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HDFC Bank Launches ‘Festive Treats’ 2.0: Waiver in processing fees

Business News by Business News
September 30, 2020
in Finance
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HDFC Bank has once again brought its annual financial services blast ‘Festive Treats’. It is named ‘Festive Treats’ 2.0. Under this, customers of the bank can avail special deals on all banking products, from loans to bank accounts. Customers will be offered more than 1000 offers from big companies. Apart from this, more than 2000 hyper local offers will be made in partnership with local merchants of semi-urban and rural areas.

Given the situation of Kovid 19, the benefits of all deals and offers will be taken digitally this year. In addition, these can also be acquired through bank branches, partner stores, dealerships. HDFC Bank hopes that due to the festive season, in addition to clothing, jewelery and dining in category, there will be good demand in mobile, consumer durables and electronics category.

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What are the benefits included

Offers under ‘Festive Treats’ 2.0 will be available for retail as well as for business customers at all financial solutions. These include concession in processing fees on loan, reduced EMI, cashback, gift voucher etc. HDFC Bank has also tied up with retail brands to offer discounts, cashback and extra reward points on purchases both in-store and online.

Online giants such as Amazon, Tata Click, Myntra, Pepperfry, Swiggy and Growers will offer special deals to HDFC Bank customers under ‘Festive Treats’ 2.0. The giants will offer cashback of 5 to 15% on various products and services such as retail and consumer brands such as Lifestyle, Bata, Monte Carlo, Vijay Sales, Kohinoor, GRT, ORRA etc.

Plan to benefit remote areas of the country

The bank plans to take these offerings to the most remote areas of the country through 53 per cent branches in semi-urban and rural areas. HDFC Bank has partnered with hyperlocal stores and grocery stores to offer more than 2000 offers at the regional level.

A glimpse of the benefits of festive treats campaign

HDFC Bank customers can get cashback of up to Rs 7000 on all Apple products including new launches.
Customers can avail up to 22.5% cashback on the purchase of products from big brands like Samsung, LG, Sony, Godrej, Panasonic. Also, you can convert your purchase to No Extra Cost EMI.
HDFC Bank is offering a 50 percent discount on processing fees for auto loans, personal loans and business growth loans. Apart from this, zero processing fees are being offered on two-wheeler loans.

 

Source: www.financialexpress.com

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