Dubai: Motorists banking with Emirates National Bank of Dubai (EmiratesNBD) can now pay their Roads and Transport Authority (RTA) fines and seasonal parking card fees in monthly instalments, the RTA announced on Monday.
According to an RTA official, there are various payment periods that can be availed, depending on the amount, through credit cards with zero interest.
Ahmad Al Kaabi, RTA’s Executive Director of Finance, said, “The RTA has agreed with the EmiratesNBD on a plan for payment of fines and fees of seasonal parking cards due to the RTA through interest-free instalments over periods of three, six, nine or 12 months.
“This initiative is aimed at easing the burden on owners of vehicles in paying for their fines and fees of seasonal parking cards through offering them longer payment period with no interest. The agreement is a further step consolidating the strategic partnership between the RTA and EmiratesNBD.”
The service could be accessed through either the Emirates NBD App on mobile phones or at any of the RTA Points of Sale.
“We are pleased to be one of the first banks teaming with the RTA in the launch of this unique initiative, which offers our clients a swift, smooth and flexible system for payment of fines and fees of seasonal parking cards,” said Ahmad Al Marzouqi, Executive Vice-President and Head of Retail Distribution at EmiratesNBD.
He added: “As a pioneer corporate entity in delivering banking services in the UAE, the EmiratesNBD is always on pursuit of innovative solutions and services that can make a big difference to people in Dubai. This strategic partnership is an important step in the right direction.”
