Bajaj Finance Ltd.

Bajaj Finance (BFL) and Vodafone Idea (ViTM) have entered into a strategic partnership to facilitate easy access to smartphones at affordable EMIs, along with 6 months and 1-year pre-paid plans from ViTM. Enhancing affordability in device financing, the partnership unlocks ease of 4G access for ViTM customers, by enabling them to get a smartphone of their choice and an annual or half yearly ViTM prepaid recharge plan at zero down payment and Easy EMI's from BFL.

As part of the partnership the EMI will be calculated basis the total billed amount including the price of the smartphone and the recharge. Thereafter, the amount will be divided into 6 to 12 monthly installments to derive the EMI amount.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.