Getting a Mobile on EMI is now easy now, Here's how

Getting a Mobile on EMI is easy now, here’s how?

EMI for mobile phone

In India today, most commercial banks provide their clients with credit cards. However, the Indian market has always been reliant on debit cards. Even today, a sizable portion of the populace neither owns nor uses a credit card. Due to their low salaries or unemployment, many people are not eligible for credit cards. If you fall into the category of people who don’t have a credit card, this tutorial is for you. Here, we’ll demonstrate how using an EMI mobile plan without a credit card is possible.

Why opt for EMI when purchasing a mobile phone? 

No matter your age or line of work, owning a smartphone is now a requirement. A top-tier smartphone makes it easier for us to do our everyday duties, including finishing work assignments, buying things online, enjoying entertainment, and staying in touch with friends and family.

The public has constraints to update their mobile phones once every two years due to the introduction of new features and services. However, the most recent flagship smartphones from top mobile manufacturers, however, have a hefty price tag that ranges from tens of thousands of rupees to more than a lakh.

Regular consumers find it challenging to pay for it all at once out of their pockets due to the high price. Thankfully, it is now possible to buy a mobile on EMI. You don’t have to wait till you have saved money before making a purchase using EMI mobile finance. You can finish your purchase and make affordable payments later.

What are the advantages of purchasing a smartphone on EMI?

Over purchasing in total, buying a mobile on EMI has many benefits. The following list includes a few of these benefits.

Easy on your Budget

These days, the price of a good smartphone might range from Rs. 25,000 to Rs. 100,000. Your monthly budget may suffer if you pay the entire sum up front, which could interfere with other obligations and urgent demands. You can pay over time in tiny quantities when using an EMI mobile payment method.

Afford a Flagship Model 

People frequently choose not to buy a flagship model because they are unable to pay the whole price upfront. They choose less expensive devices with fewer features as a result. You don’t have to make the full payment upfront if you choose to make your mobile loan payments in EMIs. As a result, you are able to buy a nicer model than you could afford if you made an upfront payment.

No Extra Costs 

It is wise to buy a mobile on EMI because there are no additional expenses. You pay the same money that you would if you choose to pay for the item in one go with EMI mobile.

How to buy a mobile phone on EMI without a credit card? 

You can buy a smartphone on EMI with a mobile loan in a variety of ways without using a credit card. Let’s examine the numerous choices that consumers have for EMI mobile phones in more detail.

Consumer Durable Loans 

The most common method for paying for gadget purchases is a consumer durable loan for mobile finance. Large-ticket items like televisions, air conditioners, laptops, computers, washing machines, refrigerators, water purifiers, music systems, furnishings, smartphones, etc. are eligible for these loans.

Where and how to avail of this option?

Consumer durable loans are provided by NBFCs so that customers can pay for pricey appliances and phones over time with EMI phones. Simply enter a partner store, pick your chosen smartphone model, and inform the salesperson that you want to pay for the item with mobile finance.

mobile on EMI

Consumer Lending Fintech Companies like Lenditt

Lenditt a leading consumer lending Fintech Company. These businesses’ primary goal is to offer loans and other financing choices to clients who do not have credit cards. You can use EMI on mobile finance to buy the smartphone of your choice without making a down payment.

You must sign up for Lenditt and select Lenditt as your preferred payment method when you check out.

How to use this option? 

You can purchase your preferred smartphone using Lenditt in easy steps:

EMIs on Debit Cards

Leading commercial banks now permit users of their debit cards to make purchases using EMIs. You can buy a mobile on EMIs from these banks’ institutes for the time period of your choice.

How to use this option? 

Pay for the purchase from your linked bank account in easy EMIs on mobile loans. 


Purchasing your ideal mobile phone is simpler than ever. Analyze which method is best for your situation from the three methods listed above to pay for your smartphone using convenient EMIs through mobile finance. When choosing a payment option to use for the mobile loan, be sure to read the terms and conditions to determine which one is ideal for you.