MoneyWorks4Me

HDFC Bank issues 3 lakh instant credit cards within a year of its launch

18 Dec 2017 Evaluate

HDFC Bank has issued 3 lakh instant credit cards within a year of its launch. Launched in January this year, InstaCard is delivered to customers within an hour of applying for a credit card in quick and easy steps on net-banking.

With InstaCard, customers can do online transactions on e-commerce websites immediately on receipt of the InstaCard. The physical card is then delivered to the customers within a few days.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.


Peers
Company Name CMP
HDFC Bank 704.70
ICICI Bank 1352.00
Axis Bank 1251.70
Kotak Mahindra Bank 439.00
Indusind Bank 877.25
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