Convert any purchases over LKR 10,000/- into an installment plan and pay it back within 3 to 36 months, with a nominal processing fee.
You can convert any of your transactions above Rs.10,000/- in to an EPP subject to a handling fee.
The minimum amount for conversion is Rs.10,000/- and the maximum amount for conversion would be Rs.600,000/-.
Cardholder can pay back in equal monthly installments up to 3, 6, 12, 24 and 36 months subject to a handling fee.
Available tenors and processing fee is as follows:
Per Month Processing Fee
In order to convert a transaction to an EPP, the Cardholder should call the 24 hour Contact Centre on 0112350000 within 14 days of performing the transaction.
The total amount of the plan will be blocked from the available card balance.
The monthly installments will be debited to the card account and the amount represents a split of capital and handling fee.
If the Cardholder defaults the minimum payment on the due date, the Bank reserves the right to foreclose the EPP outstanding and debit the entire outstanding amount.
In case a Cardholder wishes to settle the LOC prior to the expiry of the tenor, a written request should be submitted by the Cardholder an early settlement fee of 4% shall be charged on the outstanding amount of the EPP.