When it comes to buying items at affordable No Cost EMIs, there are very few alternatives to the Bajaj Finserv EMI Network Card. The EMI Network Card is easy to apply for and comes with a ton of benefits. That said, here are a few things one should remember before applying for the Bajaj Finserv EMI Network Card.

Pay for your favourite products on EMIs

One of the biggest advantages of owning the Bajaj Finserv EMI Network Card is the ability to pay for your favourite products on EMIs. You can buy gadgets, appliances, mattresses, groceries and even gym memberships using the EMI Network Card. 

Flexible tenors

The hassles of paying exorbitant EMI amounts can often be the reason for people not enjoying the experience with their new product. However, with the Bajaj Finserv EMI Network Card, you can repay the amount in flexible tenors between 3 and 24 months. You can opt for a repayment period that is convenient for you.

Pre-approved loan of up to Rs. 4 lakh

Apply for EMI Card that comes with a pre-approved limit of up to Rs. 4 lakh. The pre-approved limit is decided based on a number of factors. You can check your pre-approved offer by visiting the official Bajaj Finserv website and by entering a few basic details required to assess your application. This pre-approved loan can be used to buy any product you wish to purchase.

Necessary documentation

The Bajaj Finserv EMI Network Card requires minimal documentation during the application process. All you need to submit is a copy of your PAN Card, proof of your residential address, a cancelled cheque and a signed ECS mandate. The proof of your address can be your Aadhaar card, Voter ID card, passport or similar documents.

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Shop online as well as offline

You can use the Bajaj Finserv EMI Network Card to buy products online from the Bajaj Finserv EMI Store. The EMI Store is India’s first-ever platform that allows you to buy products exclusively on EMIs. It hosts over 1 million products from reputed global brands. You can use the EMI Network Card to shop for your desired gadgets, appliances and more on the EMI Store. Other than the advantage of buying products on easy EMIs, you can also avail other benefits like doorstep demo and home delivery. Furthermore, the Bajaj Finserv EMI Network Cardholders are also eligible for special discounts and cashbacks. You can track your exclusive offers on the EMI Store or the mobile app.

You can also use the EMI Network Card to shop online from e-commerce partner stores such as MakeMyTrip, Amazon and Flipkart. Alternatively, you can use the Bajaj Finserv EMI Network Card to shop for your cherished products offline. The EMI Network Card can be used at Bajaj Finserv partner stores across the country. You can use it at stores like Croma and Reliance Digital. The ‘Store Locator’ on the Bajaj Finserv website is a great feature to track your nearest Bajaj Finserv partner store. 

Eligibility criteria

There are two primary eligibility criteria that you need to fulfil in order to be eligible for the Bajaj Finserv EMI Network Card. First, you have to be between the ages of 21 and 60. Secondly, you must have a reliable and stable source of income. You should also be able to show proof of your income. Your proof of income can be your IT returns for the previous financial year, salary slip, recent bank statement or even a Chartered Accountant’s Certificate. 

Easy application 

The application process for the Bajaj Finserv EMI Network Card is extremely easy and hassle-free. All you need to do is visit the nearest Bajaj Finserv partner store. You can use the ‘Store Locator’ feature to find your nearest partner store. Once you reach the store, you can choose a product that you want to buy on EMIs. You can then opt for in-store financing. A store representative will guide you through the process. Finally, you will need to submit the required documents to get access to the Bajaj Finserv EMI Network Card.

Alternatively, you can apply online in a few simple steps and get your hands on the Bajaj Finserv Insta EMI Card.

Access the card anytime

Once your application is approved, the Bajaj Finserv EMI Network Card is immediately activated. You can access the card from any part of the country through the Bajaj Finserv Wallet App. The app shows you details about your ongoing EMIs and lets you know about offers that are exclusive to you. You can make all sorts of payments (regular EMIs, foreclosure payments etc.) using the app.

No foreclosure charges

Loan foreclosure refers to the full payment of the entire loan amount before the end of the loan term. Usually, foreclosures of loans are accompanied by a foreclosure charge. However, Bajaj Finserv does not demand any foreclosure charge if you close your loan after six months from the disbursement date.