What is Bajaj Finserv No Cost EMI Network Card ?
Bajaj Finserv is a financial service company That provides different financial services to their customer. Along with this, they give his customer A No Cost EMI Network Card is also offered, Which is Called Bajaj Finserv No Cost EMI Network Card.
Using the Bajaj EMI Card, you can shop online from any shopping site Or offline from any store. Any product Like Mobile, Laptop, Freeze, TV, AC, Cooler, Washing machine, e.tc. On the other hand, offline Bajaj Finserv has more than 1 lakh partner stores spread over 1900 cities. From there, you can buy any product on No Cost EMI using this Bajaj Finserv EMI card.
Benefits Of BAJAJ Finserv EMI Card
- EMI Card is Existing Member Identification Card
- A membership card is issued to a customer, who has availed a loan from Bajaj Finance
- Basis details of the customer, a pre-approved limit is stamped to the card
- The EMI Card can then be used for availing further loans basis pre-approved limit
- All details of customer are attached to EMI card Hence no documentation or details are required, if EMI card case is processed
- EMI Card is now Digital on Bajaj Finserv Mobikwik Wallet and Bajaj Finserv Xperia app One-time fee – Rs. 500/-
- Buy products on easy EMIs across 60,000+ partner stores.
- Can be accessed online on Bajaj Finserv Mobikwik wallet
- Only Net loan amount deducted from EMI card limit >>>increased eligibility for EMI card customers.
What is No Cost EMI ?
You know, Whenever you have any product on EMI Or, Installment payment So there are sellers From Where you are buying the product. That on your product price, And for the month you are purchasing that product on EMI.
According to that, there is an interest in your product price. Then by adding both product price and interest Amounts that come out, That amount is divided into the number of months you are buying the product for EMI. Then the final amount comes out.
That amount you have to pay to the seller every month as EMI, Which has a small portion of the produced price, and also, you are paying interest.
But the same if you buy that product using this Bajaj Finserv EMI Card So from there, you will get this product on No Cost EMI.
How can buy any product at No Cost EMI with BAJAJ Finserv EMI Card ?
The product you are about to buy on EMI’s product price will be divided into the number of months for which you will buy that product on EMI And then the final amount you have to pay every month as EMI.
So if you buy that product by paying one time, then the amount of money you would have to pay or pay the same amount as EMI. You don’t have to pay extra. So this process is called No Cost EMI.
Bajaj Finserv EMI Card apply OFFLINE
Find Neares Bajaj Finserv Partner Store
Firstly You need to search. What are the nearby stores where Bajaj Finserv’s service is available? Bajaj Finserv’s partner store, the Bajaj Finserv EMI card, will be accepted only in Bajaj partner stores. So you have to find out If you live in a big city and don’t know the bajaj Finserv partner store, So it also has an online solution. A tool of store locator has been provided on Bajaj Finserv’s website.
You have to go to that store And tell them you want to get Bajaj Finserv No Cost EMI Card; they will meet you at a representative of Bajaj, Who will first ask you for a document Your pan card. You have to give PAN Card. He will check your CIBIL score, Which can have three things. First, your CIBIL score will be good Second, your CIBIL score will be poor, And thirdly, people or students Who have not taken any loan or credit card yet. Their CIBIL score will be zero, So first, those who have an excellent CIBIL score will be told immediately there.
Ask BAJAJ FINSERV Representetive For EMI CARD
Often you need to buy any product; you are asked to select a product to buy. Whose price should be minimum 10000 or more. Then you will be asked for all other documents. You give them all the documents. Bajaj Finserv will verify your documents. Then Duly signed by you will fill ECS form, In which if you take the ATM card with you, then it will be easy to fill And then they will ask you for your smartphone In which a Bajaj Finserv application will download In that, you will register with the same number that you gave at the time of making the card. Then your card will start showing there.
So friends, whenever you make a Bajaj Finserv EMI Card, you are asked to buy a product, And that’s how your card becomes activated.
If we talk about the documents, you need only 2 KYC Documents and one bank account of your name. One is POI (proof of Identity), POA (Proof of Address), and Bank Account.
Documents list is given For POI and POA
POA ( proof of Identity ) –
- PAN Card
- Voter ID
- Driving License
- Job Card Issue By NREGA
POA (Proof of Address) –
- Voter Id
- Driving License
- Electricty Bill
- Gas Bill
- Water Bill
- Rent Agreement Issued By Gov
- Letter Of allotment Of accommodation from employer
Bank Details For ECS
- Canceled Cheuqe / Bank passbook / Account Number And Ifsc Code
- ATM for easy E-Mandate
If you do not have a canceled cheque, you can give a bank account number and IFSC Code. After that, you have to fill ECS Mandate form here, In which you need a bank account That is taken from you. And if possible, take the ATM with you. This makes it very easy to activate ECS. So these are some documents that you need When you apply offline for Bajaj Finserv No Cost EMI Card.
Bajaj Finserv EMI Card apply ONLINE
Same if you apply online For Bajaj Finserv EMI Card. All you need is a PAN card. But now, the matter of eligibility comes. The first condition in eligibility is That you should have a min. of 21 years and a max. of 60 years.
Second, you must have a regular source of income. Third and most crucial CIBIL Score – Your CIBIL score should be good. If your CIBIL score is poor Or you have not already taken a loan or credit card, If you are a student, your CIBIL score will be zero, So it will be a little tricky. But Read Our Hole blog do not lose your hope. But if you are eligible to make this card, You also have all the documents, And you are also following all the conditions.
Just Click On it and Follow the Process. Remember one thing Insta Emi card And Bajaj EMI Card both are the same. Insta EMI Card Means By Bajaj will activate the Bajaj EMI card Instantly. That is why its name is Bajaj Insta EMI CARD.
EMI Card issued at the counter is normally activated in 30-40 days but EMI Card can now be activated instantly at the counter. This enables instant second purchase from the customer using EMI Card limit An extra fees is charged from customer for instantly activating the card. All other features of Insta EMI card is similar to EMI Card.
Add on Card is a supplementary card for EMI card holders, every EMI card customer can avail maximum 2 Add on cards for immediate family members. Add on card holders can take EMI finance independently. Add on cards do not have separate pre-approved limit because Add on cards share the limit assigned to EMI card. EMI is debited from account of EMI card holder. Fees of each Add on Card is Rs 199.
If you want to apply Bajaj EMI card Miniumum age 21 and max age is 60.
1. Bajaj EMI Card
2. Add on Card
3. Health Card
4. Bajaj Super Card (RBL CREDIT CARD)
First, POI Pan card
Seceond, POA Adhaar Card
third, Bank deatiles, you can give Passbook or Cansel Cheuqe.
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