How to redeem reward points on Axis Bank credit card?

I have accumulated around 2,000 reward points on my Axis Bank credit card. What is the redemption value in rupees and the best way to use them?

I've been a customer for 6 years. The biggest upside is the customer service. The biggest downside is the slow mobile app. If you do most banking on the app, test the app at a branch before applying — it's surprisingly old.