ICICI Bank has launched Festive Bonanza on Wednesday, which is getting many offers.
ICICI Bank has launched Festive Bonanza on Wednesday, which is getting many offers. There are discounts and cashback on products from big brands and e-commerce platforms. In this, retail and business customers are also getting attractive benefits on many banking products and services. Some offers will be available from 1 October 2020 and others will come from some date during the festive season.
Offer on debit and credit card usage
According to the statement issued by the bank, it has offers on many categories including electronics and gadgets, jewellery, grocery and food orders, automobiles and furniture, entertainment and e-learning. Brands that are offering attractive discounts include Amazon, Flipkart, BigBasket, Grofers, Jomato, Swiggy, Pepperfry.
Customers can take advantage of these offers through ICICI Bank’s debit and credit cards, net banking and mobile banking app iMobile. They are also getting offers on banking services and products like loans, debit and credit cards, savings and current accounts, NRI accounts, money transfers, consumer finance etc.
Benefits offered on loan products
- On transferring the balance of home loan from home loan and other banks, the attractive interest rate (repo rate linked) starts from 6.90 percent and the processing fee starts from Rs 3,000.
- In auto loans, customers will get flexible schemes. The EMI is Rs 1,554 per 1 lakh for a tenure of 84 months. Female customers get flat processing fees of Rs 1,999.
- The EMI on a two-wheeler loan is Rs 36 per 1,000 for a 36-month tenure, which is low. There is a special processing fee of Rs 999.
- Interest on instant personal loan starts at 10.50% per cent and has processing fees of Rs 3,999.
- No Coast EMI is available on major brands of home appliances and digital products.
Offers to retail customers and business customers include loan processing fees, reduced EMI, gift vouchers and other benefits. The bank has tied up with big brands. Users of ICICI Bank Credit / Debit Card, Net Banking and Digital Wallet Banking Pocket are also getting benefits. It has 10 percent discount on Amazon, Flipkart, Paytm and Tata Cliq.
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