If you do not have enough money in your account and you want to buy some goods, then you can make purchases on EMI through SBI debit card.
SBI Debit Card: If you want to buy something like AC, cooler, fridge or TV and there is no money worth shopping in your account. Also, if you do not have a credit card, it can be difficult for you to make a purchase.
At such times, your debit card can become your support. You can avail EMI facility on your debit card even without credit card. The country’s largest bank State Bank of India (SBI) is giving you EMI facility on debit card.
With SBI’s debit card, you can buy consumer durables at EMI at merchant stores. You will have to swipe your debit card at the merchant store.
On the other hand, you can also shop on portals like Flipkart and Amazon for online shopping on EMI through SBI debit card.
Pre-approved customers get convenience
However, SBI provides this facility only to its pre-approved customers. That is, the facility to purchase EMI through debit card is available only to such customers, who have already received approval from the bank for this.
In such a situation, if you do not have sufficient balance in your account and you have pre-approval of SBI, then you do not have to worry. You can easily buy goods on EMI through SBI debit card.
These are the features
, you can take goods up to 1 lakh rupees through EMI on SBI debit card.
In this, you get the convenience of paying in installments in 6 months, 9,12 and 18 months. The bank charges you a 2-year MCLR + 7.5% interest on it.
However, most consumers offer durable products at brands no cost EMI.
One of its great features is that you do not have to pay any processing fees on it. Also, your savings account balance is also not blocked, that is, you can use your bank account money comfortably.
No documentation is required for this and customers get this facility immediately.
Check the eligibility in this way,
you can easily know whether you are entitled to EMI facility on SBI Debit Card or not.
For this, all you need to do is SMS 567676 from your registered mobile number in which you have to send it by writing DCEMI.
