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When you shop with your SBI Card, you get the option to convert the SBI Credit Card bill into EMI via the Flexipay facility. Staying true to the tagline, ‘Payback your big purchases in flexible instalments’, it helps with larger bills and you can apply for it easily. 


Here, you can break down large purchases into smaller repayment amounts over the course of 3 to 24 months. SBI’s Flexipay eliminates hefty one-time payments when purchasing a product using your SBI Card.

How to Convert Your SBI Credit Card Bill to EMI or Flexipay

To benefit from the EMI option on the SBI Credit Card, you can follow any of the two simple ways mentioned below:

Net Banking

  1. Log in to your SBI Credit Card online account

  2. On the homepage, click on ‘Benefits’ and then select the ‘Flexipay’ option

  3. Then, select the eligible transaction that you wish to convert into EMIs

  4. Choose the repayment period and check the applicable rate

  5. Once you select all the details, confirm and proceed

Customer Care

Another way is to directly call the SBI credit card customer care number and request the representative to convert your SBI credit card bill into EMIs via Flexipay. You can call on the following numbers:

  • 39 02 02 02 

  • 1860 180 1290


You will receive a confirmation SMS on your registered number. Apart from these, you can use the chatbot ‘ILA’ to resolve your queries regarding the SBI Credit Card EMI conversion facility and follow the instructions.

SMS Facility

You can also book the Flexipay facility through SMS by sending ‘FP’ to ‘56767’.

Eligibility for Converting SBI Credit Card Bill to EMI

To utilise the benefits offered under the SBI Flexipay facility, you must fulfil the following transaction eligibility parameters:

  • You must make retail purchases by using your SBI Credit Card

  • Transactions are valid for EMI conversion for up to 30 days 

  • Your transaction value must be greater than ₹500, which may vary in case of certain offers

  • You can convert multiple retail transactions (greater than ₹500) into a single Flexipay plan (This may vary in case of specific offers)

  • You must have a minimum booking amount of ₹2,500


Remember, you cannot convert the following transactions via Flexipay:

  • Cash and fuel transactions

  • Interest, fees, fuel, or any other charges levied on your SBI credit card

  • Individual transactions whose value is less than ₹500

EMI Conversion Charges

Following is a comprehensive breakdown of the fees and charges that you have to bear while opting for the SBI Flexipay facility:


Monthly Instalment * Per ₹1,000

6 months


12 months


24 months


You will be able to opt for the SBI Flexipay facility by paying an interest rate ranging between 11.50% and 20.75% p.a. Additionally, you will have to pay a one-time processing fee of 1% (up to ₹2,000). 


Other fees such as foreclosure fee of 3%, and cancellation fee of 3% (post 45 days of placing booking request) on any outstanding principal amount.

Things to Consider when Opting for SBI’s Credit Card EMI Facility

While the facility has many upsides, there are few key pointers to remember when converting your bills into EMIs

  • Interest Rate

Banks charge an interest on your bill conversion, which can lead to significant financial liabilities

  • Tenor

The repayment tenor influences the EMI amounts, and so a longer tenor results in smaller EMIs and vice-versa

  • Associated Charges

In addition to the interest rates, you need to pay processing, foreclosure, cancellation, and other charges

  • Affects Credit Limit

Converting transactions into EMIs will reduce the credit limit on your card, until repaid


To benefit from the Flexipay facility, get a suitable SBI Credit Card on Bajaj Markets. By applying online, you benefit from a quick and simple application process with minimal formalities.

Frequently Asked Questions

Can I convert my SBI Credit Card bill into EMI?

If the purchase amount is ₹500 and above, you can easily convert the SBI Credit Card bill into EMIs via the SBI Flexipay facility.

What is the minimum booking amount for Flexipay?

The minimum amount to book the Flexipay facility is ₹2,500.

What is the interest rate for the EMI of the SBI Credit Card bill applicable for Flexipay?

The interest rate for the EMI of the SBI Credit Card bill ranges between 11.50% and 20.75% p.a. However, it may vary as per the applicable offer. You can contact the customer care or visit the official website to get the required information.

How can I activate the EMI on my SBI Credit Card bill?

To activate and enjoy EMIs on SBI Credit Card bills, you must shop with your SBI Credit Card and then log in to your online SBI Credit Card account. Next, you have to select Flexipay and follow the instructions. Alternatively, you can call the SBI Credit Card helpline to request for the Flexipay facility.

What are the tenor options for SBI Credit Card bill EMI conversions?

There are various tenor options, such as 3 months and 6 months for no-cost EMI options and 6,9,12,24, and 36 months for normal EMI tenors.

How do the EMIs on SBI Credit Card bills work?

At the time of any purchase, you can select the EMI option, which will result in the credit card bills being converted into instalments. Note that the bank charges interest for this facility, and it may be higher than the usual interest rates. You can make use of the SBI Credit Card EMI calculator to understand the interest rates and charges better.

Are there any foreclosure charges for prepayment of the EMIs of the SBI Card?

Yes, if you choose to prepay the debt, you need to pay a foreclosure fee of 3%.

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