HDFC Bank Offer Savings Upto Rs 45000 This Festive Season; Challenges Amazon, Flipkart With Deep Discounts!

We all are very much aware of the ongoing sales launched by Amazon, Flipkart and Paytm, which have the country in a frenzy for the three four days that they will last.

Not to be left behind by these e-commerce giants is..a bank! Yes, HDFC has announced a new ‘Festive Treats’ scheme, which will last for not four days, not five days, but three whole months!

And for three months, HDFC will be offering some great deals on shopping for its customers, if shopped with an HDFC debit or credit card, or their SmartBuy platform.

Find out about HDFC’s new ‘Festive Treats’ plan and the discounts it offers right below!

HDFC Competes With Amazon, Flipkart; Launches ‘Festive Treats’

The managing director and chief executive Aditya Puri announced that customers will get ‘mega offers’ on Flipkart and Amazon for three to four days alone, and that this campaign will be launched for three months only.

HDFC will analyse the offers made by various dealers and present its customers with the most optimum one for them.

He also said, “We are confident about the India consumption story. The launch of Festive Treats is our effort to further boost it. We believe that we have the products, the reach, the platform and the partners to make this the biggest festive campaign of the season.”

HDFC has stated that these festive offers will be made available to retail and business customers with discounts on processing fee on loans, reduced EMIs, gift vouchers, among other benefits.

Here Are Some Of HDFC’s Festive Treats Offers

The bank has reportedly tied up with quite some big names, such as Reliance Digital, Samsung, LG, Apple, Yatra, OYO, Lifestyle, Myntra, Vijay Sales, Hamleys, HP, Big Basket, which will give a discount of about 10% to customers on numerous items and products.

If you purchase the iPhone 11 online using HDFC SmartBuy plan, you will be eligible for 10X reward points. In addition to that, you will get Rs. 7000 in the form of a cashback if you pay for your shopping through HDFC debit/credit card at offline stores.

HDFC will also give a discount if 50% on the processing fees of business loans granted to small business enterprises. This indicates that there will be a saving of Rs. 45,000 on the processing fees on a business loan of an amount of Rs. 50 lakh.