SBI Flexipay / You have spent a lot on your credit card! So pay the money in these installments

SBI Flexipay: In today's digital age, the use of credit cards has become common for large expenses, but paying the bill later can be difficult. To solve this problem, State Bank of India (SBI) offers its customers the 'Flexipay' facility. This facility allows you to convert your credit card expenses into easy monthly installments (EMIs). Let us know in detail what SBI Flexipay is and how it can be availed.

What is SBI FlexiPay?

SBI Flexipay is a credit card facility that gives you the option to pay your large expenses in easy monthly installments. This facility is applicable on purchases of ₹500 or more, and the payment period can range from 3 months to 24 months. A 36-month EMI period is also available for expenses of ₹30,000 and above. The minimum booking amount for FlexiPay is ₹2500, but this amount may vary under certain offers.

For complete details and latest updates, you can visit the official website of SBI Card. SBI Card offers several ways to convert credit card bills into EMIs, which are as follows:

Methods of credit card bill payment into EMI through SBI FlexiPay

1. Through Internet Banking

• Log in to your SBI Card online account.
• Go to the “EMI & More” option.
• Click on “FlexiPay”.
• Choose your expense and select the payment period.
• Submit after completing the process.

2. Through Customer Service

• Call the customer service number given on the official website of SBI Card.
• Request the representative to convert your expenses into EMIs through FlexiPay.
• The customer service team will guide you step by step.
• Before choosing the EMI option, use the credit card EMI calculator so that you can estimate the monthly installments accurately.

3. Through mobile application

• Download and login to the SBI Card mobile app.
• Select the “Flexipay” option.
• Modify the amount if required.
• Choose the payment term and follow the instructions.
• Submit after completing the process.

Benefits of Flexipay

• Convenient and flexible: You can divide the expenses into installments as per your convenience.
• Low interest rate: EMIs offer lower interest rates as compared to lump sum payments.
• Online and offline process: EMIs can be easily availed through mobile apps, internet banking, and customer service.
• Budget management: Financial burden can be reduced by converting big expenses into easy installments.

Conclusion

SBI FlexiPay is a great facility for customers who want to convert their large credit card expenses into easy monthly installments without any financial pressure. This facility provides users with more financial control and flexibility. If you are looking for a smart way to manage your expenses, SBI FlexiPay can prove to be a useful option for you.