In an era of inflation, we have the option of buying anything by EMIs, but the issue involves the interest rates involved.
The Bajaj Finserv Insta EMI Card is one such EMI convertible option. However, before moving forward, let’s learn what Bajaj Finserv Insta EMI Card is and how to check Insta EMI Card eligibility?
Why Does Bajaj Finserv Offer an Instant EMI Card?
Insta EMI Card from Bajaj Finserv lets you purchase products or use services with the help of a pre-approved credit limit. The card is provided digitally in your Bajaj Finserv Wallet app and is activated instantly. The same can be used to purchase any product or get any service you desire.
With the pre-approved limit, you can process your payment for your purchase and repay it in instalments later. A pre-approved loan of up to Rs. 4,00,000 will be available through the Insta EMI Card.
It is beneficial to get your hands on the Insta EMI Card even if you do not need it now since it is an option you can use later. With the card, you can always be prepared to face any emergency in the future.
Applying for the Insta EMI Card
You must fulfil the following eligibility criteria when applying for the card.
- Your age must fall between 21 and 65 years to apply.
- You must have a regular source of income.
When Applying for The Card, You also Need to Take Care of:
Credit History
Getting an EMI card from Bajaj Finserv will not be difficult if you have a good CIBIL score.
Personal Details
Name, date of birth, and mobile number are required for the Insta EMI Card application.
Documents
Obtaining an Insta EMI Card requires the following documents:
- Bank A/C & IFSC code
- Pan Card
- Aadhaar Card
In order to qualify for the Bajaj Finserv Insta EMI Card services, cardholders must follow the following procedure:
- Navigate to the section where you can apply. On the next page, input your mobile number and date of birth, and click on the ‘Apply Now’ button.
- The system will check your pre-approved limit once you enter your personal details.
- During the KYC process, you will need to verify your details. There are several options, such as CKYC and OKYC.
There is a one-time joining fee of Rs. 530. Post the payment and e-mandate; you will be able to access your Insta EMI Card.
Fees & Charges
In addition, the annual fee of Rs. 117 will also be charged if the user has not transacted using the card in the preceding year. Your EMI network card will show the previous year’s validity date.
In addition, the annual fee of Rs. 117 will also be charged if the user has not transacted using the card in the preceding year. Your EMI network card will show the previous year’s validity date.
In addition, the annual fee of Rs. 117 will also be charged if the user has not transacted using the card in the preceding year. Your EMI network card will show the previous year’s validity date.
You can also check this new website Infiniterounds to get more information about home decor.