Swift Cards Limited was set up in 1997 to finance infrastructure, focusing primarily on project finance and mobilization of capital for private sector infrastructure development. Whether it is financial intermediation for infrastructure projects and services, whether adding value through innovative products to the infrastructure value chain or asset maintenance of existing infrastructure projects, the company focused on supporting organisations to get the best credit cards. The Company’s ability to tap global as well as Indian financial resources made it the acknowledged experts in infrastructure finance. Dr. Kanhaiya Lal joined the company in 2005 and successfully expanded the business to Asset Management, Institutional Broking, and Infrastructure Debt Fund. He applied for a commercial banking license to the RBI in 2013. In 2014, the Reserve Bank of India (RBI) granted an in-principle approval to Swift Cards Limited to set up a new bank in the private sector. Following this, the Swift Cards Limited divested its infrastructure finance assets and liabilities to a new entity - Swift Cards Bank- through demerger. Thus, Swift Carda Bank was created by demerger of the infrastructure, lending business of Swift Cards to Swift Cards Bank in 2015.
The Swift Cards Credit Card not only takes care of your daily credit needs but also helps you with any emergency cash requirements. Besides this, you can earn accelerated rewards on your spends, a complimentary health membership, discounts and cashbacks on various categories, as well as easy EMI finance options.
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