HDFC Bank launches festive offers, partners with 10,000 merchants
Customers will be able to get personal loans starting at 10.25% with fast disbursement in their accounts, among other incentives.
HDFC Bank has announced the launch of its Festive Treats 3.0 campaign. The campaign will offer over 10,000 deals on credit cards, loans, and easy EMIs. Over 10,000 merchants have collaborated with the private sector lender in over 100 locations. It provides its customers with deals tailored to their personal and commercial needs, according to the bank. The banks provide several cash banks and no cost-EMI on premium phones. It will also give a cashback of up to 22.5% and no-cost EMIs on electronics and consumer items like washing machines and refrigerators. Customers will be able to get personal loans starting at 10.25% with fast disbursement in their accounts, among other incentives.
According to the bank, one can acquire a car loan for up to 7.50% with no foreclosure fees. One can also take funding of up to 100% on two-wheeler loans, and four percent reduced interest rates.
There is no processing fee on tractor loans. It has funding of up to 90%. There is a 50% processing fee reduction on commercial vehicle loans.
The lender is also offering collateral-free business loans up to Rs 75 lakh, as well as a 50% discount on processing fees.
“Festive Treat 3.0 is here to make this holiday season even more enjoyable. We have over 10,000 offerings, both online and offline, as well as hyperlocal deals “Parag Rao, the lender’s Group Head for Payments, Consumer Finance, Digital Banking, and IT, said.
“Our credit card promotions aren’t only about making a strong comeback. It’s all about boosting India’s consumption. We’re encouraged to do so because an HDFC Bank card accounts for roughly one-third of all credit, debit, and prepaid card spending in India “he stated.