SBI Flexipay is a feature of SBI Credit Cards. This feature allows you to convert all the big purchases of Rs.2500 and above using your credit card to easy monthly instalments. 

If you have already applied and approved for the SBI Flexipay, the EMI amount will be billed along with the normal credit card outstanding.

Tips to pay your SBI Flexipay: 

  • EMI payment needs to be made without fail to the bank each month. Failure to pay will attract a penalty. 
  • The EMI amount will be added to the minimum due amount to be paid for the month. For example, if you have an EMI payment of Rs.2000 and a minimum due of Rs.500 on the outstanding principal, your minimum due amount now for the particular billing cycle will be Rs.2500.

You can apply for SBI Flexipay in the following ways:

  1. Log in to the official website of SBI Card using your credentials. You can choose the big purchase that needs to be converted to Flexipay. Once you are approved, you can start paying in an easy monthly instalment.
  2. You can call up the customer care executives of SBI at 1860 180 1290/ 39 02 02 02 and get help to convert your big purchase to EMI.

Fees levied on Flexipay

 Processing Fee

 2%, minimum of Rs. 199 and a maximum of Rs. 1000

 Interest Rate

 22% or as per applicable offer

 Foreclosure or Cancellation Fee

 3% of the outstanding amount


Points to Remember: 

  • You must convert the transactions into Flexipay within 30 days of the purchase.
  • The minimum transaction amount that can be converted into an EMI is Rs.2500

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