Bajaj Finance offers two ways to convert your smartphone purchase into affordable monthly payments. Both options are available at over 1.5 lakh partner stores across 4,000+ cities in India.
| Option | Limit | Key features |
|---|
| Bajaj Finance Insta EMI Card | Pre-approved card limit up to Rs. 3 lakh | Zero annual fee; 3 months to 60 months tenure; works at 1.5 lakh partner outlets; 1 million+ eligible products |
| Bajaj Finance Easy EMI Loan | Loan limit up to Rs. 5 lakh | Quick loan approval; 3 months to 60 months tenure; basic KYC documents needed; ideal for higher-value purchases |
How to choose? Both require you to be physically present at a partner store. The Insta EMI Card suits shoppers buying across categories over time. The Easy EMI Loan suits a single high-value purchase.
At Rs. 21,499, the Redmi 15 5G sits well inside the Insta EMI Card's pre-approved limit, which makes the card the more practical choice here — you keep the remaining limit free for a television or washing machine later. The Easy EMI Loan makes more sense if this phone is part of a larger single purchase.
If you are an existing Bajaj Finance Insta EMI Card holder, you may have a pre-approved loan limit of up to Rs. 3 lakh. Choose repayment tenures of up to 60 months.
An example of how this works
Anjali, a 24-year-old first-time buyer in Nagpur, chooses the Redmi 15 5G in Sandy Purple, 6GB and 128GB, at Rs. 21,499. She picks the Bajaj Finance Insta EMI Card, because she also plans to buy a refrigerator later in the year and wants to keep her limit available.
She selects a 24-month tenure at Croma, Nagpur. Her monthly instalment works out to approximately Rs. 896.
Pro tip- A longer tenure lowers your monthly outgo but raises what you pay overall once charges are applied. On a phone at this price, a 12-month plan usually costs less in total than a 24-month one while still keeping the monthly amount under Rs. 1,800.