How to Buy Mobile on EMI Without Credit Card: 3 Ways

Summary

In today's era of rapid technological advancement , smartphones have become essential in our daily lives. With frequent launches of new models, keeping pace with the latest devices can be challenging, especially for those with financial limitations.

In today's era of rapid technological advancement, smartphones have become essential in our daily lives. With frequent launches of new models, keeping pace with the latest devices can be challenging, especially for those with financial limitations. Fortunately, there are several methods to purchase mobiles on EMI without needing a credit card. Discover these options to stay connected affordably.

1. Personal Loans for Mobile Purchases

Consider taking out a personal loan specifically for buying a mobile phone. These loans offer flexible repayment options, helping you maintain financial stability. With numerous lenders, you can secure a loan that fits your financial needs.

2. EMI on Debit Cards

Major banks such as HDFC, ICICI, and Axis Bank provide EMI facilities on debit cards. Visiting partnered stores, you can learn about this option and enjoy the ease of paying for your mobile in manageable installments of your choice.

3. EMI Cards

EMI cards act as a pre-approved loan facility, allowing you to convert your purchase into affordable EMIs. Leading NBFCs provide this option for consumer durables and electronics, offering a hassle-free way to buy a mobile phone without a credit card.

Eligibility Criteria for Money View Personal Loans

Considering a Money View personal loan for mobile purchases requires meeting certain conditions:

Age: 21-57 years
Minimum monthly income: Rs. 13,500*
Income must be credited to a bank account
Minimum CIBIL/Experian score: 650

*Income and credit score requirements may vary.

Applying for an Instant Personal Loan

Check Eligibility: Enter required information to verify eligibility quickly.
Select Loan Tenure: Choose a loan amount and terms that suit your needs.
Upload Documents: Submit necessary documents for verification.
Amount Disbursal: Upon approval, receive the loan in your account within 24 hours.

Follow these simple steps to easily finance your mobile and enjoy the latest technology with ease.

Benefits of Money View Personal Loans for Mobile Purchases

Opting for Money View personal loans for buying a mobile on EMI without a credit card has numerous benefits. Here's why they are popular:

1. Flexibility of Loan Amount

Select any loan amount up to Rs. 10 lakhs, making it easy to purchase either a premium smartphone or a budget-friendly model.

2. 24-Hour Disbursement

Receive your loan amount promptly; once approved, funds are deposited in your bank within 24 hours, enabling swift mobile acquisition.

3. No Collateral Required

No need for collateral or a guarantor, simplifying the process for both salaried and self-employed individuals.

4. Competitive Interest Rates

Enjoy low rates starting at 1.33% per month, providing affordable mobile financing without financial strain.

5. Transparent and Paperless Process

Experience a seamless, paperless online application, document submission, and tracking, offering transparency and peace of mind.

Recognizing the importance of mobile devices today, Money View loans provide excellent options for financing your purchase, featuring flexible amounts, quick disbursement, low rates, and straightforward procedures.

Loan Eligibility Criteria and Application Process

To qualify for a Money View personal loan for a mobile on EMI, ensure you meet these eligibility criteria:

Age: 21-57 years old
Minimum Income: Rs. 13,500/month
Income Source: Direct bank account credit
Credit Score: 650+ CIBIL or Experian

For Salaried Individuals:

Minimum Income: Rs. 13,500
Credit Score: 650+ (CIBIL/Experian)

For Self-Employed Individuals:

Minimum Income: Rs. 15,000
Credit Score: 650+ (CIBIL/Experian)

Applying for a Loan

Check Eligibility: Confirm eligibility in just 2 minutes.
Select Loan Tenure: Choose your preferred loan amount and terms.
Upload Documents: Complete document verification.
Amount Disbursal: Receive funds within 24 hours post-verification.

Conclusion

With Money View personal loans, acquiring a mobile on EMI without a credit card is straightforward. Fulfill the simple criteria and enjoy quick, stress-free financing for mobile upgrades. Start your loan application today to own the latest device without financial worry.

*TDS: Tax Deducted at Source, KYC: Know Your Customer*