Federal Bank and LuLu Group Team up for ‘Savings ki Vidya’ Campaign

MUMBAI:
Federal Bank has teamed up with The Lulu Group, India’s leading business house with a strong presence in retail to offer instant discounts on EMI Transactions. Shoppers at Lulu Malls will benefit from Federal Bank’s on-going Savings Ki VidyaTM Campaign. As part of ‘Savings ki VidyaTM’ campaign, the Bank is now offering 10% instant discount on EMI transactions made using Federal Bank Credit Cards at LuLu stores across India. The discount is available from June 12 to June 30, 2025, on a minimum spend of ₹5,000, with a maximum discount up to ₹5,000 per transaction.

Whether it’s appliances, electronics, furniture or fashion — customers can now save smartly with EMI flexibility and real-time rewards.

M V S Murthy, Chief Marketing Officer, Federal Bank said ” Our partnership with Lulu Group has been about creating convenience and value for all Customers shopping at Lulu Malls. The attempt is to create opportunities to save on every swipe of the Federal Bank Card. Large ticket, considered purchases for the entire family double up in their joys when there is a topping of instant savings. The idea is to encourage premium buys and a value of appreciation for shopping at Lulu, using Federal Bank Cards. This collaboration will create better lifestyles, without the guilt of being a spend thrift. “

Priya Menon Chellapan-Head-Retail Marketing, Lulu group India said, “LuLu has always been about delivering value and delight to our shoppers. Our association with Federal Bank elevates this by making shopping more rewarding. With this EMI discount offer, customers can now enjoy the best of both worlds — affordability and variety — all under one roof.”