The Bajaj Finserv EMI Network Card gives you access to a pre-approved loan of up to Rs. 4 lakh, which you can use to purchase just about anything, from LED TVs, kitchen appliances to groceries and gym memberships via the Bajaj Finserv EMI Network. Simply step into a partner store like Big Bazaar, Shoppers Stop or Max Fashion or visit an e-commerce partner like Amazon or Flipkart and purchase items on No Cost EMI. You can activate and access the EMI Network Card using the Bajaj Finserv Wallet app.
Here's a look at some of the features and benefits of a Bajaj Finserv EMI Network Card:
The Bajaj Finserv EMI Network Card comes with a pre-approved loan of up to Rs.4 lakh that you can use across any of Bajaj Finserv’s 60,000+ partner stores in more than 1,300 cities.
Repaying for your product is easy with flexible tenors ranging from 3 – 24 months.
A one-time submission of some basic documents is all you need to purchase your products on EMI, existing EMI Network Card holders need not provide any document at the time of purchase.
You don’t have to worry about carrying your EMI Network Card everywhere, get easy access to it with your Bajaj Finserv Wallet app.
There will be no charges if you foreclose your loan after paying your first EMI.
Note: The Bajaj Finserv EMI Card is now called Bajaj Finserv EMI Network Card
The eligibility criteria to get an EMI Network Card is simple:
You should be between 21 to 60 years of age
You must have a regular source of income
To apply for a Bajaj Finserv EMI Network Card, you can opt of either online or offline steps. In order to apply online, you can:
Login to the customer portal- Experia
View the EMI offer details
Apply for the card
To get the Bajaj Finserv EMI Network Card offline, all you need to do is:
Visit nearby EMI Network partner store
Choose your favourite product to buy
Get assistance from the store representative and opt for in-store financing
Submit basic documents to set up your EMI Network Card
The Bajaj Finserv EMI Network Card is a payment system service that offers you a loan up to Rs. 4 lakh. You can use the Bajaj Finserv EMI Network Card to shop for your favourite products such as electronics, appliances, groceries, clothes, and 1 million+ other products.
You can pay only the cost of your product over a convenient tenor as your EMI amount and nothing more. When it comes to the interest rate on your purchase on EMI, you may or may not have to pay a nominal interest. This may depend on the product you purchase on the EMI Network.
Unfortunately, you cannot withdraw money from an ATM and other platforms with your Bajaj Finserv EMI Network Card.
You can apply for the EMI Network Card online and offline. Existing Bajaj Finserv customers can easily apply for an EMI Network Card through the customer portal - Experia.
The No Cost EMI facility from Bajaj Finserv helps you convert the price of your product into interest-free EMIs. So, if you buy TV of price Rs.60,000 on No Cost EMI for a tenor of 10 months, then you only pay an instalment of Rs.6,000 per month and nothing more. There are no additional or hidden charges involved.
The EMI Network Card loan limit depends on multiple factors such as your CIBIL Score, income level, and repayment capacity. Bajaj Finserv reviews their customers’ Bajaj Finserv EMI Network Card loan limit every quarter, you can increase your EMI Network Card limit by maintaining a good repayment history.
Using the Bajaj Finserv EMI Network Card you can purchase home appliances such as washing machine, AC, refrigerator, water purifier, air cooler, etc, and convert the price of your purchase into easy EMIs.
You can use the Bajaj Finserv EMI Network Card to purchase electronic appliances such as mobile phones, laptops, TVs, etc. on easy EMIs.
There’s no minimum amount to make a purchase using the Bajaj Finserv EMI Network Card. You can shop for your favourite products and convert the cost of your purchase into easy EMIs.