Every time you use your Insta EMI card across our partner network of 1.5 lakh+ stores in 4,000 cities, shopping sites like Amazon, Flipkart, or our exclusive shopping site Bajaj Mall, we maintain the details of each transaction in our systems. At the end of every month, you will get a comprehensive document with the details for all the transactions that you have done for the month. This is referred to as Statement of Accounts (SOA).
Your SOA includes a number of important details such as the total EMIs paid, the date and amount of the last EMI, and more. You can find details such as missed or delayed payments, and other transactions that you may have done on your Insta EMI Card.
You should check your statement of accounts periodically and keep track of your payment status. You will be able to record your payments and report errors, if any.
The Insta EMI Card SOA includes the following sections:
Section |
Description |
Loan details |
The loan details section includes information such as the date of issue of the card, card limit, and the outstanding balance. |
Payment summary |
This section gives you an overview of the instalments amount and penalties if you miss any instalments. |
Transaction history |
You can find an update on all the EMIs paid by you as well as a record of missed EMIs, if any. The transaction history also displays details of the fees charged on the loan such as bounce and part-prepayment charges. |
Importance of an SOA
Your SOA is a very important document that you should check every month. This document carries the details of all your transactions done by you using your Insta EMI card. This is an official record that will help you get your issues resolved and track your loan details. You may rarely find a discrepancy on the details mentioned in your Insta EMI Card statement.
How to find your Insta EMI Card statement
You can find your Insta EMI Card statement by visiting our customer portal - My Account. Use a web browser on your phone or computer or with the Bajaj Finserv app to access My Account.
Using a web browser
At the time of issuing your card, we generate a customer ID that you can use to access our dedicated customer portal - My Account. Hereunder are the steps to view or download your SOA online.
- Sign in using your customer ID and password or mobile number and OTP.
- Click on ‘My Relations’ to see your ongoing relationships with us
- Under ‘Card’, select your Insta EMI Card
- Under the ‘Quick Actions’ tab, select ‘View Statements’ to view or download your loan account statement
- Alternatively, under the ‘Card’ section, you can click on the e-statement tab to download your SOA.
Using the Bajaj Finserv app
- Click on ‘My Relations’ to see your ongoing relationships with us
- Under ‘Card’, select your Insta EMI Card
- Under the ‘Quick Actions’ tab, select ‘View Statements’ to view or download your loan account statement
- Alternatively, under the ‘Card’ section, you can click on the e-statement tab to download your SOA.
Go to My Account
Why is your Bajaj Finserv Insta EMI Card statement important?
Your Bajaj Finserv Insta EMI Card statement holds significance for several reasons. Firstly, it serves as a detailed record of your transactions, enabling you to track your purchases and monitor your spending habits effectively. This visibility is crucial for maintaining financial discipline and budgeting wisely.
Secondly, the Insta EMI Card statement provides transparency regarding your outstanding dues, payment due dates, and applicable charges. This clarity helps you plan your finances better and ensures timely repayments, thereby safeguarding your credit score.
Benefits of regularly checking your statement
Regularly checking your Bajaj Finserv Insta EMI Card statement offers several advantages. It enhances your financial awareness by providing a detailed summary of your transactions, instalments, fees and charges, insurance and other details. Additionally, the statement helps you plan effectively by showing outstanding loan amounts, remaining tenure, total interest paid, and more. Furthermore, you plan on prepayment or foreclosure so as to save interest payment.
In summary, the Insta EMI Card Statement of Account is a crucial tool for managing finances conveniently and transparently. It provides a clear overview of transactions, payments, and outstanding balances, helping users make informed choices.
This statement is not just about numbers; it empowers people by showing their spending habits and encouraging smart financial decisions. It reflects the commitment of financial institutions to openness and customer satisfaction, ensuring users have control over their finances.
As we navigate personal finance, the Insta EMI Card Statement of Account becomes a dependable ally, guiding us with confidence. It is not only about figures; it represents financial responsibility, empowerment, and a more knowledgeable financial future.
