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Friday, 9 October 2020

SBI is offering debit card EMI facility, now you can buy household items in easy installments this festival season.

 According to SBI, debit cards are now being offered with EMI facility

  Under this, the customer will be able to shop from point of sale (POS) or online.  Customers can convert their purchases into easy installments.

 Taking advantage of pre-approved EMI facility

 SBI is offering a pre-approved EMI facility to its account holders on debit cards.  Whether you are getting this facility or not can be obtained from the bank.  Because, if you are not maintaining the account properly, you may not get this feature.

 Failure to pay the installment will result in a penalty

 To avail of this facility, you should always have money in the SBI account for monthly installments.  EMI facility can be availed 3 times in a quarter under online and POS.  If the EMI amount is not paid on time due to a lack of money in the account, the penalty will be levied.

 You have to take more than 8000 rupees

 The amount borrowed can be repaid in 6, 9, 12 or 18 equal monthly installments (EMI).

 Read in Gujarati news 

 SBI is offering a special offer during the festive season

 State Bank of India (SBI) has announced a 0 percent waiver of processing fees for home loans, cars, gold, nd personal loans.  That means you don't have to pay any processing fees if you are thinking of buying a home.  But for that, customers have to apply through the bank's app YONO.  According to SBI, those customers will get a special discount at 10 bps or 0.10 percent interest, with a good score.

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