Kapital Bank has launched a new interest-free credit card, known as Kapitalkart, to enable customers to cut down the cost of goods and services to equal portions and pay monthly instalments.
The new card is provided free of charge. The spent amount is automatically divided into 1-12, 18 or 24 months.
With Kapitalkart, customers can get cash loan at Kapital Bank’s ATMs and pay the cashed amount by one, three or six month instalments.
While paying the loan card limit is restored. Kapitalkart is joined to SMS-banking service of Kapital Bank for free.
Initially, Kapitalkart will be available to the bank’s salary and pension cardholders from Baku and Sumgayit cities, and Absheron district affiliates of the bank.
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By GlobalData