Buy Mobile Phones on EMI

Buy the Latest Mobile on EMI

Thanks to the latest financial instruments, getting the latest devices available in the market has now become affordable. In fact, you can get a mobile phone on EMI without a credit card. This is a facility you can avail with the Bajaj Finserv EMI Network Card, and it makes shopping a lot easier. 

With this card, you can get a mobile on EMI from leading brands and split the cost into instalments spread across 3 - 24 months. Best of all, you can purchase a mobile on EMI online with the Bajaj Finserv EMI Network Card online from your favourite retailers. 

Some of the Best EMI Offers on Mobiles at Bajaj Finserv Partner Stores

Bajaj Finserv has teamed up with some of the best smartphone providers to offer you convenience, value for money, and variety. Here is a quick look at some of the best No Cost EMI smartphones that can be purchased using your EMI Network Card. 

1. Samsung Galaxy A14 5G (Dark Red, 128GB + 8GB)

The Samsung Galaxy A14 5G offers various connectivity options, including 5G, WiFi, Bluetooth, USB, and GPS. The 50MP primary camera and a 13MP front camera setup allow you to capture high-quality photos and videos. 

The phone has a battery capacity of 5,000mAh, making it an excellent option for extended usage. With its 6.6-inch display (in the full rectangle), the Samsung Galaxy A14 5G is perfect for watching videos and browsing.

Price of the mobile phone on EMI: 

• ₹2,749.83 per month for 6 months

• ₹5,499.67 per month for 3 months

2. Redmi Note 12 Pro Plus 5G (Iceberg Blue, 256GB + 8GB)

The Redmi Note 12 Pro+5G has various connectivity options, including 5G, WiFi, Bluetooth, USB, and GPS. Its camera setup is impressive, as it has a triple-camera setup consisting of 200MP, 8MP and 2MP shooters. 

The phone's 4980mAh battery allows hours of usage, and its large 6.67-inch display is perfect for entertainment and browsing. The Redmi Note 12 Pro Plus 5G is a reliable and high-performing smartphone.

Price of this mobile phone on EMI: 

• ₹3,333.22 per month for 9 months

• ₹4,999.83 per month for 6 months

• ₹9,999.66 per for 3 months

3. OPPO A78 5G (128GB + 8GB)

The OPPO A78 5G boasts several connectivity options, including 5G, WiFi, Bluetooth, USB, and GPS. The phone's camera includes a 50MP primary camera and a 

8MP depth sensor, delivering high-quality photos and videos. 

Its battery capacity of 5000 mAh means you can use the phone for hours on a single charge. Best of all its features, the MediaTek 6833 CPU, clocking up to 2.2Ghz, making it a viable choice for gaming too. 

Price of this mobile phone on EMI:

• ₹3,469 per month for 6 months. 

4. iQOO 11 5G (Alpha, 256GB + 8GB)

The iQOO 11 5G boasts several top features ranging from a 2K 144Hz AMOLED panel to 256GB storage, and more. You can get this device in 2 performance variants – 8GB and 16GB RAM. Whichever you choose to go with, know that you can enjoy a lag-free experience with either. 

This smartphone has a 5,000mAh battery, and it supports 120w Flash Charge, meaning you do not have to worry about downtime all through the day.

Price of the mobile phone on EMI:

• ₹ 9,999.83 per month for 6 months

• ₹ 19,999.67 per month for 3 months

Advantages of Buying a Mobile on a No Cost EMI with the Bajaj Finserv EMI Network Card 

There are many advantages of buying a mobile on EMI online using the Bajaj Finserv EMI Network Card. Check out some of the top benefits below.

• Zero Down Payment 

You need not pay any sum as a down payment. Simply purchase the phone and convert the entire cost into easy, No Cost EMIs.

• No Credit Card is Required

You can buy a mobile on EMI without a credit card. So, even if you do not have access to a bank credit card, the Bajaj Finserv EMI Network Card lets you buy now and pay later.

• High Pre-Approved Loan

With the Bajaj Finserv EMI Network Card, you get a high pre-approved loan of up to ₹2 Lakhs. This means you can buy expensive mobile phones on EMI easily. 

• No Cost EMIs

When you shop for mobile phones on EMI with the Bajaj Finserv EMI Network Card, you need not pay any interest on the equated monthly instalments. 

• Flexible Repayment Tenure

You can pay the purchase price back over a flexible repayment tenure ranging from 3 to 24 months. 

Why Should You Buy a Mobile on EMI?

Don't put off buying a new phone or settling for less. Instead, choose to purchase a mobile on No Cost EMIs that has several benefits. When buying a mobile on EMI, you can enjoy flexible repayment tenure, zero down payment, and maximum affordability. 

These benefits make the Bajaj Finserv EMI Network Card a great option for purchasing a mobile online or offline.

• Easy on the Pocket: 

Buying a phone on EMI or using a debit card can help you avoid the burden of paying the full price at once. With EMI options, you can easily purchase a high-end mobile without worrying about the upfront payment.

• The Best Phone Becomes More Affordable:

A smartphone's price increases with its specification level. You can buy your preferred phone without paying the entire price upfront when you pay on EMI because you are not required to pay the entire amount at once.

• Additional Savings on Buying a Mobile on EMI:

Since you are not charged any additional fees (0% interest), purchasing in instalments gets considerably more appealing when you have the option of No Cost EMI phones. In addition, the cash you saved by paying in advance is earning interest in your bank account.

How Does No Cost EMI Work?

No Cost EMIs let you pay in small monthly amounts instead of the entire sum at once. Regular EMIs include interest and processing costs, while no-cost EMIs have zero interest. Regular EMIs come with interest rates from 8% to 15% and a processing fee from 0.5% to 3%.

For instance, if you purchased a product for ₹12,000 and chose the regular EMI option of 6 months, the payment would be split as follows: 

• 6 months is the EMI's term.

• ₹12,000 is the principal amount.

• Interest rate = 12% - ₹720

• 2% processing fee - ₹240 

• Your EMI would be ₹2,071

• So, you end up paying  ₹12,663 (663 more than the actual cost)

However, in the case of No Cost EMI with the Bajaj Finserv EMI Network Card, the payment would be split as follows: 

• 6 months is the EMI's term.

• ₹12,000 is the principal amount.

• Your EMI would be ₹2,000

• So, you end up paying ₹12,000 (the same amount as the actual cost but split over a period of 6 months)

How to Shop the Latest Mobile Phones on EMI Using the Bajaj Finserv EMI Network Card

You can use the Bajaj Finserv EMI Network Card to shop for mobile phones on EMI without a credit card. Here is what you need to do to shop for mobiles online on EMIs.

• Step 1: Go through the latest collection of No Cost EMI phones

• Step 2: Select the phone you want to purchase by clicking on ‘Buy Now’

• Step 3: Choose the ‘No Cost EMI’ option

• Step 4: Use Bajaj Finserv EMI Network Card as the payment mode

• Step 5: Select your preferred repayment tenure

• Step 6: Enter your card details and verify the same using the OTP sent to your registered mobile

• Step 7: Confirm your order to complete the transaction

For offline shopping, you can use your Bajaj Finserv EMI Network Card to pay for the purchase at the store itself. Here is what you need to do:

• Step 1: Visit any Bajaj Finserv partner store near you

• Step 2: Choose a smartphone and use your EMI Network Card to pay for the purchase

• Step 3: Select a convenient repayment tenure

• Step 4: Share your EMI Network Card details

• Step 5: Share the OTP sent to your registered mobile to complete your purchase