• OCBC 0 Percent Interest Instalment Payment Plan

    Credit Card BYTES FROM OUR KITCHEN

    OCBC Interest Free Installment Payment Plan

    OCBC Bank values their customers the most, which is why they offer the best products and services to them. One such service is the PayLite Instalment Payment Plan that they offer to their credit cardholders. PayLite is a 0% interest instalment plan using which cardholders can pay for their purchases in instalments over a period of time.

    Key Features and Benefits

    • OCBC Bank credit card holders can use the PayLite Instalment Payment Plan for their domestic and global purchases
    • The PayLite Instalment Payment Plan does not charge any interest on monthly installments
    • OCBC Bank credit card holders can choose to pay the money for their purchases in 3, 6 or 12 month instalments
    • The processing fee for PayLite Instalment Payment plan is very low and is based on the credit card transaction amount

    Charges

    Effective Interest Rate (EIR)

    Plan Effective Interest Rate
    3 months 6 months 12 months
    PayLite Instalment Payment Plan 18.18 percent per annum 10.43 percent per annum 9.5 percent per annum

    Other Fees

    Plan Processing Fee
    3 months 6 months 12 months
    PayLite Instalment Payment Plan 3 percent 3 percent 5 percent

    Eligibility

    How to Apply?

    OCBC Bank credit card holders can apply for the PayLite Instalment Payment Plan in different ways.

    • They can apply for the plan by sending an application using their OCBC Bank online banking account
    • They can also apply by submitting the ‘online form’. They can find this form on the website of the bank
    • Another way in which they can apply for this plan is by downloading the PayLite application form from the website of the bank and sending it via fax. They can do so after they have made their purchase. They have to send this form 7 working days before their credit card bill payment due date. Once their application is processed, the bank will inform them about the same via SMS.
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.