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YES Bank launches ‘Incredible India Travel Card’

08 Mar 2013 Evaluate

YES Bank in association with the Tourism Ministry has unveiled an ‘Incredible India Travel Card’. This pre-paid card travel card was unveiled by Minister of State for Tourism, at the ITB Fair in Berlin, Germany.

With this, YES Bank becomes the only bank to tie up with the Tourism Ministry to help promote the ‘Incredible India’ initiative. Denominated in Indian rupees, the pre-paid card can be preloaded with a value of up to Rs 50,000 at any point of time, subject to basic ‘know your client’ procedures. The card can also be used at any point of sale terminals and to withdraw cash from ATMs across the country.

The card, expected to be especially useful for visitors to India, will be distributed through the bank’s exclusive branch network, full-fledged money changers and Government-recognized third party vendors, such as travel agents, hotels, and airport kiosks.

Yes Bank, the private sector lender offers a full-range of client-focused corporate banking services, including working capital finance, specialized corporate finance, trade and transactional services, treasury risk management services, investment banking solutions and liquidity management solutions among others to a highly focused client base.

Peers
Company Name CMP
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