
Paytm is going live with its festive sales today with the highlight being major cashbacks across its products, including the iPhones.
The mobile wallet company's sale is branded as 'Maha Bazaar Sale' which will run from Wednesday up till Friday.
Along with a number of offers on its range of products, Paytm's cashbacks will benifit users who shop with the Paytm wallets.
The company is planning to offer a Rs 10,000 cashback on all Apple products in the sale which will also include the iPhone 7 and 7 Plus models.
Purchases on televisions will give users who have Paytm wallets a Rs. 15,000 cashback while smartphones have a Rs 10,000 cashback.
Paytm is even offering a Rs 50 cahsback on electricity bill payment through its online wallet for Wednesday.
Other products that will entail users to receive cashbacks on their purchases include camera, mobiles, and laptops.
Other offers include:
1. 60-80 % discount on footwear
2. 50 % cashback on men's clothing
3. Deals on winning an iPhones
4. Free 0.1 g Gold coin with purchases above Rs 999
In a Business Standard report, the company said that its total sum of benefits for its customers is more than Rs 1,000 crore.
The mobile wallet is also planning to venture into tier II and tier III markets through regional media and offline media.