Can I Buy Electronics on EMI with a Bajaj Finserv EMI Card?

Have you ever tried getting a personal loan to purchase high-priced gadgets or electronics but failed because of extensive paperwork, processes, or the outrageous interest rate placed on the loan?

The requirement for credit is increasing more every day. Still, some types of credit, on the other hand, come with a slew of caveats, including a minimum income requirement, time-consuming documentation or processes, etc, discouraging individuals from utilizing credit when they need it.

The Bajaj Finance EMI Card was developed so that customers can make their purchases from one lakh partnering retailers throughout India on simple monthly payments (EMIs) with no interest.

So, if your credit card limit prevents you from purchasing large-ticket items such as laptops Are you wondering how to buy laptops on EMI but with an easy procedure? Don’t worry we’ve got you covered.

Can I Buy a Laptop on EMI?

A decent laptop equipped with cutting-edge technology costs a hefty lot. A laptop with an i5 processor costs roughly Rs. 60,000, and gaming laptops can cost as much as Rs. 1.5 lakh or more.

So, how can you buy a nice laptop if you’re strapped for cash? Should you put it off till you have enough money? The answer is that you can buy a laptop on EMI.

Yes, you read that correctly! It is now easier than ever to purchase electronics and durable goods on EMI. You can have your desired laptop straight away if you buy a laptop on EMI, as this card can be used for both online and offline channels. 

Advantages of Purchasing Laptops on EMI

Buying a laptop on EMI is as simple as using your card to pay for it. There are no further processes, and your EMI payment request is processed in a matter of seconds.

You don’t have to pay a significant sum upfront when you buy a laptop on EMI. Instead, you may make the purchase right now and pay for it over time with reasonable EMIs paid from your paycheck. You won’t have to tap into your savings or your emergency fund this way.

The payback period typically spans from 3 to 36 months. You can pick a time frame that works best for you. The smaller the monthly EMI, the longer the payback period. Small EMIs are simple to pay from your monthly budget without needing to make significant lifestyle sacrifices.

How do I Buy a Laptop on EMI Without Making a Down Payment?

Several options are available to consumers for purchasing their dream laptops on EMI with no down payment. We’ll go over some of the most popular choices for customers.

On E-commerce Websites Such as Amazon or Flipkart

Both of these well-known online shopping destinations offer laptops on a monthly installment plan. When checking out, choose “Zero cost EMI” as your payment method. Choose your preferred card, the duration, and check out. 

Using the Bajaj Finserv EMI Network 

In India, Bajaj Finserv is the largest provider of consumer durable loans.  We have partnerships with over a million stores in over 1900 cities. This is a better decision if you want to buy a laptop on EMI from a retail store.

Eligibility for the Bajaj Finserv EMI Card

1. The age range should be between 25 and 65 years old.
2. It is necessary to have a steady source of income.

Documents Required for Bajaj Finserv EMI Card

• PAN Card 
• Aadhar Card
• PAN Card
• Canceled Cheque
• ECS Mandate
• Passport size photographs

EMI Repayment

EMI repayment could be done in a variety of ways. It can be done on our website, the app, the Mobikwik wallet, or the app, through the Mobikwik wallet, or via an exclusive customer portal.

Conclusion 

Having a good laptop has just become essential as more people work from home and children attend school online. You may finally buy the laptop that you desire now and pay for it later if you choose to purchase laptops on EMI.