SBI Card share price hits fresh 52-week high on festive season offers, stock up 4%
Published On: Wednesday, October 14, 2020 | By: Team KnowMyStock
Shares of SBI Cards and Payments gained 4 per cent and hit a new high of Rs 892 on the BSE on Wednesday in an otherwise weak market. The company said it has kick-started festive season offers in line with the changing shopping trends and customers will be offered discounts as well as cashback across a host of brands. With over 1,000 offers across 2,000 cities, SBI Card aspires to bring customers rewarding shopping experience on their festive season purchases, The festive offers that started from Oct.1 will run till Nov. 15, 2020. Offers are available nationally across marquee brands such as Amazon, Brand Factory, Croma, Caratlane, Fabindia, FirstCry, Grofers, Home centre, Samsung Mobile, Lloyds, More Hypermarket, More Supermarket, Pantaloons and Tata Cliq.
In addition, to make festive purchases more affordable, SBI Card customers can avail EMI purchase the facility at over 1.3 lakh stores, also the offers include attractive cash backs, as well as instant discounts ranging up to 10 per cent, said Ashwini Kumar Tewari, MD & CEO, SBI Card .Equated monthly instalment at no extra cost is also available on big-ticket items with popular brands in electronics and mobiles, he said.
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