18 Janaury 2021, Kathmandu
Citizens Bank has introduced the Insta Y scheme, which can convert credit card purchases into monthly installments.
The company said that the purchase could be made in installments by purchasing Rs 10,000 to Rs 250,000 through the card.
According to the bank, the payment installment period of goods and services purchased at one time through a credit card can be chosen. The bank stated that the installment could pay for a minimum period of three months to 18 months.
The bank has also said that after purchasing the goods, one has to go to the bank branch and apply for the installment. To avail of this facility, new consumers can apply for a credit card at the bank or online through the website.
