- Installment plans only available for Seylan Bank Credit Cardholders.
- The credit card member may perform single/multiple purchase(s) and request for installment payment plan up to sixty (60) months, provided the single transaction is between Rs.15,000.00 and Rs.1,000,000.00 and such transaction value is within the available balance and authorized limit of the credit card at the time of performing the transaction.
- In order to enjoy the installment payment plan facility, the purchase(s) must be performed during the Promotional Period and informed to the Client Care Centre, by calling 0112008888 and providing the date of such transaction(s), the name of the merchant and the value of such transaction(s) which will thereafter reflect in the client’s next credit card statement.
- The clients must Call & Convert the transaction(s) within 5 calendar days from the date of performing the transaction(s). Eg. Transaction(s) performed on 15th December 2018 should be informed to Seylan Bank Card Centre on /or before the 20th December 2018, in order to convert the transaction(s) to an instalment payment plan.
IMPORTANT – In the event that transactions made 5 days prior to billing cycle are to be converted to Instalment Payment Plans, they will be converted only during the next billing period. In this instance, the credit cardholder will be required to settle the amount stated in the statement. The installment plan will come into effect from the next billing cycle onwards.
- The transaction(s) must be within the customers approved Credit Limit and transaction(s) performed by depositing funds over the credit limit will not be eligible for this promotion.
- Credit card member(s) is/are to settle the total purchase bill value via Seylan Bank credit card(s) to be eligible for the offers mentioned herein.
- The offers cannot be exchanged for cash and/or used in conjunction with any other promotional programs or offers provided by service establishments involved in this promotion.
- If any dispute arises regarding any of the terms and conditions contained herewith, the decision of the respective service establishment and Seylan Bank shall be final.