Bajaj Finserv Wallet

Features & Benefits

Offering a host of benefits, the Bajaj Finserv Wallet app isn’t just a smart way to pay, but also a digital EMI Network Card. Here, you get all the functions of a wallet, like instant bill payments, ticket bookings, deals and offers, along with the ability to access your EMI Network Card digitally, and pay for all your purchases with interest-free EMIs.

  • Insta Credit

    Our exclusive Insta Credit feature enables EMI Network Card customers to transfer an amount of Rs. 5,000 from their EMI Network Card to their Wallet. This amount can then be used to transact at over 1 million online and offline MobiKwik merchant stores, for any purchase done in single or multiple transactions amounting to Rs. 5,000.

  • Digital EMI Network Card

    Access your EMI Network Card digitally, by tracking your loan-related details online, and transacting securely with interest-free EMIs on the purchase for your favourite products like AC, TV, fridge, smartphone, washing machine, laptop, air cooler and much more.

  • One-stop payment destination

    The Wallet app is accepted at over 2 million stores across the Mobikwik merchant network. So, you can pay your bills, book tickets, and collect payments easily and seamlessly, at the touch of a button.

  • Debit and credit facility

    The Bajaj Finserv Wallet can be used as a debit and credit facility wallet, adding to your convenience.

  • Single-window view

    Get a full view of your card details as well as previous transactions, all in one window.

  • Exclusive offers

    Bajaj Finserv customers can get exclusive deals and offers along with the details of partner stores near them.

  • Increased security

    Get added security against fraud if your physical EMI Network Card is stolen, along with easy ways to block or unblock your card.

  • Customised services

    Get access to dealers and store outlets, and a robust search engine for products and brands tailored to your location and preferences.

Fees & charges for Wallet (Insta credit)

Foreclosure charges (Only after 1st EMI payment) 2% on outstanding loan amount as on date plus the applicable taxes.
DOCUMENT/STATEMENT CHARGES Statement of Account/ Repayment Schedule/Foreclosure Letter/No Dues Certificate/Interest Certificate/List of documents. Download your e-statements/letters/certificates at no extra cost by logging into customer portal – Experia. You can get a physical copy of your statements/letters/certificates/list of documents from any of our branches at a charge of Rs. 50 (inclusive of applicable taxes) per statement/letter/certificate.
Bounce charges of the repayment instrument(s) In case of default because of the repayment instrument(s) being dishonoured, a charge of Rs.450 (including taxes) will be debited from your account per month/per default.
Rate of Interest Insta credit of Rs.5000 - 28% p.a
Insta credit of Rs.7000 - 19% p.a
Insta credit of Rs.10000- 13% p.a
Penal interest Any delay in payment of Monthly Instalment/EMI shall attract penal interest at the rate of 4% per month on the Monthly Instalment/EMI outstanding, from the date of default until the receipt of Monthly Instalment/EMI.  Recently updated

“Note: Additional cess will be applicable on all charges in state of Kerala.“

How To Apply

To access your digital EMI Network Card on the Bajaj Finserv Wallet app, you need to follow these simple steps:

Step 1

Download the Bajaj Finserv Wallet app, from the Google Play Store or Apple App Store.

Step 2

Install the app and enter your mobile number that’s registered with Bajaj Finserv.

Step 3

Enter the One-time Password (OTP) sent to your mobile number.

Step 4

Click the 'Know More' button post OTP verification

Step 5

Enter your date of birth, as registered with Bajaj Finserv.


Once you complete these steps, you will be able to access your digital EMI Network Card, and transact securely and quickly.