Buying Products on EMI Without Credit Card
Friends, during Flipkart’s Big Billion Sale, we purchased this iPad on installments. Today, many people want to buy products on EMI, but they feel that it’s only possible if they have a credit card.
In reality, the Bajaj EMI Card is a simple solution. With this card, you can buy any product from Flipkart, Amazon, Reliance Digital, or other stores without needing a credit card.
Common Confusions About Bajaj EMI Card
Many people are confused about the Bajaj EMI Card. Some say the card doesn’t work, some face KYC rejection, and others don’t get approval at all.
In this guide, I will explain the step-by-step process of creating the card and using it for online shopping.
Why Credit Cards Are Not Always the Best Option
I already have multiple credit cards, but applying for one is complicated. Banks usually ask for:
- Bank statements
- Income proof
- Salary slips
Even after providing everything, there’s no guarantee of approval. Plus, credit cards often come with:
- Joining fees of ₹500–₹1,000
- 16–17% interest on EMI purchases
On the other hand, the Bajaj EMI Card costs only ₹599 one-time fee and allows No Cost EMI purchases.
Example: EMI Comparison
| Payment Mode | Product Price | Final Payment |
|---|---|---|
| Credit Card EMI | ₹15,000 | ₹18,000 |
| Bajaj EMI Card | ₹15,000 | ₹15,000 (No Cost EMI) |
So, with Bajaj EMI Card, you only pay the product’s price divided into EMIs — without any extra charges.
Bajaj EMI Card Features
- Instant approval with mobile verification
- Credit limit up to ₹5,00,000
- ₹2,000 cashback on first offline purchase
- ₹100 cashback on fee payment
- Accepted at 1.5 lakh+ stores and online platforms like Flipkart, Amazon, MakeMyTrip, Croma, Reliance Digital, etc.
Step 1: How to Apply Online
- Enter your 10-digit mobile number and click Get Instant Approval.
- Verify with OTP.
- Fill in personal details:
- Full Name
- Date of Birth
- PAN Card Number
- Pincode and City
- Gender
- Employment Type (Salaried or Self-Employed)
👉 If you are self-employed, GST number is optional.
Step 2: Card Approval and KYC
After submitting details, you instantly see your approved limit. For example, ₹1,35,000.
Then, complete KYC:
- Aadhaar verification via OTP
- Confirm address and photo details
- Pay one-time joining fee ₹599 (₹530 + ₹69 convenience fee)
Payment can be done via UPI, Net Banking, Debit Card, or Credit Card.
Bajaj EMI Card Fee Breakdown
| Particular | Amount (₹) |
|---|---|
| Card Joining Fee | 530 |
| Convenience Fee | 69 |
| Total One-Time Fee | 599 |
Step 3: Activating the Card (E-Mandate)
Once the card is issued, you must link it with your bank account for EMI payments. This is done through E-Mandate.
Steps:
- Enter account details (Name, IFSC, Account Number).
- Verify via Debit Card, Net Banking, or Aadhaar-linked OTP.
- Once verified, your card is activated and ready to use.
Step 4: Using the Card for Shopping
- Log in to Flipkart/Amazon.
- Select a product (e.g., MacBook).
- At checkout, choose Bajaj EMI.
- Enter card details (Card Number & Expiry Date).
- Verify OTP.
- Order placed successfully.
You will get SMS and email confirmation about EMI deductions and schedule.
Shopping Benefits with Bajaj EMI Card
| Benefit | Details |
|---|---|
| No Cost EMI | Pay only product price in installments |
| Wide Acceptance | Flipkart, Amazon, Reliance Digital, Croma, etc. |
| Cashback Offers | ₹2,000 cashback on first transaction |
| Easy Management | Use Bajaj Finance app to track usage |
Managing Your Card in Bajaj Finance App
If your card is not visible, download the Bajaj Finance App from Play Store.
- Log in with the registered mobile number.
- Enter Date of Birth.
- Click on Link EMI Card.
- Manage transactions, view card details, and track EMIs directly in the app.
Conclusion
The Bajaj EMI Card is a simple and powerful option for those who don’t want the hassle of credit cards. With just ₹599, you get up to ₹5 lakh limit, no-cost EMI benefits, and wide acceptance across platforms.
If you follow the correct steps, approval is quick, and you can start shopping within minutes.
