Purchase Luxury Goods and Electronics For Your Home

Indulge in luxury shopping without the stress of a shortage of funds to hold you back!

It is not possible for everyone to save a certain amount of money by the end of each month. Some run their house from paycheck to paycheck, making it difficult to even purchase essential household items. In such situations, you need a helping hand and it comes in the form of a Consumer Durable Loan.

What is a Consumer Durable Loan?

Consumer Durable loans online are unsecured personal loans that serve the purpose of letting you purchase household items like washing machines, refrigerators, air-conditioners, LED TVs, microwaves, furniture, clothes, or groceries. The idea is to make the luxury lifestyle more affordable and without having to exhaust your savings in the process.

Reasons for Securing a Consumer Durable Loan

One of the primary reasons for securing a consumer durable loan is that you don’t have to wait long and go to extreme measures to save money to buy household appliances and other kinds of electronics. You can purchase items such as air-conditioners, televisions, refrigerators, washing machines, modular kitchens, microwaves, ovens, laptops, cameras, and other appliances and gadgets. These items are necessities to furnish your home, but budget constraints or lack of funds can hold you back from buying these items.

Frequently Asked Questions

Have a question not mentioned here? Feel free to contact us and we will respond as soon as possible.

The eligibility criteria to avail a consumer loan from CASHe are:

  • You should be an Indian citizen
  • You must be at least 18 years of age
  • You must be a salaried professional with a minimum monthly salary of ₹15,000 or more

Yes, you can avail a consumer loan by yourself as long as you meet CASHe’s eligibility criteria for consumer loans.

At CASHe, the consumer loan interest rates are calculated on a monthly basis for the complete loan amount. The consumer loan interest rate on CASHe ranges from 2.25% up to 2.5% (equivalent reducing balance interest rate ranging from 3.71% to 3.85% per EMI).

You can find the CASHe mobile app on the Google PlayStore and the Apple App Store.

Yes, you can repay your CASHe consumer loan in EMIs as per your selected loan tenure. The consumer loans on CASHe are offered with flexible loan tenures ranging from 90 days to 540 days.

You will need the following documents to apply for a consumer loan on the CASHe app:

  • Photo identity proof (PAN card)
  • Income proof (latest salary slip)
  • Identity proof (Aadhar card)
  • Permanent address proof (accepted documents)
  • Latest bank statement showing salary credit

Consumer loans can be used to purchase consumer durables like air-conditioners, televisions, refrigerators, washing machines, modular kitchens, microwaves, ovens, laptops, cameras, and other appliances.

At CASHe, you can avail a consumer loan up to a maximum limit of ₹4,00,000.

No, since consumer loans on CASHe are unsecured in nature, they do not require any security, collateral or guarantee.

It is important to have a clean credit history when you apply for a consumer loan at CASHe. This is important as your previous credit score will have a direct implication on the scores we generate on the SLQ.

A consumer durable loan online is a type of personal loan intended for the purchase of washing machines, refrigerators, air-conditioners, LED TVs, microwaves, furniture, clothes or groceries.

The simplest way to get a consumer durable loan would be to apply for one on a personal loan app like CASHe.

The four types of consumer durable loans are – fixed-rate consumer durable loan, variable rate consumer durable loan, secured consumer durable loan, and unsecured consumer durable loan.

Unsecured consumer durable loans are the most common since there is no need for collateral.

One of the primary benefits is that you get instant approvals for a collateral-free loan that can be utilized for purchasing white goods or luxury goods.