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
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.