Fintech Platform U GRO Capital Partners With SBM Bank India To Launch Credit Card For MSMEs

GRO Smart Business credit card
Indian startup news

U GRO Capital, a fintech platform focused on addressing the capital needs of small businesses, announced the launch of the GRO Smart Business credit card.

The fintech platform has launched the GRO Smart Business credit card powered by RuPay, along with EnKash, in partnership with SBM Bank India for the micro, small and medium enterprises (MSMEs).

Specially designed for MSMEs, the GRO Smart Business credit card will help them receive additional credit facility, as well as other benefits from SBM Bank India, including a fixed deposit scheme.

Talking about the GRO Smart Business’ credit card, Shachindra Nath, Executive Chairman and Managing Director, U GRO Capital, said, 

“The ‘GRO Smart Business’ credit card will allow our MSME customers to manage their urgent credit requirements and cash-flows effectively. MSMEs face a frequent need for urgent credit, catering to which becomes a challenge causing drastic cash flow disruptions. This arrangement will enable the businesses to tackle these situations effectively.”

The terms and conditions for the GRO Smart Business credit card facility shall be as per the existing policies of U GRO Capital. Visit their website to more about the detail.

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