Shop With No Cost EMI Benefit: Get the Bajaj Finserv Insta EMI Card

The Bajaj Finserv Insta EMI Card allows you to make no cost EMI purchases at leading online and offline partner stores. Now, you may be wondering – what is a No Cost EMI, and how is it different from a regular EMI?

First, let’s understand what an EMI is. An Equated Monthly Instalment (EMI) is a financing facility that’s offered by many banks, retailers, and financial institutions.

Normally, when you make a purchase, you pay the entire amount upfront and take the product home. When you purchase something on no cost EMI, your total payable amount is divided into equal instalments that you will have to repay on a monthly basis.

No Cost EMI

However, there’s one small catch. Since an EMI is technically a loan, you will have to pay interest on it. This can drive up your total repayment liability by quite a lot. So, if possible, it’s best to avoid EMI payments that incur interest.

A no cost EMI, on the other hand, is an interest-free EMI facility. This means that there will be no interest charged on your borrowing. This way, you can conveniently split your total payment into easy EMIs and pay no interest on it.

No cost EMIs have become extremely popular these days as they’re an easy and convenient financing option. If you are looking to make some new purchases on no cost EMI this shopping season, then the Bajaj Finserv EMI Network Card is a must-have!

Here are some of its key features:

  • Pre-approved loan amount of up to ₹2 Lakhs
  • 100% digital application process
  • Over 1.5 lakh online and retail partner store across 4,000+ cities
  • Convenient access through Bajaj Finserv Wallet App
  • Zero foreclosure charges

Check out some reasons why the Bajaj Finserv Insta EMI Card is the perfect companion for all your shopping needs: 

  • High Loan Amount 

The Bajaj Finserv Insta EMI Card offers you a pre-approved loan amount of up to ₹2 Lakhs. Additionally, you can browse and shop from over a million products on no cost EMIs. You can use this loan amount to buy a single or multiple products over a period of time from your favourite online and offline stores.

  •  Expansive Network 

The Bajaj Finserv Insta EMI Card can be used at any partner store across the country to buy a wide range of products, from groceries to luxury goods. For some context, the card can be used at over 1.5 lakh stores, including leading brands like Croma, Big Bazaar, and Amazon.

  • Quick and Easy Application 

Applying for the Bajaj Finserv Insta EMI Card is easy and can be done entirely online, saving you the hassle of going to a physical store. You can apply for this card on Bajaj Finserv or through their partners’ apps or websites.

The application process requires only a few essential documents, and takes no time at all. Most applicants also enjoy instant approval and activation. This means that you could begin using your Bajaj Finserv Insta EMI Card almost instantly.

  • Zero Foreclosure Charges 

Once you have availed the loan facility, there’s an option to easily pre-close the same. Here, borrowers are not required to pay any foreclosure charges. All you’ll need to do is simply pay any outstanding dues and the loan will be foreclosed.

  • Financial Management 

There are a number of ways in which a Bajaj Finserv Insta EMI Card can help you manage your finances effectively. Firstly, your EMIs are pre-determined, so you know exactly how much you need to set aside for your EMI payments. Secondly, the card can be a lifesaver in case you need to make an urgent purchase.

Without this card, you’ll likely have to dip into your savings or take a high-interest loan which could derail your finances. With the Bajaj Finserv Insta EMI Card, you can make a purchase, pay minimal to zero down payment, and convert the rest into no cost EMIs.

  • Convenient Repayment Plans 

When you buy something using your Bajaj Finserv Insta EMI Card, your purchases are converted into EMIs and you can choose your preferred repayment tenor. Since this is a no cost EMI, you won’t have to worry about interest charges. Bajaj Finserv offers repayment tenor options ranging from 3 to 24 months.

  • Additional Discounts 

Bajaj Finserv has joined hands with leading brands in the country to offer its customers a smooth and seamless shopping experience. Thanks to strategic partnerships, cardholders can access some exclusive offers and cashback which makes for an even more delightful shopping experience.

Now, you may be wondering – how to apply for the Bajaj Finserv Insta EMI Card? Well, it’s quite simple and can be done from the comfort of your home. You can apply for this card on Bajaj Finserv or its partners’ app or website.

All you’ll need to do is meet the basic eligibility criteria, furnish some documents, and pay the application fee. And that’s it, your card will likely be activated instantly, so you can start shopping right away.

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