Shop on EMIs without a Credit Card!

In recent years, India has seen rapid technological advancements and the integration of digitalisation into most industries. As internet penetration increases and more and more people have access to smartphones and computers, a lot of changes are becoming visible across the country and its technological landscape.

Payment options is one sector that has evolved drastically over time. From barter, the human civilisation moved to different forms of currency, including coins, cash, etc. Over the last several decades, plastic money in the form of debit and credit cards have become especially popular owing to the ease and convenience they offer. Swiping a card takes away the hassle of having to ask for change back, as is the norm with cash payments, and also eases the purchase of large items, such as household appliances, electronics, etc. which would involve handling of large bundles of cash otherwise.

Credit cards are an immensely useful tool, especially for purchase of premium items, which may otherwise not be affordable. Since credit cards offer a line of credit that can be utilised to purchase goods and services, it is considered standard practice to make purchases through your card and then repay the amount at a later period in time.

As the market competition intensifies with newer and better payment methods being released into the market, existing products continue to evolve in a bid to remain competitive in the changing market landscape. For instance, in recent times, credit card companies have begun offering customers the option to repay their credit in the form of equated monthly installments (EMIs). Making credit card repayments through EMI are a great option for customers who have used the credit card to make premium purchases and are unable to repay the same all at once. Buying furniture on EMI, mobile on EMI, and even laptops on EMI is emerging as a common practice, owing to the high-ticket price of these items.

However, even as EMIs emerge as the prevalent forms of payment, the use of them to make credit card repayments are being discouraged. This is owing to the higher rate of interest charged on credit card repayments, made through EMIs. More and more consumers have begun to express interest in payment of EMI without credit card, and this has resulted in products such as the Bajaj Finserv EMI Network Card, which empowers customers to buy products at no cost EMI. No cost EMI means that customers can buy products through the Bajaj Finserv EMI Network Card, and not pay any interest on the EMIs due.

The no cost EMI benefit on the Bajaj Finserv EMI Network Card can be availed to buy more than a million products at over 84,200 partner stores across more than 1,300 cities in India. Read on to learn more benefits that the product offers in terms of hassle-free payments, both online and offline.

1. The Bajaj Finserv EMI Network Card comes with a pre-approved limit of INR 1.5 lakhs, which can be used to shop for a range of items both online and offline.
2. The best part about using the Bajaj Finserv EMI Network Card is the flexible repayment tenure, that enables customers to pay off their EMIs at their own convenience, anytime between 3 to 24 months.
3. Applying for the Card is extremely easy, and you can complete the entire process online, including the submission of documents.

With the Bajaj Finserv EMI Network Card, avail the benefits mentioned and more, at more than 84,200 partner stores both online and offline, located across more than 1,300 cities throughout India.