New Delhi: HDFC Bank and CSC on Tuesday launched a co-branded 'Small Business MoneyBack Credit Card' for small traders and village level entrepreneurs (VLEs).
The credit card is specifically designed for CSC's VLEs, and VLE-sourced customers, and will give users easy access to credit for their day-to-day business expenses, according to a statement.
The card was launched by HDFC Bank MD Aditya Puri and CSC Chief Dinesh Kumar Tyagi.
Personalised cards were handed out to a few women entrepreneurs during the occasion, the statement said.
CSCs act as access points for delivery of various services and there are 3.6 lakh such centres operating across the country.
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At present, as much as Rs 70,000 crore worth of business is transacted through the network of Common Services Centres (CSCs), which apart from providing a platform for essential government and public utility services also deliver a range of social welfare schemes, financial services, education and skill development courses, healthcare, agriculture services and digital literacy.
HDFC Bank and CSC had entered into a pact in July 2018 as part of which the bank will offer various products and services in remote locations to VLEs enrolled with CSCs.
