Have you
heard people buying home appliances such as ACs, refrigerators, air coolers on
No Cost EMI? Have you ever wondered how they are able to buy such products on
easy EMIs without disturbing their monthly outlays?
If you are
also looking to buy some home appliances on affordable EMIs, then this post is
for you.
You would
also be able to know about the concept of No Cost EMI, its benefits and how to
shop using the facility across India. Read on!
What is No Cost EMI?
As the
name suggests, it is a facility that lets you buy products as per your needs by
spreading its cost over a tenor. You only need to pay only a fixed EMI per
month and nothing extra. This way, you can save huge while buying your
favourite home appliances and more on easy EMIs and also manage monthly outlays
easily.
Example – Suppose you wish to buy an LG AC worth
Rs.36,000 on No Cost EMI for a tenor of 9 months. Then, you will only need to
pay Rs.4,000 as the EMI for 9 months and nothing extra. You will end up saving
as you don’t need to pay anything above and over your EMI amount compared to
other payment alternatives.
The No
Cost EMI is presented by the Bajaj Finserv EMI Network via which you can buy
all your favourite home appliances on easy EMIs across India.
What is Bajaj Finserv EMI Network?
The Bajaj
Finserv EMI Network is a payment network.
It
provides instant financing solutions to help you buy home appliances and more
by dividing the cost of a product into easy installments.
You can
make the most of the payment network to pay for your favourite ACs, air
coolers, fridges and more products.
There are
more than 1 crore+ members across the Bajaj Finserv EMI Network in India
already enjoying the easy EMI facility to buy everything hassle-free.
Benefits of No Cost EMI facility
1.
Get credit limit of up to Rs.4 lakh
Based on
your financial profile and eligibility, you can get a loan limit of up to Rs.4
lakh to start shopping on EMIs across the Bajaj Finserv EMI Network.
2.
Flexible repayment options
You don’t
need to stress about repaying the availed credit limit soon and hamper your
budget. You can easily opt for a tenor of 3, 6, 9, 12, 18 or 24 months and pay
in flexible installments.
3.
Shop using the Bajaj
Finserv EMI Network Card across India
You can
use the Bajaj Finserv EMI Network Card to buy all your preferred home
appliances on EMIs. All that you need to do is swipe it at a partner store
across the Bajaj Finserv EMI Network in India like a credit/debit card.
4.
Minimal processing and down payment
Most of
the home appliances that you buy using the No Cost EMI facility via the Bajaj
Finserv EMI Network comes with minimal or no processing fees or down payment.
5.
Hassle-free and fast documentation
You don’t
need to waste your time in arranging for a bucket of documents to avail the
pre-approved loan limit to start shopping on EMIs. You can simply submit your
KYC documents along with a cancelled cheque to get going.
How to shop for home appliances on No Cost EMI?
It is dead
easy to start shopping for your favourite home appliances via the Bajaj Finserv
EMI Network by following some simple steps:
1. Visit any of the 60,000+ local stores in 1,300+ cities
across the Bajaj Finserv EMI Network
2. Select your home appliances such as AC, air coolers, fridges
and more and swipe the Bajaj Finserv EMI Network Card like a credit or debit
card
3. Come out with your purchase on easy EMIs
Even if
you don’t have the Bajaj Finserv EMI Network Card, you can still shop on easy
EMIs. You can do that by submitting your KYC documents and a cancelled cheque
at a partner store to avail in-store financing to start shopping on EMIs.
Avail the Special Summer Offer on home appliances and save more
Bajaj
Finserv also brings its Special Summer Offer to help you save more while you
shop for your favourite home appliances this summer such as:
Hence, you
can now buy your preferred Air Cooler and other
home appliances on affordable EMIs across the Bajaj Finserv EMI Network in
India.
Bajaj
Finserv also brings some fantastic pre-approved deals on an array of financial
products such as EMI finance, credit cards, personal loans, home loans and
more.
Such
offers are created to simplify a potential borrower’s loan procedures and
journey towards availing the loan approvals without hassles and super fast.
If you
want to know about your customized pre-approved loan deals today, all that you
need to do is submit your basic details such as your name and contact number.
