SBI Credit Card Offer on Lloyd

Last Updated : July 7, 2023, 1:17 p.m.

Lloyd is a well known electronic brand in India that deals in electronic product. So, if you are willing to buy any of the Air Conditioner & Refrigerator model then you must be aware of the latest deals. You must explore the latest SBI Credit Card Offer on Lloyd in which you can earn a Cashback of 22.5% of up to ₹6,500. This offer is for a limited period and it will expire on the 30th of June 2023. So, if you are planning to buy a Lloyd Air Conditioner & Refrigerator then it is the best time for you to buy. Let’s check all the details of this interesting offer.

SBI Credit Card Lloyd Offer

• Enjoy a Cashback of 22.5% of up to ₹6,500 on Lloyd Products.
• You will have to do an EMI transaction in order to enjoy this offer.
• Offer is applicable on 6 months tenure & above only.
• You can choose the EMI for the various months like for 6 Months, 9 Months, and 12 Months.
• This offer is available for all SBI Credit Cards except Corporate Card, Paytm SBI Card and SBI Cashback Card during the Offer Period.

Terms and Conditions

• This offer is valid up to the 30th of June 2023.
• 5% rate of interest applicable on monthly reducing balance for 3 Month EMI transactions.
• 15% rate of interest applicable on monthly reducing balance for 6, 9 & 12 Month EMI transactions.
• 16% rate of interest applicable on monthly reducing balance for 18 and 24 Month EMI transactions.
• This offer is valid once per card per month during the offer period.
• This is an instant discount scheme, No cashback will be posted later.
• You cannot club this offer with any other offer on the Lloyd Product.
• This offer is non-transferable and non-negotiable.
• The Cashback will only be given to the cardholder only if it is mentioned on the charge slip.

How to Avail of this Offer?

• Visit the nearest participating store of Lloyd.
• Make an inquiry to the sales representative at the showroom about the offer.
• Select the Lloyd product that is having an offer.
• Use your SBI Credit Card for making the payment.
• Make sure that you make an EMI transaction and swipe your SBI Credit Card on the EDC machine.
• Instant Cashback will be credited to your account for the same date of transaction.

How Does this Offer Work?

If your transaction value of the Air Conditioner & Refrigerator models is ₹28,000 then you will get a flat Cashback of 22.5% that is ₹6,300. But if your transaction value is ₹35,000 then you will get a Cashback of ₹6,500 only and not 22.5% of ₹35,000 that is ₹7,875 because the offer clearly says that the maximum Cashback is of ₹6,500 only.

Conclusion

Now you can save some extra bucks once you know the SBI Credit Card offers on Lloyd. Make sure that you use your SBI Credit card for doing the EMI transaction and you have to choose minimum 6 or above EMI transactions for the offer. This offer period is for a limited time and it will expire on the 30th of June 2023. So, you can earn Cashback during the offer period only and use this offer before the expiry date.

Disclaimer: All the information related to offers are subjected to their official website. Check the offer and validity of the offer first on the current date before using them.