The Insta EMI Card is a virtual card that customers can access using the Bajaj Finserv app. They are relieved of the burden of having to carry a physical card. The application process is completed online and the card activates right away.
The Insta EMI Card successfully upholds the value of giving priority to the needs and wants of customers.
There is no difference between the Insta EMI Card and the Bajaj Finserv EMI Network Card. Furthermore, there are no delays at all during the process. Through the Insta EMI Card, Bajaj Finserv loans can be obtained by cardholders to satisfy their needs for a variety of goods and services.
You can use the Bajaj Insta EMI Card effectively when making purchases of products and services which consist of more than 1.2 lakh partner retailers spread across more than 3,000 locations in the nation. The cards have access to benefits like zero down payment and no-cost EMI. It is easy to purchase multiple products when the cost of paying the amount is spread out over a number of months.
How to Apply for an Insta EMI Card Online
The Bajaj Finserv website and app offer online applications for the Insta EMI Card. With a 30-second approval time, the process is entirely digital. In addition, you can apply for the Insta EMI Card at any of the 1.2 lakh+ partner retailers spread throughout 3,000 cities in India. The procedures listed below can be used to apply for an Insta EMI Card via the Bajaj Finserv mobile app or online website:
Insta EMI Card Application Process for New Users
- Step 1: Go to the “Apply Now” button on the Insta EMI Card page.
- Step 2: To check your eligibility, choose your occupation, input your registered mobile number, your date of birth (in the format DD/MM/YYYY), and your name as it appears on your PAN card.
- Step 3: To check your pre-approved offer for an Insta EMI Card, click “Check Your Offer.”
- Enter the OTP that was issued to your registered mobile number in step four.
- Step 5: After your identity has been confirmed, fill out the form with your gender, complete name, PAN, email, and area PIN code.
- Step 6: Select “Proceed,” then verify your credit limit.
- Step 7: To access the KYC screen, click “Proceed” once more.
- Step 8: Check your KYC information using CKYC or OKYC (Offline KYC) (Central KYC).
- Step 9: Make a payment of 530 (taxes included) to activate your card.
- Step 10: Enter your bank information and OTP to finish the e-mandate procedure.
- Step 11: Press “Submit” to activate your card and begin receiving special Insta EMI Card offers and advantages.
Bajaj Finserv Insta EMI Card Application Process for Existing Users
- Step 1: Open the Bajaj Finserv website and log in.
- Step 2: To check your eligibility, choose your occupation, input your registered mobile number, your date of birth (in the format DD/MM/YYYY), and your name as it appears on your PAN card.
- Step 3: To check your pre-approved offer for an Insta EMI Card, click “Check Your Offer.”
- Step 4: To begin the application process, click on the provided link.
- Step 5: Pay the annual cost of 117 (taxes included).
- Step 6: After making a payment, a confirmation will be sent to the registered email address or mobile number.
An ECS mandate is the permission you give to take money out of your bank account regularly. Bajaj Finserv sends the mandate to your bank on your behalf in order to register the vehicle. Once your mandate has been registered with your bank, the bank will permit Bajaj Finserv to debit funds for all monthly EMIs. To view and use your Insta EMI Card in your wallet, you must first authorize the e-mandate process.
What is the ECS Mandate?
A method of electronically moving money from one bank account to another is the Electronic Clearance Service (ECS). It is used by financial institutions to make payments such as salary, pensions, dividend interest, and loan EMI deductions. An ECS mandate verifies that you have no objections to withdrawing a specific amount from your account each month in relation to your purchase. You need to provide a canceled check and a signed ECS mandate along with your KYC documents when applying for an Insta EMI Card.
You must let your bank know if you want to use an ECS mandate. It includes information about your branch and bank account, among other things. The maximum amount that can be deducted from an ECS user’s account might be limited. You must submit a signed ECS mandate along with basic KYC information and a canceled check in order to use the Bajaj Finserv EMI Network.
Customers can access their Insta EMI Card and related information on their phones by installing the Bajaj Finserv application. They can take advantage of additional incentives by using this application. Apply for the Bajaj Finserv EMI Network Card to take advantage of a variety of special advantages and deals today.
Also Read: Major Difference between Normal EMIs & No Cost EMI What Should You Choose?
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