6 Expenses You Can Easily Finance With An *Instant Personal Loan*

  • Updated on: 18 Sep 2024
  • Published on: 22 May 2020
6 Expenses You Can Easily Finance With An *Instant Personal Loan*

Personal loans come with no end-use restriction, which means you can channel these funds for various purposes. You can use them to cover expenses relating to medical emergencies, travelling, weddings and so on. You can also buy home appliances using a personal loan. 

For instance, you can buy a refrigerator on EMI using the funds received through personal loans. In a similar way, you can buy a washing machine on credit. 

Here are 6 expenses you can easily finance with your instant personal loan.

Medical Emergencies

Medical emergencies can come knocking on your door at any time. While the quality of healthcare is improving by leaps and bounds, the cost of medical treatment also seems to be on an upward trajectory. 

An Instant Personal Loan can prove crucial during times when you need funds for urgent healthcare. The quick disbursement offered by instant loan apps can help you pay medical bills stress-free.

For instance, Fibe’s Medical Loan allows you to get up to ₹5 lakhs to finance any treatment that you or a loved one needs. All you need to do is meet the simple eligibility criteria and apply online. Getting a medical loan in India has never been this easy!

Travel Expenses

Whether it is a weekend getaway or a leisurely solo or group trip, travel can enrich your life, give you a break from the daily grind and expand your horizons. No matter how much in advance you plan a domestic or international holiday, its cost can burn a hole in your pocket. 

Right from the tickets and the hotel to the food, entertainment and other expenses, it can sometimes get overwhelming. Instant personal loans come to the rescue here. By getting an instant travel loan online, you can address all of these costs hassle-free.

Appliances and Digital Gadgets 

Consumer durables are an important part of life and whether it is a smartphone, TV or AC, new features have made them a must-have. With each new year, these gadgets are upgraded and the latest models can come with price tags that can be exorbitant. To ensure you get the best without putting a strain on your income, you can rely on instant loan apps that offer quick financing for such purchases. 

Speedy kitchen loans for home appliances through instant loan apps help you buy a refrigerator on EMI or an air conditioner on EMI. You can access these instant consumer durable loans online and even get specialised loans for specific needs. For instance, you can avail of an AC Loan if you want to purchase an air conditioner on EMI or opt for refrigerator financing to buy the latest model. 

The Fibe Consumer Durable Loan allows you to repay the funds in up to 730 days and repay the amount comfortably. What’s more, you do not have to worry about prepayment or foreclosure charges! 

Vehicles

Owning a vehicle is liberating, offering you the freedom to be anywhere without relying on public transportation. Plus, a vehicle can greatly empower us in times of an emergency. Owning a vehicle is thus far from a luxury but rather a necessity. 

To finance your purchase, you can get customised financing from an instant personal loan app such as Fibe. With our Auto Loan or Two-Wheeler Loan, you can get the necessary funds to buy 

your favourite vehicle. 

Education

A good quality education is the precursor to great opportunities and every parent wishes to provide only the best for their child. However, high tuition costs can often be a hindrance. 

An education loan can be a great solution in such cases. 

Through instant personal loan apps, you can get student loans with flexible EMIs. For instance, Fibe offers Personal Loans for Education at affordable interest rates with an easy repayment schedule. Use it to finance course fees, accommodation, travel, books and other necessities with ease. 

Daily and Monthly Expenditure

Unchecked expenditure during the festive season or to finance a personal emergency can disrupt your monthly budget. For a salaried individual, this can be a challenge when it comes to paying your fixed expenses, such as rent, groceries and more. Here’s where a personal loan that is easy to get and allows you to spend without any restrictions is a boon. 

This is exactly what you get from Fibe. Our Instant Cash Loan simplifies borrowing and gives you the freedom to use it as per your wishes, no questions asked. 

As you can see, Fibe’s instant financing solutions cover the gamut from medical needs to consumer durables. Use our Instant Personal Loan to buy a refrigerator on EMI or use it like an AC Loan or a Travel Loan. To get started, download our Personal Loan App here or register on our website. 

FAQs on Financing Your Expenses with Instant Personal Loans

How can I buy a refrigerator on EMI?

To buy a refrigerator on EMI, you can get an instant personal loan from Fibe. We offer loans up to ₹5 lakhs for all your personal needs without any end-use restrictions. 

Can you get a loan for appliances?

Yes, a home appliances loan is a personal loan that you can take to refurbish your home with the latest appliances. 

Can I buy home appliances on EMI?

Yes, with the Fibe Instant Personal Loan, you can get a home appliances finance solution and 

shop for refrigerators, washing machines, microwaves and air conditioners on EMI.

How to take a washing machine on loan?

To apply for a washing machine loan, download the Fibe Personal Loan App and register. Once your application for an instant loan is approved, you can use the funds to shop for a washing machine of your choice. 

Can I get a consumer durable loan?

Yes, on Fibe, you can get consumer durable finance in just two minutes with easy-to-meet eligibility criteria and minimum paperwork.

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