About Bajaj Finserv Insta EMI Card
The Bajaj Finserv Insta EMI Card is a popular digital EMI card in India, designed primarily for converting purchases into simple, flexible EMIs (often interest-free or low-cost under partner offers), rather than serving as a traditional rewards-heavy credit card. It is accepted in over 1.5 lakh partner stores (both online and offline), including major platforms such as Amazon, Flipkart, Croma, Vijay Sales, Reliance Digital, MakeMyTrip, and others. With a pre-approved limit of up to ₹3 lakh, it allows shopping for 1 million+ products across categories like electronics, appliances, smartphones, lifestyle items, travel bookings, and more. Repayment terms range from 3 to 60 months, with zero down payment options available in many cases.
This card is ideal for those who frequently make large purchases and prefer to spread costs without paying high interest, even though it is not a full-fledged credit card with extensive rewards or lounge perks.
Fees and Charges
- Joining Fee: ₹530 (one-time, inclusive of applicable taxes/GST)
- Annual Fee: Nil
Welcome and Milestone Benefits
- Welcome Benefits: Get cashback of ₹1,000 on 1st in-store transaction with the Insta EMI Card within 15 days of fee payment. Get complimentary vouchers from Max, Lifestyle, Domino's, and Titan with savings of up to 30%.
- Milestone Benefits: NA
Cashback and Rewards
- Card Type: EMI Network Card / Digital EMI Card
- Card Network: Bajaj Finserv (partner network, not Visa/Mastercard/RuPay)
- Best For: Big-ticket purchases on EMIs, online/offline shopping at partner merchants, zero-down-payment buys, flexible repayments
- Cashback/Rewards on Online Purchases: Limited/partner-specific cashback or discounts; no flat rewards rate across all online spends
- Cashback/Rewards on Offline Purchases: Limited/partner-specific; occasional cashback via app or campaigns
Category Spend Benefits
- Online Shopping: Exclusive EMI offers and discounts at partners like Amazon, Flipkart
- Food and Grocery: NA (limited acceptance in non-partner categories)
- Travel Booking: EMI options at partners like MakeMyTrip
- Utility Bill Payments: NA
Excluded Categories
- All Excluded Categories: Non-partner merchants (card works only at 1.5 lakh+ Bajaj Finserv partner stores/online platforms); categories like fuel, utilities, rent, government payments, insurance, or general spends outside partners are typically excluded or not eligible for EMI conversion.
Why Choose Bajaj Finserv Insta EMI Card?
The Bajaj Finserv Insta EMI Card is ideal if you want hassle-free financing for large purchases without needing a traditional credit card. Key advantages include:
- 100% digital application and instant approval
- Pre-approved limit up to ₹3 lakh
- Flexible EMIs (3-60 months) with zero down payment and often no-cost/no-interest options at partners
- Wide acceptance at 1.5 lakh+ stores across 4,000+ cities
- Nil foreclosure charges in many cases
- No annual fee (post-joining)
- Easy management via the Bajaj Finserv app
It's perfect for shoppers buying electronics, appliances, mobiles, or travel bookings who prefer spreading costs affordably.
Who is eligible for the Bajaj Finserv Insta EMI Card?
Eligibility is straightforward:
- Indian citizen
- Age: 21 to 65 years
- Regular source of income
- Good credit score/profile as per Bajaj Finserv risk policies
You can check eligibility instantly on the Bajaj Finserv app or website with basic details like mobile number, PAN, and DOB.
Is the Bajaj Finserv Insta EMI Card worth applying for?
Yes, if your shopping habits are similar to those of partner merchants and you prefer EMI flexibility over rewards, cashback, or lounge access. The low one-time joining fee (₹530) allows for significant savings on large purchases through extended, affordable EMIs—often interest-free during promotions—and zero down payment, making high-value items accessible immediately.Skip it, however, if you need a credit card that can be used for everyday purchases, broad rewards, international travel, or non-partner categories. It is not a substitute for traditional credit cards, but it excels as an EMI tool for strategic, planned shopping.