Shopping on EMI Without a Credit Card

Buying big-ticket products on EMI is becoming increasingly popular in India. It can help you purchase expensive items without paying the entire amount upfront. However, using your credit card to buy products on EMIs can lead to rising debt due to high interest. 

 

To avoid that, you can opt for other affordable payment options like the Bajaj Finserv Insta EMI Card. This lets you shop on EMI without a credit card and avoid interest charges.

The Bajaj Finserv EMI Network Card can help you experience the benefits of shopping on EMIs without a credit card and ease the interest burden. Now, you can purchase big-ticket items on EMIs and avoid any additional interest. 

 

As a result, you can save more while getting exclusive access to attractive EMI offers. With minimal documentation, you can get a pre-approved loan of up to ₹3 Lakhs and shop stress-free with this EMI card.

Several types of payment options can help you manage your expenses and make purchases easy. Paying in EMIs is emerging as a popular facility as it allows you to split costs across several months and repay comfortably. Here are three EMI options you can consider:

1. Bajaj Finserv Insta EMI Card

You can use this card to make purchases across 4,000 cities in India without paying any interest. It provides you with a convenient repayment period of up to 60 months, depending on the retailer and product. 

 

You can get the card by paying a minimal fee of ₹530 (inclusive of applicable taxes). This card is accepted across over 1.5 lakh partner stores in small and metro cities, including: 

• Reliance Digital

• Bajaj Electronics

• Croma

• Home Centre

2. Debit Card EMIs

This payment option allows you to convert your debit card purchase into EMIs. Various banks offer this facility if you have an existing account with them. The EMI feature can be used for online and offline purchases; however, it is only applicable to certain transactions. 

 

It also requires you to maintain sufficient funds in your account to pay the monthly instalment. 

3. Credit Card EMIs

Similar to debit card EMIs, this option helps you convert your credit card transactions into EMIs. It is available from many credit card issuers, provided you have a credit card with them. 

 

You can use this facility for both online and in-store purchases, which offers you flexibility in managing your expenses. However, it is important to ensure you can cover the monthly payments to avoid late fees and high interest charges. 

 

Unlike debit card EMIs, credit card EMIs allow you to make purchases even if your bank balance is low.

The EMI Card doesn’t require you to have a credit card to enjoy the benefit of paying in small monthly instalments. Its perks includes the following:

• It is easy to get as it requires minimal KYC documentation as compared to a credit card, which has strict eligibility criteria 

• It offers exclusive benefits like the easy EMI facility, zero or low down payment, and flexible repayment options

The Insta EMI Card offers the convenience of shopping for a wide range of products and services more affordably. It includes the following features and benefits:

• Flexible tenors allow you to choose an EMI that fits your budget

• Zero interest provides cost-effective financing

• Choice of over one million products and services, including electronics, appliances, and more

• Zero or minimal down payment options reduce immediate financial stress

• Quick processing and instant approval make it convenient for EMI conversion

• Timely payments can help build or improve your credit history