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.


The one obstacle is his way was that he was suffering from a cash crunch due to the recent demonetisation. 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 in-store EMI schemes required credit cards—which meant paying processing charges and 12-14% interest.

Fortunately, the Bajaj Finserv EMI Card offered Rohan a convenient and affordable alternative. After signing up for the EMI 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 Card!

Want to experience the freedom that Rohan did? Here’ what prompted Rohan to apply for the Bajaj Finserv EMI Card:

  • Zero-interest Transactions:

Unlike shopping with a credit card, every transaction that Rohan did with his Bajaj Finserv EMI Card was free of interest. So he did not have to worry about having to pay any extra interest or a large debt.

  • A Loan Amount that Came Pre-approved Valid at More Than 30,000 Retailers

His EMI Card allowed Rohan to utilise a pre-approved loan amount when shopping at any of Bajaj Finserv’s retail partners—both online and offine. 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 30,000+ stores that Bajaj Finserv had partnered with across Indian cities.

  • Over 1 Million Products Across 300+ 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 300 cities, he was keen on shopping for his Lucknow-based parents too!

  • Low Joining and Renewal Fees:

When Rohan signed up for the Bajaj Finserv EMI Card, he only paid a joining fee of Rs. 399. He wasn’t required to pay the renewal fee of Rs. 99, since he had shopped appliances and furniture for his new home on the EMI Card in the 12 months after signing up!

  • Easy Procedure for Signing Up

Rohan was delighted to learn that there wasn’t any lengthy, cumbersome procedure to apply for the Bajaj Finserv EMI Card. All he did was apply for the EMI Card when purchasing the best products for his home at a Bajaj Finserv partner store.

  • 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.

  • 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.

  • Zero Foreclosure Charges:

There was a strong possibility that Rohan could get a promotion next year. Therefore, he wanted an EMI scheme with no foreclosure penalty that he could pre-pay once he got a raise. He liked that the Bajaj Finserv EMI Card encouraged early payments. He could make up to six prepayments in a year without any charges!

Like Rohan, you too can go cashless and buy your heart’s desire on EMI with the Bajaj Finserv EMI 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 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. For more information, click here.

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