BNPL - Bank Alfalah

 

Terms and condition – BNPL For Alfalah Cards only.

Easy Monthly Installments (EMI) will only be applicable if payment mode is selected as Bank Alfalah credit card.

1. Schedule and tenure of BNPL are as follows:

 

Tenure 0% Markup	Markup	Processing Fee
3 Months	0%	4%
6 Months	0%	8%
9 Months	0%	11%

 

3. Enter your credit card to get pop-up for installments
4. Select your tenure
5. Enter OTP and complete payment
6. BAFL’s role is limited to payment settlement as Agent between the Customers and Merchants, however BAFL does not warrant or guarantee for quality of the product, since the product is the ownership of the respective Merchant on the Platforms
7. Credit Card Limit of customer will be blocked by the amount equal to the price of product. However, only Equal Monthly Installments (EMI) will be charged to the customer as per selected installment plan.
8. The orders remain valid until stock lasts with merchant.
9. Installment billed to cardholders on cycle date shall be included in minimum payment by said cardholder.
10. If the cardholder pays less than the monthly minimum amount on the payment due date specified in the statement of account, the cardholder becomes liable to pay service fee/charges according to the terms and conditions.
11. In case, the cardholder decides to cancel his/her SBS, the cardholder shall be liable to pay the pre-closure penalty i.e. 5% of remaining loan amount or Rs. 1,000 (whichever is higher).
12. The Bank reserves the absolute right to accept/reject the request for conversion of the transaction to SBS.
13. Credit Cards within 3 months of activation and without available limit are ineligible to avail instalments.