What are the Pros and Cons of a Tankless Water Heater

Tankless water heaters heat water when you need it, without storing hot water in a tank. They can save space and provide continuous hot water, but the initial cost can be higher.

• Electric models heat water as it flows through the unit.
• Gas models can serve multiple fixtures at the same time.
• Point-of-use models suit a single sink or shower.
• Whole-house models are designed for higher household demand.
• Key benefits include space saving and reduced standby heating.
• Drawbacks include higher initial cost and limited flow on some models.

You can also buy a new water heater on Easy EMIs at over 1.5 lakh partner stores across 4,000 cities, including Reliance Digital, Croma, and Vijay Sales.

A tankless water heater heats water only when you need it. Unlike a storage heater, it does not keep a large volume of hot water in a tank. This design can save space and reduce the need for standby heating. However, the right model depends on your household demand, available electrical capacity and the number of fixtures you use together. If you want to buy a new water heater, visit any of Bajaj Finance's 1.5 lakh partner stores — like Vijay Sales, Croma, Reliance Digital, and more — across 4,000 cities, including Tier 2 cities like Jaipur, Lucknow, Kochi, Bhopal, and more in India. Choose your preferred model, then use the Bajaj Finance Insta EMI Card or Bajaj Finance Easy EMI Loan to finance it. Convert the cost into Easy EMIs that suit your monthly budget and enjoy zero down payment on select models — take it home without any upfront payment. Check your loan eligibility online in minutes so you know exactly what you can get before you step into the store.

Tankless water heaters are available in different formats. Your choice should depend on where you need hot water and how much water your household uses at the same time.

Hybrid tankless water heaters are another option. They combine tankless heating with a small buffer tank to provide hot water quickly while additional water is heated. 

Tankless water heaters offer several practical benefits for homes where space and on-demand hot water matter.

The main trade-off is the higher initial cost. Some homes may also need electrical upgrades before installing an electric model.

The listed models range from Rs. 3,199 to Rs. 10,886. The table includes both instant and storage water heaters, so these prices should not be treated as a tankless-only price range.

Disclaimer: Each model's features, availability, and pricing are subject to change and may vary. For the most accurate and up-to-date information, please visit the official website.

Note: Although you can only use Bajaj Finance’s financing options to split any purchase above Rs. 5,000 into Easy EMIs, you can always club your product with other electronics and home appliances to meet the minimum amount and enjoy the same benefits.

Before you decide, explore the latest offers. You may find a great deal on a model that matches your needs.

Bajaj Finance offers two financing options at over 1.5 lakh partner stores across 4,000 cities in India. Here is how they compare:

How to choose? Both options require you to be physically present at a partner store. The Insta EMI Card is ideal for shoppers who want to purchase across multiple categories over time. The Easy EMI Loan suits buyers looking to finance a higher-value purchase in a single transaction.

Also explore the latest offers. You may find a great deal on a model that matches your needs.

The process is simple and typically takes 10 to 15 minutes once you are at the store.

1. Browse models on Bajaj Mall: Compare options on Bajaj Mall before visiting a store.
2. Find a partner store near you: Use the Bajaj Finance store locator to find a nearby partner outlet such as Croma, Vijay Sales, or other authorised retailers.
3. Check the water heater in person: Check the key features, specifications, size, and performance to choose the product that best suits your needs and budget.
4. Choose a suitable EMI option: At checkout, ask the store executive about the Bajaj Finance Insta EMI Card or Easy EMI Loan. Confirm available tenure options and whether your chosen model comes with a zero down payment offer.
5. Complete payment and schedule installation: The in-store process is quick, and most partner stores offer installation as part of the purchase.

You can also check your loan eligibility online in advance by entering your mobile number and OTP, helping you plan your purchase better before visiting the store.

Bajaj Finance’s Smart Savings Calculator helps you unlock maximum savings every time you shop at partner stores. It brings together all available brand, dealer, and scheme offers—so you can see your total savings instantly and shop smarter with Easy EMIs.

1. Dealer offers - Grab exclusive in-store deals at over 1.5 lakh partner stores across India. Enjoy local discounts and special prices you will not find online.

2. Brand offers - Access limited-time discounts from top brands across electronics, appliances, and more. Discover brand-specific savings selected just for you.

3. Bajaj offers - Unlock exclusive Bajaj Finance deals on popular products—available only to our customers. More rewards, more value.

4. Scheme offers - Take advantage of time-sensitive offers on select EMI schemes. Get extra benefits after paying just 3 EMIs—visible during EMI selection at checkout.

Calculate your extra savings today!