PayLite program by Citibank allows you to regularize the repayment amount on your credit card as per your budget and have loan on the bank’s credit card accordingly. Big payments can be made light using the following options stated below.
Convert to EMI
It is further divided into two categories.
- Card outstanding
It allows you to convert the outstanding balance on your Citibank credit card into easy EMIs. You can now pay smaller amounts at much lower interest rates per month. It helps you save on service fee.
- Any purchase>2500
Shop big and pay small! With your Citibank credit card, you can further convert your purchase of above Rs 2500 into manageable EMIs. Tailor your repayment schedule with smaller interest rates on your EMIs.
Instant Loan allows you to loan against your Citibank credit card’s cash or credit limit. If your credit history allows, you are eligible to get a loan over and above your credit limit too. It offers flexible repayment tenure.