HDFC Bank launches Rs 30 cr marketing campaign

Country's second largest private sector lender HDFC Marketing, which has launched 'sonic branding' or a musical logo, today said it will spend over Rs 30 crore to promote the new brand positioning which stresses on the digital banking.

"We have launched a distinct tune which represents the brand. This is a part of a national campaign that was launched before Diwali", its marketing head Kartik Jain told PTI.

The 'sonic branding' is being included at all the touch-points like ATMs and phone-banking application, where customers will hear the tune, he said.

The effort is part of a national marketing campaign stressing the digital banking, he said.

The campaign involves a spend of over Rs 30 crore, a senior official said.

Jain said the 360-degree campaign was first rolled out in non-metro cities before Diwali, and will soon be hitting the eight metros.

Last fiscal, the bank had invested Rs 140 crore in advertising efforts.

Article Source: Business Standard