Don’t let budget constraints hold you back. Learn how the Bajaj Finserv Insta EMI Card is revolutionising shopping, making big-ticket items accessible to a broader range of customers.
Smartphones have become an essential part of our daily lives, owning the latest model can often feel like a distant dream due to their hefty price tags. But what if there was a way to make your dream phone a reality without burning a hole in your pocket? The Bajaj Finserv Insta EMI Card allows you to own that coveted smartphone through affordable No Cost EMIs.
Understanding No Cost EMIs
No Cost EMI has revolutionised the way we approach big-ticket purchases, especially when it comes to smartphones. But what exactly is No Cost EMI, and how does it differ from regular EMI options?
Traditional EMIs typically involve interest charges spread across the repayment tenure, increasing the overall cost of your purchase. In contrast, No Cost EMI allows you to pay only the product’s actual price, divided into equal monthly instalments without any additional interest. This means you can buy your desired phone at its original price, spread over a comfortable repayment period.
The Bajaj Finserv Insta EMI Card takes this concept a step further by offering No Cost EMI without credit card. This opens up a world of possibilities for those who may not have access to traditional credit cards but still want to enjoy the benefits of easy EMI purchases.
By eliminating the interest component, No Cost EMI makes high-end smartphones more accessible to a wider range of consumers. It allows you to manage your budget effectively while still getting your hands on the latest technology.
Advantages of using Bajaj Finserv Insta EMI Card
The Bajaj Finserv Insta EMI Card comes packed with a host of benefits that make it an attractive option for high-value purchases, like the latest mobile phone, on EMI:
- No Cost EMI: Split the cost of your phone into easy, interest-free instalments.
- Pre-approved credit limit: Enjoy a pre-approved limit of up to Rs. 3 lakh, which can be used for multiple purchases across diverse categories without the risk of overspending.
- Wide acceptance: The card is accepted on all major online platforms and at over 1.5 lakh partner stores across more than 4,000 cities in India, giving you ample options to choose from.
- Flexible repayment: Choose a repayment tenure between 1 and 60 months that suits your financial situation.
- Zero down payment offers: Access special zero down payment offers during festive seasons, making your purchase even more affordable.
- Nil foreclosure charges: Pay off your EMIs early without incurring any additional charges.
- Credit score boost: Enhance your credit score by making timely payments on your EMIs.
These features make the Insta EMI Card an excellent tool for managing large purchases, allowing you to buy not just phones, but a wide range of products without straining your finances.
How to apply for the Bajaj Finserv Insta EMI Card
To get your hands on your new EMI card online, apply either via the Bajaj Finserv App or the official Bajaj Finserv website. Here’s how:
- Visit the official Bajaj Finserv website
- Enter your mobile number and complete OTP authentication
- Fill in the application form to know your credit limit
- Complete KYC verification using Aadhaar card or DigiLocker
- Pay the one-time joining fee of Rs. 599
- Complete e-mandate registration for card activation
Alternatively, you can apply offline at a Bajaj Finserv partner store. Simply provide the necessary documents for verification and pay the one-time joining fee once you’ve been approved.
Eligibility criteria for the Bajaj Finserv Insta EMI Card
- Indian national
- Age between 21 and 65 years
- Regular income source
- Credit score of 720 or more
- Valid documentation (PAN, Aadhaar, address proof, bank account details
Using the Insta EMI Card for phone purchases
Once you have your Insta EMI Card, buying a phone is a simple and straightforward process. You can shop for your new phone upgrade either online or offline:
- Visit a Bajaj Finserv partner store or shop online on your favourite online shopping platform.
- Browse the options available and choose your desired smartphone.
- Inform the store representative about using your Insta EMI Card (for offline purchases) or select the Insta EMI Card as your preferred mode of payment (for online purchases).
- Share your card details.
- Select a suitable EMI tenure.
- Complete the purchase.
Popular smartphones available on EMI
Here are some of the latest and most exclusive smartphones that you can bring home without hurting your budget, thanks to your Bajaj Finserv Insta EMI Card:
| Phone | Price |
| Apple iPhone 15 Pro (1 TB) | Rs. 1,75,300 |
| Samsung Galaxy S24 Ultra 5G AI Smartphone (12 GB, 1 TB) | Rs. 1,59,999 |
| vivo X Fold3 Pro 5G (16 GB, 512 GB) | Rs. 1,59,999 |
| OnePlus 12 (16 GB, 512 GB) | Rs. 69,999 |
| OPPO Find N3 Flip (12 GB, 256 GB) | Rs. 64,999 |
By using your Insta EMI Card to purchase your new phone, you split the price across a tenure comfortable for you. With No Cost EMIs, you only pay the phone’s actual price without any interest. This allows you to manage your budget efficiently while still getting the phone upgrade you want.
Building your credit score with Insta EMI Card
A good credit score is crucial for your financial health. It affects your ability to secure loans, credit cards, and even rentals in some cases. The Bajaj Finserv Insta EMI Card offers a unique opportunity to build or improve your credit score.
Every time you make a purchase using your Insta EMI Card and pay your monthly instalments on time, it gets reported to credit bureaus. Consistent, timely payments demonstrate your creditworthiness, potentially boosting your credit score over time.
A higher credit score can lead to better loan offers, higher credit limits, and more favourable interest rates in the future. It’s a long-term investment in your financial well-being that starts with responsible use of your Insta EMI Card.
The Bajaj Finserv Insta EMI Card offers a smart, affordable way to own your dream phone. But that’s not the limit – you can use your Insta EMI Card for various other purchases, making it a versatile financial tool. The added advantage of building your credit score makes it an even more attractive option.
Ready to make your smartphone dreams a reality? Download the Bajaj Finserv App today and apply for your Insta EMI Card. It’s time to experience the convenience of EMI shopping without the burden of a credit card or interest charges.
