How to finance a TV Loan online?

  • Updated on: 5 Oct 2023
  • Published on: 25 Sep 2023
How to finance a TV Loan online?

You can finance a TV with a personal loan without any hassles and ensure you get the model you want. With the evolution of modern television sets, you now get smart TVs, offering not just an Ultra HD or 4K watching experience, but also interacting with you with Internet and Web 2.0 connectivity. 

Modern TVs also have multiple display options, such as OLED, LED, or QLED. With various options, you can choose from multiple features related to refresh rates, contrast qualities, web browsing, games, on-demand streaming and more. 

Loaded with all these features, the cost of a premium TV today is bound to be on the higher side. Given that you may already go through the tiresome process of finding the right TV, you do not need to worry about how to finance the purchase. 

You can choose a personal loan to finance a TV and ensure that the price of your model does not restrict you from getting a bigger or a smarter TV. Moreover, the instant personal loan from Fibe can ensure you get an OLED, QLED, or LED TV on EMI that is well within your budget.

Read on to learn more about financing a TV purchase with a personal loan from Fibe.

Financing a TV through a TV Loan

With advanced features and tech, the cost of a TV has gone up. However, with a personal loan, you can get a TV of your choice without straining your finances. You can consider buying a TV on loan as it offers favourable terms, which make repayment manageable. 

In fact, lenders even offer a specialised TV loan, which is a tailored personal loan available on the official website or TV Loan app. Such a loan assists you in buying your favourite television model without any compromise.

Fibe provides a smart TV Loan, which is an instant personal loan of up to ₹5 lakhs. Apply for it to get the funding you need online and without hassles. The documentation required is minimal, with the entire process taking just a few minutes. You also get affordable interest rates and easy repayment facilities. The zero prepayment charges allow you to become debt-free whenever you wish. 

Moreover, to facilitate customers buying LED TVs on EMI online, you can use Fibe limit to shop on multiple online shopping platforms. This allows you to seamlessly buy the TV you want. 

Eligibility terms and documentation needed for a TV Loan

With Fibe’s credit solutions, you can easily shop for your favourite smart LED TV on EMI. With a hassle-free application and approval process, you don’t have to worry about meeting stringent eligibility criteria or furnishing an exhaustive list of documents. 

Here are the simple eligibility requirements to finance a TV using a loan from Fibe:

  • You must be an Indian resident between the ages of 21 and 55 years 
  • You must be a salaried individual with a minimum net salary of ₹18,000 if you live in a metro city and ₹15,000 if you live in a non-metro city

In addition to simple eligibility requirements, you only need to furnish copies of the following documents:

  • PAN Card
  • Identity Proof
  • Address Proof
  • Bank Statements or Salary Slips for the Last 3 Months

How to get a TV Loan online?

Here is how you can finance a TV by applying for a loan from Fibe:

Step 1: Visit the official website or download the app
Step 2: Register and navigate to the Personal Loan for Smart TV option
Step 3: Fill in the required information and complete KYC as required
Step 4: Buy an LED TV on EMI using the loan amount after disbursal

Repay in EMIs as per the timeline you choose. You can also prepay the loan amount if you have surplus funds before the end of the tenure. The best part is that Fibe doesn’t charge any prepayment penalties! 

How to get a TV using a Credit Card?

Apart from a personal loan, a credit card is also a convenient way to finance the costs of your TV. You can use your credit limit to buy it outright or use the convenient EMI conversion facility. Follow these steps:

Step 1: Visit the online store or retail outlet where you want to buy your TV
Step 2: Select the model and either select your credit card at checkout or swipe your credit card to pay
Step 3: Convert the transaction into EMIs using the ‘Convert to EMI’ option using net banking or the issuer’s app
Step 4: Choose the EMI payment plan, consent to the terms and enter the code or PIN

You will then get an SMS confirming the EMI option you have chosen. 

Now that you know how to finance your television, choose the right option by comparing the costs. Download the Fibe Instant Loan App or visit the website to get an instant Personal Loan and finance your new TV affordably!

FAQs on How to finance a TV loan online

Can I get a loan for a TV?

Yes, you can finance a TV using a specialised personal loan. Various online platforms like Fibe offer this loan, enabling you to purchase a television of your choice. 

Can I buy a TV and pay monthly?

Yes, you can take a TV loan to purchase a TV and repay it through affordable EMIs. Moreover, Fibe has no prepayment penalties, so you can easily pay off your loan early. You can also buy a TV using a credit card and benefit from the EMI conversion facility to pay the bill in instalments. 

Can I buy a TV on EMI without a credit card?

Yes, you can buy a TV on loan by taking a specialised personal loan that comes with instant approval with competitive interest rates.


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