new Delhi : The country's largest public sector bank, SBI, has launched another service for its crores of customers. Any customer can take advantage of this facility. Under the new facility, SBI account holders will get EMI facility even when shopping with debit card. For this, the customer has to swipe from the POS machine. That is, if you swipe the payment card for the purchase, then you will get the facility to convert your bill into EMI. According to SBI's tweet, more than 40 thousand traders are using POS machines. Let us tell you that SBI customers will get this facility only on the swipe from the POS machine.
By tweeting on behalf of SBI, it was told that no charge will have to be paid for converting shopping bills to EMI. That is, the bank will not charge you any processing fee nor any document will have to be verified.
How many days EMI
After converting the shopping bill into EMI, the customer has to pay it in 6 to 18 months. Loans will also be given to buy freeze and TV etc. from the bank.
When a customer converts shopping bills to EMI, he will have to start paying on EMI from next month. Will give information about this by SMS and Email from the bank.
#SBI is proud to have launched the Debit Card EMI on PoS, today, in Mumbai along with senior Reliance Digital officers. #SBIChairman, Shri Rajnish Kumar, said that he hoped the initiative enables customers to access funding for durable products. Read: https://t.co/YBy8ThipBe pic.twitter.com/UHJaxvMzs6
– State Bank of India (@TheOfficialSBI) October 7, 2019
Who will get loan
The bank will easily give loans to those customers, whose loan track is good. You can also check with your credit score whether you will get a loan or not.
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