Dussehra Sale 2025: Shop Top Electronics on Easy EMIs with Consumer Durable Loans

Consumer Durable Loans come in handy during Dussehra offers and sales, as they enable you to buy the latest electronics and avail of easy EMIs at the point of sale itself. Through this blog, we will help you navigate the festive sales atmosphere of Dussehra and how you can use a Consumer Durable Loan for your next big electronic purchase.

Dussehra Offers 2025 - What to Expect?

Each year, the Dussehra festive season experiences a boom in appealing offers across the consumer electronics sector. According to a report, electronic companies typically see up to 30% of their total sales during this period.

For 2025, consumer behaviour is likely to see an even heightened surge in purchasing. Savings from GST 2.0 changes mean that you, as a consumer, could see enticing rate cuts to product MRPs. Reportedly, electronic products like certain types of TVs, refrigerators and washing machines could become cheaper, as they will be taxed at 18% GST instead of 28%.

In response, retailers could offer even bigger discounts and attractive deals across a range of products, particularly on electronics! In addition to simple price reductions, watch for value-added offers. These may involve package deals, like receiving a soundbar at a discount with the purchase of a new TV, along with free extended warranty deals and promotional cashback offers. Brands also typically launch new products around this time, so you can score the latest models at an introductory rate.

Also Read: 6 Benefits of a Consumer Durable Loan You Probably Didn’t Know

Consumer Durable Loans for Dussehra Sales

To make high-value electronics and appliances more accessible, financial institutions offer a tailored product known as a Consumer Durable Loan. This loan offer is specifically structured to finance the purchase of white goods, making them an ideal financial tool for your festive shopping spree. It’s often a more structured and cost-effective alternative to using a credit card, especially for bigger-ticket items.

Benefits of Consumer Durable Loans

Here are some of the benefits of Consumer Durable Loans for Dasara offers on electronics:

• Instant Processing: Applications are often processed and approved within minutes at the point of sale, ensuring you can complete your purchase without any frustrating delays.
• Wide Availability: Consumer Durable Loans apply to a range of electronics, from the latest high-end phones to robot vacuum cleaners and more.
• Minimal Documentation: The application process is refreshingly simple, typically requiring only your basic KYC documents like an Aadhaar and a PAN card for verification.
• Flexible Repayment: You have the freedom to choose a repayment tenure that aligns with your financial comfort, with options usually ranging from a few months up to two years.
• No-Cost EMI Availability: Many lenders have partnerships with retailers to offer No-Cost EMI schemes. This means you pay only the product’s price in instalments, without any added interest charges from the lender.

How to Avail of a Consumer Durable Loan

To apply for a Consumer Durable Loan, follow a few easy steps.

For in-store purchases:

• Select the electronic product you wish to buy at a partner retail outlet.
• At the payment counter, inform the store representative that you want to use an EMI financing option. The retailer will be enrolled with a lender, who will disburse funds once your verification is complete.
• Provide the necessary KYC documents for on-the-spot verification.
• Once your eligibility is confirmed and the loan is approved, the lenders will disburse the amount to the retailer, and you can take your product home.
• You now have the responsibility of repaying the loan amount to the lender over the tenure.

For online purchases:

The process is integrated into the checkout flow. Select the EMI option from your chosen lender during payment, complete the digital KYC process as prompted, and authorise the transaction.

Also Read: Consumer Durable Loan Vs Small Personal Loan

To Conclude

Festive happiness is amplified with the acquisition of new products, especially when done in a financially savvy manner. Dussehra sales and Consumer Durable Loans offer the perfect opportunity to experience this happiness.

Click here to get a Consumer Durable Loan up to ₹5 Lakh with Poonawalla Fincorp.

Frequently Asked Questions

What exactly is a Consumer Durable Loan?

A Consumer Durable Loan is a type of personal finance used to purchase consumer durables like electronics and home appliances. The loan amount is converted into EMIs, allowing you to pay for the product over a set period. Unlike other loans, the amount is disbursed to the retailer instead of to you as the borrower.

What are the typical eligibility criteria for a Consumer Durable Loan?

While criteria can vary between lenders, they generally include being an Indian citizen, falling within a specific age bracket (e.g., 21 to 65 years), and having a stable source of income. Some lenders may also require a minimum credit score.

What documents are needed to apply for a Consumer Durable Loan?

Typically, you only need basic KYC documents for verification. This includes your PAN card, Aadhaar card for proof of identity and address, and sometimes recent bank statements or a salary slip.

What is the difference between a regular EMI and a No-Cost EMI?

A regular EMI includes both the principal amount and an interest component. A No-Cost EMI, often available through brand or retailer partnerships, means you only repay the total price of the product without any additional interest charges. A processing fee may sometimes apply.

Can I get a Consumer Durable Loan for purchases made online?

Yes, many e-commerce platforms have partnerships with financial institutions to offer Consumer Durable Loans or EMI options at checkout. The process is similar to an in-store application and is usually completed digitally.

How quickly is a Consumer Durable Loan approved?

One of the key benefits is the speed of approval. With digital verification and minimal documentation, most applications are processed and approved within minutes, either at the point of sale or during online checkout.

How does a Consumer Durable Loan affect my credit score?

Like any form of credit, a Consumer Durable Loan is reported to credit bureaus and reflects on your credit report. Making timely EMI payments can help build a positive credit history and improve your credit score. Conversely, missed or delayed payments can negatively impact it.