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Understand how to convert your SBI credit card bill into structured EMIs, including eligibility, interest rates, charges, and repayment terms.
Last updated on: Aug 04, 2026
SBI Card's Flexipay facility lets you convert eligible retail transactions made on your SBI credit card into easy monthly instalments. Instead of paying the full billed amount at once, you can spread the repayment over a fixed tenure — making it easier to manage large or high-value purchases.
The facility is available on eligible retail transactions and can be activated through Net Banking, customer care, or SMS, subject to the issuer's terms and conditions. Multiple transactions completed within 30 days can also be clubbed together to meet the minimum booking amount required under Flexipay.
Repayment tenures typically range from 3 to 24 months, giving you the flexibility to choose a schedule that suits your budget. Flexipay is commonly used for electronics, appliances, travel bookings, and other significant retail spends.
Know how your bill payment misses can affect you and learn how to avoid them
The SBI credit card bill to EMI facility under Flexipay allows eligible retail transactions to be converted into fixed monthly instalments instead of being paid in full in a single billing cycle.
Here is how the process works:
Make an eligible purchase: Use your SBI credit card for a retail transaction of at least ₹200.
Check the eligibility period: The transaction should have been completed within the previous 30 days and meet Flexipay eligibility criteria.
Submit the conversion request: Apply for the SBI Card bill to EMI conversion through Net Banking, the mobile app, customer care, or SMS.
Select the repayment tenure: Choose an available EMI tenure, typically ranging from 3 to 24 months.
Receive approval: Once the request is approved, the transaction amount is converted into fixed monthly instalments.
Repayment begins: The first EMI is generally reflected in the next billing statement and continues until the selected tenure is completed.
The first EMI appears in your next billing statement. Interest is charged as applicable. The EMI amount is included in your Minimum Amount Due (MAD) during the tenure. Your available credit limit is blocked up to the principal amount, processing fee, and applicable GST. The limit gradually restores as you repay each instalment.
Log in to SBI Card Net Banking, select an eligible transaction under Flexipay, choose a tenure, and submit the request.
Open the SBI Card app, select an eligible transaction, review the available EMI tenures, and complete the conversion.
Contact SBI Card customer care to request EMI conversion for eligible transactions and confirm the applicable terms.
Send an SMS in the prescribed format to convert eligible transactions into EMIs, subject to SBI Card guidelines.
To convert a transaction into EMI through Flexipay, the following conditions must be met:
Card Type: Valid primary SBI retail credit card required — add-on card transactions are not eligible
Residency: Must be a resident of India
Minimum Transaction Value: Individual retail transactions must be worth at least ₹200
Minimum Booking Amount: The total amount selected for conversion must be ₹2,500 or above
Transaction Timeline: Only purchases made within the last 30 days are eligible
Account Status: The credit card account must be active and free of any delinquency, block, or suspension
Disclaimer: Terms and eligibility criteria may change at the issuer’s discretion. Please verify the latest details before choosing the Flexipay option.
Note: Only retail transactions are eligible. Cash withdrawals, interest, fees, GST, and other charges cannot be converted.
If you meet these criteria, you can proceed to choose a suitable conversion method, which is explained next.
If your transactions meet the eligibility criteria, you can raise a request through multiple official channels. SBI Card allows conversion through online and assisted modes.
You can choose the method that is most convenient for you. The request is processed within five working days, and a confirmation SMS is sent to your registered mobile number.
The available conversion methods are explained below:
You can convert eligible transactions through the official SBI Card website using the following steps:
Head to SBI Card’s website
Log into your SBI Card account online
Once on the homepage, click on ‘EMI & More’ and select the ‘Flexipay’ option
Select the eligible transactions you wish to convert into EMIs
Choose a repayment option that suits your budget and check the applicable interest rate
Once you have entered all the required details and confirmed them, click on ‘Proceed’
Once submitted, the request will be processed within five working days. After approval, the EMI schedule begins from your next billing statement.
You can request Flexipay quickly and conveniently through the SBI Card mobile app in a few simple steps:
Download and open the SBI Card mobile app
Log in using your registered credentials
Navigate to the Flexipay section within the app
Select the eligible retail transaction or transactions you wish to convert
Choose your preferred repayment tenure
Review the details and confirm your request
Once submitted, your request will be processed within 5 working days and you will receive a confirmation SMS on your registered mobile number.
Note: Steps may change depend on then lender’s discretion
You can also place a request by contacting SBI Card helpline support.
Call:
1860 180 1290
39 02 02 02 (prefix your local STD code)
Inform the executive that you wish to convert eligible retail transactions into Flexipay. The request must be made within 30 days of the transaction date.
Once processed, you will receive confirmation through SMS. The EMI schedule will begin from your next billing cycle.
You can also raise a request for Flexipay through SMS.
Send FP to 56767 from your registered mobile number. This will initiate the request for SBI Card bill to EMI conversion.
Your request will be processed within five working days. Once approved, you will receive a confirmation SMS on your registered mobile number.
Ensure that the transaction meets eligibility conditions before sending the request.
Flexipay allows eligible SBI credit card transactions to be converted into EMIs, and the applicable SBI credit card EMI interest rate is linked to your credit score at the time of assessment. The interest rate may vary across customer segments.
Note: With effect from 15 June 2026, the interest rate applicable on Flexipay ranges from 10.00% to 25.00% per annum.
Here are the applicable interest rate slabs:
| Credit Score | Interest Rate (per annum) |
|---|---|
≤ 700 |
22.00% – 25.00% |
701 – 780 |
17.00% – 20.00% |
> 780 |
10.00% – 16.00% |
Disclaimer: Interest rates are determined using internal benchmarks, including borrowing cost, operating expenses, tenor premium, and credit risk premium. Rates may be revised at the issuer’s discretion.
The following table outlines the applicable interest rates, processing fees, and foreclosure charges under the Flexipay facility.
| Tenure | Interest Rate | Processing Fee |
|---|---|---|
24 & 36 months |
As applicable based on the cardholder's credit profile |
Nil for Flexipay booking requests raised between 15 June 2026 and 14 July 2026 (both dates inclusive), subject to offer eligibility |
Other tenures |
As applicable based on the cardholder's credit profile |
1% of the booking amount or ₹2,000, whichever is lower |
Foreclosure Charges: A fee of 3% is levied on the outstanding principal amount if the Flexipay plan is closed before completion.
Note: Upon approval, your credit limit is blocked up to:
Principal amount + Processing fee + Applicable GST
The credit limit is gradually restored as you pay each EMI.
Disclaimer: Interest rates, fees, and promotional offers are subject to change at the discretion of the issuer. Please verify the latest applicable terms before booking Flexipay.
Flexipay allows you to choose a repayment tenure based on your budget and repayment capacity. To understand how the EMI changes across different tenures, here is an illustration using:
Principal Amount: ₹30,000
Interest Rate: 10.00% per annum
Monthly Interest Rate: 10.00% ÷ 12 = 0.8333% per month
| Tenure (Months) | Approx. Monthly EMI | Total Interest Paid | Total Amount |
|---|---|---|---|
3 |
₹10,167 |
₹501 |
₹30,501 |
6 |
₹5,147 |
₹881 |
₹30,881 |
9 |
₹3,474 |
₹1,264 |
₹31,264 |
12 |
₹2,637 |
₹1,650 |
₹31,650 |
18 |
₹1,802 |
₹2,431 |
₹32,431 |
24 |
₹1,384 |
₹3,224 |
₹33,224 |
36 |
₹968 |
₹4,849 |
₹34,849 |
Note: These figures are illustrative and rounded for simplicity. Actual EMI, total repayment amount, and interest payable may vary depending on the applicable interest rate, processing fees, GST, and the cardholder's credit profile.
Converting your bill into EMI can help manage short-term cash flow. However, it also increases the overall repayment cost.
Converts large retail purchases into structured monthly instalments
Multiple transactions of ₹200 or above can be clubbed
Flexible tenure options from 3 to 36 months
Zero processing fee for 24- and 36-month tenures during the promotional period
Helps avoid paying the full billed amount in one cycle
Interest is charged on the converted amount
Longer tenure increases total interest outflow
3% foreclosure charge applies on outstanding principal
Credit limit is blocked up to principal, fee, and GST
Not available for cash transactions, charges, or delinquent cards
Before opting for conversion, it is useful to compare the total interest payable against your repayment capacity.
The SBI credit card convert to EMI facility under Flexipay is a post-purchase option that allows eligible retail transactions to be converted into EMIs after the purchase is completed. Depending on your requirement, you may also consider Purchase EMI at checkout or a personal loan for larger funding needs.
Here is a comparison of these options:
| Feature | Bill-to-EMI (Flexipay) | Purchase EMI | Personal Loan |
|---|---|---|---|
Timing |
After purchase (within 30 days of the transaction) |
At the time of purchase |
Before funds are disbursed |
Purpose |
Convert eligible credit card spends into EMIs |
Convert a specific purchase into EMIs at checkout |
Borrow funds for multiple personal expenses |
Minimum Transaction Amount |
₹200 per retail transaction |
Depends on merchant and issuer terms |
Depends on lender eligibility criteria |
Minimum Booking Amount |
₹2,500 |
As per merchant offer |
As per lender requirements |
Repayment Tenure |
Typically 3 to 36 months |
Depends on merchant and issuer options |
Can extend to several years, depending on the lender |
Funding Type |
Existing credit card transaction |
Specific product or service purchase |
Lump-sum loan amount |
Availability |
Eligible SBI Cardholders |
Participating merchants |
Eligible loan applicants |
Flexipay may be useful when an EMI option was not selected during the purchase. Purchase EMI is generally available at participating merchant outlets during checkout, while personal loans can be considered for larger funding requirements that are not linked to a specific credit card transaction.
Before choosing Flexipay, consider the following:
Conversion must be requested within 30 days of the transaction
Only retail transactions are eligible
Interest, fees, GST, and cash withdrawals cannot be converted
Minimum booking amount is ₹2,500
36-month tenure requires a booking amount of ₹30,000 or more
The first EMI appears in the next billing statement
EMI is included in the Minimum Amount Due
Interest rates are linked to credit score and may vary
Credit limit is blocked and restored gradually as EMIs are paid
Multiple Flexipay plans are allowed, subject to available credit limit
Note: Converting a transaction into EMI impacts the available credit limit on the card. The principal amount, along with applicable fees and taxes, is blocked at the time of conversion and is restored gradually as each EMI is repaid.
Reviewer
Yes. You can convert eligible retail transactions into EMIs using the Flexipay facility. Individual transactions must be ₹200 or above, and the minimum booking amount is ₹2,500. The request must be placed within 30 days of the transaction.
The minimum booking amount required to avail of the Flexipay facility is ₹2,500.
The interest rate applicable under SBI Card Flexipay ranges from 10.00% to 25.00% per annum, effective from 15 June 2026. The exact rate depends on factors such as the cardholder's credit profile and internal assessment criteria. Interest rates may vary across customer segments and are subject to change at the issuer's discretion.
You can request Flexipay through:
SBI Card website (sbicard.com)
SBI Card Mobile App
SMS (send FP to 56767)
SBI Card helpline numbers
Once approved, the EMI begins from your next billing statement.
Available tenures are 3, 6, 9, 12, 18, 24, and 36 months. The 36-month tenure is available only for booking amounts of ₹30,000 or more.
Eligible retail transactions can be converted into EMIs within 30 days of purchase. Once approved, the principal amount is divided into monthly instalments. The EMI is included in your billing statement, and interest is charged as applicable.
Yes. A foreclosure charge of 3% on the outstanding principal amount is applicable if you choose to close the plan before completion.
Paying at least the Minimum Amount Due avoids late payment charges. However, interest continues on the remaining balance. For complete details on how payments affect your credit profile, refer to the issuer’s official terms.
SBI Flexipay is a facility offered to eligible primary SBI Credit Cardholders. It allows you to convert retail transactions into equated monthly instalments after the purchase is billed.
EMI is calculated using the reducing balance method. The principal amount is divided across the selected tenure, and interest is charged at the applicable rate. The total payable amount, including interest and applicable charges, is split into fixed monthly instalments.
No. You must actively request conversion within 30 days of the transaction. The facility is not activated automatically.
Yes. You can preclose your Flexipay plan. A foreclosure charge of 3% on the outstanding principal amount is applicable.
The interest rate applicable under Flexipay is determined based on your credit score at the time of assessment.
When a bill is converted into EMI through Flexipay, the converted principal amount, along with applicable fees and taxes, is blocked from the available credit limit on the SBI credit card. As each EMI is repaid, the blocked credit limit is restored gradually, increasing the available spending limit over the tenure of the EMI plan.
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