LG and Bajaj Finserv have partnered to launch the Bajaj FinservEMI card for shopping at LG and Bajaj Finserv outlets. The card allows you to shop across the LG product portfolio at no-cost EMI option.
You can use the Bajaj FinservEMI card at 20,000 LG outlets, around 700 LG exclusive brand shops and 3,000 smartphone stores. It can be used on 50,000+ Bajaj Finserv outlets. The car comes with a pre-approved credit limit with exclusive loyalty program for LG consumers.
About LG partnered Bajaj FinservEMI card
The BajajFinservEMI card can be used to avail no-cost EMI on the purchase of LG products in any category. You can avail the benefits of no-cost EMI on a minimum purchase of Rs. 7,000 and a maximum purchase of Rs. 2,00,000. You can select the repayment tenure to be from 8 months to 24 months. You can also foreclose the loan at any time without any extra charges. It will be available for existing Bajaj Finserv EMI card users as well.
With this new offer from LG and Bajaj, consumers can benefit this festive season by availing certain deals and making payments later. The no-cost EMI with easy foreclosing options is a good move to engage the consumer. The card will also encourage users to make more purchases.
Commenting on the launch, Mr. Kim Ki Wan, MD at LG Electronics India said, “This offering will enable us to strengthen our relationship with our Indian consumers as now they will be able to buy the best of various products at easy payment options. We are ready to deliver on our core philosophy “Life’s Good” at the start of the celebrations”.
M. Rajeev Jain, MD at Bajaj Finance Ltd also commented, “The LG Bajaj Finserv co-branded card is a disruptive proposition that will facilitate stronger consumer convenience and stimulate higher spends”.