To boost up the market sentiment, SBI for all its debit card holders ahead of the festivities that begin with Navratra season has announced on tap financing facility. This facility is on using SBI debit card payment method at any of the PoS terminal or any online shopping portal for that matter i.e. Flipkart, Amazon etc.
The bank's tweet on the same said, "Let your Debit Card give you joy on-the-go and EMI on-the-spot! Know more about EMIs on SBI Debit cards today: https://sbi.co.in/web/personal-banking/e-commerce-loan."
Let your Debit Card give you joy on-the-go and EMI on-the-spot!— State Bank of India (@TheOfficialSBI) October 6, 2020
Know more about EMIs on SBI Debit card today: https://t.co/OfXmZXXcZG#SwipeUpWithSBI #DebitCard #EMI #DebitCardEMI pic.twitter.com/P6hMaembfz
Also, the bank's site also showcases the new on the spot EMI facility on SBI debit cards."Let your Debit Card give you joy on-the-go and EMI on-the-spot! With Debit Card EMI from SBI, you can conveniently convert your transactions to Easy EMIs at both POS and e-commerce portals (Flipkart & Amazon)," the SBI official website says.
For Debit card EMI the SBI portal says, "EMI facility to pre-approved customers, for purchasing consumer durables from merchant stores by swiping their debit cards at POS," while for online EMI the portal says, "Provides EMI facility to pre-approved customers, for purchasing consumer durables online from Flipkart & Amazon portals."
So, the payment made can be easily converted into EMIs.