Cover image for post: Finding Your Montreal Student Nest: A Guide for Indian Students
All-Country Canada 10 JUL, 2024

Finding Your Montreal Student Nest: A Guide for Indian Students

Bonjour Montréal! Your Guide to Student Accommodation (Indian Students)

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Finding Your Perfect Montreal Niche

Montreal’s vibrant student life attracts a significant number of Indian students. However, securing your student accommodation can feel overwhelming. This guide empowers you to find your ideal place, ensuring a smooth start to your Montreal experience.

Student Housing Options Galore

Montreal offers a diverse range of student housing options to suit your needs and preferences:

  • On-campus accommodation: Provided by your university, these residences offer a sense of community, convenience, and sometimes meal plans. Explore options through McGill University https://www.mcgill.ca/students/housing/ and Concordia University https://www.concordia.ca/students/housing.html websites.
  • Private student residences: Similar to on-campus halls but with more flexibility and potentially modern amenities. Explore options near your university on websites like Lester B. Pearson School Board [invalid URL removed] or Student Housing Services (SHS) [invalid URL removed].
  • Apartments and shared houses: Sharing an apartment or house with fellow students allows for more independence and control over living arrangements. Discover listings on platforms like [Kijiji]([invalid URL removed]?) or Facebook Marketplace.

Finding Your Perfect Match

  • University Accommodation Office: Your university’s accommodation office is a great starting point, especially for on-campus options. They can guide you through the process and offer support.
  • Online listing portals: Leverage online platforms like the ones mentioned above to browse through a wide range of options. Filter listings based on your budget, location, and desired amenities. Consider using a student-friendly multi-currency card like Niyo to save on international transaction fees while securing your accommodation. Niyo’s app is a one-stop solution for all your study abroad needs, including finding accommodation.

Cost Considerations

The cost of student accommodation in Montreal varies depending on the type of housing, location, and amenities. On average, expect to pay between $600 and $1200 per month.

Saving on Forex:

While securing your accommodation, remember to factor in forex charges. Consider using a student-friendly multi-currency card like Niyo to save on international transaction fees.

What is Niyo-

Niyo is an Indian fintech that provides banking innovative products to make Indian’s travel easier basThe Niyo card is a revolutionary alternative to traditional forex cards and cash currency exchange. Enjoy zero forex markups, no transaction fees, and no annual charges. Use it seamlessly as a debit card in India and for international transactions in over 180+ countries.

Why Choose Niyo for Your Study Abroad Journey?

  • Save Up to ₹1 Lakh per Year: With zero forex markups, you keep more of your money for tuition, living expenses, and adventures.
  • Fastest Way to Get Money from India: No extra charges for international transactions, making it a breeze to manage your finances abroad.
  • Free Cash Withdrawals: Access your funds easily for daily expenses, wherever you are.
  • Earn Up to 8% Interest: Grow your savings while you study with Niyo’s high-yield savings account.
  • 24/7 In-app Chat Support: Get assistance whenever you need it, right from your phone.

What is the Niyo Card?

Niyo Debit Card is a debit card that comes with the Niyo savings account opened at one of Niyo’s partner Banks ( DCB, SBM, and Equitas). This account and card functions similar to any other Indian savings account and debit card with standard features. The unique aspect of Niyo card is that it can be used in 190+ countries without incurring any forex markups or other charges.

Problem with other cards

Generally, if you get the money transferred abroad with a forex card or bank transfers you will have to pay heavy forex markups, taxes and other hidden charges every time. All these are waived off in this card for lifetime.

Example: Suppose you are studying in USA and let’s say the current Dollar to INR rate is ₹80 per dollar. You swipe your Niyo card at coffee shop for $10. Only ₹800 (80 x 10) will be deducted from your Niyo account – that’s it! No hidden fees or markups.

This will help you save at least up to 5% on your entire education budget.

Key Features of Niyo

  • 💁Zero Forex charges on all International spends in foreign

  • 🙅No Joining Fee or Minimum Balance required

  • 📖Free ATM Withdrawals Abroad ( withdrawal fee reversed in form of Niyo Coins )

  • 💮Free Airport Lounge Access across the globe ( on spending more than 50k with Niyo Card)

  • 💸Load and unload  money with Gpay/PhonePay/UPI 24x7" without any charges

  • ⌚24 x 7 In-app chat support

How to get the Niyo Card- Its 100% digital

  • Download the Niyo app.

  • Fill in your Adhar, Pan and Passport Details

  • Complete VKYC

  • Your free Niyo card will be delivered to your mentioned address within 3-5 working days

How to add money to your Niyo Card?

Just like you add money to your savings account via UPI, Bank transfer, in the same way you will get Niyo account details in the niyo app and you can withdraw or deposit money to the Niyo account 24x7 without any charges.

You’ll also earn upto 8% interest on the account balance

Exclusive offers with the Niyo Card for Indian students

  • ISIC card worth 999 that gets you student discounts across the globe for free
  • Free airport lounge access at international terminals in India on referring 5 friends.
  • In app offers on multiple brands

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