In the world of online shopping, there are many advantages and benefits that come with it. One of the most popular benefits is the concept of No Cost EMI. In this article, we will go over what No Cost EMI is and how it works, the advantages of using EMI while shopping online and how to change your Bajaj Finance number.
What is No Cost EMI?
No Cost EMI is a payment option given to online shoppers where they can pay for their purchases through monthly installments at no additional cost. It allows the customer to purchase the product they want without worrying about the entire cost upfront. The customer can pay for the product in equal monthly installments (EMI) as per the tenure decided upon by the seller.
How does No Cost EMI work?
No Cost EMI works on the concept of interest-free installment payments. The online seller or bank that provides the EMI option takes the total cost of the product and divides it by the number of months or tenure in which the installments have to be made. The seller then calculates the amount to be paid each month (EMI) without charging any interest.
For example, if a product costs Rs. 12,000 and the tenure for No Cost EMI is 6 months, then the customer can pay Rs. 2,000 each month for 6 months, without any additional cost.
Advantages of No Cost EMI
- Affordable Payment Plan: No Cost EMI allows customers to pay for a product in monthly installments, making it possible for everyone to purchase high-value products without worrying about the price tag.
- No Additional Charge: As the name suggests, No Cost EMI means zero additional cost on the purchase. This ensures that the product’s cost remains the same, without any extra or hidden charges.
- Flexibility in Payment: Customers can choose their own payment plan based on their financial capacity and can choose to pay in EMIs for a longer or shorter duration, depending on the options provided by the seller.
- Higher purchase power: With the affordability of EMIs, customers can leverage their purchase power and buy higher-priced products like electronics, home appliances or gadgets.
- Easy Availability: The No Cost EMI option is widely available across online marketplaces and financial service providers, making it easy for customers to avail the benefits with just a few clicks.
How to Change Your Bajaj Finance Number?
Bajaj Finserv is a popular financial institution that provides EMI payment options on various products. If you wish to change your Bajaj Finance number, you can do so easily by following the below steps:
- Visit the Bajaj Finserv website.
- Click on the “Customer Portal” button on the top right corner of the page.
- Enter your Bajaj Finance number and registered mobile number.
- Click on the “Submit” button.
- On the next page, you will be asked to enter your registered email address and create a new password.
- Enter your email address and create a new password.
- Click on the “Change Password” button.
- Your Bajaj Finance number is now updated.
Conclusion
In conclusion, No Cost EMI is a fantastic payment option for customers who wish to purchase high-value products without worrying about the full price upfront. With No Cost EMI, online shopping has become accessible to everyone, regardless of their budget. Customers can choose their own payment plan, opt for a longer or shorter tenure as per their financial capacity and enjoy the advantage of zero additional cost. With minimal documentation and easy availability across online marketplaces and financial service providers, No Cost EMI is an excellent option to invest in your dreams today. So, go ahead, shop online and get your favorite products on No Cost EMI! Meanwhile, if you wish to change your Bajaj Finance number, follow the steps and enjoy seamless transactions with ease.