New Delhi: HDFC Bank launched ‘Festive Treats’ for clients on Wednesday, offering special offers on all banking products.
The offers will be available on the full range of financial solutions for retail and business clients with discounts on loan processing fees, reduced EMI, refunds, gift vouchers and more benefits, the Bank said in a statement.
The Bank offers a 50 percent discount on processing fees for auto loans, personal loans, and business growth loans, and a zero processing fee on loans for two-wheelers.
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HDFC Bank has also partnered with retail brands to offer additional discounts, rebates and reward points on both in-store and online purchases. Online specialties like Amazon, TataCliq, Myntra, Pepperfry, Swiggy, and Grofers will offer special deals during this time. Leading consumer and retail brands such as Lifestyle, Bata, Monte Carlo. Vijay Sales, Kohinoor, GRT, ORRA are some of the big names that will offer 5 to 15 percent cash back on various products and services.
With 53 percent of branches in semi-urban and rural areas, the bank plans to bring this offering to the most remote corners of the country. It has partnered with hyperlocal and kirana stores to align more than 2,000 regional offerings.
On all Apple products, including the most recent launches, HDFC Bank customers can get a refund of up to Rs 7000. A buyer can take advantage of a refund of up to 22.5 percent and convert their purchases to an EMI at no additional cost in leading brands such as Samsung, LG, Sony, Godrej and Panasonic.
Aditya Puri, MD, HDFC Bank said: “These are unprecedented times. What we have witnessed is that even during this period, the people of our country have shown courage and endurance. The launch of #FestiveTreats is our effort to celebrate this spirit of India. After the lockdown, we are seeing green shoots. We want to generate positivity and boost consumption. We want to be there for our clients and make sure they have everything they need to meet their demands this year.
“Consumers have slowed down shopping during closing and there is a lot of pent-up demand that has built up in the system,” said Mr. Parag Rao, Country Head – Payment Business, Merchant Acquiring Services and Marketing, HDFC Bank.
“In the last 2-3 months we have seen renewed customer interest and buying patterns. We see that this will continue throughout the festive season as well. Our effort is that no matter what the dream is, with HDFC Bank money should not be a limitation for our clients. Therefore, we are putting together a never-before-seen range of over 1000 offers across all brands and on all of our banking products in one place. We are sure that we will fulfill all the dreams of our clients through Festive Treats ”, he added.
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