With Easy Cash service, you can transfer up to 30% of your Credit Card limit to your current account by contacting our call center at 8001000102, and pay it back in monthly installments (up to 18 months) with Competitive profit rate and admin fee

Features & Benefits

withdrawl

Up to 30% of the credit card limit.

period2

Equal monthly installments (3, 6, 9, 12, and 18 months).

profit2

Up to 0.99% Profit Rate.

acc1

Instant cash credited to your current account

Terms and Conditions

The terms and conditions below are complementary to the Credit Card Agreement that is accepted and agreed to by the Cardholder:

  1. Easy Cash service is a transaction initiated by the cardholder via application form, the Bank’s online channels, or via the contact center, in which the Cardholder agrees to repay SAIB in equal monthly installments.
  2. Customer is allowed to transfer up to 30% of the Credit Card limit to the current account.
  3. If the Easy Cash amount to be transferred exceeds the eligibility criteria on the date of acceptance by SAIB, SAIB will automatically transfer only an amount equal to eligibility criteria of Credit Cardholder’s available credit limit as well as cash limit as authorized by Credit Cardholder in the application form, recorded call, or online channels.
  4. EPP terms and conditions mentioned in the Credit Card Agreement apply on all Easy Cash transactions

How to Apply

Call us at 8001000102 and make sure you prepare the below information within hand reach:

  • The account number of your Current or Savings account that you want to transfer your balance to.
  • The amount you would like to pay
  • Tenor to pay

Easy Cash Example

Customer requests to transfer 30% of the Credit limit to the current account (assuming that the customer had not made any cash withdrawals and is eligible for a total of 30% of his credit limit)

Easy Cash amount
  3,000
Administration Fees
1% (  30)
Tenor
3 months
Profit Rate
0.99%
Profit Amount:
(3,000 * 0.99%) * 3 = 89.1
Monthly installments:
(3,000 + 89.1) / 3 = 1029.7

Fees

Easy Cash is a service provided to credit cardholders with the following fees:

Product
Tenor (Months)
Administration Fees
Profit Rate
3
0.99%*
1%
6
0.99%*
1%
Easy Cash (installments)
9
0.89%*
1%
12
0.89%*
1%
18
0.79%*
2%

Easy Cash allows you to transfer up to 30% of your Credit Card limit to your current account via our e-services and pay it back in monthly installments (up to 18 months) with a competitive profit rate.

Easy Cash is available for all Primary SAIB Credit Cardholders based on their available cash limit.

You can avail a maximum of 30% of your available Credit limit. The amount varies based on your available Cash limit.

Easy Cash is paid in monthly installments up to 18 months.

Yes. Easy Cash monthly installment is included in your monthly minimum due.

Yes. Fees, Profit Rate, and Minimum Amount will vary depending on the chosen tenor period.

Product
Tenor (Months)
Administration Fees
Profit Rate
 
3
0.99%*
1%
 
6
0.99%*
1%
Easy Cash (installments)
9
0.89%*
1%
 
12
0.89%*
1%
 
18
0.79%*
2%