The collaboration is seeking to provide an unparalleled seamless credit consumption experience to the digitally-savvy consumers in the country.
The card is set to offer users full digital control over their credit card interactions — ranging from real-time transactions tracking, spending management, EMI conversion, reward redemption, repayments, and monthly budget planning to credit limit adjustments and seamless payments, all in one app.
Vikas Kumar, Chief General Manager (Retail & MSME) of Indian Bank said:
“Indian Bank, recognised for its commitment to embracing technological advancements, continues to prioritise delivering customers a smooth, digitally-centred experience.
“The bank’s reputation as a significant technology contributor within the banking industry highlights its commitment to fostering innovation. Bank is entering into partnership with different Fintechs to offer state-of-the-art technology to its customers.
“Our motto is to bring the best innovation and technology in our offerings, be responsive to the unique need of each customer through all channels of choice, to provide value to the stakeholders and to empower and engage our employees.”
The card has been designed with simplicity in mind, as it looks to offer a transparent solution of users, that puts them back in control of their credit card interactions
Anurag Sinha, Co-founder & CEO of OneCard said: “We are thrilled to collaborate with Indian Bank and cater to the mobile-native generation in the country.
“This partnership is a testament to our commitment to re-imagining and redefining credit offerings by bringing together the strong balance-sheet and long-standing brand & trust of a large public sector bank and our approach of thinking from first principles, to offer highly tech-enabled, customised credit solutions to the customer.
“This association further fuels our vision of proliferating a digital credit consumption experience, powered by our intuitive app.”
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