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Corporation Card Launches Gift Card

Corporation Card Launches Gift Card

16 October 2009

The Corporation Bank recently lunched CorpBank Visa Gift Card as per the guidelines issued by the Reserve Bank of India recently and in association with VISA. The bank is among the first of India’s leading public sector banks to launch a gift card.

Shri G. C. Chaturvedi, Additional Secretary (FS), Ministry of Finance, Government of India, formally launched the new gift card in New Delhi on Tuesday. Shri J. M. Garg, the chairman and managing director of Corporation Bank presided over the inauguration ceremony. 

Shri Asit Pal, the executive director of the bank; Shri Uttam Nayak, the country manager, South Asia, VISA; Shri A. Mohan Rao, Shri B. R. Bhat, and Shri H. S. Saini, general managers of the bank, were present at the inaugural programme. 

CorpBank VISA Gift Card, a prepaid plastic card, is an ideal gift to give instead of cash, gift vouchers, and other gift articles. Since it functions like a debit card, the card holder can use it to purchase any item required or dine in selected restaurants. The card can be used all over the India in 5 lakh VISA Merchant locations. Card holders can use it at multiple outlets and as many times as they wish till its amount is exhausted. The card is valid for one year. 

Consumers can order CorpBank Visa Gift Cards worth a minimum of Rs. 1000 and a maximum of Rs. 5000. Since a lost gift card can be replaced, it is safer than cash. The card holder can also view all the card transactions and get a free statement from or call toll-free number 1800 425 2407 in case of queries. 

CorpBank Visa Gift Card is an ideal gift for employees, customers, and suppliers during festive seasons. Moreover, the bank has customized its cards to suit special consumer requirements during festival occasions such as Diwali, Christmas, Navarathri, Holi, Valentine’s Day, and so on.

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