Srinagar, Oct 31: Athwas Retail, Jammu and Kashmir’s first homegrown omnichannel hypermarket, has announced a special Diwali cashback offer in collaboration with J&K Bank, providing festive savings to eligible bank credit and debit cardholders on electronics and grocery purchases.
The offer, which will remain valid till November 30, 2026, was announced in the presence of Javed Ahmed Tenga, President, and Umar Nazir Tibet Baqal, Senior Vice President, Kashmir Chamber of Commerce and Industry (KCCI).
Senior J&K Bank officials present on the occasion included Arshid Qadri, Divisional Head, Kashmir; Anita Nehru, General Manager, Digital & Alternate Channels; Sheikh Mohammad Muzaffar, Zonal Head, Srinagar; Ashok Kumar Raina, Deputy General Manager, Digital & Alternate Channels; Zahoor A. Qanoongo, Cluster Head; and Humaira, Incharge, DAC.
Under the offer, customers purchasing electronics worth a minimum of ₹10,000 can avail 5 per cent cashback up to ₹3,000 on eligible credit cards and 3 per cent cashback up to ₹2,000 on eligible debit cards.
For grocery purchases of at least ₹2,500, customers will get 5 per cent cashback up to ₹500 on eligible credit cards and 3 per cent cashback up to ₹300 on eligible debit cards.
The company has also made EMI facilities available across categories, 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, Athwas Retail, a unit of IA Multi Ventures Pvt Ltd, said the initiative aims to make 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,” he said, while thanking J&K Bank and KCCI for their participation.
Customers can visit Athwas Retail at Munawarabad, Srinagar, for further details. The offer is subject to applicable terms and conditions.
