Loan Amount
Up to ₹5 Lakh
Interest Rate
Starting at 16%* p.a.
Loan Tenure
12 - 36 Months

EMI Calculator for Air Cooler on Loan

An EMI calculator provides an estimate of your monthly amount payable and the total interest you need to pay over the entire tenure. Use this simple calculator to estimate your monthly payments by entering the following:

  • Loan Amount

  • Interest Rate

  • Loan Tenure

Optimise Your Personal Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹ 50000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
16 %
36 %

Tenure

Months
12 Months
36 Months

Why Choose Poonawalla Fincorp

collateral icon Collateral-free
Loan
interest rate icon Competitive
Interest Rate
document icon Minimal
Documentation
EMI Icon Flexible
Tenure
Application icon Online
Application
charges icon Zero
Hidden Charges

How to Apply for an Instant Loan Online in Just 3 Steps

Step 1 of loan application: Click 'Apply Now' Fill out the online form to start your loan application.

Click on "Apply Now”

Tap the Apply Now button to initiate your application.

Step 2 of loan application: Upload Documents Provide your KYC documents to complete the verification.

Enter Details

Enter your DOB, PAN card number, monthly income, KYC details and residential details.

Step 3 of loan application: Get Funds Get the loan amount disbursed to your bank account.

Instant Disbursement

The loan amount will be credited to your bank account instantly.

Get exclusive offers thoughtfully customised just for you

For an Instant Loan, you need to provide a few essential documents. These documents include your PAN and Aadhaar card for identity and address verification. This minimal requirement will help you get your dream camera home instantly.

  • When you choose to purchase an air cooler on EMI, you have the option of purchasing several different types based on your requirements:

  • Desert Air Cooler: With its large water tank, honeycomb cooling pads, and high air volume, a desert air cooler works best in larger areas and at high temperatures.

  • Personal Air Coolers: A personal air cooler is smaller and best suited for small areas, such as bedrooms and studies.

  • Tower Air Cooler: Tower air coolers are very modern-looking and stylish, and come with adjustable fan settings to help control your desired cooling level.

  • Portable Air Coolers: Portable air coolers are easy to move and can cool other areas by relocating them between rooms.

  • Each type of portable air cooler has its own specific features. Therefore, it will be easier for you to choose an air cooler that meets your needs once you start looking at the available options. 

When purchasing an air cooler on EMI, you can choose from several trusted and popular brands in India. Some widely preferred air cooler brands include:

  • Symphony: Known for features such as i-Pure technology, honeycomb cooling pads, and energy-efficient designs that support effective cooling.

  • Bajaj: Offers a broad range of tower, desert, and personal air coolers designed for different room sizes and budgets.

  • Crompton: Popular for durable air coolers with strong airflow, large water tank capacities, and reliable cooling performance.

  • Havells: Provides stylish air coolers with modern features, including multiple speed settings, powerful airflow, and user-friendly controls.

There are several advantages to buying an air cooler on EMI:

  • No Large Upfront Payment: You do not have to pay the full price of the air cooler at purchase.

  • Budget-Friendly: Easy monthly instalments make the purchase more affordable and manageable.

  • Flexible EMI Options: You can choose a repayment tenure that suits your income and financial needs.

  • Access to Better Models: EMI options allow you to more comfortably choose higher-quality air coolers with advanced features.

  • Eco-Friendly Cooling: Compared to air conditioners, air coolers consume significantly less electricity, making them a more energy-efficient and environmentally friendly option.

Choosing the right air cooler is essential to ensure effective cooling and long-term performance. Before you make a purchase, consider these important factors:

  • Room Size and Capacity: When buying an air cooler, it is important to choose the right size for the space you want to cool and your overall cooling needs.

  • Cooling Pads and Technology: Honeycomb or advanced cooling pads retain more water and cool better than other types on the market today.

  • Tank Capacity and Water Tanks: A larger water tank will let you run the air cooler for longer before refilling.

  • Airflow and Fan Speed: Make sure to look for air coolers that provide strong airflow, multiple speeds, and consistent breeze delivery for comfort.

  • Energy Efficiency: When looking for energy-efficient air coolers, choose models with low energy consumption to help save you on your electricity bill.

  • Additional Features: Consider additional features like ice chambers, humidity control, & remote control operation.

  • Portability and Design: Many air cooler models available today feature wheels, making them easy to move from one room to another.

By using the right combination of these features and an EMI plan, you can have a cooler summer without any financial burden.

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

Frequently Asked Questions

Yes, you may purchase an air cooler on EMI using a personal loan without a credit card.

Poonawalla Fincorp offers personal loans of up to ₹5 Lakh, which may be used for purchasing an air cooler, subject to eligibility and lender policies.

Yes, air coolers use less electricity/energy than air conditioners; they are considered energy-efficient.

 

Desert air coolers are generally suitable for larger rooms because of their higher air delivery and larger water tank capacity.

Yes, you can purchase air coolers online using EMI options.

Yes, personal air coolers are suitable for smaller rooms and compact spaces.

Loan approval timelines depend on your eligibility, documentation, and credit profile.

You can choose from various well-known manufacturers when purchasing an air cooler on EMI.

Yes, buying an air cooler on EMI can help you manage your expenses more conveniently through affordable monthly instalments.

Yes, EMI options help make efficient cooling solutions like air coolers more affordable by dividing the total cost into convenient monthly instalments.