Purchase Anything on Emi From Bajaj EMI Card

EMI Card

Have you ever tried to secure a personal loan to buy a high-priced device or appliance but failed due to lengthy documentation, procedures, or the exorbitant interest rate levied on the loan? Or buying an expensive appliance with your credit card and got burdened by the high-interest rate and low credit limit? Is your credit limit preventing you from purchasing large-ticket items? Or are you unable to make these purchases because of the interest levied on credit cards?

As we live in a consumerist society, and more of a capitalist society. From groceries to cell phones to automobiles and homes, we must have the best and most up-to-date products available. As a result, the requirement for credit arises. However, certain types of credit come with a lot of strings attached, such as a minimum income requirement, cumbersome documentation or procedures, burdensome interest charges, and so on, deterring people from using credit when they need it.

Why choose Bajaj Finserv EMI card for shopping?

The Bajaj Finserv EMI Card is a payment mechanism with a pre-approved loan amount ranging from Rs 30,000 to Rs 3,00,000. The loan amount is determined by your credit score. The card may be used to make purchases up to Rs 4 lakh. And the greatest part is that you can pay for them over a number of EMIs that you choose. Ranging from 3, 6, 9, 12, 18, or 24 months.

Once you have the card, you may use it to buy anything from groceries to furniture to televisions, and you can pay for it in EMIs. Except for a minor processing cost that is revealed upfront, there are no hidden fees on the card. The processing fees vary depending on the type of purchase. For example, processing fees for items such as refrigerators, microwaves, and air conditioners are Rs 549 plus taxes, but flight tickets and vacation packages are Rs 479. The processing cost for men’s and women’s fashion purchases up to Rs 9999 is Rs 49+GST.

Except for a few product categories that require a down payment, such as gym memberships and trip bookings, the majority of products can be purchased with an EMI Network card without a down payment. Some products may just demand a little amount of money as a down payment.

No Hidden Fees

The consumer will be responsible for the amount utilized to finance a specific product through EMIs. The annualized rate of interest paid by the product makers is based on risk and risk premium, cost of capital, margins set on specific items, and so on. There are no hidden fees of any kind. After six months, the consumer can choose to foreclose on the loan at any time without incurring any fees. The EMI Network Card can be used to make purchases practically anywhere. The card comes with a cooperation network of over 60000 stores distributed across the country, including over 1300 cities/towns.

A number of online stores, including Pepperfry, Flipkart, Paytm Mall, Amazon, MakeMyTrip, Yatra, and others, are among their partner stores where you may buy anything that can be paid off in easy EMIs. Apart from other websites such as Amazon, where you can use your EMI Network Card, their website offers an Online Store where you can buy a variety of devices, electronics, and electricals, among other things. People can even have the merchandise delivered to their homes the same day for no additional charge. You might also use an EMI card to make a down payment on delivery.

You can shop at offline outlets by swiping your EMI card and at online sites with your digital card.

For shopping offline,

  • You just need to walk into the partner outlet with your EMI card.
  • Select your item and make your purchase
  • Swipe your card and convert the cost into east no-cost EMIs

You can also make your purchase online without a physical card.

  • Select your order on the shopping website
  • Proceed to payment gateway
  • Select an EMI card as a payment alternative
  • Choose from the EMI tenure and that’s all. You have paid for your item with your pre-approved loan.

EMI repayment can be accomplished in a variety of ways. It might be done via their website and the Bajaj Finserv app. You can easily keep track of your EMI card limit and pay your EMIs with the app.