Every young professional dreams of the best things in life. They want the latest appliances, gadgets, furniture in their home.
However, rising costs, coupled with inflation, can often make these a costly purchase especially with the salary one draws in their 20s.
For times like this, the Bajaj Finserv EMI Card, available on Finserv MARKETS, is an ideal tool. You can use Bajaj EMI Card online for making purchases and pay back the EMIs with flexibility, with tenures ranging between 3-24 months. You can buy mobile on Bajaj EMI card, with a zero down payment. Even the EMIs you pay later will be devoid of interest that is usually levied on payments made by credit card, thus ensuring that you pay only for the price of the product.
Security of payments and your overall financial health is a crucial aspect when it comes to making payments of any kind, through any mode. The Bajaj Finserv EMI Card takes care of this concern by ensuring the utmost security for users while making the payment. For security reasons, use of the card, only by the cardholder, is encouraged. However, getting an add-on card ensures that two family members can use the same card. This is a beneficial provision for the cardholder, since the onus of repayment lies entirely with the cardholder.
When you buy mobile on Bajaj EMI Card, you will receive a One Time Password (OTP) on your registered mobile number. Only when you enter this OTP will the payment be authenticated. Since this OTP goes directly to the number the cardholder has registered with Finserv MARKETS, there is no scope for payment. Even when you use Bajaj EMI card online to make purchases from ecommerce platforms like Flipkart and Amazon, the OTP will be sent to your mobile number. Post the payment being authenticated, the cardholder will also receive a message with details of the payment.
If the payment details do not match with the payment you have just made, or if you ever receive a message with details of a purchase you haven’t made, you can get your card blocked immediately. Customer assistance is available through Finserv MARKETS round-the-clock so it should be a matter of minutes until you authenticate your details and have the EMI card blocked.
Alternatively, if your card has been blocked for any reason you are not aware of, you can approach the customer service. The EMI card can be blocked for any of the following reasons:
- KYC has expired
- KYC fails to meet the requirements of the sourcing policy
- You have payments pending or repayment has exceeded 30 days past the due date
- There is a breach of the EMI card
- Due to internal policies of Bajaj Finserv Pvt. Ltd.
If you approach the customer care, they can intimate you on the reasons as to why your card has been blocked and you can immediately take remedial steps. In case you have payments due, complete them at the earliest. Once the pending payments are completed at your end, your account will be re-evaluated and your account will be restored post receipt of pending payment.
If KYC expiry is the reason that the card has been blocked, it is essential to fill all the KYC details as per the instructions provided by Finserv MARKETS.
Policy breach can result from unauthorized usage of the EMI Card. If that is the reason behind a cardholder’s EMI card being blocked, it is necessary for the profile to be re-evaluated periodically. The cardholder will be notified once the account is restored. Until then, you will be unable to use Bajaj EMI Card online or even offline for making purchases.
Aside of the stringent security guidelines, the Bajaj Finserv EMI Card, available on Finserv MARKETS, offers a range of benefits to customers. These include:
- The EMI card comes preloaded with a loan amount of Rs. 1.5 lakh. You can buy mobile on Bajaj EMI card and enjoy exclusive benefits such as zero down payment and no cost EMIs.
- You can enjoy a flexible repayment tenure ranging from 3-24 months. A flexible repayment schedule ensures that your existing financial resources are not strained while making repayments on your EMI card.
- All your documentation can be processed online, and you can keep an eye on your account and statements online as well. This not only brings an increased transparency to the entire credit process, but also ensures that you are constantly updated about your transactions.
The Bajaj Finserv EMI Card, available on Finserv MARKETS, makes shopping a seamless experience both online and offline. Even if you wish to foreclose at an earlier date than was predetermined, you can do so with no foreclosure charges.
Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no-cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!