Can I buy a phone in education loan?

Can I buy a phone in education loan?

They will get an interest free loan for purchasing mobile phones for students to continue their online education. This scheme is called Vidya tharangini. Under this scheme a student can get a loan of Rs 10000. After the repayment period, the balance amount payable at the maximum interest of 8 percent.

How can a student get EMI?

To qualify for a student credit card, you have to meet the following standard eligibility criteria: You should be a college student aged 18 years or above….How to apply for a student credit card

  1. Birth certificate.
  2. College or University ID.
  3. PAN card.
  4. Residential address proof.
  5. Passport size photograph.
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What is required for phone on EMI?

What are the documents needed for mobile EMI? The customer needs to provide basic KYC documents like proof of identity, address proof, income proof and passport size photographs.

Can I buy mobile on debit card EMI?

To buy a phone on EMI with a Debit Card, all you need to do is: Purchase your phone at your bank partner outlet, e. electronic outlets for which your bank has provided an additional facility. If you haven’t already completed your KYC or Know your Customer Procedure, sign up and upload the documents for the same.

Should I buy electronics on EMI?

Should you go for EMI? It is advisable not to buy consumer durables on EMI, as the interest rate is higher. It is better to save first and then buy. In most cases, the cost of electronic items, especially phones, decline over a period of time.

Which debit card is eligible for EMI on Flipkart?

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Which banks have partnered with Flipkart to offer Debit Card EMI? At present, Flipkart partners with Axis Bank, State Bank of India (SBI), HDFC Bank and ICICI Bank to offer Debit Card EMI facility to customers.

Which is the best way to buy a mobile on EMI?

When you pay on EMI, you do not need to pay the full cost and hence you can purchase a better buy mobile on emi with debit card or credit card. Extra savings with No Cost EMI mobiles: With the option of no-cost EMI, buying a mobile phone on installments becomes much more attractive since you are not charged any extra cost (0\% interest).

How can I avail zestmoney EMI on mobile phones?

You can avail ZestMoney EMI at our partner mobile stores like Croma, Sangeetha, and Mi Home. The first step is to signup with ZestMoney and submit your details. You will receive an active credit limit which you can use to buy mobile at your nearest partner stores.

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Can you get an easy EMI on a debit card?

Most people believe that only a credit card allows for EMIs, not a debit card. In fact, it is possible to convert a large spend on your debit card into easy EMIs through certain platforms. Some fintech companies offer this service, but only before you have made a purchase. Here’s how it works.

How to buy a smartphone on a budget?

Easy on Pocket: Purchasing a phone by paying the full price together can take your monthly budget off-track leaving you very less in savings for emergency needs. Purchasing mobile on debit card EMI or credit card EMI ensures that you have sufficient savings at all points of time.