India's First Instant EMI Finance App by Bajaj Finserv

Business Wire India
Bajaj Finserv, the reigning leader of consumer durable finance in India, has unveiled Bajaj Finserv Experia App, India’s first ever EMI finance mobile application. Through this revolutionary App, Bajaj Finserv aims to ease the process of instant EMI finance for consumers by providing them approvals anywhere, anytime!
 
This industry-first Bajaj Finserv Experia App is the perfect avenue to buy Furniture, Smartphones, LED TVs, Washing Machines and a lot more on easy EMI schemes, with a simple tap on the screen. Once downloaded, all you have to do is click on the “QUICK APPLY” button and get instant approval.
 
Apart from the extremely convenient application process, the App also lets customers log in using:
 

• Facebook
• Twitter 
• Google+ 
• Aadhar Card 

 
 This simple process waives off the time-consumed in filling basic information on application forms.
 
With this one-of-its-kind App, customers can get instant approvals with a unique ID to get EMI offers across 12,000+ outlets like Home Town, Croma, Urban Ladder, Home Centre, Vijay Sales, Helios, Damro, Royal Oak and many more.
 
Using the Bajaj Finserv Experia App, customers can:
 

• Get Instant Approval for loans up to Rs.3 Lakh with a simple tap on their smartphone
• Share only the first 6 digits of their Credit Card and get an extra advantage. This improves their chances of getting an approval, and also makes them eligible for higher loan amounts. No money will be deducted from their card and Bajaj Finserv does not use the customers’ Credit Card details for any banking purpose 
• Update or edit their personal details with ease 
• Shop across Bajaj Finserv’s 12,000+ partner outlets in over 150 cities upon approval 
• Keep track of their loan application 

 
 The ranges of products one can buy with the Instant EMI Approval feature include:
 

A.      Digital Finance - Tablets, Smartphones, Laptops, Cameras, Desktops, and Camcorders among other electronic items
 
B.      Lifestyle Finance - Fitness equipment, Modular kitchen, Furniture, and Luxury Watches
 
C.      Consumer Durable Finance - Microwave ovens, Washing machines, LED/LCD TV, Refrigerator, Generator, Dryer, Air Conditioner, Dishwasher, and Cooking Range among others.
 

Trudge new territories with the Instant EMI finance approval service on your smartphone:
 

• The Bajaj Finserv Experia App is an interactive application that provides you easy access to all your transactions including loan history, payment schedules and more
• The App also allows you to keep track of exclusive products offered by Bajaj Finserv and apply for them 
• Download the App on your smartphone and all the information required by you is available at your fingertips  
• The App is extremely simple. It’s easy to use and offers a level of convenience that generally evades financial transactions 
   

This is what Rajeev Jain, Managing Director, Bajaj Finserv Ltd, had to say about the next-gen application, “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 percent”.
 
Devang Mody, President Consumer Finance, Bajaj Finance Ltd, said “Finding new methods to acquire customers and expanding into new geographies are keys in the present times. We continue to simplify EMI financing for customers through digitization initiatives going forward as well”.
 
Here are the links for you to download the App:
 

• iOS: https://itunes.apple.com/in/app/bajaj-finserv-experia/id505454145?mt=8
• Android: https://play.google.com/store/apps/details?id=org.altruist.BajajExperia 
• Website: https://www.bajajfinserv.in/finance/bajaj-finserv-mobile-app.aspx  

 
Bajaj Finance Limited is the lending and wealth management arm of Bajaj Finserv. To know more, visit https://www.bajajfinserv.in/finance