Co-brand Debit Card revenue sharing Disclosure

• HDFC Bank has a co-branding arrangement with Times Internet Pvt. Ltd. for offering co-branded debit card to its Bank customers named
  
  ​​​​​​​     as HDFC Bank Times Points Debit Card.
  
  
• Various facilities/ features are offered on the Cobrand Debit Card through our co-brand partner, Times Internet Pvt. Ltd.
  
  
• Key Product benefits/ arrangements of the co-branded program is as below: 

         
            -  Welcome Benefit: Earn joining bonus of 500 Times points on first transaction carried through Co-branded Debit Card.

            -  Reward Points: Earn 2 Times points for every Rs. 150/- spends using the co-brand card (except for Fuel, Jewellery and Business                           Service transactions).

            -  Loyalty Points: Cobrand partner manages the loyalty program for the co-brand debit card such as accruals and redemptions. 

            -  Commercial arrangement: In order to administer and manage the program related activities & costs/ income; the Bank has a       
               commercial agreement with Times Internet Pvt Ltd. and under this agreement, a part of the revenue generated by the Bank through                the co-branded program is shared with Times Internet Pvt ltd.