Published Jun 16, 2025 3 Min Read

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A consumer durable Loan helps individuals purchase essential lifestyle products like appliances, electronics, and furniture without straining the finances. Instead of paying the full amount upfront, the total cost is divided into manageable monthly instalments. This makes it easier for families and individuals to upgrade their homes, especially during festive seasons or urgent replacement needs, without compromising on quality or features. These loans typically come with flexible repayment tenures, minimal documentation, and quick approvals, making them highly accessible for a wide range of buyers.

Bajaj Finserv offers the Easy EMI Loan with loan amounts of up to Rs. 5 lakh, flexible repayment options, and zero down payment on select models—helping you shop smartly without disrupting your savings.

Documents needed for an Easy EMI loan approval

Once you meet the consumer loan eligibility, you must submit the documents mentioned below to check your approved loan limit:

  • PAN card
  • Aadhar card number
  • Banking details

*You should be 75 years or younger at the end of the loan tenure.

 

Tips to speed up the loan application

Here are some general tips to speed up your loan application process:

  • Check your credit score: A higher credit score improves approval chances and speeds up processing.
  • Prepare necessary documents: Keep income proof, ID, and bank statements ready to avoid delays.
  • Apply online: Digital applications are faster than traditional paper-based processes.
  • Maintain a stable income: A consistent income source reassures lenders of repayment ability.
  • Opt for pre-approved loans: If eligible, pre-approved offers require minimal documentation.
  • Avoid multiple applications: Too many loan requests can lower your credit score and slow approvals.

These are some generic steps to speed up your loan application. It might not apply to every loan.

Eligibility criteria for a consumer durable loan

You can apply for an Easy EMI Loan if you meet the eligibility criteria outlined below:

  • Nationality: Indian
  • Age: 21 to 75 years*
  • Employment type: Salaried or self-employed
  • Employed with: Public, private, or MNC
  • CIBIL Score: 685 or higher

Additional

Additional

Frequently asked questions

How to apply for a consumer durable loan?

To apply for a consumer durable loan, follow the steps below:

  • Select your preferred product
  • Add your details and complete the verification.
  • Get your approved loan offer limit online
  • Visit our partner store
  • Browse and choose your preferred model
  • Choose a suitable instalment plan and complete the loan process
Who is eligible for an Easy EMI consumer durable loan?

To qualify for an Easy EMI consumer durable loan, applicants must be:

  • Nationality: Indian
  • Age: 21 to 75 years*
  • Employment type: Salaried or self-employed
  • Employed with: Public, private, or MNC
  • CIBIL Score: 685 or higher
What is the limit of a consumer durable loan?

You can secure a substantial loan amount of up to Rs. 12 lakhs to purchase the appliance of your choice. 

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Bajaj Finserv App for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals. 

You can use the Bajaj Finserv App to: 

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more. 

  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements, and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app. 

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1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (BAJAJ FINANCE) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same. 

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