India’s Jet Airways Ltd. is partnering with SBI Cards & Payment Services Pvt. Ltd. to provide a new booking facility to the card company’s credit cardholders who purchase tickets with the airline.
Under this deal, SBI credit cardholders may choose to pay for Jet Airways tickets booked through the airline’s Web site in six interest-free monthly installments, according to the Mumbai-based airline. No processing fees are applied to pay the fare on installment.
“We are delighted to partner with Jet Airways and offer SBI cardholders an affordable travel option,” said Abhay Kumar Singh, CEO of the card joint venture between the State Bank of India and GE Capital. “This offering enables air travelers a unique opportunity to fly now and pay later without any additional costs.”
Jet Airways is India’s second-largest airline after Air India. It operates more than 400 flights daily to 67 destinations worldwide.