Loans have made many farfetched dreams a reality for the common man today. The increasing services of banks and finance companies in this sector have encouraged individuals to avail finance for their needs. The most common kind of loans availed in India are home loans, car loans and personal loans. Personal loan is a unique kind of financial aid given to consumers today to meet various needs which may either be luxury or necessity. Plenty of products related to personal loans like Bajaj finance consumer loan are available in the market.
Personal loans are used for reasons like taking a foreign vacation, planning a grand wedding, child education, home renovation and the likes. Consumer durable loans are a very popular kind of personal loan that individuals seek to avail now-a-days. As the name suggests consumer durable loans are taken by individuals to buy consumer durable products like television, music system, washing machines and the likes. The most appealing factor of this type of loan is that consumers can own an appliance they always wanted and pay off the amount in feasible EMIs. It has been really effective in reaching out to the needs of the middle class. There are many consumer durable loans available in the market and the amount of loan they provide varies from company to company. Mostly finance companies provide a loan of amount ranging from Rs.10, 000 to Rs.1, 00,000. However, some companies have raised the bar to a minimum of Rs.5, 000 and maximum amount of Rs.2, 00,000. The interest levied for such loans are also feasible to pay, however the interest percentage also varies from company to company. The maximum payback duration of this loan is of 5 years.
Amongst the various consumer loans in the market today Bajaj finance consumer loan seems most popular. Bajaj finance consumer loan offers an exciting scheme for individuals seeking loan to buy consumer durables. Their loan amount ranges from Rs. 7,500 to Rs. 5, 00,000. Their categories for the consumer durable include LCD/ LED/ Plasma TV, Air Conditioner, TV/ CTV, Washing Machine, Refrigerator/ Fridge, Microwave Oven and Home Theater System. This policy avails you flexible loan repayment options that range from 12 months to 30 months.
To avail the loan all you need to do is walk into one of their dealer partner outlets and select the product you want. The sales representatives will help you with the loan. You need to fill up an application form and provide the required documents. After loan is sanctioned you need to pay the initial down payment which is at least 17% to 33% of the product value. The balance can be repaid monthly by means of PDC/ ECS. Moreover, Bajaj finance consumer loan offers you a 0% EMI scheme where in the consumer is charged no interest on any product he/ she purchases.
This is an unsecured loan like the other personal loans offered. To find out more about the scheme you can fill in your details on the online form available on the site. You can also request a customer executive to call you back and give you details of the product. This will help you clear all your doubts and make an informed purchase.
Personal loans are used for reasons like taking a foreign vacation, planning a grand wedding, child education, home renovation and the likes. Consumer durable loans are a very popular kind of personal loan that individuals seek to avail now-a-days. As the name suggests consumer durable loans are taken by individuals to buy consumer durable products like television, music system, washing machines and the likes. The most appealing factor of this type of loan is that consumers can own an appliance they always wanted and pay off the amount in feasible EMIs. It has been really effective in reaching out to the needs of the middle class. There are many consumer durable loans available in the market and the amount of loan they provide varies from company to company. Mostly finance companies provide a loan of amount ranging from Rs.10, 000 to Rs.1, 00,000. However, some companies have raised the bar to a minimum of Rs.5, 000 and maximum amount of Rs.2, 00,000. The interest levied for such loans are also feasible to pay, however the interest percentage also varies from company to company. The maximum payback duration of this loan is of 5 years.
Amongst the various consumer loans in the market today Bajaj finance consumer loan seems most popular. Bajaj finance consumer loan offers an exciting scheme for individuals seeking loan to buy consumer durables. Their loan amount ranges from Rs. 7,500 to Rs. 5, 00,000. Their categories for the consumer durable include LCD/ LED/ Plasma TV, Air Conditioner, TV/ CTV, Washing Machine, Refrigerator/ Fridge, Microwave Oven and Home Theater System. This policy avails you flexible loan repayment options that range from 12 months to 30 months.
To avail the loan all you need to do is walk into one of their dealer partner outlets and select the product you want. The sales representatives will help you with the loan. You need to fill up an application form and provide the required documents. After loan is sanctioned you need to pay the initial down payment which is at least 17% to 33% of the product value. The balance can be repaid monthly by means of PDC/ ECS. Moreover, Bajaj finance consumer loan offers you a 0% EMI scheme where in the consumer is charged no interest on any product he/ she purchases.
This is an unsecured loan like the other personal loans offered. To find out more about the scheme you can fill in your details on the online form available on the site. You can also request a customer executive to call you back and give you details of the product. This will help you clear all your doubts and make an informed purchase.