Curated By: Business Desk
Last Updated: October 20, 2023, 11:34 IST
House lease will also be transformed into EMI.
There are many on-line platforms like Paytm, PhonePe, CRED, NoBroker, Payzapp and Red Giraffe which permit shoppers to make home lease funds by means of bank cards.
Credit playing cards are one of the crucial helpful methods of paying for items and companies, as they permit the patron to make the cost after a set interval, which is normally a month. Nowadays, the pattern in the direction of bank cards is growing within the nation. Many folks at the moment are choosing bank cards as they permit them to do all the pieces, together with recharges, invoice funds, buying and extra. But now it has been discovered that bank cards will also be used to pay home lease.
Even if the owner doesn’t settle for lease funds by means of bank cards, one can nonetheless make lease funds by means of third-celebration apps or web sites. Using bank cards also can present loads of rewards whereas making funds.
There are many on-line platforms and UPI apps within the nation, like Paytm, PhonePe, CRED, NobBoker, Payzapp and Red Giraffe which permit shoppers to make lease funds by means of bank cards. One can simply switch the lease by coming into the owner’s checking account quantity and IFSC code. If the lease is greater than Rs 50,000, then the PAN card variety of the owner can also be required. Let’s check out how we will pay lease by means of bank cards:
Steps to Make House Rent Payments Through Credit Card
Step 1: Go to any on-line service supplier’s web site or UPI app.
Step 2: Select the lease cost choice.
Step 3: Select from the next choices: home or store lease, upkeep, property deposit, and so on.
Step 4: Enter the lease quantity and property title.
Step 5: Tap on Continue.
Step 6: Enter the title of the owner.
Step 7: Select a bank card because the cost technique.
Step 8: Select the owner’s checking account or UPI.
Step 9: Pay the lease quantity by means of the bank card linked to the financial institution.
Benefits of Paying Rent Through a Credit Card
One can save their money by paying their lease by means of a bank card. Credit card dues are normally paid after 45–50 days. During this time, the identical cash can be utilized some other place.
Paying lease with a bank card will also be transformed into EMIs.
There are many cashback and reward factors obtainable on transactions achieved by means of a bank card.
