Buying a fridge for my parents during a scorching summer should’ve been a simple decision — but with limited cash and no credit card, it became a challenge. That's when I discovered Bajaj Finance. What felt impossible at that moment turned into one of the smoothest financial experiences I’ve ever had.
If you’ve ever found yourself in a similar situation — needing quick money or wanting to split large payments — this article is for you. Let’s walk through how you can easily get a Bajaj Finance personal loan or an EMI Network Card and use it smartly.
What Makes Bajaj Finance Stand Out?
- Zero hidden charges on approved EMI purchases.
- Instant digital EMI card access.
- A huge network of partner stores for in-person or online shopping.
- Loans processed in less than 24 hours for eligible applicants.
For middle-income families or young professionals, this mix of speed and flexibility makes it very attractive.
Applying for a Bajaj Personal Loan: Step-by-Step
Who Can Apply?
- Age: 21 to 67 years
- Income: Salaried or self-employed
- Monthly Income: Minimum ₹15,000 (may vary by city)
- CIBIL Score: 720+ preferred
Personal Tip: When I first applied, I had a 698 score — got rejected. I focused on paying credit bills on time and crossed 725. Second time? Instant approval.
Documents You’ll Need
- PAN Card
- Aadhaar/Voter ID/Passport for address proof
- Last 3 months’ salary slips or ITR returns
- Bank details or cancelled cheque
Example: I submitted everything via WhatsApp after a support agent reached out. Didn’t even have to step out.
Loan Application Process
- Visit the Bajaj Finance website or a partner store.
- Enter basic details like name, income, mobile number.
- Upload the required documents (or choose doorstep pickup).
- Bajaj evaluates your profile digitally.
- Once approved, funds are transferred within hours.
Real-Life Tip: My colleague got ₹1.5 lakh approved in 4 hours just because he had a good CIBIL score and uploaded docs during working hours.
Getting a Bajaj EMI Network Card: Buy Now, Pay Later
This card is a game changer for people who don’t want credit cards but still want EMI options. I’ve used it to buy my phone, fridge, and even pay hospital bills — all on zero-interest EMI.
What’s Special About It?
- No-Cost EMI on electronics, furniture, medical expenses, etc.
- Pre-approved limits up to ₹2 lakh
- Zero paperwork after first-time approval
- Physical or digital version available
How I Got My EMI Card
I applied online using my PAN and Aadhaar and paid a one-time fee of ₹530. In 10 minutes, I got a digital card with ₹1.25 lakh limit ready to use at Croma. It felt smoother than getting a debit card!
Eligibility for EMI Card
- Indian resident
- Age: 21 to 65 years
- Source of steady income (salary or business)
- CIBIL score of 720+ recommended
Personal Feedback & Experience
If you ask me whether it’s safe or worth it — yes, especially if you shop frequently or want urgent funds without going through complex bank procedures.
However, be smart:
- Always check processing charges and repayment tenure.
- Avoid missing EMI payments — even one late EMI can affect your CIBIL score.
- Read the fine print, especially if you're using EMI card for healthcare or education payments.
Practical Example: My cousin used his EMI card to pay ₹48,000 for dental surgery at a partner clinic. Spread across 12 EMIs, he paid exactly ₹4,000/month with zero extra charges.
Key Differences: Loan vs EMI Card
| Feature | Personal Loan | EMI Network Card |
|---|---|---|
| Amount Range | ₹20,000 to ₹25 lakh | ₹10,000 to ₹2 lakh (limit-based) |
| Interest | 11% to 18% approx. | Mostly no-cost EMI options |
| Disbursal Time | 4 to 24 hours | Instant if eligible |
| Purpose | Free use (cash in hand) | Products/services only at partner stores |
| Repayment Flexibility | 6 to 60 months | 3 to 24 months |
Final Words That Matter
If you’re tired of getting stuck at the billing counter because of a lack of funds, or if you just want peace of mind while making big purchases — Bajaj Finance can be your shortcut to freedom. It helped me handle a tough summer purchase, and since then, I’ve used both their personal loan and EMI card for many other things.
Just make sure to borrow responsibly. Don’t let EMIs pile up more than your income allows. Use these tools wisely, and you’ll feel empowered, not burdened.