Bridge the gap between your needs and desires with the Easy Pay Plan on PNB Credit Cards. From buying that newly launched gadget to booking tickets for that dream vacation, we got your back! Reward yourself all you want without burning a hole in your pocket, because with PNB Credit Cards you can convert your large purchases into small installments.

Eligibility

• The Easy Pay plan is applicable only on retail purchases made by either Primary or Add-on card. However, the EMI conversion request for transactions done through Add-on cards will be entertained from Primary cardholder.

• The plan is applicable only for transactions done towards making retail purchases at a merchant outlet through POS machine or through e-commerce. Other debit transactions including cash withdrawals, fuel, gold jewellery, etc. will not be eligible in view of the guidelines issued by the Reserve Bank of India.

• Over limit, overdue or delinquent Credit Cards are not eligible for Easy Pay Plan.

• Request for conversion to Easy Pay Plan should be made within 30 days of purchase/ before the Payment Due Date (whichever is earlier).

• The facility can be availed for multiple retail purchase transactions, provided each one of them is equal to or more than INR 2,500. The cardholder can combine these transactions and convert the consolidated purchase amount to Easy Pay Plan.

• If the transaction amount is partially paid, the unpaid amount can be converted into the Easy Pay Plan given the unpaid amount is equal to or more than INR 2,500.

• Easy Pay Plan cannot be availed on Corporate Credit Cards.

• The transfer of retail purchase transaction(s) to Easy Pay Plan can only be done if Current Outstanding Amount (Billed and Unbilled) + Interest + Processing Fee is less than the Credit Limit available at the time of conversion to Easy Pay Plan.

How to apply

• Login to PNB Genie App to convert your eligible transactions to EMI

• Call at our 24x7 customer helpline 1800 180 2345 from your registered mobile number or send us an email at from your registered email id.

• You can also download Easy Pay Plan Application form from our website and send the duly-filled form to the below address.


Punjab National Bank, Credit Card Processing Centre,
3rd Floor, Rajendra Bhawan,
Near Metro Station Rajendra Place,
New Delhi-110008

Repayment Plan

The repayment period under Easy Pay Plan is 3, 6, 9, 12, 18, 24 and 36 months. However, the tenure option of 36 months is only available for booking amount greater than or equal to INR 30,000.

Processing fees and finance charges

Processing Fee	Finance Charges	Prepayment Charges
2% of Transaction amount or INR 200 (whichever is higher) + applicable GST	18% p.a. (1.5% p.m.)	3% on outstanding amount (NIL for Cards issued against FD)

*Installment amount does not include GST on interest amount of monthly installment.