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SVC Co-operative Bank in Partnership with NPCI Launches Rewards Programme

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SVC Bank has tied up with National Payments Corporation of India (NPCI) for a rewards programme

On October 24, 2020 SVC Co-operative Bank(Formerly known as The Shamrao Vithal Co-operative Bank Ltd.) entered into partnership with National Payments Corporation of India (NPCI) to launch a rewards programme.

The loyalty management program is designed to make the banking experience more rewarding for the customers of the bank.

Key Info about Rewards Programme

i.The customers will earn points upon the use of SVC Bank Cards and digital solutions.

ii.These points can be redeemed to purchase products and services  across the brands in electronics, home decor, fashion, lifestyle, sports and fitness and health and beauty.

Other banks which launched Rewards Programme/Platform

NPCI has launched ‘nth Rewards’, a business intelligence and analytics enabled omni-channel multi-branded loyalty platform.

Recent Related News:

On 10th September 2020, ICICI Bank launched its comprehensive banking programme for the Startups named “iStartup 2.0” which will support the requirements of the startups like regulatory assistance, analytics, staffing, acquisition and digital outreach of customers.

About SVC Co-operative Bank:

Managing Director– Ajit E. Venugopalan
HeadOffice– Mumbai, Maharashtra

About National Payment Corporation of India (NPCI):

Head Office– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Dilip Asbe