Things to Know Before Purchasing a Product on EMI

Are budget constraints holding you back from a smartphone upgrade? If that’s the case, you can still fulfill your dreams by simply opting to purchase your favorite mobile on EMI using the Bajaj EMI card.

That said, there are a few things that you should keep in mind before you go ahead with the EMI route. Let’s take a quick look at 5 factors you should consider when purchasing a product on EMI.

1. Hidden Charges

When you purchase a mobile on EMI, this is the first and foremost factor you should watch out for.

Many financial institutions are not transparent when it comes to disclosing the various fees involved with buying a product on EMI.

If you don’t do enough research, you may unwittingly become a victim of hidden charges like EMI processing fees, foreclosure charges, and more.

However, with the Bajaj EMI card, you don’t have to worry about hidden fees since all of the charges are transparently disclosed upfront.

2. The Seller

The next factor you would need to consider would be the seller of the product. Not all sellers on e-commerce websites tend to be genuine.

Many unscrupulous individuals resort to tactics designed to fool buyers such as yourself.

Therefore, it is essential to authenticate the integrity and genuineness of the seller before you resort to purchasing a product on EMI.

One way to do that would be to check the seller’s ratings and read through other buyers’ reviews.

Choose sellers with a rating of at least 4 stars or above out of 5 and stay away from sellers with low ratings.

3. The Website

Just like it is important to conduct a thorough evaluation of the seller, it is equally crucial to check the website’s trustworthiness.

It is always advisable to stick to well-known and reputable websites such as Amazon, Flipkart, and Bajaj MARKETS.

This way, you can ensure that the product you receive is genuine. And if you ever run into a problem in the future, you can always count on the customer support of these websites to help you out.

4. Warranty

Almost every product you purchase comes with a warranty or a guarantee period. If anything were to happen to the product during this period, you could choose to raise a claim with the product manufacturer and get it replaced.

So, before you go ahead and purchase your favorite product on No Cost EMI, always make sure first to take a look at the warranty period provided by the manufacturer.

The longer the warranty period is, the better. Sometimes, the manufacturer may even allow you to extend the warranty period by paying a little extra. This would be a good option to consider as well.

5. No Cost EMI

Contrary to popular opinion, No Cost EMI doesn’t mean you don’t have to pay interest on your loan.

According to regulations, banks and financial institutions must levy interest on loans. So what happens when you choose this option?

Basically, at the time of purchase, e-commerce websites provide you with a discount on the product.

This discount would equal the interest component of the EMI, allowing you to purchase your favorite product on EMI without any additional increase in the cost.


There you have it. 5 key things you should know before purchasing a product on EMI. When it comes to buying products on EMI, the Bajaj EMI card is one of the best solutions that you can choose.

Not only do you get to purchase products on No Cost EMI with the card, but you can also rest assured of complete transparency.

So then, what’re you waiting for? Head over to Bajaj MARKETS, apply for the card immediately, and instantly purchase your preferred mobile on EMI.