How is India’s Fastest Growing EMI Network Helping You Shop The Way You Like?
Rohan Sharma, a senior manager at an IT firm in Mumbai, had just bought his first apartment. Like any new homeowner, he was looking forward to moving in and doing up his house in his own way.
Whether it was the latest home appliances or the best furniture, he had his eyes on consumer durables and electronics that would make his new house a home he could call his own.
Not wanting to spend cash up front, Rohan then decided that a convenient solution was to go cashless and pay off new his purchases in EMIs. However, this was easier said than done. He found that bank loans came with their own set of conditions and most in-store EMI schemes required credit cards—which meant paying processing charges at high interest rates.
Fortunately, the Bajaj Finserv EMI Network Card offered Rohan a convenient and affordable alternative. After signing up for the EMI Network Card, he could use the pre-approved loan amount to buy home appliances and furniture on EMI from Bajaj Finserv’s partner retailers.
Rohan shopped for a brand new LED TV, a home theatre system, kitchen accessories and appliances, an AC for his bedroom as well as a new smartphone with a premium camera to share the photos of his apartment with friends and family. In less than a month, Rohan found himself with a well-furnished and well-fitted apartment equipped with all the comforts and conveniences he wanted. And what’s more, he saw that he could even take care of both his desire for a luxury watch as well as daily groceries with his Bajaj Finserv EMI Network Card.
- No Cost EMI:
The Bajaj Finserv EMI Network Card lets you shop with the convenience of No Cost EMI. This means you can convert the cost of all your purchases into equated monthly instalments, without the burden of high interest costs.
- Access to more than 43,000 retailers
The EMI Network Card allowed Rohan to utilise a pre-approved loan amount when shopping at any of Bajaj Finserv’s retail partners—both online and offline. He could choose to spend the whole amount at one go or spend it in small amounts as and when required. The amount that Rohan spent using the EMI Card was only what he paid back – not the entire available limit. Plus Rohan could shop from any of the 43,000+ stores that Bajaj Finserv has partnered with.
- Over 1 Million Products Across 900+ Cities
Not only was Rohan excited to shop from his choice of online and offline retailers, he could also buy over a million different products across categories. Be it mixer-grinders or microwave ovens, washing machines or refrigerators, laptops or TVs, smartphones or tablets, furniture or modular kitchens, air purifiers or cameras, groceries or invertors, clothes or accessories, he had access to more products than he could imagine. And now that all of these were available across more than 900 cities, he was keen on shopping for his parents in Lucknowtoo!
- Minimal Documentation Required:
Which documents did Rohan submit when applying for the Bajaj Finserv EMI Card? Just an open ECS (Electronic Clearing Service) mandate duly signed, photo ID, address proof, passport-size photograph and a cancelled cheque, and for an eligibility check—his salary slip.
- Flexible EMI Tenor:
For buying his new apartment, Rohan has loosened his purse strings substantially. Therefore, he was afraid that paying a higher EMI for a short tenure may strain his monthly budget. Fortunately, the Bajaj Finserv EMI Network Card allowed him longer tenure options, and Rohan opted for 12-month term.
- Easy to Use – Just Like a Credit or Debit Card
To pay using the EMI Card, all Rohan had to do was walk into a Bajaj Finserv partner store or enter his favourite e-commerce website. He picked whatever appealed to him, and paid with his EMI Card by simply swiping or entering his card details and submitting the one-time password for verification. He got instant approval on his EMI purchase.
- Flexible EMI Tenures
For buying his new apartment, Rohan has loosened his purse strings substantially. Therefore, he was afraid that paying a higher EMI for a short tenure may strain his monthly budget. Fortunately, the Bajaj Finserv EMI Card allowed him longer tenure options, and Rohan opted for 12-month term.
Like Rohan, you too can go cashless and buy your heart’s desire on EMI with the Bajaj Finserv EMINetwork Card, joining a network of over 7 million people. And it’s not just furniture and appliances—you can even shop electronic gadgets, groceries, apparel and accessories, or pay for cosmetic treatments and hair transplants on EMI with the Bajaj Finserv EMI Network Card!
All you have to do is sign for the EMI Card through our customer portal or when shopping at any of our partner stores.
Think it. Done with Bajaj Finserv.