EMI Network Card Interest Rate

The best feature that sets the Bajaj Finserv EMI Network Card apart from its competitors is that the former has no interest charges associated with it. With the benefit of the no cost EMI, you are only required to pay a processing fee or a down payment against some purchases. You can use the Bajaj Finserv Insta EMI Card to buy items on EMI without a credit card and convert them to easy EMIs spread over 3 to 24 months. Even better, this benefit can be availed online as well as at over the 1.2 lakh partner stores spread across 2,900 cities.

To sum it up, here are a few pointers about the Bajaj Finserv EMI Network Card:

  • No interest is charged on your purchases

  • If you foreclose a loan after the payment of the first EMI, you do not need to pay any foreclosure charges

  • In most cases, your purchases using the Bajaj Finserv Insta EMI Card attracts zero down payment

  • A minimal convenience fee is charged depending on the type of product you purchase

  • An annual fee of ₹117 is only charged if you do not use your card for purchasing items on EMI in a year

  • A one-time fee of ₹530 is charged at the time of application

Eligibility to Apply for the Bajaj Finserv EMI Network Card

The card can be applied for by anyone who is at least 21 years of age (but under 60 years of age) and has a reliable source of income. You are required to submit the following paperwork in addition to the application form:

  • Aadhaar Card or PAN Card

  • Bank details and a canceled cheque

  • Personal details and a photograph

  • Completed and undersigned ECS Form

Process to Apply for the EMI Network Card

There are two ways in which you can apply for a Bajaj Finserv EMI Network Card - online and offline. Here is how:

  • Online: If you are an existing customer, you can apply for the EMI Card on the customer website if you meet the requirements. For the card to be obtained, you must pay ₹399. You will receive the card within 15 days.

  • Offline: When making purchases at any of the Bajaj Finserv partner stores using the EMI mode, you also have the choice to apply for and pay using the EMI Card. You will be guided through the application process by corporate staff who are present in these stores, who also complete the required paperwork.

Therefore, with zero interest rate on a Bajaj Finserv EMI Network Card, a vast selection of products, and exclusive offers are easily available. This is a must for each and every consumer.

Key Features and Benefits of Bajaj EMI Network Card

1. Purchase what you want

You can practically purchase anything using your EMI Card. On the EMI network, there are more than a million products from which you can choose. A wide variety of products, including groceries, home appliances, durables, electronics, fashion, furniture and furnishings, auto accessories, travel, sports, fitness, and health care, can be purchased with the card at any of the Bajaj Finserv retail stores or online partner stores. The card is accepted in more than 60,000 stores and is accepted in more than 1,300 towns across the nation. Each person's loan eligibility is determined by a variety of factors and might range up to ₹2 Lakhs. The Wallets App contains a comprehensive list of all Bajaj Finserv partner locations (In the EMI Option). As an alternative, you can find the required store by visiting the website ( The ability to filter the list by the city’s name, product category, product name, and partner makes navigation easier.

2. Repay Whenever it is Convenient For You

Customers of Bajaj Finserv get total repayment flexibility. Customers have the option of making monthly payments for their purchases. Depending on your convenience and simplicity, you can choose a repayment period. Options range from three to twenty-four months.

3. Minimal and easy paperwork

The process of applying for the EMI Card is easy. Simple and minimal documentation is required. At the time of the purchase, you are not required to present any additional documents.

4. Exciting Offers

The EMI network's partners frequently present fantastic deals. By applying for an EMI Network Card, you can also benefit from these offers.

5. Safe and Easy Online Shopping

The prefered method of buying for many consumers today is online shopping. Therefore, it is crucial that the payment systems are set up to handle the numerous fraudulent activities that are connected to the internet. With its several security layers, the Bajaj Finserv EMI Network Card guarantees safe and simple shopping across a variety of e-commerce platforms.

6. Zero Hidden Charges

You receive exactly what you see with the EMI Card. There aren't any extra fees concealed behind confusing terms and conditions.

7. Minimal Processing Fee

The majority of the goods sold through the EMI network have either no or very little processing costs. As a result, in the vast majority of situations, there is no Bajaj Finserv EMI Network Card interest rate. Customers pay the full purchase price, divided into equal monthly payments.

8. Minimal Down Payment

Customers can purchase their favorite products (most of them) using the Bajaj Finserv EMI Card without worrying about making any upfront payments. Only a little down payment is necessary for a small number of product categories.

9. Foreclosure as Per Customer’s Direction

After six months have passed after the loan's disbursement date, customers have the option of foreclosing the loan at any time. There are no additional or punitive fees.

Get No-Cost EMIs at leading online stores. Shop using your Bajaj Finserv EMI Network Card

FAQs on Bajaj Finserv EMI Network Card Interest Rate

✔️What is the interest rate of Bajaj Finserv EMI Network Card?

There are no interest charges levied on using the Bajaj Finserv EMI Network Card for purchases. It lets you buy the items you like at no-cost EMI.

✔️What are the loan foreclosure charges of a Bajaj Finserv EMI Network Card?

After paying the first EMI if you foreclose your loan, no foreclosure charges will be levied for the EMI card.

✔️What is the interest payable for purchase of ₹1 Lakh using the Bajaj Finserv EMI Network Card?

No interest has to be paid on your purchase of ₹1 Lakh. You can purchase the products of your choice at no-cost EMI with 0 interest rate by using the EMI card at any of the partner stores or websites.

✔️Are purchases made using the Bajaj Finserv EMI Network Card interest free?

Yes, you can purchase any product from any of the partner stores or websites of Bajaj Finserv at no-cost EMI using the Bajaj Finserv EMI Network Card.

✔️What is the minimum amount to make a purchase through Bajaj Finserv EMI Network Card?

There is no minimum purchase requirement when using a Bajaj Finserv EMI Network Card. You can purchase your preferred items and break down the cost into manageable EMIs.

✔️Can I withdraw cash using my Bajaj Finserv EMI Network Card?

Your Bajaj Finserv EMI Network Card cannot be used to withdraw cash from ATMs or other machines or platforms.