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BFSL partnered with NPCI

Published on November 20, 2021
Current Context: BoB Financial Solutions Limited (BFSL) has partnered with the National Payment Corporation of India (NPCI) to launch BoB Credit Cards.
BFSL partnered with NPCI
  • The BFSL is a wholly-owned subsidiary of the Bank of Baroda (BoB).
  • The BoB Credit Cards in two variants namely Easy and Premier will be launched on the RuPay platform.
  • Both variants of credit cards were launched on the JCB International Network to support global acceptance.
  • The 5X reward points on select merchant categories are linked to the card.
  • It offers fuel surcharge waivers, pre and post-purchase EMI offers to the user.
  • The personal accidental death insurance cover upto Rs 50 lakh is granted on Premier type of credit card.
  • Static Part: 
    • HQ of BFSL and NPCI: Mumbai

Question: 

Q.1 The BoB Financial Solutions Limited (BFSL) partnered with which entity to launch BoB Credit Cards?
a. PayPal
b. TechProcess Solutions
c. Federation of Indian Chambers of Commerce & Industry 
d. National Payment Corporation of India

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