Want the best of credit cards without the hassle? Help yourself with the EMI card – the latest payment instrument to help you splurge. A pre-approved loan that you can repay in easy monthly installments, the EMI card does not charge interest on your installments. Sounds too good to be true? It gets better!
Applying for an EMI card is even less of a hassle, when compared to credit cards or loans. There is no history check of your credit scores, and no tedious documentation process. In fact, since the introduction of eKYC, there’s hardly a need for physical documentation. This means you can apply for your EMI card wherever you are, whenever you want.
Want to know if you are eligible for an EMI card? Here are the requirements:
- You should be between 21 to 60 years of age.
- You should have a regular income
- You should have a bank account in India
- You shouldn’t have pending payment defaults
- You should have a valid residential proof
If you qualify the Bajaj Card Eligibility criterias, the process of obtaining an Bajaj Finserv EMI card online is even easier. Let’s say you want to opt for the Bajaj Finserv EMI card with an upper limit of 1.5 lakhs. All you have to do is login into the Bajaj Finserv customer portal and make the payment of Rs. 530 after choosing the EMI card. Submit your documents and a duly signed ECS mandate – and your EMI card will be delivered to you in two weeks.
However, if you’re not a Bajaj Finserv customer, you’ll have to register as one to get the EMI card online. You can also opt for it while purchasing high ticket items like electronics, gadgets and lifestyle accessories, at more than 84,000 stores across 1300 cities. You can also avail the benefits of using your zero interest EMI card for online shopping at e-commerce sites like Flipkart, Amazon, etc.You can shop for various categories like electronics, fashion, fitness and travel with 4 hour/ same-day speedy delivery and sometimes, also get exclusive benefits meant for Bajaj Finserv customers.
Here are the documents needed for getting your EMI Card:
- PAN Card
- Aadhar Card
- Canceled cheque
- A signed ECS mandate
Once applied, you can expect your EMI card to arrive in 2 days. To shop online using the EMI card, choose the relevant option in the payment field. Once your EMI card is selected, you can choose the tenure, enter your card details and get shopping – with zero interests!
Now that you know that applying for an EMI card is easy, what’s stopping you from getting one? Get it now!