# Quick Answer: How To Convert Sbi Credit Card Outstanding Amount To Monthly Emi?

## How can I convert my outstanding EMI to SBI credit card?

Q 2. How can I book Flexipay?

1. Click on ‘Flexipay’ under the Benefits section on the left hand navigation.
2. Select the transaction(s) >₹ 500 you want to convert into Flexipay, select the tenure and rate of interest and confirm the booking.

## How do I convert my monthly outstanding to EMI?

In case you want to convert your outstanding into EMIs, you can do so by logging on to your account through net banking and opting for smart EMI options for credit cards. Alternately, you can visit the nearest branch and ask your bank executive to help convert you’re outstanding into EMIs.

## What is outstanding amount in SBI credit card?

In case the statement outstanding has no cash balance and has not been carried forward from a previous statement and the retail balance outstanding on the statement date is paid in full by the payment due date, No Finance Charges are levied on such balances. Example 2 – Card Statement date – 2nd of every month.

You might be interested:  Quick Answer: How To Calculate Cash Credit Limit?

## How do I pay my SBI Flexipay EMI?

Once you are approved, you can start paying in easy monthly instalment. You can call up the customer care executives of SBI at 1860 180 1290/ 39 02 02 02 and get help to convert your big purchase to EMI. Fees levied on Flexipay.

Fees levied on Flexipay
Foreclosure or Cancellation Fee 3% of the outstanding amount

## How is EMI amount calculated?

The mathematical formula to calculate EMI is: EMI = P × r × (1 + r)n/((1 + r)n – 1) where P= Loan amount, r= interest rate, n=tenure in number of months.

## How can I pay all EMI in SBI credit card?

Transfer your other bank credit card balances to your SBI Card and pay back in EMIs. Avail Balance Transfer on EMI in 3 simple ways

1. SMS BTEMI on 56767.
2. SMS BTEMI on 56767.
3. Call 39 02 02 02/ 1860 180 1290.
4. Call 39 02 02 02/ 1860 180 1290.

## Can I pay all EMI at once?

Repaying all EMIs at once is known as pre-closing the loan account. The loan officer will also intimate you of any pre-closure charges or penalties. Pay the entire balance amount (sum of all pending EMIs + preclosure charges, if any ) using a cheque or DD.

## How can I change my credit card outstanding to EMI?

You can convert billed Credit Card amount to EMI with HDFC Bank through PhoneBanking. NetBanking

2. Click the Cards tab.
3. Next, under Credit Card, select the Transact, then the SmartEMI option.
4. An unbilled transactions page will appear.
5. Select Debit as your transaction type.
You might be interested:  Readers ask: How To Check Hsbc Credit Card Balance?

## Can I get EMI on debit card?

Debit EMI is a new EMI method using which you can avail EMI on your debit card. You don’t need to have the entire amount in your account at the time of transaction and bank will not block any amount on your card. Currently, EMI is available only on HDFC, SBI, Axis, ICICI, Federal and Kotak Mahindra debit cards.

## What is the minimum amount due in SBI credit card?

The minimum amount due on your SBI credit card is 5% of the total outstanding amount.

## How is the minimum payment calculated?

In general, the way your card issuer calculates your minimum payment depends on how much you owe. Typically, the minimum payment is a small calculated amount of your balance or a fixed dollar value — whichever’s greater. If you owe a lot (usually, over \$1,000): Your minimum will be calculated based on your balance.

## What is minimum amount due in CC?

Minimum amount due is the lowest amount you can pay on your credit card bill, to avoid late fees and other penalties. It is calculated as a percentage of outstanding bill payments along with any other fees charged to the balance. The minimum amount due must be paid on or before the payment due date.

## What is the interest rate of SBI credit card EMI?

* SBI Card merchant EMI is available at 14% annual rate of interest applicable on monthly reducing balance for 3, 6, 9, 12 month tenures, and 15% annual rate of interest applicable on monthly reducing balance for 18 and 24 month tenure.

You might be interested:  Readers ask: How To Block Indusind Credit Card?

## How can I activate SBI EMI card?

How to Avail SBI Debit card EMI?

1. Select the product you want to purchase.
2. Proceed to checkout.
3. Navigate to Debit card EMI option on the payment page.
4. Select Debit card EMI and a suitable tenure.
5. Complete the transaction using your SBI debit card.

## How can I check my SBI debit card EMI?

To check the eligibility, customers can also send an SMS typing DCEMI to 567676 from their registered mobile number.”

## How To Apply Oriental Bank Of Commerce Credit Card?How To Apply Oriental Bank Of Commerce Credit Card?

Contents1 How do I apply for Oriental Bank credit card?2 Where should you start when applying for a credit card?3 How do I apply for a new credit card?4 What