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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.

How Does No Cost EMI Work

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.

How to Avail No Cost EMI

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

Why Choose Bajaj Finserv EMI Network for No Cost EMI

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

No-cost EMI Shopping - Shop with No Cost EMI Online at Bajaj Markets

No Cost EMI Shopping - Shop in No Cost EMI Online at Bajaj Markets

Shop with No Cost EMI at Bajaj Finserv Partner Stores

1. Lifestyle Products on No Cost EMI

You can use the EMI card to purchase a range of products from international and domestic brands. Some of the categories have been listed below:

  • Clothes

  • Ornaments

  • Jewellery

  • Furniture

  • Shoes

  • Watches

  • Bags

Enjoy No Cost EMIs on your Bajaj Finserv EMI Network Card to save more from brands like: 

  • Myntra

  • Lifestyle

  • Shoppers Stop

  • Hush Puppies

2. Furniture on No Cost EMI

You can use the Bajaj Finserv EMI Network Card to buy furniture on EMI and spruce up your home without paying any additional charges or straining your finances. Choose from:

  • Sofas

  • Beds

  • Bookshelves

  • Shoe racks

  • Cupboards 

  • Tables and chairs 


Pay in easy EMIs at popular partner stores such as: 

  • Hometown

  • Pepperfry 

  • @home by Nilkamal

3. Electronics on No Cost EMI 

Buy any electronic appliances from Bajaj Finserv partner stores or websites using the EMI Card. 

  • Laptops on No Cost EMI


Buy the latest laptop on EMI from brands like:

a) HP

b) Asus

c) Dell

d) Lenovo

e) Apple 


All you need to do is use the Bajaj Finserv EMI Network Card. You can enjoy No Cost EMI on Amazon or No Cost EMI on Flipkart or any offline store and get your desired laptop conveniently. 

  • TVs at No Cost EMI


Want to get the latest television for your home but falling short of funds? Simply use the Bajaj Finserv EMI Network Card to buy a TV on EMI and enjoy your favourite movies and shows.

  • Mobiles on No Cost EMI


Get mobiles from Oppo on EMIRealme on EMIVivo on EMIMi on EMIOnePlus on EMI, and more. All partner stores offering electronics allow you to purchase phones on No Cost EMI when you use the EMI Network Card. 

  • ACs on No Cost EMI


Want to beat the heat with a brand-new air conditioner without straining your budget? Pay with the Bajaj Finserv EMI Network Card and get an AC on EMI from a variety of top brands.

4. Travel reservations on No Cost EMI

Booking work trips or holidays is easy and convenient using the Bajaj Finserv No Cost EMI facility. 

  • Flight tickets on No Cost EMI


You can buy flight tickets on EMI with the Bajaj Finserv EMI Network Card. The card is applicable on the travel partners’ website, so you can buy tickets on Goibibo at No Cost EMIsMakeMyTrip on No Cost EMI, and more.


With answers to the question, “What is No Cost EMI?”, you now know how it works and why it is a good option. To get started, simply click on ‘APPLY NOW’ on this page and fill out the digital application form.

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FAQs on No Cost EMI

With the Bajaj Finserv EMI Network Card, you can enjoy zero-cost EMIs when making payments at partner stores, both online and offline. The pre-approved loan of up to ₹2 Lakhs enables you to purchase products of your choice and pay in EMIs with low or no down payment requirements.

No. Unfortunately, you cannot change your EMI plans after the transaction for the Bajaj Finserv No Cost EMI facility is complete. 

The No Cost EMI meaning is simple; there is no interest charged over and above the purchase cost of a product. As a result, you pay only the actual cost of the product in monthly instalments of your choice.

The Bajaj Finserv No Cost EMI option is ideal as you can pay for high-value products in instalments without any additional interest. Institutions generally charge interest for EMI facilities. As a result, the EMI card lets you pay only the actual cost of the item you buy.

Take a look at this example to understand the No Cost EMI facility available through the Bajaj Finserv EMI Network Card. Imagine you want to purchase the latest smartphone that costs ₹60,000 through an EMI payment plan.


You will only have to pay ₹5,000 every month if you have a 12-month repayment period (₹60,000 divided by 12). There is no interest charge since the card offers the No Cost EMI feature. 


However, if you were to opt for a standard EMI plan, one that has an interest charge, the total costs would increase.

Yes, the Bajaj Finserv No Cost EMI facility is a great option. This is because you do not pay any interest charge and pay for the product in manageable instalments. The facility becomes an even better option for big-ticket purchases as the interest on it can be higher. 

Yes, you can choose to opt for a No Cost EMI from Bajaj Finserv when you exchange an old product to buy a new one. The amount of EMI on such a purchase will be calculated after adjusting the value of the old product. 


However, you need to check if your new product is eligible for the No Cost EMI facility.

Yes, this is because the No Cost EMI facility via the Bajaj Finserv EMI Network Card allows you to pay in instalments without interest charges. This helps you save more as compared to the standard EMIs, where interest charges increase the overall cost of the product or service.

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