Articles
HSBC FlexiPlan
1. OVERVIEW
Ceylinco VIP HSBC flexi Plan is designed to offer an affordable, hassle – free payment solution to customers. Through this benefit, all VIP customers will be able to pay their insurance premium in equal monthly installments, either in 3, 6, 9 or 12 monthly installments. Having an option to pay in installments will definitely ease the burden on the customers.
2. ELIGIBILITY:
Vehicle Sum Insured above Rs. 1,500,000/- (Cars, Vans & Jeeps)
3. PAYMENT MODE:
HSBC Credit Card
Existing Cardholders
Existing HSBC credit cardholders can make use of their card to make payments through the FLEXIPLAN offer
Non Cardholders
Those who do not possess a card can make use of the offer as per the following criteria:
- Vehicle Sum insured above Rs. 1,500,000/- will be offered a HSBC Gold Card
- Vehicle sum insured above Rs. 3,500,000/- will be offered a HSBC Platinum Card
Example
| HSBC FLEXI PLAN AMOUNT | Flexi Plan Option | Monthly Handling Fee | Monthly Capital Payment | Total Monthly Installment |
| Rs. 25,000/- | 3 Months | Rs. 417/- | Rs. 8,333/- | Rs. 8,750/- |
| 6 Months | Rs. 229/- | Rs. 4,167/- | Rs. 4,396/- | |
| 9 Months | Rs. 174/- | Rs. 2,778/- | Rs. 2,952/- | |
| 12 Months | Rs. 151/- | Rs. 2,083/- | Rs. 2,234/- |












