Card Liability feature shields you from the liability of paying for fraudulent transactions

Fees

Joining Fee – Rs.999

Annual Fee – Rs.499

Interest – 3% per month 

# Citibank Corporate Card

Citibank Corporate Card provides exclusive privileges for corporate expenses. It is one of the most popular business credit cards.

Key Features

  • Exclusive spend management with very good reporting tool.
  • Never expiring reward points.
  • Secure online bill payment facility.
  • Cashless payment across multiple countries.

Fees

Annual Fee – Variable

Interest – 3.1% per month

For more information click here. 

# ICICI Bank Platinum Corporate Credit Card

ICICI Bank Corporate credit card is next in the list of popular business credit cards. This card offers up to 50 days interest free credit.

Key Features

  • Choice of liability options and controls over employee spending.
  • Advanced online reporting tool.
  • Spend breakup account wise.

Fees

Joining Fee – NIL

Annual Fee – Rs.499

Interest – 3.15% per month 

# Corporate Gold Card – Kotak

Corporate Gold Credit Card by Kotak is one of the best business credit card. This card is designed for corporate to manage their expense in a better manner.

Key Features

  • This card offers opportunities for saving and budgeting.
  • You can get fuel surcharge waiver across all petrol pumps in India.
  • You can get up to 48 days interest free period.

Fees

Joining Fee – NIL

Annual Fee – NIL

Interest – 3.30% per month 

# Business Gold Card – Standard Chartered

Business Gold Card by Standard Chartered is next in the list of best business credit cards. This card is exclusively designed for the self-employed.

Key Features

  • 5% Cashback on selected business expense.
  • 2X Reward points.
  • Lowest interest rate charges.

# YES First Business Credit Card

YES First Business credit card is one of the popular business credit card. Accelerated reward program and best foreign currency mark-up is plus point of this card.

Key Features

  • Welcome and Renewal Reward Points
  • Lowest Interest rate
  • Insurance coverage for travelling users
  • Easy reward redemption

Fees

Joining Fee – Rs.5000

Annual Fee – Rs.5000

Interest – 1.99% per month 

# Laghu Udhyami Credit Card – Allahabad Bank

Almost every bank offers credit card in Lagu Udhyami category. This type of card is specially designed for working capital requirement for business people. This card is given on hypothecation of assets. This card provides up to 10 Lakh as a term loan or working capital. This card is valid up to 3 years.

# Laghu Udhyami Credit Card – IDBI Bank

IDBI Bank also offers Lagu Udhyami Credit Card. You can get maximum 10 Lakh loan using this credit card. You need to do hypothecation of assets for availing this card. All IDBI bank customer with a satisfactory dealing record is eligible for this card.

Tips for Business Credit Cards

  • Holding a business credit card is beneficial for every businessman. However, it has to be used wisely.
  • Select a credit card based on your business need. If a card is not offering adequate business benefits go for another one.
  • Analyse your expenses thoroughly and use credit card statement for budgeting or cost cutting.
  • Make sure to clear your dues on time. This will help in building credit history.
  • Subscribe to instant notification SMS and e-mail alerts. Most of the credit card company provide this facility.

We hope the information given above is useful for small business owners and corporates. This information is as per the latest information available on the internet. I will update this post time to time based on the latest information available on best business credit cards.

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