Icici Bank launches ‘Festive Bonanza’ – Checklist of rebates available on loan brands and offers

By CNBCTV18.com IST (Released)


Festive shopping: ICICI Bank offers discounts and cashbacks on various brands. In addition, the lender offers loan offers. Details here

ICICI Bank on Thursday announced the launch of “Festive Bonanza”, a wide variety of offers for all its customers at the start of the festive season. Customers can enjoy rebates and cash back up to Rs 25,000 which can be used using the bank’s credit/debit cards, internet banking, consumer credit and cardless EMI , the lender said in a statement.

These offers are also available to customers in the form of EMI using bank debit/credit cards.

The bank curated a bouquet of offers to meet the festive needs of customers in categories ranging from electronics and gadgets, global luxury brands, clothing and jewelry, groceries, automotive, furniture, travel and catering.

The list of top brands with attractive deals includes Flipkart, Amazon, Myntra, Bigbasket, Blinkit, MakeMyTrip, iPhone 14, Samsung, Ajio, Reliance Digital, Croma, LG, Dell, Swiggy, Zomato, PC Jewelers (PCJ) and others. Special offers on banking products such as loans (housing loan, personal loan and gold loan) can also be used.

Here are some of the offers available to ICICI Bank customers:

Big brands and e-commerce platforms

10% discount on online purchases with major e-commerce players like Flipkart, Amazon, Myntra, Tata Cliq and Ajio Luxe.

Global luxury brands

Extra 10% discount on luxury brands like Armani Exchange, Canali, Clarks, Diesel, Giorgio Armani, Hamleys, Hugo Boss, Jimmy Choo, Kate Spade, Paul & Shark, Satya Paul, Steve Madden and Brooks & Brothers, among others .

Electronics and gadgets

Up to 10% cashback on electronics brands like LG, Carrier, Dell, Eureka Forbes, Haier, Sony, Voltas, Whirlpool and more. Customers can also avail attractive discounts at Reliance Digital, Croma and Vijay Sales.

Mobile phones

With Apple’s “iPhone for Life” program, enjoy iPhone 14 with instant EMI from Rs 2,497 per month. Attractive discount and cashback offers on mobiles from MI, OnePlus, Realme, Oppo and Vivo are also available, ICICI bank said.

Clothing and jewelry

Additional 10% discounts on clothing brands such as Shoppers Stop, Lifestyle, Ajio, Flipkart, among others. Customers can also get a discount of Rs 2,500 on a minimum purchase of Rs 50,000 and Rs 5,000 on a minimum purchase of Rs 1,00,000 from PC Jewelers (PCJ)


Discounts are available on grocery purchases with Big Basket, Swiggy Instamart, Licious, Blinkit, Eat Better and Lil Goodness.


Discounts available on major travel sites such as MakeMyTrip, Yatra, Cleartrip, EaseMyTrip and Paytm flights, among others

To eat

Up to 20% off is available on Zomato, Swiggy and EazyDiner.


Offers available on SonyLiv annual subscription and discounts on cinema and F&B tickets at Cinepolis and Inox.

Furniture and interior decoration

10% discount available on brands such as Pepperfry, West Elm, Ritu Kumar, among others.

Here are the offers available on loans by bank:

Home loan

Customers can avail pre-approved home loan and pre-approved balance transfer with processing fee of Rs 1,100. Additionally, customers can get 50% discount on processing fee for a home loan, a balance transfer and a property loan.

Car loan

Customers can get a car loan for up to 100% of the on-road price on a new car loan and up to 100% of the car’s valuation on a used car loan for up to at 8 years old.

Consumer credit

Free EMI will be available on brands like Apple, OnePlus, Samsung, Sony, LG, Voltas, among others. This facility will also be enabled at retailers like Croma, Reliance Digital, Vijay Sales, Bajaj Electronics, etc.

Personal loan

Clients will not be charged pre-closing fees on personal loans after payment of 12 EMI (3% charged, if closed before 12 EMI).

Tractor loan

Customers can also benefit from a tractor loan for up to 6 years. The loan will be granted up to 90% of the cost of the tractor.

Loan of two-wheelers

Customers can avail up to 100% of the on-road price of the two-wheeler and get EMIs as low as Rs 30 for Rs 1,000, the bank said.

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