Like many credit cards and debit cards, EMI cards also offer you a lot of benefits. When you choose between them, remember to see that it fits your requirement and your budget. The Bajaj Finserv Insta EMI Card also offers you many benefits.
The card’s benefits range from household goods, such as a toaster or a microwave oven, to larger purchases, such as a two-door refrigerator or a large television set. You can also use the Bajaj Finserv Insta EMI Card to purchase a smartphone.
We can categorise the benefits under different heads. They are:
- Number of stores to buy from
- A large number of goods to buy
- Ease of payment through EMIs
- No charge-EMIs
- Security assured
Number of stores
The company – Bajaj Finserv – has tied up with over one lakh stores across the country. These stores, online and offline, accept the card. The stores are spread across 2,300-plus cities across the country. That ensures that you can easily find a store near you if you want to buy anything offline. The card, therefore, has a pan-India presence.
A very large number of goods
You can access these stores online, or you can also visit the stores and see for yourself. The partnerships struck by the company presents before the buyer over a million products to choose from. The products range from household items, such as a blender mixer for your kitchen, or even a split air conditioner. You can even buy your loved one an expensive smartphone. You can do this, despite your existing income and budget being constricted.
Ease of EMIs
For example, you set your heart on the matted black Samsung Galaxy A52s, a 5G ready phone. You see, it has a fantastic 128GB ROM, a 6GB RAM and has all the bells and whistles you need. You see that its price is Rs. 30,999 online. That could have been way off your budget until you realised that you would have to pay just Rs. 1,292 per month at the longest tenure with this card.
No extra charge
Many organisations offer EMIs. However, most of them add interest to the EMIs. When you shop with the Bajaj Finserv Insta EMI Card, you pay no interest. The card offers you charge-free EMIs. That means you will not pay a penny extra for purchasing a phone or any other item. That is how the phone you buy will not cost more.
The security angle
This card is 100% digital and has no physical presence. That means you cannot lose it, or it cannot be stolen. That almost completely eradicates scams of such types. Also, since you are the only one who knows how to use it, that acts as double protection.
To know more, check out the website here.
How to get the card
If you want to get that card, you can do it from the above websites. Be prepared with documents, such as your:
- Aadhaar card
- PAN card and
- Bank details, including your account number and the IFS Code.
The mobile number to use
Log in and enter your mobile number. Use the number you have linked with your Aadhaar, PAN and bank account. This is important because a wrong number may prevent you from getting the card.
In 30 seconds, the site will give you a basic assessment. When you get the green signal, you go in and enter all details asked for. Pay a joining fee of Rs 530, and the card will be yours.
Your PAN will be required because the government has mandated that every formal financial transaction should be accompanied by your permanent account number. Therefore, this is also an important detail you should not miss out on.
The birth date
The birth date you mention should tally with what you have mentioned in your PAN. There should be no mistake in this.
Your bank details will be required by the company for the e-mandate. With this e-mandate, you provide your bank standing instructions on auto-debiting your account to pay the EMIs. This should happen on a particular date each month. Apart from making sure that your account has enough funds for the debit on that day, you will have no other worry.
This will also allow you to concentrate on other important things at peace.
No waiting period
For most of the other cards on the market, you will have a waiting period. This is a standard security procedure adopted by most banks. The card comes to your registered address by post. For the Bajaj Finserv Insta EMI Card, there is no waiting period because the card is digital. You can download it directly on your phone and start using the card immediately.
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