MoneyWorks4Me

Central Bank of India launches new range of credit, debit and prepaid cards

27 Sep 2012 Evaluate

The state-owned Central Bank of India has collaborated with MasterCard to launch a new range of credit, debit and prepaid cards. The bank has launched two credit cards - World Credit Card and Co-branded card with Indian Dental Association while in its debit card segment it has launched three cards - International shopping debit card, Platinum Debit Card and Nexgen debit card for minors. Besides, the bank has also launched a Student Prepaid card for disbursement of scholarship.

The card can be used for almost all requirements, be it shopping, buying movie tickets, dining out, fuelling up your vehicle, booking railway tickets, hospitals, on e- commerce platforms- just about any financial requirement, whether planned or impulsive.

Besides, the bank has also come out with innovative banking solutions. It became the first public sector bank to launch on-line deposit product for its net banking customers. It has also launched railway ticketing through IRCTC portal.

Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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