What is the Bajaj Finserv EMI Network Card?


What is No Cost EMI?

Equated Monthly Instalment (EMI) refers to providing a breakdown facility on the total cost of a product. With this provision, you can pay back your total loan amount or the total cost of a product in the form of small equal payments after every fixed interval of time over a fixed tenor. EMIs are supported by interest rate charges and a penalty fee if you do not make a payment on time. On the other hand, ‘No cost EMIs’ refers to EMIs that do not require the payment of any interest rate charge.

Bajaj Finserv EMI Network Card

What is the Bajaj Finserv EMI Network Card?

The Bajaj Finserv, EMI Network Card, has been introduced for consumers who wish to own a card with most of the benefits of credit cards without the hassle of dealing with a credit score. This credit card alternative is popular amongst consumers for its no-cost EMI provision. Below, we list down the benefits and features that accompany the ownership of this EMI card.

  • No-cost EMI provision: With this card, shopping has become a lot easier. When shopping from the EMI Store in specific, you are provided with the no cost EMI facility that helps you purchase a product with the concurrent benefit of garnering supplementary time to pay for the product over a period of time (with no interest rate charges). From electronics to heavy appliances, this card covers it all.
  • Pre-confirmed offers: In addition to the no-cost EMI provision, you are also provided with varying offers and discounts on certain product lines that require minimal to zero down payments.
  • Easy online application process: Only three main documents are required for submission for the application of this EMI card, namely, a canceled cheque, a signed ECS mandate, and KYC documents. This approval process is quick and can be completed fully online, thereby preventing you from visiting a physical outlet to procure this card. The processing fee to garner this card is minimal to zero as well.
  • Flexible repayment period: The tenor that accompanies you can choose these EMIs as per your repayment convenience. The duration varies depending on the repayment option you opt for, which can extend to 3, 6, 9, 18, or 24 months.
  • Convenient access: Regardless of where you are located, you can access your EMI card with the mere download of the Bajaj Finserv Wallet application.
  • Loan procurement: You can apply and obtain a loan up to Rs. 4 lakhs in emergencies situations. Additionally, if you decide to foreclose your loan after the payment of your first EMI, no foreclosure charges will accrue.

What are the Eligibility Criteria to own this EMI Card?

Qualifying criteria vary depending on the type of EMI card you wish to apply for. With the Bajaj Finserv EMI Network card, the eligibility criteria for EMI card are relatively simple.

  • Age: 21 to 60 years
  • Income: Regular income source
  • Nationality: Indian citizen

What are the Bajaj Finserv EMI Card Accepted Shops?

With recorded shopping expenses over Rs. 4,500, you can purchase products from certain online platforms. This includes over 1 lakh Bajaj Finserv partner stores in over 1,900 cities in the Bajaj Finserv EMI network.

  • Amazon
  • Bajaj Finserv EMI Store
  • Choose My Bicycle
  • Flipkart
  • MakeMyTrip
  • Paytm Mall
  • Samsung
  • Vivo
  • Yatra


No cost EMIs make the payment for products a lot easier. With the Bajaj Finserv EMI Network Card, using this no cost EMI facility and its other benefits makes everyday shopping convenient.

If you wish to apply for this EMI card, merely visiting the Bajaj Finserv website, choosing an EMI scheme that suits your needs and extending authorization for your purchase with a one time password will complete the Bajaj EMI card apply online process and garner you this EMI card.

Carol P. Middleton
Student. Alcohol ninja. Entrepreneur. Professional travel enthusiast. Zombie fan. Practiced in the art of donating rocking horses for the underprivileged. Crossed the country researching hula hoops in Deltona, FL. Won several awards for supervising the production of etch-a-sketches in Nigeria. Uniquely-equipped for investing in bathtub gin in the financial sector. Spent a year building g.i. joes worldwide. Earned praise for deploying childrens books in Africa.