LIC-CSL, IDBI Bank launch RuPay prepaid gift card 'Shagun'2 min read 15 Jun 2021, 06:45 PM IST
The gift card comes with loading options ranging between ₹500 and ₹10,000 can be used for contactless transaction up to ₹5,000
The card will be available only to LIC and its subsidiaries and associates; a public launch will happen in coming months
LIC Cards Services Limited (LIC-CSL) joined hands with IDBI Bank to launch launched contactless prepaid gift card ‘Shagun’ on RuPay platform. This card is meant to expand the gift card market with an intent to promote cashless ways of gifting and present a wide range of end-use choices while preparing for the foray into e-gift card market.