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RazorpayX Corporate Cards for Startups with Mastercard

26 June 20251 min read
BANKING & FINANCERazorpayXCorporate Cardsfor Startups withMastercard26 June 2025safalsetu.com

To close the credit gap faced by startups, RazorpayX brought out a corporate card product in June 2025.

Key facts

  • Issuer partners: Mastercard, RBL Bank and YES Bank.
  • Limit: up to ₹2 crore, no collateral needed.
  • Liability: business spending does not touch founders’ personal credit scores.
  • Forex: mark-up fee of only 2.5%.
  • Target users: startups that struggle to get formal credit.

Exam angle

  • RazorpayX is the business banking arm of Razorpay.
  • Key numbers: ₹2 crore and 2.5%.

Test yourself

1. What is the maximum collateral-free credit limit on RazorpayX Corporate Cards?

The limit goes up to ₹2 crore without collateral.

2. What forex mark-up fee do RazorpayX Corporate Cards carry?

The mark-up is 2.5%.

3. RazorpayX is the business banking arm of which company?

RazorpayX is Razorpay's business banking arm.

This topic is part of Daily Current Affairs 26 June 2025 (21 topics).

All topics of the dayDay quizJune 2025

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