2 ways – How to Close Your Bajaj Finserv EMI Card: A Step-by-Step Guide 2023

Rate this post

How to Close Your Bajaj Finserv EMI Card

How to Close Your Bajaj Finserv EMI Card
image via facebook

If you’re looking to close your Bajaj Finserv EMI card, it’s essential to understand the process and implications. Whether you’re no longer using the card or have found an alternative, closing the EMI card correctly can save you from unnecessary hassles in the future. In this comprehensive guide, we will walk you through the step-by-step process of closing your Bajaj Finserv EMI card.


The Bajaj Finserv EMI card has been a convenient financial tool for many, providing the flexibility to make purchases and pay in easy installments. However, circumstances change, and you might find yourself needing to close your EMI card. This guide will help you navigate the process seamlessly.

Reasons to Close Your Bajaj Finserv EMI Card

There can be various reasons why you might consider closing your Bajaj Finserv EMI card. Perhaps you’ve paid off all your dues, or you’re no longer using it, or you’ve found a more suitable financial solution. Closing the card can help you avoid annual fees and keep your finances organized.

Things to Consider Before Closing Your EMI Card

Before you proceed with closing your Bajaj Finserv EMI card, consider the following:

  • Outstanding Dues: Ensure that you have cleared all outstanding dues on the EMI card.
  • Automatic Payments: If you have any automatic payments linked to the EMI card, make sure to update your payment information.
  • Impact on Credit Score: Closing a credit card can affect your credit score, so be prepared for potential changes.

Steps to Close Your Bajaj Finserv EMI Card

1. Clear All Outstanding Dues

Before initiating the closure process, ensure that you’ve paid off all pending dues on your EMI card. This includes the principal amount and any interest or charges.

2. Contact Customer Support

Get in touch with Bajaj Finserv’s customer support via phone or email. Inform them about your intention to close the EMI card and inquire about any specific steps they may require.

3. Visit a Bajaj Finserv Branch

If necessary, visit a nearby Bajaj Finserv branch. Speak to a representative and let them know about your decision to close the EMI card.

4. Submit the Closure Request Form

Fill out the closure request form provided by the bank. Ensure that you provide accurate details and follow the instructions carefully.

5. Cut Your EMI Card

Once your closure request is processed and confirmed, destroy your EMI card by cutting it into multiple pieces. This step helps prevent misuse of the card.

6. Cancel Bajaj Finserv EMI Network Card Online

Read the below mentioned points to know how to cancel bajaj finserv emi card online.

Login to Bajaj Finserv Wallet App and close the EMI network card from there,

Visit the Bajaj Finserv customer portal – Experia. It is their official portal specially designed for customer issues and queries,

Or you can just call on their customer care no. 08698010101. Call charges will be applicable for this.

What Happens After Closing Your EMI Card

After successfully closing your Bajaj Finserv EMI card, you will receive a confirmation from the bank. Make sure to keep this confirmation for your records.

Benefits of Closing an EMI Card Properly

Closing your EMI card in the correct manner offers several benefits:

  • Financial Organization: You can better manage your finances without the card’s ongoing commitments.
  • No Annual Fees: Avoid annual fees associated with the EMI card.
  • Credit Score Management: Closing the card can positively impact your credit score over time

Closing your Bajaj Finserv EMI card is a straightforward process that involves settling your dues, notifying customer support, and following the bank’s instructions. By doing so, you can simplify your finances and avoid unnecessary charges. Always remember to keep the closure confirmation for future reference.

Frequently Asked Questions (FAQs)

1. Can I reopen a closed Bajaj Finserv EMI card?

No, once a Bajaj Finserv EMI card is closed, it cannot be reopened. You would need to apply for a new EMI card if required.

2. Is there a fee for closing the EMI card?

No, there is typically no fee for closing your Bajaj Finserv EMI card.

3. Will closing the EMI card affect my credit score?

Closing a credit card can have a temporary impact on your credit score. It’s advisable to consider this before making your decision.

4. Can I transfer the outstanding balance to another card?

No, you cannot transfer the outstanding balance from your Bajaj Finserv EMI card to another card. You need to clear the balance before closing the card.

5. How long does it take to process the EMI card closure request?

The processing time can vary, but it usually takes a few business days for the closure request to be processed and confirmed.

Leave a Comment