Repayments

What is the billing cycle? How does it work?
The billing cycle is the length of time between the last statement closing date and the next. The repayment pattern will be similar to Credit cards. We wil...
Tue, 11 May, 2021 at 7:02 PM
What is the EMI date? How will the EMI date be decided?
If you have withdrawn cash and opt to make the payment in EMI’s that’s when we will provide you an EMI date. It will be decided based on your salary date. ...
Tue, 11 May, 2021 at 7:02 PM
What is the total Due?
Any amount that’s outstanding is considered Total Due.
Tue, 11 May, 2021 at 7:02 PM
What is the total current due?
Any outstanding amount from the latest billing cycle is considered as Current Due.
Tue, 11 May, 2021 at 7:02 PM
What is the minimum due? Can I always pay the minimum due amount?
This is an interest-only payment option. This option is given once every 6 months. In case the minimum payment is made, interest will continue to accrue...
Tue, 11 May, 2021 at 7:02 PM
How do I pay the due amount/EMI amount?
If your ECS is approved, the amount will be auto-debited on your EMI date.  You can also pay EMI manually right from your InstaMoney Plus app by clicking on...
Tue, 11 May, 2021 at 7:02 PM