Dear Cardmember,
The safety and health of our customers is our top priority.
Further to Reserve Bank of India's (RBI) COVID-19 - Regulatory Package announcement on March 27, 2020, YES BANK offers a moratorium of up to three months on payment of credit card dues falling due between March 1, 2020 and May 31, 2020.
The offer is on an 'Opt-In basis'. Therefore, Cardmembers opting in for the offer on or before April 15, 2020 will be part of the moratorium scheme
Cardmembers can avail payment deferral under the moratorium scheme on their Credit Card ending 9364, by visiting:
www.yesbank.in/yesbank-covid19-relief
Cardmembers opting for the scheme may choose not to make any payment for their Credit Card as per due date falling between March 1, 2020 and May 31, 2020
YES BANK reserves the right to determine the eligibility of a Cardmember under the Offer during the Offer period
The interest on payments due shall accrue as per the applicable rate of interest for the period of moratorium. However, late payment fee will be waived during the moratorium period
While you may choose to take benefit of this scheme, we would recommend that you continue to pay the outstanding dues (to the extent possible) to avoid accrued interest charges.
For any additional details, please refer to our FAQs by clicking here.
We wish for your wellbeing during these unprecedented times. Please continue to bank with us using our digital solutions, from the safety and comfort of your home.
We are here for you. YES for YOU.
Sincerely,
YES BANK
www.yesbank.in
