NIC ASIA Bank going all innovative to promote digital banking; to provide Rs 50K as cash reward to its customers and QR merchants for referring new QR merchants to the bank

NIC ASIA Bank has launched its new QR Refer and Earn scheme for the month of Bhadra and Aswin.

Under this scheme, the bank’s QR merchants and customers will get a cash reward of Rs 750 for each new merchant referral who subsequently opens their current account with the bank to start QR code-based payment.

10 QR merchants and customers who successfully refer the highest number of the QR merchants within two months of the scheme will also receive Rs 50 thousand each as a bumper prize, as per the media statement.

With an aim to promote digital banking, especially the mobile banking, among its customers, the bank has been operating several cashback schemes including the Happy Hour scheme between 8 pm every Friday till 8 am Saturday where the customers will receive 5% cashback for their mobile banking related transactions, as mentioned in the statement.

The bank currently provides its services to its 22 lakh plus strong customer base from its 326 branches, 466 ATM terminals, 102 extension counters, and 64 branchless banking units throughout the nation.