December 13, 2016 4:45 AM

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Customers making digital payment for purchase of petrol, diesel to get 0.75% discount

Customers making digital payment for purchase of petrol and diesel will get a discount of 0.75 per cent on the sale price of fuel from today. in a statement, Indian Oil Corporation said, the amount of discount will be credited to customers account by way of cash back within maximum three working days of the transaction. <br/><br/>The 0.75 per cent discount on payments will be available on using credit cards, debit cards, mobile wallets or Prepaid Loyalty Cards.<br/><br/>Finance Minister Arun Jaitley had last week announced various measures including discounts on on-line payments for insurance policies, rail tickets and highway toll charges as the government looked to promote digital cash post demonetisation.<br/>

December 13, 2016 1:59 AM

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Customers making digital payment for purchase of petrol, diesel to get 0.75% discount

Customers making digital payment for purchase of petrol and diesel will get a discount of 0.75 per cent on the sale price of fuel. Indian Oil Corporation in a statement said, the amount of discount will be credited to customers account by way of cash back within maximum three working days of the transaction. <br/><br/>The 0.75 per cent discount on payments will be available on using either credit,debit cards, mobile wallets or Prepaid Loyalty Cards.<br/> <br/>Finance Minister Arun Jaitley had last week announced various measures including discounts on on-line payments for insurance policies, rail tickets and highway toll charges as the government looked to promote digital cash post demonetisation. As a part of these initiatives, to promote cashless transactions, It announced to incentivise petrol and diesel customers transacting at PSU petrol pumps by way of discount. <br/>

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