The Bajaj Finserv Insta EMI Card is a digital card you can use to make online and offline payments for your purchases. This card has many benefits that make purchases easier, quicker, and, most importantly, more affordable.
With a pre-approved limit going up to ₹2 Lakhs, you can purchase products and services across a wide range of categories. These include appliances, gadgets, lifestyle products and other products.
One of the main benefits of the Bajaj Finserv Insta EMI Card is that it offers the option of availing No Cost EMIs. To know more about the benefits of the EMI card and how it works, read on.
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How Does the Bajaj Finserv Insta EMI Card Work?
With the Bajaj Finserv Insta EMI Card, you can complete purchases without paying the entire amount upfront. To understand how the card works, consider the following example.
Consider that you want to buy a new smartphone that costs ₹15,000. When shopping online, the first step is to visit the partner website or e-commerce portal that accepts the EMI card.
Post that, select the smartphone you want to buy. Then, pay by choosing the EMI option. Select the Bajaj Finserv Insta EMI Card from the list of options and choose the repayment tenure. Lastly, confirm your card details before making the payment.
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For offline shopping, you need to visit a partner store and select the smartphone you want. Select a convenient tenure and enter the card details. Finally, purchase it on No Cost EMIs by sharing the OTP sent to your number.
Under this, your interest amount is nil, and you only pay the actual cost. The Bajaj Finserv Insta EMI Card also offers the benefit of zero down payment. Additionally, the repayment process is flexible, and you can manage it online through the app or website.
Benefits of the Bajaj Finserv Insta EMI Card
Now that you know the EMI card works, here’s a run-down on the top benefits of the Bajaj Finserv Insta EMI Card that you can enjoy:
Easy Application and Instant Approval: The Bajaj Finserv Insta EMI Card application process is simple and quick. You can visit the website or buy something at a partner store to complete the application in just a few minutes with minimal documentation.
Paperless Application: Unlike other financing options, this EMI card does not require any documentation. This means you can avoid the hassle of submitting paperwork and get quick access to your credit limit.
High Credit Limit: The Bajaj Finserv Insta EMI Card offers a credit limit up to ₹2 Lakhs. This limit can help you make purchases without worrying about running out of credit.
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Zero Down Payment and No Cost EMI: With select products you can use this card to pay the entire cost in EMIs at zero interest. This makes it a convenient option to buy what you want without dipping into your savings for a hefty one-time payment.
Convenient Repayment Tenure: The EMI card offers repayment tenure that goes up to 24 months. This way, you can choose a tenure that suits your budget and ensure that you pay your dues with no added burden.
Easy Repayment Options: The repayment process for the EMI card is simple and hassle-free. You can pay through the customer portal, mobile app, or auto-debit.
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Additional Discounts: Some merchants even offer additional discounts when you choose to pay with the Bajaj Finserv Insta EMI Card. This, coupled with the no downpayment and no-cost EMI, makes your experience a lot more affordable and rewarding.
How to Apply for the Bajaj Finserv Insta EMI Card
The application process for this EMI card is easy, and you can choose either the online or the offline option. Here is a guide on how to apply for the card:
Step 1: Visit the official Bajaj Markets website
Step 2: Navigate to ‘Card’ and then the EMI Card page
Step 3: Click on the ‘Apply Now’ option
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Step 4: Fill in your details and submit the form
Step 5: Enter the OTP to validate the transaction
Step 6: Review your approved EMI Card offer
Step 7: Enter the required details to complete the KYC verification process
Step 8: Pay the joining fee and authorise the e-mandate
For the offline process, you can visit any partner store and choose a product eligible for EMI financing through the card. Talk to the representative, and they will guide you through the process. Make sure you carry essential KYC documents to complete the process.
It is important to note that the application process is paperless, even through the partner store. Moreover, since the card comes with instantaneous approval and activation, you can instantly buy what you want.
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Now that you know all about the benefits of the Bajaj Finserv Insta EMI Card, shop for your favourite products affordably. These features and benefits with a pre-approved limit make the card convenient for managing your finances without compromising your purchases.
All in all, the Bajaj Finserv Insta EMI Card can help you purchase without breaking the bank. However, remember to use the card responsibly and watch your budget to avoid falling into a debt trap.
