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Get No-Cost EMIs at leading online stores. Shop using your Bajaj Finserv EMI Network Card

About Bajaj Finserv EMI Network Card

Shopping has never been so convenient! The Bajaj Finserv EMI Network Card allows you to convert your expenses into easy and customised equated monthly instalments (EMIs) and repay at your convenience. The exclusive Bajaj Finserv EMI Network Card comes with a pre-approved loan of ₹2 Lakhs that you can use to pay for electronics, gadgets, lifestyle products, and so on. You can use it to buy items online or from any of the 1.2 Lakh partner stores. There are also exciting offers and discounts you can get when you use the Bajaj Finserv EMI Network Card.

Features and Benefits of the Bajaj Finserv EMI Network Card

Here are some of the major features of the Bajaj Finserv EMI Network Card that make all your purchases affordable and convenient:

  • Get a Pre-Approved Loan

The Bajaj Finserv EMI Network Card offers a pre-approved loan of up to ₹2 Lakhs.

  • Enjoy a Flexible Repayment Tenure

You can choose the convenient repayment tenure of 3, 6, 9, 12, 18, or 24 months.

  • A Quick and Easy Approval

Minimal documentation is required while applying for the EMI Network Card, and zero documentation is required for the Bajaj Finserv EMI Network Card.

  • An EMI Network across 2900 cities

The EMI Network includes online stores as well as 1.2 Lakh partner stores spread across 2,900+ cities. You can choose from over 1.2 million products.

  • Pay No Foreclosure Charges

The EMI Card lets you pre-close your loan at any time without paying any foreclosure charges.

  • Shop More With No-Cost EMIs

The Bajaj Finserv EMI Network Card lets you save more with no-cost EMI.

  • Plenty of Pre-approved Offers

Enjoy pre-approved offers on partner stores such as Amazon, Flipkart, and more!

  • Minimal Processing Fees

Most items on the EMI Network levy a minimal or no processing fee.

  • An Affordable Down Payment

Buy items, including ACs, laptops, or mobiles, on EMI with minimal or no down payment.

How to Apply for the Bajaj Finserv EMI Network Card

You can apply for an EMI Card both online as well as offline. Here is the step-by-step guide to applying for a Bajaj Finserv EMI Network Card.

How to Apply for an Insta EMI Card Online

  • Step 1: Click on the ‘Apply Now’ option on the Bajaj Markets page, or open the app.

  • Step 2: Select your profession, enter your registered mobile number, date of birth and your name as per your PAN Card. Read and accept the terms and conditions

  • Step 3: Click on the ‘Next’ option. 

  • Step 4: you will be asked to validate the transaction using the OTP sent to the registered mobile number

Once you view your approved EMI Card offer, you would need to enter a few details, complete the KYC verification process, and pay the application fee of ₹530. As the last step, you would need to authorise the e-mandate process, post which you would be able to view and access your Insta EMI card in your wallet.

How to Apply for the Bajaj Finserv EMI Network Card Offline

  • Step 1: Opt for in-store financing at partner stores such as Croma, Reliance Digital, Vijay Sales, Big Bazaar, Shoppers Stop, and Sargam Electronics

  • Step 2: Select the items you want to purchase from the store

  • Step 3: Notify a store representative that you want to opt to apply for the Bajaj Finserv EMI Network Card offline 

  • Step 4: Provide some basic documentation for verification purposes

  • Step 5: Post verification, access your EMI Card on the Bajaj Markets app.

Apart from online or offline shopping, you can also pay for a variety of financial products offered on the Bajaj Markets platform in EMIs without a credit card using the EMI Card. However, please note that the first transaction must be done at one of the partner stores.

Fees and Charges of the Bajaj Finserv EMI Network Card

The fees and charges of the Bajaj Finserv EMI Network Card are mentioned below:

 

Types of Fees & Charges

Amount (₹)/Percentage (%)

EMI Network Card Fee

₹530/- (Inclusive of applicable taxes)

Annual Fee

₹117/- (Inclusive of applicable taxes). Annual fee will only be charged to the EMI Network Card holders who have not availed any loan using the EMI Network Card in the preceding year. The duration of the preceding year is calculated 12 months from last year’s validity month, which is printed on the face of your EMI Network Card. For example, If the EMI Network Card is issued in the month of February 2019 (referred to as ‘Member Since’, on the EMI Network Card) the date for payment of the annual fee will be March 2020.

Add-on EMI Network Card Fee

₹199/- inclusive of applicable taxes

 

Fees & Charges Applicable on Availing a Loan via an EMI Card

 

Types of Fees & Charges

Amount (₹)/Percentage (%)

Processing Fee

Up to ₹1017 (inclusive of applicable taxes) collected upfront

Bounce Charge

₹450 (Inclusive of applicable taxes) per bounce in case of default by reason of the repayment instrument(s) being dishonoured

Penal Interest

Any delay in payment of a monthly instalment shall attract penal interest at the rate of 4% per month on the instalment outstanding, from the respective due date until the date of receipt.

Mandate Rejection Charge

₹450 (Inclusive of applicable taxes) per month from the first instalment due date for mandates rejected by customers bank until the new mandate is registered.

Mandate Registration Charge

₹118 (inclusive of applicable taxes) if applicable 

Loan Enhancement Fee

₹117 (inclusive of applicable taxes) for temporary increase in EMI card limit for the loan transaction. Same will be charged only for an increase in limit in excess of ₹999/- to be collected along with the 1st instalment.

Convenience Fee

₹117 (inclusive of applicable taxes) will be collected along with the 1st instalment.

Transaction Fee**

₹147 (inclusive of applicable taxes) will be collected along with the 1st instalment.

 

** "Transaction fee" refers to sum payable by customer (i) who does not hold a valid EMI card; (ii) to whom the loan is facilitated; and (iii) at the time of making payment of first EMI/upfront payment as part of loan transaction

Eligibility Criteria and Documents Required for Bajaj Finserv EMI Network Card

Eligibility Criteria for the Bajaj Finserv EMI Network Card

Whether you are looking to apply for a Bajaj Finserv EMI Network card the eligibility criteria are as follows:

 

  • For the Bajaj Finance EMI Network Card, you must be between 21 and 65 years of age

  • You must have a regular and steady source of income

  • You must be an Indian national

Documents Required for the Bajaj Finserv EMI Network Card

If you are applying online for a Bajaj Finserv EMI Network Card, you need no documentation. 

In case you are applying for an EMI  Card offline, you must provide the required KYC documents. 

Check out Bajaj Finserv EMI Network Card Charges to know more.

Online and Offline Steps to Shop Using the Bajaj Finserv EMI Network Card

The Bajaj Finserv EMI Network Card can be used to shop and get attractive offers at our partner stores online and offline, thus helping you to save more with each purchase. Here are the steps for the same:

Online steps to shop with an Insta EMI Card

  • Step 1: Go to the partner website.

  • Step 2: Select the product(s) you wish to buy and proceed to pay.

  • Step 3: Confirm your delivery address and email id.

  • Step 4: Choose ‘EMI’ as your mode of payment and then click on ‘No-Cost EMI’.

  • Step 5: From the list of options, choose Bajaj Finserv EMI Network Card.

  • Step 6: Choose the repayment tenure.

  • Step 7: Confirm your card details and click on ‘Buy’.

  • Step 8: Sit back and wait for your product to be delivered.

Offline steps to shop with an EMI Card

  • Step 1: Visit a partner store.

  • Step 2: Choose the item you wish to purchase.

  • Step 3: Select the repayment tenure.

  • Step 4: Provide your EMI Card Details.

  • Step 5: Purchase the product by sharing the OTP sent to your registered mobile.

Apply for the Bajaj Finserv EMI Network Card at Bajaj Markets

How to get an EMI Card using the Bajaj Markets app

The Bajaj Finserv EMI Network Card is a payment instrument that lets you convert all your purchases into No-cost EMIs. Applying for the EMI Card is simple, instant, and 100% online.

 

You can apply for the Bajaj Finserv EMI Network Card by following these steps!

  • Step 1: Visit the ‘Cards’ section on the Bajaj Markets app.

  • Step 2: Choose EMI Card from the given options and click on ‘Apply Now’

  • Step 3: Verify your phone number by requesting an OTP. 

  • Step 4: Select your profession and enter your registered mobile number, date of birth in DD/MM/YYYY format and your name as per PAN card.

  • Step 5: Click on ‘Check Your Offer’ 

  • Step 6: Once you’ve reviewed your approved EMI Card offer, you would need to enter a few details. Complete the KYC verification process, and pay the one-time application fee of ₹530.

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FAQs about Bajaj Finserv EMI Network Card

✔️What is the cost of the Bajaj Finserv EMI Network card?

The Bajaj Finserv EMI Network Card joining fee is ₹530. An annual fee of ₹117 (inclusive of taxes) is levied in case no loan is taken on EMI network card for a year.

✔️What is the Bajaj Finserv EMI Network Card?

The Bajaj Finserv EMI Network Card allows you to convert purchases into easy and customised equated monthly instalments using a pre-approved loan of ₹2 Lakhs that you can repay conveniently. You can use it to choose from over 1.2 million products, such as electronics, gadgets, lifestyle products, etc. You can use the card online as well as at any of the 1.2 Lakh partner stores. There are also exciting offers and discounts when you use the Bajaj Finserv EMI Network Card.

✔️How do I register for a Bajaj Finserv EMI Network Card?

To register for a Bajaj Finserv EMI Network Card, click on the “Apply Now” option on the Bajaj Markets website or app, enter some basic details and check your offer. Complete the verification process in a few quick, easy steps and pay the fees to activate your EMI Card.

✔️What are the EMI plans for using a Bajaj Finserv EMI Network Card?

The EMI plans on the Bajaj Finserv EMI Network Card spread over 3, 6, 9, 12, 18 and 24 months. Depending on your purchase for no-cost EMI, relevant plans will be shown on the payment page during checkout.

✔️How can I contact Bajaj Finserv customer care?

You can call the Bajaj Finserv customer care number 0869 801 0101 to speak to a representative. Alternatively, you can visit the Bajaj Finserv Customer Portal and resolve your queries.

✔️How is a loan taken on the Bajaj Finserv EMI Network Card repaid?

The loan amount can be repaid in Equated Monthly Instalments (EMIs) based on the repayment tenure you choose at the time of purchase. You can also foreclose your loan at any time without having to pay any foreclosure charges.

✔️How can I pay for my health insurance in EMIs?

To pay your health insurance in EMIs, you would need to select your desired medical plan and proceed with premium payment in easy instalments using your Bajaj Finserv EMI Network Card. The Bajaj Finserv Digital Health EMI Network Card is also a great option to get EMI benefits for more than 800 treatments in 1,000+ cities.