What are the different uses of EMI Card?

EMI card is one of the best options to buy your dream smartphone or any other commodity. With EMI card payments, cardholders can opt for monthly installments to return the money. Apart from this, if you opt for a Bajaj card, there are various Bajaj EMI card offers and benefits that cardholders enjoy.

Bajaj Finserv EMI card benefits.

● Basic Documentation - While making lump-sum purchases with your Bajaj card, the cardholders will have to go through a basic or zero documentation process (Differs in every case). This basic documentation procedure is followed as a safety measure for validating the purchase. In case, if you are considering applying for a Bajaj card, the documentation process is quick and simple. The applicant will require -Passport -size photographs, Identity Proof, Address Proof, and Income Proof along with the application form and the Bajaj card application will be processed.

● High Credit Limit - The Bajaj No Cost EMI card offers a high credit limit of Rs. 2 Lakhs to its cardholders. The cardholders do not have to take the stress of getting approval for a higher credit limit and can seamlessly enjoy shopping, traveling, etc.

● Compatible Repayment Module - The Bajaj cardholders can choose the repayment tenure as per their financial goals. Bajaj group offers a window of up to 24 months to settle the payments via EMI. In case, a cardholder is willing to make an early foreclosure, there are no penalties or additional charges for early foreclosures.

● Smooth Transactions - With Bajaj No Cost EMI card, you have a pre-approved loan in your wallet. You can shop anything and everything with this card. The Bajaj cardholders do not require any credit card for lump-sum purchases. The cardholders can also enjoy Bajaj EMI card offers and No Cost EMI during offline purchases while shopping at partner brands. Hence, every transaction will be smooth and seamless.

● Digital Access - In case, you forgot to carry your Bajaj No Cost EMI card at home, do not worry. You can log into your Bajaj card account on the Bajaj Finserv Wallet app or visit Bajaj Customer Portal. Enter the OTP sent to you on your registered mobile number and enjoy a hassle-free shopping experience.

● Zero Interest Rate - Unlike credit cards that generally charge a high-interest rate on the credit limit, Bajaj No Cost EMI card offers zero interest rate charged on the borrowed amount. For example, if you purchase with a credit card, the installments also involve the interest of the borrowed principal amount, but with an EMI card, the installments do not involve any interest making it pocket-friendly for the cardholders.

Conclusion

So if you have not applied for the Bajaj No Cost EMI card, follow the Bajaj Card Apply Online process! The EMI card will eliminate your budget restrictions while shopping by making payments on your behalf. The cardholders can then break down the amount into affordable installments as per their financial commitments.