Buying large value item is easy with Flipkart even if you don’t have a credit? card.
There are now many options available to buy Mobile, TV and other appliances with easy EMI without credit cards.
Below are the some options available from Flipkart which help you buy on installment without a credit card.
Table of Contents
Bajaj Finserv EMI Card
If you already have Bajaj Finance EMI Card, then it’s easy to buy your favorite product.
In Bajaj Finance most the large value items are available, depends on your credit limit or loan amount you can buy.
There is 0% interest using Bajaj Finance, so you don’t have to pay extra interest while buying any products.
How to buy using Bajaj EMI Card
Debit Card EMI
Almost all bank account comes with Debit Card, and the new offer from Flipkart about Debit Card EMI is good for customers who don’t have credit cards.
Selected Banks like HDFC, ICICI and Axis Bank provides debit card EMI on Flipkart, SBI will also provide in near future.
You can add your debit card and check if you are eligible for Debit Card EMI.
There will be the interest rate from 14 to 16%, which will be deducted monthly, you can get more information.
Cardless Credit EMI
Cardless Credit EMI is new and available to only selected customers of Flipkart.
Cardless EMI Interest rates
| Month | Cardless EMI |
|---|---|
| 3 Months | 0% ? No Cost EMI |
| 6 Months | 25% Interest |
| 12 Months | 25% Interest |
LazyPay EMI on Flipkart
LazyPay from PayU money, soon provide Carless EMI with pre-approved limit as per your credit score. Interest rate starts from 18%.
Only few documents required like PAN Card and Aadhar Card eKYC.
Interest rates for Flipkart EMI
| EMI Type | Downpayment | 3 Months | 6 Months | 9 Months | 12 Months |
|---|---|---|---|---|---|
| Bajaj EMI | 0 | 0% | 0% | NA | NA |
| Debit Card EMI | 0 | NA | 14%-16% | 14%-16% | 14%-16% |
| Cardless Credit EMI | 0 | 0% | 25% | NA | 25% |
NA= Not available for selected tenure.
