The co-branded cards are targeted at the ample articulation of bodies in metros and non-metros who accept no acclaim cards. These will accept abounding customer-friendly features, including no-cost EMI options, accessible borrowing rates, agenda acquittal solutions and more. The cards will additionally avowal adorable offers and deals, said the coffer in a statement.
With this affiliation RBL Coffer hopes to strengthen its calibration of operations in the acclaim cards business, and additionally accredit Bajaj Finance, to aggrandize its EMI network, abnormally in the customer accounts space.
RBL Coffer will use agenda and API cyberbanking technology to action a adjustable and seamless artefact to customers. On the added hand, Bajaj Accounts will action the co-branded cards to its abundant abject of 18 actor customers, which the aggregation said is growing at 25-30% annually. The co-branded acclaim cards will be accessible to both absolute and new barter of the NBFC.
“We are blessed to accompany easily with Bajaj Finance, a appalling amateur in the retail lending space, and action an agitative and adorable acclaim agenda account to our customers. Our co-branded acclaim cards appear with a ambit of benefits, including affiliation with adaptable wallets and advantage of best cardinal of establishments. Our acclaim agenda business has performed consistently able-bodied and we are assured that our new co-branded agenda will be well-received in ablaze of the demonetisation move,” said Vishwavir Ahuja, arch controlling of RBL Bank.
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