The SBI credit card EMI interest rate for 1 year (After purchasing through Flexipay) is 22 percent per annum. The SBI Credit Card EMI interest rate for 1 year (Merchant) is 14% per annum.
Flexipay enables existing SBI credit cardholders to transform significant expenditures into convenient monthly installments. Transactions greater than Rs. 500 can be converted into Flexipay within 30 days. But, blocked cardholders will not be able to avail this service.
How Can I Convert Into Flexipay?
You can convert your transaction into Flexipay immediately in 2 simple ways.
➜ Access your SBI Card Online Account by logging in
- On the left hand navigation, click on ‘Flexipay’ under the ‘EMI & More’ section
- Choose the transaction (s) > Rs. 500 that you want to convert into Flexipay.
- Choose the tenure and rate of interest.
- Confirm the booking
➜ Call The Helpline of SBI Card to Book Flexipay
- You should prefix the local STD code, 39 02 02 02
- 1860 180 1290
What Is The Time Taken To Process A Flexipay Request?
It takes 5 working days to process the request to convert your transactions into Flexipay A confirmation SMS will be sent to your registered mobile number by SBI.