The Bajaj Finserv EMI Network Card, also known as Insta EMI Card, is a financing solution that helps you fund a variety of purchases including clothing, furniture, kitchen appliances and more. With our EMI Network Card, you can split your shopping bills into easy EMIs (equated monthly instalments).
When you apply for an EMI Network Card, a loan limit is assigned to you. You can use this loan limit to shop for your favourite products. With our EMI Network Card, you can get a maximum limit of 3 lakh. The limit you qualify for depends on various factors including your CIBIL Score, your repayment history and more.
Every time you make a purchase using your EMI Network Card, your spending limit reduces, and a new loan account is created for that product. You repay the loan amount through EMIs over the selected tenure. As you start paying your EMIs, your loan limit is reinstated, allowing you to make easy subsequent purchases with the EMI Network Card.
For instance, Ravi has an EMI Network Card with a loan limit of up to Rs. 1 lakh. He purchased a sofa worth Rs. 60,000 using this card, his available loan limit will now be Rs. 40,000. However, as he starts paying regular and timely EMIs, his available loan limit will start increasing. In case if he has paid a few EMIs and repaid Rs. 10,000 of the total loan amount, his available limit will then become Rs. 50,000.
You can check your available loan limit by visiting our customer portal – My Account. Follow these simple steps to view your available EMI Network Card limit.
- Click on the ‘Sign-in’ button on this page to go to My Account – Bajaj Finance customer portal
- Sign-in with your registered mobile number and the OTP.
- Enter your date of birth for verification and proceed.
- Select your card from the ‘My Relations’ section.
- Find card details such as available loan limit, validity and more.
If you want to increase your card limit and you have an offer, you can easily use DIY (do it yourself) services on our customer portal to increase your limit. If you’re eligible for a limit increase, you’ll see the option of ‘Limit Increase’ within the ‘Quick Actions’ section. Once you click on the option, you can view your new limit and proceed to avail it. However, you’ll be asked to pay an additional fee if you want to avail of your new loan limit.
You can also check your EMI Network Card details and use Bajaj Finserv services by downloading our app from Play Store/ App Store
