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UCO Bank launches RuPay Select Contactless Debit Card on their 79th Inauguration Day 

The ‘UCO Bank RuPay Select Contactless Debit Card’ is for the premium customer base of UCO Bank who can enjoy the benefits while shopping with handpicked top-tier merchants

by Suman Gupta

Mumbai/Kolkata – 11 January 2022:  UCO Bank has launched the UCO Bank RuPay Select Contactless Debit Card for its premium customer segment in association with the National Payments Corporation of India (NPCI), on the occasion of the 79th Inauguration Day of the bank. This contactless debit card comes with a host of benefits and has been curated keeping in mind the needs and lifestyle of premium/HNI customers of the bank. The card also offers an ATM withdrawal limit of INR 50000 along with a purchase of up to INR 2 lakh at POS or E-Commerce, to its users.

Shri Ishraq Ali Khan, Executive Director, UCO Bank said, “UCO Bank is delighted to offer another excellent product for its esteemed customers. The RuPay Select Card will bring a number of premium facilities for various strata of customers ranging from Club to Gym membership, domestic to international lounge, and many more which re-confirm our resolve to provide Best in Class experience to our Customers. In a series of flagship products like UCO Corporate Mobile Banking, RuPay Select Card will definitely be able to get a warm response from Corporate and HNI Customers. This product will open another chapter of successful collaboration with NPCI to achieve the target of truly Digital India.”

Ms. Praveena Rai, COO, NPCI said, “We are delighted to collaborate with UCO Bank to launch the UCO Bank RuPay Select Contactless NCMC Debit Card commemorating the 79th Foundation Day of the bank. The newly launched card is stacked with benefits and value propositions tailored to meet the varied lifestyle and shopping needs of the premium customer segment. We believe that this RuPay powered debit card will provide an unparalleled and superior user experience to HNI customers. RuPay has gone from strength to strength, and is swiftly becoming a preferred card network for the premium customer segment.”

The salient features of UCO Bank RuPay Select Contactless Debit Card include:

ü  All RuPay Select Contactless Debit cardholders are eligible for the Insurance cover of up to INR 10 lakhs (Death due to personal accident and permanent disability)

ü  Two free domestic lounge access per quarter. Also, free access across more than 25 airports lounges in 15 cities

ü  Two free international lounge access per annum. Access to more than 500 lounges in 300+ cities

ü  15 Days free gym membership and 40-50% discounted price on the extension of the membership

ü  1 Complimentary SPA session and 40-50% discount on additional sessions throughout the year.

ü  1 Complimentary premium health check-up package in a year

ü  1 Complimentary Golf coaching lesson/session in a year

About UCO Bank:UCO Bank, formerly United Commercial Bank, established on 6th January 1943 in Kolkata, is one of the nationalized banks in India. During FY 2020–21, its total business was 3.24 lakh crore. Based on 2020 data, it is ranked 80 on the Fortune India 500 list. UCO Bank was ranked 1948 in Forbes Global 2000 list of the year 2018. As of 30 March 2017, the bank had 4,000 plus service units 49 zonal offices spread all over India. It also has two overseas branches in Singapore and Hong Kong. UCO Bank’s headquarters is on BTM Sarani, Kolkata. G. D. Birla, an eminent Indian industrialist, during the Quit India movement of 1942, conceived the idea of organising a commercial bank with Indian capital and management, and the United Commercial Bank Limited was incorporated to give shape to that idea. The bank was started with Kolkata as its head office with an issued capital of ₹2 crores and a paid-up capital of ₹1 crore. Birla was its chairman and the Board of Directors included eminent personalities of India drawn from many fields. The bank opened 14 branches simultaneously across India.

About NPCI:National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC Fastag) and Bharat BillPay. NPCI also launched UPI 2.0 to offer more secure and comprehensive services to consumers and merchants.

NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.

For more information, visit: https://www.npci.org.in/

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