Bajaj finserv is really very nice option for people who want to buy products in emi. They say that they will provide 0% interest but now think carefully why would a company finance you if there is no profit for them? If you calculate minutely then you will notice that there is no such things as 0% interest. This is not the end if you go to any electronic store like great eastern, khosla etc or any furniture showroom like howtown or some other stores where bajaj finance is available you will see that the salesman will first ask you or suggest you to pay through finance companies like bajaj finserv because they have comision rates on their sell. Now if after watching the product you will tell them that I won't be buying this particular product then you will see the salesman will ask you to pay the total amount by cash and will give you a more or extra discount. This extra discount is the profit of bajaj finserv. Now coming to the most important part if you ever fail to pay the emi on time then what will happen the salesman will never tell you about this, bajaj finserv will charge you extra 350 rupees per week on each and every product i.e if you buy tv and ac then there are two products so if they will charge 350 + 350= 700 rupees on your entire loan. All those emi cards and services provided by bajaj finserv doesn't come free its us the customers are paying basically we are blindfooled by this company.
