Understanding Bajaj Finserv Card Blocking: Causes and How to Unblock

Insta EMI Cards from Bajaj Finserv offer immense flexibility and convenience in managing your monthly purchases. However, just like any other financial product, they come with specific terms and conditions. One such issue that users often face is card blocking, typically due to two main reasons: EMI bounces and CIBIL Score falls below the eligibility criteria.

EMI Bounce: A Common Cause for Card Blocking

One of the primary reasons for a Bajaj Finserv card to get blocked is the failure to make EMIs on time. If you miss a single EMI payment, your card will be blocked according to Bajaj Finserv's internal policy. This is a precautionary measure to ensure that customers meet their financial obligations.

The best way to unblock your card is to immediately clear your overdue EMI payments. Once your account stands clear, your card will be unblocked, allowing you to continue your shopping with ease.

Steps to Unblock Your Card Following EMI Bounce

Visit the Bajaj Finance customer portal - My Account.

Select the card that needs to be unblocked.

Click on the 'Unblock Card' option from the 'Quick Actions' section.

Accept the OTP sent to your registered mobile number to complete the process.

CIBIL Score and Card Eligibility Criteria

Another factor that can affect your Bajaj Finserv card status is your CIBIL Score. Bajaj Finserv has specific eligibility criteria based on your credit history, ensuring that only cardholders with a strong financial track record can use the Insta EMI Card.

If your CIBIL Score falls below the required threshold due to any reason, your card may get blocked. In such a situation, your card will be temporarily blocked pending a review of your profile. Once your profile meets the internal eligibility criteria, your card will get unblocked automatically.

For Past Blockings: Steps to Unblock Your Card

If you've blocked your card in the past and wish to unblock it, here's what you need to do:

Visit the Bajaj Finance customer portal - My Account.

Select the card that you want to unblock from the list.

Choose the 'Unblock Card' option under the 'Quick Actions' section.

Confirm the process by accepting the OTP sent to your registered mobile number.

Notices and Customer Assistance

When your card gets blocked, you will receive a notification on your screen. This serves as a reminder and helps you take prompt action. If you are an old customer and have misplaced your physical EMI Network Card, you can raise a request through the customer portal. After submitting your request, a Bajaj Finance representative will contact you for further guidance on unblocking your card.

Understanding the reasons for card blocking and the steps to unblock it can help you maintain the smooth functioning of your Insta EMI Card, ensuring that you can continue to benefit from the flexibility and convenience it offers.

By regularly monitoring your card status and keeping a track of your payments, you can avoid such inconveniences and enjoy the full benefits of your Bajaj Finserv Insta EMI Card.