diff --git a/datacenterlight/views.py b/datacenterlight/views.py
index 6f7da18e..af6627ec 100644
--- a/datacenterlight/views.py
+++ b/datacenterlight/views.py
@@ -437,7 +437,9 @@ class PaymentOrderView(FormView):
                             'description'
                         ),
                         "product_id": product.id,
-                        "product_slug": product.product_slug
+                        "product_slug": product.product_slug,
+                        "recurring_interval":
+                            product.product_subscription_interval
                     }
                     request.session["generic_payment_details"] = (
                         gp_details
@@ -756,6 +758,7 @@ class OrderConfirmationView(DetailView, FormView):
 
         if ('generic_payment_type' not in request.session or
                 (request.session['generic_payment_details']['recurring'])):
+            recurring_interval = 'month'
             if 'generic_payment_details' in request.session:
                 amount_to_be_charged = (
                     round(
@@ -768,6 +771,10 @@ class OrderConfirmationView(DetailView, FormView):
                     amount_to_be_charged
                 )
                 stripe_plan_id = plan_name
+                recurring_interval = request.session['generic_payment_details']['recurring_interval']
+                if recurring_interval == "year":
+                    plan_name = "{}-yearly".format(plan_name)
+                    stripe_plan_id = plan_name
             else:
                 template = request.session.get('template')
                 specs = request.session.get('specs')
@@ -794,7 +801,9 @@ class OrderConfirmationView(DetailView, FormView):
             stripe_plan = stripe_utils.get_or_create_stripe_plan(
                 amount=amount_to_be_charged,
                 name=plan_name,
-                stripe_plan_id=stripe_plan_id)
+                stripe_plan_id=stripe_plan_id,
+                interval=recurring_interval
+            )
             subscription_result = stripe_utils.subscribe_customer_to_plan(
                 stripe_api_cus_id,
                 [{"plan": stripe_plan.get(
diff --git a/utils/stripe_utils.py b/utils/stripe_utils.py
index 4334d6cf..e2bdb983 100644
--- a/utils/stripe_utils.py
+++ b/utils/stripe_utils.py
@@ -226,7 +226,8 @@ class StripeUtils(object):
         return charge
 
     @handleStripeError
-    def get_or_create_stripe_plan(self, amount, name, stripe_plan_id):
+    def get_or_create_stripe_plan(self, amount, name, stripe_plan_id,
+                                  interval=""):
         """
         This function checks if a StripePlan with the given
         stripe_plan_id already exists. If it exists then the function
@@ -238,6 +239,10 @@ class StripeUtils(object):
         :param stripe_plan_id: The id of the Stripe plan to be
                created. Use get_stripe_plan_id_string function to
                obtain the name of the plan to be created
+        :param interval: str representing the interval of the Plan
+               Specifies billing frequency. Either day, week, month or year.
+               Ref: https://stripe.com/docs/api/plans/create#create_plan-interval
+               The default is month
         :return: The StripePlan object if it exists else creates a
                Plan object in Stripe and a local StripePlan and
                returns it. Returns None in case of Stripe error
@@ -245,6 +250,7 @@ class StripeUtils(object):
         _amount = float(amount)
         amount = int(_amount * 100)  # stripe amount unit, in cents
         stripe_plan_db_obj = None
+        plan_interval = interval if interval is not "" else self.INTERVAL
         try:
             stripe_plan_db_obj = StripePlan.objects.get(
                 stripe_plan_id=stripe_plan_id)
@@ -252,7 +258,7 @@ class StripeUtils(object):
             try:
                 self.stripe.Plan.create(
                     amount=amount,
-                    interval=self.INTERVAL,
+                    interval=plan_interval,
                     name=name,
                     currency=self.CURRENCY,
                     id=stripe_plan_id)