DBS Financial institution India launches its first bank card in partnership with Bajaj Finance
- All Type News
- on Jun 07, 2022
- co-branded bank cards’Bajaj Finserv DBS Financial institution SuperCard’ Designed to de-clutter clients’ wallets and remove the necessity for a number of bank cards
- Clients can select from 6 variants that supply best-in-class rewards, together with Rs. Together with welcome bonus. 20,000 Money Factors, and earn Money Factors on card utilization that goes as much as 20X on reaching milestones
- SuperCard presents clients unique Bajaj Finserv EMI Community and Bajaj Finserv Well being Advantages
- SuperCard gives a seamless, end-to-end digital expertise by way of the unique DBS Card+ cellular app. Clients won’t solely be capable to management their card, verify their bills, use their Money Factors and pay their payments, but additionally obtain a customized life-style feed that features curated presents and life-style content material.
Mumbai, India, 7 June 2022 /PRNewswire/ — DBS Financial institution India broadcasts the launch of its first bank card India In partnership with Bajaj Finance Restricted, co-branded ,Bajaj Finserv DBS Financial institution SuperCard‘, Visa. operated by, Designed to de-clutter clients’ wallets, the SuperCard eliminates the necessity to have a number of bank cards.
Each common and co-branded bank cards are well-liked out there, with clients choosing them for the distinct advantages. Whereas common bank cards supply presents and rewards throughout classes, co-branded playing cards additionally supply further advantages on companions’ services or products.
The one-of-a-kind providing SuperCard will supply its clients advantages and rewards throughout varied product classes and unique advantages on Bajaj Finserv’s vary of services and products accessible throughout the nation.
Prashant JoshiHead – Client Banking Group, DBS Financial institution India, Instructed, “The launch of our first bank card is a milestone for DBS Financial institution India, We have constructed an end-to-end digital expertise for a mobile-first digital-native viewers that stays true to our strengths. SuperCard is a transformative bank card expertise curated to remove friction within the cost journey and transparency in billing in order that clients stay extra and banks much less,
The bank card house is witnessing sturdy development. We’re assured that the SuperCard, developed in partnership with Bajaj Finance, will assist remove the necessity for a number of playing cards, improve entry to credit score and supply our clients with engaging rewards and advantages, because of the BFL franchise community. Our imaginative and prescient is to leverage the strengths of each the organizations and supply an finish product that ensures wealthy rewards and the very best buyer expertise.,
Anoop SahayDeputy CEO, Bajaj Finance Restricted Instructed,It’s our fixed endeavor to rework how monetary companies are delivered preserving our clients on the core of it. Our partnership with DBS Financial institution for this co-branded bank card additional strengthens our place to supply a seamless buyer expertise. Our digital onboarding journey allows the shopper to avail SuperCard seamlessly throughout all our digital property and begin utilizing it immediately!
The Bajaj Finserv DBS Financial institution SuperCard, because the title suggests, not solely presents varied industry-first advantages throughout life-style, journey and membership classes, but additionally unique Bajaj Finserv ‘No-Value-EMI’ loans like cashback on down-payment Finserve additionally presents EMI Community advantages. and redemption of money factors in opposition to the identical. It additionally contains the well being advantages of Bajaj Finserv. Placing all of those collectively, this card is a transparent contender to grow to be essentially the most Favourite playing cards in our clients’ wallets,
Sandeep Ghoshgroup nation supervisor, India And South AsiaVisa Stated, “As extra shoppers flip to bank cards for his or her day by day and discretionary wants, they actively search easy accessibility to credit score with curated advantages and privileges. Bajaj Finserv DBS Financial institution SuperCard has each Designed to supply the very best of the world, we’re excited to associate with DBS Financial institution as they launch their first bank card India And I’m positive the cardboard’s distinctive worth proposition will enchantment to a big phase of Indian shoppers.”
A number of the advantages are given beneath:
- The SuperCard can be accessible in six variants with a welcome bonus of as much as 20,000 money factors. It will increase the shopper’s Money Factors as much as 10 instances each month on attaining month-to-month milestone spend. Clients may take pleasure in as much as 20X Instantaneous Money Factors after they spend by way of DBS Card+ cellular app and Bajaj Finserv app.
- Clients can apply for the cardboard by way of all digital channels of Bajaj Finance Restricted from the consolation of their dwelling and get their paperless KYC achieved on the identical day, enabling them to begin utilizing their card immediately.
- Supercard permits clients to avail as much as 5% cashback (as much as INR 500 per transaction) on down cost of client sturdy mortgage at Bajaj Finance EMI Community shops.
- SuperCard permits clients to subscribe to numerous subscriptions like Disney Hotstar, Zomato Professional by way of DBS Card+ cellular app and stand up to 40% cashback within the type of Money Factors.
- Different card advantages embody a particular well being plan on Bajaj Finserv Well being that provides deeply discounted tele-consultations from physicians throughout the area IndiaAirport lounge entry, as much as 50 days curiosity free money withdrawal, gas surcharge waiver, and straightforward conversion of bills to EMIs from INR 2500
- Clients will get entry to DBS Delights, an unique platform the place they’ll redeem Money Factors and avail curated presents throughout high manufacturers within the Buying, Eating, Journey and Healthcare segments.
Via this partnership, DBS Financial institution India and Bajaj Finance intention to create an entire digital expertise and proposition for purchasers whereas catering to a big buyer franchise throughout the geographical distribution of Bajaj Finance Restricted.
DBS Financial institution efficiently launched its first bank card in partnership with Bajaj Finance Restricted (BFL) Piyush Gupta (DBS Group CEO), surojit shome (DBS India CEO) and Bajaj Finserv Management Rajeev Jain (BFL CEO) and Anoop Sahay (BFL Deputy CEO), Visa Management Sandeep Ghosh (Group Nation Supervisor, India And South Asia), the place he unveiled Bajaj Finserv DBS Financial institution SuperCard.
About Bajaj Finance Restricted
Bajaj Finance Restricted, the lending arm of Bajaj Finserv Restricted, is among the most diversified NBFCs within the Indian market, serving over 50 million clients throughout the nation. the headquarters PuneThe corporate’s product providing contains client sturdy loans, life-style finance, digital product finance, private loans, mortgage in opposition to property, small enterprise loans, wallets, co-branded bank cards, two wheeler and three wheeler loans, industrial loans / SME loans . , loans in opposition to securities and rural finance together with gold loans with mounted deposits and automobile refinance loans. Bajaj Finance Restricted’s home credit standing is AAA/Secure for long run borrowing, A1+ for brief time period borrowing and FAAA/Secure and MAAA (Secure) for its FD programme. It has a long-term issuer credit standing of BB+/constructive and a short-term ranking of B by S&P International Rankings.
To know extra go to https://www.bajajfinserv.in
DBS is a number one monetary companies group Asia With 18 markets. Acknowledged for its world management, DBS has been named “World’s Greatest Financial institution” by Euromoney, “International Financial institution of the Yr” by The Banker and “Greatest Financial institution within the World” by International Finance. The financial institution is on the forefront of leveraging digital know-how to form the way forward for banking, having been named the “World’s Greatest Digital Financial institution” by Euromoney and the world’s “Most Revolutionary in Digital Banking” by The Banker. As well as, DBS has been awarded the “Safe Financial institution” AsiaAward by International Finance for 13 consecutive years from 2009 to 2021. DBS was additionally ranked No. 1 in Forbes’ checklist of the World’s Greatest Banks. India for 2 consecutive years.
DBS Financial institution is current in India For 28 years, opening its first workplace in Mumbai in 1994. DBS Financial institution India Restricted is the primary among the many massive international banks India To start operations as an entirely owned, regionally integrated subsidiary of a number one world financial institution. DBS gives a full vary of banking companies for big, medium and small enterprises and particular person shoppers: India, In 2016, DBS launched of India DigiBank, the primary mobile-only financial institution with ~1 million financial savings accounts. In November 2020Lakshmi Vilas Financial institution was merged with DBS Financial institution India Restricted. The financial institution now has a community of round 600 branches in 19 states of India.
DBS gives a full vary of client, SME and company banking companies. Born and raised as a financial institution Asia, DBS understands the intricacies of doing enterprise within the area’s most dynamic markets. DBS is dedicated to constructing lasting relationships with clients and positively impacting communities by supporting social enterprises, because it banks the Asian manner. It has additionally established a SGD 50 million basis to strengthen its Company Social Accountability efforts in Singapore and Asia. In 2020, DBS launched the “In the direction of Zero Meals Waste” initiative as a part of a world sustainability train to encourage adjustments in conduct and mindset to cut back meals waste.
With its vast community of operations Asia And with an emphasis on partaking and empowering its workers, DBS presents thrilling profession alternatives. The Financial institution acknowledges the fervour, dedication and spirit of motion of our 30,000+ workers representing over 40 nations. For extra info please go to www.dbs.com,
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