Get the Best Credit Card for Shopping as the Demand for Online Shopping Credit Cards Grows

BusinessGet the Best Credit Card for Shopping as the Demand for Online...


Selecting the ideal credit card is crucial if you are into smart budget handling. This is because whether you purchase daily essentials online or make big-ticket credit purchases, the right instrument helps you save a sizeable amount consistently.

Moreover, a joint survey report by the RBI and PwC displays a 20% growth in CAGR of the Indian credit card industry over the last 5 years. Hence, if you are hopeful about saving extra through credit purchases, you can apply for Bajaj Finserv EMI card as they provide amazing offers on purchases from partner stores.

How the Trend of Online Shopping Using Credit Cards Has Grown in India?

As of a report published by the Economic Times, currently, Indians are using more than 77 million active credit cards. This rapid growth in the number of cardholders can be mainly due to the aspiration of many to lead a better lifestyle.

Another point that has triggered the upsurge in the credit card market is the launch of different financial applications and various categories of cards. These cards offer more personalized deals depending on the spending pattern of an individual.

Moreover, the eligibility criteria are also not that hard to meet in most cases, which brings in new consumers in addition to the older ones. Thus, all these factors backed by increasing penetration of financial literacy contributed to the holistic growth of the Indian credit card industry.

Why the Bajaj Finserv EMI Network Card is Beneficial for Credit Purchasers?

Some specific features of the Bajaj Finserv EMI card make it beneficial for people who regularly purchase stuff on credit online. Here are some of the most talked-about benefits:

  • The card users can choose a flexible repayment tenure which can be extended up to 24 months. However, you may also choose a short repayment window of 3 months depending on your budget.
  • This card is popular for its pre-approved loan offers up to Rs. 4 Lakhs.
  • You do not need to break a sweat regarding the credit card approval process. Minimal documentation is required by the authorities before providing a Bajaj Finserv EMI Network Card to a new user.
  • One of the huge benefits of the loans offered by them is that these offers come with zero foreclosure fees. This means you can opt for partial payments from time to time to cut down the loan tenure.
  • Bajaj Finserv is a prominent market player with its services stretching across 2900+ Indian cities. Hence, you can opt for their credit facilities readily as you get complete support from the partner stores distributed all over India.
  • This card gives you the option to make purchases with the facility of no-cost EMI.
  • As you apply for Bajaj Finserv EMI card and start using it you will notice remarkably low down payment amounts.
  • Processing fee is minimal for these cards.

What Eligibility Criteria Do You Need to Fulfil to Acquire a Bajaj Finserv EMI Network Card?

You require meeting only a few simple eligibility requirements to start using the Bajaj Finserv EMI Card credit facilities.

  • Your age while applying must be between 21 and 65 years
  • You should be able to give proof of a steady income source
  • By birth, you have to be an Indian

Besides fulfilling these basic requirements, the company officials will ask you to produce no additional documents while confirming credit card approval if you are applying online. Offline applicants must submit their KYC documentation for smooth completion of the process.

What Steps Must You Follow to Apply for a Bajaj Finserv EMI Network Card Online?

If you are applying online, these are the steps you must follow:

Step 1: Either install the app of Bajaj Finserv, or head to their web portal and look for the ‘Apply Now’ button against the credit card option.

Step 2: Provide personal details like your current profession, the name as on your PAN card, an active phone number, date of birth, etc. Next, check the ‘Terms and Conditions box.

Step 3: Now, you must click on the ‘Next’ button.

Step 4: Here, you must complete the transaction by paying the application fee. To validate the transfer of fees you have to enter the OTP sent to your phone number.

After completing these steps, the Bajaj Finserv Insta EMI card gets credited to your e-wallet. You can start purchasing using this card right away but make sure to complete the repayments on time and maintain a low credit utilization ratio.

Ensuring these two things will considerably improve your chances of experiencing an annual credit limit increase. Additionally, if you are curious to learn about more such ways on how to increase Bajaj EMI card limit, we suggest you go through their client-specific policies. Otherwise, you can raise an inquiry about the same with their officials by calling 86980 10101.

How to Shop Online Using Bajaj Finserv Insta EMI Card?

After using an Insta EMI card you will notice shopping online and availing of attractive rewards have been never simpler. You just need to follow these steps:

Step 1: Visit any of Bajaj Finserv’s partner websites.

Step 2: Add to cart the products that you need to buy. Now, proceed to the payment gateway.

Step 3: Now the web portal or application asks you to confirm the registered email address and delivery destination. Check it to go to the next step.

Step 4: Then select ‘EMI’ as the mode of payment and further in the next window select ‘No-cost EMI’.

Step 5: Select ‘Bajaj Finserv EMI Network Card’ from the list of options.

Step 6: Select from a range of repayment tenures.

Step 7: After confirming the card specifications, click on the ‘Buy’ option.

So, this is how you can place an online order successfully using the Bajaj Finserv EMI card.

This article was all about explaining how the right credit card can reduce your financial burden over time. Again, as different cards come with personalised deals you should be extra careful while selecting one. So if you feel the above-discussed features perfectly complement your lifestyle requirements, we suggest you apply for Bajaj Finserv EMI card following this guide.

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