Financial Daily from THE HINDU group of publications
Thursday, Mar 02, 2006
Financial Daily from THE HINDU group of publications Thursday, Mar 02, 2006 |
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Corporate
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Announcements Money & Banking - Credit Cards & Debit Cards MyTVS Club HP Smart1 card launched Our Bureau
Card use With Club HP Smart1, which is a prepaid card, a customer can pay for petrol and diesel fills, lubricants, vehicle servicing, tyres, batteries and auto accessories as well as provisions and utilities at the HP Speedmart.
Chennai , March 1 Hindustan Petroleum Corporation Ltd (HPCL) and MyTVS plan to acquire a customer base of 50,000 in Tamil Nadu and Kerala through the newly launched MyTVS Club HP Smart1 cards in the next nine months. The card will then go national in a phased manner. Mr B. Gururajan, General Manager, HPCL, said that this card entitles car owners to all the services offered by Club HP Smart1 and also utilise MyTVS 24X7 emergency services. Initially the card would be available across Tamil Nadu and Pondicherry. ICICI Bank, which is the sole franchisee of the Club HP Smart1 card, will also provide the back-end service. Mr V. Nagarajan, Regional Manager, ICICI Bank, said that there would be three channels to distribute the cards, starting with the `feet on the street', the 250 MyTVS outlets and ICICI's auto finance cells. The card is priced at Rs 365 per car per year and is renewable after one year. With Club HP Smart1, which is a prepaid card, a customer can pay for petrol and diesel fills, lubricants, vehicle servicing, tyres, batteries and auto accessories as well as provisions and utilities at the HP Speedmart. Mr Girish Paliath, General Manager, MyTVS, said that MyTVS is a multi brand, after-market integrated car service from the TVS Group. The services include buying and selling of used cars, regular maintenance services, collision repair services and 24x7 emergency services.
More Stories on : Announcements | Credit Cards & Debit Cards | Cars | Hindustan Petroleum Corporation Ltd | ICICI Bank Ltd
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