Among the many ways to shop for big-ticket items, be it electronics, home appliances or travel bookings, shopping from the Bajaj Finserv EMI Network is the most efficient. This is because it reduces the impact such expenses can have on your personal finances by allowing you to split the cost over a comfortable tenor. In some cases, by shopping on No Cost EMIs you can enjoy zero down payments, thereby enriching your shopping experience further. To make a purchase on No Cost EMIs, you simply need to have an active EMI Network Card.
If your card is blocked, it is important to initiate a Bajaj EMI Card unblock request at the earliest. However, along with learning how to unblock the card, you should know why it was blocked in the first place. Explained below are a few scenarios that warrant deactivation, along with a guide on how to begin the unblocking process.
ECS mandate processing failure
An ECS mandate authorises the auto-debit of EMIs directly from your bank account. This is a requirement to keep your EMI Network Card active and to safeguard yourself from late payments. In case of an ECS mandate processing failure, reissue the mandate and submit it to the nearest Bajaj Finserv branch. Following this, your EMI Network Card will be reactivated within 45 days.
Missed EMI payments
If your EMIs have bounced due to lack of sufficient funds in your account, you must repay your dues in order to unblock your EMI Network Card. You can make this payment by:
Failure to maintain a CIBIL score of 750
Over time, if your CIBIL score drops below 750, either due to non-payment or credit mismanagement, your EMI Network Card may get deactivated. In order to unblock it, you will have to:
- Pay your overdue bills
- Submit a revised credit report indicating an increase in score to us
Once you have identified the cause for your EMI Network Card being blocked and are ready to unblock it, do so online through our customer portal – Experia.
How to unblock the Bajaj Finserv EMI Network Card online through Experia
To initiate the Bajaj Finserv EMI Network Card unblocking procedure on Experia, here are the steps to follow:
- Log in to the customer portal
- Enter your customer ID/ mobile number
- Choose to either receive an OTP on your registered mobile number, or enter your password
- Go over to the ‘My Relations’ option and select ‘EMI Network Card’
- Select ‘View All’ and then click on ‘EMI Card Details’
- Click on the ‘Block/ Unblock/ Reissue’ option to proceed
- Follow the unblock procedure mentioned
Remember to mention your customer ID as well as your card number.
Now that you know how to unblock your Bajaj Finserv EMI Network Card, note that the unblocking or re-activation can take up to 70 days, depending on the infraction. Thereafter, you can get back to shopping affordably on one of the largest EMI Networks in India. Bajaj Finserv now has over 1,20,000 partners, both online and offline, spread across 2,900+ cities. This makes it much easier for you to shop at a store of your choice via No Cost EMIs. If you don’t have an EMI Network Card to begin with, be sure to check your pre-approved offer and apply for one immediately.
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