Consumer Loan

Finance Your Purchases with Easy EMIs

Buy electronics, appliances, furniture, and more without upfront payment. Instant approval at point of sale with flexible repayment options.

Apply for Consumer Loan
💰
Loan Amount
Up to ₹5 Lakhs
📅
Tenure
3 – 36 Months
Approval
Instant / Same Day
🛒
Purchase Type
Any Category

Consumer Loan — Buy Now, Pay Easily

A consumer loan (also called a consumer durable loan) is a short-to-medium-term loan that lets you purchase consumer goods — electronics, home appliances, furniture, medical equipment, and more — without paying the full amount upfront. You repay the purchase price in simple, affordable monthly installments (EMIs).

What Can You Finance?

  • Smartphones, laptops, tablets, and electronics
  • Home appliances — refrigerators, washing machines, ACs
  • Furniture and interior furnishings
  • Medical equipment and healthcare devices
  • Musical instruments and hobby equipment
  • Sports and fitness equipment
  • Educational devices and tools

Benefits of Consumer Loan from Explicit Finance

  • Instant approval — often within minutes at point of sale
  • Flexible tenures from 3 to 36 months
  • Competitive interest rates — 0% processing fee offers available
  • Simple eligibility — salary slip or business income proof
  • Available for salaried and self-employed individuals

🛒 Easy Purchase: Present your Aadhaar and PAN at the store or apply online, and walk out with your purchase same day!

Eligibility

  • Age 21–60 years
  • Salaried: minimum monthly income ₹12,000
  • Self-employed: minimum annual income ₹1.8 Lakhs
  • CIBIL score of 600+ preferred

Documents Required

  • PAN Card
  • Aadhaar Card
  • Latest salary slip / income proof
  • Passport-size photograph

Apply for Consumer Loan

Finance any consumer purchase with easy monthly EMIs.

Max Amount₹5 Lakhs
Tenure3–36 Months
ApprovalInstant
CollateralNot Required
Apply Now →

Ready to Buy? Get Instant Finance!

Apply online or at the store. Walk out with your purchase today.