Get the Tata Capital App to apply for Loans & manage your account. Download Now


Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Tata Capital > Blog > Capital Goods Loan > Buying a Refurbished Laptop on EMI? Here’s What You Need to Know

Capital Goods Loan

Buying a Refurbished Laptop on EMI? Here’s What You Need to Know

Buying a Refurbished Laptop on EMI? Here’s What You Need to Know

New laptops, especially those with top-notch features, can demand a hefty sum, ranging from tens of thousands to over a lakh of rupees. These devices, while powerful, can also put a significant dent in your budget.

So, what's the savvy solution when you need an excellent laptop without breaking the bank? The answer lies in the world of refurbished laptops and the flexibility of EMI (Equated Monthly Installment) plans. In this article, we'll guide you through the process of acquiring a refurbished laptop on EMI and why it's a smart financial move.

Refurbished Laptop Meaning

A refurbished laptop is a laptop that has been pre-owned, returned or used for a brief period, and has undergone a thorough inspection and restoration process to ensure it functions like new. Refurbishing a laptop is not a hasty touch-up job; it's a meticulous process designed to bring a laptop back to its prime condition. Here are the key steps involved:

Inspection: Expert technicians examine the laptop for any defects or issues, both internal and external. This includes assessing the screen, keyboard, ports and internal components.

Repairs: If any issues are identified, they are promptly repaired or replaced with genuine parts. This ensures that the laptop operates flawlessly.

Cleaning and Sanitisation: Refurbished laptops undergo a comprehensive cleaning process to remove dust, grime and any previous user's data, ensuring it's safe and hygienic for you.

Testing: The laptop is rigorously tested to ensure it meets the manufacturer's specifications. This includes checking the performance, battery life and all essential functions.

Advantages of Having a Laptop that is Refurbished

Why should you consider buying refurbished laptop? This section will shed light on the compelling advantages of having a laptop that is refurbished.

Cost-Effective Solution

The most prominent advantage of purchasing a refurbished laptop is the significant cost savings it offers. Here's how it works:

Imagine you have your eye on a particular laptop model, brand new, with all the latest features. The price tag, however, might make you hesitate. Now, consider the same laptop as a refurbished unit. It could be priced at a fraction of the cost of a brand-new one. This means you get access to high-quality computing power without emptying your wallet.

Environmental Benefits

In an era where sustainability matters, opting for a refurbished laptop is a responsible choice. By choosing a refurbished device, you are essentially recycling and extending the life of a product that might otherwise end up as electronic waste.

Manufacturing electronics consumes valuable resources, including minerals and energy. By purchasing a refurbished laptop, you contribute to reducing the demand for new devices and the associated environmental impact. It's a small yet meaningful step towards a greener planet.

Quality Assurance and Warranty

A common concern when buying refurbished items is the fear of receiving a subpar product. However, reputable sellers ensure that refurbished laptops undergo rigorous quality checks. They often come with warranties that provide peace of mind.

These warranties typically cover essential components, ensuring that if any issues arise, they will be addressed promptly. It's an assurance that your investment is protected, and you'll have a laptop that performs reliably.

Access to Premium Features

Refurbished laptops can offer access to premium features and specifications that might be beyond your budget when buying new ones. You might find laptops with faster processors, more memory or higher-resolution displays at a price you can afford.

Whether you're a student looking for a laptop for online learning, a professional in need of a workhorse for tasks, or a creative individual pursuing your passions, a refurbished laptop can provide the performance you require.

Buying a Refurbished Laptop on EMI

Now that you appreciate the advantages of choosing a refurbished laptop, let's dive into the practical aspects of acquiring one through an EMI plan.

Selecting Your Refurbished Laptop

The journey begins with selecting the right laptop that suits your needs. Consider factors such as the purpose of the laptop, your budget and the specifications you require. Refurbished laptops come in a variety of configurations, so take your time to find the perfect match.

Documentation Required for EMI

When opting for EMI, there's a need for some essential documentation. This typically includes:

Identity Proof: A valid government-issued ID, like Aadhar card or passport.

Address Proof: A document that verifies your residential address.

Income Proof: To assess your repayment capability, you might be required to provide proof of income, such as salary slips or bank statements.

Make sure to have these documents ready, as they are necessary to initiate the EMI process.

EMI Financing Options with TATA Capital

TATA Capital, with its expertise in commercial finance, offers attractive EMI financing options for refurbished laptops. They understand the importance of flexible payment plans, making it easier for you to acquire the laptop you desire without straining your finances.

Their EMI plans often come with competitive interest rates and various tenures, allowing you to choose a plan that aligns with your budget and preferences.

Applying for EMI

Applying for EMI is usually a straightforward process. Once you've selected your refurbished laptop and gathered the required documentation, you can approach TATA Capital or their authorised partners to initiate the EMI application.

During the application process, you'll provide your details, choose the EMI plan that suits you and complete any necessary paperwork. TATA Capital's efficient team will guide you through this process, ensuring a hassle-free experience.

Enjoying Your Refurbished Laptop

Once your EMI application is approved, you're well on your way to owning a high-quality refurbished laptop without the need for a substantial upfront payment. You can now enjoy the benefits of modern computing without straining your finances.


With quality assurance and warranty coverage, the reliability of refurbished laptops is well-established. In addition, the flexibility of EMI makes it convenient to acquire the laptop you need without straining your finances.

If you're ready to make a smart financial move and acquire a high-quality refurbished laptop on EMI, check out TATA Capital's Personal Loan. Discover the financing options that align with your needs and budget.

Leave a Reply

Your email address will not be published. Required fields are marked *