Buy Mobile on EMI without Credit Card 2023

EMI is an online store which stands for Equated monthly installment. It allows you to pay for your loans monthly with interest. The unique feature about EMI is it allows online shopping without credit card. EMI is used popularly in China, Japan, and a few other countries. The unique features and benefits such as ease, security, the flexibility of EMI made EMI popular and recognized worldwide. Equated monthly installment (EMI) is paid back by adding the interest for the loan term and principal, the total gives the amount of money that will be paid back.

Factors affect EMI

• Interest level: For EMI, the interest decreases while the principal increases
• Principal:A principal is paid back with interest
• Loan term:This is the stipulated time of the loan, loan term such as 2 months, 3 months, 6 months are present
• Annual resting period
  

There are a lot of EMI stores all over the world and the popularity, usage, and recognition of EMI stores increasing yearly. Some online products that can be paid for using EMI are;

• Mobile phones: Mobile phones are some of the popular things bought online using EMI, your favorite brand of phones can be bought using EMI, phone brands such as Nokia, Samsung, iPhone, Blackberry and so many others
• Watch:Different types of watches are bought using EMI, brands such as Casio, Timex is present
• Camera:Different kinds of Camera are bought using EMI, you can choose a camera within your price limit, there are different kinds and prices of camera present in an EMI store
• Laptops and electrical devices:If you ever need a laptop urgently and don’t have money for it yet or you don’t have a credit card, EMI is the best thing you use. You can buy any type of laptop using EMI and you don't have to worry of a high cost of laptops as affordable laptops are present in EMI stores, you can shop with ease and feel secure.
• Home appliances:You are moving into a new house or you need a few home appliances, you can try using EMI to buy the home appliances you need, the steps applied while shopping online using EMI is quite simple and secure. Other things that can be purchased using EMI are; accessories, Televisions, financial tours, clothes, and a few others.

We mainly introduces the ways you can purchase mobile phones on EMI without credit card in 2023.

How to Buy Mobile on EMI without Credit Card 2023

Purchasing mobile phones EMI is simple and easy. The simple steps required to purchase mobile phones online using EMI are;

• Choose your preferred products: As mentioned earlier, different kinds of brands can be purchased online using EMI, select the products you want to purchase, Nokia, Blackberry, iPhones and other brands are present
• Complete online registration: The online registration takes 1-24 hours for approval depending on the payment plan. While registering online for EMI, fill in your accurate documents and information properly.
• Select a loan tenure: Select any payment plan that suits you there are a lot of payment plans such as Zest, Kissht , EMI card, and so many others
• Pay EMI: Payment while using EMI is monthly and interests are added depending on the loan tenure you choose

The benefits and advantages of using EMI to purchase mobile phones and other appliances while using a credit card in 2023 are;

• Flexibility: Shopping online using EMI is flexible. There are different companies you can use, different loan tenures and easy online purchase
• Easy access: EMI is easily accessible, with a good network and gadget, you can easily access EMI online, there is no need to walk around your neighborhood or the town looking for places to buy different things when you can just sit in the comfort of your home, purchase all the things you need without credit card in your home.
• Cost: No charge is made on your credit card while using EMI, you buy for free and then pay in installments monthly when you are ready and capable
• Short Time: The time for shopping online is short when compared to shopping offline in shops, boutiques. Getting an EMI card also is simple and it takes a short time
• Approval is fast: To get approval for EMI online is fast, it takes about 30 minutes to 24 hours to get approval depending on the financial option chosen and the price of the phone
• Minimum requirements: The requirements needed to get an EMI card and shop online is minimum , only a few documents and information is required
• Professional service: The service provided by EMI is professional and of high quality
• Security:Using EMI to shop online without credit card is secure because you need not add all your credit card details and this prevents you from credit card theft.

Best Ways to Buy Mobile Phones without Credit Cards

After reading through what EMI is, the importance and benefits EMI, you should know the various ways to buy mobile phones without credit cards in 2023. There are various payment plans that you can make use of. The payment plans and process are;

1. Card less Checkout

This is a good and popular payment method used in EMI stores, it is easy to use, it is simple and the process is short and detailed. This option is chosen most of the times because the approval is fast and doesn’t need documentation for affordable phones. To use card -less checkout, use the following process

· Choose the brand of phone you want, you can choose as many as you want

· Check out the phones you choose

· Click on “EMI without card”

· The page directs you to available financing choices

· Choose your preferred financing plan

This option has a few features which make it different and admirable among EMI users, some features include:

· Payment is after 30 days of purchasing the product

· Purchase of some phones require a 10% down payment depending on the price while some don’t

· The document is required for phones with that cost more than $143 or 9901 rupees and approval takes up to 24 hours

2. Third party payment

Third-party payment is an excellent way to buy mobile online using EMI. The process is simple, easy and straightforward. Examples of online websites for third- party payment plans are Zestmoney , Snapmint and other third party payment plans are EMI cards and consumer durable loans. The benefits you can get for this payment plan is

· The approval is instant

· Everything is done online

· Purchasing online is simple

· It is flexible and there are different financing options present

Online websites for third party payment plans

Examples of online websites for third-party payment plans are Zestmoney , Snapmint , and so many others

Snapmint

Snapmint is an example of a digital merchant website used for third-party payments while using EMI. It is based in India. Snapmint has different banking partners such as Kotak, AU small microfinance bank and InCred . It is simple, easy, flexible and has been recommended worldwide. Online shopping from Amazon, Flipkart, and Samsung can be done using Snapmint . To use this online method follow this process

1. Search for Snapmint on your search engine or click here
2. Fill in your accurate personal information such as email address, home address, city, EMI tenure
3. Confirm approval and make down payment
4. Select the mobile you want to purchase and confirm the order
5. There is an app for Snapmint for mobile phone, to use this app, click here

Zestmoney

Zestmoney is a popular company which loans money online. The loans can last for 2 months, 3 months, up to 6 months. Some benefits of Zestmoney is

• It has a 0% interest rate with loans of three days
• A down payment is required before a purchase is made .
• It is fast, flexible and the approval rates are high
• Zestmoney allows its customers to pay early
• Various financial options and loan terms present
• There is an app for Zestmoney , Download the app here

To use Zestmoney for online purchase on EMI without credit card, follow these simple steps

• Search for Zestmoney on your search engine or click here
• Click on sign in for existing users or sign up for new users
• Create a profile with your email address and phone number
• Fill in accurate information such as employer name, employment type, account statement from the bank, salary and a profile picture
• Confirm your account details with net banking
• Sign a few documents properly and add date
• Activate credit limit, get as many vouchers as possible
• Fill in product name, price, installment plan and website on Zestmoney
• A voucher code for the loan is given by Zestmoney
• Purchase as many phones as you want
• Payment of loans after 3 days attracts an increase in interest rate

Kissht

Kissht is also simple and easy to use. It has fast approval; it requires a down payment and it has the top-notch customer service. To use Kissht , follow these simple methods

1. Search for Kissht online or click here
   
2. Fill in the document required
3. Confirm the details
4. Request for approval is made , down payment is paid and loan term is chosen
5. When approval is granted , purchase the phone brand you need

Consumer durable loans

This is another payment that can be used to purchase mobile phones on EMIs. Companies such as Tata Capital, Home Credit, Tata Capital, and a few others offer consumer durable loans to their customers to purchase mobile online without credit cards. To use consumer durable loans to purchase mobile phones online through these firms, follow these simple steps

1. Apply for the loan online or at the firm,
2. Fill in required documents,
3. Wait for approval and purchase the mobile you want

EMI cards

EMI cards are cards which have pre-approved loans that convert your purchases to EMIs. This process is easy, simple, has a low-interest rate and allows users to pay off loans earlier than the deadline
So there you have it. All these methods are the best and simplest ways to buy Mobile on EMI without credit cards in 2023. If you ever need to purchase things online without a credit card, try using EMIs and enjoy the benefits of using EMI payment plans.