SBI Credit Card Loan Apply Online
Hello friends, I welcome you all to today’s article. Friends, we will give you information about how to take a loan from SBI credit card. Friends, if you have an SBI credit card, then now you do not need to visit any separate bank for a personal loan. SBI Card, the credit card unit of the country’s largest public sector bank, State Bank of India, has started a new facility giving great
relief to its customers, credit card loan. Under this facility, card holders can take a loan up to a certain limit on their card without any additional documents. This loan is offered with very quick processing time and easy EMI options. If you’re interested in taking out a loan with an SBI Credit Card, we’ll cover it in detail in today’s article. For more information, please read this article to the end.
What is SBI Credit Card Loan?
SBI Credit card loan interest rate SBI Credit card loan is an instant personal loan offered to SBI credit card holders based on their card’s credit limit. It is also known by names like ‘Encash’, ‘Flexipay’ or ‘instant loan’. Under this facility, you can transfer the loan amount directly to your bank account up to the pre-approved amount on your card.
Types of SBI Credit Card Loan
- Incash Inline – The bank offers this facility to its existing cardholders. The minimum loan amount available is ₹25,000 and the maximum claimed credit limit is ₹1,000. The repayment period ranges from 1 year to 4 years.
- incash – The bank offers this loan only to its existing cardholders. The minimum loan amount available is ₹25,000 and the maximum amount claimed is above the credit limit. Repayment tenures range from 1 year to 4 years.
How to take loan from SBI credit card?
SBI credit card customers can avail all credit card loan facilities in the following manner:
Net/Mobile Banking
Existing SBI credit card holders can login to their net banking account through the bank’s website or SBI Card app. After this, follow the steps given below:-
- Customers eligible for Encash and Encash Line will see the ‘Encash/Line Cash’ link in the ‘Benefits’ section.
- You have to go to this section and select the loan amount, interest rate and time period for all credit card loans.
Customers can also login to the chatbot ILA facility, ask questions about easy money banking and follow the steps given in the chatbot to apply for loan on SBI Credit Card.
Phone Banking
Apart from net banking, existing SBI credit card holders can call the below mentioned SBI card helpline numbers to check their eligibility criteria for Inkash / Inkash Online facility:-
- 3902 02 02 (Enter local STD code before the number)
- You can also send an SMS by writing ‘INCASH’ to 1806 180 1290 or this number 56767.
Existing SBI cardholders can also avail the loan facility against their credit cards through Payable-at-Par cheque. However, disbursement of loan amount through Payable-at-Par cheque takes 3 working days in metro cities and 5 working days in non-metro cities.
conclusion –
Friends, in today’s article, you have been given information about how to take a loan from SBI Credit Card. Complete information about this has been given in detail in today’s article so that you can easily take a loan from SBI Credit Card and avail its benefits. Friends, if you all liked today’s article, then definitely share this article.