Anuj was looking to buy a new television along with a home theatre system and had decided he would visit a store over the weekend so he could talk to the salesperson about EMI options. When discussing this with his colleagues, he was advised to check deals on Amazon. Following their advice, he did, and chanced upon something called ‘No Cost EMI’. When he dug deeper, he realised that with the Bajaj Finserv EMI Card, he can get products for no cost EMI on Amazon, meaning not a single rupee of interest. Ecstatic, he applied for the Bajaj Finserv EMI card that very instant.
E-commerce has revolutionised retail, and with the various deals now available at your fingertips, you also have lucrative options to finance your purchases. This post discusses the Bajaj Finserv EMI Card, which gives you the option of availing no cost EMI on Amazon.
EMI, or equated monthly instalment is a system of payment wherein a total amount is divided into parts and paid monthly. Depending on the term you would like to choose, you can payback in either 3, 6, 12, or more months. So, instead of paying for a purchase immediately, you can split the payment over a few months, thereby reducing the instant financial burden usually imposed by a purchase.
EMIs usually come with interest, so if you buy something worth a certain amount, you can expect to pay some interest on it, with the interest added to your monthly instalment.
If paying for a product using No Cost EMI, you would not be paying any interest while making the monthly payments, however, the regular route (normal EMI) would involve you paying back a part of the cost of the product as well as a part of the interest every month, effectively increasing the total amount you pay.
Bajaj Finserv has tied up with Amazon to bring you no cost EMI on more than 10 crore products. Neither do you require a credit card, nor are you charged any interest. All you need to get started is a Bajaj Finserv EMI Card!
You only have to follow five simple steps to start shopping with your Bajaj Finserv EMI Card on Amazon:
With these five easy steps, you can purchase products with no cost EMI on Amazon.
Apart from being able to pay for purchases with no cost EMI on Amazon, here are a couple of other features of the Bajaj Finserv EMI Card:
The Bajaj Finserv EMI Card lets you choose from various repayment durations, ranging from 3 months to 24 months, which allows you to pick a repayment plan that best suits your needs.
The application process is fairly straightforward, only requiring the submission of some documents once, after which you can use your card to purchase products using the no cost EMI facility.
Unable to take time out to head out and shop? Don’t worry! The Finserv EMI Card gets you no cost EMI on the best deals available across online platforms. Not only can you use the card to purchase products on the top e-commerce websites, but you can also use it on platforms such as MakeMyTrip, Yatra, Pepperfry, etc.
Once you receive a Bajaj Finserv EMI Card, you are also eligible for a pre-approved loan of up to ₹ 1,50,000 which you can use at any of Bajaj Finserv’s 84,200+ partner stores spread across more than 1,300 cities.
Usually, if a borrower wishes to settle a loan and pay before the duration ends, it attracts charges from the lender. With the Bajaj Finserv EMI Card, however, that is not the case. You can complete the entire payment before the duration, and not have to pay a single rupee as foreclosure charges.
So, if you don’t have a Bajaj Finserv EMI Card already, now is as good a time as any to get one. You can head over to Finserv MARKETS and explore the Bajaj Finserv card apply online feature.