In the current digital era, consumers are inundated with a wide range of goods and services that simplify and make daily life more convenient. Almost every month, new products enter the market for consumer goods, and thanks to innovative methods like EMI cards, people are able to purchase their favourite items.

Given that credit cards have been around for a very long time, you might be asking why there is such a big deal about EMI cards. A credit card has limitations, but an EMI card, like the Bajaj Finserv EMI network card, is a unique digital payment mechanism that has advantages over credit cards. It thus lowers the cost of your purchases. Let’s find out more about the EMI card.

What Are The Features And Benefits Of Using The Bajaj Finserv EMI Network Card?

The Bajaj Finserv EMI network card is a low-cost and smart way to purchase the items you need without having to disrupt your budget. With the EMI network card, you can enjoy pre-approved loans, no-cost EMI, and an easy repayment tenure that allows you to repay conveniently at any time. Let’s look at the several benefits and features the Bajaj Finserv EMI card has to offer.

  • Pre-Approved Loans
    The Bajaj Finserv EMI network card provides a ₹4 lakhs pre-approved loan, while the Bajaj Finserv Insta EMI card provides up to ₹2 lakhs of pre-approved loan.
  • Easy and Flexible Repayment Term
    You can select a repayment term that starts from 3 months and go up to 24 months.
  • Minimal Documentation and Easy Approval
    The EMI network card requires minimal documentation, while the Bajaj Finserv Insta EMI Card requires none.
  • Less Processing Fees
    The majority of EMI network products have negligible or zero processing fees.
  • No-Cost EMI
    With the Bajaj Finserv EMI network card, no-cost EMI allows you to save more.
  • Less Down Payment
    Purchase goods on EMI with little to no down payment.
  • Pre-Approved Offers
    Take advantage of offers that have already been approved at partner stores like Flipkart, Amazon and more!
  • Zero Foreclosure Charges
    You can pre-close your loan at any time without incurring any fees for foreclosure, thanks to the EMI network card.
  • Wide Network of EMI
    The EMI Network consists of 1.2 lakh partner outlets scattered throughout 2,900+ locations in addition to online retailers. There are more than 1.2 million options available to you.

How Can I Apply For a Bajaj Finserv EMI Card?

As a customer, you are free to apply for Bajaj Finance card  via both online and offline mode. Let’s look at how to apply for an EMI card online.

  1. Go to the website of Bajaj Markets and navigate to the ‘Apply Now.’
  2. To determine your eligibility, fill in the required fields such as your occupation, registered mobile number, date of birth and name.
  3. To confirm the pre-approved offer for a Bajaj Finserv EMI card, click the “Check Your Offer” button.
  4. Next, an OTP will arrive on your registered mobile number for verification
  5. Once it’s done, you will have to fill up the details like your name, gender, PAN Card number, etc. and click on ‘Proceed’ to check their credit limit
  6. Next, click on the ‘Proceed’ button again to go to the KYC screen and then complete this step with OKYC or CKYC
  7. For activating the card, make the application payment now
  8. Then, for the e-mandate process to be completed, provide your bank information and OTP that comes on your registered mobile number
  9. Click on ‘Submit’ to complete the process, and you can start using the card.

What Is The Eligibility Criteria for the Bajaj Finserv EMI Card?

The following eligibility criteria must be met in order to qualify for a EMI card–

  • You must be between the ages of 21 and 60 to be eligible for a Bajaj Finserv EMI network card.
  • The age requirement for an Insta EMI card is 23 to 65 years
  • You must have a consistent and reliable income
  • You must be a citizen of India.

To Wrap It Up!

With the EMI Card, you can shop on websites such as Bajaj MARKETS, Amazon, Flipkart, Samsung, Goibibo, and others. You can use your card to get instant approval at a variety of offline stores based on the pre-approved amount you have in your e-wallet. No-cost EMI is extremely useful when you are shopping on a tight budget and cannot afford outright purchases. The Bajaj Finserv EMI card also comes to be of great assistance in times of emergency.

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