Central Bank launches slew of credit and debit cards -Governance Now

Central Bank launches slew of credit and debit cards

Student prepaid card for disbursement of scholarship also launched

PTI | September 27, 2012

Central Bank of India has launched a slew of cards in both debit and credit categories on the MasterCard platform apart from other innovative banking solutions.

The city-based state-run lender had introduced credit cards to the country way back in 1980.

It launched three debit cards (international shopping, platinum and a NexGen card for the 10-17 year-olds), two credit cards (world credit card, a co-branded one with the Indian Dental Association) and a student prepaid card for disbursement of scholarship in Chhattisgarh in the presence of Bank Chairman and Managing Director M V Tankasale on Wednesday in Mumbai.

The world credit card comes with a bouquet of features like free air ticket, zero surcharge on petrol filling, loyalty points for every Rs 100 spent, airport lounge access, insurance cover and many more offers and value additions.

The bank also introduced on-line deposit products for net banking customers. Its debit card customers can now book railway tickets through the IRCTC platform.

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