Buy Now & Pay Later as you Shop in No Cost EMIs at our wide range of partners store with the Bajaj Finserv EMI Network Card! Click here to know more!

  • EMI Network Card
  • How to Apply
  • Documents & Eligibility
  • Features & Benefits
  • Offers
  • Partner Stores

The Trend of Easy Finance

The option of easy finance is offered by merchants and sellers on various products, from consumer durables like electronics and furniture to fast fashion accessories and travel bookings. An Easy Finance option allows you to buy products on EMI, with minimal interest rates and in some cases, rates as low as 0%. Traditionally, the concept of loan has been reserved for large purchases, but with the changing lifestyles and considering the pace at which innovation happens, it is imperative to have affordable options to buy the latest models of appliances or to upgrade to the latest smartphone, among other things.

For a long time, we have been making use of the easy finance route through credit cards. Credit cards let us make purchase transactions on easy equated monthly instalments. On similar lines, we also now have the option of EMI cards. EMI cards are a fairly recent payment instrument. Using the concept of Equated Monthly Instalments, EMI cards make the process of borrowing in order to fund a purchase smoother and seamless through added features like zero down payment, great customized deals, and delivery as speedy as 4 hours. Therefore, both of these options present distinct modes of easy finance, working on the same premise: people can buy now, pay later.

Bajaj Finserv EMI Network Card Details

One of the most popular, hassle-free and convenient EMI cards is the Bajaj Finserv EMI Network Card. It acts as a payment instrument that can be used to make purchases, ranging from handy like mobile phones to heavy like washing machines, on easy EMIs. The way it functions is this: it comes with a pre-approved loan amount, and can be used to make purchases both online and offline. The payment of the full amount can be done through instalments.

Let’s understand the concept in greater, meticulous detail:

What is EMI Card?

Having established the importance and relevance of the idea of EMIs in most purchases today, it is only sensible to create a way for consumers to borrow seamlessly when making such purchases. EMI cards do just that. Bajaj Finserv EMI Network Card is one of the most popular ones. The Bajaj Finserv EMI Network Card is an advanced online payment instrument to help you shop for the latest products on easy and convenient EMIs on the Bajaj Finserv EMI Store and the partner stores. The Bajaj Finserv EMI Network Card allows you to shop across a myriad products ranging from refrigerators, air-conditioners, washing machines, microwave/ovens, water purifiers, inverters/generators; electronics such as smartphones, tablets, laptops, television sets & home entertainment sets, speakers and cameras; home, kitchen & furniture products; fitness, travel and fashion deals.

You can buy on EMI without credit card on either the Bajaj Finserv EMI Store or any of the online partner stores spread over more than 84,200 partner stores in India. Some of the Bajaj Finserv EMI Network cards accepted shops include Flipkart, Amazon, Pepperfry, MakeMyTrip, Paytm Mall, Yatra, Samsung, Vivo, among others. EMI Cards come with pre-sanctioned loan values. The Bajaj Finserv EMI Network cards come with a pre-approved loan amount of up to Rs 1.5 lakhs. The exact amount of the pre-approval for purchases is decided at the time of your EMI card application. You can choose from repayment tenure of 3, 6, 9, 12, 18 or 24 months as per your convenience. There are no foreclosure charges if you want to close the loan before the predefined tenure.

Difference between Bajaj Finserv EMI Network Card and Credit Cards

In the battle between Bajaj Finserv EMI Network Card vs Credit Card, let’s take a quick look at below mentioned advantages as of how Bajaj Finserv EMI Network Card stood out in this game.


Bajaj Finserv EMI  Network Card

Credit Card

Application process

Any individual between 21-60 years with regular income can apply.

Individual older than 18, with regular income, good credit history and saving account can apply.

Documents required

Aadhar card, PAN card, a cancelled cheque, a passport size photograph, and your ECS mandate duly signed.

Salary proof, Age proof, bills and receipts, financial transactions to assure good credit history, Aadhar card, PAN card, a cancelled cheque, a passport size photograph, and your ECS mandate duly signed.

Interest rate

No Cost EMI, i.e. only pay the product price.

Interest charges applied on purchased products.

Foreclosure charges

Zero foreclosure charges.

Foreclosure charges applied.

Thus, we can see that Bajaj Finserv EMI Network Card has quite a few advantages over credit card. So now, go ahead and buy products on EMI without credit card from either Bajaj Finserv EMI Store or any of our partner sites. Shop your favorite wishlisted electronic products like television sets, laptops, speakers, cameras and mobiles on EMI without credit card. Experience the “without credit card” EMI shopping world!

The battle between a credit card and a Bajaj Finserv EMI Network Card

The two options may seem synonymous at first glance. They are anything but that. The Bajaj Finserv EMI Network Card has a fairly clear advantage over a credit card - that of simplicity. This simplicity manifests itself in the following forms. Let’s take a detailed look into it:

Interest, Charges and fees

EMI cards come on No Cost EMIs, which means they don’t charge interest. Usually, a loan means that you are to repay the borrowed amount along with interest, calculated at a certain percentage of the premium. But under the provisions of an EMI card, you just pay the cost of the product you purchased in instalments, without an interest being charged. This means that you can buy lifestyle goods, gadgets, appliances, furniture, travel bookings, etc on EMI without credit card, now or in the future without burning a hole in your pocket. Credit cards, on the other hand, have high interest rates that are charged on the cost of the product. Credit cards have a stipulated minimum amount to be paid every month to pay the credit card bills - this amount carries interest on top of the amount of money you owe through your purchases. This stipulation also implies that you need to keep paying the bills until you cancel your credit card or stop using it.

It is clear that the Bajaj Finserv EMI Network card is a clear winner. The Bajaj Finserv EMI Network Card charges are minimal and it does not levy interest charges in the repayment amount and thus helps you to save money on your purchases. The same amount could get accumulated to a significant sum over a period of time under a credit card transaction.

Pre-approval benefits

With the Bajaj Finserv EMI Network Card, you get a high pre-approved loan amount of up to Rs. 1.5 Lakh. The pre-approval means that you can transact for up to Rs 1.5 lakhs without having to undergo any further processing or paperwork. Have been eyeing the latest smartphone? Get it without seeking anyone’s financial approval!

Documentation benefits

An EMI Card can be a really handy financial payment instrument to enable you to afford the latest gadgets, travel, and appliances among other things. For EMI card applications, all you need are your Aadhar card, PAN card, a cancelled cheque, a passport size photograph, and your ECS mandate duly signed. This process can be easily completed online!

On the other hand, with a credit card, all of the above paperwork has to be furnished in addition to salary proof and age proof. But it does not end there - you will also be asked to furnish your bills and receipts, financial transactions to ascertain your credit history.

With an EMI card, you can jump over this particularly taxing step of the process.

Ease in Application Process

The documentary requirement is not the only thing that makes the Bajaj Finsserv EMI Network card apply online process seamless; the convenience also extends to the eligibility requirements. Any individual between 21 and 60 years of age with a regular income can apply for an EMI card. To apply for a credit card, you need to be older than 18 with a regular income, a savings account, and good credit history and score.

Thus, a credit card and a Bajaj Finserv EMI Network card will serve different purposes - and if you are looking at purchasing appliances, household lifestyle goods, electronics or making travel bookings, an EMI card can come in especially handy. Now you can enjoy shopping on EMI without credit card!

Happy Customers of Finserv MARKETS

Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!

I am passionate about the vehicle I drive. I want to protect it with the best available option. What amazed me was the full transparency, quick quotes and the attractive discount on the premium while choosing the annual payment option!

Check your personal loan eligibility in seconds!

My husband and I will finally move into our own house this Diwali. All thanks to Finserv Markets, with competitive interest rates, minimal processing fees and easy to repay EMIs, our dream saw the light of reality in no time!

Get the best FD interest rates starting @ 8.40%. Let's start!

Kids grow up fast and to fulfill their dream trip to Disneyland I had everything but instant funds. With no collateral or guarantor required and a hassle-free processing, I gifted my family a memorable trip to Orlando with just a click!

Get sum insured up to 1 Crore! Let's start!

The best way to start looking for health insurance is to do a close study of the coverage needs and checking the insurance company's claim ratio. No unnecessary jargons, easy to apply claims process and choice of premium!

Zero additional charge on part-payment option on Business loans! Let's start!

I bought my first iPhone using my Bajaj Finserv EMI Network Card. Zero downpayment with a No cost EMI on Bajaj Finserv EMI store just made my day!

Get home loan sanctioned online in 72 hours! Let's start!