About EMI Network
The Bajaj Finserv EMI Network is a hub of over 1.2 lakh partner stores across 3,000+ cities. Our huge network lets you purchase the latest smartphones, televisions, washing machines, air conditioners, air coolers, furniture, lifecare services, groceries, clothes, accessories, and much more on No Cost EMIs.
You can shop for your favourite products on the EMI Network using the EMI Network Card with a card limit of up to Rs. 2 lakh. You can choose from a variety of products and avail of free home delivery.
With the EMI Network, you can enjoy a hassle-free shopping experience and a zero down payment facility on select products.
You can use our mobile app to make your transactions smoother. Download Now
You can shop online on the EMI Network with the Insta EMI Card. Follow these steps to shop on the Bajaj Mall
If you wish to buy a product at a store near you with the Insta EMI Card, here are the steps to follow:
On the Bajaj Finserv Bajaj Mall
- 1 Go to the Bajaj Mall and log in with your registered mobile number
- 2 Choose your product and a repayment tenor
- 3 Add your delivery address
- 4 Provide the OTP sent to your phone to complete the purchase
You could also shop for the latest products on No Cost EMIs at our partner e-commerce websites like Amazon, Flipkart, Samsung and more.
The EMI Network gives you the choice of getting the product of your choice on No Cost EMIs at a store near you or by shopping online from the comfort of your home.
Overall, the process remains the same in both options – Select the product of your choice, choose a convenient repayment tenor and get the product on No Cost EMIs.
How to shop at a store on the EMI Network
If you wish to buy a product at a store near you, here are the steps to follow:
At our partner stores
- 1 Visit a Bajaj Finserv partner store near you
- 2 Select a suitable repayment tenor
- 3 Provide your EMI Network Card details or opt for in-store financing
- 4 Share the OTP sent to your registered phone number
The EMI Network gives you the choice of getting the product of your choice on No Cost EMIs at a store near you or by shopping online from the comfort of your home.
Overall, the process remains the same – Select the product of your choice, choose a convenient repayment tenor and get the product on No Cost EMIs.
Features of the EMI Network
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Card limit of up to Rs. 2 lakh
From televisions and smartphones to furniture and groceries, buy products on No Cost EMIs across 1.2 lakh+ partner stores
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Repay easily
Repay the cost of your purchase at your convenience over a tenor of 3, 6, 9, 12, 18 or 24 months
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Minimal documentation
All you need are your KYC documents, a signed ECS mandate, and a cancelled cheque
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No Cost EMIs
The Bajaj Finserv EMI Network Card lets you buy everything you want on No Cost EMIs
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Pre-approved offers
As an existing customer, you get exclusive pre-approved offers from time to time across all our partners
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Minimal processing fees
Most of the products on the EMI Network have minimal or no processing fees. You pay the exact price of your product, divided into monthly EMIs
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Minimal down payment
Buy the latest products on No Cost EMIs with minimal or no down payment
To be eligible, you must fulfil some basic criteria like:
- Indian nationality
- 21 to 65 years of age
- Have a regular source of income
You would also require the below mentioned documents:
- Aadhaar card
- Cancelled cheque
- Signed ECS mandate
Fees and charges
Processing fees varies from products, schemes and dealers purchased on the EMI Network categories.
Type of fees |
Amount (Rs.)/ Percentage (%) and Description |
Processing fee and upfront interest |
Up to Rs. 5,000 (inclusive of applicable taxes) collected upfront |
Bounce charge |
In case of default of repayment instrument, Rs. 500 per bounce will be levied. |
Penal interest |
Any delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the date of default until the receipt of monthly instalment. |
Mandate registration charge |
Rs. 118 (inclusive of applicable taxes) if applicable.
|
Mandate rejection charge |
Rs. 450 per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered. |
Loan enhancement fee |
Rs. 117 (inclusive of applicable taxes) for temporary increase in EMI card limit for the loan transaction. Same will be charged only for increase in limit in excess of Rs. 999/- to be collected along with the first instalment. |
Convenience fee |
Rs. 117 (inclusive of applicable taxes) will be collected along with the first instalment. |
Transaction fee** |
Rs. 147 (inclusive of applicable taxes) will be collected along with the first instalment. **"Transaction fees" refers to sum payable by customer (i) who does not hold valid EMI card; (ii) to whom the loan is facilitated; and (iii) at the time of making payment of first EMI/ upfront payment as part of loan transaction |
Credit Suraksha fee |
Rs. 117 (inclusive of applicable taxes) if applicable |
Full prepayment |
NIL |
Part-prepayment |
NIL |
Note: Additional cess will be applicable on all charges in accordance with the state specific laws.
*The processing fee may vary at the time of purchase.
Fee amount subject to change.
Frequently asked questions
The Bajaj Finserv EMI Network is the way to pay for your favourite electronics, appliances, TVs, laptops, smartphones, furniture, groceries, accessories, clothes and much more. You can divide the cost of your purchase into No Cost EMIs.
You can shop for 1.2 million+ products on the Bajaj Finserv EMI Network. The categories include electronics, large and small appliances, gadgets, clothes, accessories, eyewear, footwear, watches, international and domestic flight tickets, hotel stays, holiday packages, education and even groceries. Visit the store locator to find your nearest Bajaj Finserv partner store.
To get the card offline, visit any of the Bajaj Finserv partner stores, submit KYC documents with a cancelled cheque and a signed ECS mandate at the time of your first purchase.
Yes, there are 1,000+ offers available on various products on the Bajaj Finserv EMI Network. You can view these offers on our website, the Bajaj Finserv Wallet app or visit any of our 1.2 lakh+ partner stores and ask the in-store representative for these offers. The offers will also be communicated to you via our promotional e-mails or SMS from time to time.
To shop on the EMI Network, you will need to submit your government-issued photo ID proof and residence proof, one cancelled cheque, one passport size photograph and a signed ECS mandate.
The Bajaj Finserv EMI Network Card lets you shop for your favourite electronic items and appliances, gadgets, clothes, accessories, eyewear, footwear, watches, groceries, book flight tickets, holiday packages, pay for coaching classes and more.
A processing fee may be charged and depends on many factors such as the category of the product you wish to buy, the store you buy it from and the EMI schemes available on the product at the time. There are no hidden charges whatsoever.
You can use this card across any Bajaj Finserv partner outlet to shop for 1.2 million+ products in more than 4,000 cities in India.
You can apply for a Bajaj Finserv EMI Network Card by clicking here. You can also apply for a Bajaj Finserv EMI Network Card at the time of your first purchase at any of our partner stores by submitting some basic documents.
The EMI Network Card eligibility criteria are as follows:
- You must be between 21 years and 65 years of age
- You must have a regular source of income
