Do I Need Good Credit Scores To Apply For An EMI Card?

Without Credit Card EMI

Although a credit card seems to have many pros, an EMI card such as the Bajaj Finserv EMI Network Card has distinctive advantages over a credit card. These are elucidated below:

• Quick Application Process: A credit card application may take some time to get approved, and you may have to submit several documents to avail of one. You also have to fulfil certain criteria to meet eligibility, such as a good credit score of at least 750 or above. However, the application process is convenient for the Bajaj Finserv EMI Network Card, and you get your card swiftly by submitting a few documents and meeting easy eligibility criteria. This includes a source of income but not a sufficient credit score for an EMI card application. After you apply, the card is yours almost instantly.
• NO Cost EMI: Perhaps the most appealing feature of the Bajaj Finserv EMI Network Card is the ability to buy products in NO Cost EMI. This means that you are not charged interest with EMI payments, unlike with credit card use. Furthermore, credit card interest rates may be high.
• Flexible Tenures For Repayment: You can repay EMIs within flexible tenures, ranging from 3 months to 2 years. This gives you a broad window to make repayments, and you can choose tenures. With credit cards, depending on the card, tenures are not that long and, at best, may reach a maximum of 12 months for EMI repayments.
• Offers Pre Approved: You may get pre-approved offers at particular periods, saving you more money.

Features Of The Bajaj Finserv EMI Network Card

The most inviting feature of this card is its function as a digital payment instrument that offers consumers the advantage of NO Cost EMI. With a versatile application, the procedure is quick, and with easy steps, you can avail this card for use as soon as possible at Finserv MARKETS. The card gives you the gift of affordability, not just with its NO Cost EMI facility but also with discounts when you shop at the Bajaj Finserv EMI Store. Besides this, the card can be used to purchase over a million items from top brands at 1.2 lakh or more partner retailers, both offline and online. You can use this card in above 2,900 cities across the length and breadth of India, shopping for a range of products from devices and home appliances to mattresses and furniture. Shopping on EMI without credit card use has never been easier, as greater than 3 crore members of Bajaj Finserv will tell you.