Managing large purchases can often feel overwhelming, especially when they stretch your monthly budget. However, SBI Card offers an incredibly convenient solution to ease this burden — the Flexipay EMI facility. This allows cardholders to convert eligible purchases into manageable Equated Monthly Instalments (EMIs). Whether you’ve just purchased a new gadget, booked a vacation, or upgraded your home appliances, Flexipay helps distribute payments over several months without putting strain on your finances.

In this guide, we'll walk you through everything you need to know about converting your SBI Card purchases into EMIs. We’ll also highlight the advantages of this feature, show you how to access it, and provide clear steps for converting your transactions.

What is the SBI Card EMI (Flexipay) Facility?

The SBI Card Flexipay facility allows cardholders to convert their retail purchases into fixed monthly instalments. If you’ve spent ₹500 or more within the last 30 days, you can use Flexipay to divide that expense into smaller, affordable payments. This feature not only helps with larger purchases but also offers flexibility in choosing your repayment tenure.

The best part? If your total eligible purchases exceed ₹2,500, you can combine multiple transactions into one EMI plan for greater ease of payment. Compared to the standard credit card interest rates, the rates for EMI conversions are typically lower, which makes Flexipay a more affordable option in the long run.

Benefits of Using the EMI Facility

1. No need for upfront funds: You can make purchases without worrying about draining your savings, as the amount will be spread over time.

2. Flexible Tenures: Choose a repayment tenure that suits your financial needs, ranging from 3 to 36 months, depending on the transaction and offer available.

3. Lower Interest Rates: EMI conversions are charged lower rates than regular credit card interest, making them more cost-effective.

4. Instant Conversion: Set up the conversion easily through the SBI Card mobile app, website, or by contacting customer care.

5. Works Online and Offline: Eligible retail and e-commerce transactions can be converted into EMIs, providing greater flexibility in both online and physical stores.

Step-by-Step: How to Convert SBI Card Purchases into EMIs

Option 1: Through the SBI Card Mobile App

1. Log in to your SBI Card app.

2. Navigate to the ‘Flexipay’ section within the app.

3. Select the eligible transaction(s) you want to convert.

4. Choose the preferred EMI tenure (from 3 to 36 months).

5. Review the EMI breakup and confirm the conversion.

Option 2: Through the SBI Card Website

1. Visit www.sbicard.com and log in to your account.

2. Find the ‘Flexipay’ option under the ‘Benefits’ tab.

3. Select the eligible transactions and the desired EMI tenure.

4. Confirm your EMI plan to complete the conversion.

Option 3: Via Customer Care

1. Call the SBI Card helpline at 1860 180 1290 or 39 02 02 02 (prefix with STD code).

2. Request the Flexipay EMI conversion for your eligible purchases by providing the necessary transaction details.

Things to Keep in Mind

While converting purchases into EMIs with SBI Card, there are a few important details to consider:

• Processing Fee: A one-time fee may apply depending on the offer, which is added to the cost of your EMI.

• Prepayment Charges: If you decide to pay off your EMIs before the tenure ends, foreclosure charges may be applicable.

• Credit Limit: The EMI amount will be blocked against your available credit limit, reducing your credit usage temporarily.

• Transaction Eligibility: Only retail purchases qualify for EMI conversion; cash advances, fees, or other non-retail purchases are excluded.

• Processing Time: EMI plans are generally activated within 5 working days.

Conclusion

Converting your SBI Card purchases into EMIs is an excellent way to manage large expenses without compromising your monthly budget. With the flexibility to choose your tenure, the advantage of lower interest rates, and the convenience of instant conversion, Flexipay offers a simple yet effective solution for financial discipline.

Before you opt for an EMI conversion, ensure you carefully review the interest rates, any associated fees, and the terms of the plan to ensure it aligns with your financial goals. With these easy steps, you’ll be able to manage your big-ticket purchases while staying in control of your finances.

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