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FREQUENTLY ASKED QUESTIONS INSTALLMENT PAYMENT PLAN
What happens if I close my credit card while an Installment Payment Plan exists?
If the card is closed while a transaction is still under CCIP, the CCIP will cease to exist and the unbilled amount of the CCIP will be billed to you. The entire outstanding amount shall immediately become due and payable by you, and the Bank shall have the right to demand an immediate payment at its discretion.
Other Questions
What is a regular Installment Payment Plan on Credit Cards?
How can I apply for an Installment Payment Plan on my Credit Card?
What is the timeframe to process an Installment Payment Plan request on Credit Cards?
Are there any conditions to avail an Installment Payment Plan on my Credit Card?
Are there any fees to apply for an Installment Payment Plan on my Credit Card?
What are the tenure options available for an Installment Plan on my Credit Card?
Can a secondary cardholder apply for an Installment Plan?
Can I convert all my retail purchase transactions on my Credit Card into Installment Plans?
Are there select merchants with whom I can avail Installment Plans on my credit card?
Can I reduce or increase the tenure of an existing Installment Payment Plan on my credit card?
What happens if I miss a payment on my credit card with an Installment plan?
Are Installments covered under Credit Card Insurance, Credit Shield Pro?
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