If you've been daydreaming of your next holiday, the cost of flight tickets shouldn't be a rude awakening! With monthly instalments, those dream destinations are just a click away.
More Indians travel today than ever before. Yet, paying for flight tickets in one go remains a major hurdle. The solution? Breaking down your travel costs into easy monthly payments
How does EMI make life simpler?
Firstly, what is EMI? EMI, or Equated Monthly Instalment, splits large expenses into fixed monthly payments. Think of it as dividing a big amount into smaller, equal parts that fit your monthly budget comfortably. Each EMI includes a portion of the principal amount and interest, if applicable.
For instance, a Rs. 30,000 flight ticket divided into 6 EMIs means paying just Rs. 5,000 per month (plus applicable interest). This makes expensive flight tickets more accessible without draining your savings at once.
Making flight bookings simpler with Bajaj Finserv Insta EMI Cards
The Insta EMI Card from Bajaj Finserv transforms how you book flights. It offers instant conversion of your flight purchases into EMIS, removing the burden of one-time payments.
With a pre-qualified loan offer amount of up to Rs. 3 lakh, you can book multiple flights for family holidays or business trips. The card works seamlessly across major travel websites and offline travel agencies.
Key features and benefits
The freedom to choose your EMI tenure from 1 to 60 months helps you plan your finances better. You can pick shorter terms for smaller amounts or, for expensive flight bookings EMI tenures that are longer.
No waiting periods or lengthy paperwork. Your card gets approved quickly through a digital process. Instant activation means you can start booking your trip right away.
Book your flights on all major travel platforms like MakeMyTrip, Goibibo, and EaseMyTrip. The card also works at partner offline travel agencies.
Booking flights with your Insta EMI Card
Online booking steps:
● Select your flights on any travel website
● Proceed to payment and choose the EMI option
● Enter your Insta EMI Card details
● Pick your preferred EMI tenure
● Complete the transaction securely with an OTP
For offline bookings, visit any partner travel agency. Share your card details and choose your EMI tenure.
Benefits of flight booking through EMI
● Budget-friendly travel planning: Split your travel costs into affordable monthly payments to maintain your monthly budget while ensuring your travel plans stay on track.
● Flexible payment schedules: Choose payment terms that match your income cycle. This alignment ensures comfortable repayment without straining your finances.
● Special travel offers: Access exclusive flight deals and seasonal discounts to reduce your overall travel costs significantly.
● Emergency travel support: Book urgent flights without worrying about immediate funds. The instant approval ensures you never miss important trips.
Using your Insta EMI Card responsibly
● Plan your EMIs carefully: Calculate your monthly obligations before booking. Ensure the EMIs fit within your monthly budget without causing financial stress.
● Maintain payment discipline: Mark EMI due dates on your calendar, set reminders, or create an auto-debit. Regular, timely payments help build a strong credit score and avoid late payment charges.
● Monitor your credit limit: Track your available limit to plan future bookings and maintain healthy credit utilisation.
● Book within your means: Choose flights and EMI terms that match your income. This prevents overextending your finances and ensures comfortable repayment.
● Compare total costs: Calculate the total amount, including interest, before finalising to make informed decisions about your travel expenses.
Eligibility criteria and application process
Applicants need to:
● Be Indian nationals between 21 and 65 years of age
● Have a regular income source
● Maintain a good credit score, per Bajaj Finserv risk policies
● Furnish valid documentation, including PAN and Aadhaar card, address proof, bank account information and IFSC code for e-mandate registration
Apply online through the Bajaj Finserv website by:
● Entering your mobile number and completing the OTP authentication process
● Fill in the application form to know your pre-qualified loan offer amount
● Complete the KYC verification with DigiLocker or your Aadhaar details and pay the one-time joining fee of Rs. 530.
● Activate your card for use and complete the e-mandate registration.
You can apply offline at any Bajaj Finserv partner store by providing the necessary documents for verification. Once approved, pay the one-time joining fee to activate your card.
EMIs make flight bookings more accessible and budget-friendly. The Bajaj Finserv Insta EMI Card puts you in control of your travel expenses. Apply now so your next getaway is just an EMI away.
Common questions answered
What if I miss an EMI payment?
Late payment fees apply. It affects your credit score negatively.
Can I pay off my EMIs early?
Yes, with no foreclosure charges.
What is the card joining fee?
Rs. 530 as a one-time payment.