SBI Loan On Credit Card

Home State Bank of India SBI Loan On Credit Card
loading Get the Best Personal Loan Offer
loading

Find Personal Loan at lowest interest rates

Paisabazaar offers Personal Loan to individuals at lowest interest rate in the market. Fill your details and compare 30+ available options

Check your eligibility

Digits Only
Error: Please enter valid amount.
Note: The amount of loan you desire to borrow
Digits Only
Error: Please enter valid amount.
Note: Income is required to check the suitable personal loan for you
Error: Please enter valid amount.
Note: Your company's annual sales/turnoveryou.
Error: Please select mode of salary received
Error: Please select your residence type
Digits Only
Error: Please enter valid amount.
Error: Please select profession years
+91
Error: Please enter a valid number.
Note: We may verify this number later using OTP
Error: Please select current city
Error: Please enter a valid name.
Error: Please enter a valid email address.
Error: Please enter a valid PAN number.
Error: Please enter a valid date of birth.
Error: Please enter a valid Pin Code.

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CIBIL TERMS AND
CONDITIONS

To,
TransUnion CIBIL Limited
[Formerly known as Credit Information Bureau (India) Limited]
One Indiabulls building ,Unit No 1901 – 1905,
19th Floor, Tower 2A-2B, Jupiter Mill compound,
Senapati Bapat Marg, Lower Parel, Mumbai 400 013

Sub: Grant of Consent

Dear Sirs,

In connection with submission of the application for my credit information offered by CIBIL (“Consumer Credit Information”) through Paisabazaar (referred to as the “Company”) and delivery of the Consumer Credit Information to the Company, I hereby acknowledge and agree to the following:

A. The Company is my lawfully appointed agent and he / it has agreed to be my agent for the purposes, including, without limitation, to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, and the Company has granted its consent for being appointed for the aforesaid purpose.

B. I grant my unconditional consent to the Company to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, as the case may be, and the Company has granted its consent for being appointed for the aforesaid purpose. I hereby represent and acknowledge that: the Terms of Understanding in relation to the use of the Consumer Credit Information has been agreed between me and the Company.

C. I hereby expressly grant unconditional consent to, and direct, TUCL to deliver and / or transfer my Consumer Credit Information to the Company on my behalf.

D. I shall not hold TUCL responsible or liable for any loss, claim, liability, or damage of any kind resulting from, arising out of, or in any way related to: (a) delivery of my Consumer Credit Information to the Company ; (b) any use, modification or disclosure by the Company of the contents, in whole or in part, of my Consumer Credit Information , whether authorized or not; (c) any breach of confidentiality or privacy in relation to delivery of my Consumer Credit Information to the Company ; (d) for any use made by the Company which is contrary to the Agreement entered into between the Company and TUCL

E. I acknowledge and accept that: (a) TUCL has not made any promises or representations to me in order to induce me to provide my Consumer Credit Information or seek any consent or authorization in this regard; and (b) the implementation of the Agreement between TUCL and the Company is solely the responsibility of the Company.

F. I agree that I may be required to record my consent / provide instructions electronically and in all such cases I understand that by clicking on the "I Accept" button below, I am providing "written instructions" to Paisabazaar authorizing Paisabazaar to obtain my Consumer Credit Information from my personal credit profile from TransUnion CIBIL LIMITED, [formerly known as Credit Information Bureau (India) Limited]]. I further authorize Paisabazaar to obtain such information solely to confirm my identity and display my Consumer Credit Information to me. Further in all such cases “By checking this box and clicking on the ‘Authorize button, I agree to the terms and conditions, acknowledge receipt of TUCL privacy policy and agree to its terms, and confirm my authorization for Paisabazaar to obtain my Consumer Credit Information.

G. I understand that in order to deliver the product to me, I hereby authorize Paisabazaar, to obtain my Consumer Credit Information from TUCL.

H. By submitting this registration form, I understand that I am providing an express adhoc one-time written instructions for Paisabazaar to request and receive information about me from third parties, including but not limited to a copy of my consumer credit report and score from consumer reporting agencies, at any time for so long as I have an active Paisabazaar account. I further authorize Paisabazaar to retain a copy of my information for use in accordance with the terms of use of this service, Paisabazaar’s Terms of Use and Privacy Policy.

I. I UNDERSTAND THAT THE PRODUCT IS PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS AND TUCL EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

J. I shall not sue or otherwise make or present any demand or claim, and I irrevocably, unconditionally and entirely release, waive and forever discharge TUCL , its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter “Releasee”), from any and all manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) (“Losses”), whatsoever, in law or equity, whether known or unknown, which I ever had, now have, or in the future may have against the Releasee with respect to the submission of my Consumer Credit Information and / or my decision to provide TUCL L with the authority to deliver my Consumer Credit Information to the Company . I agree to defend, indemnify, and hold harmless the Releasee from and against any and all Losses resulting from claims made against TUCL L by third parties arising from and in connection with this letter.

K. I agree that the terms of this confirmation letter shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts located in Mumbai in regard to any dispute arising hereof. TUCL is entitled to assign its rights hereunder to any third person without taking my prior written consent.

Yours faithfully,
Name :

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EQUIFAX TERMS AND
CONDITIONS

I Mr./Ms. -------------------- ---------------------residing at ------------------------ ---------------------------------------- do hereby authorise Paisabazaar Team ,to do all acts on my behalf as may be necessary including to execute/sign application(s), make payment of applicable fees* and generally to all other acts as may be necessary to receive, on my behalf and at my request, my Credit Information Report (CIR) from Equifax Credit Information Services Private Limited("Equifax") at the following address/email id:

I hereby confirm that all the powers hereby conferred may be exercised by officer(s) or manager(s) / agent(s) / employees of the Paisabazaar who is duly authorized by the Paisabazaar.

I hereby confirm, agree, undertake and accept that I shall at all times be solely responsible for all the above actions and omissions of the Paisabazaar shall be binding on me as though such actions had been carried out by me directly. I further confirm that my CIR shall be used only for the purpose as mentioned in the attached standard terms and conditions and I shall be solely liable for, and indemnify and hold harmless Equifax for and against, any and all third party claims or damages or proceedings of any kind, arising from or in connection with (a) any misrepresentations, incorrect information or omission of any critical information in my application, or (b) furnishing my CIR based on this authorization letter, and shall not at any time hold Equifax or its affiliates and their respective officers, directors, employees or representatives liable in this respect.

I hereby also confirm that I have only appointed Paisabazaar to be my authorized agent/representative for collection of my CIR.

I undertake to keep Equifax intimated and informed at all times, of any renewals or termination of the authorization to Paisabazaar or any amendments, modifications or changes in the terms governing the obligations or my relationship with Paisabazaar.

I shall at all times co-operate with Equifax and execute and deliver to Equifax such instruments and documents and take such other actions as may be required by Equifax from time to time in connection with this authority letter.

By signing on this authorization letter, I hereby acknowledge and accept the Standard Terms and Conditions mentioned above.

Date : 18/01/2020

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EXPERIAN TERMS AND
CONDITIONS

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM EXPERIAN.

YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND PAISABAZAAR AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU HEREBY ALSO AGREE AND ACKNOWLEDGE THAT FOR PAISABAZAAR TO SERVICE YOU AS A CUSTOMER, THE CREDIT INFORMATION SHALL BE SHARED BY EXPERIAN WITH YOU AND PAISABAZAAR ON A MONTHLY BASIS. YOU FURTHER ALSO AGREE AND CONSENT TO RECEIVE SUCH CREDIT INFORMATION DIRECTLY FROM EXPERIAN AND ALSO THROUGH YOUR PAISABAZAAR ACCOUNT AS PER YOUR INDEPENDENT REGISTRATION WITH PAISABAZAAR.

Please read the Terms and Conditions of this document carefully before accepting. By clicking on the "I ACCEPT" button below, you are expressly agreeing to access the Experian Credit Information Report and Credit Score (as defined in the Important Information Section below) (together referred as "Credit Information") and share a copy of the Credit Information with Paisabazaar in the "as is" format. Please click on the link below to read and understand the Important Information section below.

** This document is an electronic record in terms of the Information Technology Act, 2000 and Rules made there under, and the amended provisions pertaining to electronic records.

Information Collection, Use, Confidentiality, No-Disclosure and Data Purging

PAISABAZAAR/ We/ Us can only access your Credit Information as your authorized representative and we shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from us on the Website. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

We shall protect and keep confidential the Credit information both online and offline and use best in class security measures in line with applicable laws. The Credit Information shared by You, or received on your behalf shall be destroyed, purged, erased promptly upon the earlier of: (i) your written request to terminate this relationship with Paisabazaar (ii) the completion of provision of the Services by us to you.

Governing Law and Jurisdiction The relationship between you and the Parties shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of [Mumbai].

Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
"Credit Information Report" means the credit information / scores / aggregates / variables or reports which shall be generated by Experian;
"Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by Experian.
"CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
PLEASE READ THE ABOVE MENTIONED IMPORTANT INFORMATION AND CLICK ON "ACCEPT" FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH YOU AND PAISABAZAAR, IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE.
BY CLICKING "ACCEPT" YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN. THE TERMS AND CONDITIONS MENTIONED HEREIN MAY CHANGE IN ORDER TO COMPLY WITH GOVERNING LAWS OF THE COUNTRY AND THE CONSUMER SHALL BE BOUND TO ANY CHANGES TO THIS AGREEMENT

Name :
Date : 18/01/2020

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :18/01/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CRIF HIGH MARK TERMS
AND CONDITIONS

This End User Agreement (the "Agreement") is made between you (the "User" or "You") and Paisabazaar Marketing and Consulting Pvt Ltd ("PaisaBazaar"), a private limited company having its registered office at Plot No 119, Sector-44, Gurgaon-122001, Haryana ("PAISABAZAAR", "Us" or "We", which term shall include its successors and permitted assigns). The User and PAISABAZAAR shall be collectively referred to as the "Parties" and individually as a "Party".

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM CRIF HIGH MARK. BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE CRIF HIGH MARK CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW)(TOGETHER REFERRED AS "CREDIT INFORMATION"). YOU HEREBY ALSO IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY CRIF HIGH MARK TO YOU AND PAISABAZAAR BY USING CRIF HIGH MARK TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU ALSO ACKNOWLEDGE THAT YOU SHALL NOT RAISE ANY CLAIM OR HOLD LIABLE CRIF HIGH MARK CREDIT INFORMATION SERVICES PRIVATE LIMITED IN RELATION TO YOUR CREDIT INFORMATION REPORT AND CREDIT SCORE PROVIDED OR TO BE PROVIDED BY CRIF HIGH MARK TO PAISABAZAAR.

Terms and Conditions: Information Collection, Use, Confidentiality, No-Disclosure and Data Purging PAISABAZAAR shall access your Credit Information as your authorized representative and PAISABAZAAR shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from PAISABAZAAR. PAISABAZAAR shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

The Parties agree to protect and keep confidential the Credit Information both online and offline. The Credit Information shared by you, or received on by us on your behalf shall be destroyed, purged, erased promptly upon request from the consumer or the consumer withdrawing the consent to retain such credit information / reports by deleting/deactivating the consumers account with Paisabazaar.

Governing Law and Jurisdiction Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
" Business Day" means a day (other than a public holiday) on which banks are open for general business in Gurgaon and Mumbai.
" Credit Information Report" means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by CRIF High Mark;
" Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by CRIF High Mark.
" CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
IN CASE THERE IS ANY DISCREPANCY OR INABILITY IN COMPLETION OF ONLINE AUTHENTICATION, PLEASE SUBMIT YOUR SELF ATTESTED KYC DOCUMENTATION IN SCANNED COPIES FOR SHARING OF YOUR CREDIT INFORMATION BY CRIF HIGH MARK WITH YOU AND PAISABAZAAR (YOUR AUTHORISED REPRESENTATIVE).
ONLINE SUBMISSION - DOES NOT REQUIRE SIGNATURE AND EXECUTION"

Name :
Date :18/01/2020

More

By submitting this form, I agree to Term of Use

*Offers are from Paisabazaar's partner Banks & NBFCs.

OTP Verification

Verify your mobile

Please enter the OTP we sent via SMS

Didn’t receive your OTP? Send it again
Your OTP resend limit exceeded. Please try again later.
Updated: 17-09-2019 08:01:07 AM

State Bank of India is the biggest public sector bank of India. It was established under a parliament act in July 1955. In 1959 State Bank of India (Subsidiary Banks) Act was passed, enabling SBI to take over eight former state-associated banks and its subsidiaries.   It is headquartered in Mumbai, Maharashtra. It offers financial services and products for Indians and non-resident Indians (NRIs).

Types of Loan on SBI Credit Cards:

1) Balance Transfer on EMI

Transfer high-rate credit card balance of other accounts to your SBI credit card to get best repayment deals in the form of EMI.

Plans AvailableProcessing Fee
0.5%*  p.m. for 3 months1.5% or Rs 199 (whichever is higher)
0.75%* p.m. for 6 months1.5% or Rs 1999 (whichever is higher)

2) Flexipay

  • Your SBI credit card allows you to convert your big-ticket purchases into easy instalments. Enjoy doing flexible payments with SBI’s Flexipay option. Flexipay enables SBI credit card holders to convert their transaction greater than Rs. 2,500 into easy instalments within 30 days. Delinquent or blocked cardholders won’t be able to avail this service.
Features of Flexipay:
  • Cardholders can convert their transactions of big ticket purchases within 30 days from the date of purchase.
  • Transactions above the amount of Rs. 2,500 or above can be converted into Flexipay
Fees and Charges:
  • Flexipay would levy a one-time processing fee of 2%, which can be minimum of up to Rs.199 and maximum of up to Rs.1,000.
  • A flat rate of interest, 14.5% p.a. would be levied
  • If a credit card holder wishes to foreclose or cancel their Flexipay, then a foreclosure charge of 3% is levied on the outstanding principal amount.

3) Easy Money

It allows you to buy anything from a holiday trip to a mobile phone by delivering money at your doorstep in the form of cheque or draft.

Plans AvailableProcessing Fee
Offers vary periodically2% with min. Rs. 499 and max. Rs 3000 (whichever is higher)

4) EnCash

Get cash on call for a holiday, education or marriage etc. over and above your credit limit. Avail flexible repayment tenure of 12, 24 and 36 months.

SBI Encash is pre-approved loan or we can say money on demand facility which is given to SBI credit card holders. Cardholders can get an encash amount over and above the existing credit limit or within the existing credit limit on the card. The desired amount can be disbursed through a payable cheque.

Features of Encash Facility
  • Encash has comparatively low rate of interest than other traditional loans.
  • It is pre-approved loan which is provided over and above or within your existing credit limit.
  • This loan is processed immediately on your credit card. It doesn’t require any documentation, paper work or post-dated cheques.
  • The desired amount will be delivered at your doorstep within 3 working days if you reside in a metro city in the form of a cheque.
  • For other cities, the payable cheque will be delivered within maximum 5 days.
Fees and Charges
  • A Fixed rate of interest is applicable
  • Cardholders who want to avail this facility need to provide a one-time processing fee of 2%, which can be up to a minimum amount of Rs.499 and a maximum of up to Rs. 3000.
  • In case the cardholder wants to foreclose the Encash booking, then he/she has to pay 3% foreclosure fee on the outstanding principal amount.
How to book Encash?

Encash can be instantly requesting in 3 simpler ways:

  • Through Website:

Login to the official website of SBI Card using your SBI Card credentials, if you are eligible for encash facility on your card then you will see the encash link given under the benefits section. Click on the given link and mention the desired amount, select the tenure and interest rate and confirm your booking by clicking the “confirm” tab.

  • Through Mobile App: Login to the SBI Card mobile app using your username and password. Click on the benefits option and select “Encash” (in case you are eligible) from the menu, enter the required details and book encash in just 3 steps.
  • Through helpline number: If customers do not wish to book encash through website or mobile app, then they can also call up the SBI Card helpline number to check whether they are eligible for encash or not, if yes then they can book it over the call.39 02 02 02 (prefix local STD code)Or  1860 180 1290

Why opt for SBI Loan on Credit Cards?

  • Save on high interest rate of other cards
  • Continue shopping even after you’ve opted for balance transfer
  • Transaction can be converted to Flexipay within 30 days of purchase
  • Flexipay carries low interest rates as per available offer.
  • No need to withdraw cash from ATM and repay at higher interests
  • Repay the amount in flexible tenure
  • No documents or post-dated cheques

What is the Repayment Process?

The Minimum Amount Due will be mentioned in the SBI credit card statement that you will receive every month. The statement will include billing of EMI amount, education CESS and service tax beginning from the immediate billing cycle date. For unrestricted use of card, deposit the minimum amount due regularly. Interest and other charges are calculated on the outstanding balance.

 

Did you find this article helpful? Rate it.

Balance Transfer on EMI
Balance Transfer on EMI

Transfer high-rate credit card balance of other accounts to your SBI credit card to get best repayment deals in the form of EMI.

Plans AvailableProcessing Fee
0.5%*  p.m. for 3 months1.5% or Rs 199 (whichever is higher)
0.75%* p.m. for 6 months1.5% or Rs 1999 (whichever is higher)
Flexipay
Flexipay
  • Your SBI credit card allows you to convert your big-ticket purchases into easy instalments. Enjoy doing flexible payments with SBI’s Flexipay option. Flexipay enables SBI credit card holders to convert their transaction greater than Rs.2,500 into easy instalments within 30 days. Delinquent or blocked cardholders won’t be able to avail this service.
Features of Flexipay:
  • Cardholders can convert their transactions of big ticket purchases within 30 days from the date of purchase.
  • Transactions above the amount of Rs. 2,500 or above can be converted into Flexipay
Fees and Charges:
  • Flexipay would levy a one-time processing fee of 2%, which can be minimum of up to Rs.199 and maximum of up to Rs.1,000.
  • A flat rate of interest, 14.5% p.a. would be levied
  • If a credit card holder wishes to foreclose or cancel their Flexipay, then a foreclosure charge of 3% is levied on the outstanding principal amount.
Easy Money
Easy Money

It allows you to buy anything from a holiday trip to a mobile phone by delivering money at your doorstep in the form of cheque or draft.

Plans AvailableProcessing Fee
Offers vary periodically
2% with min. Rs. 499 and max. Rs 3000 (whichever is higher)
Encash
Encash

Get cash on call for a holiday, education or marriage etc. over and above your credit limit. Avail flexible repayment tenure of 12, 24 and 36 months.

SBI Encash is pre-approved loan or we can say money on demand facility which is given to SBI credit card holders. Cardholders can get an encash amount over and above the existing credit limit or within the existing credit limit on the card. The desired amount can be disbursed through a payable cheque.

Features of Encash Facility-

  • Encash has comparatively low rate of interest than other traditional loans.
  • It is pre-approved loan which is provided over and above or within your existing credit limit.
  • This loan is processed immediately on your credit card. It doesn’t require any documentation, paper work or post-dated cheques.
  • The desired amount will be delivered at your doorstep within 3 working days if you reside in a metro city in the form of a cheque.
  • For other cities, the payable cheque will be delivered within maximum 5 days.

Fees and Charges:

  • A Fixed rate of interest is applicable
  • Cardholders who want to avail this facility need to provide a one-time processing fee of 2%, which can be up to a minimum amount of Rs.499 and a maximum of up to Rs.3,000.
  • In case the cardholder wants to foreclose the Encash booking, then he/she has to pay 3% foreclosure fee on the outstanding principal amount.

How to book Encash?

Encash can be instantly requesting in 3 simpler ways:

  • Through Website:
Login to the official website of SBI Card using your SBI Card credentials, if you are eligible for encash facility on your card then you will see the encash link given under the benefits section. Click on the given link and mention the desired amount, select the tenure and interest rate and confirm your booking by clicking the “confirm” tab.
  • Through Mobile App: Login to the SBI Card mobile app using your username and password. Click on the benefits option and select “Encash” (in case you are eligible) from the menu, enter the required details and book encash in just 3 steps.
  • Through helpline number: If customers do not wish to book encash through website or mobile app, then they can also call up the SBI Card helpline number to check whether they are eligible for encash or not, if yes then they can book it over the call.39 02 02 02 (prefix local STD code)Or  1860 180 1290
Why opt for SBI Loan on Credit Cards
Why opt for SBI Loan on Credit Cards
  • Save on high interest rate of other cards
  • Continue shopping even after you've opted for balance transfer
  • Transaction can be converted to Flexipay within 30 days of purchase
  • Flexipay carries low interest rates as per available offer.
  • No need to withdraw cash from ATM and repay at higher interests
  • Repay the amount in flexible tenure
  • No documents or post dated cheques
What is the Repayment Process
What is the Repayment Process

The Minimum Amount Due will be mentioned in the SBI credit card statement that you will receive every month. The statement will include billing of EMI amount, education CESS and service tax beginning from the immediate billing cycle date. For unrestricted use of card, deposit the minimum amount due regularly. Interest and other charges are calculated on the outstanding balance.

Menu