YES Bank Customers Can Pay Credit Card Dues & Make Loan Repayments

New Delhi, March 10, 2020:

YES Bank customers can now clear their credit card dues and make loan repayments from other bank accounts.

The bank said that it has enabled the inward payments through IMPS/NEFT and the customers can make their payments towards their credit card dues and loan repayments using other accounts.

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In a tweet, YES Bank said, “Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBI @FinMinIndia.”

The bank has been in news lately due to its cash crisis. YES Bank Founder Rana Kapoor was also arrested after 20 hours of questioning on charges of money laundering. The latest development in the bank’s state has come a day after newly appointed administrator Prashant Kumar said that the moratorium period that had capped withdrawals upto Rs 50,000 would be lifted by Saturday.

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