By providing an EMI card, Bajaj Finserv provides an instant loan facility. To understand the benefits of the Insta EMI card, you must first understand what No Cost EMI is. It allows the user to borrow money instantly for consumer durables and purchase the products on EMI.
Exactly What is a No Cost EMI?
In literal translation, No Cost EMI means no interest charges. EMI interest is a term that was create because people who bought products on EMI with their debit or credit cards paid interest on their EMIs. It varies between 14% and 15% per year. A similar issue is that EMI Network Card holders don’t have to pay interest on their EMI. If you are looking for best features of easy instalment with no-cost EMI then you should apply for Bajaj EMI card.
Using an EMI Card from Bajaj Finserv, What Can You Do?
- There is a store locator on the website where you can find an EMI store near you where you can shop for consumer electronics products such as a smartphone, refrigerators, washing machines, etc., on No Cost EMI.
- Using the same card, you can purchase products online through e-commerce websites such as Flipkart and Amazon.
How do No Cost EMIs Work?
Bajaj Finserv Insta EMI Card is a unique product in which you get EMIs automatically when you buy something. This product structure can be thought of as a pre-approve loan. Using a credit or debit card (where accept) will automatically convert the purchase amount into EMIs.
No interest is charge on the loan amount, making it an attractive option. You can get a credit limit of up to Rs. 4 lakh with the Insta EMI card. This loan can be repaid over three, six, nine, twelve, 18, or 24 months.
EMI cards from Bajaj Finserv allow you to settle your purchase through recurring payments. There is no interest charge and no additional fees. These are some basic terms like somebody need to know how to check eligibility for Bajaj Finserv EMI card.
How Much Does it Cost to Make Purchases With the Card?
You will not be charge any interest, and it will not cost you anything extra. You only would have to pay a one-time card fee of Rs. 530 and then start using the card for transactions. When you use this card to purchase for Rs. 12,000, you can choose to pay off the loan in six equal payments of Rs. 2,000 each.
Why Do You Need the Insta EMI Card?
You need the Insta EMI Card to avail of the No Cost EMI facility and make purchases. Not just that, it is a quickly available option for EMI purchases as the card is activate instantly and deliver on the Bajaj Finserv app.
Extra Buyer Benefits
The Bajaj Finserv Insta EMI Card is an excellent option for making large purchases on a budget. You can get good No Cost EMI deals with Bajaj as it has a huge network of partner stores. Use the card with discipline and make EMI purchases you can afford to pay back in flexible terms. Fastest approval within 30 min after filling online form get instantly. Apply for Bajaj EMI card in which you will get upto 2 lakh limit with no-cost EMI.
It’s Different from Your Regular Credit Card
The differences between credit cards and Insta EMI Card are outline below. The card can be easily obtaine by any Indian citizen between the ages of 21 and 65. The only requirement is that you have a regular source of income. The card provides the benefit of No Cost EMIs, which means that the EMI card sourcing company won’t charge you any interest. You only need to pay the product charges in instalments, and no interest will be charged.
