Insta EMI Card

Enhance your purchasing power with a pre-approved loan limit of up to ₹3 Lakhs available with the Bajaj Finserv EMI Network Card. It enables you to buy products across categories and convert the cost into affordable monthly instalments. The easy EMI facility on this card allows you to pay comfortably and avoid hefty interest. 

You can enjoy financial flexibility and convenience with this card. In addition to these, here are a few other perks that you can get: 

• High Loan LImit -  You can make big-ticket purchases from partner stores comfortably with a pre-approved loan limit of up to ₹3 Lakhs

• Flexible Tenor - You can repay the borrowed sum conveniently through smaller instalments over a tenor of up to 60 months

• Everiting on Emi - From electronics, furniture, appliances to groceries, flight bookings, and much more, you can buy from a range of 1 million+ products on EMI

• Expensive Network -  Shop at over 1.5 lakh partner stores spread across 4,000+ cities in India

• No Foreclosure Charges - Enjoy zero prepayment fees if you repay the loan before the end of the tenor after paying your first EMI 

• Minimal to Zero Down Payment - Depending on the product and eligibility, you can make zero or minimal upfront payment and can convert the remaining amount into EMIs

Before you apply for the EMI card, understand the prerequisites for a seamless and quick application. To qualify, you need to: 

Elegibility Criteria

• Be an Indian resident 

• Be between the ages of 21 and 65 years

• Have a credit score as per the Bajaj Finance risk policies

• Have a regular source of income 

If you meet the above criteria, keep the following documents ready before you apply for the Bajaj Finserv EMI Network Card:

Documents Required

• PAN card

• Aadhaar card

• Address proof

• Bank account number and IFSC details

Before you apply for this financial product, understand the associated fees. Check the details in the table below:

Steps-by-step guide to applying for the Bajaj insta Emi card 

1. Click on the ‘CHECK OFFER’ button at the top of this page 

2. You will be redirected to the Bajaj Finserv website

3. Enter your mobile number and verify it with an OTP on this new page

4. Fill in the application form with your personal details

5. Select the type of employment and gender

6. Click on ‘Submit’ to know the card limit

7. Verify KYC using DigiLocker or your Aadhaar card once you know the limit

8. Pay a one-time joining fee of ₹530 after completing the KYC process

9. Activate the card by completing the e-mandate process

10. Use the card once you complete the e-mandate registration successfully

Once you apply, you will be able to access the details through the Bajaj Finserv customer portal and start shopping. 

The card allows users to choose a repayment period ranging from 1 month to 60 months. You may be able to opt for flexible tenor options between 2 to 24 months for most purchases, depending on your financial situation and preferences. 

This flexibility helps manage monthly expenses effectively, making it easier to afford significant purchases without the burden of upfront payments. Once you make a purchase using the Bajaj Finserv Insta EMI Card, the repayment process is straightforward. You can understand the details here:

• Monthly EMIs

The total purchase amount is divided into equal monthly instalments, which are automatically deducted from your bank account on a fixed date each month.

• Advance Payments

You have the option to pay an EMI in advance, which can help avoid bounce charges and maintain a good credit score.

• Part-prepayment and Foreclosure

You can also choose to pay back a portion of your loan early or pay off the entire outstanding amount at once.

For instance, say you want to buy an iPhone 15 from one of Bajaj Finserv partner stores. You can choose a convenient repayment plan ranging between 2 and 60 months and convert the big-ticket purchase into affordable EMIs. This way, the entire cost is split into easy EMIs.

You can use the card at any of the partner stores located across the country and purchase the product in affordable instalments. Here is how:

1. Visit your preferred partner store

2. Select the product you wish to buy 

3. Choose the card as your payment option

4. Select a preferred repayment tenor

5. Share your card details with the store executive

6. Provide the OTP sent on the registered number to complete the transaction

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.