SBI Card – Are you burdened by payments for big ticket purchase? Here is an opportunity to pay as low as Rs 52

SBI Card – If you have recently made some big-ticket purchases and are paying a bomb or are planning one then here is an opportunity that will make the payment process easier on your pockets. SBI Card, which is being offered by SBI Cards and Payment Services, gives you a great option to do so. SBI Card gives you the option of converting your transactions into easy instalments. So, you can make big purchases and enjoy paying back with SBI Card’s flexible pay back options.
 
What are the benefits? Well, you can repay in a period of 6, 9, 12 and 24 months. Instalments as low as Rs 52 per Rs 1,000 are on offer, the bank says on its website.

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Flexipay is a facility offered to existing SBI credit cardholders to convert their big purchases into easy monthly instalments. Any SBI Card holder, with a transaction greater than Rs 500 can convert the said transaction into Flexipay within 30 days. The company further says that delinquent or blocked card holders would not be able to avail this service.

Features of SBI Card Flexipay
• Convert your transactions into Flexipay within 30 days of the purchase
• Any transaction of Rs 500 or above can be converted to Flexipay
• Minimum booking amount Rs 2500

To avail this offer this is what you have to do – The SBI Cards and Payment Services on its website has given the complete information. All you need to do is: Book Flexipay in 3 simple ways:

1) Login to your SBI Card Online account
2) SMS FP to 56767
3) Call 39 02 02 02/1860 180 1290 BSNL/MTNL

SBI Card Flexipay Service - You must also know this

• A one-time processing fee of 2 per cent, up to a minimum of Rs 249 and a maximum of Rs 1,500 will be levied
• Interest of 22 per annum, or as per applicable offer
• If you want to foreclose or cancel your Flexipay plan, a 3 per cent cancellation fee will be levied on the outstanding principal amount
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The company on its official website says that your request to convert your transactions into Flexipay will be processed within 5 working days. SBI Cards and Payment Services will also send you a confirmation SMS on your registered mobile number.