Lower GST, Bigger Possibilities – Empower Your Dreams This Festive Season

 The festive season is the perfect time to refresh your home and create moments of joy with your loved ones. This year, celebrations are even brighter. With GST on many consumer durables reduced, popular appliances and electronics are more affordable than ever. Coupled with festive discounts from brands and retailers, families have an ideal opportunity to make thoughtful upgrades to their homes.

Here’s how consumer durable loans, combined with the new GST reforms, can help you make the most of your festive shopping:

GST Reforms and Their Impact

First, let’s look at what the GST reforms mean for consumer durables. Effective September 22, 2025, the GST on several popular household appliances and electronics has been reduced from 28% to 18%. This brings down the upfront cost of items such as televisions (above 32 inches), air conditioners, and dishwashers, making it easier for families to plan upgrades that suit their budgets.

The change also influences purchasing decisions in tangible ways. Let’s take the example of the 43-inch smart television, which previously included a higher tax component and now costs significantly less.

Table Source: Time of India

Beyond pricing, this shift reflects a broader trend: households are increasingly exploring smarter ways to finance their purchases, taking advantage of loans that allow them to pay in instalments while still making the most of discounts and seasonal deals.

Role of Consumer Durable Loans

Against the above backdrop, here’s how consumer durable loans come into the picture:

GST benefits and festive discounts make purchases more attractive, yet households often explore smart financing options to enjoy what they want without delay. Consumer durable loans provide an easy solution, allowing families to bring home the products they need or want immediately, while paying through convenient equated monthly instalments (EMIs).

Key advantages include:

• Immediate ownership – enjoy appliances and electronics right away, in time for festive celebrations
• Flexible EMIs – payments designed to suit household budgets, with options to adjust instalment amounts, choose tenure or frequency, or take advantage of No-Cost EMI options
• Minimal or zero down payment – so you can keep money aside for other festive expenses
• Quick approvals – ensuring purchases align with seasonal offers and limited-time deals
• No collateral required – making loans accessible to a wide range of buyers

By combining affordability, flexibility, and speed, consumer durable loans help households maximize the benefits of GST advantages and festive offers. Families can upgrade their homes and add festive touches throughout, enjoying the season comfortably.

Tips to Make the Most of Consumer Durable Loans

• Using a consumer durable loan can help you plan festive purchases smartly. Here are some practical tips:
• Choose the products that help you make the most of festive offers, whether it’s key appliances or electronics across your home.
• Plan multiple purchases together – finance more than one item through a single loan to take advantage of festive discounts and GST benefits.
• Secure festive deals instantly – quick approvals and flexible financing ensure you don’t miss seasonal offers.
• Choose from flexible EMIs – pay monthly, bi-monthly, or quarterly; select short or long tenures; or take advantage of No-Cost EMI options to suit your budget.
• Check for bundled offers – for instance, you might get a discount when buying a TV with a sound bar, or a refrigerator with a microwave, when financed through a loan, giving you extra value.

By following these tips, families can maximize GST advantages, festive offers, and flexible consumer durable loans to make their homes ready for celebrations.

Why Poonawalla Fincorp

As consumer preferences evolve, the financing ecosystem must match both speed and simplicity. Poonawalla Fincorp addresses this need with:

• 100% digital application – complete your loan application online in minutes, without paperwork or branch visits.
• Instant approval – get quick confirmation so you can grab festive deals before they end.
• Extensive dealer network – access top brands and products across cities, making it easier to choose and purchase what you need.
   

Through accessible financing and a robust service framework, Poonawalla Fincorp helps households make the most of festive offers and GST benefits, reflecting its commitment to Enabling Dreams.

Start your application today and bring home the festive upgrades you’ve been dreaming of: fast, simple, and worry-free.

Looking Ahead

The alignment of tax reforms with India’s festive calendar presents a unique opportunity. For consumers, it lowers barriers to ownership of appliances that enhance lifestyle and productivity. For the market, it signals renewed momentum as affordability and demand intersect. As households prepare for celebrations, the combination of reduced GST rates and accessible financing ensures that upgrading to better appliances becomes more accessible than ever.