If you are looking for a convenient way to finance your purchases without compromising your budget, the Bajaj EMI Card can be a great option. This card, offered by Bajaj Finserv, allows you to pay for your purchases in easy monthly installments, making it easier for you to manage your finances.
But before you can start using the Bajaj EMI Card, you need to ensure that you are eligible for it. In this article, we will help you understand how to check your Bajaj EMI Card eligibility and also provide you with some valuable information about the Bajaj Finance pre-approved loan.
Bajaj EMI Card Eligibility
To be eligible for a Bajaj EMI Card, you need to meet the following criteria:
- Age: You must be between 21 and 60 years of age.
- Income: You must have a regular source of income. The minimum income required may vary depending on your location and the type of card you are applying for.
- Residence: You must be a resident of India.
- Credit Score: You must have a good credit score. A credit score of 750 or above is usually considered good.
- Employment: If you are employed, you must have a minimum of six months of work experience. For self-employed individuals, a minimum of one year of business experience is required.
Documents Required for Bajaj EMI Card
To apply for a Bajaj EMI Card, you will need to provide the following documents:
- Aadhaar Card or any other valid ID proof.
- Proof of residence such as electricity bill, water bill, or telephone bill.
- Proof of income such as salary slips or bank statements.
- Recent passport-sized photographs.
Once you have these documents, you can apply for a Bajaj EMI Card either online or by visiting any Bajaj Finserv partner store.
Checking Your Bajaj EMI Card Eligibility Online
If you want to check your Bajaj EMI Card eligibility online, follow these simple steps:
Step 1: Go to the Bajaj Finserv website.
Step 2: Click on the ‘EMI Card’ button on the homepage.
Step 3: Scroll down to the bottom of the page and click on the ‘Check Your Eligibility’ button.
Step 4: You will be redirected to a page where you will need to provide some basic details such as your name, date of birth, city of residence, and mobile number.
Step 5: You will receive an OTP on your registered mobile number. Enter the OTP to proceed.
Step 6: Once you enter the OTP, you will be asked to provide some additional details such as your income, occupation, and PAN number.
Step 7: After providing all the required details, click on the ‘Submit’ button.
Step 8: The website will display your eligibility status along with the loan amount that you can avail.
If you are eligible for the Bajaj EMI Card, you can apply for it online and get it delivered to your doorstep.
Bajaj Finance Pre-Approved Loan
If you are not eligible for a Bajaj EMI Card, don’t worry. Bajaj Finserv offers another financing option called the Bajaj Finance pre-approved loan. This loan is available to individuals who have a pre-approved offer from Bajaj Finserv. The pre-approved loan offers customers the flexibility to pay for their purchases in easy EMIs with minimal documentation.
To know if you are eligible for a pre-approved loan, you can follow these simple steps:
Step 1: Go to the Bajaj Finserv website.
Step 2: Click on the ‘Pre-approved Offers’ button on the homepage.
Step 3: Enter your name, mobile number, and city of residence.
Step 4: You will receive an OTP on your registered mobile number. Enter the OTP to proceed.
Step 5: The website will display your pre-approved loan offer, along with the loan amount and tenure.
If you are eligible for the pre-approved loan, you can apply for it online and get it disbursed to your bank account within 24 hours.
Conclusion
In summary, the Bajaj EMI Card and the Bajaj Finance pre-approved loan are great financing options that can help you manage your finances better. Checking your eligibility for these products is easy and can be done online. Make sure you have all the required documents handy before applying for these products. With Bajaj Finserv, you can enjoy hassle-free financing and make your purchases without worrying about upfront costs.