Bajaj Finserv EMI

Help needed regarding same.
Went to Vijay sales with a friend, he wanted to buy a fridge which was at 67k online. Negotiated to 62k offline.
He then paid downpayment 16188 with his FK Axis CC and remaining amount as EMI 2021 × 23 months with some bajaj finserv mobikwik wallet!
16188 + 23×2021 = 62671
Was surprised to see such a deal, only 671/- interest when he’s paying EMIs on principle of 45k over two years! That is less than 1.5% of the principle amount.

Anyone with experience of bajaj finserv?

Didn’t ask my friend regarding this bajaj finserv thing as he doesn’t have good knowledge about money related matters

They must have some tie up.
Purchased tv (42k) from vijaysales 10 yrs ago and ac (35k) 5 yrs ago both with 12 months no cost emi from bajaj finserv.
Both time they asked additional 250 anf was issuing sone emi card which i denied.

NeverMind wrote:

I just received my pre-approved EMI network card from bajaj but now upon adding to amazon the expiry year of 2051 is unavailable. Further digging, I found bajaj is indulging in fraudulent practices such as hidden charges etc

so dimers, if anyone has experience with it please share, I’m inclined towards closing this and not taking any headache.

You will get Minus support from Bajaj

Better do following as mentioned by Amazon Email support

If you are trying to add Bajaj Finserv Ltd Card with expiry date greater than 2040, please enter the card details and name correctly.
2. Select any month and year below 2040 as the expiry date
3.Add the card
I am positive it will be added, please know that the recent cards of Bajaj Finserv Ltd have expiry till 2050 however there is no check for expiry from their end.

@cm4444 wrote:Help needed regarding same.
Went to Vijay sales with a friend, he wanted to buy a fridge which was at 67k online. Negotiated to 62k offline.
He then paid downpayment 16188 with his FK Axis CC and remaining amount as EMI 2021 × 23 months with some bajaj finserv mobikwik wallet!
16188 + 23×2021 = 62671
Was surprised to see such a deal, only 671/- interest when he’s paying EMIs on principle of 45k over two years! That is less than 1.5% of the principle amount.

Anyone with experience of bajaj finserv?

Never get Bajaj finserv card

My friend got duped into no interest emi trap n paid upfront charges and what not

So Had to involve uniform friend to close card without paying last Emi

Tldr; Not worth headache

For the last 3 yers every year I’m getting charged 150plus something as card charges per year as I haven’t used the card in the year

How to avoid it, I don’t want to lose the card / account as I have good limit and I don’t want to lose it
& If I have. card emi will be easy so didn’t close it.

Any workaround.