Power Corridors/ New Delhi / Piyush Dhar
IndusInd Bank has issued India’s first corporate credit card on RuPay network, named eSvarna. Currently there is no joining fee or any annual fee on the eSvarna Rupay Corporate Credit Card.
IndusInd Bank has issued India’s first corporate credit card on RuPay network, named eSvarna. It can be used to link with any UPI supporting app and then payments can be made.
Although many retail credit cards have been launched on the RuPay network, IndusInd Bank claims that eSvarna is India’s first corporate credit card launched on this network, which can also be linked with UPI. Currently there is no joining fee or any annual fee on the eSvarna Rupay Corporate Credit Card.
What does offer?
This credit card is targeting business cardholders who travel a lot and need airport lounge access frequently.
It is important to note that this credit card can be used only for business transactions and cannot be used for personal expenses. According to IndusInd Bank, corporate travelers will get comprehensive insurance coverage and will also benefit from an exclusive rewards program.
Lounge access is available 10 times a year
According to IndusInd Bank website, Rupay eSvarna credit card holders will get 8 domestic and 2 international complimentary lounge visits every year. Apart from this, fuel surcharge waiver of 1 percent will also be available on this card. For this you will have to do a transaction between Rs 400-4000. In case of loss of this card, an insurance cover of up to Rs 15 lakh is available.
No fear of card theft
If your card or card details are stolen and used by someone, then the comprehensive insurance offered by the bank gives you relief. This covers unauthorized transactions using the card in case the card is lost or stolen. Travel insurance facility is also available on this card, which covers your passport, ticket, baggage delay, missing connecting flight and air accident death.