The Bajaj Finserv EMI Network Card is a simple and convenient way to make big-ticket purchases. The EMI card comes with a pre-approved loan limit of up to ₹2 Lakhs. Using this loan amount, you can purchase anything you want from over 1.5 lakh sellers, at No Cost EMIs.
However, when you exhaust the pre-approved limit offered to you, you will not be able to make any new purchases. But, worry not! There’s a way to get away with this tiny roadblock. You can increase your loan limit. Bear in mind that the decision to accept or reject your proposal for loan limit increase is completely at the discretion of the provider.
Here’s how you can go about increasing the pre-approved limit on your Bajaj Finserv EMI Network Card:
First, contact Bajaj Finserv and let them know that you’re looking to increase your loan limit.
That’s it! This way, you can successfully increase your pre-approved loan amount! Then you can go ahead and make purchases at No Cost EMIs.
In case you do not want to increase your pre-approved loan limit but need to make new purchases, you can restore your loan limit by foreclosing one or more of your existing EMIs. Make sure to get in touch with your card issuer to understand the process of foreclosing better.
You can increase your loan limit on your Bajaj Finserv EMI Network Card by making diligent repayments, which may cause the creditor to review your limit.
The pre-approved loan offered to you depends on a number of factors such as your employment status, income level, credit score, etc. The maximum pre-approved loan offered for the Bajaj Finserv EMI Network Card is ₹2 Lakhs.
There is no specified minimum loan limit offered for the EMI card.
Yes, you can increase your pre-approved loan limit by getting in touch with Bajaj Finserv.
There’s no specified timeline for pre-approved loan enhancement. It really depends on the card issuer’s policies. But, if you’re keen on increasing your pre-approved loan limit, start by repaying all your EMIs fully and on time.