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Eligibility and Documents Required

The Bajaj Finserv EMI Network Card allows you to convert your purchases into affordable instalments and choose a comfortable tenor. Along with this, you benefit from various offers and discounts on a range of products and services.

 

To apply for a Bajaj Finserv Insta EMI Card, you need to meet the eligibility criteria and submit some necessary documents.

Eligibility Criteria for the Bajaj Finserv Insta EMI Card

Check if you fulfil the Bajaj Finserv EMI Network Card’s eligibility criteria stated below:

  • Nationality

You need to be an Indian 

  • Age

Your age should lie between 21 and 65 years

  • Financial Health Report 

Your credit score should be eligible as per the Bajaj Finance risk policies 

  • Employment

You must have a regular source of income

Documents Required to Apply for the Bajaj Finserv Insta EMI Card

The Insta EMI Card allows you to convert your purchases into affordable instalments with a comfortable tenor. When applying for it, you need to submit the following documents. 

  • PAN card

  • Aadhaar card for confirming KYC 

  • Address proof

  • Bank account details for e-mandate registration

Additional Details Required to Apply for the Insta EMI Card

You also need to provide some personal information to get this card. This includes your bank account number and IFSC code for e-mandate registration. Once you have fulfilled these requirements, you can apply for the card by filling out an online application form with your basic details.

 

 

When verifying your KYC, you need to pay a onetime joining fee of ₹530 (inclusive of applicable taxes and the online convenience fee). These additional factors are considered to check your eligibility and card limit.

  • City

Depending on the city you reside in, your loan limit may differ due to the difference in income offered in metro cities versus others. 

  • Credit rating

For this card, your credit rating is one of the most crucial considerations. A better credit score increases your chances of receiving the card along with a higher loan limit. This way, you can shop for a higher priced product on EMI.

  • Repayment history

Repaying your EMIs on time is a sign of fiscal responsibility. Your credit score increases when you pay your EMIs on time. Similarly, it decreases when you skip a payment. Having a good repayment history increases your chances of getting the card.

  • Income

Having a regular source of income is vital to be able to apply for the card. Having said that, having multiple ongoing loan accounts open would be factored in when the lender determines the loan limit. To avoid getting a lower loan limit, you can repay your existing loans.

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Step-by-Step Guide to Apply for the Bajaj Finserv Insta EMI Card

Through Bajaj Markets, you can apply for this card online in a few simple steps, provided you fulfil the eligibility requirements. Follow the given steps to apply for the Bajaj Finserv EMI Network Card online:

  1. Click on ‘Apply Now’

  2. Enter your 10-digit mobile number and verify the OTP sent to your phone

  3. Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code

  4. Select your employment type and gender

  5. Click on submit to know your card limit

  6. Complete the KYC verification using your Aadhaar card or DigiLocker

  7. Post successful KYC, pay a one-time joining fee of ₹530

  8. Click on 'Activate Now' and enter your bank account number and IFSC code to complete the e-mandate process

  9. After successful e-mandate registration, your digital card will be ready to use

 

Note: The actual online process may differ depending on whether you are an existing customer or a new one.

Frequently Asked Questions

Am I eligible for the Bajaj Finserv EMI Network Card?

To apply for a Bajaj Finserv Insta EMI Card, you must be an Indian aged between 21 and 65 years. You also need to have a regular source of income and a credit score as per the Bajaj Finance risk policies.

Is the ECS mandate compulsory to be eligible for the Bajaj Finserv EMI Network Card?

Yes, having an Electronic Clearance Service (ECS) mandate is key to getting the Bajaj Finserv EMI Network Card. It makes the payment process smooth and easy.

What is the minimum salary required to apply for a Bajaj Finserv EMI Network Card?

There is no minimum salary requirement to apply for the Insta EMI Card. However, it is essential to have a regular source of income.

What are the documents required for the Bajaj Finserv EMI Network Card?

To apply for this EMI card, you need to keep the following documents handy:

  • Aadhaar card

  • PAN card

  • Bank details

  • Address proof

How to check eligibility for the Bajaj Finserv EMI Network Card?

You can check your Bajaj Finserv EMI Network Card eligibility by clicking on the ‘Apply Now’ option on this page.

Is having a PAN card mandatory for the Bajaj Finserv EMI Network Card’s registration?

Yes, having a PAN card is mandatory to complete the registration for a Bajaj Finserv EMI Network Card. This document is also necessary for completing your KYC verification.

Is it safe for me to share the information to apply for the Bajaj Finserv EMI Network Card?

Yes, your information is protected by robust security systems, as data security is our highest priority.

What is the required age limit to apply for a Bajaj Finserv EMI Network Card?

To apply for a Bajaj Finserv EMI Network Card, you need to be between 21 and 65 years of age.

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