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Tata Capital > Blog > Personal Use Loan > This Diwali, Finance your Big Purchases with A Personal Loan

Personal Use Loan

This Diwali, Finance your Big Purchases with A Personal Loan

This Diwali, Finance your Big Purchases with A Personal Loan

The festival of lights, Diwali, is celebrated with much pomp and delight across the country. But apart from the crackers and celebrations, Diwali brings another highlight to our tables – the joy of gifting. It's the perfect occasion to spoil yourself and your loved ones with a bit of festive shopping.

This Diwali, you can finance all your big-ticket purchases by availing yourself of the best personal loan offers. But why should you? Well, allow us to convince you!

But first, let’s shed some light on why you should go on a shopping spree this Diwali.

Why use personal finance to make big purchases this Diwali?

1. Festive season sale

Many e-commerce websites and brands announce festive season sales every Diwali. Most products on sale are available with beefy discounts and festive season offers. Just to put things into perspective, last Diwali season, Amazon and Flipkart did $3.5 billion of business in four days flat!

This is a direct result of massive concessions offered on their products during the sale. So if you have a phone, laptop, or any other pricey purchase to make, the Diwali sale is the right time.

2. Benefit from collateral-free loans

Most lenders offer large loan amounts for personal use without collateral! So, whip out all the big-ticket expenses you have been waiting all year to make and dig in.

Today, you can get a personal loan for shopping a big-ticket purchase like gym equipment, designer goods, or electronic appliances for home. Just make sure the loan amount matches your repayment capacity, so you can pay it back conveniently.

Additional Read: Personal Loan for Festive Shopping: Is it a Good Choice?

3. Quicker disbursal

Most financial institutions have simplified the loan disbursal process by providing online loan facilities. All you need to do is fill out the loan application and upload the necessary documents. You can get approved almost instantly and obtain the loan within 24 hours of the application. 

4. Repay over a flexible tenure

Are you worried that Diwali shopping is going to burn a hole in your pockets? Fret not! With a loan, you have no immediate financial obligation to pay the amount in a lump sum. In fact, you can repay the loan in comfortable monthly instalments over a tenure of your choice.

So, use a personal loan EMI calculator and craft a loan repayment plan according to your financial capacity.

5. Competitive interest rates

In the spirit of celebration, financial institutions slash their personal loan interest rates around Diwali season. So why miss out on such an opportunity? Make sure you take advantage of these attractive discounts on loan interest rates for making big purchases.

Additional Read: How Not to Fall Prey to Hidden Charges of Personal Loans?

To sum up

Diwali shopping has gradually become a part of the festival itself. If you need help financing your big-ticket purchases this Diwali, get in touch with Tata Capital. With our digital loan facilities, access instant funds at attractive interest rates and flexible repayment tenures.

So don’t think twice. Illuminate your Diwali season with gifts using Tata Capital’s personal loans!

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