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Discounts In Festive Seasons

Expect heavy discounts this festive season as companies clear excess stock

India's festive season, which stretches from Onam to Diwali and includes Navratri, Durga Puja, and Dussehra, is the country's largest consumption period, contributing to 20-30% of annual sales

Expect heavy discounts this festive season as companies clear excess stock
Updated On : 03 Sep 2024 | 10:33 AM IST

OEM, dealers to play Santa during year-end for EV passenger vehicles

Carmakers, dealers offering discounts up to Rs 4 lakh

OEM, dealers to play Santa during year-end for EV passenger vehicles
Updated On : 20 Dec 2023 | 11:12 PM IST
Updated On : 25 Oct 2023 | 1:14 PM IST

Deep discounts on offer to light up car sales in India before Diwali

Average October discounts are up 40-50% compared to last year

Deep discounts on offer to light up car sales in India before Diwali
Updated On : 20 Oct 2023 | 11:54 PM IST

Car discounts sputter in Aug but set to regain speed: Who offers what

Anticipated strong festival demand in automotive industry may lead to reduced discounts for utility vehicles

Car discounts sputter in Aug but set to regain speed: Who offers what
Updated On : 31 Aug 2023 | 11:28 PM IST

SBI, HDFC offer discounted home loans at 8.40% as part of festive sales

Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 per cent as part of their festive offerings. SBI in a statement said that its home loan book has topped the Rs 6 lakh crore mark, a first in the industry. The leading lender said it is offering up to 25 bps discount on interest rate to new home loan borrowers, making the entry level rate at 8.40 per cent and the offer will run up to January 31, 2023. The largest pure-play mortgage player HDFC, which is awaiting its merger with its banking subsidiary HDFC Bank, said it's also offering discounted interest rates to new borrowers to the tune of 20 bps or at 8.40 per cent. According to HDFC website, the festive offer is valid up to November 30, and the low rate will be applicable to those borrowers who have a minimum credit score of 750. Leading banks and mortgage players have increased their lending rates by up to 0.50 percentage point after the Reserve Bank

SBI, HDFC offer discounted home loans at 8.40% as part of festive sales
Updated On : 12 Oct 2022 | 10:23 PM IST

SBI home loan book crosses Rs 6 trn-mark; launches festival discounts

The nation's largest lender State Bank on Wednesday said its home loan book has surpassed the Rs 6-lakh-crore-mark, making it the largest in the industry. To mark the occasion, the bank also announced a festive offer for home loan buyers, offering up to 25 bps discount on interest rate starting at 8.40 per cent and also the waiver of the processing fee till January 31, 2023. The lower interest will also be applicable to balance transfers. The bank had crossed the Rs 5 lakh crore mark in January 2021, the bank said in a statement, adding it is the first lender to achieve the Rs 6 lakh crore milestone in the residential home category. As a part of the festive offer, SBI will offer a concession of up to 0.25 per cent on home loans, 0.15 per cent on top-up loans, and 0.30 per cent on loans against property, the bank said, adding the offer also includes waiving off the processing fees up to January 31, 2023. Commenting on the milestone, its chairman Dinesh Khara said SBI has over 28 lak

SBI home loan book crosses Rs 6 trn-mark; launches festival discounts
Updated On : 12 Oct 2022 | 4:55 PM IST

Retailers are offering lowest discounts this festive season: Here's why

Low discount offers with few promotions expected to continue in festive season

Retailers are offering lowest discounts this festive season: Here's why
Updated On : 21 Aug 2020 | 10:40 AM IST

Post-sale discount under GST: A clear position may help boost festive sales

Discounts are a well-understood concept commercially, as well as under tax laws

Post-sale discount under GST: A clear position may help boost festive sales
Updated On : 15 Sep 2019 | 9:37 PM IST

Be smart this festive season

Upfront cash discounts are always better than other freebies as they translate in real savings

Be smart this festive season
Updated On : 19 Oct 2017 | 12:21 AM IST