When it comes to buying multi-featured branded LED TVs, there are many payment alternatives that you can use. You can either pay the entire price once or divide the cost over a tenor using the EMI facility.
Buying an LED TV on EMIs mean spreading the cost of a TV over a tenor and paying an EMI amount. It helps a buyer to buy one’s favourite television and manage other monthly expenses easily.
However, buying anything on EMI using the credit card facility also means paying more than the cost of the product. It is because you also need to pay an EMI amount along with the interest charges and processing fees on it.
That’s when the concept of the No Cost EMI has evolved in India to help customers buy products on easy EMIs. A customer only needs to pay an exact EMI amount per month and nothing else. The Bajaj Finserv EMI Network is one of the leading service providers to launch the No Cost EMI facility in India.
If you wish to know the reasons to buy LED TVs and other products using the No Cost EMI facility, then you should go through this post.
What is No Cost EMI?
As the name suggests, you can use the No Cost EMI facility to buy anything and spread its cost over a tenor. Now, you only need to pay an exact EMI amount per month and nothing extra.
The biggest benefit of using the No Cost EMI facility is that you can save huge as compared to other EMI-based payment options.
Example – Suppose the price of the LG LED TV that you are willing to purchase on No Cost EMI is Rs.20,000 over a tenor of 9 months. Hence, you will only need to pay Rs.2,222 as the No Cost EMI for the next 9 months and nothing else. There are absolutely no hidden and additional charges involved at all.
The No Cost EMI facility is available across India on the Bajaj Finserv EMI Network.
What is Bajaj Finserv EMI Network?
The EMI Network is a payment network. It offers quick financing facility to help you buy LED TVs and 1 million+ products on easy installments.
You can swipe the EMI Network Card like a debit or credit card to shop for multiple products across India at a partner store.
Reasons to shop using the No Cost EMI facility
- A higher pre-approved loan limit of up to Rs.4 lakh
The Bajaj Finserv EMI Network lets you enjoy the pre-approved loan limit of up to Rs.4 lakh. You can utilize the loan limit to buy products on No Cost EMI and save.
- Flexible repayment tenor
You can easily spread the cost of your purchased products over a tenor of 3, 6, 9, 12, 18 and 24 months. This way, you won’t feel the pressure of repaying the utilized limit soon and hamper your monthly budget.
- Minimal processing charges and down payment
Most of the products that you can buy on affordable EMIs across the EMI Network come with no or lower processing charges and down payment.
- The facility of the Bajaj Finserv EMI Network Card
The EMI Network Card empowers you to buy everything you need on easy EMIs with a simple swipe.
- Hassle-free documentation
You don’t need to worry about furnishing heaps of documents and forms. If you have your cancelled cheque and KYC documents, then you are good to go.
What if you don’t have the Bajaj Finserv EMI Network Card?
Even if you don’t have the EMI Network Card with you, you can still shop on affordable EMIs. All that you have to do is submit your KYC documents along with a cancelled cheque at a local store to get quick financing. This way, you can join 1 crore+ members on the Bajaj Finserv EMI Network.
Go for the Special Summer Offer on televisions and save
Bajaj Finserv presents the Special Summer Offer to help you save even more while you shop for your favourite brands of televisions on hassle-free EMIs.
Under the Special Summer Offer, you can grab the cashback of Rs.1,000 into your Bajaj Finserv Wallet by purchasing a TV worth Rs.20,000.
Hurry, this scheme is for a limited period only!
You can use the Bajaj Finserv EMI Network to not only shop for TVs but even for smartphones, electronics, appliances, furniture, groceries and 1 million+ products.
The purpose of creating and offering such deals is to help a likely borrower to simplify his/her loan formalities and make it less time-consuming in the end.
All that you can do is submit your basic details such as your name and mobile number to go ahead and check out your special pre-approved loan offers today.