HT Bureau
GUWAHATI, March 1: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) and HDFC Bank announced a partnership to launch co-branded travel credit cards on Wednesday. Known as the IRCTC HDFC Bank Credit Card, the newly launched co-branded card is in a single variant and is available exclusively on NPCI’s Rupay network.
The card aims to provide exclusive benefits and maximum savings on bookings of train tickets booked through the IRCTC’s ticketing website and the IRCTC Rail Connect app. Additionally, IRCTC HDFC Bank Credit cardholders will enjoy an attractive joining bonus, discounts on bookings, and access to the several executive lounges at railway stations across the country. The credit card was launched by Rajni Hasija, chairman & managing director, IRCTC in the presence of Parag Rao, group head – Payments, Consumer Finance, Digital Banking, and IT, HDFC Bank as well as Praveena Rai, COO, NPCI at a ceremony held at New Delhi.
Commenting on the association, Rajni Hasija, chairman & managing director, IRCTC said, “HDFC Bank is among the largest and most trusted banks in the country. We are delighted to partner with them for this initiative. The co-branded card offers exclusive access to newly opened state-of-the-art lounges at most major railway stations. The credit card will help to streamline online transactions and at the same time offer best-in-class benefits as well as experience to our customers.”
Parag Rao, group head – Payments, Consumer Finance, Digital Banking, and IT, at HDFC Bank added, “HDFC Bank is committed to providing best-in-class banking services to the nation. The IRCTC HDFC Bank Credit Card will enable us to offer our card to millions of Indians across the country. Indian Railways is one of the biggest public sector enterprises in the country and we are delighted to be the first private sector bank to partner with IRCTC to enhance the customer experience for train travelers, right from the time of booking their tickets. As the largest card issuer in the country, it is our endeavor consistently to find new ways to nurture and support the payments ecosystem in India.”