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Elevate your lifestyle faster with our instant Consumer Durable Loans, designed to cover an extensive array of consumer durable products ranging from electronics like smartphones and laptops to household appliances such as air conditioners and refrigerators.
Enjoy up to 100% finance through our zero down payment loan feature. Even if you are a first-time borrower with no credit history, you can avail of a Consumer Durable Loan easily. Experience the freedom of paying EMIs with no additional charges on loans ranging from Rs. 10,000 to Rs. 1.5 lakhs. Benefit from swift loan approvals and flexible repayment periods spanning from 6 to 24 months. Additionally, you can efficiently plan your financial commitments with the help of our EMI calculator. Opt for our Consumer Durable Loans and transform your life into the one you’ve always envisioned.
| Schedule of Charges | Charges (inclusive of GST) |
|---|---|
| Processing Fees | Upto 10% |
| Penal Charges | 36% per annum on unpaid installment |
| Foreclosure Charges | 3% on principal outstanding for all interest-bearing schemes, Nil for non-interest-bearing schemes |
| Other Charges | |
| Bounce Charges | Rs.500 |
| Duplicate NDC/NOC Charges | Rs.250 |
Plan your finances right with TVS Credit’s EMI calculator. It’s easy to use, convenient and accurate. With the EMI calculator, you can get your estimated payable amount, processing fee and EMI instantly.
Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.
Indian
18 – 65 years*
Active
Salaried/Self-Employed
Check out the eligibility criteria to get a Consumer Durable Loan from TVS Credit.
You can get a Consumer Durable Loan to buy products online or from retail stores. It gives an option to the borrower to repay in EMIs for a defined tenure.
If you apply for a consumer durable loan of less than 5 lakhs, you can get the loan without any credit history. For loan amounts of more than 5 lakhs check out the eligibility criteria.
You can select the 6 – 24 months tenure for a Consumer Durable Loan.
If the borrower stops repaying the consumer durable loan amount, then their account goes into default. This may increase the penalties, interest charges, and more. Your CIBIL score will also be affected negatively.
To finance your electronics or home appliances purchase, you will need to submit your KYC documents to get a consumer durable loan.
Individuals who are salaried or self-employed can apply for a Consumer Durable Loan. Check out the detailed consumer durable loan eligibility criteria.
Select the product you are willing to buy and apply for a Consumer Durable Loans
You can apply for a consumer durable loan of fewer than 5 lakhs and enjoy no-cost EMI and other benefits.
You can borrow from Rs. 10k to Rs. 1.5 lakhs through TVS Credit's Consumer Durable Loan.
TVS Credit provides Consumer Durable Loans for first-time borrowers with no credit history. Check out the consumer durable loans eligibility criteria.
Here are the multiple benefits offered by TVS Credit’s consumer durable loans:
You can get the following products financed under consumer durable loans:
Refrigerator, Washing Machine, AC, LED TVs, Home Theatres, Laptops and more.
A home appliances loan is a loan given for financing the purchase the home appliances. This kind of loan comes under consumer durable loans. Apply for a loan with TVS Credit and purchase any home appliance of your choice without any hassle.
Buy home appliances on EMI and enjoy the following benefits on home appliances loans (Consumer Durable Loan) offered by TVS Credit:
The repayment tenure for a home appliances loan (Consumer Durable Loan) is from 6 – 24 months.
Yes, you can foreclose your home appliance loan (Consumer Durable Loan) at your convenience.
A refrigerator loan is a loan given for financing the purchase of a brand-new refrigerator. This kind of loan comes under consumer durable loans. Bring home a brand-new refrigerator and finance it with TVS Credit consumer durable loans.
Enjoy the following benefits on refrigerator loans (Consumer Durable Loan) offered by TVS Credit:
To finance your refrigerator purchase, you will need to submit your KYC documents to get a consumer-durable loan
An AC loan is a loan given for financing the purchase of a brand-new AC. This kind of loan comes under consumer durable loans. Apply today and get attractive benefits on AC loans with TVS Credit.
You can apply for a TV loan (Consumer Durable Loan) of fewer than 5 lakhs and enjoy no-cost EMI and other benefits.
Here are the following benefits of TV loans (Consumer Durable Loans) offered by TVS Credit:
To finance your television purchase, you will need to submit your KYC documents to get consumer durable loans.
You can get the mentioned products financed under consumer durable loans, namely - Refrigerator, Washing Machine, AC, LED TVs, Home Theatres, Laptops, and more.
Consumer Durable Loan is usually unsecured, though sometimes it may depend on the NBFC or bank offering the loans.
Yes, TVS Credit provides Consumer Durable Loans in Chennai. Not only Chennai we provide loans across states in India and other major cities as well like Mumbai, Delhi, Kolkata, Bengaluru, Hyderabad, etc.
