As the festive season is approaching the banks have started introducing new exclusive offers for the customers. This time the offers are not only limited to lower interest rates for retail loans, but many much offers are there. Bank will be offering online shoppers extra card points and cash back benefit etc.

The reports have stated that PNB bank and federal bank are offering lower rates on the loans where as SBI and ICICI bank are providing exciting offers on online shopping. Banks stated that they may even waive off the processing fee on the loans. E-commerce is much preferred by the customers these days, so the banks are coming with more of the online shopping offers.

Axis bank is yet to unveil its exciting offers. private sector lender Federal Bank has waived processing fees for loans for any model of the Tata Zest. It is also offering flat 10.9 per cent interest for all auto loans.