How to get Loan for a Laptop online?

You can get a loan for a laptop, which has become an indispensable item for students and professionals. As such, you may be looking for one loaded with the latest features and specs. The best models come with a higher price tag, which can burn a hole in your savings. 

Thankfully, with customised loans, you can ensure you do not compromise on the laptop you want. Just like you can get flagship laptops from numerous brands, you can get financing for your purchase from a variety of lenders. 

Once you finalise the model you want, you can choose the lender from whom you want to get a loan for your laptop purchase. However, you do not need to look far, as Fibe offers an instant personal or laptop loan. With this loan, you get the required financing affordably. 

Read on to learn how to get instant loan for laptop purchases with Fibe.

Availing finance for Laptop purchase 

Having a perfect laptop helps in numerous ways, from ensuring seamless study and work to lag-free connection with your loved ones or even for playing games and being entertained. As such, the price tag must never stop you from buying the laptop you need and want. 

Moreover, you need not deplete your savings as you can easily get online laptop finance. There are multiple lenders who offer personal loans or specialised loans for laptops, with which you can buy whichever model you want. 

With Fibe, you can get a specialised personal loan of up to ₹5 lakhs, which enables easy purchase of laptops on EMI for students and working professionals. You can access this facility on Fibe very easily. 

The entire process of a getting laptop loan, from application to loan disbursal, is online and does not require you to meet stringent eligibility criteria. What’s more, you only need to submit basic documents, making the process easier and quicker. 

You also get competitive interest rates and flexible tenures, ensuring the repayment is just as stress-free. Moreover, if you decide to clear your loan for a laptop before the end of the term, you can do so without having to worry about paying penalty charges.    

Know the eligibility and document requirements

With Fibe, you do not need to meet stringent eligibility criteria or submit documents from what seems like an unending list. Here are the eligibility requirements you need to meet to get a loan for a laptop from Fibe:

• You must be an Indian resident between 21–55 years
• You need to be a salaried individual with a minimum income of ₹18,000 and ₹15,000 for metro and non-metro cities, respectively

Moreover, you only need to submit the following documents to get loans for laptops for students or working individuals:

• Identity Proof: PAN card
• Address Proof: Leave and License Agreement / Electricity Bill / Passport
• Salary Slips for the last 3 Months
• 1 Passport-sized photograph

How to get online Laptop finance 

There are multiple online lenders like Fibe who offer customised personal loans for laptops. Here is how you can apply for online laptop finance from Fibe:

Step 1: Visit the official website or download the app
Step 2: Complete your registration and navigate to the ‘Laptop Loan’ section
Step 3: Fill out the application and complete KYC upon approval
Step 4: Purchase the model you want after disbursement

Given the easy application process and minimal requirements, choosing Fibe to get finance on a laptop makes financial sense. 

How to buy a Laptop on EMI using a Credit Card

Other than loans, you can also opt for credit cards to get the laptop you want without worrying about the price. Rather than swiping your credit card for this big-ticket purchase, you can use the credit card EMI facility to buy a laptop in a pocket-friendly way. Follow these steps:

Step 1: Go to the online/offline retailer of your choice
Step 2: Select the laptop you want to buy and use your credit card at checkout
Step 3: Use the net banking facility or app and choose the option to ‘Convert to EMI’
Step 4: Choose the eligible transaction and agree to the terms and conditions
Step 5: Enter the code or PIN and receive a confirmation SMS
It’s that easy!

Now that you know how you can bring home your laptop with ease, compare and choose the right option. Download the Fibe Instant Loan App or visit the website to get an instant Personal Loan for your laptop today!

FAQs on How to get a loan for a Laptop online

How can I buy a laptop if I don’t have money?

If you don’t have a lump sum to buy a laptop, you can always get a customised laptop loan. Leading lenders like Fibe offer instant and affordable personal loans tailored to different needs, including the purchase of a laptop. You can also use a credit card to buy a laptop. 

Is it okay to buy a laptop on EMI?

Buying a laptop with the latest features and technology can come with a hefty price, which can cause financial strain. As such, opting for an EMI option via a personal loan for a laptop makes more sense. Moreover, you can get competitive interest rates and a flexible tenure, ensuring the repayment is stress-free. 

Which finance is best for a laptop?

To choose the best financing option, you need to assess your current and future finances. If you find payment in EMIs to be more feasible, you can get a customised loan for a laptop. If you find one-time payment more favourable, you can opt for a credit card. Remember, you can also use your credit card to purchase laptops on EMI with the conversion facility.