Poonawalla Fincorp Limited, in conjunction with IndusInd Bank, unveiled the co-branded ‘IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card’, aiming to revolutionize and enhance the banking experience for its clientele. This collaborative effort signifies a significant milestone in Poonawalla Fincorp’s ongoing dedication to delivering customized financial solutions tailored to meet the evolving requirements of its esteemed patrons.
The IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Card offers an array of distinctive features, including zero joining and annual fees, rewards accumulation on every ₹100 spent (excluding fuel), incentives on UPI transactions (Scan & Pay), 2.5 times reward points on e-commerce transactions (excluding fuel, travel & low interchange MCC), cash credit of reward points at a higher value of ₹0.40 for each reward, Buy One Get One movie ticket (up to ₹200) through BookMyShow once a month, fuel surcharge waiver of 1%, and additional rewards of 3000 reward points upon milestone achievement.
Abhay Bhutada, Managing Director of Poonawalla Fincorp, articulated the importance of this collaboration, stating, “We are delighted to introduce the ‘IndusInd Bank Poonawalla Fincorp eLite RuPay Platinum credit card’, underscoring our commitment to realizing the aspirations of our clientele. Through this offering, we endeavor to enhance digital engagement with our existing customers while expanding our outreach to new segments.”
Established as a non-deposit taking systemically important non-banking finance company (ND-SI-NBFC) under the aegis of the Cyrus Poonawalla group, Poonawalla Fincorp Limited is regulated by the Reserve Bank of India (RBI). With nearly three decades of operational expertise, the company is publicly listed on both the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).
Embracing core values encapsulated by the acronym “P”, which signifies Passion, Principles, Purpose, People, and Possibilities, Poonawalla Fincorp boasts a widespread presence across 19 states. As of March 31, 2024, the company’s standalone Assets Under Management (AUM) amounted to ₹25,003 crore, supported by a workforce of approximately 2300 employees. Its diverse portfolio encompasses pre-owned car finance, personal loans, loans to professionals, business loans, loans against property, supply chain finance, machinery loans, medical equipment loans, and consumer loans.
