Citibank and AXA Group have launched an auto insurance payment scheme whereby a Citibank cardholder can choose from a range of auto insurance plans offered by AXA Group and pay for it in nine monthly installments at 0% interest rate, using Citibank's Easy Installment Plan.
The Easy Installment Plan is a credit card purchase plan developed by Citibank and is available across a merchant partner network, which includes major consumer brands in Bahrain. The plan offers cardmembers the convenience of converting all purchases made on Citibank credit cards into installment plans of up to 36 months at an interest rate of 1.1% per month.
Ashish Bhugra, country business manager for Citibank’s consumer banking business in Bahrain, said: By using the Easy Installment Plan, customers can now afford to purchase quality products and services and amortize payments at no extra burden.