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How to unblock your Bajaj Finserv EMI Network Card using the Experia portal?

The credit bureau coverage of India, i.e. the percentage of adults with credit exposure, skyrocketed from 21.4% in 2016 to 63.1% in 2019. Among other factors, this tremendous growth can be attributed to financial services like the Bajaj Finserv EMI network card. It has transformed the way consumers finance purchases of consumer durable products and clothing as well. 

With this card, you can buy products at no extra cost and with zero down payments as well. However, for that, you need to possess an active card. In case it is blocked for some reason, you need to unblock your Bajaj EMI card through Bajaj Experia customer Portal to resume shopping on it. 

How does an EMI card get blocked?

The EMI Network Card can get deactivated for various reasons. Ergo, the question “How to unblock Bajaj card” does not have a single answer. You first need to identify the exact cause that has prompted the block before you can go ahead with reactivating it. Here are a few reasons that can warrant for your card to get blocked. 

  • Score below 750

One of the primary causes that can lead to card deactivation is a low CIBIL score. The NBFC runs credit score checks from time to time. In case it finds that the score has dropped way below 750, the financial institution can block the card until the score is restored back to that mark or above. 

You can consider the following tips to improve your CIBIL score:

  • Clear all unsettled dues and ensure to repay existing bills and EMIs timely.
  • Lower credit utilisation ratio, preferably below 30%.
  • Try to achieve a healthy balance between secured and unsecured credit facilities on your portfolio.
  • Check the credit report for discrepancies.

Once you have attained a score of 750 or above, provide your credit report to the NBFC to unblock the Bajaj EMI card. 

  • Unsuccessful processing of ECS mandate

The ECS mandate is essential for the EMI Network Card to be active. This mandate allows the NBFC to auto-deduct EMIs from your registered savings account so that you do not unwittingly delay payments. 

Thus, your card may be blocked if the concerned financial institution didn’t sanction such mandate or there has been any sort of discrepancy in processing. If that’s the case, submit a new ECS mandate to your nearest branch of the NBFC to initiate the Bajaj EMI Card unblock. Also, you may consider clearing that month’s EMI to avoid late payment charges. 

  • EMI payment miss out

Missing out on EMI payments is another notable cause that often leads to the deactivation of the card. If that’s the case, you need to repay the dues to unblock the Bajaj Finserv EMI Network Card. You can do so by visiting the NBFC’s nearest branch or through its official customer portal- Experia. 

In case you are uncertain why your card was deactivated, contact the customer care and then carry out the due process to unblock the Bajaj card. 

How to unblock Bajaj Finserv Card through the Experia portal?

You can reactivate your EMI Network Card through the Bajaj Finserv Experia app by following the steps mentioned below:

  • Download the Experia app and login.
  • Head to “My Relations” and select “EMI Network Card.”
  • Click on “View All.”
  • Tap through “EMI Card details” and select “Unblock.”

Follow the procedure mentioned to unblock the Bajaj EMI Card.

Aside from unblocking an EMI Network Card, there’s an array of services that you can access through this portal. For instance, you can learn about the customised pre-approved offers you can avail on different financial products. These allow you to avail facilities like a personal loan, credit card, home loan, etc. with minimum hassle and in no time. You may provide your name and phone number to check your pre-approved offers.

Nevertheless, you might consider using this app routinely to keep track of your EMI payments and other details pertaining to your availed financial products and services. That way, you can identify any discrepancy and initiate the card unblocking process promptly. 

Must Read: How To Login To Bajaj Experia Customer Portal?

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