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
07-Mar-2024

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

Brand

Models

Price

OnePlus

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

Rs. 17,499

realme

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

Rs. 14,999

OnePlus

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

Rs. 45,999

Samsung

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

Rs. 15,999

Apple

Apple iPhone 15 (Black, 128GB)

Rs. 73,100

Motorola

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

Rs. 12,899

Samsung

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

Khosla Electronics

EMI full form

iPhone 13 Mini on EMI

BNPL (Buy Now, Pay Later)

Flight Bookings on EMI

Poorvika Mobiles

iPhone 13 (128GB) - Specs and 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

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements, and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

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.