{"id":307568,"date":"2018-12-29T05:20:57","date_gmt":"2018-12-29T05:20:57","guid":{"rendered":"http:\/\/tehelka.com\/?p=307568"},"modified":"2018-12-29T05:20:57","modified_gmt":"2018-12-29T05:20:57","slug":"reasons-buying-next-smartphones-on-no-cost-emi-is-a-good-idea","status":"publish","type":"post","link":"https:\/\/tehelka.com\/reasons-buying-next-smartphones-on-no-cost-emi-is-a-good-idea\/","title":{"rendered":"Reasons Buying Next Smartphones on No Cost EMI is a Good Idea"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-307569 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/12\/Reasons-Buying-Next-Smartphones-on-No-Cost-EMI-is-a-Good-Idea-300x200.jpg\" alt=\"\" width=\"706\" height=\"470\" srcset=\"https:\/\/tehelka.com\/media\/2018\/12\/Reasons-Buying-Next-Smartphones-on-No-Cost-EMI-is-a-Good-Idea-300x200.jpg 300w, https:\/\/tehelka.com\/media\/2018\/12\/Reasons-Buying-Next-Smartphones-on-No-Cost-EMI-is-a-Good-Idea-768x511.jpg 768w, https:\/\/tehelka.com\/media\/2018\/12\/Reasons-Buying-Next-Smartphones-on-No-Cost-EMI-is-a-Good-Idea-696x463.jpg 696w, https:\/\/tehelka.com\/media\/2018\/12\/Reasons-Buying-Next-Smartphones-on-No-Cost-EMI-is-a-Good-Idea-631x420.jpg 631w, https:\/\/tehelka.com\/media\/2018\/12\/Reasons-Buying-Next-Smartphones-on-No-Cost-EMI-is-a-Good-Idea.jpg 898w\" sizes=\"(max-width: 706px) 100vw, 706px\" \/>There are small things in life that bring a sense of great happiness to your family. Buying brand new smartphones or anything else is one of the most fulfilling things to do. However, you may not always have the money needed for making such purchases.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">An affordable and reliable solution for making this possible even when you don\u2019t have the required amount is opting for an EMI. However, you may be well aware of the fact that even while you avail the EMI facility, you will still have to bear more.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">It\u2019s because along with a traditional EMI facility, you also need to provide the lender with some extra charges. These additional charges may increase the overall cost of the purchased goods, making it expensive. Hence, when you go for a traditional EMI facility to buy anything, you don\u2019t save anything!<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">However, the trends in the finance industry have evolved over time.\u00a0 It keeps coming up with many alternatives. As a result, it can help you fulfill your aspirations without pinching your pockets.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">One of the ways to help you buy your next <a href=\"https:\/\/www.bajajfinserv.in\/emi-network-emi-mobile?utm_source=organic&amp;utm_medium=third-party&amp;utm_campaign=dec-emi-nw\">smartphone<\/a> on EMI while still enjoying savings is opting for the No Cost EMI facility. The No Cost EMI facility enables you to divide the phone cost over a tenor; pay only fixed EMIs and no extra charges at all.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Let this post help you know about the No Cost EMI facility and how it can help you purchase without worrying about the budget.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>What is the No Cost EMI facility?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">As the name suggests, the No Cost EMI is a payment scheme where buyers can purchase anything by paying EMIs over a fixed tenor. The user also need not pay any extra charges.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Thus, you can indulge in huge savings that you otherwise don\u2019t while buying things on credit card and other regular EMIs.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The No Cost EMI facility is available on the <a href=\"https:\/\/www.bajajfinserv.in\/emi-network?utm_source=organic&amp;utm_medium=third-party&amp;utm_campaign=dec-emi-nw\">Bajaj Finserv EMI Network<\/a>. It is the first lender to offer this unique payment alternative in India.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>What is Bajaj Finserv EMI Network?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The Bajaj Finserv EMI Network is a payment scheme in India that helps you with instant financing alternatives. It has emerged as one of the convenient ways to pay for your favourite smartphones, electronics, furniture and 1 million+ products.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">There are no hidden costs involved as you can divide the cost of your purchased item into equated monthly installments (EMIs), and pay no additional charges.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Reasons to buy your next smartphone on No Cost EMI <\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>The loan facility of up to Rs.4 lakh <\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">With an EMI Network Card, you can get a finance option of up to Rs.4 lakh to buy your favourite products across Bajaj Finserv EMI Network in 1300+ cities.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Easy repayment terms <\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">You get the freedom to divide your purchase in easy tenors of 3, 6, 9, 12, 18 and 24 months as per your needs and repayment capacity.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Minimal documentation <\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">You can keep yourself saved from the hassles of collecting and submitting a bucket of documents to start shopping on No Cost EMI facility. If you have your KYC details, and cancelled cheque ready, you are good to go to begin the No Cost EMI shopping.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Minimal processing fees and Downpayment <\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Most of the listed products on EMI Network have minimal or no processing fees at all. You can simply pay only a product\u2019s price and divide the cost into a tenor. Also, the items purchased from the EMI Network have no or minimal Down Payment.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>How to shop on No Cost EMI on Bajaj Finserv EMI Network?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Purchasing your next branded EMI based mobile phones on the Bajaj Finserv EMI Network is easy if you can follow some easy steps:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Pay a visit to a partner store \u2013 The Bajaj Finserv EMI Network has over 60,000+ local stores spread in 1300+ Indian cities and towns. You can enter any of these partner outlets available in your city.<\/span><\/li>\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Swipe an EMI Network Card \u2013 Once you are in a local store registered on the EMI Network, you can select a smartphone or anything else of your choice. After you have made your choice, you can swipe the <a href=\"https:\/\/www.bajajfinserv.in\/emi-network-emi-card?utm_source=organic&amp;utm_medium=third-party&amp;utm_campaign=dec-emi-nw\">EMI Network Card<\/a> just like your credit\/debit card at the point of sale (POS) counter.<\/span><\/li>\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Your shopping is complete now \u2013 That\u2019s it \u2013 your EMI based mobile phones shopping is now successfully complete.<\/span><\/li>\n<li><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">You can also shop even if you don\u2019t have an EMI Network Card. For this, you will need to submit a cancelled cheque along with a KYC document at a store. This way, you will avail on-spot finance to start shopping at No Cost EMI.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Do you have some other financial needs that you want to cover?<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Bajaj Finserv offers some pre-approved offers on multiple financial products such as personal loans, home loans, EMI financing and business loans and a lot more.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">It is offered to make your loan application, approval and disbursement less time-consuming. You check go ahead and check out your pre-approved loan deals by sharing your key details such as name, age and mobile number!\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><span style=\"font-size: 10pt;\"><em><span style=\"text-decoration: underline;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span>ADVT<span style=\"text-decoration: underline;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/em><\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are small things in life that bring a sense of great happiness to your family. Buying brand new smartphones or anything else is one of the most fulfilling things to do. However, you may not always have the money needed for making such purchases.\u00a0 An affordable and reliable solution for making this possible even [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":307569,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2142],"tags":[10451],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/307568"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=307568"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/307568\/revisions"}],"predecessor-version":[{"id":307570,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/307568\/revisions\/307570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/307569"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=307568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=307568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=307568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}