Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
23 March, 2017 07:37 IST
BoB introduces RuPay Platinum debit card in association with NPCI
Source: IRIS | 08 Jun, 2015, 12.10PM
Comments  |  Post Comment

Bank of Baroda, one of the leading public sector lenders, in association with National Payments Corporation of India (NPCI) has launched three new products RuPay Platinum Debit Card, Card to Card Fund Transfer and IMPS for RRBs.

RuPay Platinum Debit Card will provide attractive offers and value added facilities to cardholders including Rs 2 lakh Insurance Cover, 5% cash back on bill payments, fuel surcharge waiver upto Rs.75 per month, cash back of Rs 25/- on train ticket booking, complimentary airport lounge access and concierge services, apart from activation offers at Cafe Coffee Day and The Mobile Store.

Card to Card Fund Transfer is an instant fund transfer facility using "Debit Card Number" of the beneficiary without requiring account number / IFSC. It is a simple, secured and convenient method to transfer funds 24 x 7. 

IMPS for RRBs (Inward remittance) facility is enabled for 1826 branches of bank's 3 RRBs. This is a quick transfer facility with a turnaround time of 18 seconds.

Speaking on the launch, Ranjan Dhawan, MD & CEO, Bank of Baroda, (Q,N,C,F)* said, "Digital product innovation and digitization of processes are keys to deliver convenient service to customers and to improve operational efficiency." 

"We feel proud to partner with Bank of Baroda, and are extremely delighted that the bank has launched the premium 'RuPay Platinum Debit card' for the eligible customers. With huge customer base of BoB in the country, RuPay Platinum card will certainly create  a difference in the premium card market segment and will extend the gains to customers through unique offers that are widely acceptable at all payment channels - ATM, PoS and eCommerce," says A P Hota, MD & CEO, NPCI.

Shares of the bank declined Rs 5.4, or 3.35%, to trade at Rs 155.85. The total volume of shares traded was 203,252 at the BSE (12.02 p.m., Monday).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Bharat Wire Ropes commences production at Chalisgaon manufacturing facility - 22-Mar-2017 13:43
Crude oil price of Indian basket rises marginally - 22-Mar-2017 11:29
Subex surges as board to consider raising of funds - 22-Mar-2017 10:59
Nila Infrastructures jumps after securing two projects - 22-Mar-2017 10:56
Wockhardt climbs after USFDA nod for piperacillin, tazobactam - 22-Mar-2017 10:49
Puravankara Projects gets nod to exit Rs 4.03 bn investment - 22-Mar-2017 10:18
Adani Enterprises acquires 100% stake in AIPL - 22-Mar-2017 10:10
Nila Infra enters into two LoA for development of bus terminal - 22-Mar-2017 10:01
HUL commences commercial production at new manufacturing unit in Assam - 22-Mar-2017 09:54
Wockhardt gets USFDA nod for generic version of Zosyn - 22-Mar-2017 09:10
NBCC inks agreement with Republic of Mauritius - 21-Mar-2017 15:02
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer