PUNE, India, June 2, 2020 /PRNewswire/ -- Losing a wallet can expose one to the risk of debit or credit card fraud and can also leave one stranded without cash. Moreover, with incidents of credit card and debit card fraud in the news every other day, it is essential to safeguard finances from PIN-based frauds, phishing, tele-phishing, and other scams. One way to do this is by opting for a Wallet Care plan offered by Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv, under its pocket insurance and subscriptions category. Offering a coverage of up to Rs. 2 lakh at a nominal annual premium of Rs. 599, this plan provides with a safety net in case of loss or theft of wallet or any fraudulent transaction. This is a comprehensive wallet protection plan that comes with a host of benefits.
Block all payment cards with just a single call
If wallet is lost or stolen, one can block all their credit cards and debit cards by making just one phone call. Customers can also report the loss of wallet 24X7 from anywhere in the world by dialing the dedicated helpline number.
Emergency travel and hotel assistance
One can get an emergency hotel and travel assistance under the Wallet Care plan in case of loss of wallet or being stranded without money while travelling. Customers can also avail financial assistance of up to Rs. 80,000 abroad and up to Rs. 40,000 in India for hotel bookings and travel tickets.
Online application process
To apply for Wallet Care, customers don't have to go through a lengthy and complicated procedure. All one needs to do is apply online and pay the premium to complete their purchase. The premium can be paid using debit card/credit card, UPI, Mobile Wallet, or Net Banking.
Hassle-free PAN card replacement
In case PAN card is misplaced or stolen, customers can avail free assistance to get a duplicate PAN card with the help of the Wallet Care plan.
In addition to Wallet Care plan, Bajaj Finserv offers a wide spectrum of pocket insurance and subscriptions that cover everyday risks across lifestyle, health, wellness and travel with premiums starting at as low as Rs. 79 per annum.
About Bajaj Finance Limited
Bajaj Finance Limited, 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. Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Lifecare Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international 'BBB' with stable outlook for long-term, by S&P Global Rating.
To know more, please visit: https://www.bajajfinserv.in