How to Buy Mobile Phones on EMI Without Credit Card

Learn how to purchase mobile phones on EMI without a credit card with Bajaj Finserv Insta EMI Card.
How to Buy Mobile Phones on EMI Without Credit Card
2 min

Need a mobile phone upgrade but worried about the cost? Buying your dream mobile phone has never been easier, thanks to the Bajaj Finserv Insta EMI Card. This article will walk you through the process of how to buy phone on EMI without credit cards. Let’s see how you can make your next tech purchase smooth and affordable with the Bajaj Finserv Insta EMI Card.

List of mobile phones available on EMI



OnePlus Nord CE 3 Lite 5G (Chromatic Gray, 8GB RAM, 128GB Storage)

Rs. 17,499

realme narzo 60 5G (Mars Orange, 8GB RAM, 128GB Storage)

Rs. 14,999

OnePlus 12R (Iron Gray, 16GB RAM, 256GB Storage)

Rs. 45,999

Samsung Galaxy M34 5G (Prism Silver, 6GB RAM, 128GB Storage)

Rs. 15,999

Apple iPhone 15 (Black, 128GB)

Rs. 73,100

Motorola G34 5G (Ocean Green, 8GB RAM, 128GB Storage)

Rs. 12,899

Samsung S22 5G (Phantom White, 8GB RAM, 128GB Storage)

Rs. 37,700


Advantages of buying mobile phones on EMI without credit card

  • Seamless shopping experience: With a network of 1.5 lakh partner stores across 4,000 cities, you can conveniently purchase your desired mobile phone without the need for a credit card.
  • Affordability made easy: Break down the cost into manageable instalments (EMIs), making even high-end smartphones more accessible to your budget.
  • Zero down payment facilities: During festive occasions, take advantage of enticing zero down payment offers and bring home your dream device without any upfront costs.
  • Flexible repayment plans: Choose a repayment tenure between 1-60 months that aligns with your financial situation, ensuring a stress-free repayment journey.
  • Pre-approved spending limit: Gain clarity on your spending capacity with a predefined limit of up to Rs. 3 lakh, allowing you to make informed purchasing decisions.
  • Credit score booster: Timely EMI payments can positively impact your credit score, opening doors to future credit opportunities.

Check the benefits and features of Insta EMI Card

Eligibility criteria for getting the Insta EMI Card for buying mobile phones on EMI

  • Indian nationality
  • Age between 21 years and 65 years
  • Regular income source
  • Credit score of 720+
  • Documentation: PAN and Aadhaar card, address proof, bank account information and IFSC code for e-mandate registration

Check the documents required for the Insta EMI Card

How to buy mobile phones on EMI without a credit card

Here’s a step-by-step process walking you through how to purchase mobile on EMI without credit card:

  • Step 1: Locate a partnered retailer
    Visit any brick-and-mortar store that has partnered with Bajaj Finserv to offer the Insta EMI Card facility.
  • Step 2: Choose your desired mobile phone
    Pick out your preferred mobile phone from among the wide array of options available.
  • Step 3: Head to billing
    At the billing counter, inform the store representative that you’re interested in in-store financing.
  • Step 4: Share Insta EMI Card details
    Provide the store representative with your Insta EMI Card details and select a repayment tenure that works for you.
  • Step 5: Make your purchase
    With your Insta EMI Card, you can now seamlessly buy your dream mobile phone on convenient EMI terms, without the need for a traditional credit card.

How to apply for the Bajaj Finserv Insta EMI Card

If you don't already have the card, simply apply for it at the store. The representative will guide you through the process prior to your mobile purchase. Just ensure that you meet the minimal eligibility requirements and are carrying the documentation needed as well.

The store representative will verify your documents. Once your application is approved, pay the one-time fee to receive your Insta EMI Card. This will grant you the power to purchase your desired mobile phone on EMI without a credit card.

Other products and services on No Cost EMI

Croma Stores

Reliance Digital Store

iPhone 13 Mini on EMI

BNPL (Buy Now, Pay Later)

Flight Bookings on EMI

Poorvika Mobiles

iPhone 13 (128GB) - Specs & Benefits

Sangeetha Mobiles

POS Full Form

iPhone 14 on No EMI

iPhone 14 on EMI

iPhone 14 Pro on EMI

iPhone 12 Pro on EMI

iPhone 15 on EMI

Buy iPhone 13 Pro on EMI


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Frequently asked questions

Can we buy mobile phones on EMI?

Yes, you can buy mobile phones on EMI using options like the Bajaj Finserv Insta EMI Card. It allows you to divide the cost of your preferred mobile phone into monthly payments that suit your budget. This makes it an affordable and convenient option, provided you fulfil the necessary eligibility criteria.