Cards
Insta Pay
EMI Facility allows customers to easily convert their Credit card purchases into monthly installments.
Purpose:
To convert credit card purchases into easy EMI
Loan Amount |
Minimum NPR 10,000/ to Maximum NPR 5,00,000/ (up to the available free limit of the customer |
Interest Rate |
0 % P.a |
One Time Processing Fee |
6 months- 6% of Financed amount ln advance |
12 months-8% of financed amount ln advance |
|
18 months-10% of Financed amount ln advance |
|
24 months-12% of financed amount ln advance |
|
Repayment charge |
NIL |
Financing Amount |
Up to the free available limit in the customer's credit card or NPR 500K whichever is lower |
Tenure |
6/12/18/24 months |
Required documents |
InstaPay application form along with the Original VAT/PAN bill of product being financed |
Eligibility |
All Customer holding a valid Prabhu Bank Credit card whose expiry date should be at least within the tenure requested for financing |
Fees & Charges
-
No additional fees and charges shall be applicable to customers other than EMI Handling fees on conversion of their purchases into EMI
-
Lowest processing fee as compared to other bank charge
For further information, please contact Prabhu Bank Card Center
Head Office, Babarmahal Kathmandu
Email:?credit.card@prabhubank.com
Phone: +97715719014, 9851114742
Toll free: 1660-010-7777