Why Buy an iPhone on EMI?
Getting an iPhone is a dream for many. Its smooth interface, high-resolution cameras, and sleek design makes it the most sough-after mobile phones. But an iPhone do come with a hefty price tag. Thankfully, you can buy an iPhone on EMI with a Small Personal Loan offered by Poonawalla Fincorp. How does that work? Read on to know!
How to Buy an iPhone on EMI Without a Credit Card?
Buying an iPhone on EMI is now really simple. Just apply for a Personal Loan offered by Poonawalla Fincorp with the help of the following steps:
- 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.
After successful verification and approval, the loan amount will be disbursed to your bank account.
Benefits of Buying an iPhone on EMI?
Here are 5 benefits of buying an iPhone on EMI
- Affordable: Buying an iPhone on EMI divides the total cost into multiple equal monthly payments, letting you purchase an iPhone without straining your pockets.
- Higher Loan Amount: With Poonawalla Fincorp Small Personal Loan, you can secure loan amounts up to ₹5 Lakh.
- Minimal Documentation: It requires only a few documents, such as KYC documents – PAN Card, Aadhar Card and your current address.
- Quick Process: With digitalisation, the application process has become more convenient and faster.
- Flexible Repayment Tenure: A Small Personal Loan from Poonawalla Fincorp allows you to tailor your repayment window in 12 to 36 months.
Apply for Small Instant 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
Buying an iPhone on EMI could help manage your monthly expenses. A Small Personal Loan from Poonawalla Fincorp with minimal documentation, flexible repayment tenure, and quick disbursal could help you get your hands on the latest iPhone without straining your pockets. Don’t wait, apply for a Small Personal Loan now!
Frequently Asked Questions on iPhone on EMI
Buying an iPhone on EMI helps you to cover the iPhone’s cost without straining your monthly budget. It allows you to pay for it slowly in equated monthly instalments and lets you manage your financial health in a better way.
No, purchasing a phone on EMI does not affect your credit score. However, if you miss paying even a single instalment, it can affect your credit score. So, always ensure that you clear your EMI payments on time.
A score of 750 and above is usually considered good by lenders. It can help you buy a mobile phone on EMI through a Personal Loan without hassle.
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