I brought sony product last year hence it is costly though I get help from finance. The market is fully captured by bajaj finance so there is no other option for no cost emi.
The no cost emi is just a myth. Actually they cost you more than regular finance of privet bank only if seller sells bajaj insurance policy for the product you are buying.
If you purchase 10K product they forced you to buy policy of 1800rs to 2200 rs and divide that policy ammout into your per month dedication.
So you pay 10k+ 2200= 12200 rs which more that any other bank finance in market.
The bajaj finance staff is not abusive but their talking manners are somewhat like someone slap you in front of group of people and you cant do anything. Hence they don't care your credit records are good or not. Their taking behaviour is same for all whenever I visited the bajaj finserv.
Tip
1) Its all about the seller of product if the seller is good and loyal then he cant sell you insurance and save your mony and as well as he also give you more offers of repay like 8+ 4 & 14+ 4 plans. It means 4 monts down payment and 8 months deduction.
2) The penelty are too costly than any other financial services so be aware of it. You have money in your account before its due date. Otherwise you will pay lot more than your product value. One penalty cost nearly 1200 rs.
3) Don't talk more time when bajaj finance call you they ask you for other insurance like life insurance and other and if we say yes in flow of talk then mony will deduct from your account without any reason.
Hence that are the major problem of bajaj finance otherwise service is good.
