Bajaj Finserv EMI Card is a handy tool that can be used to convert your expenditure into easy EMIs. Through this card, you can choose the easy repayment option no matter how big the expense is. The card functions as a pre-approved loan and can be used to buy durables, gadgets, retail products, etc. One can also finance their hotel stays and holiday bookings using this card. The card can be swiped at any partner retail outlet. However, the Bajaj EMI card must not be confused with a regular credit card. This is one of the smartest ways to fund your daily needs without putting a lot of pressure on your pocket at one go. Using this card, you can shop for products in over 50 categories across more than 25,000 outlets in the world. This card can be availed by anyone at the cost of minimal documentation. To make this facility available to a wider audience, Bajaj Finserv has made sure to keep flexible eligibility for the credit card.
Bajaj EMI Card Apply Details
|Joining Fee||Rs.412 and Rs.449|
|Instant Activation Fee||Rs. 118|
|Add-on Card Fee||Rs. 199|
|Pre-approved Loan Limit||Up to Rs.4 lakh|
Apply Online for Bajaj Finserv Card
If you are an existing customer of the lending institution, you can log in to the customer portal and apply for the EMI card. You can even pay a sum of Rs.349 online and get the card within 10-15 working days. By virtue of this card, you can buy consumer durables or lifestyle products of your choice. Many new customers can also take a cue from the application methods and get the card to purchase their favorite products on EMI.
Eligibility Criteria for Bajaj Finserv EMI Card
The applicant must fulfill the criteria to apply for the credit card:
- Age Limit- The applicant must have acquired the minimum age limit of 18 years to be able to apply for this credit card.
- Annual Income- The applicant must have a consistent and stable income source to be consistent with the repayment schedule of this card.
- Existing Customers- Applicants with an existing relationship with the lender will be preferred for the card.
Documents required for Bajaj EMI card?
The following documents are required from the applicants while they apply for Bajaj Finserv EMI Card:
- ID Proof- Copy of Passport/ PAN Card/ UID/ Driving License/ Voter’s ID Card
- Residence Proof- Copy of Passport/ Fixed Line Bill/ Electricity Bill/ UID/ Bank Passbook of a PSU bank
- A Cancelled Cheque
- Passport size photograph
- Signed NACH mandate form to the document collection executive
Features and Benefits Of Bajaj EMI Card
Pre-approved limit: The EMI Network Card comes loaded with a pre-approved limit of up to Rs.4 lakh that you can avail at any of Bajaj Finserv’s 60,000+ partner stores present in more than 1,300 cities.
No credit card required : You can shop for all your favourite products on EMI without a credit card when you shop on the Bajaj Finserv EMI Network.
No additional documentation: You don’t need to submit additional documentation when shop on the Bajaj Finserv EMI Network, just swipe your EMI Network Card and convert your purchases into easy EMIs.
Convenient online shopping: Shop online on leading e-commerce platforms like Amazon, Flipkart, MakeMyTrip, Yatra, etc. with your EMI Network Card and pay for all your purchases on EMIs.
Easy access : Access your EMI Network Card anytime and anywhere with the digital EMI Network Card on the Bajaj Finserv Wallet app.
Exciting offers: Get more than 1,000 exciting EMI offers and special discounts when you access your EMI Network Card on the Bajaj Finserv Wallet app.
Zero foreclosure charges: The pre-approved loan comes to you at zero foreclosure charges, which means when you pre-close the loan before the set tenure, you don’t need to pay any charges to the lender.
Bajaj EMI Card Fees and Charges
|Joining Fee||Rs.412 (Inclusive of applicable taxes)Rs.449 (Inclusive of applicable taxes)Rs.499 (Inclusive of applicable taxes|
|Instant Activation Fee||Rs.118/- Inclusive of applicable taxes|
|Add-on Card Fee||Rs.199/-Inclusive of applicable taxes|
|Convenience Fee – Recently updated||Rs.34/- to 293/- inclusive of applicable taxes|
|Loan Enhancement Fees – Newly Introduced||Up to Rs.999/- + Applicable Taxes|
|Mandate Registration Charges||Rs.118/-Inclusive of applicable taxes|
|NACH/Cheque Bounce Charges||Rs.450/- Inclusive of applicable taxes|
|Outstation Collection Charges||Rs.65/- + applicable taxes per repayment instrument|
|Mandate Rejection Charges||Rs.450/- inclusive of applicable taxes. Will be applicable if the new mandate form is not registered within 30 days from the date of rejection of previous mandate form by customer’s bank for any reasons whatsoever.|
How to check Bajaj Finserv EMI card status?
The applicant can check the credit card status on the online portal of the organization. Via this facility, the applicant can constantly check the status of the application for this card. The customer can apply for this card via online and offline modes. However, the process of tracking down the application status of the card can be a painstaking and time taking job. With this facility provided by the finance company, the task becomes easy and convenient.
Where to check the bajaj finserv EMI Card statement?
The credit card statement keeps a record of all the transactions made through his card. All the procedures for repayments are also recorded in this journal. This document functions as a record statement of every little activity done using this card. One can always refer back to this statement to know about the transaction history anytime and anywhere. This makes it convenient for the card bearer to keep a track of his/her transactions and expenditure. Also, a record is maintained of all the repayments that have been done towards paying off the EMIs.
What is the Bajaj Finserv EMI Card customer care number?
The customer care department can be accessed through helpline numbers and emails. You can get in touch with them for your queries and grievances on 020-3957-5152. You can also write to them at email@example.com. The transaction details can be viewed by the card bearer on the customer portal on the official website. All you need to do is, simply log in to your account using your unique login ID and that’s it!
Frequently Asked Questions (FAQs)
Q.How can I get a Bajaj Finserv EMI Network Card?
A.You can apply for a Bajaj Finserv EMI Network Card either online or offline. You can simply login to the customer portal, Experia, view the EMI offer details and then, apply for the card. To get the Bajaj Finserv EMI Network Card offline, all you need to do is opt for in-store financing at any of Bajaj Finserv’s partner stores and get assistance from the store representative and submit basic documents to set up your EMI Network Card.
Q.Can a student apply for Bajaj Finserv EMI Network Card?
A.No, students can not apply for a Bajaj Finserv EMI Network Card. To apply, you must be between 21 to 60 years of age and must have a regular source of income. If you meet any of these terms, you can apply for a card.
Q.What are the documents required for Bajaj Finserv EMI Network Card?
A.You need to submit a copy of PAN card, address proof, and a duly signed ECS Mandate to avail an EMI Network Card.
Q.Can I apply for Bajaj Finserv EMI Network Card online?
A.Yes, you can apply for a Bajaj Finserv EMI Network Card online.
Q.What is the ECS limit in Bajaj Finserv EMI Network Card?
A.The ECS limit on the Bajaj Finserv EMI Network Card is an amount that gets withdrawn from your bank account via Electronic Clearance Service (ECS).
Q.What is the minimum salary to get an EMI Network Card?
A.You must have a regular source of income to get an EMI Network Card.
Q.How do I get a Bajaj Finserv EMI Network Card if I’m not 21 years old yet?
A.Unfortunately, you need to be between 21 to 60 years of age to get a Bajaj Finserv EMI Network Card.
Q.Is having a PAN card mandatory to avail the EMI Network Card? Can I apply with an Aadhaar card only?
A.Yes, PAN card is a mandatory document that you need to submit in order to get an EMI Network Card. Aadhaar card is used only as your proof of address.