Nowadays everyone wants to buy a phone, LED TV, fridge or laptop. But not everyone can afford to pay such a huge amount at once. That is why taking Monthly financing has become the easiest and best option for people. Bajaj FinServ Monthly financing Card is one such smart option that gives you the opportunity to buy your favorite things without cash. It is very simple and easy to do. You can use the card at both online websites and physical stores. If you understand the right way to do it, taking EMI card becomes very easy and beneficial. In this guide, we will tell you the complete way to use Bajaj FinServ EMI Card, which will make both your shopping and finances easier.
What is Bajaj EMI Card?
Bajaj Monthly financing Card is basically like a prepaid card in that you are given a fixed credit limit. This limit depends on your financial profile and Bajaj FinServ rules. Within this limit, you can buy what you want and pay it off easily by splitting it into monthly accounts. With this card you don’t need to carry more cash than your budget. Using this card is very easy, you don’t need to do any lengthy paperwork and you don’t need to visit a bank branch. You can activate your card, check your limit and change your EMI plans easily from your mobile app or website.
- Within this limit you can buy whatever you like.
- No need to do any lengthy paperwork or bank visits.
- You can activate and manage the card from the app or website.
- Payment should be made on a monthly basis to reduce financial stress.
- Visit a shop that has a tie-up with Bajaj Finserv.
Ways to Use Online EMI
When you are shopping online, using the card is very easy. First, you need to add your Bajaj EMI card to the website you want to shop from. Often, on websites, the EMI of Bajaj FinServ EMI card option is available in the payment section. You have to select the product of your choice and then select the Monthly financing option on the payment page. There you have to select the Bajaj Monthly financing card plan. You can choose any of the 3, 6, 9, 12 month EMI plans as per your convenience. After selecting the plan, confirm your payment. You instantly receive an SMS and app notification containing your Monthly financing details. Every month you will get a reminder of your monthly payment which you can also track through the app.
Using the card in store
Using the Bajaj FinServ Monthly financing card is very easy if you are shopping at a physical store. Most electronic, mobile and furniture stores have a tie-up with Bajaj FinServ. Visit the store, select the items of your choice and show your Bajaj EMI card to the cashier. The merchant will swipe your card or enter the card number. Then you provide your identity proof which is required for verification. After confirmation, you are given options of EMI plans in which you can choose your repayment period. After confirming the plan, your payment is converted into Monthly financing . Every month payment will be deducted from your account and you can monitor the process from your mobile app. This way you can easily buy your desired items from the store without cash.
- Show your Bajaj EMI card to the cashier.
- Submit your ID proof for verification.
- Choose your suitable tenure from Monthly financing plans.
- Payment will convert into Monthly financing after plan confirmation.
Key Benefits of the Card
Bajaj FinServ Monthly financing Card has many benefits that make it the most popular Monthly financing option today. The first and foremost benefit is that you get a no-cost EMI option on this card, meaning you don’t have to pay any extra interest. You only have to pay the actual price of the product. Another advantage is that with this card you can adjust your purchases according to your budget and reduce your financial stress. With this card, you get different tenure Monthly financing plans, which you can choose according to your income and expenses. The third advantage is that you don’t need to go to the bank, everything can be done from home through an app or website. And the fourth advantage is that you can buy multiple products within your limit on Monthly financing , giving you a lot of flexibility in purchasing.
Important points for safe use
There are a few important things to keep in mind while using the Bajaj FinServ Monthly financing Card. First, always make your Monthly financing payments on time, late payments attract extra fees that affect your budget. Late payments can also affect your credit score, which can cause problems when you apply for a loan or card in the future. Another important thing is to set reminders for your Monthly financing payments, you can use your phone calendar, bank app alerts, or voice assistants. Setting up an auto debit facility is a great option, as each month’s payment is automatically deducted and you don’t have to worry about missing a payment. The third thing is to shop within your limits, spending more than your limit can get you into trouble in the future. You should keep checking your balance and Monthly financing status every month to keep track of your financial health.
The result
Bajaj FinServ Monthly financing Card is a very smart and useful tool for today’s era. This card helps you manage your daily purchases and large investments with ease. You can use this card at both online shopping websites and physical stores, giving you flexible and convenient payment options. Proper use of this card saves you from cash stress and improves your financial planning. You can easily track your payments through mobile apps and SMS alerts. Bajaj FinServ Monthly financing Card is both very easy to get and use, you just need to make your payments on time. If you challenge yourself after understanding your limit and Monthly financing plans, this card will definitely help you become a smart shopper.