Solartherm - Alpha Solar Energy Systems Pvt Ltd

Easy Settlement Plan (ESP)- Terms & Conditions 

1. Easy Settlement Plan (ESP) Promotion [“Promotion”] is made available only to all American Express Explorer, American Express Sri Lankan Airlines Platinum and American Express Centurion Platinum Credit Cards (“Card-member(s)”) issued by Nations Trust Bank PLC (Bank)
2. The promotion is valid for transactions performed during the period 24th April 2024 to 31 Dec 2024 (both days inclusive).
3. Call and convert facility is not applicable for this installment facility, hence the Cardmember can convert the transactions into an equal monthly instalment of 12 months at the service establishment at the time of performing the transaction.
4. ESP promotion is valid only on the transactions performed in personal nature.
5. The total transaction amount will be blocked within the existing credit limit and the respective installments will be billed to the statement on a monthly basis. The blocking will be gradually reduced along with the repayment of each installment.
6. In the event cardholder settles partial value of the statement due value for the month, applicable credit card interest will be levied on the due balance in accordance with the Bank’s Cardmember agreement
7. Cardmember should inform the Bank if they wish to early settle the ESP transaction where relevant fees will apply in accordance with the Banks Tariff.
8. In the event the Cardmember’s credit card is terminated, cancelled, not renewed, or suspended due to any reason whatsoever or any breach of the terms and conditions herein including nonpayment of dues under the ESP or any breach of the Card member agreement and the terms and conditions thereof, the outstanding installments (including the Installments that are not billed) shall become immediately due and payable in full to the Bank.
9. Unless otherwise expressly provided herein, the Bank’s Cardmember agreement relating to the respective credit card shall apply to the installments and the payment of installments hereunder which shall be treated as a normal transaction charged to the credit card. In the event of any conflict arising between the terms and conditions hereof and the Cardmember agreement the former shall prevail only to the extent the same shall relate to matters involving the ESP Promotion.
10. The general credit card terms and conditions will continue to apply
11. If any dispute arises regarding any of the terms and conditions contained herewith, the decision of the respective establishment & Nations Trust Bank PLC shall be final.
12. Nations Trust Bank PLC accepts no liability for the quality of goods and services provided by the service establishment(s) involved in this promotion since the Bank is not the supplier of such goods and services.
13. The Nations Trust Bank PLC reserves the right to modify or change all or any of the rules applicable to this promotion and/or features of this promotion at any time and also reserves the right to extend or shorten the duration of the promotion and/or withdraw or cancel the promotion at anytime without prior notice.
14. The promotion is bound by the terms and conditions of the respective establishment and Nations Trust Bank PLC.