With smartphones becoming more and more powerful, the cost of the very high-end devices has really shot up in the last year or so. Today, a phone retailing at Rs 70,000 is considered well within the budgets, while a Rs 20,000 phone is considered to be a mid-range smartphone. It’s an odd world we live in, where we are more than okay spending that amount on our phones, and not just the phones, but also wearables, tablets, computers, there is just so much to purchase and none of them come cheap.
In order to help you out with the same and help you secure an easy EMI option on your purchase, Bajaj Finserv has come up with a solution in the form of an application, that would allow you to easily secure personal loans of up to Rs 3 lakhs using the application. You can log into the application, using your Aadhar Card or any of your social accounts which you use and simply apply for a loan right within the app. Your loan would be typically approved on the same day and you would get a code as well as a list of documents, out of which, one you will have to carry to the supported 12,000+ stores nationwide which allow finance using Bajaj Finserv.
We’ve seen a strong start of the Festival Season. Our new mobile application has made it possible for customers to get an instant EMI Finance approval even before stepping into the stores for purchase. We have a robust process in place and if the festive season goes as planned, we expect our assets to grow 30-35 per cent
Products that can be purchased using the application, includes: Consumer Durables, Personal tech products and Lifestyle related products The application is available both for iPhones as well as Android users, who can download it to avail easy EMI.