What is EMI Shopping App and How Shopping on EMI Works

Know how the best EMI shopping apps work using Insta EMI Card at zero down payment, Easy EMI, and without credit card.
What is EMI Shopping App and How Shopping on EMI Works
3 min
18-Dec-24

Online shopping has become an integral part of our daily lives. From fashion to electronics, groceries to home appliances, we can buy almost anything with just a few clicks. But, what if this convenience could come at a more affordable cost that aligned with your budget? That’s where the Bajaj Finserv Insta EMI Card comes in. Let’s explore how this financial tool can be your gateway to hassle-free shopping on EMI.

Overview

Shopping apps like those from Amazon and Flipkart have revolutionised the way we shop. Whether you’re browsing for the latest fashion trends, or hunting for the best deals on gadgets, these apps offer convenience, variety, and exciting discounts. And, with the Bajaj Finserv Insta EMI Card, you can take your shopping experience on these apps to the next level.

How EMI shopping on the Bajaj Finserv App works

The Bajaj Finserv app streamlines the EMI shopping process with its Insta EMI Card. Users can easily register, apply for the card, and browse partner stores online or offline. By selecting products and choosing flexible repayment tenures, users can make purchases without straining their budgets.

Once a purchase is made, the app allows users to manage their EMIs efficiently, providing an overview of outstanding balances and payment dates. With options like Easy EMI, Bajaj Finserv makes high-value shopping affordable. Customer support is readily available for any queries, ensuring a smooth and hassle-free shopping experience.

Features and benefits of using the Insta EMI Card for shopping

The Bajaj Finserv Insta EMI Card liberates you from the shackle of immediate payments. You can buy your desired product now, and pay for it later in easy monthly instalments. Here’s a closer look at the features and benefits of the Insta EMI Card:

  • Pre-qualified limit: Depending on your eligibility, you can receive a generous pre-qualified card loan limit of up to Rs. 3 lakh. This limit acts as your virtual credit line, allowing you to make purchases without having to pay immediately.
  • Wide network: The card is accepted across more than 4,000 cities across India at 1.5 lakh+ partner stores and all major e-commerce websites and apps. Whether you’re shopping online or offline, you can shop on EMIs without any hassles.
  • Zero down payment: During festive seasons or special promotions, you can avail of zero down payment schemes. This means you don’t have to pay anything up front when making your purchase.
  • Flexible repayment terms: Convert your purchases into monthly instalments over flexible repayment tenures of over 1 to 60 months.
  • Nil foreclosure charges: You can pay off your loan early without worrying about foreclosure charges.
  • Credit score boost: Contribute positively to your creditworthiness with regular and punctual EMI payments.

Eligibility criteria for the Bajaj Finserv Insta EMI Card

  • Indian national
  • Between 21 years and 65 years of age
  • With a regular source of income
  • With a credit score of 720 or higher
  • Possessing valid documentation, including PAN and Aadhaar cards, proof of address, and bank account information and IFSC code for e-mandate registration

How to apply for Insta EMI Card

If you meet the basic eligibility criteria, follow either one of these routes to gain instant approval:

  • Online application
    • Visit the Bajaj Finserv website
    • Enter your mobile phone number and complete the OTP verification process
    • Fill in the necessary personal, employment, and banking related details to discover your pre-qualified limit
    • Complete the KYC verification process
    • Pay the one-time joining fee
  • Offline application 
    • At a Bajaj Finserv partner store, just prior to purchase, opt for in-store financing
    • Ensure you carry the necessary documentation along so that the store representative can assist you and verify the documents
    • Once approved, pay the one-time joining fee to have your card issued and ready-to-use
    • Your dream smartphone, that cosy recliner, or the latest fashion trends – they’re all within reach. So, go ahead, explore, indulge, and shop smartly with the Bajaj Finserv Insta EMI Card. Apply today!

Check also:

EMI full form BNPL POS full form

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

What are the benefits of the best EMI shopping apps?
The best EMI shopping apps offer affordability, convenience, and improved cash flow. By spreading the cost of purchases over manageable EMIs, users can access a variety of products without hefty upfront payments. Additionally, responsible use of these apps can positively impact credit scores.
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