SBI customers can convert up to Rs 1 lakh into EMI with a debit card

Trending 2021-09-07

newsteamz_SBI customers can convert up to Rs 1 lakh into EMI with a debit card
  • SBI debit card customers who purchase goods through POS and online can convert amounts ranging from Rs 8,000 to Rs 1 lakh into EMIs.

  • This instant service is provided without the submission of documents or payment of processing fees.

  • When using POS Machine, you can avail this facility by swiping the card and selecting brand EMI and Bank EMI, and recording the amount and repayment period.

SBI debit card customers who purchase goods through POS and online can convert amounts ranging from Rs 8,000 to Rs 1 lakh into EMIs. This instant service is provided without the submission of documents or payment of processing fees.

When using POS Machine, you can avail this facility by swiping the card and selecting brand EMI and Bank EMI, and recording the amount and repayment period. You can take advantage of this by choosing Easy EMI when buying online.

At present, the interest rate is 14.70 percent. Repayment periods ranging from six months to 18 months are also optional. This facility is available to eligible customers with SBI Debit Card. Customers can also check their eligibility by sending an SMS as DCEMI to 567676.

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