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

Get a Quick Consumer Durable Loan

Bring home your favorite gadget, electronics, and appliances with a Consumer Durable Loan. From cutting-edge smartphone, state-of-the-art television, to essential home appliances, upgrade your lifestyle without burning your savings. Get a Consumer Durable Loan from Poonawalla Fincorp. Apply now to avail for Instant EMI Card and shop from our enrolled dealer network.

Why Choose Poonawalla Fincorp

100% Digital application 100% Digital application
Instant <br>approval Instant
approval
Wide network of dealers

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

Eligibility Criteria for Consumer Durable Loan

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

Documents Required for a Consumer Durable Loan

Submit just a few essential documents:

  • Digital Adhaar-based KYC
  • Repayment Mandate setup details

Interest Rate and Charges for Consumer Durable Loan

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

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

What is a Consumer Durable Loan?

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.

Where do I check the list of enrolled dealerships?

Please check the list of our enrolled dealership here.

Can I buy any product from the approved offer?

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. 

Are there any hidden charges?

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