The countdown for e-commerce giant Amazon's most awaited sale season 'The Great Indian Festival' has begun. The sale will kick start tomorrow for citizens across India, providing heavy discounts on categories like smartphones, furniture, gadgets, electronics, fashion outlets and home appliances. However, the sale has already started today for Amazon Prime members.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

It needs to be noted, that Amazon's this sale will take against another major online shopping portal Flipkart's 'Big Billion Days' sale. Both the e-commerce players have prepped up in luring their customers. Interestingly, many lenders have also joined hands with these portals giving hefty discounts and cashback to their customers. 

With the combination of cashback and flat discounts on its products Amazon came up with the lightening offers to their customers.  

For Amazon's sale, largest state-owned lender State Bank of India (SBI) has tied providing discounts and cashback up to Rs 8,000. If you are an SBI customer and decide to make any purchase on Amazon during this sale, you are eligible up to 10% discounts. You can make payment using both SBI Debit or Credit Cards. 

On total purchase below Rs 50,000 – 10% instant discount is given which comes up to Rs 2,000 per card. 

However, on total purchase above Rs 50,000, then you get 10% on purchase value which is up to a maximum of Rs  8,000 per card. 

The Rs 8,000 discount will be given in two forms. The moment above Rs 50,000 purchase is made, an SBI customer will get Rs 2,000 instant discount and remaining Rs 6,000 in the form of cash back. This leads to maximum total savings per card of Rs 

Notably,any cancelled, rejected or returned order(s) will not be eligible for the offer and the refund amount of such order will be adjusted with the instant discount amount. 

Watch Zee Business video here:

Also it needs to be noted that, for purchases made on Prime Now App, Amazon Global Store, Card payment on COD purchases, Pay at Stores, SBI Debit EMI transactions, and select Samsung products (Note9, S9 Plus, A8 Star, A6 Plus, J8, J6), customer would get cashback instead of instant discount. 

The cash back will be credited to the customer’s bank account/card statement latest by 15 January 2019.

In case, if you used Amazon Pay Balance, still you are eligible for SBI offer. Yes, you would get Instant Discount but only on the amount charged on your SBI Debit or Credit Card. Also, to avail instant discount, your SBI card should be charged for a minimum amount of Rs 3,000. 

For example, if total purchase amount is Rs 8000, and Rs 1,000 is paid using Amazon Pay Balance and Rs  7,000 is paid using SBI card, then instant discount would be given on Rs 7,000 and not RS 8,000. Similarly, if Rs 7,000 is paid using APay balance and Rs 1,000 is paid using SBI card, then customer would not get any discount because the amount paid using SBI card is less than Rs 3,000.

Lastly, the offer is valid even if you buy with Exchange or No Cost EMI or both.

To avail this discounts the customer need to transact with SBI card and should read the terms and conditions properly through the Amazon website.