Bajaj Insta EMI Card
Bajaj EMI Card is a pre-qualified loan offer of up to Rs. 3 Lakhs provided by Bajaj Finserv to its existing customers. Using the Bajaj Insta EMI Card, you can shop for over 1 million products on Easy EMIs for up to 60 months without making any down payment. The entire loan application is digital and takes only up to 10 minutes. You only have to pay a one-time joining fee of Rs. 530 while purchasing the card.
Key Highlights of Bajaj EMI Card
Following are the key highlights of EMI Card Bajaj Finserv:
| Loan amount | Up to Rs. 3 Lakhs |
| One-time joining fee | Rs. 530 |
| Tenure | 1 - 60 months |
| Down payment | Zero |
| Credit score | As per Bajaj Finance risk policies |
| Age | 21 - 65 years |
| Application TAT | Within 10 minutes |
Features & Benefits of Bajaj Finserv Insta EMI Card
The key features and benefits of Bajaj Finserv Insta EMI Card are mentioned below:
- Wide acceptance: The Bajaj Finance Insta EMI Card is accepted at over 1.5 lakh stores across 4,000+ large and small cities. Just walk into any partner store and shop on EMIs.
- Special EMI schemes: You can avail of Bajaj Finserv's special EMI schemes that provide a longer repayment tenure and lower EMIs.
- Zero down payment: The card comes with a zero down payment offer on a wide range of products in over 1.5 lakh stores.
- Flexible repayment tenure: Convert your purchases into EMIs and repay in 1 to 60 months.
- Shop everything on EMI: You can shop for electronics, daily groceries, home appliances, fitness equipment, furniture, and more and pay the bill amount in EMIs.
- Complete digital process: The Bajaj EMI card application process is entirely paperless and takes less than 10 minutes.
Fees & Charges for EMI Card Bajaj Finserv
Following are the Insta EMI Card Bajaj Finserv charges:
- EMI network card fee: Bajaj Insta EMI Card charges a nominal fee of Rs. 530 (inclusive of taxes) while purchasing the card.
- Additional fees and charges will be applied when utilising the EMI network to avail of loans.
- Annual fee: An annual fee of Rs. 117 will be charged if the card is not used for purchases in a year.
- Processing fee: A nominal processing fee based on the amount of the transaction
- Bounce charge: Rs. 500 for each bounced payment.
- Penal charge: Up to Rs. 5/day per instalment, if there is a delay in payment.
- Convenience fee: Rs. 236 for existing customers and Rs. 300 for new customers + applicable taxes.
- Credit Suraksha fee: Rs. 59 +applicable taxes
Eligibility Criteria for Bajaj Insta EMI Card
If you want a Bajaj EMI card apply online by meeting the eligibility criteria mentioned below:
- Nationality: The applicant must be an Indian resident.
- Age: The Bajaj card age limit for application is 21 to 65 years.
- Income: The applicant must have a regular source of income.
- Credit score: As per Bajaj Finance risk policies.
Document Required for Bajaj Finserv Insta EMI Card
The documents required to apply for Bajaj Finserv Insta EMI Card are mentioned below:
- PAN Card
- Aadhaar Card number for KYC confirmation
- Bank Account Number & IFSC Code details to register your e-mandate to simplify your payment.
How to Apply for a Bajaj EMI Card
If you want the Insta EMI Bajaj Card apply online by following the steps mentioned below:
- Mention your 10-digit mobile number and then click on ‘GET IT NOW’ on the Bajaj Finserv Insta EMI Card page.
- Enter the OTP sent on your mobile and submit.
- Mention your full name and then click on ‘Yes, Auto-Fetch Details’.
- Then verify the pre-filled details.
- Select your gender and employment type.
- Click on ‘PROCEED’ and check your prequalified offer with the card loan amount.
- Again click on ‘Proceed’ to verify your details.
- After successful KYC, you can check your card loan amount offer details.
- Now, select and apply a Promo Code from the given options and pay a one-time joining fee of Rs. 530.
- After making the payment successfully, you can view your card details on the Bajaj Finserv app, using which you can shop conveniently.
FAQs
You can use your Bajaj Insta EMI Card to shop for electronics, apparel, travel, home decor, daily groceries, home appliances, fitness equipment, furniture and more. Using the Insta EMI card is very easy. Just visit a partner store, select the product of your choice and a preferred tenure, and simply provide your Insta EMI Card details at the billing counter. Your purchase value will be converted into EMIs.
Yes, the Bajaj Insta EMI card comes with various attractive benefits, including:
- Acceptance at over 1.5 lakh stores across 4,000+ large and small cities.
- Special EMI schemes provide a longer repayment tenure and lower EMIs.
- Zero down payment offer on a wide range of products.
- Flexible repayment tenure of 1 to 60 months.
- Shop everything on EMI including electronics, daily groceries, home appliances, fitness equipment, furniture, etc. and pay the bill amount in EMIs.
- 100% digital process that takes less than 10 minutes.
The Bajaj Insta card offers a limit of up to Rs. 3,00,000.
No, you cannot withdraw cash from your Bajaj Finserv Insta EMI Card because the card is designed to make purchases using EMIs, not to withdraw cash.
The Bajaj Insta EMI Card does not have interest charges. However, It has a one-time joining fee of Rs. 530.
No, the Bajaj Insta EMI Card is not free for a lifetime. It involves a one-time joining fee and may have an annual fee if it is not used.
People who do not meet the following eligibility criteria are not eligible for a Bajaj EMI card:
- Nationality: Indian resident.
- Age: 21 to 65 years.
- Income: The applicant must have a regular source of income.
- Credit score: As per Bajaj Finance risk policies.
Yes, you can use a Bajaj Insta EMI card on Amazon to purchase clothes.
No, you cannot buy gold using a Bajaj Finserv Insta EMI Card as per the Reserve Bank of India’s (RBI) policy.