The Bajaj Finserv EMI Network Card is the most cost-effective means to buy high-end products without straining savings. This card converts big-ticket purchases like electronics, appliances or lifestyle products into no-cost EMIs and ensures a hassle-free shopping experience for customers.
However, under several circumstances, this card can get blocked, restricting its usage and preventing customers from enjoying a hassle-free shopping experience. Hence, users must initiate an unblock request. Besides knowing how to unblock Bajaj Finserv EMI Network Card, individuals must know why it got blocked in the first place.
Two ways to unblock your bajaj finserv EMI network card
Individuals can unblock your Bajaj Finserv EMI Network Cards via these two ways:
From the dedicated customer portal
By dialing the customer care number
Here are the steps that will enable customers to unblock the Bajaj Finserv EMI Network Card via the customer portal:
Step 1: Firstly, log in to Bajaj Finserv customer portal with your customer ID, email ID or contact number.
Step 2: Proceed to get an OTP in registered mobile number. Users can also enter the password.
Step 3: Now navigate to ‘My Relations’ segment and select ‘EMI Network Card’ tab.
Step 4: Then, choose the ‘View All’ option and select the ‘EMI Card Details’ option.
Step 5: Choose from the displayed block, unblock or reissue options.
Users can also unblock their Bajaj Finserv EMI Network Cards with prompt assistance of customer care service. Follow the steps below that will help you do so:
Step 1: Firstly, dial 08698010101 to reach out to customer care.
Step 2: Provide the following information to the customer care executive-
- Bajaj Finserv EMI Network Card number
- Customer ID
- Details of the issue or inconvenience that the customer is encountering
On giving out all the information, the request will be processed. Customers will receive a notification after their stated issues are resolved.
Reasons why bajaj finserv EMI network card can get blocked
Bajaj Finserv EMI Network Card can get blocked for the following reasons:
Missing out on EMI payments
One of the major reasons behind the Bajaj Finserv EMI Network Card getting blocked is failing to make on-time EMI payments. In such situations, users must clear the EMI payments as soon as possible.
To pay the missed monthly installments, users can either visit the branch in person or use the customer portal or mobile app.
Unable to submit ECS mandate properly
Customers must submit the ECS mandate, as EMI amount is deducted from the mentioned bank account. Therefore, not certifying the respective bank regarding auto-debit of EMIs will result in piling up of dues. The piling dues eventually block the Bajaj Finserv EMI Network Card.
In this regard, users must retrieve the ECS mandate problem in detail. It will help them keep Bajaj Finserv EMI Network Card active. Moreover, users must submit a new ECS mandate in case they find that the bank has not accepted mandate or there is any discrepancy in it. Moreover, while submitting a fresh mandate, they must initiate the advance EMI payment. Clearing EMIs will help unblock Bajaj Finserv EMI Network Card.
Substandard CIBIL score
Another parameter that leads to Bajaj Finserv EMI Network Card getting blocked is when the user’s CIBIL score falls drastically below the decent bracket of 750. One of the major reasons behind the drop in credit scores is missed EMIs.
Users must take possible measures to reinstate their CIBIL scores. They must clear all their unpaid dues to unblock Bajaj Finserv EMI Network Card in such situations and download the latest copy of CIBIL score, reflecting new score.
Benefits of using bajaj finserv EMI network card
After unblocking the Bajaj Finserv EMI Network Card, users can again reap the following benefits:
The Bajaj Finserv EMI Network Card comes with a pre-defined limit of Rs. 2 Lakhs, allowing customers to shop their desired products from any partner offline and online stores.
No cost EMIs
This way, customers can save a significant amount of money. Zero-cost EMIs indicate that users do not have to pay any additional interest on the principal amount.
Flexible repayment tenure
Users can repay the principal shopping amount over flexible repayment tenure of 3 to 25 months.
Knowing how to unblock Bajaj Finserv EMI Network Card and the reason that leads to such circumstances will help customers enjoy an uninterrupted shopping experience. Hence to keep the Bajaj Finserv EMI Network Card functional, customers must initiate timely EMI payments and make sure to keep the ECS mandate active.