The smartphone has transformed from luxury to necessity in just a few years. Everyone wants to know more about the top 10 smartphones within their budget. The wish to upgrade is real, but smartphones are expensive. And for buyers of the smartphone in our country, the price happens to be a big deal.
The budget smartphone is in high demand in the Indian market. This means smartphones with price tags within Rs.20,000, which offer most features of their higher-end counterparts. are a big hit.
Besides, the price range makes it possible to get a new one even if you are short of funds. If you are looking for an easier option, you can even get an equated monthly instalment (EMI) plan to take care of the financing. Opt for Bajaj Finserv’s EMI card or EMI Finance.
If you are looking for a new budget smartphone, here are some of the options available today:
Lenovo Z2 Plus
Moto G5 Plus
Honor 8 Lite
Xiaomi Mi Max Prime
Samsung Galaxy On Nxt
Asus Zenfone 3
Moto G4 Plus
Getting budget smartphones on easy EMIs is great. But EMIs imply interest charges, processing fees, and down payments. Each of these costs pushes up the price. But Bajaj Finserv has the no-cost EMI advantage, which lets you bypass these extra costs.
Best buy: Smartphones on no-cost EMIs
The EMI card from Bajaj Finserv gives you access to no-cost EMI offers at partner retail outlets, as well as on online retail websites.
What is no-cost EMI?
A no-cost EMI gives you the convenience of an EMI but at no extra cost. Remember, even the best EMI deals have charges of their own.
- For starters, you have to pay interest. This may range between 12% and 15%.
- There may also be a down payment to consider.
- You cannot cut out the processing fees. For short EMI tenures, some lenders may waive the fees. While the amount is usually low, it can go up to even Rs 1,000 or above.
A no-cost EMI gives you freedom from these charges. Say, the smartphone you wish to buy costs Rs 12,000. You want to pay it off within six months. In that case, you simply pay Rs 2,000 every month and nothing more.
How do you avail the no-cost EMI offers?
The easiest way is by getting the Bajaj Finserv EMI card. It works on the principle of a pre-approved loan – A single swipe for a transaction at a partner outlet leads to loan approval within minutes. You can pay back the loan in easy instalments. There are no foreclosure charges. And if you shop under the no-cost EMI scheme, there are no EMI costs either.
Don’t worry if you don’t have a card, you can also avail EMI finance at your favourite retail store. You will get instant approval and the phone you are looking for.
So, if a budget phone is on your wish-list this year, think about going the no-cost EMI way. Buying a smartphone in India has never been easier.