Consumer durables, also known as durable goods, are a category of consumer goods that do not wear out quickly and therefore do not have to be purchased frequently. They are part of core retail sales and are considered durable because they last for few years.
Our consumer finance helps you pay for the purchase of consumer durable items such as mobile phones, refrigerators, washing machines, TVs, air-conditioners, microwaves, furniture and much more. You can avail a consumer durable loan with flexible down payments and affordable EMI. Thus, a consumer durable finance makes your life more comfortable without any financial burden on your savings.
With Monedo Financial you can buy consumer durable product from our authorised merchant partner. Our customers can acquire the merchandise of their choice with flexible EMI plans from any of our empaneled merchant partners. This symbiotic business model is supported by a dedicated and passionate team at Monedo to deliver astounding results.
Features
• Increases the Purchasing power of the borrower with Easy Finance available
• Low Down Payment and Easy installment upto 12 months
• Ease on the process and fast approval
Benefits
• Quick Approval
• Upto 90% of Invoice value
• 100% Digital Process
• Minimal documentation
Documents required to avail Consumer Finance Loan
Processing fees : 2% to 5% + Applicable Taxes of the loan amount
Bouncing Charges : Rs.295 per bounce (Including GST)
Penal Charges : 0.067% per day (24.46% per annum)
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Monedo is the trade name of Monedo Financial Services Private Limited