Make your shopping experience hassle-free with Bajaj EMI Payment options. The Bajaj Finserv Insta EMI Card transforms how you handle big-ticket purchases by converting them into manageable monthly instalments. This digital solution allows you to shop for over one million products across 1.5 lakh+ partner stores nationwide without the burden of immediate full payment.
Your Bajaj EMI Payment journey begins with a pre-approved loan limit of up to Rs. 3 lakh. The flexible repayment tenures range from 1 month to 60 months, giving you complete control over your finances. Unlike traditional loans, this system operates without interest rates while maintaining the same structured payment schedule to help you budget effectively.
The Bajaj Finserv Insta EMI Card works across 4,000+ cities, making it accessible whether you live in metropolitan areas or smaller towns. Simply select your desired product, present your digital EMI card, and walk away with your purchase while spreading the cost over time.
Bajaj Finserv online payment overview
The digital revolution in financial services has transformed how individuals manage credit responsibilities. Bajaj Finserv offers a robust online payment system that removes traditional barriers to loan repayments.
The company provides a user-friendly experience through its dedicated 'My Account' portal. This secure platform enables quick and hassle-free online EMI payments for existing customers.
Bajaj Finserv Insta EMI Card holders gain access to this efficient payment gateway that simplifies financial management. The portal eliminates the need for queues or paperwork while allowing users to monitor spending, track payment schedules, and complete transactions in one location. Check your eligibility now!
The system was designed with Indian consumers in mind, offering straightforward navigation for users of all technical abilities.
How can you pay the Bajaj Finance Insta EMI Card EMIs
You can complete your Bajaj Finserv EMI payment online using two convenient methods. Follow the steps below to make your Insta EMI Card payment seamlessly.
Using My Account Portal
By following these steps, you can make your Bajaj Finance Insta EMI Card payment effortlessly.
- Step 1: Access our customer portal – My Account.
- Step 2: Log in to your account.
- Step 3: Click on My Relation and open your Insta EMI Card details.
- Step 4: Select ‘Make Payment’ option under the ‘Things you can do section’ on your screen.
- Step 5: Choose if you want to make advance payments or foreclose your loan.
- Step 6: Select your Loan Account Number (LAN) and make the Bajaj Finance Insta EMI Card payment using Debit Card, UPI or Net banking option.
Using the My Account mobile application
Use your My Account mobile app to pay your Bajaj Finserv EMI quickly and easily. The app offers a streamlined payment process that saves you time and effort. Here is how to complete your payment:
- Step 1: Download the My Account app on your mobile phone and sign in with your registered mobile number
- Step 2: Navigate to the 'Account Information' section and tap on the 'Online Payment' option
- Step 3: Select 'EMI' from the available payment choices
- Step 4: Choose your preferred payment gateway and finish your transaction
The Bajaj Finserv Insta EMI Card makes managing payments simpler with its user-friendly mobile application. Learning about all the available payment methods can help you maximise the benefits of your Insta EMI Card and enjoy greater financial flexibility.
Quick and secure modes to pay Bajaj Finserv EMI
- NEFT or Bank transfer: Set up the eNACH mandate for automatic deduction of EMIs on scheduled dates. This hassle-free option eliminates payment reminders whilst ensuring timely settlements. With your Bajaj Finserv Insta EMI Card, maintaining adequate account balance is your only responsibility.
- Debit or credit cards: Access the Bajaj Finserv My Account portal to make payments using your cards. This secure method offers flexibility and convenience for Insta EMI Card holders. Verify sufficient card balance before initiating transactions for smooth processing.
- Mobile wallets: Choose from various digital wallet services compatible with Bajaj Finserv online payments. The Insta EMI Card integrates seamlessly with popular wallet platforms, providing enhanced security and speed for your EMI transactions.
- Mobile application: Utilise the dedicated Bajaj Finserv app for a comprehensive repayment experience. Beyond EMI payments, the application offers Insta EMI Card management features and additional financial services all within a secure environment.
Apply for Bajaj Finance Insta EMI Card
What happens when EMI Card payments are missed?
Even if you choose a comfortable tenure and EMI amount, you may find it challenging to make the payment during certain months. However, missing your EMI payment can have serious implications.
Here are the consequences of missing your EMI payment.
- Impacts credit score: EMI defaults or late payments can significantly drop your credit score. When you miss your Bajaj Finance Insta EMI Card payment, it is marked as a minor or major default on your credit profile. This may show you as a high-risk borrower, potentially hampering your future credit accessibility.
- Negatively affects your creditworthiness: Apart from the credit score, missing an EMI payment also spoils your credit report, which lenders consider assessing your creditworthiness. When you default on a Bajaj Finance Insta EMI Card payment, it puts a 'black mark' or 'red flag' against your credit report. This can make it difficult for you to get approved for a loan in the future. In case you get the approval, the lender may charge higher interest.
- Late fees and penalties: If you miss an EMI payment, the lender may impose late fees and other penalties. These charges can vary depending on the lender and the loan amount. Bajaj Finance charges a penal charge of up to Rs. 5 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount. Also, bounce charges are levied in case of default of repayment instrument amounting to Rs. 500 per bounce.
Benefits of paying Bajaj Finserv EMI Online
The online payment facility for your Bajaj Finserv Insta EMI Card offers numerous advantages that extend beyond mere convenience. Here is why you should consider this payment method:
- Boost your CIBIL score: Timely online payments help maintain and improve your credit score, which ranges from 300 to 900. A score above 750 positions you favourably for future financing options with your Insta EMI Card.
- Foster lender relationships: Financial institutions value customers who pay promptly. Regular online payments through the Bajaj Finserv portal mark you as a reliable borrower, potentially unlocking better interest rates and exclusive Insta EMI Card offers. Check your pre-approved offers now.
- Manage debts effectively: The structured EMI system helps you plan finances without exceeding your means. The detailed amortisation schedule available online provides complete visibility of your repayment journey, making it easier to track your Insta EMI Card payments.
- Avoid missed payments: The straightforward online payment process minimises the risk of forgotten due dates, protecting your creditworthiness and ensuring uninterrupted access to your Bajaj Finserv Insta EMI Card benefits.
