Buy luxury products on No Cost EMIs using the Insta EMI Card

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Buy luxury products on No Cost EMIs using the Insta EMI Card
3 mins
22 June 2023

Owning luxury products can pinch your pocket. Well, here is some good news: buying luxury products on EMI (Equated Monthly Installments) can make your dreams a reality. With the option to spread the cost over a period of time, EMI offers an affordable way to indulge in the world of luxury. From designer furniture to premium electronics, smart wearables to luxurious home decor, dream of everything that you ever wished for. Take advantage of the Bajaj Finserv Insta EMI Card and buy yourself the finer things in life without compromising your budget or financial stability.

All about the unique Insta EMI Card

The Bajaj Finserv Insta EMI Card is a payment card that allows you to shop for 1 million+ products from 1.5 lakh+ partner stores. You can shop for all the luxury items using this digital card which provides a pre-approved limit of up to Rs. 3 lakh. What sets it apart from traditional credit cards is that you do not need a credit card to avail of its benefits. This means you can still enjoy the perks of shopping on EMI without paying any hefty interest on EMIs.

Buy products on EMIs in any city

Using the digital card, you can shop at retail stores like Croma, Vijay Sales, Reliance Digital, Home Centre, Sargam Electronics and many local stores in your city. The Bajaj Finserv EMI Network is huge and literally in every significant and small city. It has more than 1.5 lakh+ partner stores across 4,000+ cities. Across all these online and offline stores, you could access top luxury brands and fulfil your desires without worrying much about the cost.

Buy items on EMIs on leading e-commerce platforms

If you like shopping online, use the Insta EMI Card for your purchases on leading e-commerce sites like Amazon, Flipkart, and Bajaj Mall among others, and enjoy the same benefits of No Cost EMI and the exclusive offers. Similar to offline shopping, you can choose a flexible repayment tenure of 1 to 60 months and repay in affordable EMIs.

Eligibility criteria for getting Insta EMI Card for luxury shopping

Eligibility for obtaining the Bajaj Finserv Insta EMI Card is very simple. Here are the following parameters that you need to meet, to be eligible to get the Insta EMI Card.

  • You should be an Indian citizen
  • You must be between 21 years to 65 years
  • You must have a regular source of income
  • Your credit score should be 720 or higher

You also need the following documents handy, during the application process.

  • PAN card
  • Aadhaar card number for KYC confirmation
  • Address proof
  • Bank account number and IFSC code for e-mandate registration

Meeting these criteria facilitates a smooth application process for the Insta EMI Card.

Check Document Required for Insta EMI Card

Here is how you can get the Insta EMI Card

Step 1: Enter your 10-digit mobile number and verify the OTP sent to your phone

Step 2: Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code

Step 3: Select your employment type and gender

Step 4: Click on submit to know your card limit

Step 5: Verify your KYC using your Aadhaar card or DigiLocker

Step 6: Post successful KYC, pay a one-time joining fee of Rs. 599/-

Step 7: Click on ‘Activate Now’ and enter your bank account number and IFSC code to complete the e-mandate process

Step 8: After successful e-mandate registration, your card is ready to use

Note: The online process may differ depending on whether you are a new customer or have an existing relationship with us.

Owning luxury products and indulging in a lavish lifestyle is no longer limited to a privileged few. With the Bajaj Finserv Insta EMI Card, you can fulfill your desires and enjoy interest-free EMIs without the need for a credit card. The convenient application process and a wide network of partner merchants make it easier than ever to afford luxury. 

Frequently asked questions

How can I check my Bajaj Finserv Insta EMI Card balance?

You can easily check your Insta EMI Card balance online by signing-in to “My Account” our customer portal on our website.

  • Sign-in with just your mobile number and one-time password
  • Select your card from the ‘My Relations’ section
  • Find your card details like status, EMIs validity, total and available limit of your Insta EMI Card
How can I shop on No Cost EMIs from Amazon?

Amazon is one of the trusted partners within the Bajaj Finserv EMI Network. So, the Insta EMI Card offer products on No Cost EMIs when you shop on Amazon. You do not need any other credit card in this case.

Steps to shop on No Cost EMIs from Amazon without a credit card:

  1. Visit the Amazon website, browse, and select the product you want to buy
  2. Check the product if it is under No Cost EMI scheme. In 99% cases, it will be available under the scheme
  3. Add the product to your cart and proceed to check out
  4. On the payment page, opt for the Bajaj Finserv Insta EMI Card as your preferred payment method
  5. Choose a suitable repayment tenure
  6. Provide your card details and the OTP sent to your registered mobile number and complete your purchase

Apply for the Insta EMI Card

Is it better to buy luxury products with no cost EMI?

Buying luxury products with a No Cost EMI option can be a smart choice, as it allows you to spread the cost over manageable installments without incurring additional interest charges. This makes luxury shopping more affordable and accessible, ensuring you can indulge in premium products while maintaining financial stability.

What are the benefits of using an Insta EMI Card for luxury shopping?

The Insta EMI Card offers several benefits for luxury shopping, including interest-free EMIs, flexible repayment options, and access to exclusive deals and discounts. It provides a seamless and convenient way to purchase high-end luxury products without the need for a lump sum payment, making it an ideal financial tool for those looking to elevate their lifestyle.

Can I use the Insta EMI Card for all luxury products?

Yes, the Insta EMI Card can be used for a wide range of luxury products, including designer apparel, high-end gadgets, luxury watches, and more. It is accepted at a vast network of partner stores, both online and offline, giving you the freedom to choose from a diverse selection of luxury items.

What is the credit limit offered on the Insta EMI Card for luxury purchases?

The credit limit offered on the Insta EMI Card for luxury purchases may vary depending on the applicant's eligibility and creditworthiness. Bajaj Finserv assesses various factors while determining the credit limit, including income, credit score, and repayment history. The credit limit is designed to match your financial capacity, ensuring you can make luxury purchases responsibly. The Insta EMI Card offers a preapproved limit of up to 3 lakh.

Can I avail of interest-free EMIs on luxury products with the Insta EMI Card? 

Yes, with the Insta EMI Card, you can avail of interest-free EMIs on luxury products. This feature allows you to buy premium goods without any additional interest charges. By converting the cost of luxury items into easy EMIs, you can fulfil your desires while managing your finances effectively, making luxury shopping a financially better choice.

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