Avail No cost EMI available with your EMI Network Card

EMIs help you pay for products and services in instalments that are easy on the pocket. There are numerous credit solutions that offer this facility, one being the Bajaj Finserv EMI Network Card. With this card, you can choose the No Cost EMI option, which is better than regular EMIs. 

 

But before diving into why it is a better choice, you may wonder, “What is No Cost EMI?”. Simply put, a No Cost EMI is a repayment option that enables you to pay without any additional interest charges. 

 

With interest-free instalments, you only pay the actual product price as EMIs. This is in contrast to standard EMIs, where you pay interest for using this facility. Such charges end up adding up to 15% more to the original cost. 

 

Thus, the meaning of zero-cost EMI can be found in the term itself. In this case, you can enjoy paying in EMIs at no additional cost. By spreading the cost of your purchase into affordable monthly instalments, you can buy what you need without hurting your finances. 

 

With the Bajaj Finserv EMI Network Card, you can split the purchase price into No Cost EMIs across your chosen tenor. The general duration you can opt for goes up to 24 months, depending on what you are planning to buy. 

 

In some cases, the Bajaj Finserv No Cost EMI facility also helps you buy home appliances and gadgets without any down payment. To know how owning the Bajaj Finserv EMI Network Card allows you to leverage No Cost EMIs, read on.

What makes No Cost EMIs different from regular EMIs, is that there is no interest charge. So, if you borrow ₹24,000 on your card to buy furniture on EMI, you repay only ₹24,000. This is irrespective of whether you opt for a 3-month, 6-month, 12-month, or 24-month repayment period.

 

This means that if you wish to buy a laptop on EMI or a mobile on No Cost EMI, you can do so with your Bajaj Finserv EMI Network Card. All you will need to do is select the ‘No Cost EMI’ option at the payment gateway of Bajaj Finserv partner stores. 

 

Enter your EMI card details and the repayment tenor to proceed. Once you authenticate the payment, only the exact cost of the product will be deducted from your card. 

 

You will repay this in instalments through your preferred account, and as you repay, your limit will be restored.

It’s as easy as that to enjoy No Cost EMI without credit card if you have a Bajaj Finserv EMI Network Card. You can conveniently and easily use the No Cost EMI facility on your card and repay without any stress. 

 

Follow this step-by-step guide:   

• Step 1: Apply for the Bajaj Finserv EMI Network Card on Bajaj Markets (skip to step 4 if you already have the card)

• Step 2: Submit your KYC details and check your Bajaj Finserv EMI Network Card offers

• Step 3: Pay the fees and activate your card

• Step 4: Choose a product or service eligible for No Cost EMI payment plan

• Step 5: Proceed to check out and select the Bajaj Finserv EMI Network Card for payment

• Step 6: Choose a repayment tenor as per your requirements

• Step 7: Authorise the payment and get your chosen product/service

The Bajaj Finserv No Cost EMI facility offers you an alternative payment option to the traditional credit card. Here are some reasons why you should opt for it:

• It allows you to save more when you purchase products on EMI

• It enables you to convert your purchase into zero-cost EMIs, so you do not pay more than the listed cost 

• It comes with a pre-approved loan amount so that you can make big-ticket purchases

• It gives you access to exclusive offers 

• It allows you to pre-pay loans without any foreclosure charges

• It gives you the freedom of customising your repayment tenor on the Bajaj Finserv Customer Portal