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Flexipay

 

 


 

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Know more about Flexipay facility

Repay in a period of 36, 9, 12, 18 and 24 months
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Avail 36 months tenure, only for booking amount greater than or equal to Rs. 30,000

Attractive rates of interest
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Rate of Interest

  • Bureau score <=700 = 21.00% to 24.00% p.a.
  • Bureau score between 701 and 780 = 17.00% to 19.00% p.a.
  • Bureau score > 780 = 10.25% to 16.00% p.a.
 

Flexipay

With SBI Credit Card, you can convert your transactions into easy installments. Make big purchases and enjoy paying back with our flexible pay back options.

  • Convert your transactions into Flexipay within 30 days of the purchase
  • Any transaction of Rs. 200 and above can be converted to Flexipay
  • Minimum booking amount Rs. 2500

Fees and Charges

  • One Time Processing Fee
    • For Bureau score <=700 : 1% of the booking amount or Rs 2000 whichever is less will be applicable
    • For Bureau score between 701 and 780 : ZERO Processing Fee for tenure of 24 and 36 months. For all other tenures, a 1% of the booking amount or Rs 2000 whichever is less will be applicable
    • For Bureau score > 780 : ZERO Processing Fee for tenure of 18, 24 and 36 months. For all other tenures, a 1% of the booking amount or Rs 2000 whichever is less will be applicable
  • Foreclosure Charges
    • If you want to foreclose or cancel your Flexipay plan, a 3% cancellation fee will be levied on the outstanding principal amount

Q 1. What is Flexipay?

Flexipay is a facility offered to existing SBI Credit Cardholders to convert their big purchases into easy monthly instalments post the transaction is debited to card. The minimum Flexipay booking amount must be greater than or equal to Rs. 2,500. Cardholders can club multiple transactions of Rs. 200 and above done within 30 days to reach the Minimum Booking Amount. Please note that this facility is not available on cards that are flagged as delinquent or blocked.

Q 2. How can I book Flexipay?

The Flexipay facility may be availed by an SBI Credit Cardholder through:

  • SBI Card Website (Click hereto watch demo)
  • SBI Card Mobile App
  • SBI Card Chatbot ILA
  • SBI Card WhatsApp Connect
  • SBI Card Helpline No. 1860 180 1290, 39 02 02 02 (prefix local STD code)

Your request to convert your transactions into Flexipay will be processed within 5 working days. We will also send you a confirmation SMS on your Registered Mobile Number.

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Other Lower Interest Options

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Balance Transfer

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Balance Transfer on EMI

Transfer your outstanding to SBI Card. Save more with lower interest rates & pay back in EMIs.

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