The capability of the consumer to buy goods has increased thanks to the easy availability of loans and EMI schemes from a number of banking as well as NBFCs (Non-Banking Financial Corporations). The procedures to avail one have improved over the past few years, but are somehow are still not swift enough. To make the process a lot more streamlined and convenient for the consumer, Bajaj Finance Ltd. announced a new app called ‘Experia’ which is the first of its kind EMI finance app for getting loan approval from the company before the user goes to visit a store to buy a product. This helps to avoid the trouble of waiting at the store and skip the whole process of getting an approval.
To apply a simple loan one has download and install the Bajaj Finserv Experia app on their Android smartphone. After downloading the app users can login using their Facebook, Twitter or Google+ accounts. Users can also login using their Aadhaar card number. Once the user has logged in, they get a unique user ID, and then they just need to hit the “Quick Apply” button to avail the EMI facility.
Users can avail EMI offers across 12,000+ stores including retail chains like Croma, Vijay Sales, Hometown, Home centre, Urban Ladder, Helios and more.
The features of the Experia app include:· Instant Approval for loan up to Rs. 3 Lakh
· Minimum documentation
· Nil Part prepayment charges
· Nil foreclosure charges
· Interest free EMI
· Convenience of applying from anywhere, anytime
· View the range of products to purchase and get instant approval
· Check your loan account details, disbursement details, EMI details and payment schedules
· Avail of pre-approved loan offers at a tap
Manish Jain, Group Marketing Head, Bajaj Finance Ltd said, “As we progress towards the vision of Digital India, it is more crucial than ever to digitize the everyday transactions and experiences of our consumers, which requires organisations like us to challenge our existing offerings and processes every day. I am confident that with our Digital First approach we are strongly positioned to offer a differentiated proposition to our digitally savvy customers”
