IndusInd Bank introduces Samman RuPay Credit Card for Government Employees

Current Context: IndusInd Bank launched the ‘Samman RuPay Credit Card’ for government employees on January 9, 2024. This credit card is UPI-enabled and offers a range of exclusive benefits.

• Here are some key features:
• Cashback: 1% cashback on all retail spends up to Rs. 20,000.
• Movie Tickets: Complimentary movie tickets.
• No Charges on Cash Advances: No charges for cash withdrawals.
• Waivers: Waivers on surcharges for transactions done through IRCTC and fuel purchases.
• Joining Fee: No joining fee.
• Renewal Fee: Rs. 199, which can be waived by spending Rs. 75,000 in a year
• This card is designed to provide financial incentives and simplify the day-to-day transactional experience of government employees.

Question:

Q.1 Who is the target audience for the ‘Samman RuPay Credit Card’?
a. Students
b. Private Sector Employees
c. Government Employees
d. Senior Citizens