Purchase a Smartphone on EMI
Upgrade your smartphone and experience cutting-edge technology without worrying about paying the full amount upfront. Get an Instant Loan from Poonawalla Fincorp of up to ₹5 Lakh to buy a smartphone on EMI. Spread the cost over several months and make your purchase more affordable to suit your monthly budget. Enjoy the benefit of minimal documentation, high loan amount, flexible repayment tenure and no hidden charges.
Why Choose Poonawalla Fincorp
Instant Loan EMI Calculator
Calculate your monthly repayments using our EMI calculator. Enter the loan amount, interest rate, and loan tenure to calculate your loan EMIs. Calculate now!
Eligibility Criteria for an Instant Loan
Fulfil the following eligibility criteria to get an Instant Loan:
- Age: Between 25 and 55 years.
- Citizenship: Indian.
- Annual Income: At least ₹3 Lakh.
- Credit Score: 750 and above.
Documents Required for an Instant Loan
Submit just a few essential documents:
- KYC Documents: Aadhaar Card and PAN Card.
Interest Rate and Charges for an Instant Loan
We offer an Instant Loan with competitive interest rate and nominal charges:
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Benefits of a Smartphone on EMI
- Easy on Pocket: Purchasing a full-price phone can take your monthly budget out of track. Instead, when you buy it on EMI, you can purchase your mobile with ease.
- Best Phone at an Affordable Rate: Getting a phone with better specifications can be expensive. However, when you pay a small monthly fee, the phone becomes more affordable.
- Flexible EMIs: With flexible EMI options, you can select a repayment tenure that fits in your budget, ranging from a few months to a couple of years.
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Yes, you can easily buy an Android or IOS mobile phone with a Poonawalla Fincorp’s Instant Loan up to ₹5 Lakh.
To buy a smartphone on EMI with an Instant Loan from Poonawalla Fincorp, you need to provide KYC details (Aadhaar Card, and PAN Card) and proof of current address (passport, utility bills, etc).
Yes, timely repayment of a phone EMI loan can positively impact your credit score, and late or missed payments can negatively impact your credit score.