Shopping for big-ticket items has become a seamless experience, thanks to the growing popularity of EMI (Equated Monthly Instalments). EMI has allowed individuals to purchase their dream products while spreading the cost over smaller, more manageable monthly payments. But what if you don’t own a credit card? Does that mean you’re excluded from the convenience of shopping on EMI? Absolutely not! Bajaj Finserv has revolutionized the buying experience with its Insta EMI Card, empowering individuals to shop on EMI without the need for a credit card.
In this article, we’ll delve into how to shop on EMI without credit card, explore the features and benefits of the Bajaj Finserv Insta EMI Card, and guide you on how to apply for one today.
What is EMI without a credit card.
Traditionally, credit cards have been the go-to instrument to avail of EMIs on purchases. However, not everyone owns a credit card or is comfortable with its usage owing to high-interest rates on revolving credit and rigid eligibility criteria. Bajaj Finserv’s Easy Buy EMI Card solves this problem by offering consumers the opportunity to shop on EMI without needing a credit card.
The Insta EMI Card works like a pre-approved loan facility that can be used to convert purchases into EMIs instantly. It provides an unparalleled shopping experience across a wide range of products, be it smartphones, electronics, home appliances, furniture, or travel bookings.
Bajaj Finserv Insta EMI Card: Your gateway to easy EMI payments.
The Bajaj Finserv Insta EMI Card is more than just a payment tool—it is a gateway to hassle-free shopping and easy financing. Designed to cater to various customer needs, this card lets you purchase items on EMI at over 1.2 lakh partner stores across 4,000+ cities in India.
Here are the standout benefits of the Insta EMI Card:
No credit card needed.
One of the biggest advantages of the Bajaj Finserv Insta EMI Card is that it completely eliminates the necessity of a credit card. With this card, you can convert expenses into monthly instalments without worrying about credit card limitations, high-interest rates, or lengthy approval processes.
Pre-approved loan facility.
The Insta EMI Card offers a substantial pre-approved credit limit of up to ₹2 lakh. This means you won’t have to go through the hassle of applying for a loan every time you need financing for a purchase.
Zero/minimal down payment.
Many purchases made using the Bajaj Finserv Insta EMI Card come with zero or minimal down payment, enabling customers to finalize their purchase without an upfront burden.
Flexible tenure options.
The Insta EMI Card offers flexible repayment tenures ranging from 3 to 24 months. This allows users to choose an instalment schedule that aligns with their monthly budget and financial planning.
Minimal documentation and instant approval.
Unlike traditional loans, which come with lengthy paperwork, the Insta EMI Card requires minimal documentation and offers approval within minutes.
Access to exclusive offers.
Bajaj Finserv often runs special promotions, exclusive discounts, and cashback offers for Insta EMI Cardholders. This ensures that cardholders can make purchases at competitive prices while enjoying value-added benefits.
Widespread acceptance.
The card is accepted at over 1.2 lakh retail outlets and on leading e-commerce websites like Amazon, Flipkart, and others. Whether you’re shopping for home appliances, gadgets, sports equipment, or even making travel bookings, you’re good to go!
Completely digital experience.
With the Bajaj Finserv Insta EMI Card, you enjoy a fully digital experience—from instant approval to tracking your transactions and managing your account via the Bajaj Finserv customer portal or mobile app.
How to apply for Bajaj Finserv Insta EMI Card.
Applying for the Bajaj Finserv Insta EMI Card is quick, simple, and can be done online or offline. Here’s a step-by-step guide:
Online process.
- Visit the official website.
Visit the Bajaj Finserv Insta EMI Card page: - Check your eligibility.
Click on the eligibility checker option to confirm if you qualify for the Insta EMI Card. You’ll usually need to meet criteria such as age (between 21–65 years), minimum monthly salary, and a good credit history. - Fill out the application form.
Provide your basic details such as name, address, contact number, and KYC documents like Aadhaar or PAN card for verification purposes. - Select your preferred plan.
Choose the Insta EMI Card plan that suits your spending and repayment needs. - Pay the joining fee.
Complete the payment for the one-time joining fee (usually nominal), and your card will be activated. - Activate your Insta EMI Card.
Once verified, your digital Insta EMI Card will be available instantly. You can start shopping using your card right away.
Offline process.
You can also apply for the Insta EMI Card at any Bajaj Finserv partner retail outlet. Visit the store, check your eligibility with the help of the store representative, and submit the required documents to complete your application process.
Conclusion.
Shopping on EMI without a credit card is no longer a far-fetched idea, thanks to the Bajaj Finserv Insta EMI Card. This Easy Buy EMI Card combines convenience, flexibility, and wide acceptance, making it the perfect solution for individuals seeking to buy products and services without the hassle of traditional credit card constraints.
Whether you’re planning to upgrade your smartphone, invest in a home appliance, or book your dream vacation, the Insta EMI Card makes it possible without stretching your finances. The benefits—such as zero down payment, flexible tenure options, and instant approval—ensure that you always remain in control of your budget.
