This February witnessed a major transformation of the income tax structure by the government in the Union Budget 2020. India’s Finance Minister Nirmala Sitharaman declared substantial cuts in the tax rates by proposing a new tax regime. In accordance to this new proposal, 7 new tax slabs have been introduced, and incomes up to INR 15 lakh have their tax rates significantly cut down. The taxpayers have an option to select between the old and new tax slabs. Taxpayers should opt for the structure that has the maximum benefit depending on their income levels. The tax savings that has been brought about with the new union budget 2020 has an effect of increasing the income in the hands of taxpayers thereby increasing the purchasing power of the nation. This increased purchasing power can be used to buy all those items you wished you could buy if you had the resources.
However, there is also a downside to this new tax regime. Under the rules, you will no longer be able to avail of all of the exemptions and deductions which previously lowered the amount of the salary that was taxed.
But it’s not all bad! You can still ease your shopping budget by shopping on Bajaj Finserv EMI Store. When you shop, getting all those products with the help of Bajaj EMI network card is a smart way to defer the payments. EMI helps you ease out the financial pressure that your credit cards might otherwise face. Deferring the payments using a no-cost EMI facility such as Bajaj EMI Store is the smart way to shop in 2020. One can avail the Bajaj EMI Card if they are in the eligible age group of 21 to 60 years. Simply logging in to the customer portal can help in the application for Bajaj EMI card. Alternatively, one can even do the Bajaj Finance card apply process for the card facility while purchasing any of your favorite products from our partner stores.
Now that you know who can get an EMI card, here is how you can shop online using Bajaj Finance Card:
The first step to do your Bajaj EMI card apply online process is logging into your customer account and searching for the ‘No Cost EMI’ on the website. Next, click on the ‘Buy now’ to proceed making a selection of your favourite product on the EMI store. On selecting the ‘No Cost EMI’ option, you can select the Bajaj Finserv EMI card and proceed with placing your order. On entering the shipping details successfully, select the ‘No cost EMI’ under the payment mode and complete your transaction using the OTP sent to you on your registered mobile number.
There are many benefits of using the Bajaj Finserv EMI Card! It acts as a pre-approved loan, with no hassle. There is of course no cost EMI, and you can avail many instant offers and deals on the best products such as electronics, home appliances, travel bookings, insurance premiums and so much more. Your shopping budget will be delighted with Bajaj Finserv EMI Store!