Buy Electronics on EMI
Technology is evolving rapidly. The latest electronics have better features and designs and cater to consumers who want to minimise their carbon footprint. If you too want to upgrade your laptop, smartphone, or home appliances - buy these electronics on EMI with a Small Personal Loan from Poonawalla Fincorp. Read on to know how to apply, benefits, eligibility criteria, and documents required.
How to Buy Electronics on EMI Without a Credit Card?
You can buy electronics on EMI with a Small Personal Loan from Poonawalla Fincorp without using a credit card. Follow the steps mentioned below:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
- On successful verification, the loan amount will be disbursed into your bank account instantly.
Benefits of Buying Electronics on EMI?
- Higher Loan Amount: With Poonawalla Fincorp Small Personal Loan, you can secure up to ₹5 Lakh.
- Easy and Quick Processing: With digitalisation, the application process has become more convenient.
- Affordable: Buying an electronic on EMI divides the total cost into multiple equal monthly payments, letting you purchase a gadget of your choice without straining your pockets.
- Minimal Documentation: Applying for a loan has become easy; it requires only a few documents, such as KYC documents – PAN Card, Aadhaar Card and your current address.
- Flexible Repayment Tenure: A Small Personal Loan from Poonawalla Fincorp allows you to tailor your repayment window in 12 to 36 months.
Documents Required for a Small Personal Loan
To buy electronics on EMI with a Small Personal Loan, you require the following documents:
-
KYC documents
-
Current proof of address
- KYC Documents: You must submit documents, such as PAN Card and Aadhaar Card details.
- Current Address Proof: Passport, utility bills, and rental agreement.
Eligibility Criteria of Small Personal Loan
A small Personal Loan from Poonawalla Fincorp has a simple eligibility criteria:
Age
Citizenship
Anuual Income
CIBIL Score
- Age: The applicant must be between 25 and 55 years.
- Citizenship: Applicant must be an Indian citizen.
- Annual Income: The applicant’s annual household income must be at least ₹3 Lakh.
- CIBIL Score: The CIBIL score of the applicant must be 750 and above.
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
To Conclude
Purchasing the latest gadgets with full payment can burden your bank balance. Instead, when you buy an electronic on EMI, it provides multiple benefits and reduces financial stress. With Poonawalla Fincorp, you can avail yourself of a Small Personal Loan with a higher loan amount, flexible repayment tenure and lower interest rates. So why wait? Apply now!
Frequently Asked Questions
When you buy electronics online on EMI, you can enjoy the following benefits:
- Higher loan amount.
- Lower interest rates, subject to your credit score.
- Flexible repayment period.
- Minimal documentation.
- Quick and easy application process and disbursal.
Yes, you can get home appliances on EMI. Apply for a Small Personal Loan offered by Poonawalla Fincorp.
Buying an electronic on EMI will not affect your credit score if you make your credit card payments on time. If you miss a payment, it can reflect your credit score.
*Terms & Conditions Apply
