Explanation/Reference:
Explanation:
Step to configure Frame Relay subinterfaces on a physical interface:
1. Remove any network layer address (IP) assigned to the physical interface. If the physical interface has an address, frames are not received by the local subinterfaces.
2. Configure Frame Relay encapsulation on the physical interface using the encapsulation frame-relay command.
3. For each of the defined PVCs, create a logical subinterface. Specify the port number, followed by a period (.) and the subinterface number. To make troubleshooting easier, it is suggested that the subinterface number matches the DLCI number.
4. Configure an IP address for the interface and set the bandwidth.
5. Configure the local DLCI on the subinterface using the frame-relay interface-dlci command.
Configuration Example:

Reference:
http://www.orbit-computer-solutions.com/How-To-Configure-Frame-Relay-Subinterfaces.php