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Easy EMI on Insta Card with Insta Transaction

By Finserv MARKETS - Oct 25,2019
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Easy EMI on Insta card with Insta Transaction

Purchasing a product on easy EMI is a part of our lifestyle now. When you make a credit card purchase, you get an email or SMS from your bank asking if you wish to convert that spend to an EMI.

This facility is either offered on some products / credit cards or on a threshold value. Previously this was for amounts exceeding Rs. 5,000, but nowadays, some banks offer to convert even a spend of Rs. 2,000-3,000 to EMI.

Know more about EMI Cards v/s Credit Cars – How is EMI Card Different from Credit Card

Sounds tempting, but should you go for it? Here are some things to consider before doing so:

  • There’s a processing fee levied by the credit card company on conversion of your transaction amount in easy EMIs. Few service providers’ also charge a rate of interest on such transactions.
  • Here comes the Bajaj Finserv Digital EMI network card where customer gets the card instantly with the help of digital KYC and gets to know the loan eligibility instantly in few seconds.
  • These can be used across all merchants easily by just providing the mobile number to the merchant.
  • This digital EMI card is useful during emergencies when you have to spend a high amount and would prefer not to pay off entire outstanding amount.
  • No documentation is needed to convert a spend to EMI, unlike with other loan products.
  • Now there is no need to pay the entire product amount to merchant at one go rather pay in easy EMI with No rate of interest.
  • This Digital EMI card can be used at around 80000 + stores and e-commerce platforms.
  • Bajaj Finserv Digital EMI network card can be used with exciting EMI offers throughout the year.

“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we works towards fulfilling all your personal and financial needs . What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.”

Read More:

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India Choosing Digital Over Physical Finance Options

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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522