Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
Punjab National Bank (PNB) offers the ‘Easy Pay Plan’ which enables its customers to convert their purchases into equated monthly instalments (EMIs) and repay them over a period of 3 to 36 months. Read on to learn about the features, fees, and other important details about the Easy Pay Plan.
The features of PNB credit card EMI are as follows:
| Tenure | Amount of Spends | Instalment Amount |
| 3 months | 10,000 | 39 (inclusive of finance charges) |
| 6 months | 10,000 | ,756 (inclusive of finance charges) |
| 9 months | 10,000 | ,196 (inclusive of finance charges) |
| 12 months | 10,000 | 17 (inclusive of finance charges) |
| 18 months | 10,000 | 38 (inclusive of finance charges) |
| 24 months | 10,000 | 99 (inclusive of finance charges) |
| 36 months | 10,000 | 62 (inclusive of finance charges) |
The fees and charges associated with PNB credit card EMI are mentioned in the table below:
| Type of Fee | Amount |
| Processing Fee | 2% the transaction amount or Rs.200 whichever is more plus GST |
| Prepayment Charges | 3% the outstanding amount |
| Finance Charges | 18% p.a. (1.5% p.m.) |
Here are the ways you can avail the PNB credit card EMI facility:
The tenure options offered on PNB credit card EMI are 3, 6, 9, 12, 18, 24, and 36 months.
The processing fee to avail PNB credit card EMI is 2% of the transaction amount or Rs.200, whichever is more, plus applicable GST.
You can download the PNB credit card EMI application from the official website of PNB.
The prepayment charge for PNB credit card EMI is 3% of the outstanding amount.
Yes, you can place an EMI conversion request by sending an email from your registered email address to creditcardpnb@pnb.co.in.
The minimum transaction amount to avail PNB credit card EMI is Rs.2,500.
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