Modern-day life is hectic. There are a ton of things that you may have to manage in daily life right from managing your work, home, kids, hobbies, and so on. Any gadget which can ease your daily chores and save time would be most welcome. Consumer durables are just meant for this purpose.
A personal loan can be easily availed for buying any consumer durables according to your needs. Some of the features and benefits are
Personal loans are extremely easy to avail, with both online and offline options available for availing a loan. Online loans are more quicker which can help you purchase a consumer durable easily.
Documentation needs for a personal loan are low. The only documents you would require are KYC documents like Identity and Address proof with a proof of your income/bank statements.
There is no need of collateral/security to avail a personal loan to buy a consumer durable with a personal loan. So you need not worry about arranging security to buy a home appliance/ consumer durable.
Personal loans from online personal loan lenders like Money View allow flexible repayment tenures ranging between 6months to 5 years. You could choose any that suits you the best.
There are many EMI schemes available for the purchase of consumer durables, where you may need to produce your proof of purchase or the invoice. But with a personal loan, there is no such requirement.
When you avail a personal loan, you have the freedom to buy the consumer durable with any vendor you wish. This may not be possible with other forms of financing.
Consumer durables can be anything that makes your life easy or pleasant. The cost of the consumer durables can range anywhere between a few thousand to lakhs of rupees depending upon your preferences. Moreover, these are durables and not replaced very frequently so it makes sense to go in for a good quality one. Some of the popular consumer durables being:
Whether you are setting up a new home or looking to upgrade/replace your existing home appliances/electronic gadgets, would require you to plan and save for a few months as these durables can get quite expensive to buy.
Funding is easily available for purchasing consumer durables. They can be either purchased using the EMI offers extended by the dealers or easy personal loans like the ones from Money View. Banks and some NBFCs may also provide loans for the purchase of consumer durable goods.
Money View personal loans bring with them some amazing features and benefits that make your experience of availing a loan for the purchase of consumer durables a delightful one.
Some of the features that make it the best and easiest personal loan for consumer durables are:
Our eligibility check process takes just 2 mins to let you know your loan eligibility. This requires submission of just a few details and saves you the hassle of doing complicated calculations to estimate how much loan you can get on your salary or income.
You can decide your loan amount anywhere between Rs. 5,000 and Rs. 5,00,000. We just let you know your eligibility; the freedom to choose your loan amount is completely yours.
MoneyView lets you be in charge of your finances. So you can decide your repayment tenure. We allow longer repayment tenures that can go up to 60 months.
The loan amount is disbursed to your account in 2 HOURS of approval. This saves you the hassles of making repeated calls or sending emails to check about the disbursement status.
Benefit from pocket-friendly interest rates starting from 1.33% per month as we understand the effect of high-interest rates on your monthly budget.
From documentation to repayment, the entire process is done digitally. You can easily forget about submitting photocopies of your documents and making multiple trips to the bank to do so. Enjoy the experience of a completely online loan for consumer durable.
We have developed advanced credit scoring models that rate your creditworthiness based on many other data points. So, you can get personal loans even on a low credit score. However, you should have a minimum CIBIL score of 600 or an Experian Score of 650.
We are sure the benefits and features of our personal loan have got you excited and you are looking at how you could apply for a consumer durable loan. We have got you covered. Our application and disbursal process is extremely user-friendly. Learn more about it here:
Find out the maximum loan amount you’re eligible for online in 2 minutes
Choose a custom loan amount and the repayment period that suits your financial needs
Provide your personal details and upload the necessary documents, all on the app or website
Get the loan amount disbursed to your account in 2 hours of approval.
So you need not delay your purchase of a consumer durable anymore for lack of funds. Apply for an online personal loan from Money View today. Download our loan app right away.
Do you need more information on our loans or need any assistance in applying for a loan to buy consumer durables of your choice, please write to us at loans@moneyview.in or call us at 080 4569 2002
