SBI with EMI facility on debit card

Technology 2021-09-13

newsteamz_SBI with EMI facility on debit card
  • SBI launches EMI facility on debit cards.

  • This feature is also available on in-store POS machines.

  • SBI debit cards can also be used for e-commerce such as Amazon and Flipkart

SBI launches EMI facility on debit cards. This feature is also available on in-store POS machines. SBI debit cards can also be used for e-commerce such as Amazon and Flipkart

To check the availability of the facility, all you have to do is type 'DCEMI' and send an SMS to 567676 from the mobile registered with the card holder's bank.

To avail of the service, you need to: -

1, Swipe the card.
2, Brand EMI >> Select Bank EMI.
3, Record the amount and repayment duration.
4, enter the PIN number and hit OK. With this, the machine eligibility will be checked.
5, if so successful then book the loan.
6, must be signed by the customer in print containing the bill and the terms of the loan.

For Online Purchasing: -

a. Flipkart, Amazon, and other sites with this facility by entering a registered mobile number.
b. then select the product and proceed with the payment
c. Select SBI in the Easy EMI option. The amount will come. Give the length of the tactic.
d. Go to Internet Banking or Debit Card Credentials on SBI Login Page
e. The loan has been booked. Terms will be shown. With this will be the order.

Loan Details: -

The two-year margin of 7.5% from Rs 8000 to Rs 1 lakh. 14.7% for the current year. There are six, nine, twelve, and eighteen-month tactics.

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