You can finance a TV with a personal loan and avoid compromising on the model or features you want. Modern televisions are far more than screens: smart TVs deliver Ultra HD or 4K image quality while offering internet connectivity, streaming apps, gaming, and web browsing.
Today’s TVs come with a range of display technologies — OLED, LED, and QLED — and varying specifications such as refresh rates, contrast ratios, and smart platform capabilities. These advanced features raise the price of premium sets, but financing makes it easier to choose a higher-end model without stretching your budget.
A personal loan from Fibe can help you buy an OLED, QLED, or LED TV on easy monthly installments. Instant approval and flexible repayment options let you spread the cost while keeping your finances manageable.
Financing a TV through a TV Loan
As TV technology advances, prices for feature-rich models have increased. A personal loan gives you the freedom to pick the TV you want and repay in affordable installments, rather than paying a large sum upfront. Lenders also offer specialised TV loans—tailored personal loans designed specifically for electronics purchases.
Fibe provides a smart TV loan, an instant personal loan of up to ₹5 lakhs. The online application requires minimal documentation and can be completed in minutes. You benefit from competitive interest rates, convenient repayment terms, and zero prepayment charges, allowing you to clear the loan early if you choose.
Fibe’s credit facilities can also be used to shop across multiple online platforms, making it simple to purchase the TV you want and convert the purchase into EMIs.
Eligibility terms and documentation needed for a TV Loan
Fibe’s application and approval process is designed to be straightforward so you can quickly finance your preferred smart TV. Eligibility and documentation requirements are minimal.
Typical eligibility criteria include:
- Indian resident between 21 and 55 years of age
- Salaried individuals with a minimum net salary of ₹18,000 in metro cities or ₹15,000 in non-metro cities
Documents commonly required:
- PAN Card
- Identity proof
- Address proof
- Bank statements or salary slips for the last 3 months
How to get a TV Loan online?
Follow these steps to finance a TV through Fibe:
Step 1: Visit the official website or download the app
Step 2: Register and select the Personal Loan for Smart TV option
Step 3: Fill in the required information and complete KYC
Step 4: After disbursal, use the loan amount to buy your LED/Smart TV on EMI
You repay the loan in EMIs over your chosen tenure. If you have surplus funds, you can prepay without incurring any penalty.
How to buy a TV using a credit card
A credit card is another convenient way to finance a TV. You can either pay the full amount using your credit limit or use the card issuer’s EMI conversion facility to convert the transaction into monthly installments. Typical steps:
Step 1: Choose the TV at an online store or retail outlet
Step 2: Pay with your credit card at checkout or swipe the card at the store
Step 3: Use the ‘Convert to EMI’ option via net banking or the card issuer’s app
Step 4: Select an EMI plan, accept the terms, and confirm with the required code or PIN
After conversion, you will receive an SMS confirming your EMI plan and payment schedule.
Compare loan and credit card options to find the most cost-effective financing method for your purchase. Use the Fibe app or website to apply for an instant personal loan and finance your new TV affordably.
FAQs on financing a TV loan online
Can I get a loan for a TV?
Yes. Many lenders offer specialised personal loans or TV loans that let you purchase a television and repay via EMIs.
Can I buy a TV and pay monthly?
Yes. You can take a TV loan and repay through monthly installments. Fibe allows prepayment without penalties. Alternatively, you can use a credit card and opt for EMI conversion to spread the cost.
Can I buy a TV on EMI without a credit card?
Yes. You can choose a specialised personal loan that provides instant approval and competitive interest rates, allowing you to buy a TV on EMI without needing a credit card.