Typically, Bajaj EMI Network Card allows cardholders to finance their purchases, which can be repaid within a flexible tenure ranging between 3 and 24 months. Individuals can purchase several commercial durables and other utility products on No Cost EMIs with the help of this payment option.
However, EMI Network Cards come with a predetermined limit beyond which cardholders cannot make purchases. Consequently, individuals need to check the Bajaj EMI card limit, especially when they indulge or plan to make multiple purchases with their card at once. Doing so, cardholders can track their spending and also refrain from exceeding the pre-set limit.
Though there are several ways in which customers can check their EMI network card’s limit, using the Experia portal is one of the most convenient options to do so.
How to check your Bajaj EMI card limit online?
Here’s how to check your Bajaj card limit through the Experia portal in a few simple steps –
Step 1 – Visit Bajaj Finserv online platform, i.e., the Bajaj Finserv Experia portal.
Step 2 – Enter your customer ID, mobile number, and email ID.
Alternatively, with the help of your registered mobile number, you can generate an OTP instantly and use it to log in to the online portal.
Step 3 – Next, proceed to navigate to ‘Services’.
Step 4 – Click the ‘My Relations’ tab and then click on the ‘EMI Card Details’ option.
Step 5 – The EMI card will appear on the page’s top-right corner.
Step 6 – Check the ‘Total Limit’ field to find the card limit.
Once these steps are complete, one can easily check the Bajaj EMI Network Card limit and streamline his/her purchases accordingly.
Other than that, customers can also use the Bajaj Finserv Experia App installed on their mobile phones to check the limit of their Bajaj EMI Network Card. Such an app comes in handy for managing existing credit as well as downloading and tracking financial statements, among other facilities.
Additionally, users can access an array of pre-approved offers that accompany different financial products like secured and unsecured loans. You can check your pre-approved offer simply by clicking on the ‘Offers’ section and providing essential details like your name and contact number.
It must be noted that the EMI card limit tends to be influenced by several factors. Individuals must make it a point to find out about them in advance so that they can use the same in their favour.
Factors affecting the Bajaj EMI Network Card limit
Essentially, the EMI card limit is the pre-approved financing amount available to customers. Such an amount is usually affected by the following factors –
- CIBIL score – Usually, individuals with a high credit score, say over 750, can avail a higher EMI card limit.
- Income level – Individuals with a stable source and a decent monthly income are likely to avail an EMI network card with a high limit. Notably, the maximum network EMI card limit is Rs.4 lakh.
- Repayment capacity – Creditworthy individuals with a strong repayment capability tend to avail a higher Bajaj Finserv EMI Network Card limit. Typically, repayment capacity is based on cardholders’ monthly income, job stability, and income source.
Bajaj Finserv usually reviews customers’ EMI card’s limit quarterly. One can avail a significantly increased limit by maintaining a spotless repayment history. Individuals can manage their finances easily by paying dues in time and maintaining a low credit utilisation ratio of, say, less than 30%. In turn, it will also help improve their credit score remarkably.
Hence, individuals can check the Bajaj EMI Card limit conveniently by logging in to Bajaj Finserv Experia portal. Doing so will facilitate better financial planning and will help to monitor expenses more effectively. It must be noted that besides using the Experia portal, customers can also gain information about their card limit via customer care service or Bajaj Finserv Wallet App.