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Paisabazaar, SBM bank announce to launch Step Up credit card

Paisabazaar, SBM bank announce to launch Step Up credit card_50.1

Paisabazaar.com, India’s largest lending marketplace & Credit Score platform and SBM Bank India, the youngest universal Bank announced the launch of “Step Up Credit Card” – a credit-builder product designed for consumers with limited access to formal credit, due to ineligible credit score. It is the first product to be launched under Paisabazaar’s neo-lending strategy.

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About the “Step Up Credit Card”

  • The Step Up Credit Card, built in partnership with SBM Bank India, is the first product to be launched under Paisabazaar’s neo-lending strategy.
  • A secured card provided against a fixed deposit (with SBM Bank India), Step Up Card helps consumers with damaged credit or those with no credit history to steadily build their Credit Score.

Important takeaways for all competitive exams:

  • Paisabazaar Founded: 15 December 2011;
  • Paisabazaar Founders: Naveen Kukreja, Yashish Dahiya.

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