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Bajaj Finserv Consumer Loan

Bajaj Finserv offers consumer durable loans to purchase a wide range of electronics, gadgets, kitchen appliances, fitness equipment, camera accessories and much more from Bajaj Finserv’s partner stores and e-commerce platforms. Individuals can avail Bajaj Finserv Consumer Durable Loan for loan amounts of up to Rs. 2 lakh and tenures of up to 2 years at no-cost/zero-cost EMIs. s consumer durable loans for select brands/products.
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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

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Bajaj Finserv Consumer Durable Loan Interest Rate

In case of subvented products, it is the dealer/manufacturer/OEMs that bear the interest cost of the Bajaj Finserv consumer durable loan and not the borrower. However, borrowers bear the GST incurred on the interest component. The applicants may also have to make down payment or pay processing fees depending on the product or loan tenure.

In case of non-subvented products, the borrower would have to bear the interest cost, just as in the case of a personal loan, home loan, gold loan, etc. Therefore, borrowers opting for non-subvented products should compare the Bajaj Finserv Personal Loan interest rates or personal loans offered by other lenders.

Types of Bajaj Finserv Consumer Durable Loan

Individuals can avail Bajaj Finserv consumer durable loans through its EMI Cards – EMI Network Card and Insta EMI Card. Using the EMI Cards, customers can shop for their favourite products at Bajaj Finserv’s offline partner stores such as Vijay Sales, Croma, Reliance Digital, Big Bazaar, etc. as well as online e-commerce platforms such as Amazon, Flipkart, Samsung, Pepperfry, etc. Individuals can also shop at the Bajaj Mall and enjoy additional benefits like home delivery, zero down payment, doorstep demo, etc.

Buyers without an EMI Network Card can use Bajaj Finserv’s in-store financing facility. All they have to do is visit to any of the Bajaj Finserv’s partner store, select the product to be purchased, select the repayment tenure, opt for in-store financing by submitting some basic documents — a Proof of Address, a Signed ECS Mandate and a Cancelled Cheque.

Bajaj Finserv EMI Network Card

  • Pre-approved Limit of up to Rs 2 Lakh: Cardholders get a pre-approved limit of up to Rs 2 lakh, which they can use at more than 1 lakh partner stores spread across the country.
  • No Cost EMI: Convert purchases from any of the Bajaj Finserv’s partner stores into easy and no cost EMIs.
  • Zero Foreclosure Charges: No charges will be levied if the cardholder forecloses their loan account any time after paying the first EMI.
  • Flexible Use: Use the card to shop online at various e-commerce platforms as well as at partner physical stores.
  • Flexible Repayment Tenure: The card comes with a flexible repayment tenure ranging from 3 months to 2 years.
  • Minimal Documentation: Basic documents required only on your first purchase at any of the partner stores.
  • Easy Access: Access the card by visiting any of the partner stores nearby or from the Bajaj Finserv Wallet app.
  • Additional Benefits: Shop online using EMI Network Card on the Bajaj Mall and enjoy additional benefits like home delivery, zero down payment, doorstep demo, etc.

Bajaj Finserv Insta EMI Card

Bajaj Finserv Insta EMI Card is almost like the Bajaj Finserv EMI Network Card. The only difference between them is that the Bajaj Finserv Insta EMI Card involves an easy and instantaneous 3-step end-to-end digital process (from card application till activation). Additionally, the Insta EMI Card comes with a pre-approved loan of up to Rs. 2 lakh. Bajaj Finserv Insta EMI Card allocates a customer identification number through which cardholders can fulfil the need for various goods and services by availing of a loan from Bajaj Finserv.

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Eligibility Criteria for Bajaj Finserv Consumer Durable Loans

  • For EMI Network Card – the age should be between 21 and 60 years
  • For Insta EMI Card – the age should be between 23 and 65 years
  • Should have a regular and defined source of income

Documents Required for Loan Application

  • To avail Bajaj Finserv Insta EMI Card, applicants are not required to submit any documents. However, they need to keep the following details ready:
    • PAN Card
    • Aadhaar Number for KYC confirmation
    • Bank a/c number and IFS Code for e-mandate registration
  • To avail Bajaj Finserv EMI Network Card, applicants are required to provide the following documents:
  • KYC documents (PAN Card and Aadhaar Card)
  • A signed ECS mandate
  • Cancelled Cheque

Bajaj Finserv Consumer Durable Loan Fees and Charges

EMI Network Card Fee Rs. 530 (Inclusive of applicable taxes)
Add-on Card Fee Rs. 199 (Inclusive of applicable taxes)
Convenience Fee Rs. 99 + (Applicable taxes) will be added in the 01st EMI
Loan Enhancement Fees Rs. 99 + (Applicable taxes) will be added in the 01st EMI
Mandate Registration Charges Rs. 118 (Inclusive of applicable of taxes) will be applicable for the below banks:

  • Bank of Maharashtra
  • Development Credit Bank Limited
  • IDFC Bank
  • Karnataka Bank Limited
  • Punjab & Sind Bank
  • Rajkot Nagarik Sahakari Bank Limited.
  • Tamilnad Mercantile Bank Limited
  • UCO Bank
  • Indian Overseas Bank
  • United Bank of India
Bounce charges Rs. 450 (Inclusive of applicable taxes)
Mandate Rejection Charges Rs. 450 (inclusive of applicable taxes). Will be applicable if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by Customer’s Bank for any reasons whatsoever.
Penal interest Any delay in payment of Monthly Instalment/ EMI shall attract penal interest at the rate of 4% per month on the Monthly Instalment/ EMI outstanding, from the date of default until the receipt of Monthly Instalment/ EMI.
Annual Fee Rs. 117 (Inclusive of applicable taxes). Annual fee will only be charged to the EMI Network Card holders who have not availed any loan using the EMI Network Card in the preceding year. The duration of the preceding year is calculated 12 months from last year’s validity month, which is printed on the face of your EMI Network Card. For example, If the EMI Network Card is issued in the month of February 2019 (referred to as ‘Member Since’, on the EMI Network Card) the date for payment of the annual fee will be March 2020.

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

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