Understand Why your Bajaj Finserv EMI Card gets Blocked & learning How to Unblock it!

Is your Bajaj Finserv EMI card blocked? Are you worried? If you answered ‘Yes’ to these questions then you do not have to worry as this article is the solution to your problem! If your Bajaj Finserv EMI card is blocked you do not have to panic. But first, you need to know why this has happened. You need to understand the reason why your Bajaj Finserv EMI card has been blocked. So in today’s article, we will dive deep into understanding why your Bajaj Finserv EMI card has been blocked, and all the reasons behind it. Also, we will tell you the entire process to unlock your Bajaj Finserv EMI card and how to take precautions so that it will not get blocked again in the future as well. 

Why does your Bajaj Finserv EMI card gets blocked? 

If your Bajaj Finserv EMI card is blocked then you need not worry. But understanding the reasons why it has been blocked is important so that you can take the right measures necessary for the next time. The first reason is the most common of all which is ‘Missing an EMI Payment’. The second reason behind Bajaj Finserv EMI card blocking is ‘Incomplete ECS mandate processing’. And the third reason is ‘If your CIBIL score drops below 750’. So now let’s go through these reasons one by one in depth.

1) Missing an EMI payment 

If you have missed or failed to pay off your monthly EMI then this might be the reason. This happens in the majority of cases. So go through your last billing cycle and see if there is any missed payment. Verify the details and rectify them as well. So if you have failed to pay an EMI you will have to clear the entire pending amount as soon as possible for your card to be unblocked. 

How to unblock your Bajaj Finserv EMI card When you have missed an EMI payment?

First things first, if the reason behind your Bajaj Finserv EMI card blocking is because you have missed an EMI payment then you are supposed to pay your dues first. So for clearing your due amount you can visit the Bajaj Finserv Bank that is the nearest and clear the dues in person. You can also pay off your EMI dues by repaying the pending amount online through the official website or app of Bajaj Finserv. The last way to pay off your EMI due amount is through Bajaj Finserv’s official customer portal which is named ‘Experia’. Follow the steps given below to unblock your Bajaj Finserv EMI card on the Experia customer portal –

1. Log in to the Experia customer portal.
2. Then you will have to enter your Customer ID. Then enter your password. 
3. Then tap on the ‘My relations’ option and then click on ‘EMI Network Card’.
4. Then click on the view all button and then you will have to click on the ‘EMI card details’ option. 
5. Then click on the ‘Block / Unblock / Reissue’ option.
6. And then just complete the procedure that is mentioned there.

So this is how you can unblock your Bajaj Finserv EMI card if it was blocked because of not paying your EMI on time. 

2) Incomplete ECS Mandate Processing

Not processing the ECS mandate fully can be the reason, your Bajaj Finserv EMI card has been blocked. The ECS debit mandates enable debits automatically to your account on the due date of your billing cycle without you having to visit your nearest bank branch. Since the ECS mandate automatically debits the amount from your specific bank amount it is very important that you complete the process of the ECS mandate. 

So you have to certify and allow your bank to auto-deduct the respective EMI amount. If this is not done then you will have to keep track of the EMI amount that you have to pay off. And you might get caught up in a situation where your EMIs might pile up because of not paying it on time. This will then lead to major consequences which are that your Bajaj Finserv EMI card might get blocked. So to keep your Bajaj Finserv EMI card active then you will have to talk to your bank and see what is the obstacle in processing the ECS mandate. 

How to unblock your Bajaj Finserv EMI card if it is blocked because of ‘Incomplete ECS mandate processing’?

The first step is to talk to your bank and find out what the issue is and why they are unable to process your ECS mandate. So if you see that there is any problem with your respective bank account and the mandate has not been accepted by your bank then do not wait. Do not take any chances as your Bajaj Finserv EMI card will remain blocked until you complete the process. So in this case submit a new ECS mandate at the nearest branch of Bajaj Finserv and restart the process again. 

If you are restarting the ESC mandate process all over again then as a precaution pay your EMI amount in advance especially if you are starting the process in the middle or towards the beginning of the month. So once you complete this process of ECS mandate your Bajaj Finserv EMI card will be unblocked within a period of 45 days.

3) CIBIL Score Drops Down to 750

The third reason why your Bajaj Finserv EMI card is blocked might be if your CIBIL score drops down to 750. Bajaj Finserv checks your CIBIL score at regular time intervals. So maintaining a good score becomes super important. So if you do not make payments on time or miss payments then your CIBIL score might drop. So if your CIBIL score goes under 750 then your Bajaj Finserv EMI card might get blocked. 

How to unblock your Bajaj Finserv EMI card if it has been blocked due to a low CIBIL score (below 750)?

The most important thing you have to do is increase your CIBIL as pre. You have to make sure that your CIBIL score is above 750. So for that make sure that you pay your due amount on time and do not miss any payment either. Once your score goes above 750, then you will have to download a copy of your new CIBIL score and then appeal to Bajaj Finserv to unblock your Bajaj Finserv EMI card by submitting a copy of your new CIBIL score. Once this is done your Bajaj Finserv EMI card will be unblocked.

Now that you have understood the reasons and their respective procedure to unblock the Bajaj Finserv EMI card. Once you have completed the process you can see if your card has been activated or not. Follow the steps given below to check if your card is still blocked or has been activated.

Here are the steps to check if your Bajaj Finserv EMI Card is active or not?

• Go to the official website of Bajaj Finserv. Sign into your account.
• Then click on ‘View details’ under the My Relations option. 
• An interface will be opened and you will be able to see all the details of your card. 
• Verify the details and you will be able to see if your card is active or not. (If your card is active then your card status will be shown as ‘active’)

So this is how you can check the status of your Bajaj Finserv EMI card and see whether it is active or not. Also, pay your EMI on time. Make sure that you do not miss any EMIs. Remember that your credit score plays a very important role. So always maintain a CIBIL score above 750 to be on the safer side. Take all these precautions so that your Bajaj Finserv EMI card will not get blocked again.

FAQ