Srinagar, Oct 31: Athwas Retail, Jammu and Kashmir’s first homegrown omnichannel hypermarket, has announced a special Diwali cashback offer in partnership with J&K Bank, providing festive savings to eligible bank credit and debit cardholders on electronics and grocery purchases.
The offer, which remains valid until November 30, 2026, was announced in the presence of Kashmir Chamber of Commerce and Industry (KCCI) President Javid Ahmad Tenga and Senior Vice President Umar Nazir Tibet Baqal.
Senior J&K Bank officials present on the occasion included Arshid Qadri, Divisional Head, Kashmir; Anita Nehru, General Manager, Digital and Alternate Channels; Sheikh Mohammad Muzaffar, Zonal Head, Srinagar; Ashok Kumar Raina, Deputy General Manager, Digital and Alternate Channels; Zahoor A. Qanoongo, Cluster Head; and Humaira, Incharge, Digital and Alternate Channels.
Under the offer, customers purchasing electronics can avail themselves of 5 per cent cashback, up to Rs 3,000, on eligible credit cards and 3 per cent cashback, up to Rs 2,000, on eligible debit cards, subject to a minimum transaction of Rs 10,000.
For grocery purchases, eligible credit cardholders can receive 5 per cent cashback, up to Rs 500, while debit cardholders can avail themselves of 3 per cent cashback, up to Rs 300, on a minimum transaction of Rs 2,500.
EMI facilities are also available across categories at Athwas Retail, subject to eligibility and applicable terms and conditions. Each eligible cardholder can avail of one offer per month.
Welcoming the dignitaries, Irfaan Ahmed Guju, Managing Director of Athwas Retail, a unit of IA Multi Ventures Pvt Ltd, said the initiative was aimed at making festive shopping more rewarding for customers.
“Diwali celebrates joy, togetherness and new beginnings. Through this offer with J&K Bank, we aim to bring greater value to our customers and make festive shopping more rewarding for families. We thank the leadership of J&K Bank and KCCI for joining us and extend our warm wishes to everyone celebrating the festival of lights,” he said.
