Categories: Agreements

Paisabazaar, SBM bank announce to launch Step Up credit card

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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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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