Can we buy phone on EMI without credit card?

Can we buy phone on EMI without credit card? Getting a mobile on EMI without a credit card is fairly easy when you purchase through the EMI Network. All you have to do is use

Can we buy phone on EMI without credit card?

Getting a mobile on EMI without a credit card is fairly easy when you purchase through the EMI Network. All you have to do is use the Bajaj Finserv EMI Network Card and enjoy a cashless transaction.

Can I buy phone on EMI with debit card?

To buy a phone on EMI with a Debit Card, all you need to do is: Purchase your phone at your bank partner outlet, e. electronic outlets for which your bank has provided an additional facility. If you haven’t already completed your KYC or Know your Customer Procedure, sign up and upload the documents for the same.

How can I buy a phone on EMI?

For Online purchase:

  1. Open any online retail website or app.
  2. Select the smartphone you want to buy.
  3. Click or tap on ‘Buy Now’ option.
  4. Then select the address and tap on ‘Continue’ option to move to the payment options.
  5. Select the payment mode as EMI and press the continue button.
  6. Select the bank of your credit card.

How can I get EMI without credit?

About the Non-Credit Card EMI options

  1. Debit card. Today, almost every major bank offers the facility of EMI through their debit cards.
  2. Amazon Pay EMI.
  3. Through Post Dated Cheques.
  4. Debit Card.
  5. Amazon Pay EMI.
  6. Through Post Dated Cheques.
  7. Debit Card.
  8. Amazon Pay EMI.

What documents are required for EMI for mobile?

What are the documents needed for mobile EMI? The customer needs to provide basic KYC documents like proof of identity, address proof, income proof and passport size photographs.

How can I convert my debit card to EMI?

How it works:

  1. Visit merchant store, website, mobile site or mobile app.
  2. Choose your favourite product and proceed to payment.
  3. Choose ‘ICICI Bank Debit Card EMI’ option.
  4. Choose between tenures 3 months, 6 months, 9 months and 12 months.

What is EMI example?

EMI = [P x R x (1+R)^N]/[{(1+R)^N}-1] Here P is the Principal Loan Amount, R is the monthly rate of interest, and N is the loan duration in months. So, for the above example, the calculation would be: EMI = [200000 x 12/(100 * 12) x (1.01)^24] / [{{1.01)^24}-1] = 2000 x 1.2697 / 0.2697.

Who are eligible for EMI?

You can apply for it if you meet the following eligibility criteria: You should be between 21 and 60 years of age to apply for an EMI Network Card offline. You should be between 23 and 65 years of age to apply for an Insta EMI Card online. You must have a regular source of income.

How do I know if my debit card is eligible for EMI?

You can phone the bank’s customer service line or send an SMS to check your EMI eligibility. You can also check online by navigating to the payments area of an e-commerce website’s checkout page. You are qualified for EMI if you see it on your payment checkout page.

Is my debit card eligible for EMI?

Currently, EMI is available only on HDFC, SBI, Axis, ICICI, Federal and Kotak Mahindra debit cards. You will need to make a purchase of a minimum amount of ₹5000 using your HDFC, ICICI, Federal, Axis and Kotak Mahindra debit cards and ₹8000 on SBI debit cards to avail EMI.

Can you buy a mobile phone on EMI without a credit card?

A large number of others fail to qualify for a credit card due to low incomes or unemployment. If you belong to this group that doesn’t have a credit card, this guide is for you. Here, we show you how you can purchase a mobile phone on EMI without a credit card. Why opt for EMI when purchasing a mobile phone?

Where can I shop with my EMI card?

Shop online on leading e-commerce platforms like Amazon, Flipkart, MakeMyTrip, Yatra, etc. with your EMI Network Card or Insta EMI Card. Pay for all your purchases on EMIs. Access your EMI Network Card or Insta EMI Card anytime and anywhere on the Bajaj Finserv Wallet app.

How can I shop without a credit card?

Shop for electronics, gadgets, apparel, home decor and much more on easy EMIs without a credit card by shopping on the EMI Network. Just use your EMI Network Card or the Insta EMI Card to convert the cost of your purchase into easy EMIs, when you shop across any of our 1 lakh+ partner stores.

How to get an EMI network card offline?

You can get an EMI Network Card offline when you purchase electronics, gadgets, and lifestyle products from our any of our partner stores : 1. Walk into any of our partner stores. 2. Select the product you want to purchase. 3. Submit some basic documents. 4. Get your EMI Network Card in your Bajaj Finserv Wallet app.