Finance Loan: How to get mobile phone on installments, Mobile phone loan companies, How to get mobile phone on installments with credit card, How to get mobile phone on installment from shop, How to buy mobile with Aadhar card?, Online without credit card How to buy mobile on installments, documents required to get phone on installments and interest on them.
Ever since the trend of e-commerce website has started, our life has become very easy. We can easily buy any product from these websites by getting cash or finance in installments. Then why not be it a laptop, TV or even a mobile phone. You can buy mobile phone of any company on online installments from these websites.
How to Finance loan for taking Mobile Phone on installments?
People need to get loan or finance for mobile only when they have budget constraints or they want to buy mobile phone in installments from their small savings. Through the online website, any company.
For example: – whether to take Samsung mobile on installments or to finance Vivo mobile, the facility is available for all.
Main points of the article:
- How to get mobile on online installments (EMI)?
- How to get mobile phone on installments with credit card?
- Mobile phone loan companies.
- How much interest will have to be paid for taking mobile phone in installments?
- How to get mobile phone on installments without credit card?
- Documents for purchase of mobile phone on installments from the shop.
- how to buy mobile on installments online without credit card
- How to buy mobile with Aadhar card?
How to get mobile on online installments (EMI)?
In today’s era, there are many such finance loan companies that provide the facility of loan finance for any product or mobile phone. Then why that loan, even if it is a mobile phone. We can buy mobile phone finance on monthly installment by taking loan from these finance loan companies. We also have to pay a certain percentage of interest along with each installment, which is added to the monthly installment itself. If due to some reason we are not able to pay any installment on time, then next time we have to pay two installments together along with a small penalty fee.
You need a credit card to get a mobile phone on online installments. If you do not have a credit card, you will not be able to buy a mobile phone on installments online. For this you have to buy mobile phone on offline installments which you can buy from any store. Its information will be found in the article below.
How to get mobile phone on installments with credit card?
With the help of credit card, you can easily buy any product online. Nowadays, credit card to mobile phone is available on installments on almost all e-commerce websites.
- First you have to go to the e-commerce website.
- Find the phone of your choice.
- For example I want to take Samsung mobile on installments.
- So I’ll search Samsung Mobile.
- Select the mobile phone you want to buy.
- After this you have to choose the option of EMI.
- Select the company whose credit card you use.
- Select the number of installments in which you want to take the mobile phone.
- After this, make sure that the total amount you will have to pay including interest.
- Complete the payment process. After this, every month you will start deducting as much money from your credit card as you have tied the installment.
You have been able to take the mobile phone of any company on installments, whether it is Samsung or Vivo mobile finance.
Mobile phone loan companies:
Every finance company also charges a fixed interest for the purchase of any phone or product. Every company’s interest rate is different. In the chart below, we have given the names of mobile finance companies and the interest charged by them so that we can calculate the additional amount paid by us as interest before buying a mobile phone.
| Mobile loan company | Mobile interest rate |
|---|---|
| Kotak bank | 12% |
| Axis bank | 12% |
| HDFC bank | 13% |
| ICICI bank | 13% |
| SBI bank | 14% |
How much interest will have to be paid for taking mobile phone in installments?
Suppose you have taken a Samsung mobile phone on installments which is worth 10 thousand rupees, and you have taken it on one year EMI at 12% interest, then you have to pay a total of Rs.11200. That is, you will have to pay 1200 rupees as interest.
Now if you talk about interest per month, you will have to pay Rs.100 per month as interest. And the installment that will be made of you will be Rs.933. Accordingly, you will have to pay an additional Rs.100 as interest per month and pay a total of Rs.11200, which is Rs.933 according to the monthly installment. That is, you will have to pay an additional 1200 as interest on one year’s finance.
How to get mobile phone on installments without credit card?
There are many people who do not have a credit card. He can also buy mobile phone on installments without credit card directly from the shop. Today, there are many shops and stores in the market that sell mobile phones on installments even without a credit card. You can easily buy mobile phones on installments from these stores. ECS (Electronic Clearance System) is used to buy mobile phones on installments from the shop. You need certain documents to get mobile phone on installments from the shop. Which is as follows.
Documents to buy mobile phone on installments from the shop:
If you want to buy mobile phone on installments directly from the shop or store, then you must have these documents, otherwise you will not be able to buy the phone on installments.
- passport size photo
- Photocopy of bank passbook
- cancel check
- Aadhar card
Interest is also charged in taking mobile phone kits from the shop, this interest can range from 12 to 15 percent. You should keep paying the installments on time. If for any reason there is a delay in depositing the installment, then you may have to pay a penalty. So keep depositing the installments on time.
How to buy mobile online without credit card?
If you do not have a credit card and there is no such store near you that sells EMI mobile phone then there is another option for you. That option is to take mobile phone installments from Aadhar card. Yes, you can buy mobile phone on installments online through Aadhar card. To buy on mobile installments from Aadhar card, you will need some documents which are as follows.
- Aadhar card
- pan card
- bank details
How to buy mobile on installments with Aadhar card?
Emibaba is a website from where you can buy mobile phone on installments online with the help of Aadhar card and pan card. To buy mobile on installments from Aadhar card, you have to first visit Emibaba.com. You can take this website not only mobile but also MOBILES, LAPTOPS, LED TV, PRINTERS, WATCHES, MONITOR, KEYBOARD, MOUSE, AC, CAMERA etc. products on installments.
- As soon as you open the website, you will get to see many categories here.
- You click on the category of mobile phone.
- After this, choose the company whose mobile you want to buy.
- Here you will find all the company’s mobiles and their models.
- Click on the mobile you want to buy.
- Here you will get complete information about all the features and price of that mobile.
- Before buying the mobile on installments, click on CHECK EMI DETAIL.
Here you will get complete information about his installments. If you want to take mobile then you click on BUY ON EMI.
Now in the page that will open, you have to continue your purchase by clicking on PROCEED TO CHECKOUT.
Now a profile page will open in front of you, in which you will have to create your complete profile and choose the option of payment.
After creating the profile, select the option of Zestmoney in the payment option and click on PLACE ORDER. See in image below.
After this, select the option of how many installments you want to buy mobile and click on SAVE AND CONTINUE.
After this an OTP will come on your mobile which you will have to verify. (OTP will come on your mobile number which number will be linked with Aadhar card)
- After this you have to save by entering your date of birth.
- After that you have to enter your address and click on CONTINUE.
- After this you have to fill your Aadhar card and PAN card number and click on CONTINUE.
- In the next page, you will be asked for your bank details, which you have to fill and save.
- You have to upload the scanned copy of bank documents, Aadhar card, PAN card.
On the next page, you have to download the PDF copy of a document, and read that copy thoroughly, in this you will get information about interest rate etc.
After this you have to click on I ACCEPT.
In the next page of which you have to accept the terms & condition.
As soon as you click on ACCEPT, you will get another OTP, after verifying which your order will be placed. And the product will be sent to your Aadhar card address.
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FAQs:
Q1. How to get mobile on online installments (EMI)?
Ans: You can buy mobile phones on installments from any e-commerce website. You must have a credit card for this.
Q2. I don’t have credit card how to buy mobile on installments?
Ans: Today there are many shops or stores that sell mobile phones on installments. You can go there and buy mobile phones on installments.
Q3. Documents to buy mobile phone on installments from the shop?
Ans: Bank passbook, Aadhar card and PAN card are required to buy phone in installments from any shop.
Q4. Which are the loan companies for mobile phones?
Ans: Kotak bank, Axis bank, HDFC bank, ICICI bank, SBI bank finance mobile loans at reasonable interest.
Q5. How much interest will have to be paid for taking mobile phone in installments?
Ans: The interest rate of every bank is different. Generally ranging from 12% to 15%.
Q6. How to get mobile phone on installments without credit card?
Ans: If you do not have a credit card, you can take a phone installment from EMIBABA through Aadhar card.
Q7. How to buy mobile with Aadhar card?
Ans: To buy mobile phone with Aadhar card you have to visit EMIBABA from where you can take mobile instalments on Aadhar card through zestmoney.
Conclusion:
In this article, you have been given information about getting mobile phone on credit card and installments without credit card. If you want, you can also buy mobile on installments with Aadhar card. You can take the mobile phone EMI from that option whichever suits you. And to avoid any penalty, keep paying the installments on time, and before buying a mobile on installments, it is very important to read and understand its terms and conditions very well.
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