Personal Loan for Consumer Durables

Personal Loan for Consumer Durables

Loan up to 30 Lakhs | Attractive Interest Rates | Quick Approval

Consumer Durable Loans have become a popular financing option for individuals to purchase appliances, electronics, and other high-value consumer goods. It provides a convenient way to spread the cost of such purchases over time. By doing so, you can get all your needed items together on time along with saving your money for future needs.

With Poonawalla Fincorp’s Personal Loan for Consumer Durables, you can achieve your dreams without any limitations. Consumer Durable Loan is specially designed to support you in purchasing your desired goods and paying later in equal installments.

Unlock the benefits of a Consumer Loan by applying for a Personal Loan for Consumer Durables from Poonawalla Fincorp.

Personal Loan Interest Rates 9.99%* p.a. onwards
Loan Amount ₹1 Lakh to ₹30 Lakh
Loan Processing Fees Up to 2% plus applicable taxes
Lowest EMI per month Starting from ₹2,124* per Lakh for 60 months
Loan Tenure 12 – 60 months
Prepayment/Foreclosure Charges 0%* If paid from own sources
Late Payment Charges 2% per month
Cheque Bounce Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Anyone who wants to avail a Consumer Loan can apply online for a Personal Loan for Consumer durables with Poonawalla Fincorp. You only need to meet the standards and submit the appropriate loan documentation to ensure a simple process.

It involves:

  • Age: The applicant should not be under 24 and more than 57 years old when applying for the loan.
  • Citizenship: Applicant should hold an Indian citizenship.
  • Employment: The applicant must have a full-time job at the central government, MNC, PSU, Listed or Unlisted public limited, PVT LTD, LLP or the companies which are listed under Poonawalla Fincorp.
  • Working Experience: Applicant must have at least a year of experience and 1 month of experience in the current company.
  • Monthly Income: The net monthly take-home of the applicant must be a minimum of ₹30,000.

Personal Loan For Shopping Eligibility Criteria

Age Requirement


Citizenship Status


Work Experience logo

Work experience

Employment Required

Employer Category

Monthly Salary Required

Monthly Income

Our Personal Loan for Consumer Durables can be your financing partner to support you in achieving your desired product with minimal documentation.

All you need to do is, submit the following documents correctly for a swift loan process:

  • KYC Documents

    KYC documents

  • Income Proof

    Address Proof

  • Income Proof

    Employment Proof

  • Address Proof

    Income documents

  • Proof of Employment

    Financial documents

Consumer Durable Loans are specially designed to provide the consumer with the benefits of purchasing white goods and luxury products, without waiting for a long time. By opting for our online Consumer Durable Loan, you can now access the benefits of buying your desired goods with Poonawalla Fincorp’s Personal Loan for Consumer Durable Loan.

The benefits of taking Consumer Durable Loans are as follows:

  • No Collateral: With an unsecured Personal Loan for Consumer Durable, you do not need to keep anything as security or mortgage while applying for a loan online.
  • Flexible Repayment Tenure: Keeping your convenience as our priority, you can choose your repayment option with freedom. Our Personal Loan for Consumer Durables is offered between 12-60 months of tenure.
  • Attractive Interest Rates: We provide Personal Loans with low-interest rates so that you can save money by making fewer monthly payments.
  • High loan amount with no usage limitations: With Poonawalla Fincorp Personal Loan, you can access funds up to ₹30 Lakh. These funds can be used for multiple purposes without limiting your choices.
  • No Hidden Charges: Nothing is hidden in our documents, and all loan terms are made transparent. There are no hidden fees associated with the loan, and the only amount you pay is what has been openly disclosed to you.
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Click on ‘Apply Now’ and complete the application form

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Personal Details

Enter your DOB, qualification, and residential details

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Application Verification


Submit and upload all details for verification and assessment

What is a Consumer Durable Loan Meaning?

A Consumer Loan is a financing option for the consumer to purchase white goods or luxury items and pay later in installments. Using Consumer Loan, you can purchase any goods such as home appliances, electronics and even luxury items.

For which products can I avail of a Consumer Durable Loan?

With Poonawalla Fincorp’s Personal Loan for Consumer Durable, you can avail yourself of any products, such as home appliances, electronics or even luxury goods.

Who is eligible for Poonawalla Fincorp’s consumer durable loan?

Everyone can apply for this loan; you just need to meet the eligibility criteria to avail yourself of Poonawalla Fincorp’s consumer durable loan.

*Terms & Conditions Apply

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