Even though smart phones are becoming smarter and they have numerous applications that help people with their daily activities (alarm, banking apps, bill payment etc.) mobile phones are becoming more of a style statement where people showcase their mobiles as a status symbol. People are clamoring to stores be it online or physical to get the latest mobile when they launch.

One such brand that people are crazy about is Samsung. They are a multibillion dollar company producing some of the best phones in the industry. They have captured each and every segment be it students, professional or retiree with phones that cater to each segment need. They launch new phones regularly updating older versions. With their Samsung galaxy X launch date right around the corner we decided to give some tips on how you can get a Samsung mobile on EMI without credit card.

EMI Cards:

Bajaj Finserv’s EMI Card is one option to buy your dream Samsung phone. An EMI Card is essentially a pre-approved loan which converts various purchases into easy EMIs. You can additionally choose your tenure and the amount that you are comfortable with to pay as EMIs. If you want to pay off your purchase earlier, there will be no penalty on foreclosure.

Consumer durable loans:

There are many finance companies like Bajaj Finserv, Tata Capital, CapFirst, and Home Credit that offer consumer durable loans, which you could use to buy your mobile phone on EMIs. You can shop for your favorite mobile phone at one of the partner outlets and apply for the loan at the bill counter or apply for it online on their website. Documentation is minimal. If your documents are found to be in order, you will be approved, and you can walk out with your dream mobile in your pocket the very same day!

Lending technology platforms:

With new advances in financial technology every day, you can now buy your Samsung mobiles with the help of online lenders, using just your existing debit card! You can take advantage of various online lending platforms that let you shop using your debit card and convert it into easy EMIs. Thanks to platforms like ZestMoney, Finomena, and FastBanking (now Kissht), you can shop with your debit card and have your purchase converted into easy EMIs. Approval is fast and documentation required is minimal.

EMI on your existing debit card:

Banks like Axis, HDFC and ICICI Bank lets their customers buy mobile phones and other gadgets on EMI using their debit card! If you are a customer of any of these banks, you can simply buy your mobile phone by visiting the partner outlet where this offer is available. You can check with the bank’s website for details on partner outlets and eligibility. Keep in mind that you will need the requisite balance in your savings account for the transaction to be approved.

You can choose any of these methods which you are comfortable with for getting your favorite Samsung mobile. Happy shopping!!