Laptop Loan

Laptops are now a necessity and owning a laptop that meets all your needs in terms of features, configuration and settings, has become essential. But, buying a laptop that meets all your requirements can often come with a hefty price tag.

With MoneyTap, you can use your line of credit as a personal loan and buy a laptop on EMI without a credit card to meet your needs hassle-free!

MoneyTap’s Features and Benefits

Get instant approval for your line of credit of up to ₹ 5 Lakh.
Pay interest only on the amount you use.
Repay your spends in flexible EMIs while choosing a convenient payment period - 2 to 36 months!

Withdraw only as much as you need – it could be as little as ₹ 3,000 or as high as your approved limit.
Use MoneyTap’s credit card to withdraw 100% cash and get rewards every time you use your card to shop.
The only documents you need are your identity proof and address proof to start with.

Laptop Loan EMI Calculator

Loan Amount :

₹

|
0 |
25L |
50L |
75L |
100L |
125L |
150L |
175L |
200L

Interest Rate :

|
5 |
7.5 |
10 |
12.5 |
15 |
17.5 |
20

Tenure :

Yr %

Months

|
0 |
5 |
10 |
15 |
20 |
25 |
30

EMI Scheme

EMI in Advance EMI in Arrears

₹24,959

Loan EMI

₹34,90,279

Total Interest Payable

₹59,90,279

Total Payment (Principal + Interest)

Someone like you is happy with MoneyTap

Navjyoti

You can have credit cards but you have to pay hefty interest rates if you want to use them as a loan. You need to go for a personal loan if you need cash. But MoneyTap credit has a kind of 2-in-1 facility that lets you withdraw cash when you need it and change it to EMI as well [with lower interest rates]. I think it's really helpful and unique.

Navjyoti

Julen

The best feature on the app is instant feedback. You say "thank you" and it replies "welcome" - its' all done by the app. I have not seen this kind of intelligence in any other app. Absolutely love it.

Julen

N Cavin Misao

I was short of Rs. 30,000 for the down payment on my car. I used MoneyTap and got the money immediately. Thank you.

N Cavin Misao

Eligibility Criteria

Must be a full-time salaried employee with a minimum take-home salary of ₹ 30,000/month
OR
Must be a self-employed professional with an income of at least ₹ 30,000/month.
(Only certain professionals like doctors, lawyers, or business owners qualify)
Must be above 23 years and below 55 years of age
Must be a resident of one of the following cities:
View city list

Required Documents

Pan Card Number
Professional Selfie
(To be taken on the MoneyTap App)
Address Proof
(Valid Driving License / Valid Passport / Aadhar Card)
ID Proof
(Valid Driving License / Valid Passport / Voter’s ID / Aadhar Card / Pan Card)

Reasons You Are Here

Need to update your old laptop
Want a laptop you can’t afford
Your work requires a high-end laptop
Don’t have enough liquid cash to buy your laptop
Need to instantly replace your old laptop
Laptop malfunctioned when out of warranty

Why Purchase Your Laptop with a Personal Loan?

Using a personal loan to purchase your laptop gives you the freedom to buy the laptop you want without having to wait till you save up.
Laptops are a big-ticket item and also require a significant investment which can impact your financial liquidity. This is where a personal loan for buying a laptop can help.
There are a variety of brands and configurations to choose from, use a personal loan so you don’t miss out on the right combination due to lack of necessary funds.
Using a personal loan to purchase a laptop allows you to stay within your monthly budget by paying premiums/EMIs rather than a lump sum.

Financing Tips When Purchasing Laptop

Do your research and check both online and offline electronic outlets to narrow down on the best deal.
Set a budget for yourself and plan it as per your regular income so you can easily meet your EMI payments.
Remember that technology is rapidly evolving, so be sure to invest in new age technology as opposed to buying an older model simply because of the price difference.
You also need to determine what kind of laptop you're getting and when you plan to upgrade it as that will require you to plan your finances accordingly.

Get the app for a seamless application process

Get it on playstore

Get it on appstore

With MoneyTap’s line of credit you will have money available instantly 24x7 to use anytime, anywhere. Click below to experience its power.

Apply now

Our journey so far

5 years and counting as India’s 1st app based Credit Line

1.1M

Happy faces
252K

Loans disbursed
5

Years of service
10M+

Downloads

Different Ways to Use MoneyTap Personal Loan 2.0

MoneyTap's Personal Loan is
Now Available Across India

Laptop Loan FAQs

Can I get a loan for a laptop?

You want to get a loan for a laptop in the form of a consumer durable loan or a personal loan. Another option is to get MoneyTap's personal loan with a line of credit as a loan for a laptop.

Can I buy a new laptop on EMI with a debit card?

Yes. Online lending platforms and e-commerce sites often allow you to purchase a laptop using your debit card. All you have to do is choose the option “convert into EMIs” for easy and affordable payments.

Buying a laptop from a physical store with an initial down payment is also an option. The remaining amount can be paid by EMIs with your debit card after a quick approval process and a credit score check.

How can I buy a laptop on EMI without a credit card?

EMI cards, debit cards, and personal loans are options if you want to buy a laptop on EMI without a credit card.

Also, there are several online shopping platforms and offline stores with a tie-up with financial institutes, from where you can buy a laptop on EMI without a credit card. You can make a payment through them, later converting into easy EMIs.

What are the best options for laptop loans for students?

Depending on your preference and situation, the following are good options for students to buy laptops:

MoneyTap's personal loan
EMI cards
Debit cards with EMI payments
Consumer durable loans

Does MoneyTap offer an instant laptop loan?

Yes, MoneyTap offers an instant personal line of credit that can be used to buy a laptop without the hassles of documentation with a quick and easy approval process.

With this personal loan from MoneyTap, you can buy the laptop of your choice and use the extra money to make other purchases as and where required.

What is the interest charged on laptop instalments?

The interest charged on laptop loans typically come at the rate of 13% - 20% in India. Depending on the applicant’s credit score, income, and the lender, the interest rates may vary. Ideally, laptop finance covers 90% of the product price for loan tenures of 3 to 36 months.

MoneyTap charges interest rates as low as 1.08%.

Find our social channels

Quick Links

Reach Us

Download the app

Get it on playstore

Get it on appstore

MoneyTap’s Features and Benefits

Loan EMI

Total Interest Payable

Total Payment (Principal + Interest)

Someone like you is happy with MoneyTap

Navjyoti

Navjyoti

Julen

The best feature on the app is instant feedback. You say "thank you" and it replies "welcome" - its' all done by the app. I have not seen this kind of intelligence in any other app. Absolutely love it.

Julen

N Cavin Misao

I was short of Rs. 30,000 for the down payment on my car. I used MoneyTap and got the money immediately. Thank you.

N Cavin Misao

Eligibility Criteria

Required Documents

Reasons You Are Here

Why Purchase Your Laptop with a Personal Loan?

Financing Tips When Purchasing Laptop

Get the app for a seamless application process

Our journey so far

1.1M

252K

5

10M+

Different Ways to Use MoneyTap Personal Loan 2.0

Marriage Loan

Travel Loan

Medical Loan

Education Loan

Used Car Loan

Two-Wheeler Loan

Laptop Loan

Mobile Loan

Home Renovation Loan

Consumer Durable Loan

Debt Consolidation Loan

Used Two-Wheeler Loan

MoneyTap's Personal Loan is Now Available Across India

Laptop Loan FAQs

Find our social channels

Quick Links

Reach Us

Download the app

MoneyTap's Personal Loan is
Now Available Across India