Loan Up to ₹5 Lakh
Tenure Up to 24 Months
Affordable EMIs

Why Choose Poonawalla Fincorp

Application icon 100% Digital application
Tickmark icon Instant
approval
Location icon Wide network of dealers

Shop Your Next Durable Product EMI Plans Available at Nearby Locations!

Meet our simple eligibility criteria:

  • Age: Between 21 and 65 years.
  • Citizenship: Indian.
  • Employment: Salaried and Self-employed
  • Monthly Income: At least 15,000 per month.
  • Credit Score: 650 and above/users new to credit

Submit just a few essential documents:

  • Digital Adhaar-based KYC
  • Repayment Mandate setup details

Get the loan at attractive interest rate and minimal charges:

Interest Rate
As per scheme selection
Loan Amount
Up to ₹5 Lakh
Loan Processing Fees
As per scheme selection
Loan Tenure
Up to 24 months
Foreclosure Charges
4% plus applicable taxes
Repayment Instrument Dishonour Charges
500/-
Hidden Charges
Nil

Here are some key benefits of availing of a Consumer Durable Loan:

  • Instant approval & quick disbursal
  • Flexible EMI options for every budget
  • Minimal documentation required
  • No hidden charges or prepayment penalties
     
  • Check Eligibility: Start by reviewing the eligibility to ensure you meet the basic criteria for age, income, and credit history. 
  • Select Product and Financing Plan: Visit one of our partner stores and select the item you wish to purchase. At checkout, select the EMI or financing option that is offered. 
  • Submit KYC Documents: Submit minimal documents, which usually include your digital Adhaar-based KYC and repayment mandate setup details 
  • Get Approval: Upon the swift verification of your documents and details, you’ll get loan approval. 

Examine the sanction letter and sign the digital agreement to authorise the automatic debits of EMIs from your bank account. The funds are then disbursed to the seller, and you can take your new product home. 
 

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

A Consumer Durable loan is a financing option for purchasing electronics, home appliances, gadget, and other white goods. It allows you to pay for your purchases in easy monthly instalments.

Please check the list of our enrolled dealership here.

Yes, you can utilize the sanctioned offer amount to purchase from the wide variety of consumer durable products as per the applicability of the scheme. 

There are no hidden charges, and the loan process is transparent. Any applicable fees or charges are communicated upfront.