Check Mobile Finance Offers for Indian Smartphone Brands

Many people look for value, performance, and trust when buying a smartphone. That’s exactly what an Indian phone company offers. Even before the ‘Make in India’ initiative, Indian smartphone brands were making affordable, feature-rich phones. 

Today, the Indian mobile market is bigger than ever, with options for every budget. Read on to explore the top 10 Indian mobile brands, their unique features, and the latest finance options for Indian mobile brands to make your next smartphone purchase more affordable. 

Understanding Smartphone Financing 

Smartphone financing simply means buying your phone without paying the entire amount upfront. Instead, you split the total cost into smaller, easy-to-manage payments. 

Here are the most common ways people finance their phones today: 

• EMIs (Equated Monthly Instalments): Convert your purchase amount into monthly instalments through your debit or credit card. 

• BNPL (Buy Now Pay Later): Pay a small portion now and the rest later. Many fintech apps offer BNPL for smartphone purchases. 

• Personal Loans: Get quick, unsecured personal loans from finance apps or banks to buy a phone of your choice. 

These smartphone financing India options help you get your dream phone without financial stress. You can easily do a mobile finance check online to explore what works best for you. 

List of Best Indian Mobile Companies 

Here’s a list of top Indian smartphone brands that produce and retail phones within India: 

1. Celkon Mobiles 

Started in 2009 in Telangana, Celkon was one of the first mobile makers in South India. They offer smartphones starting from ₹5,999 and also deal in tablets, laptops, smart TVs and more. 

Options for consumers to purchase smartphones on EMI 

• Available through leading e-commerce websites like Amazon and Flipkart 

• Mobile finance check online options on major fintech apps to get pre-qualified offers 

• Tie-ups with local retailers for easy mobile finance check and instant approvals 

2. i-Ball 

Launched in 2001, i-Ball has over 100 million users. Known for mobiles, tech accessories and PC products, they have 1 lakh+ active retailers across India. 

3. Intex Technologies 

Intex was founded in 1996. It is one of India’s largest electronics manufacturers offering affordable phones like Aqua Note and Indie 5, most priced under ₹10,000. 

Financing facilities for budget-friendly models 

• Partnerships with NBFCs and digital lenders offering finance deals on Indian smartphones 

• EMI options via debit/credit cards and consumer loan platforms 

• Customers can perform a mobile finance check online before applying 

4. Karbonn Mobile 

Operating since 2009, Karbonn focuses on making smartphones more accessible. Models include K9 Smart Plus, Aura Power 4G and Titanium S9 Plus. 

Availability of no-cost EMI and other financing plans 

• No-cost EMI options available on major online marketplaces 

• Indian mobile brands finance plans through banking partners and fintech platforms 

• Zero down payment schemes on select models 

5. LAVA International Ltd. 

A popular Indian mobile company with global reach, LAVA works with over 1.65 lakh retailers and 800+ service centres. Top models include LAVA Blaze 5G, Agni 2 and YUVA. 

Financing options available for Lava smartphones 

• EMI and credit card finance options available online and in stores. 

• Mobile finance check online through lender platforms. 

Partnership with financial institutions or platforms 

• Collaborations with Fibe, Bajaj Finserv, and Home Credit for Indian mobile brand financing options 2025. 

• Tie-ups with digital lenders for instant approvals and low interest rates. 

6. LYF – Reliance Retail 

A Reliance-owned brand offering affordable 4G and 5G smartphones. Popular models include LYF Water 7S and Earth 2. 

7. Micromax Informatics 

A well-known Indian phone company offering smartphones, earbuds and LED TVs, focusing on budget-friendly options. 

EMI schemes and collaborations with banks or fintech companies 

• Easy EMIs available on most Micromax phones 

• Finance deals on Indian smartphones through apps like Fibe and Bajaj Finserv 

• Tie-ups with major banks for instant mobile finance check and quick disbursals 

8. Spice Telecom 

Known for the Spice Stellar series, offering affordable smartphones with good customer service. 

9. Xolo Phones 

A sub-brand of LAVA, Xolo started in 2012 and introduced India’s first 4G smartphone. Now offering newer 5G-enabled models. 

10. YU Televentures 

A joint venture between Micromax and Cyngn, known for Yu Yureka Plus, Yu Ace and more — available online in multiple price ranges. 

Popular Financing Platforms for Indian Smartphones 

Let’s look at some of the best Indian mobile brand financing options 2025 that make owning a new phone easier than ever. 

1. Fibe 

Overview of Fibe’s instant personal loan offerings for smartphone purchases 

• Quick approval and disbursal for smartphone loans 

• Simple eligibility check and paperless process 

• Ideal for customers who want to buy any Indian mobile brand 

Benefits of using Fibe for financing Indian mobile brands 

• Zero joining and annual fees with the Fibe Axis Bank Credit Card 

• 3% cashback on food, entertainment and commute 

• Rewards on shopping, travel and utility spends 

• Option to perform mobile finance check online before applying 

2. Bajaj Finserv 

EMI Network Card and its applicability for purchasing smartphones 

• Wide acceptance across top mobile stores and e-commerce platforms 

• No-cost EMI and zero down payment options 

• Finance options for Indian mobile brands including LAVA, Micromax and Karbon 

3. Home Credit India 

Instant loan approvals and flexible repayment options 

• Fast approval with minimal documentation 

• Repayment tenures from 6 to 24 months 

• Ideal for customers exploring mobile finance check online before buying 

4. ZestMoney 

No-cost EMI and zero down payment schemes for mobile phones 

• Allows you to buy phones now and pay later, interest-free 

• Works with leading e-commerce and retail outlets 

• Indian mobile brands finance plans available for all credit profiles 

How to Choose the Right Financing Option? 

When exploring finance options for Indian mobile brands, keep these points in mind: 

• Compare interest rates and processing fees 

• Check your eligibility through a mobile finance check online 

• Consider repayment flexibility and tenure options 

• Choose platforms offering instant approval and minimal documentation 

Benefits of Financing Your Smartphone Purchase 

Opting for smartphone financing comes with several benefits: 

• Affordability: Spread your payment over months 

• Flexibility: Choose from EMIs, BNPL, or personal loans 

• Accessibility: Get pre-approved offers using a quick mobile finance check 

• Freedom of choice: Buy from any Indian mobile company without budget worries 

FAQs on Indian Mobile Brands 

Which is the No. 1 mobile phone company in India? 

Currently, Vivo is India’s most popular smartphone brand. 

Which is the largest-selling mobile brand in India? 

Vivo leads as the best-selling mobile brand in India. 

Which phone is most used in India? 

Nearly 20% of Indians use Vivo smartphones. 

Which mobile is trending now? 

Some trending smartphones in India include: 
OnePlus Nord 2T 5G, Vivo X Fold 3 Pro, Nothing Phone 1, POCO F4 5G, Vivo V25 Pro 5G, Xiaomi Redmi K50i, Realme 12 Pro+ 5G, Oppo Find X7 Ultra, Samsung Galaxy F13, and Samsung Galaxy Z Flip 4 5G.