How to Apply for Bajaj EMI Card: Complete Guide

In today’s fast-paced world, access to easy credit is essential for managing big-ticket purchases. Whether it’s a new smartphone, home appliance, furniture, or even medical treatments, the ability to buy now and pay later makes life significantly more convenient. The Bajaj Finserv EMI Network Card is a popular option that allows customers to make purchases on easy, interest-free EMIs (Equated Monthly Installments). Unlike traditional credit cards, this card doesn’t involve the hassles of high interest rates or hidden fees. It has revolutionized consumer finance by making it easier for individuals to finance their purchases across thousands of partner stores, both online and offline, without stressing about immediate full payments.

In this guide, we’ll take a detailed look at how you can apply for a Bajaj EMI Card, the features and benefits of using it, the eligibility criteria, and the step-by-step process of completing your application. We’ll also explore how this card compares to traditional credit options, the repayment structure, and tips for maximizing its potential.

By the end of this comprehensive guide, you will have a clear understanding of the Bajaj EMI Card and how it can simplify your financial life, allowing you to make large purchases effortlessly with no cost EMI.

Table of Contents

What is the Bajaj EMI Card?

The Bajaj Finserv EMI Network Card, commonly referred to as the Bajaj EMI Card, is a digital card that allows you to convert your purchases into manageable, no-cost EMIs. With a pre-approved loan limit, the card enables you to shop at a wide range of partner stores and pay for your purchases over some time without the burden of interest charges.

The key feature of this card is its ease of use. Unlike traditional loans, which may require cumbersome paperwork, approvals, and interest payments, the Bajaj EMI Card simplifies the process. Once you have the card, you can make instant purchases and repay the cost in affordable installments over a flexible tenure.

Whether you’re shopping for electronics, home appliances, furniture, travel bookings, or medical services, the Bajaj EMI Card can be used at over 1.2 lakh partner stores across 2,900+ cities in India. Additionally, it can be used on major e-commerce platforms such as Amazon, Flipkart, and Paytm.

Now that you know what the Bajaj EMI Card is, let’s move on to how you can apply for one.

Step-by-Step Guide to Apply for a Bajaj EMI Card

Applying for a Bajaj EMI Card is a relatively simple process. It can be done both online and offline, depending on your preference. Below is a step-by-step guide that will walk you through the entire process, ensuring that you can get your card without any confusion or delays.

Check Your Eligibility

Before applying for the Bajaj EMI Card, it’s crucial to ensure that you meet the eligibility criteria. Bajaj Finserv has set specific requirements to ensure that only qualified individuals can avail of this service.

Age Requirement: The applicant must be between 21 to 60 years old. This ensures that the applicant is either gainfully employed or has a steady source of income.
Regular Income: You need to have a stable source of income to ensure that you can manage your EMIs. Typically, salaried individuals and self-employed professionals are eligible. Bajaj Finserv may require proof of income during the application process.
CIBIL Score: Your CIBIL score (Credit Information Bureau India Limited) plays a significant role in your eligibility. A good credit score reflects your creditworthiness and your ability to manage credit responsibly. Most applicants with a CIBIL score of 720 or higher have a better chance of approval.
Existing Relationship with Bajaj Finserv: If you are an existing customer of Bajaj Finserv, either with a personal loan or another type of loan, you may have already been pre-approved for a Bajaj EMI Card. Pre-approved customers can check their eligibility instantly by logging into their Bajaj Finserv customer portal.
Address Proof: You must be a resident of India, and you will be required to submit valid address proof, such as an Aadhaar card, driving license, voter ID, or passport during the application process.
Valid Identity Proof: Along with address proof, you’ll also need to submit valid identification proof. This can include documents such as your PAN card, Aadhaar card, or passport.

Apply for the Bajaj EMI Card Online

Once you have confirmed that you meet the eligibility criteria, the next step is to apply for the Bajaj EMI Card. The easiest and most convenient way to apply is online through the official Bajaj Finserv website. Here’s how to do it:

Visit the Bajaj Finserv Website: Go to the official Bajaj Finserv website and navigate to the “EMI Network Card” section. You’ll find detailed information about the card, its features, and a direct option to apply.
Fill in Your Personal Information: You’ll be asked to fill in basic details such as your full name, mobile number, date of birth, and address. Make sure to provide accurate information, as this will be used for verification purposes.
Verify Your Mobile Number with OTP: Bajaj Finserv will send a One-Time Password (OTP) to the mobile number you provided. Enter the OTP to verify your phone number.
Submit the Necessary Documents: Upload scanned copies of your identity proof (Aadhaar card, PAN card) and address proof (voter ID, driving license, or utility bill). These documents will be used to verify your eligibility and identity.
Pay the Joining Fee: Once your documents are submitted, you’ll be prompted to pay a one-time joining fee. The joining fee for the Bajaj EMI Card is typically nominal, but it may vary depending on ongoing offers or promotions.
Receive Your EMI Card: Once your application is processed and approved, you will receive your Bajaj EMI Card. It is a digital card that you can access through the Bajaj Finserv app or customer portal. This card is immediately usable for purchases at partner stores.

Apply for the Bajaj EMI Card Offline

If you prefer to apply for the Bajaj EMI Card offline, you can visit any partner store that is part of the Bajaj Finserv EMI Network. Here’s how you can apply for the card at a physical location:

Visit the Nearest Partner Store: You can find the nearest Bajaj Finserv partner store using the store locator on the Bajaj Finserv website. These stores include popular outlets for electronics, home appliances, furniture, and more.
Speak to a Bajaj Finserv Representative: Once you arrive at the store, speak to the Bajaj Finserv representative. They will guide you through the application process and explain the features and benefits of the card.
Submit Your Documents: Just like the online process, you’ll need to submit identification and address proof. You can provide physical copies of documents such as your Aadhaar card, PAN card, driving license, or passport.
Pay the Joining Fee: The representative will assist you in paying the joining fee. You can make the payment using cash, debit card, or any other acceptable mode of payment at the store.
Receive Instant Approval: Upon submitting the required documents and paying the fee, your application will be processed on the spot. If everything is in order, you’ll receive instant approval, and your Bajaj EMI Card will be activated for use.

Activate Your Bajaj EMI Card

Whether you applied for the Bajaj EMI Card online or offline, the final step is to activate your card. You need to complete this process before making any purchases on EMI. Here’s how you can activate your card:

Download the Bajaj Finserv Wallet App: The Bajaj Finserv Wallet App is available on both Google Play Store and Apple App Store. Download and install the app on your smartphone.
Login to Your Account: Open the app and log in using your registered mobile number. If you haven’t registered yet, you can sign up using your mobile number and OTP verification.
Find Your EMI Card: Once you are logged in, navigate to the “My EMI Card” section of the app. Here, you’ll find your Bajaj EMI Card, along with details like your pre-approved limit and available balance.
Activate the Card: To activate the card, you may need to enter a PIN or complete a verification step. Once done, your card is ready for use.

Use Your Bajaj EMI Card for Purchases

Now that your Bajaj EMI Card is activated, you can start making purchases on easy EMIs. You can use the card at any of the 1.2 lakh partner stores across the country, as well as on e-commerce platforms like Amazon and Flipkart. Here’s how to purchase with the card:

Visit a Partner Store or E-Commerce Website: Select the items you wish to purchase, whether it’s an electronic gadget, home appliance, or medical treatment.
Choose EMI as Payment Option: At the checkout or payment counter, choose “EMI” as the payment method. If you’re shopping online, select “Bajaj Finserv EMI” under the payment options.
Select Your Tenure: You’ll be given the option to select the repayment tenure, usually ranging from 3 to 24 months. Choose a tenure that suits your financial planning.
Complete the Transaction: Once the tenure is selected, complete the transaction. No down payment is required in most cases, and your purchase is converted into easy EMIs instantly.
Repay in EMIs: After the purchase, you can repay the amount in monthly installments as per the tenure chosen. Ensure timely payments to avoid penalties.

Conclusion

The Bajaj EMI Card offers a unique and flexible way to make purchases without the burden of paying the full amount upfront. Its easy application process, wide acceptance at partner stores, and no-cost EMI feature make it a preferred choice for many consumers. Whether you’re shopping for electronics, booking travel, or seeking medical services, the Bajaj EMI Card simplifies financing with no hidden costs or interest fees. By following the steps outlined in this guide, you can easily apply for and start using the card, allowing you to enjoy the convenience of affordable monthly installments.