DCB Bank ties up with Credit Sudhaar to offer credit card

The DCB Payless Card is a secured credit card with security of a fixed deposit, with convenience of a credit card

Bank has tied up with Credit Sudhaar, a credit health improvement company to offer DCB Payless Card to customers. The DCB Payless Card is a secured with the security of a and the convenience of a credit card.

The card is linked to a fixed deposit and the spending limit is 90% of the fixed deposit amount. In case someone defaults on the card, then their payment will automatically be deducted from the fixed deposit.

“If someone has difficulty in getting a credit card, then DCB Payless Card is a good option for them since it is a secured card,” said Arun Ramamurthy, co-founder, Credit Sudhaar.

The card combines the benefits of earning regular returns from a regular fixed deposit with the convenience of a credit card, says Abhijit Bose – Head Retail Assets and Strategic Alliances, DCB Bank. “For people looking to build or rebuild their credit history, the card acts as a tool to improve credit bureau scores with consistent good repayment record,” he adds.

About the importance of having a good credit score and credit health, Gaurav Wadhwani, co-founder, Credit Sudhhar says, “Your credit score plays a vital role in determining your financial health. It is a measure of how diligently you make payments towards your debt. Such a score is derived by credit bureaus by analyzing your credit history.”

image
Business Standard
177 22
Business Standard

DCB Bank ties up with Credit Sudhaar to offer credit card

The DCB Payless Card is a secured credit card with security of a fixed deposit, with convenience of a credit card

Priya Nair  |  Mumbai 

Bank has tied up with Credit Sudhaar, a credit health improvement company to offer DCB Payless Card to customers. The DCB Payless Card is a secured with the security of a and the convenience of a credit card.

The card is linked to a fixed deposit and the spending limit is 90% of the fixed deposit amount. In case someone defaults on the card, then their payment will automatically be deducted from the fixed deposit.

“If someone has difficulty in getting a credit card, then DCB Payless Card is a good option for them since it is a secured card,” said Arun Ramamurthy, co-founder, Credit Sudhaar.

The card combines the benefits of earning regular returns from a regular fixed deposit with the convenience of a credit card, says Abhijit Bose – Head Retail Assets and Strategic Alliances, DCB Bank. “For people looking to build or rebuild their credit history, the card acts as a tool to improve credit bureau scores with consistent good repayment record,” he adds.

About the importance of having a good credit score and credit health, Gaurav Wadhwani, co-founder, Credit Sudhhar says, “Your credit score plays a vital role in determining your financial health. It is a measure of how diligently you make payments towards your debt. Such a score is derived by credit bureaus by analyzing your credit history.”

RECOMMENDED FOR YOU

DCB Bank ties up with Credit Sudhaar to offer credit card

The DCB Payless Card is a secured credit card with security of a fixed deposit, with convenience of a credit card

DCB Bank has tied up with Credit Sudhaar, a credit health improvement company to offer DCB Payless Card to customers. The DCB Payless Card is a secured credit card with the security of a fixed deposit and the convenience of a credit card.
Bank has tied up with Credit Sudhaar, a credit health improvement company to offer DCB Payless Card to customers. The DCB Payless Card is a secured with the security of a and the convenience of a credit card.

The card is linked to a fixed deposit and the spending limit is 90% of the fixed deposit amount. In case someone defaults on the card, then their payment will automatically be deducted from the fixed deposit.

“If someone has difficulty in getting a credit card, then DCB Payless Card is a good option for them since it is a secured card,” said Arun Ramamurthy, co-founder, Credit Sudhaar.

The card combines the benefits of earning regular returns from a regular fixed deposit with the convenience of a credit card, says Abhijit Bose – Head Retail Assets and Strategic Alliances, DCB Bank. “For people looking to build or rebuild their credit history, the card acts as a tool to improve credit bureau scores with consistent good repayment record,” he adds.

About the importance of having a good credit score and credit health, Gaurav Wadhwani, co-founder, Credit Sudhhar says, “Your credit score plays a vital role in determining your financial health. It is a measure of how diligently you make payments towards your debt. Such a score is derived by credit bureaus by analyzing your credit history.”
image
Business Standard
177 22
Widgets Magazine

More News

Widgets Magazine
Widgets Magazine
Advertisement

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard