To avail of the EMI scheme, passengers need to provide basic details like PAN number, Aadhar number, or VID and verify it with a one-time password, it mentioned. The scheme is valid for India-issued credit cards of Axis Bank, HSBC Bank, Kotak Bank, Standard Chartered Bank and SBI Bank (other banks will be added).
Passengers holding credit cards issued by these banks can pay as per their own preference of schedule that may vary between 3 and 12 months, at interest rates in the range of 12-14%. For example, for a ticket costing USD 67, this scheme can result in savings of over USD 13 in terms of interest charges relative to credit cards for a 12-month deferred payment plan.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now