Unlimited benefits with a start-to-finish digital process with IDFC First Bank Home Loans
The only FASTag with triple benefits
Turn your dreams into reality with an IDFC FIRST Bank Consumer Durable Loan. With flexible and long tenures of up to 36 months and loan amounts ranging from *₹3,000 up to ₹5 lakhs, our loans are centered around your needs. You can easily apply for our Consumer Durable Loan online, get instant approval in 2 minutes, and avail a host of features and benefits.Read More
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Avail EMIs on your Consumer Durable Loan at no additional cost
Pre-set credit limit that can be redeemed against any number of purchases. Minimum value Rs. 3000*
Dynamically updated limit based on customer history. Min 25K & max. upto 5 Lakhs
Repaying for your product is easy with flexible tenures ranging from *3 – 36 months
Get instant approval of your IDFC FIRST Bank Consumer Durable Loan
Customers can avail a loan at any given time, unlike others where the next case can be logged in only after a lead time of 3 months
Loan application procedure for a consumer durable loan is very simple. You can apply from any of the following option:
Check eligibility online
Proof of Identity: (Any one of the below Officially Valid Document (OVD))
Proof of Address (Any one of the below *OVD document):
A Consumer Durable Loan is an option given to customers to purchase durable items. Here’s a list of some of the many durable items you can purchase:
· Digital Products such as Mobile phones, cameras, tablets, DSLRs, audio devices, laptops, Smart watches, etc.
· Household products such as fridges, washing machines, microwaves, kitchen appliances, Water heater, etc.
· Lifestyle products such as furniture, Modular kitchen, Camera lenses, tyres, Health & beauty packages, supermarket purchases, recliners, etc.
We help make durables more accessible with an easy EMI option.
You can buy a wide variety of consumer goods under a Consumer Durable Loan in India. Some of the products that are lent by IDFC FIRST Bank are air conditioners, televisions, fridges, washing machines, microwaves, cameras, mobiles, tablets, kitchen appliances and audio devices.
A Consumer Durable Loan makes the purchase of your desired durable product easy. In case you are buying more than one item or an expensive product, it removes the immediate financial burden. You do not have to wait for a long time to save money to buy your desired product. Furthermore, you can avail a No-Cost EMI on many of the products offered as this makes your purchase even more affordable.
You can avail an IDFC FIRST Bank Consumer Durable Loan online by visiting our website or through our mobile app which can be downloaded from either Google Play or the Apple App Store. Simply get an approval online and then walk into the store and purchase the product of your choice like AC on EMI, camera on EMI, mobile on EMI, tablets on EMI or TV on EMI.
Salaried as well as self-employed individuals can apply for a Consumer Durable Loan. Your age should be between 21 years and 60 years for salaried individuals, and between 21 and 65 years for self-employed individuals. You have the option to directly apply from our website or through our mobile app which can be downloaded from Google Play or the Apple App Store.
IDFC FIRST Bank provides loans for several durable products. Our loans come with flexible tenures ranging from 6 to 36 months with repayment in easy EMIs. Click here to view products that can be purchased using our online Consumer Durable Loan.
The current rate of interest offered by IDFC FIRST Bank is between 9% to 40%. However, you need to pay some amount as an advance instalment while applying for the loan. A nominal processing fee is also charged. The cost of financing your product like mobile, TV, etc., is borne by the manufacturer.