It is not uncommon to hear about the struggles of adapting to the ‘adulting’ world. When it comes to finance, in specific, credit card applications are made by individuals as young as 21 years of age. Credit cards, as most people are aware of, are harder to handle compared to other cards because missing a mere payment can hurt your credit CIBIL score, amongst other repercussions. For this reason, to build financial responsibility we recommend you invest in a credit card alternative– the Bajaj Finserv EMI Network Card—by listing down the five main reasons to apply for it.
- Minimal Eligibility Requirements
You can qualify to apply for the Bajaj finance card if you are an Indian citizen who falls between the 21 to 60 years age bracket with a regular source of income. Most individuals qualify to apply for the EMI card under these conditions. These criteria are also more convenient in comparison to credit card application requirements.
- Minimal Documentation Submission
Unlike other card lenders that expect the submission of several documents to assess your financial standing to procure the pertinent card, the Bajaj finance card has minimal requirements. Only two main documents are requested for submission. This includes the submission of identification proof (in the form of your Aadhar card number) and KYC number (which needs to be submitted via OKYC or CKYC). Other documents for verification of the information you register with may be requested for later but these two documents are the main details that are asked for when applying for the Bajaj Finserv EMI Card.
It must be noted that this application process can be completed 100% digitally, thereby eliminating you from having to visit a physical store. This is a very convenient measure due to the release of recommended social distancing guidelines as a result of the 2019 Coronavirus pandemic.
- Shopping Benefits
As the prestigious owner of this EMI card, you can get access to several exclusive discounts and offers from many reputed shopping outlets in India. These offers extend to Bajaj Finserv’s partner stores located across 1,900 cities. Both offline and online benefits are provided to you as the holder of this card. With regards to the e-commerce benefits you gain, you can shop comfortably from home and avail regularly placed discounts on certain product lines. These product lines include electronics, household appliances and so much more. Some of the e-commerce platforms you can shop from include:
- Bajaj Finserv EMI Store
- Choose My Bicycle
- Paytm Mall
Purchasing products from these platforms using your EMI card will also permit you to use supplementary services such as 24/7 hour delivery services, doorstep demo and so on.
- Easy EMIs
For the Bajaj card, apply online and get access to the payment of easy EMIs for all your purchases. This EMI facility comes with flexible tenor options (3 to 24 months).
- Loan Advantages
By merely accessing your Bajaj Finserv login and filling up the required details, you can procure this card along with the loan advantages that come with it. These advantages include your ability to garner a loan up to Rs. 40 lakhs. You can access this loan or your EMI card (Bajaj) from regardless of where you reside in India at any time of your day as well. Furthermore, no foreclosure charges will accrue if you pay for a loan you procure after your first EMI.
If you are interested in driving down your shopping bill a little and paying for products at your own pace, applying for the Bajaj Finserv EMI Network Card is recommended. Equipped with easy EMI payment options and loan acquiring advantages, it is a convenient investment.