Buying a must-have new mobile phone can turn out to be a costly affair that many people can't afford upfront. However, the good news is that you can now buy a mobile on EMI without having to use a credit card. This is where Bajaj Finserv’s Insta EMI Card comes into the picture, providing you with an easy and an affordable EMI solution.
Why Should You Use the Bajaj Finserv Insta EMI Card?
The Bajaj Finserv Insta EMI Card comes with a plethora of benefits. It acts as a pre-approved loan of specific value that you can use to buy a mobile on EMI without credit card. With this card, you can avail a loan amount between Rs 30,000 to Rs 3 lakh, depending on eligibility.
Remarkably, this card provides you with the advantage of zero down payment on select models, which can drastically reduce the initial amount you have to pay. Plus, it comes with a payback period of up to 24 months, which gives you the freedom to repay the borrowed amount at your own pace.
How to Apply for the Insta EMI Card?
Applying for the Bajaj Finserv Insta EMI card is a simple and straightforward process that can be completed both online and offline.
To apply online, visit their official website and provide your basic information in the application form. After submission, an OTP will be sent to your registered mobile number for verification. Once verified, pay the joining fee and that's it – your card will be activated automatically after a few hours.
To apply offline, visit any Bajaj Finserv partner store, fill out the application form and submit the required documents such as ID proof, address proof, and income documents, after which your application will be processed and the card would be issued.
How to Buy a Mobile on EMI Without a Credit Card Online and Offline?
Buying a mobile online using your Insta EMI Card is as simple as any other online transaction. Choose your preferred mobile on any partnered online platform (like Amazon, Flipkart etc.) and at the payment option, select ‘No cost EMI’ and then select ‘Bajaj Finserv’ as your EMI option. Follow the instructions to complete the process.
For offline purchases, visit any Bajaj Finserv partner store. Select the mobile you wish to buy. At the payment desk, instead of paying the amount upfront, opt for 'EMI using Bajaj Finserv'. Provide your EMI Card number to complete the transaction.
The Bajaj Finserv Insta EMI Card is also very flexible. Apart from mobiles, you can also use it to buy other items such as appliances and electronics, furniture, travel, and healthcare services among many other options available on their vast partner network.
In essence, the Bajaj Finserv Insta EMI Card has truly made the process of buying a mobile on EMI without credit card easier and accessible to many who do not qualify for a credit card. This opportunity creates a financial convenience that enables you to buy your dream phone without being burdened by a lump sum payment.
Gearing up with your new phone with easy EMIs couldn't have been simpler with Bajaj Finserv’s Insta EMI Card. As long as you meet the eligibility criteria, the freedom to buy your preferred mobile phone is right at your fingertips.