AU Small Finance Bank (AU SFB) has recently made waves in the financial industry with the launch of two new credit cards – the AU SPONT Rupay Credit Card and the Secured Credit Card – NOMO (No Missing Out). These innovative products are part of AU SFB’s commitment to enhancing customer experience and providing tailored financial solutions.
The NOMO Credit Card is a secured credit card backed by a fixed deposit, making it an ideal option for users who may not qualify for unsecured credit cards due to factors like limited credit history or income proof. This card offers reward points, airport lounge access, and fuel surcharge waivers, providing a range of benefits to cardholders.
In addition to the credit cards, AU SFB has also introduced the AU 0101 Business App, designed to cater to the needs of proprietorships and MSMEs. This app offers a range of banking products and value-added services to help businesses manage their finances effectively. With features like digital QR onboarding, instant QR settlements, and payment collections, the AU 0101 Business App aims to streamline banking processes for business customers.
Furthermore, AU SFB has launched ATM Insurance, allowing customers to purchase insurance through the bank’s ATMs using their debit cards. This innovative approach to insurance sales has set a new industry standard, with AU SFB even filing for patents to protect their unique processes.
Sanjay Agarwal, Founder, MD & CEO of AU Small Finance Bank, expressed his excitement about the new products, stating, “Whether it’s seamless UPI transactions, secure credit access, purchasing insurance through ATMs or WhatsApp, our objective is to provide solutions that enrich our customers’ lives.” With these new offerings, AU SFB continues to lead the way in customer-friendly banking experiences.