Buy Washing Machine on EMI
Buying the latest washing machine with full payment is not always feasible. Thanks to Poonawalla Fincorp’s Small Personal Loan that enables you to buy a washing machine on EMI. This loan comes with competitive interest rates and flexible EMIs that help manage your monthly budget. Read on to know how to get a washing machine on EMI, documents required, and loan application process.
How to Buy a Washing Machine on EMI Without a Credit Card?
You can buy a washing machine or any other electronics appliances with a Small Personal Loan by Poonawalla Fincorp. All you need to do is follow the steps mentioned below:
- Step 1: Click on 'Apply Now'.
- Step 2: Enter your phone number to generate an OTP.
- Step 3: Next, enter your PAN, email ID, employment type, and address.
- Step 4: Check your eligible loan offer; select the amount and tenure.
- Step 5: Click on ‘Apply for the Loan.’
- Step 6: Enter personal and KYC details.
- Step 7: Upload the required documents.
Post verification and approval, the loan will be disbursed directly to your bank account.
What are the Documents Required for Buying a Washing Machine on EMI?
The documents required are as follows:
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KYC Documents
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Current Address Proof
- KYC Documents: Aadhaar Card and PAN Card.
- Current Address Proof: Passport, utility bills, and rent agreement.
To Conclude
Whether you have a credit card or not, now you can get a washing machine at affordable monthly instalments. With a Small Personal Loan by Poonawalla Fincorp, experience the convenience of loan application process with minimal documents and fast approvals. Apply now!
Apply for Instant Small Personal Loan within 5 Minutes
Now you can get a Small personal loan with minimum efforts. Just follow the below simple 2-step process and get an instant Small Personal loan online without any delay.
Apply
Online
Apply Online
Click on Apply Now and enter all your required contact details.
Verification
Verification
Application will then proceed for verification and assessment
Frequently Asked Questions
Yes, you can easily buy a washing machine on EMI by taking a Personal Loan from Poonawalla Fincorp. You can also use this loan for purchasing other home appliances.
Buying a washing machine in instalments is usually considered a better option as it makes a large purchase possible and affordable for you with manageable monthly instalments.
The choice between the front load and top load depends on the user’s convenience and budget. Both satisfy the users differently. Front load machines are gentle with clothes and need less water and electricity consumption but are expensive. Top load machines on the other hand, take less time, allow to add clothes in mid cycle and are more affordable.
The average price of a new washing machine ranges between ₹10000 to ₹13000. It also depends on the type and model of the washing machine. For instance, front load washing machine comes with higher price as compared to top load machine. Apart from this, the average price also varies from one brand to another.
No, it is not compulsory to have a credit card for buying a washing machine on EMI. You can get the same with a Small Personal Loan with Poonawalla Fincorp.
*Terms & Conditions Apply
