MoneyWorks4Me

Central Bank of India launches prepaid card in partnership with Suvidhaa retailer

12 Sep 2013 Evaluate

Central Bank of India has launched a prepaid card for retailers in partnership with Suvidhaa retailer. This new card will enable people to pay their utility bills, taxes and book tickets by going to the nearest Suvidhaa outlets.

Suvidhaa will charge a small service fee over and above the bill amount. This new card can be used by any customer, including those who do not have a bank account or an email id. Currently, the Suvidhaa retailer has over 65,000 outlets across 2,800 towns in India.

Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,118 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs).

Peers
Company Name CMP
State Bank Of India 947.60
PNB 116.25
Bank Of Baroda 238.30
Canara Bank 119.40
Union Bank Of India 173.65
View more..