prpri Why EMI Card is more preferred payment option during a crisis Why the EMI Card is the more preferred payment option during a crisis

Managing one’s finances during a crisis can be a daunting task and it often teaches us a few things about being better at managing our finances. The good news is that today we have many tools at our disposal which allow us to get going during trying times. One such tool is the Bajaj Finserv EMI Network Card. The card offers the benefit of No Cost EMI which means a customer will pay only the amount of the product he purchases and not any additional charges for the purchase. Sounds good, right? Let’s dive into the details.

What is No Cost EMI?

According to a September 2013 circular issued by the RBI, lenders in India are prevented from offering zero interest rate on consumer loans or EMIs. This means that when you purchase an item and select the no cost EMI option, the amount of interest on the EMI that you would be charged is deducted from the product’s price itself. To summarise, it’s a discount that you get on the product’s price which is equal to the amount of interest you would have had to pay for the product

Discounts & Rewards

The No Cost EMI is one amongst the many great features that the card offers. You get amazing discounts on your favorite products across 84,000+ partner stores in India Avail amazing product offers and discounts, both online as well as offline with their partners pan India.   

No cost EMI Meaning Worry-free Shopping!

Buying in times of a crisis is always a struggle. The burden with the pressure of growing interest stops most people from buying. This is again where the Bajaj Finserv no cost EMI feature saves the day. It offers a unique take on the ‘buy now, pay later’ method by acting as a hassle-free alternative payment option which never charges you any interest & lets you pay in convenient monthly instalments. 

Where can you use the Bajaj Finserv EMI Network Card?

The Bajaj Finserv EMI Card can be used in a huge number of online shopping portals. You can use it to grab the best deals on top products on the Bajaj Finserv EMI Store. Easy EMIs are also available when you shop for furniture at Pepperfry. Not just products, the Bajaj Finserv EMI Network card can be used to buy tickets from popular websites like Yatra, MakeMyTrip and Goibibo at no cost EMI to help you save money when you travel to your dream destinations. That is not all! The Bajaj Finserv card can also be used offline to shop using no cost EMI at over 84,200+ Bajaj Finserv EMI network card partner stores across 1300+ cities in the country.

“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.

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July 2021