How to Upgrade Your Home in Diwali Even if Your Running Out of Cash.
Diwali is not just a festival of light. It means closing one chapter of your life and opening a new one with fresh paper. So make sure you’re starting this new year with good vibes and leaving behind all negativity… along with the sofa that squeaks every time you sit on it.
Give your home a much-needed makeover this Diwali and finally use all the interior designing tips you’ve learnt from Instagram so far!
But we know what’s stopping you, money right? Don’t let a lack of funds hold you back from bringing that Pinterest board to life!
Here are a few options that can give you financial aid:
Do you have pimples? Not on your face, on your walls. Does your house need some serious fixing?
Then a personal loan may be the best option.
A personal loan requires no collateral and provides instant funds that you can use right away! All you need to get a personal loan approved is a good credit score.
The interest rate is decided based on your income, credit score, and credit report. Since personal loans are approved solely based on your creditworthiness and trust, the eligibility criteria can be tough.
But if you’re a salaried person with a brag-worthy credit score, you wouldn’t be rejected. You can get a personal loan ranging from Rs 1000 to Rs 4,00,000 as per your home’s requirements. You can decide on the amount you want to invest in your home renovation and get a lump sum amount that you can pay off in small EMIs.
Personal Credit line:
Personal credit lines are a type of loan where you’re charged interest only on the amount you have borrowed. Unlike personal loans, you don’t get the lumpsum amount in your bank account. Instead, you can keep borrowing the amount you need and paying interest on it.
Once you repay the borrowed amount, the original amount becomes available for borrowing again. With personal credit lines, you don’t have to apply for a loan again and again. With CASHe, you can get a personal credit line of up to Rs 2 lakhs.
Not having a lump sum amount in hand can help you think twice before buying that edgy Harry Potter wall art. So if you’re prone to impulse buying and making choices you end up regretting, then go for a personal credit line.
Buy Now Pay Later Services:
Flipkart and Amazon are saviours for that home enthusiast inside of you. You get the best prices on everything your favourite influencers use. With dedication and some serious scrolling, you can find some great deals on your favourite Pinterest-y items.
Now you can shop at your beloved online stores and pay later in simple EMIs. And don’t mean to freak you out, but they have interest-free periods too.
You can get up to Rs 60,000 in credit at 0%-0.75% interest.
Awaken the interior designer in you, and start putting together a living room that looks straight out of a magazine.
How to apply for these services:
Step 1: To use Cashe’s products, you must first download the Cashe app.
Step 2: After downloading the app, you have to create your profile on the app. You will be asked to provide your details like name, birth date, Pincode, city etc.
Step 3: When you open Cashe’s app, you will have a plethora of financial products to choose from. If you want a personal loan or a personal credit line, then select those options. If you opt for BNPL services, click on the shopping icon. Click on the logo of the app you want the Buy Now Pay Later service of.
Step 4: Determine the loan amount, term, and EMI option.
Step 5: After entering your loan information, Cashe will display an overview of your loan information. Review your loan details and hit “Confirm Details”.
Your loan will be approved within a week or so, and you can start transforming your house into your dream home!