10.60 (1.16%) HDFC Bank and Equitas Small Finance Bank (SFB) have partnered to launch new co-branded credit cards. The credit cards will be available for Equitas Small Finance Bank's customers. There are two categories of credit cards - Excite Credit Card and Elegance Credit Card. While Excite credit card will offer a credit limit from Rs 25,000 to Rs 2 lakh, Elegance offers a credit of over Rs 2 lakh.
This first-of-its-kind partnership for HDFC Bank will enable to extend best-in-class offerings in the cards segment to Equitas Small Finance Bank's customers and provide them with a highly rewarding credit card experience. HDFC Bank is the leading player in the payments ecosystem with a dominant share in both cards issuing and acquiring business. It has over 21 lakh acceptance points, making it among the largest facilitators of cashless payments in the country.
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.