How to Check SBI Debit card EMI Eligibility?

Update: 512 days ago | Published : 2019-08-28
Neha Nidhi
Neha Nidhi
Update: 512 days agoPublished: 2019-08-28

Join our Whatsapp and Telegram channels and get instant dealalerts

article image

What is your reaction to the debit card EMI option introduced by e-commerce sites? Are you thinking to avail this option in the near future?

If you looking to avail of this new payment option, you can check here,  How to check debit card emi eligibility? in a few simple steps. The service was recently introduced by SBI in a partnership with leading e-commerce sites.

The feature of Debit Card EMI allows users to buy something independent of their bank balance. You can check eligibility for SBI debit Card EMI via SMS or online. 

So check eligibility for SBI debit card EMI in just one click and get ready to go on a shopping spree. Here are more details on how to check SBI Debit Card EMI Eligibility via different methods. You can check eligibility via SMS & online methods.

SBI  Debit Card  EMI

SBI Debit Card EMI

You can buy products even if your bank account doesn't have the required amount. The service allows customers to pay in monthly EMIs. However, the transaction has to meet certain criteria.

The minimum transaction should be Rs. 8,000. And it can be up to Rs. 1 lakh. The tenure will be available from 3 months to 12 months. Also depending on the eligibility of the user. No need to apply for a credit card only for the EMI option.

How to check debit card emi eligibility?

You can use your registered mobile number to sbi debit card emi eligibility check on the following ways:

  • Send the word "DCEMI" to 567676 on WhatsApp.

  • However, keep in mind that the minimum and maximum loan amounts are Rs. 8,000 and Rs. 1 lakh, respectively. If you are an existing SBI customer, there are no paperwork requirements to use the EMI option.

SBI Debit Card EMI Eligibility Check SMS

To check Debit card EMI on Flipkart, send an SMS "DCEMI" to 57575 from your registered mobile number. Shortly, you will receive a response to your query. Even if you are not eligible at the time, you can recheck after 2-3 months the service is being extended to more and more customers. 

  • Type DCEMI 

  • Send the message to 57575

  • You will be notified via SMS

Offline Process Sbi debit card emi eligibility check

  • Use any merchant store that accepts your SBI Card to swipe Brand EMI, Bank EMI, or Select EMI.

  • Put the amount you want to borrow and the repayment period in.

  • The POS device will evaluate your eligibility.

  • After this press release, if you are found to be qualified, you will be asked to enter your debit card PIN. OK

  • The loan amount will be recorded, and you'll receive a charge slip with the loan's terms and conditions.

  • You must initial the charge slip that includes the terms and conditions.

SBI debit card emi eligibility online

For the purchase of consumer durables, goods, groceries, services like healthcare, hospitality, insurance, etc., as well as two-wheelers, etc. from various merchants' portals/sites, EMI is available to pre-approved clients.

SBI Debit Card emi Eligibility Check Number

Customers can verify their eligibility online, through POS machines, via periodic SMS/E-mail communication, and/or by texting SMS DCEMI to 567676 from their registered mobile number with the bank. Customers can use the EMI feature a maximum of five times.

SBI Debit card EMI on Flipkart

The concept of EMI is well known to most people. It is the process in which a customer pays for his transaction in instalments. The concept of EMI remains the same except that you can avail on Debit card as well. 

Debit card EMI is one more addition to the methods of payment for online shopping. The latest addition makes bigger purchases more convenient for customers. 

How to Avail SBI Debit card EMI?

  • Select the product you want to purchase

  • Proceed to checkout

  • Navigate to the Debit card EMI option on the payment page

  • Select Debit card EMI and a suitable tenure

  • Complete the transaction using your SBI debit card

Loan Amount & Interest Rate for SBI Debit Card EMI

You can avail of Debit card EMI on purchases between Rs. 8000 to Rs. 1 lakh. The interest rate will be 14%. And you can choose the tenure of 3,6,9, or 12 months. Additional charges include foreclosure charges - 3% & late payment charges 2%. 

  • Interest Rate - 14%

  • Foreclosure charges - 3%

  • Late Payment charges - 2%

Get ready for the ultimate shopping experience with Debit card EMI. In addition to SBI, Debit Card EMI is also available for Axis, ICICI, and HDFC bank customers. The process remains mostly the same for all leading banks. You can also check for the eligibility of Debit Card EMI with your Bank.

Conclusion

So , this article was all about How to check debit card emi eligibility? Also we read How to Check SBI Debit card EMI Eligibility, sbi debit card emi eligibility check, debit card emi eligibility check, sbi debit card emi eligibility check number, and sbi debit card emi eligibility check sms . Including this we also read about sbi debit card emi eligibility online,sbi debit card emi eligibility activation. I hope now you understand how to check debit card emi eligibility sbi. Still you have any query feel free to contact us in our comment section. Keep checking FreeKaaMaal.com for more details.

Frequently Asked Questions

Q1. How can I check my SBI debit card EMI status?

A1.You can use your registered mobile number to check your eligibility for an EMI on an SBI debit card in the following ways: Send the word "DCEMI" to 567676 on WhatsApp.

Q2.Who is eligible for EMI in SBI debit card?

A2.A pre-approved credit offer is made to eligible SBI debit card customers by SBI Debit Card EMI. At retail point-of-sale (POS) devices or online e-commerce sites, users can convert their transactions into quick EMIs. By tapping their debit cards at the POS, pre-approved clients can use EMI to purchase consumer durables from merchant stores.

Q3.How do I check my debit card EMI limit?

A3.Check the EMI limit on your debit card: Send the text DCEMI, followed by a space, to the number 5676766.

FreeKaaMaal.com

Freekaamaal, which provides up to 100% payback on online purchases, is the leading cashback website in India. When Freekaamaal first started selling items online, it had a solid reputation for carrying reliable brands. It works with more than 550 online merchants who sell products in various market segments and categories. On FreeKaaMaal, you can find the best offers, discounts, coupons, and contest prizes. Immediately register for FreeKaaMaal to begin receiving rewards for your purchases.

writer image

Neha Nidhi

author

I love to play with words and aim to provide informative information to readers, which helps them get their answers.

Join our Whatsapp and Telegram channels and get instant dealalerts