What is an EMI Card?

Managing upfront costs can be hard. What an EMI card does is, it lets you split the cost in manageable monthly payments spread across a set tenor. It is a financial tool that helps you make purchases on credit.

Equated Monthly Instalments (EMIs) help you spread a substantial cost into affordable, manageable payments over your chosen tenor. With Easy EMIs, you can manage your finances better and benefit from zero added costs related to interest. 

 

Whether you are buying a smartphone or booking a vacation, EMIs allow you to enjoy your purchase immediately while repaying it in smaller amounts each month. That makes EMI an attractive option if you are looking for flexibility and affordability.

The Bajaj Finserv EMI Network Card is one of India’s most popular EMI cards. Also known as the Bajaj Finserv Insta EMI Card, it helps you break down the cost of expensive purchases into easy monthly instalments. It offers a pre-approved loan limit of up to ₹3 Lakhs, with which you can shop for over a million products on easy EMIs. 

 

The card is valid across 1.5 lakh partner stores nationwide from whom you can purchase electronics, furniture, flight tickets, appliances, and more. You can use it to finance consumer durables and more, both online and offline.

Getting this card is easy, and all you need to do is fulfil simple eligibility parameters related to your earnings, credit history, and age. To qualify, you need to: 

• Be an Indian 

• Be between 21 and 65 years of age

• Have a credit score of 720 or more

• Have a regular source of income 

 

If you meet these criteria, keep the following documents ready to apply easily:

• PAN card

• Aadhaar card

• Address proof

• Bank account number and IFSC details

Now that you have understood what the Bajaj Finserv EMI Network Card is, here is the process to apply for it through Bajaj Markets

1. Click on the ‘APPLY NOW’ tab at the top of the EMI card page

2. Provide your mobile number and click on ‘GET IT NOW’ 

3. Enter the OTP you receive on your registered mobile phone to verify and proceed 

4. Enter additional details like gender, PAN details, email address, PIN code, etc.

5. Check your loan limit by clicking the ‘Proceed’ button and click on the same again to begin your KYC process

6. Complete your KYC process and pay ₹599 (inclusive of taxes) to activate your card

7. Fill in your banking details to set up the e-mandate

Bajaj Finserv has partnered with over 1.5 lakh stores to provide easy EMIs. Using its EMI Card, you can enjoy great discounts and deals on select products across major e-commerce platforms. 

 

This card also enables you to access products at easy EMIs on platforms like the Bajaj Mall with added advantages. You can enjoy perks, such as convenient monthly payments, and a minimal or zero-down payment facility. Some of Bajaj Finserv’s partners include:

• Reliance Digital

• Croma

• Vijay Sales

• Amazon

• Flipkart

 

For instance, say you want to buy a smartphone at Croma for ₹40,000 and want to pay in EMIs across 4 months. With the Insta EMI Card, you do not need to pay any added interest. All you need to do is pay ₹10,000 each month for a tenor of 4 months. 

 

In some cases, you will need to pay a small processing fee. What’s more, if you want to foreclose your loan before the end of 4 months, you can do so at no additional cost after paying the first EMI.

Products to Shop on Easy EMIs
AC on EMI	Laptops on EMI	Refrigerators on EMI	Phones on EMI	Home Decor on EMI
Bed on EMI	Tables on EMI	Sofa Sets on EMI	Mattress on EMI	Furniture on EMI
Travel on EMI	Flights on EMI	Tour Packages on EMI