Are you looking to make a big-ticket purchase but finding it hard to pay for it upfront? Well, worry no more as the new Bajaj Fiserv Insta EMI Card is here to help. With this powerful financial instrument at your disposal, you can now make purchases without worrying about upfront payment.
In this article, we’ll guide you through the steps involved in making a purchase with the Bajaj Finance EMI card and how it can help you purchase your dream product like the new Violin no cost EMI.
What is the Bajaj Finance EMI Card?
The Bajaj Finserv Insta EMI card is a financial instrument that allows you to convert your expensive and big-ticket purchases into easy monthly installments. The idea behind the card is to help individuals who cannot afford to make upfront payments but can manage to pay in smaller installments over a certain period.
How does it work?
The Bajaj Finance Card works on the principle of a pre-approved loan. So, when you make a purchase, the amount is automatically deducted from your EMI card limit. You can opt to repay the amount over a chosen stipulated period ranging from 1 to 60 months. The card comes with no hidden charges and a nominal processing fee.
How to get a Bajaj Finance EMI Card?
If you’re interested in getting your hands on the Bajaj Finance EMI card, it’s a pretty straightforward process. Firstly, you need to be an Indian citizen and over the age of 21 years. Secondly, you need to furnish a few necessary documents such as your KYC (Know Your Customer) details, address proof, and income proof. Once you have all these in place, you can apply for the card either online or by visiting any of the nearest Bajaj Finserv branches. Once you submit your application, it gets verified, and your credit limit gets approved. With this, you’ll be good to go and can start making purchases with your EMI card.
How to make a purchase with the Bajaj Finance EMI Card?
Making a purchase with the Bajaj Finance EMI card is an easy and hassle-free experience. Here are the steps you need to follow:
1.Choose your Product: First and foremost, choose the product you want to purchase. You can use your Bajaj EMI card to buy anything, from gadgets and appliances to clothes and groceries, and merchants accepting the card. Do your research to know how much the product costs and keep the EMI tenure and interest rate in mind.
2. Approach the seller: Once you have decided on the product you want to purchase, approach the seller, and request them to offer you the option of paying for the product through the Bajaj Finance EMI card. Many merchants these days offer EMI options, so chances are you’ll be able to get your desired product on EMI payments.
3. Choose the EMI tenure: Once you have decided on the product and the seller, you need to choose your EMI tenure. The tenure can vary from 1 to 60 months, depending on your convenience and the product category. You will get the option to choose your tenure at the time of purchase, and you can calculate the EMI amount accordingly.
4. Swipe your EMI card: After deciding on the product, seller, and tenure, the next step is to swipe your Bajaj Finance EMI card. You need to swipe the card just like you would swipe your regular debit or credit card. The amount will get deducted from your pre-approved limit, and you can take home your desired product without any hassle.
5. Make payments: After swiping the card, you need to make payments for the product purchased through EMI. The payments are made over the course of your chosen tenure, and you receive a payment schedule along with your card. Make sure you pay the EMIs on time to avoid any penalty charges.
Benefits of using the Bajaj Finance EMI Card
1.No upfront payment: With the Bajaj Finance EMI card, you don’t need to pay anything upfront for your purchases. This makes it easier for you to buy the things you want without worrying about the cost.
2.Easy repayment options: The card offers easy repayment options that allow you to pay for your purchases over a specified period. You can choose a tenure that suits your convenience and pay small amounts without feeling the pinch.
3.Wide acceptance: The Bajaj Finance EMI card is accepted at a wide range of merchants across various categories. From electronics to fashion, restaurants to travel, the EMI card is accepted at various merchants across the country.
4. No hidden charges: The card comes with no hidden charges, making it a transparent and honest financial instrument to use.
The Bajaj Finance EMI card is an excellent financial instrument, especially if you’re looking to make big-ticket purchases. With features like no upfront payment, easy repayment options, and wide acceptance, the card provides a hassle-free experience for shoppers. So, next time you’re eyeing that new Violin, don’t hesitate to use your Bajaj Finance EMI card and bring home your dream product at no cost EMI.