Festival offer: Axis Bank offers a discount on debit and credit card purchases

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In its clarification, Axis Bank said it has adhered to its underwriting practices and approval processes for any exposure taken with respect to Srei Equipment Finance and Srei Infrastructure Finance (collectively, “Srei Entities”).

Giving the festival season a kickstart, Ash bank announced numerous discounts on various consumer platforms on Tuesday, as well as loans at special rates.
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Among the ‘Dil se Open Celebrations’, which offers deals and discounts on more than 1 lakh branded products when purchased through credit and debit cards from Axis Bank, the lender said it has partnered with a number of top brands for the festival season’s offer.

The bank also offers some important benefits to customers who need a loan, namely home loans from 6.90 percent, car loans at 7.99 percent and up to 100 percent road financing.

The offering will allow retail and corporate clients to take advantage of benefits from Axis Bank and its subsidiaries Axis Finance and Axis Direct, it said in a press release.

Cardholders can enjoy various offers by shopping directly from partner brands and through the ‘Grab Deals’ platform, which is hosted on the bank’s website and applies to products in various categories such as electronics, clothing, groceries, entertainment and more , it said.

The bank works with some of the top brands such as: Amazon, flip card, Westside, Marks & Spencers, Samsung, LG, Tata CLiQ, Whirlpool, HP, D Mart and more. Customers can also take advantage of attractive EMIs (equivalent monthly installments) on these purchases.

Among other things, in the loan offer, customers are offered two-wheeler loans with EMIs as low as Rs 278 per Rs 10,000 for a 48-month term and up to 100 percent road financing.

Personal loans are offered from 10.49 percent (EMI Rs 2,149 per lakh); education loans at 10.50 percent to transfer the existing loans, and gold loans over Rs 2 lakh with processing fee of 0.25 percent.

In addition, it will also offer business and working capital loans at attractive interest rates.

“This holiday season, we’ve partnered with prestigious brands to provide our customers with a wide variety of options to choose from,” said Ravi Narayanan, president and head (branch banking, retail liabilities and products) at Axis Bank.

He added that Axis Bank offers special interest rates on home loans, auto loans, gold loans and business loans.

In addition to the bank, Axis Direct also offers 50% brokerage cashback on trades during the Mahurat trade (November 14), EDGE reward points on the first SIP trade with stocks, and the first trade on mobile phone application.

Axis Finance is offering an exclusive discount of up to 20 percent at select Just In Time stores on brands such as Swarovski, Citizen, Seiko and Tissot, with no processing fees and no down payment for loans up to 6 months.

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