Apple has announced a cash back of up to Rs 7,000 for all new products. Merchants can offer cash back up to 22.5%. Customers will also be able to purchase products from leading brands such as Samsung, LG, Sony, Godrej and Panasonic at a monthly refund at no extra cost.
HDFC Bank has announced over 2000 offers in the online and offline business areas during the festive season.
Aditya Puri, managing director of the bank, told a news conference that the offer, which includes cash back, will cover more than a thousand merchants.
50% discount on processing fees for auto loans, personal loans and business loans. Processing charges for two-wheelers have been waived as part of the ‘Festive Treat’ offer.
Offers are available in both cities and villages. In addition to clothing and jewelry during the festive season, mobile phone, electronic and consumer products can be purchased with the bank’s credit card and debit card at discounts, cashback and additional reward points. For this, the bank has entered into agreements with several retail brands.
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It has also entered into agreements with local grocery stores to offer more than 2000 offers. Parag Rao, head of digital banking and consumer finance, said the bank was prepared to assess the emerging market for new consumer products.
Apple has announced a cash back of up to Rs 7,000 for all new products. Merchants can offer cash back up to 22.5%. He added that customers will also be able to purchase products from leading brands such as Samsung, LG, Sony, Godrej and Panasonic at a monthly refund at no extra cost.
According to Aditya Puri, managing director of the bank, the market will have more business potential in the future than in the past. Given the current situation, the return of some industries may take longer. At the same time, he noted that growth in fast-growing consumer durables (FMCG), steel and auto sectors has begun to show signs of recovery.
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