NEW DELHI: A discount of 0.75 per cent on petrol and diesel will kick-in from midnight tonight on fuel purchases made using digital payment.
The discount will start from midnight tonight and would be by way of cash back which will be credited to the buyer’s account in three days from the transaction, said Indian oil Corp, the nation’s largest fuel retailer.
The 0.75 per cent discount on payments made using either credit/debit cards, e-wallets or mobile wallets will translate into a rebate of 49 paisa a litre on petrol and 41 paisa on diesel.
Petrol is currently sold at Rs 66.10 per litre in Delhi while a litre of diesel costs Rs 54.57.
The “discount will be credited to customer’s account by way of cash back within maximum three working days of the transaction,” IOC said in a statement here. (AGENCIES)