Today, everyone needs a laptop with a high processing speed and excellent graphics. Whether you use your laptop for business or pleasure, a quick, contemporary computer with adequate processing power is now required.
The problem here is that a nice laptop powered by cutting-edge technology is not cheap. A laptop with an i5 CPU costs roughly Rs. 40,000, while gaming laptops may cost as much as Rs. 1 lakh or more.
So, how can you afford a nice laptop if you’re strapped for cash? Should you put it off till you have enough money? The solution is that you can buy a laptop on EMI.
Yes, you read that correctly! It is now easier than ever to purchase gadgets and consumer durables on EMI. You may have your desired computer straight away if you buy a laptop on EMI. You may then return the laptop’s purchase price in monthly payments (EMIs) at your own speed.
Before we look at how to buy a laptop on EMI without a downpayment, let’s look at the different advantages of doing so.
Requirements for Laptop EMI without Downpayment
The qualifying conditions differ depending on the payment method you select. For example, if you choose the Bajaj Finserv EMI Network, you must complete the following requirements:
- You must be an USA citizen.
- You must be between the ages of 21 and 60.
- You must have a consistent source of revenue.
Other consumer durable loan providers may evaluate your credit score in addition to the usual eligibility requirements. Customers with a credit score of 630 or higher can easily qualify for consumer durable loans.
Simple Way to Buy Laptop Without Downpayment
You may buy your desired laptop on EMI with no down payment by choosing one of the various choices offered to consumers. We’ll go through some of the most common alternatives for clients.
- EMI Networks
- Online Consumer Durable Loan
- Online Market Places
Their are different EMi Network that’s offer loan accordingly . Bajaj Finserv is one of them.
Bajaj Finserv is India’s largest consumer durable loan provider. The firm has alliances with over 1 lakh retailers in over 1900 cities. This is the ideal option if you want to buy your laptop on EMI from a real store.
Let the sales clerk know that you want to pay for the EMI purchase through the Bajaj Finserv EMI network when you finish the transaction. If you currently have a Bajaj Finserv EMI network card, you do not need to supply any further documentation. If you do not already have one, you may quickly apply for one by submitting a few key KYC papers, recent passport-size photographs, a cancelled cheque, and an ECS mandate.
Online Consumer Durable Loan
Customers may get no-cost loans from numerous online consumer durable loan providers, including Upwards and Zest. To use this option, you must first choose a consumer durable loan provider. Create an account and activate your credit limit. The next step is to buy your laptop from one of the marketplaces with whom the loan provider has a partnership. Choose your loan provider as the payment option when checking out.
Your purchase is complete, and you may begin repaying the loan to your loan provider in the form of monthly EMIs for the duration of your choice.
Online Market Places
Their are too many Online market places That offers EMI , Like Apple, Amazon and Flipkart.
Both of these well-known online buying sites sell laptops on EMI. When checking out, choose the “Zero cost EMI” payment plan. When you select this payment option, you will be given a list of credit/debit cards from which to finish your transaction. Choose your chosen card, the tenure, and check out. The laptop will be mailed to you after your payment is authorised. The payments begins in the form of EMIs over the duration of your choice. Every month, the cash will be deducted straight from the card you provided.
What are Pro for buying Laptop on EMI. ?
Given the high cost of laptops, most buyers postpone their purchase until they can acquire the required funds. Alternatively, some customers will use their emergency money to make the transaction. When compared to both of these choices, purchasing a laptop on EMI offers a number of advantages. They are as follows:
- Flexible Payment Option
- Best Seasonal Offers Selection
- Save your Funds/Emergence funds