Bajaj Finserv Insta EMI Card
The Bajaj Finance EMI Card is a unique credit tool that allows customers to convert their purchases into easy EMI payments. This means that you can purchase goods such as electronics, home appliances, furniture, and more, and pay for them in monthly installments.
The Insta EMI Card offers a pre-approved loan limit that can be used to make purchases up to that amount. The loan limit is determined based on the customer's credit score and repayment history.
How to Apply for the Bajaj Finserv Insta EMI Card
To apply for the Bajaj Finserv Insta EMI Card, you can follow the steps below:
- Visit the Bajaj Finserv online portal
- Enter and verify your mobile number through an OTP
- Evaluate your credit limit by entering your age and income details
- Check the pre-approved credit limit on your Bajaj Finserv Insta EMI card
- Validate your details and pay a minimal joining fee of Rs. 530
- After paying the joining fee, you can access your Bajaj Finserv Insta EMI Card on the Bajaj Finserv app
What Charges are Associated with the Bajaj Finserv Insta EMI Card
While the Bajaj Finserv Insta EMI Card offers numerous benefits, it is essential to understand the charges associated with it. Some of the charges include:
1) Processing Fee - A processing fee of up to Rs. 1,017 may be charged on the Bajaj Finserv Insta EMI Card.
2) Late Payment Fee - If you fail to make your EMI payment on time, a late payment fee will be charged.
3) Foreclosure Charges - If you decide to close your EMI account before the end of the loan tenure, no foreclosure charges are applicable.
The Bajaj Finserv Insta EMI Card is an excellent tool for those who want to shop without having to pay the full amount upfront. It is easy to apply for, and the pre-approved loan limit ensures that customers can shop within their budget.
However, it is essential to understand the charges associated with the Bajaj Finserv Insta EMI Card to avoid any surprises. By keeping these charges in mind, you can make the most of your Bajaj Finserv Insta EMI Card and unleash your shopping potential.