Amazon No Cost EMI Shopping

No Cost EMI on Amazon with Bajaj Finserv EMI Network Card

E-commerce has revolutionised retail, and with the various deals now available at your fingertips, you also have lucrative options to finance your purchases. This post discusses the Bajaj Finserv EMI Network Card, which gives you the option of availing no cost EMI on Amazon.

Amazon No Cost EMI

EMI, or equated monthly instalment is a system of payment wherein a total amount is divided into parts and paid monthly. Depending on the term you would like to choose, you can payback in either 3, 6, 12, or more months. So, instead of paying for a purchase immediately, you can split the payment over a few months, thereby reducing the instant financial burden usually imposed by a purchase.

How does no cost EMI work?

EMIs usually come with interest, so if you buy something worth a certain amount, you can expect to pay some interest on it, with the interest added to your monthly instalment.

If paying for a product using No Cost EMI, you would not be paying any interest while making the monthly payments, however, the regular route (normal EMI) would involve you paying back a part of the cost of the product as well as a part of the interest every month, effectively increasing the total amount you pay.

How to use Bajaj Finserv EMI Network Card on Amazon?

Bajaj Finserv has tied up with Amazon to bring you no cost EMI on more than 10 crore products. Neither do you require a credit card, nor are you charged any interest. All you need to get started is a Bajaj Finserv EMI Network Card!

You only have to follow five simple steps to start shopping with your Bajaj Finserv EMI Network Card on Amazon:

• Visit the Amazon website.

• Browse and select the product you would like to buy – remember, you can choose from over 10 crore products!

• While checking out, choose Bajaj Finserv No Cost EMI as the payment method.

• Select the number of instalments (months) you would like to split the payment into.

• Confirm your order securely with an OTP, and you’re done!

With these five easy steps, you can purchase products with no cost EMI on Amazon.

Benefits of the Bajaj Finserv EMI Network Card

Apart from being able to pay for purchases with no cost EMI on Amazon, here are a couple of other features of the Bajaj Finserv EMI Network Card:

• Flexible tenures

The Bajaj Finserv EMI Network Card lets you choose from various repayment durations, ranging from 3 months to 24 months, which allows you to pick a repayment plan that best suits your needs.

• Hassle-free application

The application process is fairly straightforward, only requiring the submission of some documents once, after which you can use your card to purchase products using the no cost EMI facility.

• Easy online shopping

Unable to take time out to head out and shop? Don’t worry! The Bajaj Finserv EMI Network Card gets you no cost EMI on the best deals available across online platforms. You can use the card to purchase products like mobiles on emi, AC on EMI, laptops on EMI, furniture on emi and much more!

• Pre-approved loans

Once you receive a Bajaj Finserv EMI Network Card, you are also eligible for a pre-approved loan of up to ₹ 1,50,000 which you can use at any of Bajaj Finserv’s 84,200+ partner stores spread across more than 1,300 cities.

• No foreclosure charges

Usually, if a borrower wishes to settle a loan and pay before the duration ends, it attracts charges from the lender. With the Bajaj Finserv EMI Network Card, however, that is not the case. You can complete the entire payment before the duration, and not have to pay a single rupee as foreclosure charges.

Get your Bajaj Finserv EMI Network Card!

So, if you don’t have a Bajaj Finserv EMI Network Card already, now is as good a time as any to get one.  You can head over to Finserv MARKETS and explore the Bajaj Finserv EMI Network card apply online feature.