Sumit used to go for a monthly shopping of household goods at his local supermarket. One evening, while he was on his usual trip, he met his neighbour, who was returning back with his groceries, along with a whole lot of appliances. Sumit asked him how he could afford to buy so much stuff, that too within his budget. His neighbor then informed him that he had opted for the Future Group Bajaj Finserv EMI card that has phenomenally changed the way he and his family shop.
Indians have long been users of credit cards and debit cards, the earliest offerings by banks, that ushered a change in the way most shopped. It is a win-win situation for both customers and manufacturers with an ever-increasing base of people shopping online, coupled with a growth in the consumer appliances and electronics industry. Cash payments for online transactions are soon to be non-existent, if trends are to be believed. Cash usage is slowly declining worldwide with the digital payments ecosystem bursting at its seams. Noncash transactions are estimated to exceed 1 trillion all over the world, for the first time in 2023, driven by increased card penetration, wider access to mobile phones, and more access to payments infrastructure. The situation is no different in India.
EMI cards have emerged as the new trend making shopping smarter, easier and convenient. Cards such as the Future Group Bajaj Finserv EMI card takes the concept of an EMI card even further with a co-branded card that comes with assurance of two leading brands- one from the finance industry and the other from retail, both joining hands to give you, the customer, the best shopping experience. So now when you shop with this EMI Card at any of their affiliate brands be it Big Bazaar, Brand Factory, FBB, Central, Hometown or Ezone, a pocket-friendly shopping experience awaits you.
The Future Group Bajaj Finserv EMI card comes with a higher pre-approved loan upto 1.5 lakhs, which means that you can borrow up to this amount, to purchase any product of your choice across different brands of the Future Group. The facility is also available to those who transact for a minimum amount of Rs 5000 at any of their offline stores as well. Need to go festive shopping out of your budget? No problem. With this EMI Card, you can easily pay in installments from as little as 3 months to 2 years depending on your financial situation, thus helping you make that big purchase you have been dreaming of without burning a hole in your pocket.
EMI as a payment option applies to the total invoice value and hence can be split across various products from different categories. So let’s say you buy a few clothes, an AC and groceries at Big Bazaar. You need not go around paying separate EMIs for each item. This gives you freedom to choose as many appliances or products you wish to buy as per your requirements without worrying about money and how would you pay the installments. What’s more? There are no foreclosure charges. Not only this, all transactions made using EMI cards are secure to avoid any identity theft.
You can register for the card at any of Future Group’s stores by sharing your Aadhar and other KYC details with the in-house representative present there. Once approved, an OTP is sent to your registered mobile number informing you the terms and condition associated with the card. If you agree, upload the necessary documents such as your PAN card, cancelled bank cheque and Aadhar for verification. Once validated, your card is activated instantly. You can download the Bajaj Finserv wallet app to receive instant notifications on your smartphone. All this, so you can start shopping with your EMI card for the things you need and fulfill your desires.
A nominal joining fee is charged at the beginning and a small annual fee is charged if you haven’t availed any loan on your card in the preceding year. EMI cards such as this one give you a 360-degree shopping experience, offering a gamut of products ranging from fashion, furnishing, furniture to groceries, household essentials, consumer electronics and gadgets. With sales and discounts offered every now and then, you can save a lot on this card. So, say yes to EMI cards today and reap the benefits that they have to offer. 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!