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Why Shopping on No Cost EMI is the Smarter Way to Shop

By Finserv MARKETS - Apr 20,2020
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Why Shopping on EMI is the Smarter Way to Shop

These days shopping for your favourite products is much easier with access to innumerable online shopping portals as well as offline shopping centres. While accessing a wide range of products makes the experience better, lump sum expenses can leave you unprepared for unplanned emergencies. In this regard, shopping on EMI seems like the smarter thing to do. As you do not need to spend a large chunk of money all at once and can divide your repayment over months, you can enjoy purchasing items without the unnecessary worries. In addition, with access to special deals and offers with EMI payment options, you can actually end up saving more.

One such EMI shopping option is the Bajaj No Cost EMI Card. So what is a Bajaj Card? A Bajaj No Cost EMI card is a payment option that allows you to purchase items on equated monthly installments.

Why use Bajaj card for EMI Shopping

The Bajaj Card finance option is ideal for shopping both online as well as offline as it is a digital card which can be used anytime and anywhere. It does not charge you exorbitant interest as is common with credit cards, and even offers you the chance to repay the loan amount within a customized tenure that you get to decide based on your monthly savings.  Shopping with the Bajaj Finserv EMI Network Card also does not require you to get a loan approval every time you set out to shop as you have access to a pre-approved loan. What makes the shopping experience better is that the Bajaj Finserv Card gets you attractive discounts and offers that help you save more money.

What are the features of Bajaj Finance Card

The Features of Bajaj Finserv EMI Network Card are as follows-

  • The Bajaj Finance Card comes with a high pre-approved loan amount of 1.5 lakh that you can use to shop for products online, as well as offline in any of the 84200+ network partner stores spread across 1300 cities
  • The Bajaj Finance EMI card lets you purchase items on No Cost EMI, which means you are not charged any additional money or interest over the actual cost of the product you purchase
  • The repayment tenure of the Bajaj Finserv Card is also flexible and can be customized between 3 to 24 months, according to your capacity to pay
  • You need to provide only minimal, basic documentation to apply for the card. No additional documentation is required later when you make purchases
  • The Bajaj Finance EMI card offers the freedom to foreclose your loan at any point of time without paying any foreclosure charges

How to apply for Bajaj Finserv Card

Firstly, you need to be eligible for offline and online EMI card application. For this, you need to be between 25 to 60 years of age, with a regular source of income and a good credit history. You would also need to have a bank account at your current residential address in India. If you meet these specifications, you can apply for Bajaj Finserv EMI Network Card online or offline.

The online EMI card application process requires you to visit the Finserv MARKETS website or download the app and select Apply Now or Get Card options, respectively. At the end of the application process, you would need to pay a card fee online of INR 530. If the payment is successful you would be able to view your Bajaj EMI card online. To activate your card you would have to visit one of the Bajaj Finserv Partner stores and submit your KYC documents to the executive at the store when you make the purchase.

Similarly, the offline Bajaj Finserv Card application process is simple. Visit a partner store, select the products you wish to buy, fill in an application form and submit your KYC documents to the executive at the store. 

How to use Bajaj Finance EMI Card

  • Bajaj Card Online Shopping-

To shop online, visit the online platforms that Bajaj Finserv partners with, such as Bajaj EMI Store, No Cost EMI at Flipkart, Amazon, etc. Choose the product you wish to buy, Select Bajaj Finserv EMI card, No Cost EMI and adjust your repayment tenure. Confirm your delivery address and Bajaj Card details and the product will be delivered to you. 

  • Bajaj Finserv EMI Offline Shopping- 

With the Bajaj Finance EMI card digitally present on your Bajaj Finserv Wallet app, you can use it to access more than one million products available in 84,200+ partner stores in over 1300+ cities across India. Simply choose your product and pay using your Bajaj Finance EMI card.

Frequently Asked Questions

  • What is a Bajaj EMI card?

A Bajaj Finserv Card is a cashless payment option that lets you convert the cost of your purchases into easy monthly instalments without any additional interest charge. With a pre-approved loan, the digital card lets you purchase for a wide range of products both online and offline, anytime and anywhere.

  • Can I use a Bajaj EMI card as a credit card?

The Bajaj EMI card works as an alternative to the credit card, without the hassles of the latter. You can use a Bajaj card to purchase items on EMI Without Credit Card, i.e., not only do you not need to pay a lump sum amount, you are not required to pay any additional charges or interest over and above the product’s actual cost.

  • What can I buy from Bajaj EMI card?

The Bajaj Finance card can be used to shop for over one million products, across a wide range of categories, on both online and offline platforms that Bajaj Finserv partners with.

“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 work 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 on No Cost EMI with the Bajaj Finserv EMI Network Card:

Affordable Ways to Furnish your Home on EMI

Essential Guide of How to Shop in No Cost EMI

What is No Cost EMI and what does it mean?

Benefits of Buying on EMI

How EMIs Help you Increase your Standard of Living

Shopping on Amazon in No Cost EMI

Shopping on Flipkart in No Cost EMI


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522