Extended warranty is a prolonged warranty on your Consumer Durable purchase, covering the cost of repair/replacement in case of any abrupt damage within a stipulated time.

A few points to note are:

  • The Policy Period, defined as 12 months commencing after expiry of manufacturer’s product warranty period.
  • Sum Insured of the insured asset is equal to the invoice price. Maximum claim payment under the policy is equal to the Sum Insured.
  • Repair services are to be performed at authorized service centers only, mentioned under the Service Centers section.

Products Covered

List of products covered under the Extended Warranty program are:

Colour television (CTV, LCD, LED)

Music system



Washing machine

Water purifier

Air conditioner

Vacuum cleaner


Dish washer

Microwave oven

Cloth dryer

Personal computer

Air purifier


Condenser dryer


Kitchen appliances

Home theatre


Please note that appliances that are used for commercial, rental or profit generation purposes are not covered under Extended Warranty.

*Corporate Agent Name – Bajaj Finance Ltd. Licence to act as corporate agent under the insurance act,1938 (IV of 1938). Licence No – ABL5733407



We deploy technology and apply innovation to create unique and compelling propositions that help you do what you always wanted to do. Here under are a host of unique features and benefits that you enjoy with Extended Warranty from Bajaj Finserv Lending. Most of these features are industry firsts and come only with our portfolio of offerings. Read on to know more:

Upto 3 years additional warranty

Upto 3 years additional warranty over and above the standard manufacturer warranty offered on your consumer durable.

IRDA approved

Extended Warranty from Bajaj Finserv is an IRDA approved program. While there may be other warranty programs offered in the market, those do not come with the assurance of an approval from the regulating body, assuring you the best of service.

Partnership with Bajaj Allianz general insurance ltd (BAGIC)

Our Extended Warranty program has been launched in partnership with one of our group companies Bajaj Allianz general insurance Ltd. (BAGIC).
To tell you more, BAGIC has been awarded the IAAA rating by the rating agency ICRA for being the best in claim settlements. As a result, you are assured that in case anything goes wrong with the product and cannot be repaired, your claims will be settled in the quickest possible time. Thereby, ensuring a hassle free experience for you.

Extended Warranty is available only in Delhi NCR, Mumbai&suburbs, Pune, Surat, Baroda and Ahmedabad


The fees is decided as per Category, Invoice price and tenure of the Extended warranty.

How to Apply

  • Extended Warranty can be availed within 6 months of purchasing the Consumer Durable product.
  • For more details, you can give a missed call to us at 09289208888

Frequently Asked Questions

Q1. What does the Extended Warranty policy cover?

A. Under the Extended Warranty Program from Bajaj Finserv, the policy is an insurance contract, extended through Bajaj Allianz general insurance Company Ltd. It covers the cost of repair/ replacement of consumer durable appliances arising out of unforeseen manufacturing defects or poor workmanship during the Policy Period of 12/24/36 months.

Q2. What is Manufacturer’s Product Warranty?

A. Manufacturer’s Product Warranty is a limited warranty provided by manufacturer of the product that covers manufacturing defects in the product.

Q3. What is Manufacturer’s Product Warranty Period?

A. It refers to the period during which Manufacturer’s Product Warranty is applicable for the specific product in question. For majority of the consumer durable appliances, manufacturer’s product warranty is usually offered for a period of 6 months to 12 months.

Please note that some parts of a particular product might have a different warranty period as compared to the overall product. For instance, a compressor (part of a refrigerator) has a usual warranty period of 5 years whereas the common warranty period for all other parts of the refrigerator is 1 year. Accordingly, 1 year shall be considered as the Manufacturer’s Product Warranty Period for this case.

Q4. What are the main exclusions of the Extended Warranty Program from Bajaj Finserv?

A. The main exclusions are as under:

10% of the claim amount is deductible, subject to a minimum of Rs. 500 with respect to each and every claim;
Loss or damage arising out of the insured asset not being used in accordance with manufacturer’s instructions;
Loss or damage for which the manufacturer of the insured asset is responsible under a guarantee and/or warranty;
Replacement of any consumable item of the insured asset, including but not limited to batteries, bulbs, plugs, cables, ribbons, belts, tapes, fuses, filters, toner or software;
Failure of parts which are subject to recall by manufacturer of the insured asset;
Loss or damage arising out of any external cause, including but not limited to fire, theft, explosion, water damage, acts of God, etc.;
Where the Insured asset is subject to commercial, rental or profit generation purposes;
And other exclusions as per policy.

Q5. Why should customers buy Extended Warranty policy from Bajaj Finserv?

A. The primary reason for buying an Extended Warranty Policy is to have extra protection for valuable appliances after expiry of the manufacturer’s product warranty period.

For majority of the appliances, manufacturer’s product warranty is usually offered for a period of 6 months to 12 months. After expiry of this period, the customers are likely to incur significant expenses if the particular appliance fails. However, with the help of our Extended Warranty Program, you can enjoy comprehensive protection for your valuable appliances for a period of 12/24/36 months even after expiry of the manufacturer’s warranty period.

Q6. When does a customer have to buy the Extended Warranty Policy?

A. The customer can buy the Extended Warranty policy within 6 months of purchasing the consumer durable product.

Q7. When does the period of Bajaj Finserv's Extended Warranty policy commence and terminate?

A. The Policy Period will commence on the expiry of the Manufacturer’s Product Warranty period and will be in force for the next 12/24/36 months.
For instance, an LCD TV purchased on 01 January, 2014 with a Manufacturer’s Product Warranty period of 1 year, ending on 31 December, 2014. The Extended Warranty policy will commence on 1st January, 2015 and will be in force for the next 12/24/36 months and shall expire on 31st December, 2015.

Q8. What will be the Sum Insured for a particular consumer durable appliance to be covered under the Extended Warranty policy?

A. The Sum Insured shall be equal to the invoice price of the particular consumer durable appliance. Please note that the maximum liability of Bajaj Finserv during the Extended Warranty Policy period for all claims with respect to the particular appliance shall be limited to the Sum Insured.

Q9. Is Extended Warranty Policy transferable and renewable?

A. Please note that Extended Warranty Policy will expire if there is a change in ownership of the particular consumer durable appliance. Moreover, the policy cannot be renewed after expiry of the Policy Period.

Q10. What is the sales process of the Extended Warranty Policy?

A. If the customer is interested in opting for the Extended Warranty Program, he/she will have to fill the necessary details in the Extended Warranty proposal form and pay the requisite premium amount. Subsequently, the customer would be given an Extended Warranty kit, which will include policy wordings as well as a carbonated version of the filled in proposal form. Within a few days of purchasing the Extended Warranty policy, Bajaj Allianz will dispatch the Policy schedule at the mailing address (as mentioned in the proposal form) of the customer. Please note that policy schedule will include necessary information such as Policy Period, details of the insured appliance, Sum Insured, premium amount etc. with respect to customer’s Extended Warranty policy.

Q11. Is there any toll free number where customers can call up for any Extended Warranty policy related matter?

A. For any query related to Extended Warranty policy, the customer can contact us toll free at 1800-209-1021 (free calls from all mobiles and landlines) between 11 am to 11 pm, 7 days a week.

Q12. What happens if a customer calls up Bajaj Finserv call centre to enquire about his/her extended warranty?

A. Customers can get in touch with us through email on - wecare@bajajfinserv.in. All the queries will be directed to Bajaj Allianz general insurance Company Call Centre.

Q13. What happens if the manufacturer does not honour the Extended Warranty?

A. To claim the Extended Warranty, customer is required to call us toll free at 1800-209-1021. The customer will be directed to the authorized service centre of the manufacturer.

Q14. What happens if the customer is facing a problem in terms of poor revert from the manufacturer?

A. If the problem arises within Manufacturer’s Warranty period, the customer has to deal with the manufacturer directly.

Q15. Who are the other players in the market across categories who offer Extended Warranty?

A. Extended Warrany Program from Bajaj Finserv is the only IRDA approved Extended Warranty program in India.

Q16. Can a customer go to the retail outlet from where he bought the product in the first place?

A. Yes, the customer can go to the dealer/ retailer sales person. He/ she will contact the Bajaj Allianz general insurance Company Call Centre to resolve the query.

Q17. Is there a limit to the number of claims a customer can avail during the Extended Warranty period?

A. No there is no limit to the number of claims. After the claim is verified by the Customer Service Executive, customer will be reimbursed as per the policy terms and conditions.