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Paisabazaar & SBM Bank India Launch FD-Backed Credit Card for Credit Building
✍️ Latestly
🗓 26 Jun 2026, 05:32 AM
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Paisabazaar and SBM Bank India have introduced the SBM Paisabazaar Paisa+ Credit Card, a secured credit card backed by a fixed deposit, aimed at assisting individuals in improving their credit health and earning cashback.
Paisabazaar, a prominent financial marketplace in India, has partnered with SBM Bank India to launch a new credit card. The SBM Paisabazaar Paisa+ Credit Card is designed as a secured credit card, meaning it is backed by a fixed deposit.
This initiative aims to support consumers who are looking to establish or enhance their credit history. By utilizing a fixed deposit as collateral, the card offers a pathway to building creditworthiness.
In addition to credit building, cardholders will also benefit from earning cashback on their regular expenditures, making it a tool for both financial health improvement and everyday savings.
This initiative aims to support consumers who are looking to establish or enhance their credit history. By utilizing a fixed deposit as collateral, the card offers a pathway to building creditworthiness.
In addition to credit building, cardholders will also benefit from earning cashback on their regular expenditures, making it a tool for both financial health improvement and everyday savings.