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Consumer Durable Loan

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Consumer Durable Loan

Loans to buy home appliances for a hassle-free life

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Consumer Durable Loan FAQs

Overview

Eligibility & Documentation

Fees & Charges

Products on EMI

FAQs

Getting Started

What is a Consumer Durable Loan?

A consumer durable loan is a financing option made available to the consumer to purchase items such as

Mobile Phones, Cameras, Tablet, DSLR, Audio Devices,
Household Products such as Fridges, Washing Machine, Microwave, Kitchen Appliances,
Laptop, Projector, etc

Consumer Durable Loan helps to purchase the items in easy EMI option.

What are some of the products covered by Consumer Durable Loans?

We offer Consumer Durable Loans for wide-range of products. Here are some of the products that are now within your reach:

Digital Products: Mobile phones, laptops, tablets, smart watches etc.
Health Products: Laser treatment, financing knee replacement, cosmetic surgery and more.
Lifestyle Products: Travel loan, Merchandise loan.

Will I be charged a penalty if I foreclose my Consumer Durable Loan account?

There are no penalty charges for foreclosure of the Consumer Durable loan account.

What is the maximum amount that I can get as a Consumer Durable Loan?

We offer consumer durable loans up to ₹ 5,00,000.

Who can apply for a consumer durable loan with Tata Capital?

Salaried and self-employed individuals in the age group of 21 to 60 & 21 to 65 years respectively can apply for the consumer durable loan.

Why should I take a Consumer Durable Loan from Tata Capital?

With Tata Capital Consumer Durable Loans, the life you always wanted is just a few clicks away. Upgrade your lifestyle with the giant television set or, you can also buy yourself a fancy furniture for your living room. Here are some more reasons why we are the right match for you:

We give you instant online approval
We don't ask for any security for the Consumer Durable Loan
We are completely digital with minimum paperwork
We let you decide how and when you want to repay the loan
We offer you competitive interest rates
We offer loans up to ₹ 5 lakhs.

What are the documents required for a Consumer Durable Loan?

We need your primary and KYC documentation -

Identity and Residential Proof
Cancelled cheque
Latest passport size photograph
ECS mandate duly signed
One security cheque (favouring TCFSL, mention the full loan amount, do not enter any date).

Eligibility

Am I eligible for a Consumer Durable Loan?

Criteria	Salaried	Self Employed
Minimum Age Limit	21 years	21 years
Maximum Age Limit	60 years	65 years
Minimum Loan Amount	₹ 10,000*	₹ 10,000*
Maximum Loan Amount	₹ 5 lakhs	₹ 5 lakhs
Minimum Tenure	6 months	6 months
Maximum Tenure	24 months	24 months

Loan Details (Amount & Tenure)

How much EMI do I need to pay?

Your EMI depends on the loan amount and the defined tenure.

What is the maximum amount can I take through a Consumer Durable Loan?

You can take up to ₹ 5 lakhs.

Will I be charged a penalty if I foreclose my Consumer Durable Loan account?

No, we don’t charge any penalty for foreclosure.

How long can I take to repay the loan?

You can take up to 24 months to repay your Consumer Durable Loan.

What are the available mode of repayment?

Auto Debit /ECS Facility:

You can repay your loan through ECS or Auto Debit from your bank account. All you have to do is fill up a form and allow us to activate the bank mandate.

PDC Facility:

You can also provide us with post-dated cheques **** towards the repayment. However, you may be charged a small fee for the same.

**** Cheque should be MICR or local clearing.

In case you wish to swap the cheques or bank mandate from which the repayment will be done, then you or your representative (with an authority letter) would have to visit the branch. Swapping charges would be applicable.

Flexible EMI Plans

We offer flexible EMI plans to make your repayment easy and convenient.

Know How It Works

Make your aspirations a reality with our Consumer Durable Loan. All you have to do is fill out a simple form, which takes less than 10 minutes. If you have biometric details, you don’t even have to upload any documents. We offer on-the-spot approval.

Know How To Apply

Phone

Got a question? Call us on 1860 267 6060 (customer care number) between 10 am to 8 pm. You can request a call back too.

Branch

Walk into your nearest branch and apply for a Consumer Durable Loan.

Find the right loan for you

Don’t let finances keep you from bringing your dream smartphone home. Get quick and easy Tata Capital Consumer Durable Loans and fund your brand-new phone purchase seamlessly.

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Mobile on EMI

Take your photography experience to the next level with the most advanced cameras on the market. And with Tata Capital Consumer Durable Loans, you don’t have to worry about the finances. Purchase the latest cameras using our Consumer Durable Loans and breathe new life into your images.

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Camera on EMI

Purchase the latest laptops on the market with Tata Capital’s Consumer Durable Loans. Upgrade your professional lifestyle instantly with quick loan approvals and flexible EMI options at Tata Capital.

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Laptop on EMI

Eyeing the latest electronic gadgets but high price tags holding you back? Tata Capital Consumer Durable Loans help you own modern gadgets and bring them home in no time.

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Electronics on EMI

Looking to bring the latest appliances home? Tata Capital makes it easy to own modern appliances without leaving a dent in your savings. Choose our Consumer Durable Loan to get closer to the lifestyle you desire.

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Home Appliances on EMI

Upgrade your lifestyle and refresh your daily entertainment experience with the best televisions on the market. Tata Capital makes it happen for you, in no time. Choose our Consumer Durable Loans for quick funding and flexible repayment options.

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Consumer Durable Loan FAQs

Getting Started

Eligibility

Loan Details (Amount & Tenure)

Flexible EMI Plans

Know How It Works

Know How To Apply

Getting Started

What is a Consumer Durable Loan?

What are some of the products covered by Consumer Durable Loans?

Will I be charged a penalty if I foreclose my Consumer Durable Loan account?

What is the maximum amount that I can get as a Consumer Durable Loan?

Who can apply for a consumer durable loan with Tata Capital?

Why should I take a Consumer Durable Loan from Tata Capital?

What are the documents required for a Consumer Durable Loan?

Eligibility

Am I eligible for a Consumer Durable Loan?

Loan Details (Amount & Tenure)

How much EMI do I need to pay?

What is the maximum amount can I take through a Consumer Durable Loan?

Will I be charged a penalty if I foreclose my Consumer Durable Loan account?

How long can I take to repay the loan?

What are the available mode of repayment?

Flexible EMI Plans

Flexible EMI Plans

Know How It Works

Know How It Works

Know How To Apply

Phone

Branch

Find the right loan for you

Mobile on EMI

Camera on EMI

Laptop on EMI

Electronics on EMI

Home Appliances on EMI

TV on EMI

WHY CHOOSE US

CUSTOMIZED PRODUCTS

MINIMUM DOCUMENTATION

EASY APPLICATION PROCESS

STRONG AFTER SALES SERVICE

27 + Lakhs Happy customers

9 + Lakh Cr Worth loans disbursed

320 + Branches across India

140 + Cities across India

INSIGHTS ON CONSUMER DURABLE LOANS

27 + Lakhs

Happy customers

9 + Lakh Cr

Worth loans disbursed

320 +

Branches across India

140 +

Cities across India