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Easy Payment Plan

Mashreq Bank Easy Payment Plan (EPP) Terms & Conditions
  • The Easy Payment Plan (EPP) is a payment option available to Mashreq Bank’s credit
    card holders, wherein the entire retail purchase amount is charged to the cardholders for
    the instalment period of 3/6/9/12 months
  • The EPP is only valid on purchases above AED 500 using the Mashreq Bank credit card
    in UAE
  • Customers agree to pay the subversion fees of 0% per month for any EPP tenure.
    However, there will be a processing fee of 1% for 3-month instalments, 2% for 6-month
    instalments, 3% for 9-month instalments and 4% for 12-month instalments
  • All purchases under the EPP should be authorised by Mashreq Bank, either electronically
    via the POS terminal, or through the call centre, manual imprinting or authorisation over
    the telephone
  • Mashreq Bank shall debit any other payments payable by the customer from their
    Mashreq Bank account on the relevant due date of payment
  • The customer should immediately notify Mashreq Bank about any legal changes in
    ownership, location, nature of business or other circumstances