You might have already heard about the most popular Bajaj EMI card, one credit tool for all your shopping needs. With this card, you have access to 1.2 million products online and purchase them at no cost EMI with 0 down payment. However, certain eligibility criteria and a list of documents are needed to get the Bajaj EMI network card.
The ECS is one of the primary documents to complete the Bajaj Finserv EMI Network card application form. If you are unaware of the ECS meaning and want to know more about it, keep reading!
ECS Meaning and its limit
The ECS is nothing but a document that renders power to the EMI provider to debit a large sum from your bank account for the EMI of the product you purchased. This document also acts as a tool of confirmation for the banks to allow the withdrawal of the stipulated EMI amount. By submitting this ECS mandate, you can be worry-free about the EMI payments. It will automatically be processed every month.
You need to submit this official document to purchase your favorite products on No cost EMI and 0 down payment. When you buy a product with Bajaj Finserv EMI Card, a representative will ask you to send a canceled cheque along with your ECS and KYC documents. In addition, you must present the ECS with your signature so it can be used as proof of payment by the bank. It is also one of the most important documents when you apply for Bajaj Finserv EMI Network Card.
You must meet the eligibility criteria and submit your ECS to complete your purchase with this card. Don’t worry; it won’t affect your bank account or CIBIL score. It only provides evidence if the bank wants to deduct the EMI amount. For ECS, you can contact Bajaj customer support, available 24X7 or visit the web portal. Apply for a Bajaj Finserv EMI card with documents and ECS today to purchase the product with no EMI fees and 0 down payment.
Now that you know the ECS meaning, you can quickly get your Bajaj EMI Card and purchase all your favorite electronics and home appliances without hassle. Head to the Bajaj official website today and apply for your EMI card!