Upgrading your kitchen becomes a breeze with Consumer Durable Loans, letting you finance major appliances and modular installations on simple EMIs. A modern kitchen today demands energy-efficient appliances, durable materials for cabinets and countertops, space-optimised modular storage, and reliable brands that offer strong after-sales support. Whether it’s choosing a refrigerator with inverter technology, a washing machine with smart features, built-in ovens for efficient cooking, or modular cabinets that maximise every corner, selecting the right upgrades can transform both functionality and aesthetics. This guide walks you through financing your kitchen renovation, the key features to prioritise, and the top appliances to consider.
Key Features to Look for While Upgrading Your Kitchen
Selecting the right features ensures you get maximum value from your kitchen remodel. Here are some features that you should consider:
● Energy efficiency: Appliances with high energy ratings save on electricity bills.
● Durability and build quality: Choose robust materials for cabinets, countertops, and appliances.
● Space efficiency: Opt for a modular kitchen that offers smart storage and makes the best use of available space.
● Established brands and support: Pick brands known for reliable after-sales service and nationwide availability.
Modular kitchen designs and appliances that offer flexibility in use and maintenance are especially worth investing in.
Also Read: Refrigerator Energy Ratings 2025 Explained: Star Ratings, Savings & Sustainability
Appliances and Features to Upgrade Your Kitchen
Upgrading key appliances can dramatically enhance the functionality of your kitchen. Here are some tips and considerations when upgrading your kitchen:
|
Appliance |
Features to Look For |
Approx. Price Range |
Why Upgrade? |
|
Refrigerator |
Inverter compressor, convertible freezer, smart temperature sensors, door-in-door design, built-in deodoriser |
₹25,000 - ₹2,00,000 |
Boosts energy efficiency, improves food preservation, and offers flexible, smart storage. |
|
Washing Machine |
Inverter motor, steam wash, Wi-Fi/app control, AI-integrated sensors, anti-vibration design, auto detergent dosing |
₹20,000 - ₹80,000 |
Delivers better cleaning, quieter operation, and automated wash cycles for convenience. |
|
Modular Kitchen Cabinets & Storage |
Soft-close hinges, pull-out baskets, tall units, magic corners, anti-scratch laminates, and frosted glass shutters |
₹60,000 - ₹4,00,000 |
Maximises space, enhances accessibility, and elevates kitchen aesthetics. |
|
Built-In Oven / Microwave Oven |
Convection mode, air fry features, auto-cook menus, stainless-steel cavity, child lock features, and even-heat distribution |
₹25,000 - ₹1,00,000 |
Enhances baking, grilling, and reheating efficiency while offering seamless integration into modular kitchens. |
Financing Your Kitchen Upgrade
Choosing to upgrade the kitchen on EMIs helps you manage large renovation costs comfortably without draining your savings or emergency funds. Upgrading your kitchen becomes far more affordable with financing options like a Consumer Durable Loan or an EMI Card from Poonawalla Fincorp.
Steps to Apply for Consumer Durable Loan
The steps to apply may vary from lender to lender. Follow these commonly used steps to get started:
● Check Eligibility: Ensure you meet general requirements such as age (usually 21-60 years), stable income, acceptable credit score, and valid Indian residency.
● Gather Documents: You’ll need a PAN card and an Aadhaar card.
● Apply at a Partner Store: Visit a store that’s partnered with Poonawalla Fincorp and pick out the appliances and upgrades of your choice.
● Loan application form: Fill in the application form with the required details and documents.
● Verification and approval: The lender verifies your credentials, and the loan amount is sanctioned, often within a few hours.
● Repay via easy EMIs: The EMI plan starts from your next billing cycle as per the terms of the loan.
With a PFIN EMI Card, all you need is a one-time application and approval. Once finalised, you can use your approved limit to buy kitchen appliances, modular units, or fixtures at partner outlets.
To Conclude
Consumer Durable Loans make it easy to transform your kitchen without draining savings. Whether it’s a refrigerator, modular cabinets, or built-in ovens, you can spread costs into EMIs and enjoy a modern kitchen today. Compare loan options, check eligibility, and start your upgrade journey.
If you’re looking for an upgrade, Poonawalla Fincorp also offers an online Personal Loan that can help you bring your dream kitchen to life.
FAQs
What documents are needed for a Consumer Durable Loan?
You’ll usually need a PAN card, an Aadhaar card, proof of income (salary slip or ITR), address proof, and a recent bank statement for a Consumer Durable Loan application.
How quickly is a Consumer Durable Loan approved?
Most NBFCs offer instant or same-day approval for eligible borrowers, provided all required documents are submitted and verified.
Which appliances can I finance with a Consumer Durable Loan?
You can finance refrigerators, washing machines, cooktops, microwaves, modular kitchen setups, and other kitchen-related durable goods.
We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Loan disbursal is at the sole discretion of Poonawalla Fincorp.
*Terms and Conditions apply