City Union Bank Credit Card

Hello sir I am Viram and I am here as I want to know about Gold Card Scheme for Exporters of City Union Bank so please tell me about this scheme??

[Shaleen]

City Union Bank has introduced a scheme called CUB Gold Card Scheme for Exporters to ensure expeditious and timely provision of financial assistance to the export sector at competitive rates of interest and remove procedural hassles.
The Scheme aims to further simplify access to bank credit by exporter’s especially small and medium exporters and make it borrower friendly in terms of procedure and credit terms.
The Scheme further envisages certain additional benefits based on the record of performance of the exporters.

Eligibility Criteria
The eligibility criteria for exporters for consideration under the Scheme are as under:
1. The accounts have been classified as Standard continuously for a period of three years.
2. The account is rated as ‘very low’ or ‘low’ risk as per our Bank’s rating policy
3. The names of the exporter, the promoters and guarantors should not be in the Specific Approval List (SAL) of ECGC and/or in the defaulter’s list/ caution list of the Reserve Bank of India.
4. The exporter should satisfy the special rating criteria of our Bank specified for awarding the Gold Card.