Air Conditioner on EMI
Enhance the comfort and livability of your space with the latest AC. Stay cool and comfortable by buying an air conditioner on EMI. Finance this purchase with an Instant Loan online from Poonawalla Fincorp. Get up to ₹5 Lakh with an easy loan application process, easy EMIs and minimal documentation. Enjoy fast approval, and zero hidden charges on your desired AC be it a window or a split AC.
AC Instant Loan EMI Calculator
Calculate your monthly repayments using our AC on EMI calculator for your latest AC. Simply enter the loan amount, interest rate, and tenure to view your loan amount instantly. Calculate now!
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How to Apply for an Instant Loan Online in Just 3 Steps
Fulfil the following eligibility criteria to buy an AC on EMI:
- Age: Between 24 and 55 years.
- Citizenship: Indian.
- Annual Income: At least ₹3 Lakh.
- Credit Score: 750 and above.
Submit just a few essential documents required for instant loan approval:
- KYC Documents: Aadhaar Card and PAN Card.
Buy an AC on EMI with an Instant Loan, competitive interest rates, and nominal charges. Choose AC on EMI for flexible payment options and enjoy hassle-free cooling without paying the full amount upfront.
2. If Foreclosure or Prepayment is done by balance transfer from another bank/financial institution- 4% on amount being prepaid plus applicable Taxes
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Enjoy the comfort of an air conditioner while managing your finances smartly. Buy AC on EMI and upgrade your home cooling system without paying the full amount upfront.
- Affordable Monthly Payments – Spread the cost over easy EMIs without financial stress.
- Instant Cooling Comfort – Get your AC now and pay later, perfect for hot summers.
- Flexible Tenure Options – Choose repayment plans that suit your budget.
- Zero or Low Interest – Enjoy attractive EMI schemes with minimal extra cost.
- Improved Indoor Air Quality – ACs filter dust and allergens for a healthier home.
- Humidity Control – Maintain optimal moisture levels for better comfort.
Before you buy an AC on EMI, it’s important to choose the right model that suits your needs and budget. This quick AC buying guide will help you make an informed decision while enjoying the benefits of AC on Easy EMI:
- Energy Efficiency: Look for higher star ratings to save on electricity bills.
- Right Size & Capacity: Choose an AC that matches your room size for optimal cooling.
- Smart Features: Opt for Wi-Fi-enabled models and advanced controls for convenience.
- Noise Level: Ensure the AC operates quietly for a comfortable environment.
- Warranty & Reviews: Check brand reliability, warranty coverage, and customer feedback.
- Cost vs. Savings: Compare upfront cost, EMI plans, and long-term savings on energy.
The following are some AC types designed for all your needs:
1. Window Air Conditioner: Compact and affordable unit ideal for cooling a single room.
2. Split Air Conditioner: Efficient and quiet cooling with separate indoor and outdoor units.
3. Portable Air Conditioner: Mobile AC that offers flexible cooling without permanent installation.
4. Cassette Air Conditioner: Ceiling-mounted AC for uniform cooling in large spaces.
5. Central Air Conditioning: Whole-home cooling system with ducts for consistent temperature control.
6. Tower / Floor-Standing AC: Powerful free-standing AC for large halls and open areas.
Happy Customers, Happy Us
Throughout my loan journey, the Poonawalla Fincorp team showcased exceptional dedication, in-depth product knowledge, and a truly customer-centric approach. At every stage, they guided me with patience and clarity, making the entire process seamless, transparent, and timely. Their proactive communication and unwavering willingness to go the extra mile are a testament to the organization’s high standards of service excellence. Such professionalism not only fosters strong customer trust but also reinforces Poonawalla Fincorp’s reputation as a leading, customer-focused financial institution. I extend my heartfelt thanks to the entire team for their commendable efforts and wish them continued success in all their endeavors.
I am incredibly grateful for the outstanding support I received throughout my loan process. The guidance provided made every step feel manageable and stress-free. What stood out most was the humility and genuine willingness to help at every stage, qualities that made a significant difference in my experience. Without this support, the journey would have been far more challenging. I truly appreciate the dedication and helpful nature that was consistently demonstrated. The efforts put forth were invaluable, and I feel fortunate to have worked with someone so committed and supportive.
It was really great working with Poonawalla Fincorp. Thanks to the support and coordination by the team. I was able to get a significant portion of my requirements despite having a bit of a mess in my financial records. The loan processing and disbursement process at Poonawalla Fincorp was super smooth. They were incredibly cooperative and helpful. I’m looking forward to building a healthy relationship with them in the future. Thank you.
Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!
Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.
I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!
A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.
I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.
I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Yes, buying an Air Conditioner on EMI is a good option as it allows you to get it without the burden of paying the entire cost upfront. Instead, you can make payments in manageable monthly instalments.
You can buy an AC in instalments with a Poonawalla Fincorp’s Instant Loan of up to ₹5 Lakh. This loan comes with numerous benefits, such as competitive interest rates, customised repayment options, and fast approvals.
Your EMIs depend on the loan repayment tenure you choose. For an Instant Loan from Poonawalla Fincorp, you get to choose flexible loan repayment tenure that suits you the best.
Purchase an AC on EMI just by submitting KYC documents, such as an Aadhaar Card and a PAN Card.
Follow these steps to avail of a Consumer Durable Loan to buy AC on EMI:
Step1. Choose your AC (split/window/inverter).
Step 2. At checkout, select AC on EMI via a Consumer Durable Loan.
Step 3. Submit KYC + income documents and complete e-mandate.
Step 4. Get instant approval (subject to eligibility) and take the AC home.
Common repayment tenures range from 3 to 24 months; some lenders may offer up to 36 months depending on ticket size and profile.
Processing fees are usually 0%-5% of the loan amount, sometimes a flat fee. Promotional zero-processing-fee offers may apply during festive seasons.
Here are some of the advantages of buying AC on EMI:
• Budget-friendly and no need to pay full price upfront.
• Flexible tenures with predictable monthly payments.
• Access to premium models and smart features.
• Potential no-cost EMI, seasonal deals, and bundled warranties.
Use the standard formula:
"EMI"=((P×r×(1+r)^n))/((1+r)^n-1)
Where P = loan amount, r = monthly interest rate, n = number of months.
You can also use any EMI calculator, enter price, down payment, interest rate, and tenure to get the monthly EMI.
Interest rates typically range from 0% (no-cost EMI) to 24% p.a., depending on lender, offers, and profile. However, tenures are commonly 3–24 months (sometimes up to 36 months). Always check the effective cost (fees + interest).
Yes, most lenders/partners support split, window, inverter, cassette, and portable ACs across major brands. Availability depends on the merchant and scheme.
Here are some reasons why you should choose an EMI instead of paying full cost:
• Preserves cash flow and emergency funds.
• Let’s you upgrade to higher-efficiency models.
• Access to promos: no-cost EMI, extended warranties, exchange benefits.
• Easier budgeting with fixed monthly outgo.
Generally yes, if you have sufficient eligibility/credit limit. Lenders may cap total amount or require additional verification.
A hard inquiry and a new loan account can impact your score slightly. However, on-time payments improve your credit history; missed EMIs hurt it.
Yes, festive sales (summer, Diwali, New Year) often feature no-cost EMI, cashback, zero processing fee, and extended warranty bundles. Keep an eye on retailer and lender campaigns.