MoneyWorks4Me

HDFC Bank to offer two million credit, debit cards to millennials in next two years

23 Aug 2019 Evaluate

HDFC Bank is aiming to add two million credit and debit cards targeted exclusively at youngsters in the next two years. The offering launched for millennials - generally referred to people born in the 1980s or thereafter - includes a range of credit, debit, prepaid and EMI (earnest monthly instalments) variants.

The cards, christened Millennia come with a slew of features like 5 per cent cash back on shopping and 1 per cent fuel surcharge waiver.

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 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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