Country's second largest private sector lender HDFC Bank, which has launched 'sonic branding' or a musical logo, today said it will spend over Rs 30 crore to promote the new brand positioning which stresses on the digital banking.
"We have launched a distinct tune which represents the brand. This is a part of a national campaign that was launched before Diwali", its marketing head Kartik Jain told PTI.
The 'sonic branding' is being included at all the touch-points like ATMs and phone-banking application, where customers will hear the tune, he said.
The effort is part of a national marketing campaign stressing the digital banking, he said.