Television on EMI

Are you planning to upgrade your old TV with a new and better model? Get a television loan to buy yourself the latest smart TV on EMI with the best features, without exhausting your savings. Purchasing TV on EMI helps to break down the expense into equal and smaller instalments making it a more convenient option.

The facility to buy a TV on EMI is offered to customers by various banks and Financing companies with flexibile EMI options. Also, there is no need for you have a credit card to buy a TV on EMI. So, check the details below and apply online to bring home the TV of your choice!

Interest Rates & Charges to Buy TV on EMI

Some lenders will offer zero interest charges or no-cost EMI when you buy a TV on EMI, however, others may cater it at a low interest rate. There could be additional payments such as processing fees, and late payments charges as well. Some of the general interest rates and charges asked by lenders for a television loan are as estimated below:

Loan Eligibility to Buy TV on EMI

The eligibility criteria are a set of requirements that you need to meet to get your loan TVs approved. The eligibility criteria are important for you to be aware of the basic requirements needed to get a loan for television purchase.

Below are some general eligibility requirements by loan lenders:

EMI Calculator for TV Loans

Calculate the estimated EMI amount before purchasing your smart TV on EMI using the online calculator given here. Enter your loan amount, interest rate and loan tenure to check the EMI for your personal loan.

You can also manually calculate your EMI using the formula:

EMI = [P x R x (1+R)^N] / [(1+R)^N – 1]

Here, P stands for the principal amount, R stands for interest rate and N stands for tenure.

Documents Required for Television Loan

To buy an LED TV on EMI online, you will need minimal documents for identity proof, address proof, income proof and more. Just provide the following documents to the bank or NBFC to get a TV on EMI:

Lenders Comparision to Buy TV on EMI

Lenders for TV loans tend to partner with the retailers to provide easy and affordable financing options. Select carefully to find the best repayment plan that suits your budget. Below is a list of various banks and NBFCs that provide television loan along with their interest rates:

Features & Benefits of TV Loan

Buying a brand new TV on EMI has many benefits along with flexible repayment options. These features and benefits are as follows:

Steps to Apply for TV Loan with Buddy Loan

Getting a new TV has become even easier with a TV loan from Buddy Loan. Just follow these simple steps and get an affordable EMI TV online:

Step 1: – Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).

Step 2: Open the Personal Loan Application Page. Provide the mobile number and enter the received OTP.

Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option

Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).

Step 5: Enter your work details (Including company name, years of service and Designation)

Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)

Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.